OVERVIEW: With total assets exceeding $2 billion and more than $144 million in grants, the NYCT is a powerhouse funder for social, economic, and environmental justice causes.
IP TAKE: NYCT concentrates on helping LGBT seniors and minorities, providing legal assistance, and aiding victims of HIV/AIDS. Organizations must work in the New York metropolitan area to be considered for funding.
PROFILE: Established in 1924, the New York Community Trust (NYCT) is one of the largest trusts in the nation actively supporting LGBT rights. The trust reports total assets in excess of $2 billion and has regularly distributed over $140 million in grants annually. The NYCT is one of the oldest and largest community foundations in the nation. Comprised of more than 2,000 charitable funds, the trust has become a major funding institution. The NYCT supports a wide array of causes related to social, economic, and environmental justice. The NYCT maintains three categories of funding: Thriving Communities, Promising Futures, and Health Lives.
While most foundations keep their LGBT funding under one program, NYCT supports LGBT services through various programs. It primarily conducts LGBT grantmaking through its Promising Futures program, which emphasizes human justice and human services. NYCT has funded legal assistance, programs that aid individuals with HIV/AIDS, and services to elderly or economically disadvantaged LGBTQs, as well as LGBTQ people of color.
Grants range from $25,000 to $100,000, and only fund organizations or projects in one of New York's five burroughs. Past grantees include the Center for Anti-Violence Education, the New York Civil Liberties Foundation (NYCLF), and Services and Advocacy for GLBT Elders (SAGE) to redesign and expand its services for the elderly in the city.
Grant requests are accepted throughout the year and reviewed five times annually; detailed instructions for how to apply can be found here.
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