OVERVIEW: Funds from the New York Community Trust reach disease-related causes through various routes, with most grantees being in the state of New York. The foundation's disease-related funding tends to prioritize HIV/AIDS and cancer.
IP TAKE: Organizations based in New York have a strong advantage over others, but it is not unheard of for the trust to support groups in other areas.
PROFILE: The New York Community Trust was formed in 1924, so that a group of eleven banks could “more effectively make grants from the charitable trusts they held.” Today, it works to “bring together individuals, families, foundations, and businesses to build a better community and support nonprofits that make a difference.” Its main goal is to help other charitable organizations pursue their own charitable endeavors, however it has some broad focus areas in Poverty, Justice, LGBTQ Issues, Children & Teens, Education, Health, Arts, Elderly, and Environment.
NYCT’s Health focus area supports health causes in New York City and surrounding areas. Its current priorities are to “make the health system work better,” “address mental health and substance abuse,” “help with visual disabilities,” and “support biomedical research.” Projects in this last area include “new treatments for breast, eye, and bone cancers” and “stem cell use for research in Parkinson’s and cardiovascular diseases.” Historically, the trust has given a lot to cancer causes and other big-name diseases such as AIDS, cystic fibrosis, and epilepsy, as well as lesser-known diseases like tinnitus and facioscapulohumeral muscular dystrophy. The trust also focuses on blindness and visual disabilities, which include many vision-related diseases.
NYCT’s grant amounts may vary drastically, depending on the interests of its donors. It accepts applications at any time and reviews them three times a year.
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