NYC COVID-19 Response & Impact Fund

The NYC COVID-19 Response & Impact Fund was created to aid nonprofit service providers struggling with the initial health and economic effects of the coronavirus pandemic. It raised more than $110 million from more than 1,300 donors and gave financial assistance to 768 NYC-based organizations. It distributed more than $73 million in grants through The Trust and more than $37 million in no-interest loans through the Nonprofit Finance Fund.

Organizations that received funding from the NYC COVID-19 Response & Impact Fund included human services and arts and cultural nonprofits. The fund helped small and mid-sized charities with a variety of needs, including protective equipment, cleaning supplies, technological assistance for working remotely, and support to reduce the impact of financial losses. See a list of grantee organizations here and list of recipients of no-interest loans here.

We are very grateful to the generous contributors to the fund. Donors include the AC & JC Foundation, Inc. | Alleghany Corporation | Altman Foundation | Lily Auchincloss Foundation | BJ’s Charitable Foundation | Bloomberg Philanthropies | CIT | Kate Capshaw and Steven Spielberg | The Carnegie Corporation of New York | Central Indiana Community Foundation | The Chicago Community Trust | Delta Dental Community Care Foundation | The Destina Foundation | The Doris Duke Charitable Foundation | Durst Family Foundation | Erie Family Foundation | The Estée Lauder Companies Charitable Foundation | Fidelity Charitable Gift Fund (Stavis Charitable Foundation) | Ford Foundation | Fordham Street Foundation | Frechette Family Foundation | Joan Ganz Cooney & Holly Peterson Fund | Howard Gilman Foundation | Goldman Sachs Gives | The Greater Kansas City Community Foundation | The Kenneth C. Griffin Charitable Fund | GTS Securities LLC | Agnes Gund | Hearst Foundation | Interactive Brokers Group | Intercontinental Exchange | Jewish Communal Fund (Roy and Shirley Durst Charitable Fund) | The JPB Foundation | The Kaplen Brothers Fund | Leon Levy Foundation | Lucius N. Littauer Foundation | Loud Hound Foundation | The Andrew W. Mellon Foundation | Moody’s | Neuberger Berman Fund | The New York Community Trust | New York State Health Foundation | The New York Times Neediest Cases Fund | William J & Dorothy K O’Neill Foundation | Donald A. Pels Charitable Trust | The Charles H. Revson Foundation | Rite Aid Foundation | Robin Hood | The Rockefeller Brothers Fund | Silicon Valley Community Foundation | Alfred P. Sloan Foundation | Jennifer and Jonathan Allan Soros | Stavros Niarchos Foundation | Jon Stryker and Slobodan Randjelović | Take -Two Interactive Software, Inc. | The Tiffany & Co. Foundation The Laurie M. Tisch Illumination Fund | The UJA-Federation of New York | van Ameringen Foundation | Vanguard Charitable Endowment Program | The Wallace Foundation | Wells Fargo Foundation | Wellspring Philanthropic Fund | Wescustogo Foundation | The Zegar Family Foundation | and many more generous donors.

Supporters of the loan fund housed at the Nonprofit Finance Fund include Ford Foundation | The Jennifer and Jonathan Allan Soros Foundation | The New York Community Trust | Altman Foundation | SeaChange Capital Partners (through the New York Pooled PRI Fund) | and Trinity Church Wall Street.

Click here to read the July 29th press release about the Fund, “NYC COVID-19 Response & Impact Fund has issued over $110 million in emergency funds to New York City-based nonprofits.”

Nonprofit Finance Fund is a nonprofit community development financial institution headquartered in New York City that has been providing loans, financial consulting, and field intelligence to nonprofits and their funders in New York and across the country for 40 years.

Source

Leave a Reply

Your email address will not be published. Required fields are marked *