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New York · Nonprofit

THE MAYOR'S FUND TO ADVANCE NEW YORK CITY

THE MAYOR'S FUND TO ADVANCE NEW YORK CITY (New York) receives grants from 154 organizations whose IRS filings report $92,573,346 to it, the largest being FOUNDATION TO PROMOTE OPEN SOCIETY ($21,220,000). 50 of them have funded it in more than one year.

Revenue FY2025
$8.6M
Funders on record
154
Grants received
$93M
Net assets
$16M
50/154 repeat funderspeak grant-dependency 67%
01What it does

What The Mayor's Fund to Advance New York City does

Mission

Uniquely positioned to wed the incomparable reach of government withthe flexibility and entrepreneurial spirit of the private sector, themayor's fund leverages a deep well of civic goodwill to support newyorkers and new york city, in order to build innovative public-private partnerships that address critical city needs with the support of traditional philanthropy and private sector civic investors.

As stated on its FY2025 Form 990.

Programs

  1. See schedule odata-driven solutions for complex urban challengesthe mayor's office of policy and planning was developed through bloomberg philanthropies' innovation team (I-team) program, which supports cities in designing resident-centered solutions to pressing challenges.the nyc I-team deploys specialized staff who leverage data, community insights, and cross-sector collaboration to deliver measurable outcomes.to date, nyc I-team has: - partnered with 86 stakeholder organizations, including 35% city agencies - led 14 community-based engagement initiativeskey initiatives include: - distribution of 7,300 baby boxes and new family resource guides through nyc health + hospitals - launch of a nycha earned income tax credit campaign serving 50,000+ residents - expansion of universal afterschool with dycd, adding 40 new sites and 5,000 new seats (fall 2025)the mayor's fund is a proud partner in advancing this work under the leadership of the first deputy mayor's office.

    $1,551,887 spent
    17% of program spending
  2. See schedule othe nyc childcare quality and innovation initiative strengthen families' access to affordable childcare through targeted community outreach and hands-on enrollment support.through strategic partnerships with community-based organizations and investments in staffing capacity, the city has launched a coordinated system to expand access while improving the quality of childcare services--particularly in historically underserved communities.in partnership with the office of childcare and early childhood education and the administration for children's services, the mayor's fund has supported approximately 6,000 families in navigating the application process for government-subsidized childcare vouchers.

    $2,270,684 spent
    25% of program spending
  3. See schedule omobilizing public private partnerships for youth and familiesa key focus of the mayor's fund's partnership with nyc service has been securing in-kind and financial contributions to support: - new york city americorps - nyc civic corps - secret snowflake programmingthe mayor's office's secret snowflake initiative connects private-sector employees with youth across new york city through gift donations and essential support.donors provided approximately 14,000 gifts, including games, books, and winter clothing, to children and youth (up to age 18) receiving city services--including those in foster care, shelters, temporary housing, and kinship care households.

    $467,409 spent
    5% of program spending
  4. Other

    $4,676,609 spent$165,100 earned by the program
    52% of program spending

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $8,966,589.

02The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20202020 Revenue 100 ($78M) Expenses 100 ($66M) Net assets 100 ($27M)2021 Revenue 24 ($19M) Expenses 42 ($28M) Net assets 65 ($18M)2022 Revenue 25 ($19M) Expenses 31 ($20M) Net assets 56 ($15M)2023 Revenue 14 ($11M) Expenses 17 ($11M) Net assets 52 ($14M)2024 Revenue 14 ($11M) Expenses 13 ($8.3M) Net assets 62 ($17M)2025 Revenue 11 ($8.6M) Expenses 14 ($9.3M) Net assets 60 ($16M)
202020212022202320242025
Revenue (11)Expenses (14)Net assets (60)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $29M to $18M (−39%).

$34M
$29M
$18M
$16M
$18M
$18M
202020212022202320242025
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 1% · 2021 4% · 2022 4% · 2023 17% · 2024 6% · 2025 8%. Grants only. Government contracts and fees sit inside program revenue.

92% of THE MAYOR'S FUND TO ADVANCE NEW YORK CITY’s revenue is contributions — more donation-reliant than the typical peer (61% for the typical peer).

This organization
Typical peer · 4,434 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 6 reported years ran a deficit.

$12M
’20
−$9.3M
’21
−$982k
’22
−$465k
’23
$2.8M
’24
−$656k
’25
6.0
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Kate R Smith

Executive director

Board chair

Ana Almanzar

Chair

As listed on its FY2025 Form 990.

202020212022202320242025
Listed1514127813
Joined·+2+6+2+4+6
No longer listed·38731
03Who funds it

Who funds it, year by year

2017 → 2023: the base narrowed from 24 funders to 21 funders, grant income fell $5.3M → $3.0M.

25 of 154 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 20% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of THE MAYOR'S FUND TO ADVANCE NEW YORK CITY’s funders (the co-funder graph). Top 30 of 154 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

THE MAYOR'S FUND TO ADVANCE NEW YORK CITY has a broad base — no single funder exceeds 23% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

53% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund THE MAYOR'S FUND TO ADVANCE NEW YORK CITY.

23%
largest funder
56%
top three
~8
effective funders

Largest funder’s share by year: 2017 33% · 2018 31% · 2019 26% · 2020 40% · 2021 20% · 2022 25% · 2023 25% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

15% of THE MAYOR'S FUND TO ADVANCE NEW YORK CITY's funders are still giving 3 years after their first grant; 32% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

93% of THE MAYOR'S FUND TO ADVANCE NEW YORK CITY's grant income comes from New York funders.

WA
IL
MI
NY
MA
IN
OH
PA
NJ
CT
CA
VA
MD
DE
NC
DC
TX

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
New York out of state home

Funder states come from each funder’s own filing. $19M arriving through sponsors registered in 13 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

THE MAYOR'S FUND TO ADVANCE NEW YORK CITY is better cushioned than half of the 2,127 community improvement nonprofits its size.

Operating margin−8% · bottom quartile
Months of reserve6.0mo · above the median
Revenue growth (annualized)−36% · bottom quartile

this organization peer median middle 50% of peers· 2,127 community improvement nonprofits $1M–$10M, FY2025

Organizations like THE MAYOR'S FUND TO ADVANCE NEW YORK CITY

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In New York

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

96% of spending goes to programs.

Program 96%Management 2%Fundraising 2%

Governance

7
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

97%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

NY

Screen this organization

A dated, signed PDF of the compliance screen for THE MAYOR'S FUND TO ADVANCE NEW YORK CITY: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds THE MAYOR'S FUND TO ADVANCE NEW YORK CITY?
THE MAYOR'S FUND TO ADVANCE NEW YORK CITY (New York) receives grants from 154 organizations whose IRS filings report $92,573,346 to it, the largest being FOUNDATION TO PROMOTE OPEN SOCIETY ($21,220,000). 50 of them have funded it in more than one year.
How many funders does THE MAYOR'S FUND TO ADVANCE NEW YORK CITY have?
IRS filings report 154 organizations giving $92,573,346 in grants to THE MAYOR'S FUND TO ADVANCE NEW YORK CITY, 50 of which have funded it in more than one year.
Who is the largest funder of THE MAYOR'S FUND TO ADVANCE NEW YORK CITY?
FOUNDATION TO PROMOTE OPEN SOCIETY is the largest funder on record, with $21,220,000 in grants. The full list of funders is on this page.
How can an organization like THE MAYOR'S FUND TO ADVANCE NEW YORK CITY find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2020–2025), and the filings of 154 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing