The Mayor's Fund to Advance New York City is a 501(c)(3) nonprofit organization designed to aid City programs. Established in 1994 (formerly Public-Private Initiatives), the Mayor's Fund serves as an important vehicle for foundations, corporations and individuals to contribute to public programs and enhance the City's ability to serve its residents.
Since government can't do it all, the Mayor's Fund is committed to making a meaningful difference in the lives of New Yorkers with the help of private sector partners. The Mayor's Fund invests private donations in programs to support innovation and emerging needs, while evaluating their effectiveness and feasibility of future public funding. The Mayor's Fund devotes 100% of donations to programs, and does not retain an administrative fee.
Current projects supported by the Mayor's Fund include the Family Justice Initiative, which serves adult victims of domestic violence and their children by providing a single delivery point for essential advocacy, case management and legal and housing assistance; MillionTreesNYC, the City's ambitious plan to plant and care for one million new trees throughout the five boroughs over the next decade; and OpportunityNYC, an incentive-based strategy to help families break the inter-generational cycle of poverty.
Read the Mayor's Fund 2006-2007 Annual Report. (in PDF )
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In 2009 the Mayor's Fund received in 4-star rating for the third consecutive year from Charity Navigator, America's largest independent evaluator of charities. The ratings are based on organizational effectiveness and efficiency.
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Contribute Magazine's Contribute 200 Guide to Investor-Worthy Charities (Nov./Dec. 2007) ranked the Mayor's Fund #1 in Fundraising Efficiency; Program Focus; and Overall Top-Ranked Nonprofit by Cause in the "Community Development & Civic" category. The top rankings recognize the Mayor's Fund for allocating the highest percentage of funds to program services and having the highest return for every dollar spent on fundraising.