New York City Partnership Foundation Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
See Schedule O
- Income
- $5.1 million
- Spending
- $6.2 million
- Spent on programs
- 93%
- Reserves
- 72.1 months of spending
- Largest source of income
- donations and private grants, 63%
- Employees
- 0
- Volunteers
- 6
- Highest pay
- $1.7 million, vice president and director
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 70 out of 100. Higher than 30% of charities in its peer group (philanthropy, $1m to $10m).
Reserves
35 of 35Spendable reserves would cover 72.1 months of spending.
Debt
20 of 20It owes 1% of what it owns.
Living within its means
0 of 15Spending exceeded income by 21% of income.
Income trend
0 of 15Income fell 29% on the year before.
Spending floor
15 of 1593% of spending went to programs and raising each dollar of donations cost 1 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 95 out of 100. Higher than 57% of charities in its peer group (philanthropy, $1m to $10m).
Independent board
25 of 255 of 7 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (7)
- $1.5 million spent. Portfolio Program Services Provided financial assistance in the form of loans to existing projects in New York City. Also, during 2024, our Innovation Labs strategy advanced the application of new technologies to address urban challenges, including helping government agencies deliver services more effectively. Innovation Labs have been established in critical sectors where transformative technology solutions can have the greatest impact on city infrastructure and public services and the New Yorkers who rely on them.
- $200,000 spent. Grants to Affiliate Supported The Partnership for New York City Inc. policy development and analysis activities related to issues such as economic development, educational job creation, transportation, environmental sustainability, and public education in New York City.
- $169,070 spent. The David Rockefeller Fellows was established in 1989 as a tribute to the civic leadership of The Partnership for New York Citys founding chairman, and to educate and engage a rising generation of private sector leaders in the civic needs of New York City so they will be able to take an active role in shaping New York Citys future. Each year approximately 30 Fellows are selected to participate in meetings and site visits that will provide a network for personal leadership development and to help Fellows become aware of the opportunities for public-private partnerships and the benefits of the partnerships between the City and their business. The Fellows meet with a number of CEOs from member companies of The Partnership for New York City, Inc., a related entity. The program counts over 500 alumni, most of whom remain active in Organization activities on an ongoing basis.
- Program Service Expenses 3,326,434, Grants and allocations 3,326,434, Revenue 0 The Homeless Assistance Fund the Fund is a public-private initiative to provide services and mental health resources to New Yorkers experiencing homelessness. The Fund is an initiative with Breaking Ground Housing Development Corporation Breaking Ground, a homeless outreach and housing nonprofit 501c3, to accelerate getting unsheltered New Yorkers and individuals living with mental illness into the treatment programs and housing they need. The New York City Partnership Foundation, Inc. entered into a grant agreement with Breaking Ground in 2022 to launch the Fund, a unique public-private initiative with the city and Breaking Grounds Connect to Care program. Connect to Care supplements existing outreach programs with more intensive outreach and trust-building among New York Citys most vulnerable and entrenched homeless population and accelerates getting these individuals into treatment programs and housing. The program reaches those who have been unsheltered the longest, have the most disabling conditions, and are least likely to access housing resources.
- Program Service Expenses 297,927, Grants and allocations 0, Revenue 0 We Love NYC Campaign is a public education campaign to address the challenges to New York City stemming from the COVID-19 pandemic and the post-pandemic future of New York City.
- Program Service Expenses 30,000, Grants and allocations 0, Revenue 30,000 Strategic Initiatives transportation study regarding opportunities for new, reinvigorated approaches to New Yorks housing challenges, which will address significant issues with pollution, congestion, freight movement, and lack of adequate transportation, often very close to economic centers of activity where access to high-quality multimodal transport options is limited.
- Program Service Expenses 250,000, Grants and allocations 250,000, Revenue 0 Small Business Resource Network/Open Online SBRN is a comprehensive approach to small business resiliency offering free, personalized guidance and support to NYC businesses via a collaborative partnership between the five borough chambers of commerce, with generous support from The City of New York. The program targeted MWBE small business entrepreneurs with little to no digital presence, providing support an increasingly digital marketplace to help them access free support and technical assistance so that their businesses can continue to grow and thrive. Our unique service-delivery model places Business Support Specialists on the ground in neighborhoods across the city, helping businesses connect to free resources offered by both the public and private sectors, including financing, marketing, technology e-commerce, legal, general business counseling, and navigating agencies. Since early 2021 and with funding raised by The Partnership for New York City, Inc., Open Online has been a free resource to help small businesses establish or improve their digital presence.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since July 1990.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
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