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Filing year 2023

FUND FOR THE CITY OF NEW YORK INC

New York, New York·EIN 13-2612524·NTEE T310 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$67M
Total assets
$172.1M
Total expenses
$62.1M
Reported officers
35
Mission

THE FUND FOR THE CITY OF NEW YORK WAS CREATED IN 1968 BY THE FORD FOUNDATION TO BE RESPONSIVE TO OPPORTUNITIES TO IMPROVE THE QUALITY OF LIFE BY WORKING TO IMPROVE THE PERFORMANCE OF GOVERNMENT AND NONPROFIT ORGANIZATIONS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 28 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in New York.

Board Member/president
Above 90th percentile
$414k
$464k
Base
$357k
Bonus
Other
Benefits
$34k
Chief Financial Officer
Above 90th percentile
$371k
$417k
Base
$315k
Bonus
Other
Benefits
$25k
Executive Vice President
75th to 90th percentilevs Philanthropy, Voluntarism & Grantmaking peers nationwide
$314k
$352k
Base
$275k
Bonus
Other
Benefits
$11k
Executive Director
75th to 90th percentile
$289k
$325k
Base
$240k
Bonus
Other
Benefits
$26k
Executive Director
75th to 90th percentile
$285k
$320k
Base
$240k
Bonus
Other
Benefits
$21k
Executive Director
75th to 90th percentile
$272k
$305k
Base
$215k
Bonus
Other
Benefits
$36k
Chief Operating Officer
Median to 75th percentile
$261k
$293k
Base
$230k
Bonus
Other
Benefits
$9k
Director
Highest Compensated Employee
75th to 90th percentile
$260k
$292k
Base
$205k
Bonus
Other
Benefits
$35k
Executive Director
75th to 90th percentile
$252k
$283k
Base
$198k
Bonus
$9k
Other
Benefits
$25k
Director
Highest Compensated Employee
75th to 90th percentile
$249k
$280k
Base
$196k
Bonus
Other
Benefits
$33k
Executive Director
75th to 90th percentile
$243k
$273k
Base
$200k
Bonus
Other
Benefits
$23k
Executive Director
Median to 75th percentile
$241k
$270k
Base
$209k
Bonus
Other
Benefits
$12k
Executive Director
Median to 75th percentile
$240k
$269k
Base
$205k
Bonus
Other
Benefits
$35k
Chief Operating Officer
Median to 75th percentile
$232k
$261k
Base
$187k
Bonus
Other
Benefits
$26k
Chief Executive Officer
Median to 75th percentile
$231k
$260k
Base
$220k
Bonus
Other
Benefits
$11k
Senior Director
Highest Compensated Employee
Median to 75th percentile
$228k
$256k
Base
$194k
Bonus
Other
Benefits
$35k
Chief Executive Officer
Median to 75th percentile
$224k
$251k
Base
$185k
Bonus
Other
Benefits
$25k
Program Director
Director (Operational)
Above 90th percentilevs Philanthropy, Voluntarism & Grantmaking peers nationwide
$223k
$250k
Base
$185k
Bonus
$6k
Other
Benefits
$13k
Chief Operating Officer
Median to 75th percentile
$220k
$247k
Base
$168k
Bonus
Other
Benefits
$36k
Executive Director
Median to 75th percentile
$219k
$245k
Base
$194k
Bonus
$7k
Other
Benefits
Chief Executive Officer
Median to 75th percentile
$219k
$245k
Base
$151k
Bonus
$27k
Other
Benefits
$23k
Senior Director
Highest Compensated Employee
Median to 75th percentile
$216k
$243k
Base
$193k
Bonus
$12k
Other
Benefits
$11k
Executive Director
Median to 75th percentile
$215k
$241k
Base
$171k
Bonus
$2k
Other
Benefits
$26k
Chief Executive Officer
Median to 75th percentile
$213k
$239k
Base
$177k
Bonus
Other
Benefits
$36k
Comptroller
Controller
75th to 90th percentilevs Philanthropy, Voluntarism & Grantmaking peers nationwide
$210k
$235k
Base
$169k
Bonus
Other
Benefits
$23k
Executive Director
Median to 75th percentile
$205k
$230k
Base
$157k
Bonus
Other
Benefits
$33k
Vice President of Loan Program
Board Vice President
75th to 90th percentile
$194k
$217k
Base
$166k
Bonus
Other
Benefits
$11k
Executive Director
Median to 75th percentile
$170k
$191k
Base
$154k
Bonus
$750
Other
Benefits

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 7 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at FUND FOR THE CITY OF NEW YORK INC equaled 0.7% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2023)
0.7%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 2%
from 2022

From $407k in 2022 to $414k in 2023.

$407k
2022
$414k
2023
In today's dollarsEst.
Down 2% in real terms$475k to $464k

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 75% from 2022 to 2023, while revenue fell 1%.

$237k in 2022 to $414k in 2023.
  • Chief Financial Officer pay rose 5% from 2022 to 2023.
  • Executive Vice President pay rose 3% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about FUND FOR THE CITY OF NEW YORK INC

What does the Chief Executive Officer of FUND FOR THE CITY OF NEW YORK INC earn?

In 2023, the Chief Executive Officer of FUND FOR THE CITY OF NEW YORK INC received $413,664 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in New York: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at FUND FOR THE CITY OF NEW YORK INC compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in New York, the 2023 pay of the Chief Executive Officer at FUND FOR THE CITY OF NEW YORK INC falls in the top 10%. In 2023, the highest total compensation at FUND FOR THE CITY OF NEW YORK INC equaled 0.7% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are FUND FOR THE CITY OF NEW YORK INC's revenue and expenses?

In 2023, FUND FOR THE CITY OF NEW YORK INC reported $67M in total revenue and $62.1M in total expenses on its IRS Form 990.

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