Philanthropy New York Inc

What it reported doing in 2025

Public policy engagement: philanthropy New York engages in public policy efforts that promote effective philanthropy and build stronger communities. The organization fosters relationships between members and local and federal officials to exchange knowledge and shape local, state and federal legislation; provides analysis, insights, and calls to action via communications such as the public policy corner; and issues public policy statements supporting nonprofits and systemic change. Philanthropy New York advocates for or against legislation affecting nonprofits and foundations, including presenting testimony, visiting elected officials and submitting amicus briefs. Network building: philanthropy New York facilitates funder collaboration by managing peer-to-peer professional networks and issue-based working groups. These networks are designed to help members learn what's happening at their colleagues' foundations, exchange lessons learned and strategies for strengthening practice, navigate the sector and form lasting connections that improve their own work and that of the larger sector. Peer professional networks are a place where participants can share advice and offer support on topics and issues that cover the full scope of their professional work. Peer networks also help members stay connected to each other and abreast of current issues that relate to their work. Issue-based working groups provide valuable professional connections, enable members to pool resources, develop collaborative funding initiatives and draw on collective expertise to strategize around complex problems.

Financial Efficiency

• Mission deployment rate: 86.4%; rating input score 86
• Program expense ratio: 89.8%; rating input score 90
• Fundraising efficiency: $125.41 raised per $1 spent on fundraising; rating input score 90; 90th percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: 2 of 6 controls in place; rating input score 33
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: 99.6%; rating input score 100; 45th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 9 of 9 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 4.3%; rating input score 41; 41st percentile among comparable filings
• Total-asset coverage ratio: 1.66; rating input score 52; 52nd percentile among comparable filings
• Liabilities to assets ratio: 0.22; rating input score 34; 34th percentile among comparable filings
• Officer compensation ratio: 16.3%; rating input score 20; 20th percentile among comparable filings

Growth

• Program expense growth: 11% per year; rating input score 100; 64th percentile among comparable filings
• Revenue growth: 11.2% per year; rating input score 100; 69th percentile among comparable filings
• Asset growth: 6.4% per year; rating input score 100; 41st percentile among comparable filings