July 23, 2009

New York City Mayor Is a Force for Philanthropy in Tough Times

By Caroline Preston

New program designed to spur volunteerism and efforts to help charities weather the recession could be a model for other cities, nonprofit observers say

What industry employs more people in New York City than finance, contributes $20-billion a year to the city's economy, and numbers more than 40,000 organizations? The answer — the nonprofit field — is no surprise to New York's mayor.

Nonprofit officials and others say Michael R. Bloomberg, in part because