May 27, 2012
Inside the Big Donor-Advised Funds
New York Community Trust
Assets and Giving in 2011
Total assets of all donor-advised funds at the organization: $820.5-million (+3.9% change from 2010)
Total amount donors contributed to their funds: $130.9-million (+40.8%)
Total sum donors channeled to charity from their funds: $89.3-million (-5.7%)
Number of funds: 1,343 (+5%)
About the Organization’s Funds
Average amount in each fund: $610,972 (-1.1%)
Minimum amount a donor must supply to open a fund: $5,000
Minimum a donor must give each time he or she adds to the fund: No minimum
Fees: Details not reported.
Contributions to Charities
Accepts grant applications: Yes
To see a full list of all contributions: Details on grants made from donor-advised funds are not made public, but information is available for grants awarded through the competitive grantmaking program made possible through permanent, charitable funds established with the Trust.