Form 990 for tax year 2022

Totals

Total revenue

$10,878,832

Total expenses

$11,343,971

Contributions and grants received

$10,354,955

Grants paid

$0

Program service revenue

$161,162

Investment income

$362,715

Other revenue

$0

Total assets, end of year

$15,988,724

Total liabilities, end of year

$1,744,331

Net assets or fund balances, end of year

$14,244,393

Program services expenses (Part IX)

$10,808,854

Management and general expenses

$222,551

Fundraising expenses

$312,566

Program service expenses (Part III)

$10,808,854

Program services were 95.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Mission and programs · 2022

• LAUNCHED IN EARLY 2023, THE ASYLUM SEEKER RELIEF FUND AIMS TO SUPPORT PUBLIC-PRIVATE PARTNERSHIP PROJECTS DESIGNED TO ADDRESS THE EMERGENCY NEEDS OF MIGRANTS. THE MAYOR'S FUND HAS RAISED $6.25M WITH ROUGHLY HALF IN FINANCIAL CONTRIBUTIONS AND THE OTHER HALF BEING IN-KIND. THE PHILANTHROPIC AND CORPORATE PARTNERS HAVE BEEN CRITICAL IN THE MAYOR'S FUND EFFORTS IN THE AREAS OF EMERGENCY NEEDS, SUCH AS CLOTHING, HYGIENE PRODUCTS AND LIFE ESSENTIALS, AS WELL AS SOCIAL SERVICE, LEGAL, WORK READINESS, AND OTHER SUPPORTIVE SERVICES. HERE ARE A FEW HIGHLIGHTS OF THE FUND'S IMPACT: 1. ESTABLISHED MINI GRANTS BENEFITTING 19 HOUSES OF WORSHIP THROUGHOUT 2023, AND TOTAL SERVED HAS SURPASSED 5,000 INDIVIDUALS. 2. PROVIDED 15 IMMEDIATE SERVICE GRANTEES WITH GRANTS UP TO THE AMOUNT $25K. THEY SERVED 26,118 CLIENTS AND COVERED 132 ZIP-CODES. 3. RECRUITED A NON-PROFIT ORGANIZATION DEDICATED TO PROVIDING BASIC VISION TESTING AND NEW EYEGLASSES TO THOSE IN UNDERSERVED COMMUNITIES PRIMARILY TO SCHOOL AGE CHILDREN IN ORDER TO HELP THEM TO SEE BETTER AND THEREBY INCREASE THEIR CHANCES OF SUCCESS IN SCHOOL. THEY SERVED AROUND 200 PARTICIPANTS WITH EYEGLASSES AND VISION TESTS

  Expenses $3,707,446

• NYC OFFICE OF TALENT: THE MAYOR'S FUND, IN PARTNERSHIP WITH THE DEPARTMENT OF YOUTH AND COMMUNITY DEVELOPMENT, SECURED A $1.5 MILLION GRANT THAT WILL EXPAND THE IMPLEMENTATION OF TWO STEM-RELATED INITIATIVES OVER THE NEXT 3 YEARS, EXPLORING FUTURES AND COLLEGE NOW FOR CAREERS, SERVING MIDDLE AND HIGH SCHOOL STUDENTS.

  Expenses $1,046,963

• THE TWIN PARKS FIRE, ON 1/9/22 IN THE BRONX, IMPACTED 158 HOUSEHOLDS. THE MAYOR'S FUND RAISED $4.4 MILLION TO SUPPORT VICTIMS, AND CONTRACTED WITH BRONXWORKS TO PROVIDE CASE MANAGEMENT SERVICES ($1M) AND DISTRIBUTE $3M IN CASH ASSISTANCE. THE REMAINING FUNDS ARE BEING USED TO SUPPORT OTHER EMERGENCY NEEDS.

  Expenses $664,000

• THE MAYOR'S FUND, IN PARTNERSHIP WITH THE DEPARTMENT OF CONSUMER AFFAIRS OFFICE OF FINANCIAL EMPOWERMENT, AND THE MAYOR'S OFFICE FOR PEOPLE WITH DISABILITIES SECURED $50,000 FROM THE TAFT FOUNDATION FOR EMPOWERED NYC TO EXTEND FINANCIAL COUNSELING SERVICES TO NEW YORKERS WITH DISABILITIES. THE NEW YORK CITY SOCCER INITIATIVE (NYCSI), A MAYOR'S FUND PARTNERSHIP WITH ADIDAS, NYC FOOTBALL CLUB, U.S. SOCCER FOUNDATION, AND ETIHAD AIRWAYS, TO PROMOTE PHYSICAL HEALTH, YOUTH DEVELOPMENT, AND COMMUNITY ENGAGEMENT THROUGH SOCCER, COMPLETED ITS FIFTH YEAR. IN 2022, NYCSI HOSTED ITS FIRST COMMUNITY CUP, A CELEBRATORY 5V5 TOURNAMENT ON THE 50 NYCSI-CONSTRUCTED BLUE MINI-PITCHES WITH YOUNG PEOPLE IN ALL FIVE BOROUGHS.THE MAYOR'S FUND LAUNCHED MORE THAN A ROOF, WHICH PROVIDED FUNDING FOR THE FOLLOWING PROGRAMS: - IN PARTNERSHIP WITH THE NYC HUMAN RESOURCES ADMINISTRATION, THE MAYOR'S FUND PROVIDED 460 TARGET GIFT CARDS TO NYC HRA'S OFFICE OF DOMESTIC VIOLENCE CLIENTS, TRANSITIONING IN AND OUT OF SHELTER, FOR EVERYDAY ESSENTIALS LIKE CLOTHING, TOILETRIES AND SELF-CARE PRODUCTS TO HOUSEHOLD SUPPLIES, EDUCATIONAL MATERIALS, AND TECHNOLOGY. - IN PARTNERSHIP WITH THE UNITY PROJECT, THE MAYOR'S FUND WORKED WITH AN LGBTQ+ SERVING VENDOR TO PROVIDE DIRECT CASH ASSISTANCE TO 80 VULNERABLE NEW YORKERS HARDEST HIT BY THE COVID-RELATED ECONOMIC CRISIS. - IN PARTNERSHIP WITH THE MAYOR'S OFFICE OF CRIMINAL JUSTICE, THE MAYOR'S FUND GRANTED FUNDING TO A NONPROFIT WORKING TO ENHANCE WORKFORCE DEVELOPMENT AND LIFE SKILLS PROGRAMMING THAT SUPPORT SUCCESSFUL REENTRY FOR WOMEN, INCLUDING AN IN-HOUSE ENTREPRENEURSHIP TRAINING, A TECHNOLOGY LITERACY CURRICULUM, AND CAREER MENTORSHIP. DURING THE YEAR ENDED JUNE 30, 2023, THE FUND'S TOTAL NET POSITION DECREASED BY $2,727,347, OR 15%, FROM THE PREVIOUS YEAR DUE TO THE FOLLOWING CHANGES IN REVENUE AND EXPENSES: DURING THE YEAR ENDED JUNE 30, 2023, TOTAL CONTRIBUTIONS AND GRANTS WERE $9,625,967, A DECREASE OF $9,168,580, OR 49%, FROM THE YEAR ENDED JUNE 30, 2022. DURING THE YEAR ENDED JUNE 30, 2023, TOTAL EXPENSES WERE $11,646,038, A DECREASE OF $9,194,856, OR 44%, FROM THE PREVIOUS YEAR.

  Expenses $5,166,445 · Revenue $161,162

• THE CONNECTIONS TO CARE (C2C) PROGRAM, IMPLEMENTED 2016 TO 2021, INTEGRATED MENTAL HEALTH SUPPORT AT COMMUNITY-BASED ORGANIZATIONS (CBOS) SERVING LOW-INCOME AND AT-RISK POPULATIONS. IN FY22 CBO PARTNERS IDENTIFIED STRATEGIES TO SPREAD AND REPLICATE THE LESSONS OF C2C AND SUSTAIN THE MENTAL HEALTH INTEGRATION MODEL.

  Expenses $224,000

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Schedule J

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type

form_990

Tax year

2022

Filed

7 May 2024

IRS schema version

2022v5.0

Source object

202421289349302527

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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