Friday, October 24, 2014
New Philanthropy Center, Fund for 2025 Respond to Funders’ Needs
Philanthropy New York, a "regional association of grantmakers with global impact," announced on Monday that it plans to establish a new Philanthropy Center at the "crossroads of the world" – Times Square. We also announced early commitments of more than $2 million to our Fund for 2025 campaign, an initiative to grow the capacity of the tri-state region's philanthropic sector. To that end, PNY aims to raise at least $2.5 million to underwrite its next decade of growth, including the new center, technology upgrades, expanded programming, and a public policy fellowship program.
The Philanthropy Center isn't some sort of shiny new apple of our collective eye but a concrete response to what we've heard from our members about the needs of the region's philanthropic community. At the end of last year, Philanthropy New York members, board, and staff wrapped up work on a Strategic Plan for 2014-2016, a plan that represents both a continuation of our mission and substantially revises the strategies we employ in pursuit of that mission. We believe that for our members to be fully positioned to tackle complex issues at the city, national, and international levels, PNY must be able to provide an appropriate level of support. We aim to do that by adding new programs, increasing member engagement options, and growing our public policy work; improving our technology infrastructure; and developing fee-based business lines that further diversify our revenue streams and enhance our long-term sustainability....