Tuesday, November 4, 2014
Philanthropy’s Self-Appointed Critic Picks at PNY’s Fund for 2025, But Agrees It’s "Money Well Spent"
Philanthropy New York, one of the premier regional associations of grantmakers, is hitting up its members for $2.5 million to finance a move to new and improved office space. Should it get the money?
The group's current lease at 79 Fifth Avenue ends in June 2015 and renewing was not an option. The association raised $1.67 million back in 2005 to move to its current space, so now's the time to move into the next decade.
PNY established the "Fund for 2025" to raise $2.5 million for its upcoming move, and the money will go toward a Philanthropy Information and Networking Center at 1500 Broadway in Times Square, technology upgrades, program expansion and the establishment of a public policy fellowship program....