New York Foundation
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| Founded | 1909 |
|---|---|
| Founder | Alfred Heinsheimer, Edward Henderson, Jacob H. Schiff, Isaac Newton Seligman, and Paul Warburg |
| Focus | Start-up Organizations, Community Organizing, Advocacy |
| Location | |
| Method | Grants, Funding |
| Endowment | $60 million |
| Website | NYF.org |
The New York Foundation is a charitable foundation which gives grants to nonprofit organizations supporting community organizing and advocacy in New York City.
The New York Foundation was established in 1909 when Louis A. Heinsheimer, a partner in banking firm Kuhn, Loeb & Co., died. In his will Heinsheimer bequeathed $1 million to “the Jewish charities of New York” under the condition that they choose to federate within a year of his death.
One year later when the conditions stiplated in Heinsheimer's will had not been met (the Federation of Jewish Philanthropies would not be founded until 1917) the $1 million bequest reverted into the hands of his brother, Alfred M. Heinsheimer, who, in turn, donated the money to the New York Foundation.
The New York Foundation was created by Edward Henderson, Jacob H. Schiff, Isaac Seligman, and Paul Warburg in order that they might “distribute... resources for altruistic purposes, charitable, benevolent, educational, or otherwise, within the United States of America”.
The Foundation was officially incorporated in April 1909, when the charter drafted by Henderson, Schiff, Seligman, and Warburg was enacted by the New York State Legislature and signed by the Governor, making it one of the oldest organizations of its kind.
In an article published on November 5, 1910, the New York Times wrote an article about Alfred Heinsheimer's decision in which the Foundation's significance as a “non-sectarian” organization was emphasized.
That same year the Foundation gave a $4,100 grant to the Henry Street Settlement so that they might provide low-income families who were unable to afford “hospitals beds” with visiting nurse service. This groundbreaking program led directly to the foundation of the Visiting Nurse Service of New York.
One year later, in 1911 the Foundation gave a grant to the Public Education Association so that they might establish a similar “visiting teacher” service.
In 1912 The New York Prohibition Association received funds from the Foundation for a “protective league” for “girls... working in factories, offices, and shops”.
Two grants were awarded to the National Association for the Advancement of Colored People, “a newly formed organization” whose Director of Publicity and Research, W. E. B. Du Bois had personally requested funding from the Foundation for “an investigation of the Negro Public Schools in the United States” as well as for the “Bureau of Legal Redress for Colored People”.
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