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New York BBB Wise Giving Report for
Grand Street Settlement

A BBB Accredited charity


  • Meets all standards

Expiration Date:
Grand Street Settlement
80 Pitt Street
New York, NY 10002
Year, State Incorporated:
1940, New York
Grand Street Settlement Senior Housing Development Fund Corporation
Stated Purpose:
" Grand Street Settlement expands opportunities for low-income families and individuals by providing culturally relevant services that support community-building, advocacy, self-determination and an enriched quality of life. "

Evaluation Conclusions

Grand Street Settlement meets the 20 Standards for Charity Accountability.


Grand Street Settlement connects thousands of New York City’s impoverished and disadvantaged families with the support and resources needed to help one another grow a better future together. Our programs and services create a network that expands across both sides of the Williamsburg Bridge, serving both the Lower East Side and the Brooklyn neighborhoods of Bushwick and Williamsburg. GSS's comprehensive services address complex needs, such as the removal of the economic, social and educational barriers that create isolation among at-risk and impoverished populations, as well as the more fundamental, tangible needs of food, housing, care and referrals for aid. For nearly a century, GSS has upheld the founding tenements of settlement houses by mobilizing the power of community to realign the energies of fortunate New Yorkers to use their influence and resources to help lift our neighbors out of poverty. By remaining open and free to the public to ensure accessibility for all members of the community, regardless of age, physical ability, language barriers or cultural backgrounds, GSS has remained a cornerstone of the community while constantly striving for social reform. This model of service across all four of GSS's main program areas - Early Childhood, Youth, Family Support and Senior Services - transcends generational, cultural and socioeconomic boundaries to enrich the lives of those we serve, as well as the entire community.


Chief Executive Officer:
Ms. Margarita Rosa, Executive Director
Chair of the Board:
Mr. Kenneth W. Liebman
Chair's Profession / Business Affiliation:
Executive Director/Crystal & Company
Board Size:
Paid Staff Size:

*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.

Fund Raising

Method(s) Used:

Invitations to fund raising events, grant proposals, internet
Fund raising costs were 14.8% of related contributions. (Related contributions, which totaled $4,129,869, are donations received as a result of fund raising activities.)

Tax Status

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.


The following information is based on Grand Street Settlement's Audited Financial Statements for the fiscal year ended June 30, 2011.

Source of Funds  

Government Contracts




Realized and unrealized gain on investments


Donated occupancy and services


Rental income


Special events, net of expenses


Investment income


Program service fees


Miscellaneous income


Total Income


Program Expenses  

Early childhood programs


Senior Programs


Youth services


Community development


School-based counseling services


Case management

Total Program Expenses:
Fund Raising Expenses
Administrative Expenses

Total expenses

Income in Excess of Expenses




Uses of Funds as a % of Total Expenses

Programs: 85%  Fund Raising: 5%  Administrative 11% 
Roll the cursor over the pie chart to see the dollar amounts.

Beginning net assets $6,018,810
Ending net assets 7,804,409
Total liabilities 12,441,921

Total assets



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This report is not to be used for fundraising or promotional purposes and may not be reproduced or distributed in whole or in part.