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New York BBB Wise Giving Report for
New York City Police Foundation

A BBB Accredited charity

 



Expiration Date:
09/2016
Name:
New York City Police Foundation
Address:
555 Fifth Avenue, 15th Floor
New York, NY 10017
Phone:
212-751-8170
Year, State Incorporated:
1971, New York
Affiliates:
None
Stated Purpose:
" The New York Police Foundation, INC. provides critical resources to the New York City Police Department for innovative programs that make New York City a safer place to live, visit and work. Established in 1971 by business and civic leaders as an independent, non-profit organization, the Police Foundation promotes excellence in the NYPD and supports public safety activities. With the support of its community of donors, the Police Foundation has invested over $120 million in hundreds of police programs designed to help the NYPD keep pace with rapidly evolving technology, strategies and training. "





Evaluation Conclusions
 

              
New York City Police Foundation meets the 20 Standards for Charity Accountability.




Programs
 

              
The New York City Police Foundation strives to help the NYPD build on its record of success to continue to innovate in order to best respond to today's challenges. These Programs are just a few of the many ways in which the Police Foundation and its community of donors help the Department to make New York City safer. The Police Foundation remains steadfast in support of the NYPD's historic crime-fighting efforts by funding programs that the city budget cannot afford to create a better environment for all of us. This Investment in the Department goes a long way to strengthen the security of our City and provides clear, measurable results for public safety. What better examples are there than removing dangerous criminals from our streets through Crime Stoppers or providing the NYPD with invaluable intelligence to protect us from global terrorism?



Governance
 

              
Chief Executive Officer:
Ms. Susan L. Birnbaum , President and CEO
Compensation*:
$181,170
Chair of the Board:
Mr. H. Dale Hemmerdinger
Chair's Profession / Business Affiliation:
President
Board Size:
32
Paid Staff Size:
8



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




Fund Raising
 

              
Method(s) Used:


Direct mail appeals, invitations to fund raising events, grant proposals
Fund raising costs were 6.1% of related contributions. (Related contributions, which totaled $6,690,328, 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.




Financial
 

              
The following information was based on New York City Police Foundation Audited Financial Statements for the fiscal year ended June 30,2013.

Source of Funds  

Contributions

$5,326,421

Net Revenue from Annual Benefit

1,990,515

NYPD Licensing and other Revenue

453,167

Interest and Dividend Income

76,043

Net Realized and Unrealized Gain (loss) on Investments

(63,759)

Trusts

(626,608)

Total Income

$7,155,779

Program Expenses  

Law Enforcement

$6,736,329

NYPD Professional Development and Well-being

2,890,978

Community Understanding and Support

347,095
Total Program Expenses:
Fund Raising Expenses
Administrative Expenses

Total expenses

Expenses in Excess of Income

9,974,402
406,617
868,195

$11,249,214

$(4,093,435)




Uses of Funds as a % of Total Expenses


Programs: 89%  Fund Raising: 4%  Administrative 8% 
Roll the cursor over the pie chart to see the dollar amounts.


Beginning net assets $14,368,021
Ending net assets 10,274,586
Total liabilities 493,632

Total assets

$10,768,218






 

A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

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