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New Philanthropy Center, Fund for 2025 Respond to Funders’ Needs

October 23, 2014

Headshot_michael_remaleyPhilanthropy 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.

As we start to plan for the move, I can't help but think it's another example of past-as-prologue.  In 2004 – a time when PNY occupied a small office with a windowless conference room and offered much more limited programming hosted at the offices of our member organizations – we faced the end of our lease and took a leap of faith, sub-letting more space in a Flatiron District building from the Foundation Center. Before that move, we typically produced fewer than a hundred meetings a year.  After the move, with a lean staff and better facilities, we typically produced a hundred and forty to a hundred and seventy programs a year. Having more-than-adequate, dedicated meeting space has made a huge difference in our capacity to be a convening organization and a center for cross-sectoral activities.

Now it's time to move again. Even as more and more information is disseminated electronically, we have considerable anecdotal evidence from our members, other affinity groups, and foundations across the country that there is a need for a central meeting hub for the philanthropic community in New York City. With that in mind, we envision a facility that is roughly the size of our current space but has smaller offices for staff; larger, more flexible meeting spaces; and technology options that enable us to grow the digital audience for certain types of PNY programs. The new center also will allow us to provide our members with opportunities to host their own convenings in state-of-the-art facilities. 

We recognize and appreciate the fact that the field of philanthropy has entered a new era of increased visibility and greater expectations. With the Fund for 2025 and our new center in Times Square, Philanthropy New York is positioning itself it to meet the philanthropic community's needs for years to come.

Michael Remaley is senior vice president of communications and public policy at Philanthropy New York.

 

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