New York Life Foundation

Location: 51 Madison Ave, New York, 10010 NY

EIN: 13-2989476

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What was the overall relationship with the funder?

How many hours did the grant application process take?

10 hours

Median

17%

83%

How would you rate this funder's accessibility?

33%

67%

How successfully do you think the funder is accomplishing its current philanthropic goals?

Important Information

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Top descriptors for this funder

2Culturally incompetent2Doesn't "get" nonprofits and issues2Inadvertently exerts negative influence in the field2Risk averse1Bureaucratic1Difficult to work with

Advice from a Friend

New York Life Foundation

Jan 03, 2023

Grant Applicant - applied in 2020

The Aim High opportunity is a cumbersome application and you won't receive any feedback. The New York Life Foundation outsources the process to the Afterschool Alliance, which seems to perpetuate the bad practice of making eligibility so wide that lots can apply, but then making very few awards. Thousands of collective hours lost. They have a detailed scoring rubric but don't give you access to the results to know where you lost points.

Cons

Inadvertently exerts negative influence in the field

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Dec 05, 2022

Reviewer 6611 - Grant Applicant - applied in 2021

Leave yourself plenty of time for this one -- the gantt chart is a huge pain in the neck. Also consider if the funding is worth the amount of post-grant requirements, which include regular small group cohorts and regular reporting.

Cons

Inadvertently exerts negative influence in the field, Doesn't "get" nonprofits and issues, Difficult to work with, Culturally incompetent, Bureaucratic, Risk averse

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Oct 18, 2021

Grant Applicant - applied in 2021

Application is pretty onerous: requires Gannt chart, their budget template, and if funded, requires ongoing monthly participation in their capacity building small groups and detailed grant reports every 6 months.

Cons

Doesn't "get" nonprofits and issues, Culturally incompetent, Risk averse

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New York Life Foundation