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8/26/09 - The Trust's investment in the City's nonprofit sector is praised on Huffington Post

The Trusts work to strengthen the City's nonprofit sector is praised in this Huffington Post article, "Benefits of Working at a Nonprofit." An excerpt is below:

Benefits of Working at a Nonprofit

By Fran Barrett, Founder of Community Resource Exchange
Posted: August 26, 2009 05:18 PM

". . . The sophisticated and effective service delivery network that exists in New York City is the result of millions of dollars of investment by New York's philanthropists and government. Hundreds of New York's best leaders have spent hours in planning and piloting needed services. New York may have the strongest social network in the country. That did not happen by accident. We are city that cares about its citizens, and we have been purposeful about building a full scale social service delivery network.

Mayor Bloomberg has recognized the importance of the nonprofit sector, by creating a city policy focused on strengthening and assisting nonprofits. The New York Community Trust has stepped up to invest in the network, giving a series of extraordinary grants to allow "lifeline" nonprofit services to continue. The Mayor and the New York Community Trust recognize that this is a time of great need. The unemployment rate in New York City is 9.6% with just about 100% "feeling the pressure." It's bad enough that revenues are down, but loss of health benefits for this hard working work force, is simply unthinkable. The Health Care reform package should include credits to "all small employers," not just small businesses. . ."

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