NEW YORK – A major source of funding for nonprofit groups in New York City is succeeding at helping marginalized communities, according to a new report.
The New York Community Trust, the third largest of its kind in the nation, distributes about $55 million a year to organizations large and small. Overall, said Lisa Ranghelli, co-author of a report from the National Committee for Responsive Philanthropy, the Trust is doing a great job.
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