FDNY Foundation
Meets Standards
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
FDNY Foundation meets the 20 Standards for Charity Accountability.
Stated Purpose:
The FDNY Foundation is the official 501 c(3) nonprofit organization of the New York City Fire Department, providing funding for programs that advance the New York City Fire Department’s goals, which include maintaining operational excellence, reaching out to the community with an array of fire and health safety programs, and increasing diversity within the Department’s uniformed ranks.
The Foundation works with the philanthropic community to generate tax-exempt contributions and grants that benefit all New Yorkers by keeping the FDNY strong and responsive to the community it serves. Established in 1980, the Foundation is flexible and responsive to evolving Department needs. The FDNY Foundation Board is comprised of business and civic leaders who collaborate with the Fire Commissioner and senior Chiefs to establish priorities and develop programs that enhance safety, engage the community, and ultimately ensure that the FDNY remains the world’s leader in emergency response.
Year, State Incorporated:
1981, NY
Fire and EMS Operational Excellence:
Foundation funding provides responders with resources needed to address the
complexities of 21st century response such as advanced tools,
equipment and response vehicles, state-of-the art training,
graduate-level management education for senior chiefs and college scholarships.
Fire Safety Education and Prevention: The
Foundation collaborates with the FDNY to reach deep into all corners of the
City to deliver fire prevention programs and smoke alarm installations for our
most vulnerable populations including schoolchildren, the elderly, the poor and
immigrants. These efforts have had a substantial impact on fire safety, with
fewer New Yorkers dying in fires than at any time in the history of the
Department.
Community Outreach Programs: The FDNY
Youth Workforce Development Program introduces a new, diverse generation of
young people to the FDNY and trains them to join the Department. The Foundation
also funds free, hands-on CPR training for the public and a physical training
program for female firefighter candidates.
For the year ended June 30, 2022, FDNY Foundation's program expenses were:
| Programs | $9,961,011 |
| Total Program Expenses | $9,961,011 |
Chief Executive
Jean O'Shea, Executive Director
Compensation*
$238,977
Chair's Profession / Business Affiliation
Not disclosed
Board Size
18
Paid Staff Size
5
* Compensation includes annual salary and, if applicable, benefit plans, expense accounts and other allowances.
Method(s) Used:
Direct mail appeals, Telephone appeals, Invitations to fund raising events, Television, Grant proposals, Internet, Appeals via Social Media (Facebook, etc.)
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.
The following information is based on FDNY Foundation's audited financial statements for the year ended June 30, 2022.
Source of Funds
| Contributions and Private Grants | $3,496,899 |
| Special Events | $3,210,844 |
| In-Kind Contributions | $2,450,027 |
| Government Grants | $1,098,721 |
| Merchandise Sales | $1,005,353 |
| Other | $294,694 |
| Interest and Dividends | $226,578 |
| Licensing Royalties and Commissions | $138,273 |
| Publications | $89,333 |
| Document Control Unit Processing | $74,307 |
| Rental Income | $6,000 |
| Net Realized and Unrealized Loss on Investments | $-1,684,604 |
| Total Income | $10,406,425 |
Programs: 95% Fundraising: 3% Administrative: 2%
| Total Income | $10,406,425 |
| Total expenses: | $10,534,606 |
| Program expenses | $9,961,011 |
| Fundraising expenses | $341,092 |
| Administrative expenses | $232,503 |
| Other expenses | $0 |
| Income in Excess of Expenses | $-128,181 |
| Beginning Net Assets | $23,526,815 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $23,398,634 |
| Total Liabilities | $1,742,485 |
| Total Assets | $25,141,119 |
An organization may change its practices at any time without notice. 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. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.
This report is not to be used for fundraising or promotional purposes.
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Review in Progress
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Report completed by:
BBB Foundation of Metropolitan New York