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New York Life Foundation Guidelines*
Areas of Interest
Proposals must fall within the Foundation’s Nurturing the Children focus, which includes educational enhancement, mentoring children, creating safe places to learn and grow and childhood bereavement. Preference is given to requests that provide an opportunity for volunteer involvement on the part of New York Life agents, employees and retirees.
Grants are made only to private, nonprofit organizations, which have tax-exempt status under Section 501(c)(3) of the Internal Revenue Code, and which are not private foundations. The Foundation does not make grants to individuals or government agencies.
Excluded Organizations and Areas:
- organizations or activities whose services are limited to members of one religious or sectarian group
- fraternal, social, professional, athletic or veterans’ organizations
- seminars, conferences, trips
- endowments, memorials or capital campaigns
- fundraising events, telethons, races or other benefits
- goodwill advertising
- basic or applied research
- organizations that discriminate on the basis of race, color, creed, gender or national origin
Since the Foundation receives many more requests for support than it has funds available to contribute, we must focus our grants within carefully defined guidelines. Therefore, a decision not to support a particular organization or project should not be considered a reflection of its merits.
The Foundation funds local projects in New York City and Westchester County, New York, and considers projects serving multiple cities implemented by national organizations. Cities are chosen based on New York Life's target markets.
Review and Evaluation
All requests are screened, researched and evaluated by the Foundation’s staff to determine general eligibility, conformity to grant guidelines and relationship to current Foundation programs and priorities.
If, after our initial screening, the Foundation is interested in a proposal, we will contact the applicant for additional information, further discussion, and a site visit. The Foundation’s Board of Directors makes the final decisions on funding requests.
If a grant is made, the grantee must keep the Foundation informed and updated on its activities throughout the grant cycle by providing progress reports. Reporting requirements will be outlined in the Foundation’s award letter.
Proposals from organizations are accepted and reviewed on a continuous basis during the calendar year. All requests must be submitted online.
For additional information contact the Foundation.
Phone: (212) 576-7341
*Guidelines for volunteer grants vary.