Overview

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Est.

1988

Fiscal Year Start

Jul 1

Organization Type

Grantmaker

AI Summary

The New York City Business Assistance Corporation is a 501(c)(3) organization that focuses on grantmaking within New York City. In 2023, it awarded a total of $323.8K across 22 grantees, operating on a relationship-based, invitation-only engagement model. This funder does not accept unsolicited proposals; nonprofits interested in potential funding can explore warm-introduction pathways through Impala's Funder Prospecting.

Mission Statement

To reduce unemployment, promote and provide for additional and maximum employment in NYC, encourage the development and/or retention of businesses in NYC; instruct or train individuals to improve and develop their capabilities for jobs in business and encourage economic devt.
Total Funding Given
$323.8K
2023
Grantees funded
22
Multi-year grantees
50%
Funding by Year
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Evaluate your own portfolio
Understand the health of your own grantees and uncover signs of risk.
Total No. of Grants
2
Median 1st year grant
$57.9K
Median 2nd year grant
$34.6K
A
Anthony Dellolio
Board Member
M
Michael Forte
Board Member
N
Narda Amarilla
Board Member

Frequently Asked Questions

Can I submit an unsolicited grant proposal to NEW YORK CITY BUSINESS ASSISTANCE CORPORATION?
No. NEW YORK CITY BUSINESS ASSISTANCE CORPORATION does not accept unsolicited proposals. Funding is by invitation only.
Where does NEW YORK CITY BUSINESS ASSISTANCE CORPORATION give?
NEW YORK CITY BUSINESS ASSISTANCE CORPORATION primarily gives to organizations located in New York. These states represent the largest share of the foundation’s grantmaking by dollars awarded. Additional geographic details are available to registered users.
What size are NEW YORK CITY BUSINESS ASSISTANCE CORPORATION’s grants?
The largest share of grants from NEW YORK CITY BUSINESS ASSISTANCE CORPORATION fall in the above $10 million range. The median first-year grant is about $58 thousand. More detailed grant size data is available to registered users.
How many grants does NEW YORK CITY BUSINESS ASSISTANCE CORPORATION make each year?
In 2023, NEW YORK CITY BUSINESS ASSISTANCE CORPORATION awarded about 2 grants, totaling nearly $324 thousand. More detailed grant metrics are available to registered users.
Who did NEW YORK CITY BUSINESS ASSISTANCE CORPORATION fund recently?
In 2025, NEW YORK CITY BUSINESS ASSISTANCE CORPORATION awarded grants to about 20 grantees. Recent grantees include Workforce Development Corporation, Rockaway Business Alliance Inc, and NO LONGER EMPTY INC. More detailed information on all recent recipients is available to registered users.
How do we apply to NEW YORK CITY BUSINESS ASSISTANCE CORPORATION?
NEW YORK CITY BUSINESS ASSISTANCE CORPORATION does not accept unsolicited proposals. Funding is by invitation only.