Overview

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Est.

2010

Fiscal Year Start

Jul 1

Organization Type

Grantseeker

AI Summary

The Governors Island Corporation, a nonprofit organization established by the City of New York, focuses on wildlife biodiversity and the redevelopment of 150 acres of Governors Island. With an operating budget of $57.5 million and total revenue of $66.1 million for the 2024 filing year, the Trust aims to enhance public space for the enjoyment of all New Yorkers. The organization does not rely on a single funder for 50% or more of its revenue. For more information, visit www.govisland.org.

Mission Statement

THE TRUST FOR GOVERNORS ISLAND (THE "TRUST OR "TGI") IS A NONPROFIT CORPORATION CREATED BY THE CITY OF NEW YORK CHARGED WITH THE PLANNING, REDEVELOPMENT AND ONGOING OPERATIONS OF 150 ACRES OF GOVERNORS ISLAND. THE TRUST'S MISSION IS TO REALIZE THE FULL POTENTIAL OF GOVERNORS ISLAND FOR THE INSPIRATION AND ENJOYMENT OF ALL NEW YORKERS, DEMONSTRATING A BOLD VISION FOR PUBLIC SPACE.
Revenues
$66.1M
Expenses
$57.5M
Net Income:
+$8.6M
Assets
$385.9M
Liabilities
$53.3M
Net Assets:
+$332.7M
Operating Budget
$57.5M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
5
Median grant size
$15K
Largest grant received
$1.1M
C
Clare Newman
Board Member
W
Willa Padgett
Board Member
A
Alice Blank
Board Member

Frequently Asked Questions

What is GOVERNORS ISLAND CORPORATION’s budget?
In 2024, GOVERNORS ISLAND CORPORATION reported an annual operating budget of around $57.5 million. More detailed financial information is available to registered users.
What causes does GOVERNORS ISLAND CORPORATION support?
GOVERNORS ISLAND CORPORATION supports work in Wildlife biodiversity.
Where does GOVERNORS ISLAND CORPORATION operate?
GOVERNORS ISLAND CORPORATION is headquartered in NEW YORK, NY.
Who funded GOVERNORS ISLAND CORPORATION recently?
In 2024, GOVERNORS ISLAND CORPORATION received grants from GOVERNORS ISLAND ALLIANCE, FIDELITY INVESTMENTS CHARITABLE GIFT FUND, and THE HOWARD GILMAN FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant GOVERNORS ISLAND CORPORATION received in 2024?
The largest grant to GOVERNORS ISLAND CORPORATION in 2024 exceeds $1.1 million.
What is GOVERNORS ISLAND CORPORATION’s reliance on government grants?
GOVERNORS ISLAND CORPORATION relied on government grants for more than 80% of their total revenue in 2024.