New York Community Trust
“Rapid Response Grantmaking”
New data is showing up daily. Delaware is one of two states who had an increase in poverty rate (primarily downstate), but the grant cycles are complete. How do we respond? The New York Community Trust has created a philanthropic model that combines their traditional grantmaking with a portion to respond as information is received.
About the New York Community Trusts Work.
There’s no single way to approach complex challenges such as homelessness, childhood development, or criminal justice reform. It requires a mix of advocacy, innovation, leadership, and research, to name a few strategies. The rise of rapid-response grantmaking has been fascinating to watch, especially since foundations have long been criticized for being slow to act. But emergency-driven strategies aren’t sustainable for the long-term, and funders need to find that delicate balance between being responsive and sticking with core priorities. NYCT seems to be doing a great job in this regard.