Crains New York - December 10, 2012 - (Page 16)
THE LIST
NY Area’s Largest Nonprofits
Ranked by 2012 total operating expenses MOST GENEROUS NEW YORKERS OF 2011
Current and former New Yorkers who donated big bucks last year. 1. PAUL ALLEN Co-founder, Microsoft
COMING IN TWO WEEKS: The 2013 Book of Lists
L
THE SCOOP
ocal nonprofits are increasingly asked to do more with less. As more people require their services,many organizations are forced to expand their programs as their own resources start to dry up. Though income stayed about flat at the area’s top 25 nonprofits, operating expenses increased 2% from 2011 to 2012, according to Crain’s research. That’s on top of a 5.9% increase from 2010 to 2011. Seventeen showed growth in operating expenses this year, compared with 14 last year, indicating that more nonprofits are expanding, though at a slower pace. “There’s only so much money,” said Michael Niekamp, assistant controller at the Leukemia & Lymphoma Society,which ranked No.6 on Crain’s list, with operating revenue of $311.2 million, and reported a small drop in private support, its sole source of income. “But everybody gets a little bit.” Private support for top nonprofits was flat, compared with a year earlier. Even so, many that rely primarily on donations are finding ways to expand. The International Rescue Committee receives 62.9% of its funding from private support. It ranked No. 2 on Crain’s list with $394.7 million in operating expenses,up 3% from 2011.These expenses include new programs to help the underprivileged in Mali and Syrian refugees in Jordan and Iraq.“We have a long tradition of depending on loyal supporters,” said President George Rupp, who said donations to his organization are about on par with last year, thanks primarily to a large number of small individual contributions. But others that rely mostly on government funding,like the Children’s Aid Society (No. 25), are less certain about what lies ahead. The organization receives 58% of its funding from government:70% of which comes from the city, 24% from the state and 6% from the feds. It narrowly avoided trouble when the city threatened to cut $170 million in funding for early-childhood and after-school programs from its budget. Most of the money was ultimately restored by other city funding. But this summer, the same dollars will be on the chopping block. “We don’t know if thousands of New York City kids will have day-care or after-school programs,” said President and Chief Executive Richard Buery Jr. “That’s not acceptable.” —emily laermer
$372.6M
6. LAWRENCE ELLISON Founder, Oracle
$59.2M
7. GUSTAVE AND RITA HAUSER Co-founders, the Hauser Center for Nonprofit Organizations
2. GEORGE SOROS Chairman, Soros Fund Management
$335M
3. MICHAEL BLOOMBERG Mayor, New York City
$40M
$311.3M
4. H.F. (GERRY) AND MARGUERITE LENFEST Co-founders, the Lenfest Foundation
8. BARBARA DODD ANDERSON Investor, Berkshire Hathaway
$35.2M*
9. JORGE PÉREZ Founder, Related Group
$75M
* Bequest
$30M
10. JON STRYKER Heir, Stryker Corp.
$66.2M
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$30M
Source: The Chronicle of Philanthropy
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16 | Crain’s New York Business | December 10, 2012
Table of Contents for the Digital Edition of Crains New York - December 10, 2012
THE INSIDER
IN THE BOROUGHS
IN THE MARKETS
SMALL BUSINESS
BUSINESS PEOPLE
OPINION
GREG DAVID
REAL ESTATE DEALS
REPORT: PHILANTHROPY
THE LIST
CLASSIFIEDS
FOR THE RECORD
NEW YORK, NEW YORK
SOURCE LUNCH
OUT AND ABOUT
SNAPS
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