NEW YORK, NY — May 29, 2025 — Robin Hood, New York City’s largest local poverty-fighting philanthropy, announced a 40% increase in grantmaking during the first half of 2025 compared to the same period in 2024. The organization awarded $49 million in grants to 114 local nonprofits across all five boroughs – up from $35 million during the first two quarters of the last year. These investments aim to stabilize households living in poverty and promote economic mobility for lower-income New Yorkers amid rising poverty levels, a deepening affordability crisis, a destabilized funding environment for human service nonprofits, and mounting threats to vital federal safety net programs such as SNAP, Medicaid, and housing assistance.
May 29, 2025
During the First Half of 2025, Robin Hood Increases Overall Grantmaking by 40%
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