CAN I NAME A RESTRICTED FUND?
A donor may use his/her own name or that
of a loved one or colleague. A firm, law
office, business or other organization may
use its own name. The name of the restricted
fund will appear in Foundation publications
such as the Annual Report. You can also
choose a name that is representative of
the types of programs you want to support.
THERE A MINIMUM GIFT VALUE REQUIREMENT TO
The minimum required gift value to establish
a restricted fund is $10,000. There is no
cap on the maximum value in a fund.
OTHER PEOPLE CONTRIBUTE TO THE FUND I ESTABLISH?
Yes, if you select the option to allow it.
IS IT POSSIBLE FOR
ME TO ESTABLISH A RESTRICTED FUND THROUGH
Yes, you can leave
a bequest to establish a restricted fund
through your will with instructions as to
the name and purpose of the fund.
KIND OF ASSETS CAN I CONTRIBUTE?
Assets accepted by The Foundation include
cash, securities traded on major exchanges,
closely held stock, bonds, mutual fund shares,
real estate (including farm land), life
insurance policies and interests in limited
MY CONTRIBUTIONS TAX DEDUCTIBLE?
The New York Bar Foundation is a not-for-profit
organization pursuant to the Internal Revenue
Code, Section 501(c)(3). Gifts to The Foundation
are considered charitable contributions
and are tax deductible, as allowed by law.
ARE THE FUNDS INVESTED?
The Foundation’s Board of Directors
is responsible for overseeing the investments
of The Foundation’s portfolio by professional
investment managers. The investment strategy
is to obtain prudent growth of the capital
while still producing income.
I GET A REFUND OF A CONTRIBUTION MADE TO
All contributions represent an irrevocable
charitable contribution to The New York
Bar Foundation and are not refundable.
YOU HAVE A GRANT APPLICATION DEADLINE?
Yes, the deadline is OCTOBER
1 of each year.
IS THERE A RANGE OF
VALUE FOR A GRANT?
There is no specific range of value for
a grant, however, the average grant is approximately
$5,000 to $10,000 with very few grants
DOES MY ORGANIZATION APPLY FOR A GRANT FROM
THE NEW YORK BAR FOUNDATION?
You may apply for a grant by either of the
following two ways:
Prepare your application electronically
by using the “Apply for a Grant”
feature on the home page of the web site.
1. E-mail your application
and all other requested materials to email@example.com or
2. Print out your completed
grant application and submit by mail.
DO I SEND IT IF I WANT TO MAIL A HARD COPY
OF A GRANT APPLICATION?
Our mailing address is:
THE NEW YORK BAR FOUNDATION
ONE ELK STREET
ALBANY, NY 12207
I SUBMIT A GRANT APPLICATION BY E-MAIL SHOULD
I ALSO SEND A HARD COPY?
No, it is not necessary to submit a hard
copy of the grant application if sending
LONG DOES IT TAKE TO LEARN IF OUR ORGANIZATION
WILL RECEIVE A GRANT?
Applicants will be notified in February of the following year for applications submitted by October 1.
DOES YOUR BOARD OF DIRECTORS MEET TO REVIEW
The Board reviews grant applications at the end of January for those submitted on or before October 1.
THERE RESTRICTIONS ON GRANT APPLICATIONS?
Yes, in order to be considered, your grant
application must relate to one or more of
the following four areas:
1. Facilitating the Delivery
of Legal Services
2. Improving the Justice
System and the Law
3. Increasing Public Understanding
of the Law
4. Enhancing Professional
Competence and Ethics
RECEIVES GRANTS FROM THE NEW YORK BAR FOUNDATION?
Only law-related programs in New York State
can propose and receive a grant. Past recipients
include legal services programs, nonprofit
organizations and bar associations.