In a nutshell: New York Life Foundation, founded in 1979 is the charitable arm of the New York Life Insurance Company founded in 1845. To date, the foundation has provided over $200 million to local and national nonprofit organizations.
Their primary focus is to provide services to disadvantaged young people. The two main areas are educational enhancement and childhood bereavement.
In 2015, the foundation awarded $1 million to Virtual Enterprises International (VEI) to create business leaders and entrepreneurs by piloting a VE Junior Ventures (VE-JV) Career Academy for middle school students.
In 2015, the foundation awarded $2 million to 4-H Juntos Program Expansion to help more Hispanic youth make successful transitions to high school.
Heather Nesle is the President of New York Life Foundation and Vice President of Corporate Responsibility.
The Foundation has three major areas of giving:
- Educational Enhancement
- Childhood Bereavement
- Community Impact Grants
- Volunteers for Good
- Giving Campaign
- Matching GIfts
- Disaster Relief Grants
- Volunteers for Good Programs
- Individual Team Grants
- Month of Service
- Season of Giving
How to apply: The foundation is no longer accepting unsolicited applications for grants. Currently their policy is invitation only. Proposals must fall within the focus of educational enhancement and childhood bereavement. The foundation funds local projects in New York City and Westchester County, NY and considers projects serving multiple cities implemented by national organizations.