CCNSF FY2020 Press Release
NYC Council Funds 6th Annual Communities of Color Nonprofit Stabilization Fund
68 Nonprofits Received Capacity Building Support
FOR IMMEDIATE RELEASE Monday, March 9th, 2020
March 9, 2020—New York: For the sixth consecutive year, the New York City Council has announced its support and commitment to investing in nonprofits through the Communities of Color Nonprofit Stabilization Fund (CCNSF). CCNSF, the first fund of its kind in New York City, was adopted in Fiscal Year 2015 to grant New York City-based nonprofits the support needed to increase capacity-building for emerging and seasoned social services organizations.
This year, 68 community-based organizations (CBOs) throughout New York City will receive transformative grants to support and create critical functions, and provide economic stimuli and capacity-building support to emerging and seasoned social services organizations. These CBOs offer an array of services to New Yorkers and are being funded to address a variety of infrastructural needs including leadership development, financial management, and outcomes system development, among others.
The coordinating organizations – Coalition for Asian American Children and Families, Hispanic Federation, New York Urban League, and Asian American Federation – have been critical in leveraging dedicated nonprofit funds from the City Council. To date, $11.25 million has been committed to CCNSF, which addresses the need for capacity-building funding for nonprofit organizations in communities of color. The monies have had a considerable impact on the sustainability, growth, and prosperity of many organizations providing crucial services to the most vulnerable communities in New York City. CCNSF was championed by NYC Council Speaker Corey Johnson and has broad support among Council Members, including the Black, Latino/a, and Asian Caucus. Oversight of the funding is provided by the New York City Department of Youth and Community Development (DYCD).
In addition to granting these capacity-building awards, the coordinating organizations will conduct many trainings covering a variety of topics such as board development, financial management, and fundraising, offered to awardees and applicants.
“The Communities of Color Nonprofit Stabilization Fund (CCNSF) is now in its sixth year of funding. CCNSF’s investment in Asian Pacific American (APA)-led and -serving organizations builds the critical capacity to strengthen our communities to help those in need. APA communities are vibrant and strong economic zones of development that provide employment to many New Yorkers, including those who experience linguistic isolation. However, our communities are not without need. Almost 80% of APAs in New York City are immigrants and endure multiple barriers in accessing health and social services. Oftentimes, APA organizations are their only lifeline in receiving access to resources in their language,” said Vanessa Leung and Anita Gundanna, Co-Executive Directors, Coalition for Asian American Children and Families. “We thank Speaker Corey Johnson and the support of New York City Council for investing in the organizations that provide the most impactful services to address our growing and dynamic communities.”
“The Communities of Color Nonprofit Stabilization Fund provides critical funds for nonprofits that serve our most vulnerable populations, making essential services available to enhance these individuals’ quality of life. We hope that CCNSF will continue to be a priority in New York City, revitalizing the vast nonprofit network serving millions of New Yorkers each day. Congratulations to the deserving nonprofits who were awarded grants this year. They are making our communities stronger, and we are proud to be their partner,” said Frankie Miranda, President of the Hispanic Federation.
“NYUL is pleased to continue our partnership with the Hispanic Federation, Asian American Federation, and Coalition for Asian American Children and Families to better serve New York City neighborhoods. The financial support in core areas of nonprofit management, peer connection, and networking has greatly strengthened selected organizations. For six years, this program has made measurable impacts in our city's valuable nonprofits and, in turn, has improved the lives of New Yorkers throughout the City,” said Arva Rice, Executive Director of the New York Urban League.
Jo-Ann Yoo, Executive Director of the Asian American Federation, said, “The City Council’s continued investment in the Communities of Color Nonprofit Stabilization Fund shows that our city’s leaders understand the incredible importance of organizations led by leaders of color that are serving communities of color. Our ability to support and build the capacity of nonprofit organizations in our communities is vitally needed in today’s climate; through CCNSF, we ensure that they are better equipped to provide critical services to our city’s most vulnerable populations.”
“Volunteering with a grassroots organization in Chinatown helped launch my career in public service, so I know firsthand the importance of providing these nonprofits with leadership development, capacity-building, and other supports. Congratulations to the community-based organizations whose grants from the Communities of Color Nonprofit Stabilization Fund will help ensure that critical services and programs reach even more New Yorkers,” said DYCD Commissioner Bill Chong.
