“In philanthropy, scale is often talked about in millions of dollars. But the reality is that some of the most transformative projects in New York City start with much less.”
“Philanthropy can be a linchpin, capable of bringing together the public sector’s authority and agenda-setting power and the private sector’s financial resources and dynamism. This was the clear lesson learned…
The projects supported by a new philanthropic fund composed of major foundations and big financial players don’t look shiny, new or glamorously innovative. They do, however, appear to work.
Neither Joe Lhota nor Bill de Blasio will write the kind of personal checks that Mayor Bloomberg did. But that doesn’t mean they can afford to ignore this important sector.
Elected after one of the city’s most secretive mayors, Mike Bloomberg can’t help but look transparent. But is city government under this executive really an open book?