ANNUAL REPORT

	Table of Contents
	Mission Statement
	Message From the Chairman
	Education
	Philanthropy
	Research and Analysis
	Contribution Guidelines
	Foundation events
	Financial Statement
	Officers

Education

Supporting the development of the next generation of industry leaders is a primary goal of the New York Building Foundation. This goal is accomplished in several ways. The Foundation’s Hennessy Fund provides opportunities and funding for professional fellowships and student internships within the design, construction and real estate industry. The Building Foundation also sponsors several annual scholarships through the ACE Mentor Program and other organizations, supports the educational training activities of the Salvadori Center, and provides funding to vocational training organizations such as Nontraditional Employment for Women, and vision schools such as the Urban Assembly School of Design and Construction.

The ACE Mentor Program’s mission is to enlighten and increase the awareness of high school students to career opportunities in architecture, construction and engineering and related areas of the design and construction industry through mentoring; and to provide scholarship opportunities for students in an inclusive manner reflective of the diverse school population. ACE is a unique partnership among industry professionals who work together to attract young people to their fields by volunteering to become mentors to high school students. In return, the industry gets a much-needed boost of new talent.

The Salvadori Center is committed to improving children’s problem-solving skills by using project-based learning focused on the built environment. This goal is achieved by providing tailored professional development to teachers as well as direct instruction to children of all ages. The teaching staff features experienced architects and engineers who share their passion for New York’s urban landscape in ways that inspire young learners.

Nontraditional Employment for Women (NEW) is a nonprofit organization that trains women for skilled jobs in construction and other blue-collar industries. Most of the female hardhats at work today in New York City are NEW graduates. The organization’s pre-apprenticeship training programs lead graduates to union jobs that offer substantial benefit packages and the opportunity for further education. NEW provides opportunities for women to achieve economic
self-sufficiency through employment in nontraditional work. The Foundation’s contributions endow a scholarship to support educational opportunities for NEW participants.

The Urban Assembly School of Design and Construction enriches its challenging academic program with the active involvement of architecture and design professionals and partnerships with cultural institutions and universities. The School takes advantage of its New York City location to expose students to architectural landmarks and building sites. Students leave not only prepared to succeed in college but appreciating and understanding their built environment.