Annual Report 2007

New York Building Foundation

Formed in 1998 to promote the long-term growth and well-being of the industry through a program of research, educational and philanthropic activities, the New York Building Foundation has expanded its impact on the industry by adding to its Board of Governors, seeking new philanthropic activities, increasing its scholarship awards and research support, as well as broadening fundraising activities.

It is our duty as an industry, especially during this time of prosperity and growth,to give back to the City, as well as cultivate and inspire the next generation of building community leaders. Richard L.Tomasetti Chairman of the Board of Governors and Chairman, Thornton Tomasetti,Inc.

Now led by Chairman Richard L. Tomasetti, the Building Foundation recently approved an additional contribution of $35,000 to the World Trade Center Memorial Foundation, bringing the total contribution from the Building Foundation and the Building Congress to $100,000.

In seeking to better serve the industry and contribute to public debate on issues concerning design and construction, as well as the City’s economic future, the Building Foundation has made research and analysis a major part of its efforts. Sponsored together with the Building Congress, this research includes reports on New York City construction activity, infrastructure and development strategies, and industry
demographics.

New York Building Congress Chairman Dominick M. Servedio, Past Building Foundation Chairman John F. Hennessy III, current Foundation Chairman Richard L.Tomasetti, and Building Congress and Building Foundation President, Richard T. Andersion, at the 2006 Foundation benefit which featured a performance of A Chorus Line.