Grand St. Settlement is all about opportunity. Over the last century, we have helped hundreds of thousands of New York families, delivering high-quality pre-Kindergarten, afterschool, summer camp, job training, housing, and senior services across the Lower East Side and Brooklyn.
Today, the people we serve confront rising barriers to achievement that threaten to broaden the gap between the rich and the poor, a gap that opportunity can help fill.
The Second Century Campaign creates that opportunity. We are happy to announce that Grand St. Settlement is offering a nonprofit “IPO” to modernize our community center at 80 Pitt St. and improve opportunities for low-income New Yorkers. Up to 75,000 fundraising “shares” have been made available at just $80 each.
With your purchase of just 14 shares, we will be able to serve an additional family of 4 for the next 40 years.
Initial investors and government funders have already done much of the groundwork, and over two-thirds of the $15 million for the Second Century Campaign have already been raised. We now invite you to invest in our nonprofit IPO, the first of its kind in New York City.
We’ve adopted an investment mindset in our work to help New Yorkers step out of poverty and into opportunity. This nonprofit IPO – a unique form of charitable giving – gives you the opportunity to invest in our community.
Please join us.
The modernization of 80 Pitt St. will cost $15 million total. City and state governments have already funded $9 million of the project to cover the costs of renovating building systems, including the heating, air conditioning, sprinklers, and roof. This nonprofit IPO will fund the remaining $6 million of the project, which will be used to improve our program spaces and increase the depth of our services. Thanks to the generosity of our lead donors, we have raised $4.4 million of the $6 million to complete the project. In total, we are only 10% away from our goal.
* All funds raised during the Second Century Campaign “Immediate Public Opportunity” are tax-deductible and will be used to renovate and modernize Grand St. Settlement’s community center at 80 Pitt St. in New York, NY. Shareholders do not actually own stock or shares in the nonprofit public charity “Grand Street Settlement, Inc.” or any of its assets. These IPO shares offer shareholders the opportunity to make a charitable gift and “take stock in their community.”