212-674-1740 (ext. 3116)
Second Century Campaign

is an immediate public opportunity to improve the lives of low-income New Yorkers.

Download the IPO Prospectus

Dear Friends, Investors, & People Who Care About New York City...

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.

With gratitude,

Andrew G. Celli, Esq.
Campaign Chair
Robert Cordero, MSW
Executive Director

Offerings Summary

Issuer
Grand St. Settlement, Inc.
Shares Offered *
75,000
Share Price
$80
Goal
$6 million
Use of Proceeds
Renovation of our community center at 80 Pitt St. in the Lower East Side to modernize and update the building, improve the depth of our programs, and expand our impact by 30%
Thanks to a $9 million investment from the city and state, all building repairs and maintenance have already been funded. The remaining $6 million in Second Century Campaign funds will be used to expand our program spaces and increase our impact.

Nonprofit IPO

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 $3 million of the $6 million to complete the project. In total, we are only 20% away from our goal.

Your Return On Investment

11,000

More meals served every year

6

New early childhood classrooms

75

More youth in stem programs

Our Plans Include

  1. Renovated Gym
    Can be used for sports and wellness and as a multipurpose room for food service and group activities
  2. Modern Classrooms
    For English-as-a-second-language instruction, crafts, arts and creativity, and computer labs
  3. Modern Senior Center
    For senior meals, senior clubs, health and wellness
  4. Renovated Kitchen
    With a teaching function that will provide healthy meals to our pre-Kindergartners and seniors while providing nutrition education
  5. Early Childhood Center
    An expansion from four to six classrooms of early childhood space to prepare our youngest children, including those with special needs, for a successful transition
  1. Technology Clubhouse
    Already a mainstay of our youth programs, our renewed Clubhouse will offer Science, Technology, Engineering, and Math (STEM) initiatives in a modern, attractive space
  2. Dance Room
    Innovative space which will allow for mixed generations to exercise, learn, and play together
  3. Project Speak Out Loud (PSOL)
    Offers a safe and welcoming space for LGBTQ youth, the only such drop-in center on the Lower East Side
30%
increase in
program space
Youth Drop-In Center
Early Childhood Center Entrance
Early Childhood Center Entrance
Intergenerational Commons

Investor Benefits

  • Annual shareholder reports documenting the renovation and its impacts
  • Invitations to annual shareholder meetings and open houses
  • A share certificate to display in your office, classroom, or home (pictured)
  • 10% discount at the GrandLo Café, our nearby social enterprise job training program
  • Public recognition in New York City area print media and in the community center
  • Naming opportunities for significant share purchases
  • All donations to the Second Century Campaign are fully tax deductible
Second Century IPO Share Certificate

* 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.”