BRIDGE FUND OF NEW YORK INC
We prevent homelessness among the working poor
Programs and results
What we aim to solve
The Bridge Fund of New York Inc. is a privately funded program dedicated to preventing homelessness among the working poor, one of the most vulnerable sectors of our population. The Bridge Fund offers a unique and comprehensive package of services aimed at helping families and individuals overcome their immediate housing crisis (usually the threat of eviction) and maintain long-term stability.
Our programs
What are the organization's current programs, how do they measure success, and who do the programs serve?
The Bridge Fund of New York,
The Bridge Fund of New York City
The Bridge Fund of Westchester
The Bridge Fund of Westchester
Preventing homelessness among the working poor of Westchester County, New York with modest, interest-free loans or grants to pay rental arrears, combined with budget counseling to help clients achieve long term housing stability.
The Bridge Fund of New York City
Preventing homelessness among the working poor of New York City's five boroughs with modest, interest-free loans or grants to pay rental arrears, combined with budget counseling to help clients achieve long term housing stability.
Financial Counseling
Provide comprehensive financial counseling to Bridge Fund clients for the end in mind of preventing a re-occurrence of rental arrears assistance. Counseling includes budget review, income enhancement strategies, referral to eligible income benefits such earn income tax credits, SNAP and Utility assistance.
Where we work
External reviews

Our results
How does this organization measure their results? It's a hard question but an important one.
Direct service to individuals children and households
This metric is no longer tracked.Totals By Year
Population(s) Served
Economically disadvantaged people
Type of Metric
Outcome - describing the effects on people or issues
Direction of Success
Increasing
Context Notes
Includes the number of households, individuals, and children who received aid in Westchester and New York City.
Total Food Cards Purchased
This metric is no longer tracked.Totals By Year
Population(s) Served
Economically disadvantaged people
Type of Metric
Output - describing our activities and reach
Direction of Success
Increasing
Context Notes
The total number of food cards purchased for households, individuals, and children in Westchester and New York City.
Number of households that obtain/retain permanent housing for at least 6 months
This metric is no longer tracked.Totals By Year
Type of Metric
Outcome - describing the effects on people or issues
Direction of Success
Increasing
Context Notes
Economically disadvantaged people
Total expenditures
This metric is no longer tracked.Totals By Year
Population(s) Served
Economically disadvantaged people
Related Program
The Bridge Fund of New York,
Type of Metric
Input - describing resources we use
Direction of Success
Increasing
Context Notes
Total dollar amount spent on direct assistance from various sources (Bridge Fund, Networked Funds, and Client contributions) in Westchester and New York City.
Hours of literacy instruction delivered
This metric is no longer tracked.Totals By Year
Type of Metric
Output - describing our activities and reach
Direction of Success
Increasing
Context Notes
Hours of budget counseling in 2022.
Total dollar amount spent on food cards
This metric is no longer tracked.Totals By Year
Population(s) Served
Economically disadvantaged people
Type of Metric
Output - describing our activities and reach
Direction of Success
Increasing
Context Notes
Total dollar amount spent on food cards for households, individuals, and children in Westchester and New York City.
Total number of people assisted with utilities
This metric is no longer tracked.Totals By Year
Population(s) Served
Economically disadvantaged people
Type of Metric
Output - describing our activities and reach
Direction of Success
Increasing
Context Notes
Total number of people assisted with utility payments in Westchester and New York City.
Total dollars distributed for utilities assistance
This metric is no longer tracked.Totals By Year
Population(s) Served
Economically disadvantaged people
Type of Metric
Output - describing our activities and reach
Direction of Success
Increasing
Context Notes
Total dollars spent on utilities assistance for households, individuals, and children in Westchester and New York City.
Goals & Strategy
Learn about the organization's key goals, strategies, capabilities, and progress.
Charting impact
Four powerful questions that require reflection about what really matters - results.
What is the organization aiming to accomplish?
At The Bridge Fund, we aim to provide rent relief to our working poor clients located within the five boroughs of New York City and Westchester County, New York. Additionally, we provide guidance to our clients to ensure long-term stability, such as: Information and referrals, budget and career counseling, and financial assistance. Through these resources we hope to teach skills to help our clients remain safely in their homes.
What are the organization's key strategies for making this happen?
The Bridge Fund prevents homelessness by providing intensive services and interest-free loans, grants or subsidies to pay outstanding rent. Our financial assistance to clients averages $1,500 per household and represents a fraction of the cost of shelter placement, which, for a family, is estimated to be more than $62,000-a-year. Loan repayments can be as little as $5 per month. Consistently, at least 90% of the households that receive our complete package of services are in their homes one-year after our initial intervention!
Approximately 105 organizations and government agencies refer clients to the program by faxing or emailing a completed application, which is reviewed by a case handler within 24 hours. Tenants who contact The Bridge Fund directly are also considered. Those who are facing eviction proceedings and seem to meet the following criteria are invited for an office interview:
Valid reason for owing rent
Enough income to maintain housing beyond our intervention
Viable rental arrears (amount owed can and should be paid)
Continued tenancy rights can be legally preserved
Clients that prove eligible (or can be helped to establish eligibility) and comply with all Bridge Fund directives and requests for documentation receive both services and one-time financial assistance to pay rental arrears or short-term rent subsidies.
All Bridge Fund clients are in imminent danger of eviction or foreclosure due to unforeseen emergencies that cause them to fall behind in their rent payments. These include temporary job loss, funeral expenses and uninsured illness. They have little or no savings, supplement their incomes with food stamps, WIC or other benefits, and use 43% of their $2,332 monthly net income to meet their rent obligations. The average household consists of two individuals. Fifty-eight percent are African American, 31 percent are Hispanic and the remaining 11 percent are Caucasian or other.
As of 2022, 92% of our clients remain stably housed, two-years after we provide emergency financial assistance.
What are the organization's capabilities for doing this?
What have they accomplished so far and what's next?
Financials
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Operations
The people, governance practices, and partners that make the organization tick.
Connect with nonprofit leaders
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- Analyze a variety of pre-calculated financial metrics
- Access beautifully interactive analysis and comparison tools
- Compare nonprofit financials to similar organizations
Want to see how you can enhance your nonprofit research and unlock more insights? Learn More about GuideStar Pro.
Connect with nonprofit leaders
SubscribeBuild relationships with key people who manage and lead nonprofit organizations with GuideStar Pro. Try a low commitment monthly plan today.
- Analyze a variety of pre-calculated financial metrics
- Access beautifully interactive analysis and comparison tools
- Compare nonprofit financials to similar organizations
Want to see how you can enhance your nonprofit research and unlock more insights? Learn More about GuideStar Pro.
BRIDGE FUND OF NEW YORK INC
Board of directorsas of 09/06/2023
Oscar Pollock
Ingalls & Snyder LLC
Oscar S. Pollock
Ingalls & Snyder, LLC
Mary Nan Pollock
Richard D. Ditoro
Lonza Group
Bruce R. Barniker
Bruce Barniker LLC
Joseph H. Cruickshank
The Clark Foundation
Kenneth A. Chandler
Newsmax Media
Paul H. Henkel
Alliance Bernstein
Benjamin K. Joseph
The Related Companies LP
D.Roger B. Liddell
Clear Harbor Asset Management LLC
Tony Pandjiris
Technology Investor
Eon Parks
Martin de Porres Group Homes
James H. Thatcher
Ingalls & Snyder
Foster Birch
Oppenheimer and Co Inc.
Organizational demographics
Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.
Leadership
The organization's leader identifies as:
Race & ethnicity
No data
Gender identity
No data
No data
Sexual orientation
No data
Disability
No data
Equity strategies
Last updated: 09/01/2023GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more
- We review compensation data across the organization (and by staff levels) to identify disparities by race.
- We ask team members to identify racial disparities in their programs and / or portfolios.
- We employ non-traditional ways of gathering feedback on programs and trainings, which may include interviews, roundtables, and external reviews with/by community stakeholders.
- We have a promotion process that anticipates and mitigates implicit and explicit biases about people of color serving in leadership positions.
- We seek individuals from various race backgrounds for board and executive director/CEO positions within our organization.
- We have community representation at the board level, either on the board itself or through a community advisory board.