2017-2018 Biennial Report

Philanthropy

The Building Foundation was created by construction industry leaders in part to marshal the diverse talents and energies of local firms and trade unions toward projects that give back to the community.

In the immediate aftermath of the terrorist attacks of September 11, the Foundation raised more than $400,000 from member firms and their employees, and other industry colleagues for its World Trade Center Memorial Fund, which was primarily distributed directly to surviving family members of building industry workers and uniformed personnel who perished on September 11.

The Building Foundation also mobilized its philanthropic efforts in the wake of Hurricane Sandy in October of 2012, through its Hurricane Sandy Recovery Fund, which provided cash assistance to industry members and their families directly affected by the storm, and grants to local organizations for the restoration of community facilities. In the past two decades, the Building Foundation has supported: organizations focused on New York City's vulnerable populations, including Peter's Place, the Center for the Elimination of Violence in the Family, and Sanctuary for Families; community-based organizations such as Red Hook Initiative, Out 2 Play, and Rebuilding Together NYC; and other notable non-profits in the metropolitan area, including the Design Trust for Public Space, Madison Square Park Conservancy, and New York Transit Museum.

The Foundation looks to expand on its history of philanthropy by continuing to support individuals and organizations in need as well as New York City as a whole.