Mayor Eric Adams’ office told amNewYork Tuesday morning that the city would provide over $5 billion in advance payments to city-contracted nonprofit organizations for Fiscal Year 2026 in a move set to rehabilitate the relationship between the city and its nonprofit partners.
This allotment is an increase from the $2.6 billion allocated during FY 2025 and aims to deliver vital financial support quickly to organizations dedicated to serving some of the city’s most vulnerable populations.
