The New York Community Trust

The Chief Investment Officer Tatiana Pohotsky leads day-to-day portfolio management, reporting to the Investment Committee chaired by Kevin R. Byrne. The committee sets asset allocation and oversees manager selection, drawing on professional investment experience — Byrne is the retired CEO of Pacific Global Asset Management — and board-level oversight from Bessemer Trust president Michael A. Marquez.

It is a community foundation, which means it pools assets from multiple donor-advised and designated funds into a unified endowment. This creates a single investment portfolio — the Community Funds Investment Pool — rather than separate accounts for each fund. The pooled structure lets the Trust scale its grantmaking budget and access a diversified set of asset classes, including private equity and direct real estate, that smaller individual funds rarely reach.

It does both. The Trust commits to private equity and venture capital funds and pursues direct co-investments and real estate holdings. Its known real assets include a commercial property in Midtown Manhattan, Missouri land parcels, and a residential villa in Italy, alongside a separate private real estate investment portfolio.

The number is an Altss estimate drawn from operational data and is not publicly disclosed by the Trust. It reflects the total investment assets across the Community Funds Investment Pool, the private real estate portfolio, and any other Trust-managed pools that support its 2,200+ charitable funds.

Recent collaboration focused on migrant support in New York City, where both grantmakers pooled philanthropic resources. The partnership reflects the Trust's broader posture as a convener — it helped found the Council on Foundations, Grantmakers In Health, and the Nonprofit Finance Fund, all of which extend its programmatic reach.

Grants target nonprofits operating in New York City, Long Island, and Westchester. The Trust also operates two geographic affiliates — the Long Island Community Foundation and the Westchester Community Foundation — which make localized funding decisions while pooling assets into the main endowment.

The Investment Committee, chaired by Kevin R. Byrne, sets strategic asset allocation and approves manager hires across public and private markets. Its composition blends investment industry veterans and nonprofit finance expertise, which pushes the Trust toward an allocator posture that mirrors institutional public pension and endowment models.