New York Community Trust is an independent non-profit foundation located in New York City, New York. The trust is the umbrella name for two organizations: The New York Community Trust, an unincorporated association of charitable trusts, and its corporate affiliate, Community Funds, Inc., a New York State not-for-profit corporation. Funds set up as trusts are invested by the banks selected by the donor from the foundation's list of trustees. The assets of the foundation are managed and administered under the leadership of the board of trustees.