Helping Hands News

As of February 1, 2025, Gerstner Philanthropies has awarded $16.8 million to support the Helping Hands emergency grant program at 25 organizations. These funds are projected to stabilize nearly 10,500 households facing a one-time financial emergency over the next two years. Of the total funding, $14.7 million will support emergency grant programs at 18 social service organizations nationwide, including three network organizations that oversee and subgrant to 66 emergency aid providers across 27 states. An additional $2.1 million will fund student emergency aid programs at seven colleges in the Greater New York City area. By both expanding partnerships and deepening support for existing grantees, Gerstner Philanthropies aims to assist more individuals in crisis while equipping partner organizations with the resources needed to deliver aid efficiently and effectively.

Gerstner Philanthropies is proud to support Hostos Community College in fostering discussions on philanthropy and nonprofit leadership. On March 4, Hostos hosted "Women in Philanthropy", featuring sector leaders, including our Program Officer, Victoria Coker. The panel explored career paths, nonprofit challenges, and trust-based philanthropy, followed by interactive workshops on leadership and advocacy. We applaud Hostos for inspiring the next generation of changemakers and look forward to continued collaboration.

Boca Helping Hands is increasing its capacity to fight hunger in Palm Beach County with a new delivery truck funded by Christine E. Lynn and Gerstner Philanthropies. This vital addition will enable the organization to distribute up to 5 million pounds of food annually, a significant increase from the 3.8 million pounds delivered last year. The truck will be unveiled on December 19 and will begin its service by delivering food to underserved public-school students to help bridge weekend meal gaps. Gerstner Philanthropies is proud to partner with Boca Helping Hands to expand food access for those in need.

Feeding Our Neighbors, a vital initiative by Catholic Charities of the Archdiocese of New York, brought essential relief to over 200 families with a pop-up pantry at St. Helena’s in the Bronx. Monsignor Kevin Sullivan, the Executive Director, attended the event and personally engaged with attendees. “The price of food is astronomical and people who are on limited income, many, many, many of whom are working, just can’t make ends meet at the end of the month,” the Monsignor shared. Supported by Gerstner Philanthropies, this program operates 24 pop-up food pantries annually across the diocese, directly combating hunger and food insecurity by reaching New Yorkers right in their communities.

In a recent OP-ED published by the Wall Street Journal, Gerstner Philanthropies founder and Chairman, Louis. V. Gerstner, Jr., highlights the important role one-time emergency financial assistance can play in preventing homelessness. "Shelter services for a family in New York City cost $191 a day, or nearly $70,000 a year, according to the mayor’s office. That adds up to a total annual cost of $1.2 billion," Gerstner writes. "The best way to help is by preventing homelessness in the first place. Gerstner Philanthropies has spent more than $36 million on a program called Helping Hands. It provides small amounts of money to help otherwise stable people overcome short-term emergencies and stay out of shelters."