Who We Are

The Athlete’s Fund was established in 1989 and is the only 501(c)(3) tax-exempt and tax-deductible charity that is aligned with the New York Athletic Club. Its mission is two-fold: i) to provide financial assistance to NYAC athletes who are preparing for the Summer Olympic Games, and ii) to support worthy sports organizations that assist disadvantaged young boys and girls living in the inner-city.

In the early days, the Fund was founded to fill an urgent need. Although the New York Athletic Club’s budget expenditure for athletics was significant, it was not enough to underwrite all the training and other expenses essential for their athletes to prepare optimally for national and international competitions. Since the Club is one of the foremost organizations in the development of competitors in sports such as fencing, rowing, judo, track and field, water polo and wrestling, continued commitment was essential and thus, the Athlete’s Fund answered this need by providing funding for a multitude of athletic endeavors.

At the same time, the New York Athletic Club realized that escalating costs were becoming a problem that threatened sports participation at the school level, a circumstance that remains. Many groups need outside funding to continue programs. In some cases, extra funding means survival for these organizations; therefore, the Athlete’s Fund decided that to support programs that need a helping hand should also be a fundamental part of its mandate.

From the playground to the Olympic Games, the New York Athletic Club Athlete’s Fund is an invaluable presence. Contributions to the Fund are tax-deductible to the extent allowed. Thanks to the generosity of supporters, many of them NYAC members and friends, the NYAC Athlete’s Fund has been able to support our mission since its founding.

Looking ahead, the Athlete’s Fund remains steadfast in its commitment to expanding access to athletic opportunity and excellence. By investing in both elite athletes and grassroots programs, the Fund ensures that talent, dedication, and perseverance are never limited by financial circumstances.

Support from the Athlete’s Fund allows NYAC athletes to focus fully on training and competition by helping offset expenses such as coaching, travel, equipment, and international competition fees. For youth organizations, funding helps sustain programs that provide structure, mentorship, and positive role models, often serving as a vital lifeline for young people facing economic and social challenges.

The Athlete’s Fund is guided by the belief that sport builds character, discipline, and confidence, while fostering lifelong values of teamwork and resilience. Whether supporting an Olympian on the world stage or a young athlete taking their first steps in organized sport, the Fund’s impact is both immediate and enduring.

Through the continued generosity of donors, the New York Athletic Club Athlete’s Fund will remain a catalyst for opportunity, empowering athletes and communities alike for generations to come.