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NYCT AR2009_final.pdf - The New York Community Trust

NYCT AR2009_final.pdf - The New York Community Trust

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In 1923, the banks of <strong>New</strong> <strong>York</strong> City envisioned<br />

the type of philanthropic organization that could<br />

best meet the changing needs of this community.<br />

<strong>Trust</strong>ee Banks<br />

32<br />

It would be set up to give wealthy<br />

people and those of moderate means<br />

an equal opportunity to accomplish<br />

their philanthropy within a flexible<br />

framework. <strong>The</strong> charitable funds they<br />

created would be permanently secure.<br />

<strong>The</strong> organization’s governing body—an<br />

impartial and changing committee<br />

of <strong>New</strong> <strong>York</strong> citizens chosen for their<br />

understanding of philanthropic needs—<br />

would oversee the selection of charitable<br />

beneficiaries.<br />

This was the beginning of <strong>The</strong> <strong>New</strong><br />

<strong>York</strong> <strong>Community</strong> <strong>Trust</strong>. Today eleven<br />

banks and trust companies have<br />

adopted the Resolution and Declaration<br />

of <strong>Trust</strong> Creating “<strong>The</strong> <strong>New</strong> <strong>York</strong><br />

<strong>Community</strong> <strong>Trust</strong>.” <strong>The</strong> representatives<br />

of these financial institutions constitute<br />

the <strong>Trust</strong>ees’ Committee, and each bank<br />

is authorized to receive funds in trust<br />

for <strong>The</strong> <strong>New</strong> <strong>York</strong> <strong>Community</strong> <strong>Trust</strong>.<br />

Bank of America Corporation<br />

Brian T. Moynihan, CEO<br />

Alternate: Peter G. Pangis,<br />

Market <strong>Trust</strong> Executive, U.S. <strong>Trust</strong>, Bank of<br />

America Private Wealth Management<br />

<strong>The</strong> Bank of <strong>New</strong> <strong>York</strong> Mellon<br />

David F. Lamere, Vice Chairman & CEO,<br />

Wealth Management<br />

Alternate: Joseph M. Samulski, Managing<br />

Director, BNY Mellon Wealth Management<br />

Bessemer <strong>Trust</strong> Company<br />

John A. Hilton, Jr., President & CEO<br />

Alternate: William H. Forsyth, Jr., Managing<br />

Director & Senior Fiduciary Counsel<br />

Brown Brothers Harriman <strong>Trust</strong> Company<br />

John A. Gehret, Chairman & CEO<br />

Alternate: Daniel J. Arciola, Senior Vice President<br />

Citigroup, Inc.<br />

Vikram S. Pandit, CEO<br />

Alternate: Michael J. Carolan, Divisional <strong>Trust</strong><br />

Manager, Citi <strong>Trust</strong> Eastern Division<br />

Deutsche Bank Americas<br />

Seth Waugh, CEO<br />

Alternate: Paul J. Bisset, Managing Director<br />

Fiduciary <strong>Trust</strong> Company International<br />

Henry P. Johnson, President and CEO<br />

Alternate: Gail E. Cohen,<br />

Executive Vice President, General <strong>Trust</strong><br />

Counsel & Head of Global<br />

Wealth Management<br />

HSBC Bank USA<br />

Irene M. Dorner, President & CEO<br />

Alternate: Gerard F. Joyce, Jr.,<br />

Managing Director, Head of U.S.<br />

Personal <strong>Trust</strong><br />

Lehman Brothers <strong>Trust</strong> Company<br />

Robert J. Laughlin, President<br />

Alternate: Joseph F. Collins, III,<br />

Senior Vice President<br />

JPMorgan Chase Bank<br />

James S. Dimon, Chairman and CEO<br />

Alternate: Paula M. Baker, Chief Fiduciary<br />

Executive, JPMorgan Private Bank<br />

<strong>The</strong> Rockefeller <strong>Trust</strong> Company<br />

Elizabeth P. Munson, President<br />

Alternate: James M. Mulvaney,<br />

Senior Vice President

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