NYCT AR2009_final.pdf - The New York Community Trust
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