The New York City Police Foundation was established in 1971 by business and civic leaders as a nonprofit tax-exempt charity that could raise money to spend on projects supporting NYPD reform and modernization efforts as well as helping improve its relationship with the broader New York City community.[1][2][3] The NYCPF was the first municipal foundation of its type in the country.[4]
Since its founding, the NYCPF has raised more than $120 million on behalf of the NYPD from the city’s power elite.[3] However, critics have claimed that the NYPD has been unduly influenced by a $4.6 million gift from JP Morgan, via the New York City Police Foundation, that funded patrol car laptops as well as security monitoring devices.[3]
