Jun 28, 2024 Press Release

Statement on NYC's 2025 Budget Handshake Agreement

Today, Mayor Adams and Council Speaker Adams reached a handshake agreement on the city's 2024 budget. In response, Richard R. Buery, Jr., Chief Executive Officer of Robin Hood — New York’s largest poverty-fighting philanthropy — released the following statement:

“Robin Hood applauds Mayor Adams and Council Speaker Adams for reaching a handshake agreement that prioritizes access to 3-K and Pre-K, special education services in the preschool setting, and child care access for immigrant children.

At a time when 80% of families citywide are unable to afford child care or after school services, investments in early education and expanding access to child care are smart steps that help ensure all New Yorkers have a fair shot at succeeding in life.

We will continue to work with the administration and city council to support the robust community outreach and engagement necessary to help families access programs that meet their needs. We have a long way to go, but together we can make New York City the best place in the world to raise children.”

About Robin Hood
Robin Hood is New York’s largest local poverty-fighting philanthropy. Last year, Robin Hood celebrated its 35th year of funding, supporting, and connecting New York’s most impactful community organizations at the forefront of the battle against poverty. We are NYC’s largest local poverty-fighting philanthropy and since 1988, we have invested nearly $3 billion to elevate and fuel New Yorkers’ permanent escapes from poverty. In 2023, through grantmaking with 250+ community partners, we created pathways to opportunities out of poverty through our strategic partnerships on child care, child poverty, jobs, living wages, and more. We are scaling impact at a population level for the nearly 2 million New Yorkers living in poverty. At Robin Hood, we believe your starting point in life should not define where you end up. To learn more about our work and impact, follow us on X  @RobinHoodNYC or go to robinhood.org.