We are The Bridge Fund of New York Inc.
The mission of The Bridge Fund is to prevent homelessness for vulnerable, working poor individuals and families who are threatened with the loss of their housing, but often do not qualify for emergency government assistance.
Who we are.
Oscar S. Pollock
Chairman & Co-Founder
Mary Nan Pollock
Fun-loving New Yorkers or Fiercest Champions of the Working Poor?
Oscar and Nan Pollock are co-founders of The Bridge Fund of New York Inc. which, in its first 28 years, has successfully kept more than 42,000 working poor New York and Westchester individuals in their homes. A graduate of Phillips Exeter and Harvard, Oscar is a director at Ingalls and Snyder where he has spent more than 30 years specializing in investment research and money management. His expertise inspired his passionate involvement in public policy issues in the tax area—a sideline that led to the formation of The Bridge Fund. Co-founder Nan, a Saint Louis native and a graduate of Maryville University, spent 14 years as Merchandising Director of Seventeen Magazine. Her proficiency in special events and marketing continues to inform her active fundraising. Together with a handful of other dedicated businessmen and women, Oscar and Nan have succeeded in proving that homelessness prevention is an ideal field for private sector involvement.
“A problem that could have been solved for less than $1,000 ended up costing Westchester county $50,148 per year and the social fabric of a vulnerable person’s life was ruined.”OSCAR POLLOCK, Chairman and Co-Founder of The Bridge FundWays to Donate
What we do.
We help clients better manage their finances.
Loan repayments help neighbors.
A Bridge Fund loan is a good investment.
Housing a family in a public shelter costs Westchester or New York City between $50,000 to $62,000 annually, while a $2,500 Bridge Fund loan usually stabilizes a client.
Provide financial assistance.
Interest-free loans or grants are given to pay rental arrears to keep clients in their threatened housing.
Our staff provides guidance and expertise.
We support anxious clients through the housing court process and act as an advocate for clients in securing additional benefits.
“Homelessness for children is more than the loss of a house. It separates them from their belongings, their pets, reassuring routines, friends and community. Ongoing, chronic stress can have profound and lasting effects that may still be manifested in adulthood.”Dr Ellen Bassuk, Founder of the National Center on Family Homelessness
Who we serve.
Clients Are Working Poor Individuals and Families
They work as
Bridge Fund clients have low income, high rents*
$29,273 average annual income – Westchester
$2,439 monthly – 47% spent on rent
$27,984 average annual income – New York City
$2,332 monthly – 43% spent on rent
They are referred to the programs by
They fall behind in their rent because
Most live in rent-regulated housing, almost impossible to replace, if lost
Children are hurt most by loss of a home*
Clients are culturally diverse, like our communities*
Source: 2018 Bridge Fund Data