N.Y. Pub. Auth. Law § 2799-oooo

§ 2799-oooo. Not-for-profit grant distribution. 1. The corporation is\nauthorized to provide financial assistance in the form of grants to\nnot-for-profit corporations that provide direct services or benefits to\nthe residents of Roosevelt Island, the totality of such grants not to\nexceed three per centum per annum of the operating budget of the\ncorporation, and upon the approval of a majority of the entire board of\nthe corporation.\n 2. Annually, within ninety days after the end of the fiscal year of\nthe corporation, the corporation shall post a report on its website that\nshall list and identify each grant recipient in such fiscal year, the\namount provided to each recipient, and a general description of the\npublic benefit of each grant.\n