Investing in the future and wellbeing of youth growing up in New York City
We fund efforts that cultivate motivated readers and nurture mental health and wellbeing.


About Us
Carmel Hill Fund (CHF) is a private foundation established by William “Bill” Ruane in 1986. Throughout his lifetime, Bill was an active philanthropist, ultimately focusing his generosity to support youth mental health and literacy outcomes. We share in his enduring belief that potential is unlocked and nurtured when young people find power in reading and their mental health is prioritized.

Grantmaking
Bridging gaps and building better systems
We invest up to $15 million annually in organizations and initiatives committed to improving youth literacy and mental health and wellbeing in New York City. We focus on supporting young people, especially those growing up in communities facing systemic barriers, to become voracious readers and have the skills, relationships, nurturing environments, and supports to thrive.
Our issue areas
Improving mental health and literacy among youth
As we embark on our next chapter as a grantmaker, we will build on our founder and benefactor’s legacy to deepen our impact in New York City. Bill Ruane passionately believed that mental health and literacy were crucial factors in shaping a young person’s future. Research shows that New York City youth continue to struggle in both areas, with recent reports concluding:
43.7%of 3-8th graders in NYC public schools are not proficient in reading
Source: NYC Public Schools
1 in 10New York City high school students reported a suicide attempt
Source: NYC Health
14%of 13-year-olds nationally read for fun daily, while 31% rarely or never do
Source: NEAP
38%reported feeling so sad or hopeless that they stopped their usual activities
Source: NYC Health
We invest in initiatives that support the wellbeing of youth in New York City and provide the resources, skill development and support they need to thrive.

Our Approach
Promoting a human-centered approach rooted in shared values
Our approach is centered in co-creation and collaboration, and the belief that those closest to a problem have the best solutions. We aim to develop trusting partnerships by getting to know our grantees deeply, centering our approach on shared values and sustainable impact.
Words from our grantees
Carmel Hill Fund has been a true partner to Inseparable in advancing youth mental health. They not only provide generous financial support but also roll up their sleeves to deeply engage with the issues – connecting us to new strategic partners and helping to expand our impact. Their commitment, transparency, and leadership as philanthropists are inspiring.
Bill Smith, Founder & CEO of Inseparable
Let’s talk!
Reach out today to learn more about our grantmaking and to explore possibilities.