EIN 11-3422729

Brooklyn Community Foundation

IRS 501(c) type
501(c)(3)
Num. employees
27
Year formed
1998
Most recent tax filings
2022-06-01
NTEE code, primary
Description
Brooklyn Community Foundation is the first and only public foundation solely dedicated to Brooklyn’s charitable community. To spark lasting social change, mobilizing people, capital and expertise for a fair and just Brooklyn.
Also known as...
Independence Community Foundation
Total revenues
$36,110,800
2022
Total expenses
$15,582,657
2022
Total assets
$115,930,588
2022
Num. employees
27
2022

Program areas at Brooklyn Community Foundation

Donor advised funds: this program provides customized support, guidance and services to donors who open a donor advised fund with the Foundation. In fy22, the Foundation issued over $6 million in donor directed grants - over 60% of which went to Brooklyn nonprofits.
Wellness and recovery fund:launched in 2021, supports organizations working to ensure that those who navigate the difficult road of substance abuse and addiction do so with reliable support that honors their agency and dignity. The fund is providing over $2.2 million in grants for dignity-centered direct services, expansion and innovation of harm reduction programs and services, and systems change efforts focused on agency policies and service delivery protocols and dignity-centered narrative shifting work.
Invest in youth grant portfolio:in fy22, the Foundation invested over $2.43 million through a unique set of programs to 55 youth-serving nonprofits from our invest in youth grant program. Our Brooklyn youth activists also entered its sixth year, allowing young Brooklyn residents the opportunity to be Community grantmakers.
Brooklyn elders fund

Grants made by Brooklyn Community Foundation

GranteeGrant descriptionAmount
DocumentedFiscal Sponsor$250,000
DocumentedFiscal Sponsor$250,000
John Jay College of Criminal JusticeDaf$195,000
...and 313 more grants made totalling $11,083,462

Who funds Brooklyn Community Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
New York Congregational Nursing CenterTo Establish A Partially-Endowed Donor-Advised Fund Called the Nycnc Advised Fund$15,000,000
CABS Community FoundationGeneral Support$5,100,000
Vanguard Charitable Endowment ProgramFor Recipient's Exempt Purpose$786,700
...and 54 more grants received totalling $23,480,339

Personnel at Brooklyn Community Foundation

NameTitleCompensation
Jocelynne RaineyPresident and Chief Executive Officer
Nicole G. EppsChief Operating and Financial Officer
Liane StegmaierChief of Staff$104,638
Sabrina HargraveVice President of Programs
Jenny WalskiVice President of Donor Engagement$112,643
...and 18 more key personnel

Financials for Brooklyn Community Foundation

RevenuesFYE 06/2022
Total grants, contributions, etc.$20,807,201
Program services$0
Investment income and dividends$855,761
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$14,516,484
Net income from fundraising events$-93,816
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$25,170
Total revenues$36,110,800

Form 990s for Brooklyn Community Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-062023-05-12990View PDF
2021-062022-05-16990View PDF
2020-062021-12-17990View PDF
2019-122021-03-31990View PDF
2018-122020-06-05990View PDF
...and 7 more Form 990s
Data update history
January 14, 2024
Updated personnel
Identified 8 new personnel
October 26, 2023
Received grants
Identified 9 new grant, including a grant for $195,000 from Allied Media Projects
August 19, 2023
Received grants
Identified 55 new grant, including a grant for $15,000,000 from New York Congregational Nursing Center
August 18, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 7, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Grantmaking organizationsCommunity foundationsCharities
Issues
Community improvement
Characteristics
Operates donor advised fundsProvides grantsLobbyingFundraising eventsState / local levelTax deductible donations
General information
Address
1000 Dean St 307
Brooklyn, NY 11238
Metro area
New York-Newark-Jersey City, NY-NJ-PA
Website URL
brooklyn.org/ 
Phone
(718) 480-7500
Facebook page
BklynFoundation 
Twitter profile
@bklynfoundation 
IRS details
EIN
11-3422729
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1998
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T31: Community Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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