EIN 11-3422729

Brooklyn Org

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
1998
Most recent tax filings
2023-06-01
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...
Brooklyn Community Foundation; Independence Community Foundation
Total revenues
$8,708,861
2023
Total expenses
$23,057,208
2023
Total assets
$124,159,466
2023
Num. employees
0
2023

Program areas at Brooklyn Org

Donor advised funds: this program provides customized support, guidance and services to donors who open a donor advised fund with the Foundation. In fy23, the Foundation issued over $14 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. In fy23, the Foundation invested over $725,000 through a unique set of programs to 10 nonprofits.
Invest in youth grant portfolio:in fy23, the Foundation invested over $2.475 million through a unique set of programs to 56 youth-serving nonprofits from our invest in youth grant program.
Brooklyn elders fund:in fy23, the Foundation invested over $720,000 through a unique set of programs to 17 older adult serving nonprofits from our Brooklyn elders fund grant program.
Through a partnership with the joe and clara tsai's social justice fund, the just Brooklyn prize awards five brooklynites working on racial justice with an unrestricted $20,000 and are selected by a committee of Brooklyn leaders, including the borough president.

Grants made by Brooklyn Org

GranteeGrant descriptionAmount
Grameen AmericaDaf$1,500,000
Global Entrepreneurship NetworkDaf$562,500
Nest (NEST)Daf$535,760
...and 287 more grants made totalling $14,374,941

Who funds Brooklyn Org

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$2,665,100
...and 56 more grants received totalling $25,148,497

Personnel at Brooklyn Org

NameTitleCompensation
Michael GillespiePresident and Chief Executive Officer$0
Nicole G. EppsChief Operating and Financial Officer
Liane StegmaierChief of Staff$137,052
Sabrina HargraveVice President of Programs$117,039
Jenny WalskiVice President of Donor Engagement$112,643
...and 16 more key personnel

Financials for Brooklyn Org

RevenuesFYE 06/2023
Total grants, contributions, etc.$18,508,501
Program services$0
Investment income and dividends$2,013,928
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-11,849,128
Net income from fundraising events$-283,180
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$318,740
Total revenues$8,708,861

Form 990s for Brooklyn Org

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-01990View PDF
2022-062023-05-12990View PDF
2021-062022-05-16990View PDF
2020-062021-12-17990View PDF
2019-122021-03-31990View PDF
...and 8 more Form 990s
Data update history
October 19, 2024
Received grants
Identified 6 new grant, including a grant for $48,000 from The Warburg Pincus Foundation
August 8, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 23, 2024
Updated personnel
Identified 3 new personnel
July 15, 2024
Received grants
Identified 7 new grant, including a grant for $153,506 from The Elma Music Foundation
July 10, 2024
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Grantmaking organizationsCommunity foundationsCharities
Issues
Community improvement
Characteristics
Operates donor advised fundsProvides grantsLobbyingFundraising eventsState / local levelTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
1000 Dean St 307
Brooklyn, NY 11238
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
Kings County, NY
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
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current
FTB status revoked
Not revoked
AG Registration Number
CT0292974
FTB Entity ID
None yet
AB 488 data last updated ("as-of") date
2024-12-04
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