Current:Home > InvestBrooklyn Org’s rebrand ditches ‘foundation’ from its name for being ‘old’ and ‘controlling’ -FundPrime
Brooklyn Org’s rebrand ditches ‘foundation’ from its name for being ‘old’ and ‘controlling’
PredictIQ View
Date:2025-04-08 02:32:02
NEW YORK (AP) — To appeal to a new generation of philanthropists, the Brooklyn Community Foundation is ditching the word “foundation” and establishing itself with a new name: Brooklyn Org.
Jocelynne Rainey, who took over as president of the 14-year-old grantmaker two years ago, said the name change is meant to convey that the foundation serves the residents of Brooklyn and highlights the expertise of its people, instead of suggesting a “top-down” approach sometimes taken by grantmakers.
“There is nothing wrong with the word ‘foundation,’” she said. “But there’s a perception that we’re hearing from the next generation of givers that ‘foundation’ feels a little old and a little controlling.”
Rainey’s goal is to attract new donors and make the grantmaker — which awards about $12 million each year to a range of causes, including justice reform, housing, and health — as recognizable as the Brooklyn Museum or the Brooklyn Academy of Music.
To complete the name change, Brooklyn Org purchased the domain name Brooklyn.org for just under $50,000, and received pro bono branding consultation from a Brooklyn-based firm.
The change comes at a time when an increasing number of Americans are giving philanthropy the side-eye. This year, 26% of people said they distrust philanthropy, up five percentage points from last year, according to a survey conducted by Independent Sector, a membership organization of nonprofits and grantmakers, and Edelman Data and Intelligence.
But philanthropies wanting to totally shed their previous identities should exercise caution, said Sruthi Sadhujan, senior strategy director at Hyperakt, a branding firm that has worked to recast the public image of several grantmakers, including the Ford Foundation.
Sadhujan said there is enormous pressure for foundations to shed their image as organizations that can simply write big checks. Rather than denying their power and influence, foundations should consider how to use their institutional heft as a force for good. Acknowledging their status and using the pull they have as a wealthy foundation might help grantees get a seat at the table with other elite institutions, including professional societies and prestigious universities.
“The goal is not to rid the landscape of any and all institutional artifacts,” Sadhujan said of the rebranding process. “It’s to redefine an institution and to create a new sort of understanding of what they do, why they exist, and who they serve. “
The point isn’t lost on Rainey, who says that no matter what people call it, Brooklyn Org is still a foundation. But she said the new name reflects different practices the foundation has put in place that let residents steer the course of the institution.
The foundation has about $70 million in grantmaking assets it can use at its discretion and around $40 million in donor-advised funds, which are managed by the foundation but given out at the direction of the donors.
All of the foundation’s discretionary grantmaking, Rainey says, uses a participatory approach, where residents research and pick nonprofits to receive grants.
“We want to be a model for how philanthropy can be different,” she said. “And we want to be able to exhibit that in our name.”
_____
This article was provided to The Associated Press by The Chronicle of Philanthropy. Alex Daniels is a senior reporter at the Chronicle. Email: [email protected]. The AP and the Chronicle receive support from the Lilly Endowment for coverage of philanthropy and nonprofits and are solely responsible for this content. For all of AP’s philanthropy coverage, visit https://apnews.com/hub/philanthropy.
veryGood! (988)
Related
- Trump's 'stop
- Weeping and Anger over a Lost Shrimping Season, Perhaps a Way of Life
- Why TikTokers Francesca Farago and Jesse Sullivan Want to Be Trailblazers in the LGBTQ+ Community
- Coal Ash Contaminates Groundwater at 91% of U.S. Coal Plants, Tests Show
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- Some Fourth of July celebrations are easier to afford in 2023 — here's where inflation is easing
- J. Crew's Extra 50% Off Sale Has a $228 Dress for $52 & More Jaw-Dropping Deals
- Landon Barker Appears to Get Girlfriend Charli D'Amelio's Eye Tattooed on His Arm
- A Mississippi company is sentenced for mislabeling cheap seafood as premium local fish
- United Airlines CEO blasts FAA call to cancel and delay flights because of bad weather
Ranking
- The Grammy nominee you need to hear: Esperanza Spalding
- Trump heard in audio clip describing highly confidential, secret documents
- New York, Massachusetts Move on Energy Storage Targets
- 13-year-old becomes first girl to complete a 720 in skateboarding – a trick Tony Hawk invented
- Scoot flight from Singapore to Wuhan turns back after 'technical issue' detected
- Indonesia Deporting 2 More Climate Activists, 2 Reporters
- Climate Science Has a Blind Spot When it Comes to Heat Waves in Southern Africa
- California man sentenced to more than 6 years in cow manure Ponzi scheme
Recommendation
'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
More States Crack Down on Pipeline Protesters, Including Supporters Who Aren’t Even on the Scene
See photos of recovered Titan sub debris after catastrophic implosion during Titanic voyage
Coal Mines Likely Drove China’s Recent Methane Emissions Rise, Study Says
Pressure on a veteran and senator shows what’s next for those who oppose Trump
See Inside Millie Bobby Brown and Jake Bongiovi's Engagement Party
World People’s Summit Calls for a Climate Justice Tribunal
Senate 2020: The Loeffler-Warnock Senate Runoff in Georgia Offers Extreme Contrasts on Climate