Current:Home > ContactBrooklyn Org’s rebrand ditches ‘foundation’ from its name for being ‘old’ and ‘controlling’ -FundTrack
Brooklyn Org’s rebrand ditches ‘foundation’ from its name for being ‘old’ and ‘controlling’
View
Date:2025-04-19 01:20:08
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: alex.daniels@philanthropy.com. 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! (935)
Related
- Meet first time Grammy nominee Charley Crockett
- Why Wait Till December? These Amazon Prime Day Deals Make Great Christmas Gifts, Starting at $7
- Trump assassination attempt unlikely to have lasting political impact, observers say
- Jurors resume deliberations in Sen. Bob Menendez's bribery trial for third day
- San Francisco names street for Associated Press photographer who captured the iconic Iwo Jima photo
- Trump assassination attempt unlikely to have lasting political impact, observers say
- Man charged with murdering 2 roommates after body parts found in suitcases on iconic U.K. bridge
- Natalie Portman gushes about 'Bluey' guest role, calls it her 'most important' performance
- Trump suggestion that Egypt, Jordan absorb Palestinians from Gaza draws rejections, confusion
- Trump expected to announce his VP running mate today as RNC gets underway
Ranking
- The White House is cracking down on overdraft fees
- Gareth Southgate resigns as England manager after Euro 2024 final loss
- 2024 RNC Day 1 fact check of the Republican National Convention
- Judge considers bond for off-duty officer awaiting murder trial after South Carolina shooting
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- BBC Journalist John Hunt Speaks Out After Wife, Daughters Are Killed in Crossbow Attack
- Anna Faris Shares Update on Her and Chris Pratt's Son Jack
- New livestream shows hundreds of rattlesnakes, many of them pregnant, congregating at mega-den in Colorado
Recommendation
The 401(k) millionaires club keeps growing. We'll tell you how to join.
2 boys die, 6 others hurt, when SUV overturns and ends up in standing water in North Dakota
'Let me get my shoes': Trump explains why he asked for footwear after assassination attempt
Inside Richard Simmons' Final Days Before Death
The 401(k) millionaires club keeps growing. We'll tell you how to join.
Vermont governor urges residents to report flood damage to the state for FEMA determination
California needs a million EV charging stations — but that’s ‘unlikely’ and ‘unrealistic’
U.K.'s King Charles III to visit Australia and Samoa on first royal tour abroad since cancer diagnosis