Current:Home > StocksBrooklyn Org’s rebrand ditches ‘foundation’ from its name for being ‘old’ and ‘controlling’ -WealthTrail Solutions
Brooklyn Org’s rebrand ditches ‘foundation’ from its name for being ‘old’ and ‘controlling’
View
Date:2025-04-19 11:29:36
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! (2)
Related
- New Zealand official reverses visa refusal for US conservative influencer Candace Owens
- Minnesota prepares for influx of patients from Iowa as abortion ban takes effect
- Black bears are wandering into human places more. Here's how to avoid danger.
- Back-to-back meteor showers this week How to watch Delta Aquarids and Alpha Capricornids
- Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
- Gospel group the Nelons being flown by Georgia state official in fatal Wyoming crash
- New Jersey police fatally shoot woman said to have knife in response to mental health call
- Another Olympics celebrity fan? Jason Kelce pledges for Ilona Maher, US women's rugby
- Man charged with murder in death of beloved Detroit-area neurosurgeon
- USDA moves to limit salmonella in raw poultry products
Ranking
- NCAA hands former Michigan coach Jim Harbaugh a 4-year show cause order for recruiting violations
- Can your blood type explain why mosquitoes bite you more than others? Experts weigh in.
- Paris Olympic organizers cancel triathlon swim training for second day over dirty Seine
- Simone Biles to compete on all four events at Olympic team finals despite calf injury
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- Shop Coach Outlet’s Whimsical Collection: Score Fairy Cottagecore Bags and Fashion up to 65% Off
- Video shows hordes of dragonflies invade Rhode Island beach terrifying beachgoers: Watch
- Quake rattles Southern California desert communities, no immediate reports of damage
Recommendation
FBI: California woman brought sword, whip and other weapons into Capitol during Jan. 6 riot
Browns QB Deshaun Watson continues to make a complete fool of himself
11-year-old accused of swatting, calling in 20-plus bomb threats to Florida schools
In New York, a ballot referendum meant to protect abortion may not use the word ‘abortion’
Euphoria's Hunter Schafer Says Ex Dominic Fike Cheated on Her Before Breakup
USA finishes 1-2 in fencing: Lee Kiefer, Lauren Scruggs make history in foil
Not All Companies Disclose Emissions From Their Investments, and That’s a Problem for Investors
Former NRA chief says appointing a financial monitor would be ‘putting a knife’ into the gun group