Current:Home > reviewsBrooklyn Org’s rebrand ditches ‘foundation’ from its name for being ‘old’ and ‘controlling’ -PrimeWealth Guides
Brooklyn Org’s rebrand ditches ‘foundation’ from its name for being ‘old’ and ‘controlling’
View
Date:2025-04-21 05:48:17
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! (155)
Related
- As Trump Enters Office, a Ripe Oil and Gas Target Appears: An Alabama National Forest
- William Calley, who led the My Lai massacre that shamed US military in Vietnam, has died
- Landslides caused by heavy rains kill 49 and bury many others in southern India
- More ground cinnamon recalled due to elevated levels of lead, FDA says
- Senate begins final push to expand Social Security benefits for millions of people
- 'Ugly': USA women's basketball 3x3 must find chemistry after losing opener
- August execution date set for Florida man involved in 1994 killing and rape in national forest
- Hearing about deadly Titanic submersible implosion to take place in September
- Megan Fox's ex Brian Austin Green tells Machine Gun Kelly to 'grow up'
- Meta agrees to $1.4B settlement with Texas in privacy lawsuit over facial recognition
Ranking
- Why Sean "Diddy" Combs Is Being Given a Laptop in Jail Amid Witness Intimidation Fears
- Mississippi won’t prosecute a deputy who killed a man yelling ‘shoot me’
- Fencer wins Ukraine's first Olympic medal in Paris. 'It's for my country.'
- How Harris and Trump differ on artificial intelligence policy
- At site of suspected mass killings, Syrians recall horrors, hope for answers
- The 25 Most Popular Amazon Items E! Readers Bought This Month: Viral Beauty Products & More
- 2 children dead, 11 injured in mass stabbing at dance school's Taylor Swift-themed class
- The Last Supper controversy at the 2024 Paris Olympics reeks of hypocrisy
Recommendation
EU countries double down on a halt to Syrian asylum claims but will not yet send people back
How watching film helped Sanya Richards-Ross win Olympic medals and Olympic broadcast
2024 Olympics: Gymnast Frederick Richard's Parents Deserve a Medal for Their Reaction to His Routine
The Latest: Harris ad calls her ‘fearless,’ while Trump ad blasts her for border problems
McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
Voting group asks S. Carolina court to order redraw of US House districts that lean too Republican
Mississippi’s capital city is catching up on paying overdue bills, mayor says
Chants of 'Heil Hitler' shouted by antisemitic protestors at Israel Olympic soccer game