Current:Home > MyBrooklyn Org’s rebrand ditches ‘foundation’ from its name for being ‘old’ and ‘controlling’ -Wealth Navigators Hub
Brooklyn Org’s rebrand ditches ‘foundation’ from its name for being ‘old’ and ‘controlling’
View
Date:2025-04-27 22:34:15
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! (223)
Related
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Meet Ukraine's sappers, working to clear ground retaken from Russian troops who mine everything
- Accusations of 'greenwashing' by big oil companies are well-founded, a new study finds
- Kourtney Kardashian Receives Late Dad Robert Kardashian’s Wedding Ring in Emotional BTS Moment
- Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
- Gunmen torch market, killing 9, days after body parts and cartel messages found in same Mexican city
- Gas prices got you wanting an electric or hybrid car? Well, good luck finding one
- Jeremy Piven Teases His Idea for Entourage Reboot
- Louvre will undergo expansion and restoration project, Macron says
- RHONJ: Teresa Giudice's Involvement in Melissa Gorga Cheating Rumor Revealed
Ranking
- Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
- Create a Filtered, Airbrushed Look and Get 2 It Cosmetics Foundations for the Price of 1
- TikToker Dylan Mulvaney Speaks Out Amid Criticism of Her Brand Partnerships
- US forest chief calls for a pause on prescribed fire operations
- A Mississippi company is sentenced for mislabeling cheap seafood as premium local fish
- 7 bombs planted as trap by drug cartel kill 4 police officers and 2 civilians in Mexico, officials say
- An estimated 45,000 people have been displaced by a cyclone in Madagascar
- Cyber risks add to climate threat, World Economic Forum warns
Recommendation
Louvre will undergo expansion and restoration project, Macron says
The Masked Singer: Former Nickelodeon Icon and Friday Night Lights Alum Get Unmasked
Why Love Is Blind's Paul Says Micah and Irina Do Not Deserve the Level of Criticism Received
Australia's Great Barrier Reef is hit with mass coral bleaching yet again
Taylor Swift Eras Archive site launches on singer's 35th birthday. What is it?
Tour de France crash reportedly caused by fan taking selfie draws pleas for caution
Gunman in New Zealand kills 2 people ahead of Women's World Cup
The wildfires burning in the Southwest are bad but 'not unprecedented'