Current:Home > MarketsBrooklyn Org’s rebrand ditches ‘foundation’ from its name for being ‘old’ and ‘controlling’ -文件: temp/data/webname/news/nam2.txt
Brooklyn Org’s rebrand ditches ‘foundation’ from its name for being ‘old’ and ‘controlling’
View
Date:2025-04-15 16:32:56
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! (441)
Related
- NCAA President Charlie Baker would be 'shocked' if women's tournament revenue units isn't passed
- The number of electric vehicle charging stations has grown. But drivers are dissatisfied.
- 'I didn't like what I saw': Carli Lloyd doubles down on USWNT World Cup criticism
- 'Means the world': Pink responds to being first female stadium headliner in Wisconsin
- FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
- Entire police department in small Minnesota city resigns, citing low pay
- Target's sales slump for first time in 6 years. Executives blame strong reaction to Pride merch.
- 'Error in judgement:' Mississippi police apologize for detaining 10-year-old
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- Got a kid headed to college? Don't forget the power of attorney. Here's why you need it.
Ranking
- Organizers cancel Taylor Swift concerts in Vienna over fears of an attack
- Offense has issues, Quinnen Williams wreaks havoc in latest 'Hard Knocks' with Jets
- Biden to visit Maui on Monday as wildfire recovery efforts continue
- Michigan State University plans to sell alcohol at four home football games
- Meet 11-year-old skateboarder Zheng Haohao, the youngest Olympian competing in Paris
- Aaron Judge: 'We're not showing up' as last place Yankees crash to .500 mark
- Blind Side family accuses Michael Oher of shakedown try
- Body of strangled 11-year-old Texas girl found hidden under bed after sex assault, police say
Recommendation
Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
Foreign invaders: Japanese Beetles now laying eggs for next wave of march across country
'The Blind Side' subject Michael Oher is suing the Tuohy family. Many know the pain of family wounds.
New gun analysis determines Alec Baldwin pulled trigger in 'Rust' shooting, prosecutors say
Jury finds man guilty of sending 17-year-old son to rob and kill rapper PnB Rock
Beat the Heat and Maximize Your Fun With Chloe Fineman’s Summer Essentials
Leonard Bernstein's family defends appearance in Maestro nose flap
Tesla's new Model X and S standard range electric cars are cheaper, but with 1 big caveat