Fund-Holders Grant $1 Million + More News from Your Community Foundation

August 20, 2015

Fund Holders Make Grants of Over $1 Million in First Half of 2015 

Brooklyn Community Foundation has become the go-to for local donors looking to make a lasting charitable commitment. 

Through our Donor Advised Fund (DAF) program, which provides a convenient and cost-saving alternative to creating a private foundation, fund holders direct their own grants to a broad range of nonprofits of their own choosing. 

We’re thrilled to share that our fund holders have given out almost $1.1 million in grants in the first half of 2015 -- already surpassing last year's total DAF giving. Plus, more than 80% went to Brooklyn-based nonprofits. 

This is a milestone for philanthropy in our borough. Moreover, through our modest fee structure, revenue from our DAFs goes straight back to  communities through our Community Fund for grantmaking and other strategic initiatives.

Want to learn more about our Donor Advised Fund program? Talk to our Donor Services team today at 718-480-7504 or email sshannon@bcfny.org.


 

Grant Opportunity: Neighborhood Strength

We’re proud to announce our first-ever resident-led grantmaking program through our Neighborhood Strength initiative. 

This year, the program is focusing on Crown Heights (also the Foundation’s home), where an advisory council of local stakeholders has identified four key issue areas: 

  • Housing Rights
  • Youth Opportunities
  • Cross-Cultural Relations
  • Policing

The Crown Heights Grant Program will specifically support advocacy and organizing projects. Nonprofits, community groups, and residents are invited to apply now through September 23, 2015 for grants ranging from $5,000 to $25,000.