Donor Advised Funds

In our new annual Impact Report, we want to introduce you to our Brooklyn approach to philanthropy aimed at racial justice and community-led change, as told through the voices of our partners who are critical to this work. 
 

If you’ve not yet considered establishing a Donor Advised Fund (DAF) at Brooklyn Community Foundation to organize your charitable giving, you may be missing out. And if you’re already using a DAF at the Foundation to organize your giving, it never hurts to review the benefits of having your fund with us.

In her monthly column, Brooklyn Community Foundation President and CEO Dr. Jocelynne Rainey shares reflections and stories of impact from our work across Brooklyn.

Philanthropy means a “love of humanity”—in the sense of caring, nourishing, developing, and enhancing “what it is to be human” for both donors and the groups they want to support. As Brooklyn’s community foundation, we’re here to help you make that connection to explore ways to give in your community, your way.

Understanding the ideal mix of charitable activities based on your social impact personality type—investor, connector or activator—can be useful as you decide how to spread love in your community. Whatever your type, our team can help you reach your goals.

As donors grow more in tune with social impact, they are looking to structure and plan their charitable giving around the causes that they are passionate about, and are considering ways to incorporate philanthropy into financial and estate plans. 

This spring, grow your family’s philanthropy with the gift of giving: consider establishing a Donor Advised Fund as a way to connect with family members across locales and generations. 

The College Opportunity Fund—a Donor Advised Fund at Brooklyn Community Foundation—was an early investor in NYC Kids RISE’s Queens pilot program, which set the groundwork for the citywide program.  

The Fund supports nonprofits nationwide that work to dismantle barriers to building a successful small business by fostering equal opportunities to creative entrepreneurship.