Insights to Impact

The Latest from Brooklyn Community Foundation

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Donor Advised Funds

With a bit of planningand consultation with your tax professionalyour year-end giving can be a highly effective tool for long-term investing in charitable organizations in Brooklyn and beyond.

 

We urge you to take a moment to explore what Brooklyn’s community foundation is doing to address pressing challenges, support inspiring nonprofits, and spark lasting change for our borough.

The Joseph E. Mohbat Prize for Writing, which is supported through the Joseph E. Mohbat Fund at Brooklyn Community Foundation, recognizes a Brooklyn public high school senior who has demonstrated a gift of self-expression through writing.

Black Art Futures Fund (BAFF), a collective of philanthropists supporting Black arts organizations, and ALLINBKLYN, a women’s philanthropic initiative, each make annual grants to nonprofits with our administrative support.

 

The passing of the Tax Cuts and Jobs Act (TCJA) in the final weeks of 2017 left many Americans scrambling for advice on how the new legislation will affect what they pay—and what they can deduct—on their federal income taxes. In the past few weeks, a clearer picture has emerged, and it’s one that may be cause for concern for nonprofits around the country. But there are some silver linings.

In 2017, Brooklyn Community Foundation invested $5.4 million in nonprofit programs through our Community Fund and Donor Advised Fund programs—$1.5 million more than the previous year!

Jenny Walski
Vice President of Donor Engagement (She/Her/Hers)

For many of us, this has been a year when charitable giving has been top of mind even more so than in past years. But when the world feels unpredictable and the need greater than ever, it's important to give in a way that achieves the greatest impact.

Jenny Walski
Vice President of Donor Engagement (She/Her/Hers)

November is the time to focus on planning your year-end giving, and establishing a Donor Advised Fund (DAF) at Brooklyn Community Foundation may be the right choice for you. 

Casey Perez
2017 Mohbat Prize Winner

Casey Perez, a graduating senior at Benjamin Banneker Academy in Clinton Hill, is the winner of the 2017 Joseph E. Mohbat Prize for Writing in Memory of Verdery Knights. Casey's essay, reprinted here, earned him the award and a $1500 check, which will be presented to him at the 2017 Benjamin Banneker graduation on June 28th. 

Jenny Walski
Vice President of Donor Engagement (She/Her/Hers)

Personality type matters, even when it comes to supporting community causes and especially if you're considering opening a Donor Advised Fund at Brooklyn Community Foundation.

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