Overview
What is Brooklyn Community Foundation?
The Brooklyn Community Foundation is a unique nonprofit organization based in Brooklyn, New York. It is the solitary public foundation exclusively committed to Brooklyn's charitable community. By mobilizing people, resources, and expertise, they aim to foster long-lasting social change in Brooklyn, working towards a fair and just borough.
Official website here: www.brooklyncommunityfoundation.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 98%, Four-Star out of Four Star rating.
Brooklyn Community Foundation demonstrates strong performance in financial accountability and governance, achieving a 100% score in Accountability & Finance. The nonprofit has an independent board with 100% of its members being independent, which contributes to robust oversight and transparency. Additionally, they maintain high standards in financial management, as indicated by their excellent ratios for liabilities to assets, program expenses, and fundraising efficiency.
While the foundation excels in accountability, its Culture & Community score of 79 suggests there is room for improvement in areas related to community engagement and organizational culture. They have reported implementing four equity practices, reflecting a commitment to equity and inclusion within their operational strategies. This indicates that they are actively working on enhancing their impact in the community.
Overall, Brooklyn Community Foundation's high rating underscores its effective financial management and commitment to accountability, while also highlighting the importance of continuing to strengthen its community and cultural initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Brooklyn Community Foundation legitimate?
Brooklyn Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Brooklyn Community Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $169,426
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,384,032
For more financial information, click here
Official website here: www.brooklyncommunityfoundation.org
What is the mission statement of Brooklyn Community Foundation?
The Brooklyn Community Foundation is a unique entity in the charitable sector, focusing solely on Brooklyn's community needs. Its mission is geared towards fostering enduring social change. By mobilizing people, resources, and expertise, the foundation strives for a fair and just society within Brooklyn. Through its efforts, it aims to create a significant impact on the community, ensuring a more equitable future for all. The foundation serves as a catalyst for positive transformation, using its resources and influence to address social issues and promote a fairer, more just Brooklyn.
Official website here: www.brooklyncommunityfoundation.org
Who is the CEO of Brooklyn Community Foundation?
Michael Gillespie is the Co-Chair of Brooklyn Community Foundation. The CEO's salary of Brooklyn Community Foundation is $123,838 and their total compensation is $151,326.
Official website here: www.brooklyncommunityfoundation.org
What is the revenue of Brooklyn Community Foundation?
Brooklyn Community Foundation's revenue in 2022 was $36,110,800.
Official website here: www.brooklyncommunityfoundation.org
Who are the executives of Brooklyn Community Foundation and what are their salaries?
The average compensation at Brooklyn Community Foundation during 2022 was $57,535. There are 27 employees and 31 volunteers at Brooklyn Community Foundation.
Here are 38 key members and their salaries (Brooklyn Community Foundation's CEO's salary is $123,838 and their total compensation is $151,326):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $123,838
- Related: $0
- Other: $27,488
- Compensation: $157,965
- Related: $0
- Other: $42,962
- Compensation: $104,638
- Related: $0
- Other: $37,515
- Compensation: $145,667
- Related: $0
- Other: $23,102
- Compensation: $112,643
- Related: $0
- Other: $19,126
Official website here: www.brooklyncommunityfoundation.org
Where can I find the form 990 for Brooklyn Community Foundation?
Brooklyn Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.brooklyncommunityfoundation.org
Learn more at the official website: www.brooklyncommunityfoundation.org
Mission Statement of Brooklyn Community Foundation
The Brooklyn Community Foundation, a unique philanthropic organization, strives to instigate enduring social justice transformation in Brooklyn. By mobilizing people, resources, and expertise, this foundation aspires to foster a fair and just Brooklyn community.
With a singular focus on Brooklyn's charitable sector, the Brooklyn Community Foundation serves as a catalyst for lasting change. It harnesses the power of collective action, bringing together individuals and organizations to create a more equitable and inclusive Brooklyn. Through strategic grantmaking, capacity building, and community leadership initiatives, the foundation empowers local organizations and amplifies their impact.
In essence, the Brooklyn Community Foundation is more than just a grant-making institution. It is a bridge that connects diverse sectors of the community, fostering collaboration and driving innovative solutions to complex social issues. Its mission is to make a real difference in the lives of Brooklynites, ensuring that everyone has an opportunity to thrive in a fair and just society.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Brooklyn Community Foundation has made a significant impact by sparking lasting social justice change in Brooklyn. By mobilizing people, capital, and expertise, the Foundation has initiated programs and initiatives that foster equity and support the region’s diverse communities. As the only public foundation focused exclusively on Brooklyn’s charitable needs, it plays a crucial role in addressing local challenges and empowering residents. Through grants and resources, the Foundation strengthens community organizations, amplifies marginalized voices, and promotes solutions to systemic issues, ultimately working towards a fair and just Brooklyn for all.
This information is meant to be a general summary of Brooklyn Community Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $15,372,245
- Gross Receipts: $50,086,544
Assets and Liabilities:
- Total Assets: $115,930,588
- Total Liabilities: $1,887,371
- Net Assets: $114,043,217
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1998
Phone
(718) 480-7500Principal Officer
Michael Gillespie
Main Address
1000 DEAN STREET 307, BROOKLYN, NY, 11238
NTEE Category
Code: T21 - Philanthropy
If you are a representative of Brooklyn Community Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.