Brooklyn Community Foundation Annual Report (2011)

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a year of doing good in brooklyn

brooKlyn community foundation annual report 2011

education & youth achievement fund

arts for all fund

caring neighbors fund

community development fund

green communities fund

$918,000 44 grants

$637,500 53 grants

$623,000 37 grants

$610,000 22 grants

$370,500 22 grants

strategy: Support programs and services for families, seniors, the disabled, and other vulnerable Brooklynites who face immediate or longer-term threats of hunger, homelessness, isolation, or unmet health needs.

strategy: Help stabilize and enhance Brooklyn’s neighborhoods with affordable housing and workforce development programs that encourage economic empowerment and planned growth.

strategy: Invest in Brooklyn’s cultural organizations, which provide access, enlightenment, and enjoyment for people of all ages, backgrounds, and abilities—through programs in schools, local theaters, museums, institutes, and public spaces.

strategy: Ensure that all Brooklynites, particularly youth living at or below the poverty line, have access to enriching educational and extracurricular opportunities that encourage career interests, mentoring relationships, and development of leadership skills.

strategy: Make our communities healthier by increasing and maintaining open space and waterfront access, encouraging green practices and healthy food initiatives, and helping to create green jobs.

2011 grantmaKing $3,159,000 through 178 grants

Henry Ward Beecher preached against slavery and advocated for women’s suffrage at which Brooklyn Heights’ church from 1847 to 1887?

The Cumberland Cafeteria, opposite the Brooklyn Navy Yard, was the first home to what ‘sweet’ Brooklyn brand?

A: Forsythia

Neil Diamond, Barbra Streisand, Elaine de Kooning, and Mae West all attended what Flatbush high school?

A: Sweet & Low

In 1968, which Brooklynite became the first African-American woman elected to the House of Representatives?

A: Plymouth

A: Erasmus Hall

A: Shirley Chisholm

Grants were awarded to the most effective, innovative programs submitted through open, competitive review in January and July, and were distributed through five strategic funds that focus on improving the quality of life for all Brooklynites and enable our donors to direct their giving toward the areas that matter to them most.

Mrs. Florence A. Blum succeeded in making which yellow bloom Brooklyn’s official flower in 1940?

place based giving

a deeper view of our grantmaking

grantmaKing across our communities

linKing grants across our funds for greater impact

With over 70 neighborhoods and 2.5 million residents, Brooklyn is a vast community made of many smaller communities—each with its own unique history and culture. Our grantmaking focuses on supporting leadership and organizations with deep local roots that truly understand the needs of the community and work hand-in-hand with residents to achieve shared goals.

north brooKlyn

brownstone brooKlyn

$187,500 / 9 grants

$610,000 / 45 grants

central brooKlyn boroughwide

$973,000 / 46 grants

$670,500 / 30 grants south brooKlyn

$258,000 / 15 grants

flatbush brooKlyn

coastal brooKlyn

$323,000 / 21 grants

$137,500 / 12 grants

multi year initiatives peter Jay sharp youth arts fellowship A new arts mastery fellowship for talented Brooklyn high school students, seeded by a $75,000 three-year gift from the Peter Jay Sharp Foundation. Ten fellows were selected from nominations by Brooklyn-based arts organizations, which each received $2,500 in scholarship support. Over the school year, fellows visited BAM, Brooklyn Museum, Mark Morris Dance Center, and Brooklyn College, and received expert advice and support on pursuing careers in the arts. brooKlyn greens 2011 marked the first full year of funding for our three-year $750,000 environmental collaboration in Bedford Stuyvesant, Southside Williamsburg, and Cypress Hills/East NY to create a roadmap for sustainability across the entire borough. Partners in the initiative began reporting on their activities—green job training, community gardening and farmers markets, retrofitting homes and public spaces, employing energy efficiencies—to inform our efforts in making Brooklyn the greenest city on the planet. central brooKlyn stem In February 2011, we expanded our ongoing partnership with Polytechnic Institute of New York University (NYU-Poly) to encourage more Brooklyn youth to explore careers in the fields of science, technology, engineering and mathematics (STEM). Our three-year $500,000 grant aims to triple the number of under-resourced Central Brooklyn elementary, middle, and high schools that employ students’ fascination with robots to engage their interest in STEM subjects. Additional multi-year support made in 2011, totaling $1,340,000, backed high-impact projects at the Brooklyn Academy of Music, Brooklyn Botanic Garden, Brooklyn Children’s Museum, Brooklyn College, Brooklyn Cooperative Credit Union, Fifth Avenue Committee, Prospect Park Alliance, St. John’s Bread and Life, and Weeksville Heritage Center.

financials

Many of our grants achieve aims beyond the strategy of a specific Fund. We believe in a comprehensive, multi-pronged approach to creating access, equity, and empowerment in Brooklyn’s communities wrestling with such challenges as poverty, hunger, unemployment, environmental hazards, and poor educational opportunities.

LiABiLitiES Accounts Payable & Accrued Expenses $ Grants Payable Deferred Rent Payable total Liabilities $

111,570 3,522,000 30,038 3,663,608

nEt ASSEtS Unrestricted Temporarily Restricted total net Assets total Liabilities & net Assets

revenue

$

52,515,225 318,820 52,834,045

$

56,497,653

$

expenses

statement of activities REvEnuE Contributions Interest & Dividend Revenue total Revenue ExpEnSES Grants & Program Services Management & General Fundraising total Expenses Net Investment Losses Change in Net Assets Net Assets, Beginning of Year net Assets, End of Year

Capacity Building Youth Development Education family stability Arts Access affordable housing worKforce development Civic Engagement Major Institution open space food access Youth Arts Mastery environmental education College Access senior independence Mentoring Adult Literacy Economic Development special needs Health and Wellbeing Professional Development

other initiatives nyc haitian community hope & healing fund Brooklyn’s sizable Haitian community is still contending with the aftershocks of the 2010 earthquake. In the second year of this emergency fund, with support from Altman Foundation, Seth Sprague Educational & Charitable Foundation, and St. Francis College, we provided six targeted grants totaling $100,000 to nonprofits tackling enduring issues of immigration, trauma, employment, housing, and more. micro grants In 2011, we made 16 $500 grants to support smaller scale projects and organizations throughout Brooklyn. An additional $9,000 was distributed through our newly launched Brooklyn Community Garden Fund, which provided 29 local gardens with funds for new tools and supplies and programs for garden neighbors. hope reichbach memorial fund Created to honor the life of a remarkable young Brooklynite, the fund was established by Hope’s family and friends to provide Brooklyn-based professional development opportunities and financial support for college students pursuing careers in community organizing, advocacy, and civic leadership.

our team

As of December 31, 2011

statement of financial position ASSEtS Cash & Cash Equivalents 2,209,286 $ Contributions, Income Receivable & Prepaid Expenses 458,380 Recoverable Grants Receivable 3,105,500 Investments 50,551,725 Net Leasehold Improvements, Property & Equipment 172,762 total Assets $ 56,497,653

$362,500 $335,000 $270,500 $245,000 $197,500 $175,000 $170,000 $130,000 $125,000 $118,000 $110,000 $110,000 $107,500 $100,000 $95,000 $90,000 $80,000 $75,000 $65,000 $58,000 $25,000

$ $

$

$ $

$

1,126,275 676,510 1,802,785

4,728,968 270,634 346,753 5,346,355 (1,191,447) (4,735,017) 57,569,062 52,834,045

board of directors Alan H. Fishman, Chairman Hildy Simmons, Vice Chairman Martin M. Baumrind Robert Catell Rohit M. Desai Donald Elliott Edward F. Gentner, Jr., Esq. Ralph Herzka Malcolm MacKay Richard W. Moore Maria Fiorini Ramirez Constance R. Roosevelt Michael Sherman Claire Silberman Rev. Emma Jordan Simpson

staff Marilyn G. Gelber, President Michael J. Burke Anna French Diane John Stuart Post Liane Stegmaier Alex Villari Toya Williford get in touch Brooklyn Community Foundation 45 Main Street, Suite 409 Brooklyn, NY 11201 Facebook.com/DoGoodBklyn Twitter.com/DoGoodBklyn 347-750-2310


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