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Brooklyn Community Foundation Annual Report (2011)

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Annual Report for the Brooklyn Community Foundation's 2011 grantmaking year.
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Page 1: Brooklyn Community Foundation Annual Report (2011)
Page 2: Brooklyn Community Foundation Annual Report (2011)

arts for all fund caring neighbors fund community development fund green communities fund

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.

linKing grants across our funds for greater impact

nyc haitian community hope & healing fund

hope reichbach memorial fund

micro grants

peter Jay sharp youth arts fellowship

central brooKlyn stem

education & youth achievement fund

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

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

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?

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

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, andSt. Francis College, we provided six targeted grants totaling $100,000 to nonprofits tackling enduring issues of immigration, trauma, employment, housing, and more.

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 op-portunities and financial support for college students pursuing careers in community organizing, advocacy, and civic leadership.

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.

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.

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.

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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: 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: 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 afford-able housing and workforce development programs that encourage economic empowerment and planned growth.

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.

$918,00044 grants

$637,50053 grants

$623,00037 grants

$610,00022 grants

$370,50022 grants

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.

brooKlyn community foundation annual report 2011

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.

Alan H. Fishman, ChairmanHildy Simmons, Vice ChairmanMartin M. BaumrindRobert CatellRohit M. DesaiDonald ElliottEdward F. Gentner, Jr., Esq.Ralph HerzkaMalcolm MacKayRichard W. MooreMaria Fiorini RamirezConstance R. RooseveltMichael ShermanClaire SilbermanRev. Emma Jordan Simpson

Marilyn G. Gelber, PresidentMichael J. BurkeAnna FrenchDiane JohnStuart PostLiane StegmaierAlex Villari Toya Williford

board of directors staffstatement of financial position statement of activities

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.

grantmaKing across our communities

place based giving a deeper view of our grantmaking

brooKlyn greens2011 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.

multi year initiatives

financials our team

other initiatives

Capacity BuildingYouth DevelopmentEducationfamily stabilityArts Accessaffordable housingworKforce developmentCivic EngagementMajor Institutionopen spacefood accessYouth Arts Masteryenvironmental educationCollege Accesssenior independenceMentoringAdult LiteracyEconomic Developmentspecial needsHealth and WellbeingProfessional Development

$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

ASSEtSCash & Cash Equivalents 2,209,286Contributions, IncomeReceivable & Prepaid Expenses 458,380 Recoverable Grants Receivable 3,105,500Investments 50,551,725 Net Leasehold Improvements, Property & Equipment 172,762 total Assets 56,497,653

LiABiLitiESAccounts Payable & Accrued Expenses 111,570 Grants Payable 3,522,000 Deferred Rent Payable 30,038 total Liabilities 3,663,608

REvEnuEContributions 1,126,275 Interest & Dividend Revenue 676,510 total Revenue 1,802,785

ExpEnSESGrants & Program Services 4,728,968 Management & General 270,634 Fundraising 346,753 total Expenses 5,346,355

Net Investment Losses (1,191,447)Change in Net Assets (4,735,017)Net Assets, Beginning of Year 57,569,062net Assets, End of Year 52,834,045

As of December 31, 2011

nEt ASSEtS Unrestricted 52,515,225 Temporarily Restricted 318,820 total net Assets 52,834,045

total Liabilities & net Assets 56,497,653

revenue expenses

central brooKlyn $973,000 / 46 grants

north brooKlyn $187,500 / 9 grants

boroughwide $670,500 / 30 grants

coastal brooKlyn $137,500 / 12 grants

south brooKlyn $258,000 / 15 grants

flatbush brooKlyn $323,000 / 21 grants

brownstone brooKlyn $610,000 / 45 grants

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through2011 grantmaKing $3,159,000 178 grants

a year of doing good in brooklyn

get in touchBrooklyn Community Foundation45 Main Street, Suite 409Brooklyn, NY 11201Facebook.com/DoGoodBklynTwitter.com/DoGoodBklyn347-750-2310


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