Insights to Impact

The Latest from Brooklyn Community Foundation

January 2018

Sarah Shannon
Chief Operating Officer

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.

Liane Stegmaier
Vice President of Communications and Strategy

The Spark Prize recognizes outstanding pioneering nonprofit organizations rooted in the borough that have demonstrated a deep commitment to advancing racial and social justice.

Cecilia Clarke
President & CEO

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!