January News: How Will the New Tax Law Impact Your Giving? | Get Your Tickets to the Spark Prize Celebration + More from Your Community Foundation

January 25, 2018

Spark Prize Celebration: Join Us as We Honor Great Brooklyn Nonprofits!

February 8th Breakfast Also Salutes Hildy Simmons

In two weeks, we’re proud to host a unique celebration of Brooklyn’s nonprofit sector with the presentation of our annual $100,000 Spark Prize to five outstanding organizations—Cave Canem, Center for Law and Social Justice, Griot Circle, Exalt Youth, and Red Hook Initiative—at a breakfast event hosted by Ana Gasteyer (Saturday Night Live, Mean Girls) at 501 Union.

We hope you’ll be there as we spotlight their work in Brooklyn’s communities and pay tribute to philanthropic leader Hildy Simmons, who will be presented with our Spark Prize honor by Fran Barrett, the statewide nonprofit liaison to Governor Cuomo.

The event is the culmination of an intensive year-long process led by our Spark Prize Committee, who selected the award recipients from a highly competitive pool of over 130 applicants.

Tickets are going fast: Purchase yours today – or consider a digital journal ad or sponsorship to send a message of congratulations to Hildy and the Spark Prize recipients!

Guidance for Giving Under the New Tax Law

The passing of the Tax Cuts and Jobs Act 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.

On our blog, we explain the changes and how you can adjust your charitable giving strategy to make the most of what you give, and when you give—and why this might be the year you want to open a Donor Advised Fund.

Immigrant Rights and the Muslim Ban: One Year Later

This weekend marks the one year anniversary of the Trump Administration’s first “Muslim Ban,” which created a shockwave of confusion, anxiety, and uncertainty across Brooklyn’s communities and led to months of litigation and attempts at further restrictions on immigration, including the decision to end DACA protections last fall.

As we reflect on the past year, we want to extend our deepest appreciation to the front-line organizations that have been lifelines to immigrant families throughout our borough. Through our Immigrant Rights Fund (IRF), we have distributed $425,000 to 35 nonprofits for emergency legal aid, social services, advocacy, and more.

Next month, join Foundation President & CEO Cecilia Clarke for a symposium hosted by IRF grantee the Center for Family Life to discuss supporting immigrant parents facing forced separation. Please RSVP to Julia Jean Francois at jjfrancois@sco.org if you would like to attend.

Learn about all of our IRF grantees and consider a gift to the fund to continue and enhance this vital channel of support.