//
Also known as: & NEW YORK LIBERTY FOUNDATION
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
The Brooklyn Nets & New York Liberty Foundation is a private corporation based in BROOKLYN, NY. The foundation received its IRS ruling in 2007. The principal officer is Brooklyn Basketball LLC. It holds total assets of $596K. Annual income is reported at $1.2M. Total assets have decreased from $768K in 2010 to $11K in 2022. The foundation is governed by 4 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2018 to 2023. Grantmaking is concentrated in New York. According to available records, The Brooklyn Nets & New York Liberty Foundation has made 77 grants totaling $2.2M, with a median grant of $15K. Annual giving has grown from $23K in 2020 to $1.1M in 2023. Grantmaking activity was highest in 2022 with $1.1M distributed across 36 grants. Individual grants have ranged from $625 to $200K, with an average award of $29K. The foundation has supported 55 unique organizations. The foundation primarily supports organizations in New York, District of Columbia, California, which account for 91% of all grants. Grantmaking reaches organizations across 10 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$14K
Average Grant
$32K
Largest Grant
$200K
Based on 18 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
The Brooklyn Nets & New York Liberty Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 77 grants. Its grantmaking reaches organizations primarily in NY, DC, CA.
The Brooklyn Nets & New York Liberty Foundation has distributed a total of $2.2M across 77 grants. The median grant size is $15K, with an average of $29K. Individual grants have ranged from $625 to $200K.
The Brooklyn Nets & New York Liberty Foundation typically selects its grantees rather than accepting unsolicited proposals.
The Brooklyn Nets & New York Liberty Foundation is headquartered in BROOKLYN, NY. While based in NY, the foundation distributes grants to organizations across 10 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| John Abbamondi | PRESIDENT | $0 | $0 | N/A |
| Jeffrey Gewirtz | SECRETARY | $0 | $0 | N/A |
| Daakeia Clarke | VICE PRESIDENT | $0 | $0 | N/A |
| Peter Stern | TREASURER | $0 | $0 | N/A |
Total Giving
$1.2M
Total Assets
$11K
Fair Market Value
$11K
Net Worth
$4K
Grants Paid
$1.1M
Contributions
$154K
Net Investment Income
N/A
Distribution Amount
$25K
Total Grants
77
Total Giving
$2.2M
Average Grant
$29K
Median Grant
$15K
Unique Recipients
55
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Anti-Defamation LeagueGENERAL OPERATING SUPPORT | New York, NY | $100K | 2023 |
| Good Shepherd ServicesDONATION IN HONOR OF MLK DAY | New York, NY | $10K | 2023 |
| Smithsonian InstitutionDONATION TO SUPPOR THE NMAAHC MISSION | Washington, DC | $200K | 2023 |
| The Fund For Public Schools IncDONATION FOR FUNDING AFTER SCHOOL PROGRAMS | New York, NY | $150K | 2023 |
| Levy- Thanksigvining DinnersDONATION TO FUND THANKSGIVING MEALS FOR THE LESS FORTUNATE | Brooklyn, NY | $91K | 2023 |
| Simon Wiesenthal Center"DONATION TO ERADICATE HATE AND INTOLERANCE IN SURROUNDING NEW YORK CITY AREA" | Los Angeles, CA | $72K | 2023 |
| The Roots Fund IncorporatedDONATION TO THEIR BALL STARS YOUTH PROGRAM | Berlin, CT | $50K | 2023 |
| Hebrew Education Society Of BrooklynDONATION FOR THEIR PROGRAMMING | Brooklyn, NY | $36K | 2023 |
| Maimonidies Medical CenterDONATION TO SUPPORT THEIR PINK RUNWAY EVENT | Brooklyn, NY | $25K | 2023 |
| A Little Piece Of LightDONATION FOR THEIR PROGRAMMING | Brooklyn, NY | $25K | 2023 |
| Park Slope Jewish CenterDONATION TO THE TEMPLE | Brooklyn, NY | $18K | 2023 |
| Chabad Of Windsor TerraceDONATION TO THE TEMPLE | Brooklyn, NY | $18K | 2023 |
| Brooklyn Heights SynagogueDONATION TO THE TEMPLE | Brooklyn, NY | $18K | 2023 |
| Chabad Of Prospect HeightsDONATION TO THE TEMPLE | Brooklyn, NY | $18K | 2023 |
| Jewish Community Relations CouncilGENERAL OPERATING SUPPORT | New York, NY | $18K | 2023 |
| Congregation B'Nei JacobDONATION TO THE TEMPLE | Brooklyn, NY | $18K | 2023 |
| Institute For Jewish & Community ResearchGENERAL OPERATING SUPPORT | Astoria, NY | $18K | 2023 |
| Museum Of Jewish Heritage A Living Memorial To The HolocaustCONTRIBUTION TO SUPPORT THE MUSEUM'S EDUCATIONAL WORK TO ERADICATE HATE AND INTOLERANCE | New York, NY | $18K | 2023 |
| Boro Park Jewish Community CouncilGENERAL OPERATING SUPPORT | Brooklyn, NY | $18K | 2023 |
| Chabad Of Clinton HillDONATION TO THE TEMPLE | Brooklyn, NY | $18K | 2023 |
| University Of PennsylvaniaDONATION TO SUPPORT THE BASSER JEAN BASH | Philadelphia, PA | $15K | 2023 |
| Madison Square Park ConservatoryDONATION TO SUPPORT TASTE OF ASIA | New York, NY | $15K | 2023 |
| Aspira Of New YorkDONATION IN HONOR OF NOCHE LATINA NIGHT | New York, NY | $10K | 2023 |
| Food Education FundDONATION FOR THEIR PROGRAMMING | New York, NY | $10K | 2023 |
| The National Mentoring PartnershipDONATION IN HONOR OF BILL RUSSELL | Boston, MA | $10K | 2023 |
| Oakland Parks & Recreation FoundationDONATION IN HONOR OF BILL RUSSELL | Oakland, CA | $10K | 2023 |
| Tragedy Assistance Program For Surviors (Taps)DONATION IN HONOR OF HOOPS FOR TROOPS NIGHT | Arlington, VA | $10K | 2023 |
| Alliance College-Ready Public Schools FoundationDONATION TO SUPPORT THEIR LEADERS OF CHANGE FUNDRAISER | Los Angeles, CA | $10K | 2023 |
| Brooklyn United Music & Arts Development Center IncDONATION IN HONOR OF BLACK HISTORY MONTH | Brooklyn, NY | $10K | 2023 |
| Players Philanthropy Fund Dba Welcome To ChinatownDONATION IN HONOR OF AAPI HERITAGE NIGHT | Towson, MD | $5K | 2023 |
| The Book FaiiriesGENERAL DONATION TO THEIR MISSION | Freeport, NY | $5K | 2023 |
| Brooklyn Bridge Park ConservancyDONATION TO SUPPORT THE BROOKLYN BRIDGE PARK GALA | Brooklyn, NY | $5K | 2023 |
| Backline Care IncDONATION TO THEIR WORLD MENTAL HEALTH DAY BENEFIT | Portland, OR | $5K | 2023 |
| Chabad Of Park SlopeDONATION TO THEIR LARGEST MENORAH PROJECT 2023 | Brooklyn, NY | $4K | 2023 |
| Trust For Public LandNYC COMMUNITY SCHOOLYARD | Brooklyn, NY | $75K | 2022 |
| Academy Of Medical & Public Health ServicesDONATION TO THE VICTIMS OF THE SUBWAY SHOOTING | Brooklyn, NY | $50K | 2022 |
| Cellus FoundationDONATION TO THEIR BALL STARS YOUTH PROGRAM | Brooklyn, NY | $50K | 2022 |
| Hudson LinkDONATION FOR THEIR PROGRAMMING | Brooklyn, NY | $25K | 2022 |
| Maimonides Medical CenterDONATION TO SUPPORT THEIR 110TH ANNVIERSARY VIRTUAL GALA. | Brooklyn, NY | $25K | 2022 |
| Chris Carrino FoundationDONATION FOR THEIR "GIVING TUESDAY" CAMPAIGN | Brooklyn, NY | $25K | 2022 |
| Nyc & Company FoundationDONATION FOR THE INVICTUS GAMES | Brooklyn, NY | $15K | 2022 |