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    5. Brooklyn Historical Society
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    Brooklyn Historical Society

    Activo
    BROOKLYN, NYSitio web7182302165EIN: 11-16308131 declaraciones registradas

    About Brooklyn Historical Society

    The Brooklyn Historical Society’s giving is singularly focused on sustaining Brooklyn’s public cultural infrastructure, demonstrated by a one-time, large transfer tied to an organizational merger with the Brooklyn Public Library. The foundation’s activity centers on preserving and administering local history collections and ensuring public access to those resources through institutional consolidation. Its recent grant reflects stewardship of archival assets and a strategy of institutional integration rather than ongoing program support.

    Focus Areas

    Brooklyn public history and archives (preservation and stewardship of local historical collections)Support for Brooklyn library systems and public access to local historyInstitutional consolidation and affiliation transactions to sustain cultural nonprofits in Brooklyn

    Who They Fund

    Brooklyn residents / local communityresearchers and historiansstudents and educatorsgeneral public users of library and historical resources

    Giving Approach

    Financial Snapshot

    Annual Giving

    $692K

    Total Assets

    $0

    Total Revenue

    $1.3M

    Total Expenses

    $1.3M

    Typical Grant Size

    Most grants fall between $692K and $692K, with a median of $692K.

    25th Percentile

    $692K

    Median

    $692K

    75th Percentile

    $692K

    Geographic Reach

    Local1 state funded

    About 100% of grants go to recipients in NY.

    Intensidad de financiamiento
    Baja
    Alta
    Sede

    Leadership

    KAREN SHEEHAN

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    Política de privacidadTérminos de servicioEstado del sistema

    Highly concentrated, one-time large grant tied to a merger/affiliation; not a distributed or recurring grantmaking pattern—focuses on institutional-level transactions rather than multiple program grants.

    Funding Style

    institutional consolidation/mergerasset integration and stewardshipadministrative continuity under surviving entitylong-term organizational affiliation

    Notable grantees: Brooklyn Public Library, Brooklyn Historical Society (merged entity), New York State Board of Regents (as chartering/oversight party in the merger)

    Topics

    public library serviceslocal history and historical society operationsarchival collection managementcultural heritage preservationpublic access to research and educational resources
    Latest 990 Filing

    2024

    Source: IRS Form 990-PF, fiscal year 2024.

    Recent Grants

    Most recent grants reported to the IRS.

    RecipientLocationAmountYearPurpose
    BROOKLYN PUBLIC LIBRARYBROOKLYN, NY$692,0062024DISSOLUTIONON JUNE 13, 2023, THE BROOKLYN PUBLIC LIBRARY WAS FORMALLY MERGED WITH THE BROOKLYN HISTORICAL SOCIETY (THE "SOCIETY") UNDER THE CHARTER OF THE NEW YORK STATE BOARD OF REGENTS. BROOKLYN PUBLIC LIBRARY, THE SURVIVING ENTITY, WILL CONTINUE TO ADMINISTER THE PURPOSES OF THE MERGED ENTITIES. PRIOR TO THE MERGER, ON OCTOBER 1, 2020, THE LIBRARY ENTERED INTO AN AFFILIATION AGREEMENT WITH THE SOCIETY WHEREBY THE SOCIETY RE-ORGANIZED ITS CORPORATE STRUCTURE AS A MEMBERSHIP ORGANIZATION AND WHEREBY THE LIBRARY BECAME THE SOLE CORPORATE MEMBER OF THE SOCIETY ON THE DATE OF THE AFFILIATION AGREEMENT. IN ACCORDANCE WITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA ("U.S. GAAP"), THE LIBRARY ACCOUNTED FOR THE AFFILIATION AGREEMENT AS THOUGH THE LIBRARY ACQUIRED THE SOCIETY, AS OF THE AFFILIATION DATE, AND IN DOING SO, THE LIBRARY RECOGNIZED $15,819,686 IN NET ASSETS ON THE DATE OF THE AFFILIATION AGREEMENT AT FAIR VALUE.

    BROOKLYN PUBLIC LIBRARY

    $692,006
    BROOKLYN, NY2024

    DISSOLUTIONON JUNE 13, 2023, THE BROOKLYN PUBLIC LIBRARY WAS FORMALLY MERGED WITH THE BROOKLYN HISTORICAL SOCIETY (THE "SOCIETY") UNDER THE CHARTER OF THE NEW YORK STATE BOARD OF REGENTS. BROOKLYN PUBLIC LIBRARY, THE SURVIVING ENTITY, WILL CONTINUE TO ADMINISTER THE PURPOSES OF THE MERGED ENTITIES. PRIOR TO THE MERGER, ON OCTOBER 1, 2020, THE LIBRARY ENTERED INTO AN AFFILIATION AGREEMENT WITH THE SOCIETY WHEREBY THE SOCIETY RE-ORGANIZED ITS CORPORATE STRUCTURE AS A MEMBERSHIP ORGANIZATION AND WHEREBY THE LIBRARY BECAME THE SOLE CORPORATE MEMBER OF THE SOCIETY ON THE DATE OF THE AFFILIATION AGREEMENT. IN ACCORDANCE WITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA ("U.S. GAAP"), THE LIBRARY ACCOUNTED FOR THE AFFILIATION AGREEMENT AS THOUGH THE LIBRARY ACQUIRED THE SOCIETY, AS OF THE AFFILIATION DATE, AND IN DOING SO, THE LIBRARY RECOGNIZED $15,819,686 IN NET ASSETS ON THE DATE OF THE AFFILIATION AGREEMENT AT FAIR VALUE.