Public Charity

Minnesota Black Collective Foundation

Minnesota Black Collective Foundation is a Public Charity headquartered in Minneapolis, MN. Financial data from the 2025 filing: $2.3M revenue, $2.4M expenses, $5.0M total assets. 13 publicly reported grants to this organization, totaling roughly $4.8M, appear in IRS filings.

EIN: 883613546 Minneapolis, MN Community Foundations NTEE: T31 Latest filing: 2025
Total Revenue$2.3M
Total Expenses$2.4M
Total Assets$5.0M
Grant Records13
Funding Total$4.8M
Filing Years2022–2025

Mission

Our mission is to build Black philanthropic power to strengthen the ecosystem of Black-led social, political, and economic change in Minnesota and beyond.

Where $100 goes at Minnesota Black Collective Foundation

How Minnesota Black Collective Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 4 years.

$81 Programs the work itself
$12 Management running the organization
$7 Fundraising raising the next dollar

Inside the $81 for programs

$32
MN Legal Education, Advocacy, and Defense (MN LEAD)
39% of program spending
$26
New Suns Fellowship
32% of program spending
$15
Events & Convenings
18% of program spending

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Chair/Secretary Aretha Green-Rupert
Sr Director of Impact Cemar Peterson
Treasurer Jai Winston
President & Co-Founder Lulete Mola
Board Member Rachel Hardeman
Board Member Shawntera Hardy

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$4,785,285 11 grants

Financial Trends

Year Revenue Expenses Assets
2025 $2.3M $2.4M $5.0M
2024 $2.8M $2.1M $5.2M
2023 $5.9M $1.5M $4.7M
2022 — — —

Between 2023 and 2025, reported annual revenue declined from $5.9M to $2.3M (-60%), with total assets most recently reported at $5.0M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for Minnesota Black Collective Foundation

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