Community Foundation

THE BLACK BELT COMMUNITY FOUNDATION INC

Based in SELMA, AL, THE BLACK BELT COMMUNITY FOUNDATION INC operates as a Community Foundation. The organization reported $11.5M in revenue, $14.0M in expenses, $26.3M in total assets for fiscal year 2024. Imperigo tracks 77 reported grant relationships connected to this organization totaling approximately $13.2M.

EIN: 631270745 SELMA, AL Community Foundations NTEE: T31 Latest filing: 2024
Total Revenue$11.5M
Total Expenses$14.0M
Total Assets$26.3M
Grant Records77
Funding Total$13.2M
Filing Years2019–2024

Mission

TO ENSURE ALL BLACK BELT RESIDENTS LIVE AND WORK IN HEALTHY, PROSPEROUS, INCLUSIVE, EDUCATED, CREATIVE AND GIVING COMMUNITIES. WE SERVE TWELVE COUNTIES: BULLOCK, CHOCTAW, DALLAS, GREENE, HALE, LOWNDES, MACON, MARENGO, PERRY, PICKENS, SUMTER, AND WILCOX. EACH OF THESE COUNTIES IS CONSIDERED A "PERSISTENT POVERTY COUNTY" AS IDENTIFIED THROUGH THE CENSUS. PERSISTENT POVERTY COUNTIES ARE THOSE WHERE 20% OR MORE OF THE COUNTY RESIDENTS WERE POOR, MEASURED BY THE 1980, 1990, 2000 CENSUSES, AND THE 200-11 AMERICAN COMMUNITY SURVEY. ADDITIONALLY, BBCF OFTENTIMES INVESTS IN THE FOLLOWING 13 STATES: ALABAMA, ARKANSAS, FLORIDA, GEORGIA, KENTUCKY, LOUISIANA, MISSISSIPPI, NORTH CAROLINA, SOUTH CAROLINA, TENNESSEE, TEXAS, VIRGINIA, AND WEST VIRGINIA.

Where $100 goes at The Black Belt Community Foundation Inc

How The Black Belt Community Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$87 Programs the work itself
$12 Management running the organization
$1 Fundraising raising the next dollar

Inside the $87 for programs

$32
Community development
37% of program spending
$31
Promoting & sustaining education
35% of program spending
$21
Southern black girls & women's consortium
25% 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 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

BOARD MEMBER Calida J M Henderson
CHIEF COMMUNITY ENGAGEMENT OFFICER Christopher H Spencer
BOARD MEMBER Clifford O Hunter
VICE CHAIRPERSON Darlene G Robinson
BOARD MEMBER Eugene Martin
PRESIDENT Felecia Lucky

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$9,505,935 45 grants
Health & Medicine
$2,170,000 5 grants
Economic Development
$460,000 3 grants
Research & Policy
$268,394 2 grants
Human & Social Services
$170,000 3 grants

Financial Trends

Year Revenue Expenses Assets
2024 $11.5M $14.0M $26.3M
2023 $31.7M $15.0M $29.2M
2022 $16.1M $11.8M $13.2M
2020 $12.2M $9.1M $7.9M
2019 $5.7M $6.0M $2.9M

Between 2019 and 2024, reported annual revenue grew from $5.7M to $11.5M (+100%), with total assets most recently reported at $26.3M.

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

See the full picture for THE BLACK BELT COMMUNITY FOUNDATION INC

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