Public Charity

MBL Foundation Inc

MBL Foundation Inc, of Richmond, VA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $1.1M in revenue, $568K in expenses, $1.4M in total assets. 13 publicly reported grants to this organization, totaling roughly $515K, appear in IRS filings.

EIN: 770698911 Richmond, VA Latest filing: 2024
Total Revenue$1.1M
Total Expenses$568K
Total Assets$1.4M
Grant Records13
Funding Total$515K
Filing Years2020–2024

Mission

We empower businesses and professionals to be successful.

Officers & Directors

Director Andrea Lyons
Vice Secretary Brittany Rawlinson
Treasurer Chris Layne
Secretary David Lefebvre
Director Elsa Eslava-Smith
President & CEO Floyd E Miller Ii

Officer compensation and complete director data available with membership.

Top Grant Purposes

ECONOMIC PROSPERITY
$326,000 3 grants
SEE PART IV
$32,500 1 grant
FINANCIAL SUPPORT FOR MINORITY-OWNED BUSINESSES,TO SUPPORT SMALL, WOMEN AND MINORITY-OWNED BUSINESSES WITH THE NEEDED BUSINESS RESOURCES, TRAINING, FINANCIAL COUNSELING, CAPITAL, AND ASSISTANCE TO STRATEGICALLY SUSTAIN AND RECOVER FROM THE IMPACT OF COVID-19.,GENERAL PURPOSES
$31,000 1 grant
CHARITABLE DONATION
$30,000 2 grants
1 GRANT(S) FOR VARYING PURPOSES
$25,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $1.1M $568K $1.4M
2023 $969K $376K $1.0M
2022 $1.5M $707K $1.2M
2021 $1.4M $586K $830K
2020 $587K $181K $310K

Between 2020 and 2024, reported annual revenue grew from $587K to $1.1M (+82%), with total assets most recently reported at $1.4M.

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

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