Public Charity

BLACK ECONOMIC ALLIANCE FOUNDATION

BLACK ECONOMIC ALLIANCE FOUNDATION is a Public Charity headquartered in WASHINGTON, DC. Financial data from the 2024 filing: $22.9M revenue, $8.8M expenses, $28.9M total assets. IRS filings disclose 15 grants awarded by this foundation, totaling roughly $21.6M.

EIN: 833790370 WASHINGTON, DC Single Organization Support NTEE: T11 Latest filing: 2024
Total Revenue$22.9M
Total Expenses$8.8M
Total Assets$28.9M
Grants Given15
Grant Total$21.6M
Filing Years2020–2024

Mission

THE ORGANIZATION FOCUSES ON ADVANCING ECONOMIC PROGRESS IN BLACK COMMUNITIES BY SUPPORTING RESEARCH, EDUCATION, AND PUBLIC POLICY DEVELOPMENT AROUND WORK, WAGES, AND WEALTH IN THE BLACK COMMUNITY.

Sample Grants Given

ATLANTA, GA · 2024
TO SUPPORT THE CENTER FOR BLACK ENTREPRENEURSHIP
$1,250,000
WASHINGTON, DC · 2024
TO FUND SECTION 501(C)(3) - PERMISSIBLE ACTIVITIES
$247,380
WASHINGTON, DC · 2024
NONPARTISAN ACTIVITY AND POLLING RELATED TO ECONOMIC OPPORTUNITIES FOR BLACK AMERICANS
$200,000
WASHINGTON, DC · 2024
NONPARTISAN ACTIVITY AND POLLING RELATED TO ECONOMIC OPPORTUNITIES FOR BLACK AMERICANS
$179,887
WASHINGTON, DC · 2024
NONPARTISAN ACTIVITY AND POLLING RELATED TO ECONOMIC OPPORTUNITIES FOR BLACK AMERICANS
$50,000

Showing up to 5 of 15 total records — full history available with membership.

Officers & Directors

EXECUTIVE VICE PRESIDENT Alaina Beverly
DIRECTOR Beneree Wiley
DIRECTOR Broderick Johnson
DIRECTOR, SECRETARY Charles Phillips
DIRECTOR Deval Patrick
DIRECTOR Kneeland Youngblood

Officer compensation and complete director data available with membership.

Top Grant Purposes

TO SUPPORT THE CENTER FOR BLACK ENTREPRENEURSHIP
$18,550,000 7 grants
EDUCATION
$2,200,000 2 grants
NONPARTISAN ACTIVITY AND POLLING RELATED TO ECONOMIC OPPORTUNITIES FOR BLACK AMERICANS
$429,887 3 grants
TO FUND SECTION 501(C)(3) - PERMISSIBLE ACTIVITIES
$247,380 1 grant
TO COVER EXPENSES FOR THE HART RESEARCH
$128,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $22.9M $8.8M $28.9M
2023 $12.9M $12.3M $16.0M
2022 $16.2M $7.6M $12.3M
2021 $5.1M $4.2M $4.0M
2020 $3.1M $177K $2.9M

Between 2020 and 2024, reported annual revenue grew from $3.1M to $22.9M (+639%), with total assets most recently reported at $28.9M.

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

Grant Geography

Grants from this foundation were reported to recipients in DC, GA.

DCGA

Full geographic grant map with state-by-state breakdown available with membership.

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