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.
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
Where $100 goes at Black Economic Alliance Foundation
How Black Economic Alliance Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 5 years.
$83
Programs
the work itself
$11
Management
running the organization
$6
Fundraising
raising the next dollar
Inside the $83 for programs
$50
Foundation worked to support research, education, and public policy development around work, wages, and wealth in the black community
$33
Center for black entrepreneurship
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.
Sample Grants Given
TO SUPPORT THE CENTER FOR BLACK ENTREPRENEURSHIP
$1,250,000
TO FUND SECTION 501(C)(3) - PERMISSIBLE ACTIVITIES
$247,380
NONPARTISAN ACTIVITY AND POLLING RELATED TO ECONOMIC OPPORTUNITIES FOR BLACK AMERICANS
$200,000
NONPARTISAN ACTIVITY AND POLLING RELATED TO ECONOMIC OPPORTUNITIES FOR BLACK AMERICANS
$179,887
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
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.