Mission
THIS MISSION OF BLACK FARMER FUND IS TO BUILD COMMUNITY WEALTH & HEALTH BY INVESTING IN BLACK AGRICULTURAL BUSINESSES OF THE NORTHEAST.
Public Charity
BLACK FARMER FUND INC
Based in NEW YORK, NY, BLACK FARMER FUND INC operates as a Public Charity. The organization reported $12.4M in revenue, $5.6M in expenses, $26.5M in total assets for fiscal year 2024. Imperigo tracks 46 reported grant relationships connected to this organization totaling approximately $16.5M.
EIN: 842310349
NEW YORK, NY
Small Business Development
NTEE: S43
Latest filing: 2024
Total Revenue$12.4M
Total Expenses$5.6M
Total Assets$26.5M
Grant Records46
Funding Total$16.5M
Filing Years2020–2024
Where $100 goes at Black Farmer Fund Inc
How Black Farmer Fund Inc divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.
$72
Programs
the work itself
$22
Management
running the organization
$6
Fundraising
raising the next dollar
Inside the $72 for programs
$72
This mission of Black Farmer Fund is to build community wealth & health by investing in black agricultural businesses of the northeast
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 Received
GENERAL SUPPORT
$8,200,250
For grant recipient's exempt purposes
$278,100
General support of The NY Black Food Ecosystem
$150,000
General support for programs, operations and other charitable purposes
$115,000
PROVIDE GENERAL OPERATING SUPPORT
$115,000
Showing up to 5 of 46 total records — full history available with membership.
Officers & Directors
INVESTMENT DIRECTOR
Charles Wade
FINANCE DIRECTOR
Janet Gumbs
CHAIR
Karen Washington
BOARD DIRECTOR
Makaelia Davis
CO-EXECUTIVE DIRECTOR
Melanie Allen
CO-EXECUTIVE DIRECTOR / TREASURER
Olivia Watkins
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $12.4M | $5.6M | $26.5M |
| 2023 | $5.8M | $2.3M | $18.7M |
| 2022 | $5.6M | $1.8M | $6.8M |
| 2021 | $2.8M | $1.2M | $2.8M |
| 2020 | $1.4M | $180K | $1.2M |
Between 2020 and 2024, reported annual revenue grew from $1.4M to $12.4M (+806%), with total assets most recently reported at $26.5M.
Interactive year-over-year charts and full filing details available with membership.