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 44 reported grant relationships connected to this organization totaling approximately $16.3M.

EIN: 842310349 NEW YORK, NY Latest filing: 2024
Total Revenue$12.4M
Total Expenses$5.6M
Total Assets$26.5M
Grant Records44
Funding Total$16.3M
Filing Years2020–2024

Mission

THIS MISSION OF BLACK FARMER FUND IS TO BUILD COMMUNITY WEALTH & HEALTH BY INVESTING IN BLACK AGRICULTURAL BUSINESSES OF THE NORTHEAST.

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

GENERAL SUPPORT
$10,200,250 9 grants
GENERAL OPERATING
$3,300,000 1 grant
For grant recipient's exempt purposes
$854,440 3 grants
EQUITY, HUMAN RIGHTS, AND ECONOMIC EMPOWERMENT
$400,000 2 grants
General Support for 501c3 activities
$300,000 1 grant

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.

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