Mission
STUDENT FREEDOM INITIATIVE IS DEDICATED TO ENSURING FREEDOM IN PROFESSIONAL AND LIFE CHOICES FOR STUDENTS ATTENDING MINORITY SERVING INSTITUTIONS (MSIS).
Public Charity
STUDENT FREEDOM INITIATIVE INC
STUDENT FREEDOM INITIATIVE INC, of WASHINGTON, DC, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $6.0M in revenue, $6.8M in expenses, $141.1M in total assets. 5 publicly reported grants to this organization, totaling roughly $7.7M, appear in IRS filings.
EIN: 850557522
WASHINGTON, DC
Scholarships & Student Financial Aid
NTEE: B82
Latest filing: 2025
Total Revenue$6.0M
Total Expenses$6.8M
Total Assets$141.1M
Grant Records5
Funding Total$7.7M
Filing Years2021–2025
Where $100 goes at Student Freedom Initiative Inc
How Student Freedom Initiative Inc divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.
$78
Programs
the work itself
$12
Management
running the organization
$10
Fundraising
raising the next dollar
Inside the $78 for programs
$78
To address the overwhelming student debt faced by all too many of the young men and women attending historically black colleges and universities by providing a student-centric funding…
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
GENERAL SUPPORT
$10,000
$2,500,000
For recipient's exempt purpose
$5,150,000
GENERAL SUPPORT.
$50,000
EDUCATION
$5,000
Showing up to 5 of 5 total records — full history available with membership.
Officers & Directors
DIRECTOR OF PROGRAM DESIGN
Barry Cynamon
DIRECTOR OF PHILANTHROPY
Gregg Mitchell
DIRECTOR
Henry Louis Gates
PRESIDENT/CHIEF EXECUTIVE OFFICER
Keith Shoates
PROJECT MANAGER
Kenneth Luzzatto
DIRECTOR
Lawrence P Bancroft
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $6.0M | $6.8M | $141.1M |
| 2024 | $5.9M | $10.1M | $141.8M |
| 2023 | $19.7M | $7.3M | $145.9M |
| 2022 | $15.3M | $5.2M | $132.8M |
| 2021 | $75.5M | $2.8M | $122.9M |
Between 2021 and 2025, reported annual revenue declined from $75.5M to $6.0M (-92%), with total assets most recently reported at $141.1M.
Interactive year-over-year charts and full filing details available with membership.