Public Charity

HBCU FOUNDERS INITIATIVE

HBCU FOUNDERS INITIATIVE, of LA JOLLA, CA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $1.9M in revenue, $1.8M in expenses, $204K in total assets. 6 publicly reported grants to this organization, totaling roughly $605K, appear in IRS filings.

EIN: 863846215 LA JOLLA, CA Latest filing: 2024
Total Revenue$1.9M
Total Expenses$1.8M
Total Assets$204K
Grant Records6
Funding Total$605K
Filing Years2022–2024

Mission

THE CORPORATION IS ORGANIZED AND OPERATED FOR CHARITABLE AND EDUCATIONAL PURPOSES, INCLUDING WITHOUT LIMITATION, INSPIRING AND SUPPORTING WOMEN AND MINORITIES TO PURSUE ENTREPRENEURSHIP

Sample Grants Received

$400,000
2023
Sponsorship for accelerator entrepreneurship program events for founders of color
$75,000
2023
Designing for Social Good Workshop Sponsorship
$30,000
$25,000
2022
Sponsorship of the HBCU Founders Initiative program
$75,000

Showing up to 5 of 6 total records — full history available with membership.

Officers & Directors

SECRETARY Andre Kirwan
DIRECTOR Jarrid Whitney
DIRECTOR Kelsey Morgan Pasqualichio
TREASURER Kip Quackenbush
DIRECTOR Marcela Ruiz
PRESIDENT Marlon Evans

Officer compensation and complete director data available with membership.

Top Grant Purposes

Community Development
$400,000 1 grant
Sponsorship for accelerator entrepreneurship program events for founders of color
$75,000 1 grant
Sponsorship of the HBCU Founders Initiative program
$75,000 1 grant
Designing for Social Good Workshop Sponsorship
$30,000 1 grant
GENERAL SUPPORT
$25,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $1.9M $1.8M $204K
2023 $1.2M $1.2M $9K
2022 $725K $719K $6K

Between 2022 and 2024, reported annual revenue grew from $725K to $1.9M (+162%), with total assets most recently reported at $204K.

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

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