Washington, D.C. · Public charity
Black Economic Alliance Foundation
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.
- $2.3M
- Granted FY2024(still arriving)
- 5
- Itemized grants FY2024
- 4
- Organizations funded FY2023
- 50%
- First-time grantees FY2023
- Itemized, FY2024
- $1.9M
- The rest is grants the schedule does not break out
- Median grant, FY2024
- $200,000
- Largest grant, FY2024
- $1,250,000
- Organizations funded a year
- 2 to 4
- FY2021 to FY2023
- States reached, FY2024
- 2
- Total assets, FY2024
- $29M
How open it is to new grantees
In FY2023, 50% of the organizations Black Economic Alliance Foundation funded were first-time grantees, receiving 12% of its grant dollars.
The numbers by year
| Fiscal year | Organizations funded | To those organizations | First-time grantees |
|---|---|---|---|
| FY2024still arriving | 3 | $1.9M | 33% |
| FY2023 | 4 | $8.7M | 50% |
| FY2021 | 2 | $2.2M | n/a |
100% classified
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2021 to 2024.
Community Improvement$10MEducation$2.2MPublic Benefit$247kSocial Science$64k
Top grantees
Largest recipients by total granted, FY2021 to FY2024, and the share of each one’s budget the grants supplied at peak.
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Morehouse College | $6,400,000 | 2 | 4% |
| Spelman College | $4,700,000 | 3 | 1% |
| Clark Atlanta University Inc | $1,000,000 | 1 | 1% |
| Black Economic Alliance | $493,887 | 2 | 20% |
| Vote to Live Action Fund | $247,380 | 1 | n/a |
Compare Black Economic Alliance Foundation with peer funders
About Black Economic Alliance Foundation
- How much does Black Economic Alliance Foundation give?
- Black Economic Alliance Foundation reported 5 itemized grants totaling $1,927,267, out of $2,347,267 in total grant expense reported on the return in its FY2024 IRS filing. It funded between 2 and 4 organizations a year over FY2021 to FY2023.
- What does Black Economic Alliance Foundation fund?
- By grant dollars over FY2021 to FY2024, its largest causes are Community Improvement (80%), Education (17%), Public Benefit (2%).
- Who are Black Economic Alliance Foundation's largest grantees?
- By total granted over FY2021 to FY2024: Morehouse College ($6.4M), Spelman College ($4.7M), Clark Atlanta University Inc ($1.0M).
- Does Black Economic Alliance Foundation fund new organizations?
- In FY2023, 50% of the organizations it funded were first-time grantees.
- Where is Black Economic Alliance Foundation based?
- Black Economic Alliance Foundation is based in DC.
Play a game based on Black Economic Alliance’s filings →
More from the funding graph
The unnamed billions
grants reported with no recipient in the public record
The regranting layer
51% of grant dollars land in the regranting layer
The DAF merry-go-round
$9.7B circulates between donor-advised funds
The endowment market
who holds foundation money, and what just moved
The camps
funders cluster by geography, not ideology
By state
where grant money is based, and what stays home