Delaware · Nonprofit
HBCU WEEK FOUNDATION INC
HBCU WEEK FOUNDATION INC (Delaware) receives grants from 5 organizations whose IRS filings report $1,158,600 to it, the largest being THE SALLIE MAE FUND INC ($500,000). 3 of them have funded it in more than one year.
- Revenue FY2024
- $2.1M
- Funders on record
- 5
- Grants received
- $1.2M
- Net assets
- $469k
What HBCU Week Foundation Inc does
Mission
The mission of hbcu week is to encourage high school aged youth to enroll into hbcus, provide scholarship dollars for matriculation and sustain a pipeline for employment from undergraduate school to corporate america.
As stated on its FY2024 Form 990.
Programs
Hbcu week 2024 - the foundation hosted hbcu week in both wilmington, delaware and orlando, florida. In wilmington, the events consisted of a 5k run/walk, a college tour at delaware state university for middle school students,two educational panels at local high schools, a concert, a college fair and a battle of the bands event. In orlando, the foundation hosted a welcome reception and college fair. Institutions present at the college fair offered 4,450 on the spot acceptances and 1,448 scholarships totaling approximately $26,719,498.
$945,569 spent$920,000 earned by the program49% of program spendingGala - in 2024, the foundation hosted its annual awards gala recognizing hbcu graduates who have made significant impact in their communities. Attendees of the event included government officials and other influential members of the local community. The event raised $110,523 in profits, all of which was reinvested into the foundations core operations.
$191,877 spent$302,510 earned by the program10% of program spendingScholarship - the foundation administers several scholarships funded by donations from corporate partners and other organizations. The foundation creates applications, hosts an application platform, manages the application process and distributes funding all of the scholarships with the exception of future of(stem) scholars initiative.
$779,186 spentof which $507,975 as grants$749,000 earned by the program40% of program spendingActivity is related hbcu weeks smaller targeted programs.
$13,015 spent1% of program spending
The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $1,929,647.
The organization over time
Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $339k to $595k (+76%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2020 15% · 2021 13% · 2022 18% · 2023 9% · 2024 14%. Grants only. Government contracts and fees sit inside program revenue.
89% of HBCU WEEK FOUNDATION INC’s revenue is contributions — more donation-reliant than the typical peer (48% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 5 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Ashley Christopher
CEO
Board chair
Heyward Damon
Chairman
As listed on its FY2024 Form 990.
Who funds it, year by year
2021 → 2023: the base broadened from 1 funder to 3 funders, grant income rose $40k → $438k.
From the IRS filings of HBCU WEEK FOUNDATION INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
HBCU WEEK FOUNDATION INC leans on a few funders — its largest provides 43% of grant income and the top three 98%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
34% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund HBCU WEEK FOUNDATION INC.
Largest funder’s share by year: 2021 100% · 2022 50% · 2023 46% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
79% of HBCU WEEK FOUNDATION INC's grant income comes from Delaware funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
HBCU WEEK FOUNDATION INC has grown faster than three-quarters of the 11,752 education nonprofits its size.
this organization peer median middle 50% of peers· 11,752 education nonprofits $1M–$10M, FY2024
Government funding HBCU WEEK FOUNDATION INC receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $303k on record.
- GRANTS$303k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like HBCU WEEK FOUNDATION INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Delaware
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
86% of spending goes to programs.
Governance
Public support
0%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Screen this organization
A dated, signed PDF of the compliance screen for HBCU WEEK FOUNDATION INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds HBCU WEEK FOUNDATION INC?
- HBCU WEEK FOUNDATION INC (Delaware) receives grants from 5 organizations whose IRS filings report $1,158,600 to it, the largest being THE SALLIE MAE FUND INC ($500,000). 3 of them have funded it in more than one year.
- How many funders does HBCU WEEK FOUNDATION INC have?
- IRS filings report 5 organizations giving $1,158,600 in grants to HBCU WEEK FOUNDATION INC, 3 of which have funded it in more than one year.
- Who is the largest funder of HBCU WEEK FOUNDATION INC?
- THE SALLIE MAE FUND INC is the largest funder on record, with $500,000 in grants. The full list of funders is on this page.
- How can an organization like HBCU WEEK FOUNDATION INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Delaware. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds HBCU Week →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2020–2024), and the filings of 5 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing