Grantmaking public charityEIN 810687250
BLACK ECONOMIC COUNCIL OF MASSACHUSETTS
ROXBURY CROSSING, MA 02120
Total Assets
$4.2M
FY 2024
Annual Giving
$305K
FY 2024
Grants Made
28
FY 2024
Avg Grant
$11K
FY 2024
Grant Range
—
Typical
Deadlines
—
Applications
Programs & Activities
Program 1
Through one of their wholly-owned subsidiaries, bci, the organization makes loans to members of the community they serve. Bci has an investment committee that reviews the applications and due diligence packets of each entity that applies for a loan, and that the committee consists of six members with extensive experience. In 2024, the organization issued six loans totaling $540,412 and recorded interest income from these loans of $6,895.
Focus Areas
Financial Snapshot
2024 filing
Total Revenue
$5.8M
Total Expenses
$5.2M
Giving Over Time
3 years
Total dollars recorded per filing year. Scale adjusts to the foundation's range.
Top Recipients
58 grants
Grant Size Distribution
58 grants
Geographic Focus
1 states
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