NonprofitsBlack Girl Ventures Foundation

Community Improvement & Capacity Building

Black Girl Ventures Foundation

ALEXANDRIA, VA

Total revenue

$4.5M

Total expenses

$3.9M

Net assets

$5.4M

Grants received

$9.5M

57 grants

EIN

830935942

Tax year

2024

Mission

The mission is to create access to capital, capacity building and education for under resourced entrepreneurs that enables business sustainability and creates intergenerational wealth for a more equitable society.

Financials

FY 2024

Revenue

Contributions & grants$4.5M
Program service revenue$72K
Investment income$8K
Other revenue$146
Total revenue$4.5M

Expenses

Grants paid$773K
Salaries & benefits$1.3M
Fundraising$60K
Other expenses$1.8M
Total expenses$3.9M
Total assets$5.5M
Net assets$5.4M

People

7 listed

NameRoleCompensation

OMI BELL

CHIEF EXECUTIVE OFFICER

Board

$212K

40 hrs/wk

VANESSA MCDOWELL-ATLAS

CHIEF OPERATING OFFICER

Board

$143K

40 hrs/wk

KRISTINA FRANCIS

TREASURER

Board

1 hrs/wk

WILLIE WILLIAMS

BOARD CHAIR

Board

1 hrs/wk

NIKISHA CARPENTER

OFFICER

Board

1 hrs/wk

SELVI CLARK

OFFICER

Board

1 hrs/wk

ALEX NECKLES

SECRETARY

Board

1 hrs/wk

Grants received

Showing 57 of 57

FromAmountPurposeYear
$263K
Community Development
2024
$104K
GENERAL SUPPORT
2024
$53K
ECONOMIC EMPOWERMEN
2024
$2.0M
For grant recipient's exempt purposes
2023
$400K
IN SUPPORT OF PROGRAMS IN FURTHERANCE OF NBA FOUNDATION'S MISSION
2023
$302K
Community Development
2023
$150K
ORGANIZATION'S CHARITABLE PURPOSE
2023
$83K
FOR GENERAL OPERATING SUPPORT
2023
$75K
GENERAL OPERATING SUPPORT
2023
$55K
PROGRAM/OPERATING SUPPORT
2023
$25K
EQUITY, HUMAN RIGHTS, AND ECONOMIC EMPOWERMENT
2023
$20K
ORGANIZATION'S CHARITABLE PURPOSE
2023
$1.0M
GENERAL SUPPORT
2022
$595K
EQUITY, HUMAN RIGHTS, AND ECONOMIC EMPOWERMENT
2022
$595K
EQUITY, HUMAN RIGHTS, AND ECONOMIC EMPOWERMENT
2022
$350K
IN SUPPORT OF PROGRAMS ENHANCING ECONOMIC EMPOWERMENT IN BLACK COMMUNITIES.
2022
$235K
Community Development
2022
$75K
PROGRAM/OPERATING SUPPORT
2022
$70K
TO SUPPORT THE LAUNCH OF BLACK GIRL VENTURES MIAMI CHAPTER.
2022
$50K
ADVANCING BLACK AND BROWN WOMEN
2022
$10K
GENERAL OPERATING SUPPORT
2022
$500
MATCHING GIFTS
2022
$500K
IN SUPPORT OF PROGRAMS ENHANCING ECONOMIC EMPOWERMENT IN BLACK COMMUNITIES.
2021
$133K
CHARITABLE DONATION
2021
$57K
General Support
2021
$13K
GENERAL OPERATING SUPPORT
2021
$10K
Black Lives Fund
2021
$6K
COMMUNITY OUTREACH & ENRICHMENT PROGRAMS
2021
$500K
ORGANIZATION'S CHARITABLE PURPOSE
2020
$300K
FOR GENERAL SUPPORT.
2020
$294K
CHARITABLE DONATION
2020
$246K
COMMUNITY OUTREACH & ENRICHMENT PROGRAMS
2020
$185K
Community Development
2020
$177K
Support for the creation of a programmatic toolkit and to implement a chapter-based expansion model in five new cities. 201905-6515
2020
$90K
TO SUPPORT THE LAUNCH OF BLACK GIRL VENTURES MIAMI CHAPTER.
2020
$26K
FOR RECIPIENT'S EXEMPT PURPOSE
2020
$13K
For grant recipient's exempt purposes
2020
$10K
FINANCIAL SUPPORT FOR EARLY-STAGE SOCIAL VENTURE COMMITTED TO PROMOTING EQUITY AND ECONOMIC WELL BEING.
2020
$10K
GENERAL OPERATING SUPPORT
2020
$10K
EDUCATIONAL
2020
$5K
Unrestricted
2020
$5K
BGV CHAPTER TOOLKIT
2020
$5K
UNRESTRICTED GENERAL SUPPORT
2020
$5K
General Purposes
2020
$300
Matching Gift
2020
$21
MATCHING CONTRIBUTION MADE BY EMPLOYEE OF YELP, INC.
2020
$5K
PUBLIC, SOCIETAL BENEFIT
2019

Funded by

$9.5M from 33 funders · 57 grants · 2019–2024

Fidelity Investments Charitable Gift Fund

$2.0M · 2 grants · 2020–2023

National Basketball Association

$1.3M · 3 grants · 2021–2023

Tides Foundation

$1.2M · 3 grants · 2022–2023

The Blackbaud Giving Fund

$1.0M · 1 grant · 2022

Silicon Valley Community Foundation

$985K · 4 grants · 2020–2024

The Kroger Co Foundation

$670K · 3 grants · 2020–2023

Charities Aid Foundation America

$426K · 2 grants · 2020–2021

The Goldman Sachs Charitable Gift Fund

$302K · 3 grants · 2020–2021

Details

EIN830935942
NTEE codeS43
Subsection03
Ruling date2018-06
Formed2018
Employees18
Volunteers306
BLACK GIRL VENTURES FOUNDATION — Mission, Financials & Grants Received | Grantivo