NonprofitsBlck Vc

Civil Rights, Social Action & Advocacy

Blck Vc

PALO ALTO, CA

Total revenue

$2.1M

Total expenses

$2.3M

Net assets

$602K

Grants received

$250K

6 grants

EIN

844735516

Tax year

2024

Mission

To connect, engage, empower and advance Black venture investors.

Financials

FY 2024

Revenue

Contributions & grants$272K
Program service revenue$1.9M
Investment income
Other revenue
Total revenue$2.1M

Expenses

Grants paid
Salaries & benefits$772K
Fundraising
Other expenses$1.5M
Total expenses$2.3M
Total assets$1.8M
Net assets$602K

People

8 listed

NameRoleCompensation

ROBERT LEE GORDON IV

CHIEF EXECUTIVE OFFICER

Board

$178K

40 hrs/wk

Groce Frederik

Co-Founder and Board Co-Chair

Board

1 hrs/wk

Sykes Sydney

Co-Founder and Board Co-Chair

Board

1 hrs/wk

Cummings Jackson

Board Member

Board

1 hrs/wk

Asem Mike

Board Member

Board

1 hrs/wk

KAREEMA THOMAS

Chief Strategy Officer

Staff

$127K

40 hrs/wk

WARSAME AYAN

CHIEF OPERATING OFFICER

Staff

$105K

40 hrs/wk

OKORIE CHIDIMA

DIRECTOR OF PROGRAMS

Staff

$100K

40 hrs/wk

Independent contractors

UC BERKELEY CENTER FOR EXECUTIVE

Consulting

$190K

Grants received

Showing 6 of 6

FromAmountPurposeYear
$200K
TECHNOLOGY AND INNOVATION
2024
$10K
TO SUPPORT THE MISSION OF BLCK VC TO CONNECT, ENGAGE, EMPOWER, AND ADVANCE BLACK VENTURE INVESTORS.
2024
$5K
TO SUPPORT THE MISSION OF BLCK VC TO CONNECT, ENGAGE, EMPOWER, AND ADVANCE BLACK VENTURE INVESTORS.
2023
$5K
TO SUPPORT THE MISSION OF BLCK VC TO CONNECT, ENGAGE, EMPOWER, AND ADVANCE BLACK VENTURE INVESTORS.
2023
$5K
TO SUPPORT THE MISSION OF BLCK VC TO CONNECT, ENGAGE, EMPOWER, AND ADVANCE BLACK VENTURE INVESTORS.
2022
$25K
SEE SUPPLEMENTAL SECTION FOR GRANT PURPOSE.
2020

Funded by

$250K from 3 funders · 6 grants · 2020–2024

New Venture Fund

$200K · 1 grant · 2024

In-Q-Tel Inc

$25K · 1 grant · 2020

John S And James L Knight Foundation

$25K · 4 grants · 2022–2024

Details

EIN844735516
NTEE codeR99
Subsection03
Ruling date2021-09
Formed2020
Employees7
Volunteers0
BLCK VC — Mission, Financials & Grants Received | Grantivo