NonprofitsFreedmen Heirs Foundation Inc

Food, Agriculture & Nutrition

Freedmen Heirs Foundation Inc

GERMANTOWN, MD

Total revenue

$463K

Total expenses

$541K

Net assets

$279K

Grants received

$637K

6 grants

EIN

853033433

Tax year

2024

Mission

Freedmen Heirs Foundation Inc., a nonprofit organization with a mission and vision to promote the prominence, profitability, and sustainability of Black farmers and landowners by providing technical assistance, access to capital, and new market entry. Freedmen Heirs Foundation is expediting change in the U.S. agriculture sector by bridging the gap between two worlds: Black farmers and the marketplace while creating economic and socially responsible opportunities.

Financials

FY 2024

Revenue

Contributions & grants$463K
Program service revenue
Investment income$66
Other revenue
Total revenue$463K

Expenses

Grants paid$54K
Salaries & benefits$367K
Fundraising
Other expenses$119K
Total expenses$541K
Total assets$279K
Net assets$279K

People

6 listed

NameRoleCompensation

Seanicaa Herron

Executive Dir.

Board

$165K

40 hrs/wk

Ronald Rainey

Director

Board

5 hrs/wk

Kelee James

Director

Board

5 hrs/wk

Loutrina Staley

Director

Board

5 hrs/wk

Karl Binns

Director

Board

5 hrs/wk

Megan Rock

Director

Board

5 hrs/wk

Grants received

Showing 6 of 6

FromAmountPurposeYear
$195K
AGRICULTURE & FOOD, AGRICULTURE & FOOD
2024
$30K
GENERAL OPERATING SUPPORT
2024
$150K
TO SUPPORT THE COVID RESPONSE-INCOME DIVERSIFICATION INITIATIVE (BUYERS DATABASE, GROWER-BUYER MEETINGS, AND INAUGURAL FREEDMEN HEIRS FOUNDATION CONFERENCE)
2020

Funded by

$637K from 4 funders · 6 grants · 2020–2024

The Climate Cousins Foundation

$262K · 3 grants · 2021–2022

The Chicago Community Trust

$150K · 1 grant · 2020

Tomkat Foundation

$30K · 1 grant · 2024

Details

EIN853033433
NTEE codeK01
Subsection03
Ruling date2020-12
Formed2020
Employees6
FREEDMEN HEIRS FOUNDATION INC — Mission, Financials & Grants Received | Grantivo