NonprofitsMbl Foundation Inc

Community Improvement & Capacity Building

Mbl Foundation Inc

RICHMOND, VA

Total revenue

$1.1M

Total expenses

$568K

Net assets

$467K

Grants received

$1.1M

22 grants

EIN

770698911

Tax year

2023

Mission

We empower businesses and professionals to be successful.

Programs

2 programs

MBL Youth Activities

Expenses: $61K

MBL Education/Training & Small Business Grant/Other Business Expenses

Expenses: $190K

Financials

FY 2023

Revenue

Contributions & grants$632K
Program service revenue$412K
Investment income$16K
Other revenue$9K
Total revenue$1.1M

Expenses

Grants paid$41K
Salaries & benefits
Fundraising$22K
Other expenses$527K
Total expenses$568K
Total assets$1.4M
Net assets$467K

People

21 listed

NameRoleCompensation

Scottessa Hurte

Immediate Past Chair

Board

40 hrs/wk

Nickkol Lewis

Chair

Board

1.5 hrs/wk

Chris Layne

Treasurer

Board

1.5 hrs/wk

David LeFebvre

Secretary

Board

1.5 hrs/wk

Brittany Rawlinson

Vice Secretary

Board

1.5 hrs/wk

Jeff Conley

Director

Board

1.5 hrs/wk

William Carter

Director

Board

1.5 hrs/wk

Greg Hofbauer

Director

Board

1.5 hrs/wk

Kevin Kenny

Director

Board

1.5 hrs/wk

Floyd E Miller II

President & CEO

Board

40 hrs/wk

Tanya Battle

Director

Board

1.5 hrs/wk

Kathryn Dolan

Vice Chair

Board

1.5 hrs/wk

Patrick McFadden

Director

Board

1.5 hrs/wk

Lisa Speller

Director

Board

1.5 hrs/wk

Mac Livingston

Director

Board

1.5 hrs/wk

Wendy Burchard

Director

Board

1.5 hrs/wk

Andrea Lyons

Director

Board

1.5 hrs/wk

Robert Dortch Jr

Director

Board

1.5 hrs/wk

Sherry T White Landrum

Director

Board

1.5 hrs/wk

Lisa D Collins

Director

Board

1.5 hrs/wk

Elsa Eslava-Smith

Director

Board

1.5 hrs/wk

Grants received

Showing 22 of 22

FromAmountPurposeYear
$200K
IN SUPPORT OF NEIGHBORHOOD REVITALIZATION
2024
$121K
ECONOMIC PROSPERITY
2024
$20K
COMMUNITY ENGAGEMENT, EDUCATION, OTHER SOCIAL DETERMINANTS
2024
$10K
VETERANS ENTREPRENEURSHIP TRAINING
2024
$133K
ECONOMIC PROSPERITY
2023
$25K
GENERAL OPERATING FUNDS TO SUPPORT YOUTH ENTREPRENEURSHIP PROGRAMMING
2023
$15K
CHARITABLE DONATION
2023
$5K
GENERAL OPERATING
2023
$60
PROGRAM/OPERATING SUPPORT
2023
$75K
GENERAL OPERATING
2022
$72K
ECONOMIC PROSPERITY
2022
$50K
PROGRAM/OPERATING SUPPORT
2022
$15K
CHARITABLE DONATION
2022
$15K
CITY INNOVATION ECOSYSTEMS GRANT
2021
$31K
FINANCIAL SUPPORT FOR MINORITY-OWNED BUSINESSES,TO SUPPORT SMALL, WOMEN AND MINORITY-OWNED BUSINESSES WITH THE NEEDED BUSINESS RESOURCES, TRAINING, FINANCIAL COUNSELING, CAPITAL, AND ASSISTANCE TO STRATEGICALLY SUSTAIN AND RECOVER FROM THE IMPACT OF COVID-19.,GENERAL PURPOSES
2020
$25K
1 GRANT(S) FOR VARYING PURPOSES
2020
$20K
TO SUPPORT THE CHARITABLE MISSION OF THE RECIPIENT ORGANIZATION
2020
$5K
General Support
2020

Funded by

$1.1M from 14 funders · 22 grants · 2020–2024

The Community Foundation Inc

$357K · 4 grants · 2020–2024

The Bank of America Charitable Foundation Inc

$250K · 4 grants · 2020–2023

Jpmorgan Chase Foundation

$200K · 1 grant · 2024

Truist Foundation Inc

$80K · 2 grants · 2022–2023

Charities Aid Foundation America

$30K · 2 grants · 2022–2023

The Winston-Salem Foundation

$25K · 1 grant · 2020

The Pauley Family Foundation

$25K · 1 grant · 2023

Details

EIN770698911
NTEE codeS41
Subsection03
Ruling date2013-04
Formed2007
Employees0
Volunteers20
MBL FOUNDATION INC — Mission, Financials & Grants Received | Grantivo