Beverly Gray Business Exchange
By serving the underrepresented and bipoc entrepreneurial community in buffalo, ny., we aim to be a conduit for business development and growth for new and existing entrepreneurs. We believe that through equity, inclusion, and innovation, we can increase the success rate of minority entrepreneurs from high potential to high growth.
Beverly Gray Business Exchange at a glance
In short: Beverly Gray Business Exchange gave $29K across 2 grants in 2025 (avg $15K), mostly in New York. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $29,131
- Grants made (2025)
- 2
- Average grant
- $14,566
- Median grant
- $14,566
- Total assets
- $928,665
- -0.7% vs 2024
- Primary geography
- New York (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Beverly Gray Business Exchange funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was The Foundry ($23K). Together the top 2 received $29K.
Grant Size Distribution
2 grants across all recorded years
The most common grant size was under $50K: 2 grants of 2 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2025 it made 2 grants totaling $29K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Foundry Buffalo, NY | SBGI Credit Clinic Implementation and Intern | $22,881 |
| Created to Create (Shanea McDougald) Buffalo, NY | Small biz micro tech grant/ reach east marketing accelerator participant | $6,250 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $928,665 | $1,026,272 | $1,157,596 | $29,131 | 2 | $12,207 |
| 2024 | $934,831 | $599,926 | $668,756 | — | — | $3,320 |
| 2023 | $417,821 | $553,762 | $494,438 | — | — | — |
| 2022 | $308,169 | $463,121 | $246,652 | — | — | — |
About Beverly Gray Business Exchange
Based on IRS filings
Beverly Gray Business Exchange is a public charity focused on Community Improvement & Capacity Building, based in Buffalo, NY. IRS filing data is available from 2022 through 2025. As of 2025, the organization holds $929K in total assets. In 2025, it awarded 2 grants totaling $29K. Net investment income was $12K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Beverly Gray Business Exchange is led by Derrick Parson, Executive Director on every filing since 2022; 1 of 9 officers listed in 2025 is compensated.
Officers on the 2025 filing
Derrick Parson
Executive Director
On filings since 2022
40 hrs/week
$98K (2023) → $93K (2025)
Lisa Hicks
Chair
Director → Chair, 2024
On filings since 2022
1 hr/week
No compensation reported
Matt Davison
Director
On filings since 2022
1 hr/week
No compensation reported
Thomas Murdock
Director
On filings since 2022
1 hr/week
No compensation reported
Kimberly Lavare
Director
On filings since 2023
1 hr/week
No compensation reported
Darren Saxon
Director
On filings since 2024
1 hr/week
No compensation reported
Shana Richardson
Director
On filings since 2024
1 hr/week
No compensation reported
David Rust
Director
New on the 2025 filing
1 hr/week
No compensation reported
Thomas Baines
Director
New on the 2025 filing
1 hr/week
No compensation reported
Former officers (5)
- Former: Hollis Deabreu Davis (2022–2024) — Director
- Former: Brendan Mehaffy (2022–2023) — Director
- Former: Chantele Thompson (2023) — Chair
- Former: Laura Zaepfel (2022) — Director
- Former: Shatorah Donovan (2022) — Chair
Data from IRS Form 990 filings, 2022–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $93K, to Derrick Parson (Executive Director).
Frequently asked questions about Beverly Gray Business Exchange
How much does Beverly Gray Business Exchange give each year?
Beverly Gray Business Exchange gave $29K across 2 grants in 2025, according to its 2025 IRS Form 990.
How large is Beverly Gray Business Exchange?
Beverly Gray Business Exchange reported $929K in total assets on its 2025 IRS Form 990. Its revenue that year was $1.0M.
What is Beverly Gray Business Exchange?
Beverly Gray Business Exchange is a public charity focused on Community Improvement & Capacity Building, based in Buffalo, NY. It holds $929K in total assets as of 2025.
Where does Beverly Gray Business Exchange operate?
Beverly Gray Business Exchange has awarded grants in New York.
What is Beverly Gray Business Exchange's EIN?
Beverly Gray Business Exchange's EIN (Employer Identification Number) is 85-3125463. IRS Form 990 filing data is available on this page for 2022–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2025 (received by the IRS May 15, 2026)
Live grants for the work Beverly Gray Business Exchange funds
Community Improvement & Capacity Building Open opportunities, soonest deadline first.
- Leveling-Up Award $1,000 · Due October 25, 2026
- Arnold F. Keller, Jr. Grant for New Initiatives/Program Expansion $25,000 · Due October 27, 2026
- Wausau Marathon County Impact Grants (Community Foundation of North Central Wisconsin) $1,000 to $100,000 depending on the scope of the project · Due October 27, 2026
Explore Open Grants
Browse active grant opportunities in Beverly Gray Business Exchange's focus areas in our free grants database
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Figures come from Beverly Gray Business Exchange's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Beverly Gray Business Exchange down — hundreds of funders to go?