Black Business Investment Fund Inc
The mission is to develop and promote Black business enterprises through education, training, loans, investments, and other activities and aggressively promote an atmosphere conducive to their development.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$55.9M
+9.0% YoY
Revenue
$7.8M
-21.9% YoY
Net Investment Income
$438K
+230.2% YoY
Expenses
$8.9M
+47.3% YoY
About Black Business Investment Fund Inc
Based on IRS filings
Black Business Investment Fund Inc is a nonprofit organization, based in ORLANDO, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $55.9M in total assets. Net investment income was $438K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $55,937,341 | $51,338,939 | $34,553,467 |
| Revenue | $7,834,761 | $10,029,589 | $5,545,494 |
| Expenses | $8,896,516 | $6,040,674 | $4,296,233 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $437,752 | $132,572 | $2,905 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
28 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| INEZ LONG | FORMER PRESIDENT/CEO | 38 | $451,106 |
| DUANE LEWIS | CHIEF OPERATING OFFICER | 38 | $230,599 |
| ORAINE REED | VP FINANCE | 40 | $203,726 |
| JASMINE GEBON | V.P. STRATEGIC INITIATIVES | 40 | $185,547 |
| MYRLANDE SIMEON | REGIONAL DIRECTOR | 40 | $128,265 |
| DONNA DINGLE | DIRECTOR OF COMPLIANCE | 40 | $116,042 |
| JACQUELINE BARR | CHAIRPERSON | 8 | — |
| MARILYN DRAYTON | VICE CHAIR | 6 | — |
| SABRINA MARTINELLI | TREASURER | 6 | — |
| JOYCE ODONGO | SECRETARY | 6 | — |
| ESTHER MARSHALL | DIRECTOR | 6 | — |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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