Black Economic Alliance Foundation
THE ORGANIZATION FOCUSES ON ADVANCING ECONOMIC PROGRESS IN BLACK COMMUNITIES BY SUPPORTING RESEARCH, EDUCATION, AND PUBLIC POLICY DEVELOPMENT AROUND WORK, WAGES, AND WEALTH IN THE BLACK COMMUNITY.
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$28.9M
+80.4% YoY
Annual Giving
$1.9M
Grant Count
5
Avg Grant Size
$385K
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $28,908,498 | $16,027,539 | $12,308,358 |
| Revenue | $22,891,381 | $12,905,048 | $16,214,838 |
| Expenses | $8,814,333 | $12,291,435 | $7,586,742 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $297,446 | — | — |
| 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 5 recipients in 2024
Grant Size Distribution
7 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Black Economic Alliance Foundation fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| N ANTHONY COLES JR | DIRECTOR, PRESIDENT | 6 | — |
| VICKI PALMER | DIRECTOR,TREASURER | 4.9 | — |
| CHARLES PHILLIPS | DIRECTOR, SECRETARY | 6 | — |
| TIA BREAKLEY | DIRECTOR, ASST TREASURER | 2.4 | — |
| KNEELAND YOUNGBLOOD | DIRECTOR | 1.2 | — |
| ROBYN COLES | DIRECTOR | 6 | — |
| DEVAL PATRICK | DIRECTOR | 1.2 | — |
| BRODERICK JOHNSON | DIRECTOR | 1.2 | — |
| MATTIE MCFADDEN-LAWSON | DIRECTOR | 0.7 | — |
| RICHELIEU DENNIS | DIRECTOR | 0.7 | — |
| BENEREE WILEY | DIRECTOR | 0.7 | — |
| ROSALIND BREWER | DIRECTOR | 0.7 | — |
| SAMANTHA TWEEDY | CHIEF EXECUTIVE DIRECTOR | 34 | — |
| ALAINA BEVERLY | EXECUTIVE VICE PRESIDENT | 40 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
States
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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