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 · View filing
Total Assets
$28.9M
+80.4% YoY
Annual Giving
$1.9M
Grant Count
5
Avg Grant Size
$385K
About Black Economic Alliance Foundation
Based on IRS filings
Black Economic Alliance Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in WASHINGTON, DC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $28.9M in total assets. In 2024, it awarded 5 grants totaling $1.9M. Net investment income was $297K.
Focus Areas
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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 | $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
Open Grants
1 open opportunity from Black Economic Alliance Foundation
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 |
|---|---|---|---|
| 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 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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