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.
Black Economic Alliance Foundation at a glance
In short: Black Economic Alliance Foundation gave $1.9M across 5 grants in 2024 (avg $385K), mostly in Georgia. Source: 2024 IRS Form 990 filing.
- Annual giving (2024)
- $1,927,267
- Grants made (2024)
- 5
- Average grant
- $385,453
- Median grant
- $200,000
- Total assets
- $28,908,498
- +80.4% vs 2023
- Primary geography
- Georgia (65% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990 filing, 2024 View filing
Data from IRS Form 990 filing, 2024; updated September 2026.
How to apply to Black Economic Alliance Foundation
Open Grants
1 open opportunity from Black Economic Alliance Foundation
Who Black Economic Alliance Foundation funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
The largest 2024 recipient was Spelman College ($1.3M). Together the top 3 received $1.9M.
Grant Size Distribution
7 grants across all recorded years
The most common grant size was in the $100–250K range: 3 grants of 7 (43%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 5 itemized grants.
States
Cities
How Black Economic Alliance Foundation gives
- Giving held roughly steady from 2021 to 2024 (−12%). Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2024, annual grant giving ranged from $1.9M (2024) to $2.2M (2021). In 2024 it made 5 grants totaling $1.9M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Spelman College Atlanta, GA | To Support the Center for Black Entrepreneurship | $1,250,000 |
| Vote to Live Action Fund Washington, DC | To Fund Section 501(C)(3) - Permissible Activities | $247,380 |
| Black Economic Alliance (C4) Washington, DC | Nonpartisan activity and polling related to economic opportunities for black americans | $200,000 |
| Black Economic Alliance (C4) Washington, DC | Nonpartisan activity and polling related to economic opportunities for black americans | $179,887 |
| Black Economic Alliance (C4) Washington, DC | Nonpartisan activity and polling related to economic opportunities for black americans | $50,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $28,908,498 | $22,891,381 | $8,814,333 | $1,927,267 | 5 | $297,446 |
| 2023 | $16,027,539 | $12,905,048 | $12,291,435 | — | — | — |
| 2022 | $12,308,358 | $16,214,838 | $7,586,742 | — | — | — |
| 2021 | $4,033,079 | $5,116,564 | $4,212,258 | $2,200,000 | 2 | — |
| 2020 | $2,904,227 | $3,096,213 | $177,069 | — | — | — |
About Black Economic Alliance Foundation
Based on IRS filings
Black Economic Alliance Foundation is a nonprofit organization, 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
Leadership & Key People
Officers and directors from IRS filings
Black Economic Alliance Foundation is led by Samantha Tweedy, Chief Executive Director since 2024 (on filings since 2021); none of the 14 officers listed in 2024 report compensation.
Officers on the 2024 filing
Samantha Tweedy
Chief Executive Director
President → Chief Executive Officer, 2023
Chief Executive Officer → Chief Executive Director, 2024
On filings since 2021
34 hrs/week
$150K (2021) → $0 (2024)
N. Anthony Coles Jr.
Director & President
Co-Chair & President → Director & President-Partial Year, 2022
Director & President-Partial Year → Director & President, 2023
On filings since 2020
6 hrs/week
No compensation reported
Broderick Johnson
Director
On filings since 2020
1.2 hrs/week
No compensation reported
Charles Phillips
Director & Secretary
Co-Chair & Secretary → Director & Secretary-Partial Year, 2022
Director & Secretary-Partial Year → Director & Secretary, 2023
On filings since 2020
6 hrs/week
No compensation reported
Mattie McFadden-Lawson
Director
On filings since 2020
0.7 hrs/week
No compensation reported
Richelieu Dennis
Director
On filings since 2020
0.7 hrs/week
No compensation reported
Robyn Coles
Director
On filings since 2020
6 hrs/week
No compensation reported
Tia Breakley
Director & Assistant Treasurer
On filings since 2020
2.4 hrs/week
No compensation reported
Vicki Palmer
Director & Treasurer
On filings since 2020
4.9 hrs/week
No compensation reported
Deval Patrick
Director
On filings since 2021
1.2 hrs/week
No compensation reported
Kneeland Youngblood
Director
On filings since 2021
1.2 hrs/week
No compensation reported
Rosalind Brewer
Director
On filings since 2023
0.7 hrs/week
No compensation reported
Beneree Wiley
Director
New on the 2024 filing
0.7 hrs/week
No compensation reported
Alaina Beverly
Executive Vice President
New on the 2024 filing
40 hrs/week
No compensation reported
Former officers (7)
- Former: Benarie Wiley (2023) — Director
- Former: David Clunie (2020–2022) — Executive Director
- Former: Edward Lewis (2020–2021) — Director -
- Former: Gabrielle Sulzberger (2021) — Director -
- Former: Westley Moore (2021) — Director -
- Former: Gerald Adolph (2020) — Former Treasurer
- Former: Wes Moore (2020) — Director
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2023 IRS filing
The highest reported compensation on the 2023 filing was $250K, to Samantha Tweedy (Chief Executive Officer).
Frequently asked questions about Black Economic Alliance Foundation
How much does Black Economic Alliance Foundation give each year?
Black Economic Alliance Foundation gave $1.9M across 5 grants in 2024, according to its 2024 IRS Form 990 filing.
What is Black Economic Alliance Foundation's typical grant size?
Black Economic Alliance Foundation's median grant in 2024 was $200,000, and its average grant was $385,453, across 5 grants on its 2024 IRS Form 990 filing.
Where does Black Economic Alliance Foundation give grants?
Black Economic Alliance Foundation gives mostly in Georgia: 65% of the grant dollars itemized on its 2024 IRS Form 990 filing went to recipients there. The next largest state was District of Columbia (35%). The most frequent recipient cities were Washington, DC (4 grants).
Does Black Economic Alliance Foundation give general operating support?
Not in 2024: none of the 5 grants with a stated purpose on Black Economic Alliance Foundation's 2024 IRS Form 990 filing were described as general or operating support.
Who are Black Economic Alliance Foundation's largest grantees?
Black Economic Alliance Foundation's largest 2024 grantees include Spelman College ($1,250,000), Black Economic Alliance (C4) ($429,887 across 3 grants) and Vote to Live Action Fund ($247,380), according to its 2024 IRS Form 990 filing.
How large is Black Economic Alliance Foundation?
Black Economic Alliance Foundation reported $28.9M in total assets on its 2024 IRS Form 990 filing. Its revenue that year was $22.9M.
What is Black Economic Alliance Foundation's EIN?
Black Economic Alliance Foundation's EIN (Employer Identification Number) is 83-3790370. IRS Form 990 filing data is available on this page for 2020–2024.
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
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Black Economic Alliance Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
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Black Economic Alliance Foundation down — hundreds of funders to go?