Black Girl Ventures Foundation
Black Girl Ventures Foundation is a public charity that supports under-resourced entrepreneurs through access to capital, education, leadership development, and community. Its filing lists Alexandria, Virginia, as its location.
Black Girl Ventures Foundation at a glance
- Total assets
- $5,501,780
- +11.6% vs 2023
- Revenue (2024)
- $4,539,358
- -18.9% vs 2023
- Net investment income (2024)
- $8,481
- +14.1% vs 2023
- Expenses (2024)
- $3,909,836
- +9.4% vs 2023
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
How to apply to Black Girl Ventures Foundation
- How to Apply
-
The website describes registration through Eventbrite for Pull Up & Pitch.
- Contact
Mailing address: 8647 Richmond Highway 649, Alexandria, VA 22309
Phone: (571) 771-7424
Website: https://blackgirlventures.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Black Girl Ventures Foundation funds
How this funder distributes its grants
Grant Size Distribution
18 grants across all recorded years
The most common grant size was under $50K: 18 grants of 18 (100%).
Geographic Focus
Where this funder awards grants
The foundation’s 2024 filing describes pitch competitions in Austin, Chicago, New York City, and Los Angeles. BGV Connect welcomes founders from anywhere in the world. The SOAR Together program’s stated eligibility included businesses legally registered in any U.S. state or territory.
Grant Distribution by State
Cities
How Black Girl Ventures Foundation gives
- 0% of 2021 grantees were also funded in 2020. Method
Estimate from itemized grant lists in IRS Form 990 filings (2021). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2021, annual grant giving ranged from $18K (2019) to $130K (2021). In 2021 it made 13 grants totaling $130K.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Soul Care LLC Cincinnati, OH | — | $10,000 |
| NKC Accounting LLC Hamilton, OH | — | $10,000 |
| Black Travel Summit LLC Miramar, FL | — | $10,000 |
| Keeta Place Inc Chicago, IL | — | $10,000 |
| LYC Strategies LLC Chicago, IL | — | $10,000 |
| Fairlessly Hue LLC Chicago, IL | — | $10,000 |
| Creativiti Custom Designs and Events LLC Chicago, IL | — | $10,000 |
| Behavioral Health and Wellness Consulting Group Miami, FL | — | $10,000 |
| Minnyc LLC Laurelton, NY | — | $10,000 |
| District 78 LLC Cincinnati, OH | — | $10,000 |
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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 | $5,501,780 | $4,539,358 | $3,909,836 | — | — | $8,481 |
| 2023 | $4,931,135 | $5,599,245 | $3,575,005 | — | — | $7,431 |
| 2022 | $2,617,449 | $4,434,818 | $4,671,583 | — | — | — |
| 2021 | $2,941,094 | $3,288,394 | $3,501,861 | $130,000 | 13 | — |
| 2020 | $2,856,647 | $3,705,150 | $891,498 | $57,778 | 5 | $86 |
| 2019 | $40,310 | $246,906 | $208,734 | $17,913 | Total only | — |
"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation’s stated mission is to create access to capital, capacity building, and education for under-resourced entrepreneurs, supporting business sustainability and intergenerational wealth. Its filing describes its work as providing community, education, and leadership development to help entrepreneurs meet business milestones.
Programs include Pull Up & Pitch, where founders pitch for monetary awards; the Fund Program, a 12-week accelerator focused on leadership development, workforce strategy, and capital access; Emerging Leaders Fellowship; BGV Next Gen for HBCU students; and BGV Connect, a community offering peer connection, learning, and resources. The website also described SOAR Together, a six-week business accelerator with TikTok Shop. Its application deadline of February 21, 2025, is past.
Grantmaking
The 2022–2024 filings each report zero grants. Separately, the foundation’s 2024 filing says it distributed more than $130,000 to support growing businesses through its pitch program. These awards went to program participants; they are not reported as grants in the filing. The website also announced that Black Girl Ventures received a $2 million grant from Yield Giving Open Call and Lever for Change; this is funding received, not funding awarded by the foundation.
Pull Up & Pitch uses a two-round competition. Participants register through Eventbrite and deliver a 60-second pitch; there is no fee to pitch. The website lists first-, second-, and third-place Round 2 awards of $10,000, $3,000, and $2,000, respectively, and notes that amounts may change. The foundation’s 2024 filing reports that its pitch program received 539 applications across four ecosystems and selected 28 founders.
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation’s 2024 filing lists:
- Willie Williams — Board Chair
- Alex Neckles — Secretary
- Kristina Francis — Treasurer
- Selvi Clark — Officer
- Nikisha Carpenter — Officer
- Omi Bell — Chief Executive Officer
- Vanessa McDowell-Atlas — Chief Operating Officer
Black Girl Ventures Foundation is led by Omi Bell, Chief Executive Officer since 2024 (on filings since 2023); 2 of 7 officers listed in 2024 are compensated.
Officers on the 2024 filing
Omi Bell
Chief Executive Officer
CEO → Chief Executive Officer, 2024
On filings since 2023
40 hrs/week
$208K (2023) → $212K (2024)
Willie Williams
Board Chair
Director → Board Chair, 2023
On filings since 2019
1 hr/week
No compensation reported
Vanessa McDowell-Atlas
Chief Operating Officer
New on the 2024 filing
40 hrs/week
$143K (2024)
Alex Neckles
Secretary
Director → Officer, 2023
Officer → Secretary, 2024
On filings since 2019
1 hr/week
No compensation reported
Kristina Francis
Treasurer
Chairman → Treasurer, 2023
On filings since 2019
1 hr/week
No compensation reported
Nikisha Carpenter
Officer
Director → Secretary, 2021
Secretary → Officer, 2023
On filings since 2019
1 hr/week
No compensation reported
Selvi Clark
Officer
Director → Officer, 2024
On filings since 2020
1 hr/week
No compensation reported
Former officers (10)
- Former: Christina Clark (2023) — Officer
- Former: Chris Turner (2019–2022) — Director
- Former: Penny Lee (2019–2022) — Director
- Former: Shelly Bell (2019–2022) — President & CEO
- Former: Lisha Bell (2020–2022) — Director
- Former: Megan Malone (2020–2022) — CEO
- Former: Christopher Massenberg (2021–2022) — COO
- Former: Michael Coates (2021–2022) — CFO
- Former: Kate Goodall (2019) — Director
- Former: Stephanie Thomas (2019) — Treasurer
Data from IRS Form 990 filings, 2019–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $212K, to OMI Bell (Chief Executive Officer). 2 officers or directors reported compensation on that filing.
Frequently asked questions about Black Girl Ventures Foundation
How large is Black Girl Ventures Foundation?
Black Girl Ventures Foundation reported $5.5M in total assets on its 2024 IRS Form 990. Its revenue that year was $4.5M.
What does Black Girl Ventures Foundation fund?
The foundation’s stated mission is to create access to capital, capacity building, and education for under-resourced entrepreneurs, supporting business sustainability and intergenerational wealth. See mission & focus areas ↑
How do I apply for a grant from Black Girl Ventures Foundation?
The website describes registration through Eventbrite for Pull Up & Pitch. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
Where does Black Girl Ventures Foundation make grants?
The foundation’s 2024 filing describes pitch competitions in Austin, Chicago, New York City, and Los Angeles. BGV Connect welcomes founders from anywhere in the world. The SOAR Together program’s stated eligibility included businesses legally registered in any U.S. state or territory.
What is Black Girl Ventures Foundation's EIN?
Black Girl Ventures Foundation's EIN (Employer Identification Number) is 83-0935942. IRS Form 990 filing data is available on this page for 2019–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.
Data update history
(4)
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2019 (received by the IRS July 6, 2020)
- Updated Form 990 for fiscal year 2020 (received by the IRS May 16, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 15, 2022)
- IRS filings on file for fiscal years 2020–2024
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Black Girl Ventures Foundation down — hundreds of funders to go?