Black Impact Community Fund Inc logo

Black Impact Community Fund Inc

LOS ANGELES, CA EIN: 85-3525884 Website

TO ADDRESS RACIAL WEALTH AND TECHNOLOGICAL INEQUALITY BY PROVIDING UNDERSERVED COMMUNITIES AND MARGINALIZED GROUPS WITH EDUCATIONAL PROGRAMS, CAREER SUPPORT AND OTHER RESOURCES LIKE FINANCIAL COUNSELING THAT WILL HELP THEM BUILD THE SKILLS TO DECREASE MULTIGENERATIONAL POVERTY AND BUILD GENERATIONAL WEALTH.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$340K

-48.1% YoY

Annual Giving

$389K

Grant Count

5

Avg Grant Size

$78K

About Black Impact Community Fund Inc

Based on IRS filings

Black Impact Community Fund Inc is a nonprofit organization focused on Human Services, based in LOS ANGELES, CA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $340K in total assets. In 2024, it awarded 5 grants totaling $389K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

BurbankLos Angeles

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$146K$292K$437K$583K2021202220232024
Metric202420232022
Total Assets$339,569$654,809$454,961
Revenue$150,180$479,139$530,164
Expenses$465,420$190,157$76,203
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$97K$194K$292K$389K0 grants20211 grants20220 grants20235 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

SOLA FOUNDATION$334KHOLLYROD FOUNDATION$25KTHINKWATTS FOUNDATION$10KSHE READY FOUNDATION$10KCOALITION FOR RESPONSIBL…$10K

Grant Size Distribution

6 grants across all recorded years

5<$50K$50–100K$100–250K1$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Sola Foundation ($333,688), Hollyrod Foundation ($25,000), Thinkwatts Foundation ($10,000).

RecipientPurposeAmount
SOLA FOUNDATION LOS ANGELES, CAYOUTH DEVELOPMENT$333,688
HOLLYROD FOUNDATION LOS ANGELES, CATO ASSIST WITH THE PATHWAYS TO HOME OWNERSHIP PROGRAM AND SUPPORT OPERATIONS$25,000
THINKWATTS FOUNDATION LOS ANGELES, CAYOUTH DEVELOPMENT$10,000
SHE READY FOUNDATION BURBANK, CAFINANCIAL LITERACY PROGRAMS, SUPPLIES FOR STUDENTS$10,000
COALITION FOR RESPONSIBLE COMMUNITY DEVELOPMENT LOS ANGELES, CADONATION FOR PRO BONO LEGAL SERVICES$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
DAN STILLWELLTREASURER1
SHERRI FRANCOISPRESIDENT/EXECUTIVE DIRECTOR3
MARTIN MUOTOCHAIRMAN1
SHIRLEY MONTALVOSECRETARY1
MIKE MAHURINGENERAL COUNSEL1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Black Impact Community Fund Inc?

Black Impact Community Fund Inc is a nonprofit organization focused on Human Services, based in LOS ANGELES, CA. It holds $340K in total assets as of 2024.

How large is Black Impact Community Fund Inc?

As of 2024, Black Impact Community Fund Inc holds $340K in total assets with $150K in annual revenue. It awarded 5 grants totaling $389K in 2024.

Where does Black Impact Community Fund Inc operate?

Black Impact Community Fund Inc has awarded grants in California.

What size grants does Black Impact Community Fund Inc award?

In 2024, Black Impact Community Fund Inc awarded 5 grants totaling $389K — an average of about $78K per grant, based on its IRS Form 990 filings.

What is Black Impact Community Fund Inc's EIN?

Black Impact Community Fund Inc's EIN (Employer Identification Number) is 85-3525884. IRS Form 990 filing data is available on this page for 2021–2024.

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Related Funders

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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