Minnesota Black Collective Foundation

MINNEAPOLIS, MN EIN: 88-3613546 Website

Build black philanthropic power to strengthen the ecosystem of black-led social, political, and economic change in Minnesota and beyond.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$5.2M

+9.4% YoY

Annual Giving

$777K

-16.0% YoY

Grant Count

-39.2% YoY

Avg Grant Size

$25K

+38.3% YoY

About Minnesota Black Collective Foundation

Based on IRS filings

Minnesota Black Collective Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in MINNEAPOLIS, MN. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $5.2M in total assets. In 2024, it awarded 31 grants totaling $777K. Net investment income was $129K.

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Minnesota $1.5M (91%)

California $60K (4%)

Indiana $35K (2%)

District of Columbia $30K (2%)

North Dakota $20K (1%)

States

California District of Columbia Indiana Minnesota North Dakota

Cities

AlexandriaApple ValleyBrooklyn CenterBrooklyn ParkDetroit LakesFargoFridleyGolden ValleyIndianapolisLittle CanadaLos AngelesMinneapolisMoorheadNorth Saint PaulOakdaleRochesterSaint PaulSan JoseSt CloudSt Paul

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$5,154,987	$4,713,584	—
Revenue	$2,832,734	$5,851,290	—
Expenses	$2,146,639	$1,535,223	—
Qualifying Distributions	—	—	—
Net Investment Income	$128,620	$20,405	—
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 10 recipients in 2024

Grant Size Distribution

81 grants across all recorded years

Open Grants

6 open opportunities from Minnesota Black Collective Foundation

Show all 6 →

Foundation

Black-Led Change Fellows Program

MINNESOTA BLACK COLLECTIVE FOUNDATION

Amount

Unknown

Deadline

Rolling / Open

Annual

Foundation

New Suns Fellowship

MINNESOTA BLACK COLLECTIVE FOUNDATION

Amount

$10,000

Deadline

Rolling / Open

Annual

Foundation

Philanthropic Power Grants

MINNESOTA BLACK COLLECTIVE FOUNDATION

Amount

Unknown

Deadline

Rolling / Open

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Diverse Emerging Music Organization ($50,000), Indigenous Roots ($50,000), Morning Glory Montessori ($50,000).

Recipient	Purpose	Amount
846s org Minneapolis, MN	Black led change grant	$10,000
All Things Possible Theatrical and Arts Group Inc North Saint Paul, MN	Black led change grant	$10,000
Barbershop and Social Services Rochester, MN	Fiscal sponsor of Sister Saves Sisters	$10,000
BOB Rewards Club Minneapolis, MN	Black led change grant	$10,000
Central Area Neighborhood Development Organization Minneapolis, MN	Fiscal agent for Healing by Lauryn	$10,000
Sports Mentorship Academy Rochester, MN	Sports Mentorship Academy / Rochester in Color	$10,000
Council on American Islamic Relations CAIR-Minnesota St Paul, MN	Black Led Change grant as fiscal sponsor of The Bureau	$10,000
Cultural Wellness Center Minneapolis, MN	Fiscal sponsor for Biking with Baddies ($10,000); Discretionary Fund Grant ($7,000); Co-Founders Fund Grant ($3,000)	$20,000
Diverse Emerging Music Organization Minneapolis, MN	Fiscal sponsor for BLovely Productions and LaMae Photography	$50,000
Fiscal Sponsorship Allies Inc Indianapolis, IN	For Reviving Roots Therapy & Wellness	$35,392

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
Lulete Mola	Secretary, President, Co-Founder & Corp Member	40	$170,054
Chanda Smith Baker	Treasurer (Jan-Mar), Corp Member	2	$73,700
Shawntera Hardy	Board Member	1	—
Rachel Hardeman	Board Member	1	—
Repa Mekha	Chair (Jan-Mar), Corp Member	2	—
Aretha Green-Rupert	Chair/Secretary	2	—
Jai Winston	Treasurer	2	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Minnesota Black Collective Foundation?

Minnesota Black Collective Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in MINNEAPOLIS, MN. It holds $5.2M in total assets as of 2024.

How large is Minnesota Black Collective Foundation?

As of 2024, Minnesota Black Collective Foundation holds $5.2M in total assets with $2.8M in annual revenue. It awarded 31 grants totaling $777K in 2024.

Where does Minnesota Black Collective Foundation operate?

Minnesota Black Collective Foundation has awarded grants in California, District of Columbia, Indiana, Minnesota, North Dakota.

What size grants does Minnesota Black Collective Foundation award?

In 2024, Minnesota Black Collective Foundation awarded 31 grants totaling $777K — an average of about $25K per grant, based on its IRS Form 990 filings.

What is Minnesota Black Collective Foundation's EIN?

Minnesota Black Collective Foundation's EIN (Employer Identification Number) is 88-3613546. IRS Form 990 filing data is available on this page for 2022–2024.