Minnesota Black Collective Foundation
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
31
-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
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| 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
Black-Led Change Fellows Program
MINNESOTA BLACK COLLECTIVE FOUNDATION
Amount
Unknown
Deadline
Rolling / Open
New Suns Fellowship
MINNESOTA BLACK COLLECTIVE FOUNDATION
Amount
$10,000
Deadline
Rolling / Open
Philanthropic Power Grants
MINNESOTA BLACK COLLECTIVE FOUNDATION
Amount
Unknown
Deadline
Rolling / Open
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 |
|---|---|---|---|
| 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
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Minnesota Black Collective Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities