MINNEAPOLIS, MN
Minnesota Black Collective Foundation
Quick Facts
- EIN
- 88-3613546
- Location
- MINNEAPOLIS, MN
- Category
- Philanthropy & Grantmaking
- NTEE Code
- T31
- Total Assets
- $5.2M
- Annual Income
- $2.8M
- Annual Revenue
- $2.8M
- IRS Ruling Year
- 2023
- Tax Subsection
- 501(c)(03)
About This Organization
Minnesota Black Collective Foundation is a nonprofit organization based in MINNEAPOLIS, MN. It received its IRS tax-exempt ruling in 2023. The organization is classified under IRC Section 501(c)(03). It operates in the area of philanthropy & grantmaking. Total assets are reported at $5.2M. Annual income is $2.8M. The organization has received $1.9M in foundation grants from 4 funders.
Grants Received from Foundations
Foundation grants awarded to Minnesota Black Collective Foundation, based on IRS 990-PF filings.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Target Foundation | $1.5M | 2024 | ECONOMIC OPPORTUNITY - HOMETOWN (ECOSYSTEM) |
| Mcknight Foundation | $200K | 2024 | to provide legal tools, training, guidance, and other supports to MN organizations advancing racial equity |
| Bush Foundation | $150K | 2024 | MINNESOTA LEGAL EDUCATION, ADVOCACY, AND DEFENSE FOR RACIAL JUSTICE FUND (LEAD) |
| Mcknight Foundation | $5K | 2023 | For general operating support in honor of Ms. Chanda Smith Baker's visionary leadership |
| Margaret A Cargill Foundation | $3K | 2023 | EMPLOYEE SERVICE AWARD |
Frequently Asked Questions
What does Minnesota Black Collective Foundation do?
Minnesota Black Collective Foundation is a nonprofit organization focused on philanthropy & grantmaking, based in MINNEAPOLIS, MN. It is classified under IRC Section 501(c)(03).
Who funds Minnesota Black Collective Foundation?
Minnesota Black Collective Foundation has received foundation grants from Target Foundation, Mcknight Foundation, Bush Foundation, and others.
What is Minnesota Black Collective Foundation's annual revenue?
Minnesota Black Collective Foundation reports total assets of $5.2M. Annual income is $2.8M.
Where is Minnesota Black Collective Foundation located?
Minnesota Black Collective Foundation is located in MINNEAPOLIS, MN.
Is Minnesota Black Collective Foundation a 501(c)(3)?
Yes, Minnesota Black Collective Foundation is a 501(c)(3) tax-exempt organization. Its EIN is 88-3613546. Donations to this organization may be tax-deductible.
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