Minnesota Black Collective Foundation

Minneapolis, MN, 55404 (612) 293-7787 Est. 2022 EIN 88-3613546
T31 - Community Foundations 990 - Public charity return 501(c)(3)
www.minnesotablackcollectivefoundation.org

Mission

Our mission is to build Black philanthropic power to strengthen the ecosystem of Black-led social, political, and economic change in Minnesota and beyond.

Giving Portfolio

Total Grants
102
Total Giving
$2.0M
Recipients
93
Years Active
2023 - 2025
Avg grant: $20,130 Median: $10,000

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
202520$344K $17K155
202431$777K $25K274
202351$925K $18K420

Sectors Funded

Arts, Culture & Humanities
19
Education
17
Community Improvement
9
Human Services
9
Youth Development
8
Civil Rights & Advocacy
4
Housing & Shelter
4
Philanthropy & Grantmaking
3
and 10 more sectors

Top States

Minnesota
93
California
4
District of Columbia
2
North Dakota
2
Indiana
1

Grantee Size Profile

$100K - $500K
38
$1M - $5M
20
$500K - $1M
7
Under $100K
6
$10M - $50M
4
$5M - $10M
4
Over $50M
3

Top Grantees

Page 1 of 3
MN - 3 grants
$85K
MN - 4 grants
$80K
MN - 2 grants
$70K
MN - 2 grants
$60K
$60K

Grants Awarded · 94 grants

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Financials

Total Revenue
$2,317,894
Total Expenses
$2,377,746
Net Assets
$4,948,862
4 employees 30 volunteers
From latest filing (tax period ending 2025-12-31)

Financial Health

Operating Reserve
2.1 years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↓ 18.2%
Expenses ↑ 10.8%
Revenue Sources
Contributions 95.6% Investment 4.4%
Expense Breakdown
Program 79.5% Management 13.3% Fundraising 7.2%

Officers & Trustees (7)

Individual compensation is available on Grow plans.

Filing History (4 filings)

YearRevenueExpensesNet Assets
2025 990 - Public charity return
Jan 1, 2025 to Dec 31, 2025
$2,317,894 ↓$2,377,746$4,948,862
2024 990 - Public charity return
Jan 1, 2024 to Dec 31, 2024
$2,832,734 ↓$2,146,639$5,002,162
2023 990 - Public charity return
Jan 1, 2023 to Dec 31, 2023
$5,851,290 ↑$1,535,223$4,316,067
2022 990-EZ - Short-form return
Jan 1, 2022 to Dec 31, 2022
$0 $0$0

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EIN: 88-3613546 · Source: IRS Form 990 e-file data