Black Lives Matter Foundation Inc
- Assets
- $33.3m
- Revenue
- $8.5m
- Investments
- $0.0
- Employees
- 2
- Location
- Oakland, CA
- Founding
- Data as of
- 06/2022
- EIN
- 82-4862489
Organization Overview
Black Lives Matter Foundation Inc is located in Oakland, CA. According to its NTEE Classification (R20) the organization is classified as: Civil Rights, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. As of 06/2022, Black Lives Matter Foundation Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Black Lives Matter Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2021, Black Lives Matter Foundation Inc has awarded 60 individual grants totaling $22,222,567. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
HEAL THE PAST, RE-IMAGINE THE PRESENT, AND INVEST IN THE FUTURE OF BLACK LIVES
Describe the Organization's Program Activity:
Part 3 - Line 4a
HEALING JUSTICE - WE ARE BUILDING A COMMUNITY OF HEALING AND NURTURING ECOSYSTEMS THAT SUPPORT BLACK COMMUNITIES IMPACTED BY OPPRESSIVE STRUCTURES AND INJUSTICE. TO THAT END, WE ARE CREATING GLOBAL INITIATIVES THAT BUILD COALITIONS AMONGST COMMUNITY ACTIVISTS, LEADERS, AND ORGANIZERS; AND SUPPORTING THE WORK OF ORGANIZATIONS AS THEY SUPPORT BLACK-LED AND INTERSECTIONAL MOVEMENT WORK LOCALLY AND INTERNATIONALLY, BY BUILDING CAPACITY, INFRASTRUCTURE, MEMBERSHIP, AND PRESENCE; PROVIDING SEED FUNDING; DEVELOPING PROGRAMMING; PROVIDING TRAININGS; AND PROVIDING PUBLIC RELATIONS, AND COMMUNICATIONS.
ARTS PROGRAM - WE ARE CONCENTRATING ON THE NEXUS OF ART AND ACTIVISM IN PURSUIT OF BLACK LIBERATION AND THE PRESERVATION AND PROTECTION OF BLACK CREATIVITY. WE SUPPORT EMERGING AND ESTABLISHED INDIVIDUAL BLACK ARTISTS AND ORGANIZATIONS WHO ARE IN SOLIDARITY WITH MARGINALIZED COMMUNITIES. IN ADDITION TO UPLIFTING THE VOICES OF THE BLACK ARTS COMMUNITY, THIS PROGRAM SERVES AS A CONNECTION POINT TO PROVIDE ART EXPOSURE AND EDUCATION FOR COMMUNITIES THAT ARE OFTEN LEFT OUT, PARTICULARLY FOR YOUTH. THROUGH THIS PROGRAM, WE HAVE PURCHASED A PROPERTY THAT HAS A PRODUCTION STUDIO AND OFFICE/COMMUNAL SPACES THAT SERVES AS OUR ARTISTIC HEADQUARTERS AND ALLOWS US TO EFFECTIVELY MEET OUR PROGRAMMATIC OBJECTIVES, INCLUDING: CREATING CUTTING EDGE CONTENT ABOUT ABOLITION AND OUR WELL-BEING, CONVENE ESTABLISHED AND EMERGING LEADERS IN THE GLOBAL ARTS COMMUNITY; RUN ART ACTIVATIONS, CREATE AND CURATE ARTISTIC PERFORMANCES (FILM, TELEVISION, THEATER, ETC.); AND RUN AN AMBASSADOR AND FELLOWSHIP PROGRAMMING.
FRONTLINE ORGANIZING - WE ARE PARTNERING WITH ON-THE-GROUND LEADERS AND ORGANIZATIONS AT THE LOCAL LEVEL THAT CENTER ABOLITIONIST PRINCIPLES AND ARE BUILDING RADICAL BLACK ORGANIZING MODELS ROOTED IN BLACK POWER, SELF-DETERMINATION AND SUPPORT OF SYSTEM IMPACTED FAMILIES. WE ARE HELPING TO KEEP ABOLITIONIST FRONTLINE ORGANIZERS AND ACTIVISTS SAFE BY PROVIDING SECURITY SERVICES (BOTH DIGITAL AND PHYSICAL) FOR THEM. WHITE SUPREMACISTS AND ALIGNED ORGANIZATIONS REPRESENT A THREAT TO ORGANIZERS AND ACTIVISTS AND OUR MISSION WILL NOT BE ACCOMPLISHED IF THESE FREEDOM FIGHTERS ARE NOT KEPT SAFE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cicley Gay Board Chair | OfficerTrustee | 15 | $0 |
Shalomyah Bowers Board Secretary | OfficerTrustee | 15 | $0 |
D'zhane Parker Board Treasurer | OfficerTrustee | 15 | $0 |
Danielle Edwards Board Member | Trustee | 5 | $0 |
Minyon Moore Board Member | Trustee | 5 | $0 |
Paul Cullors Head Of Security | 50 | $124,702 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
New Impact Partners Llc Consulting Services | 6/29/22 | $937,500 |
Black Ties Llc Security Services | 6/29/22 | $756,330 |
People's Television Inc Design & Media | 6/29/22 | $557,000 |
We Are Rally Inc Communications | 6/29/22 | $693,475 |
Dewey Square Group Communications, It & Digital | 6/29/22 | $534,243 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $9,268,283 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,268,283 |
| Total Program Service Revenue | $0 |
| Investment income | $44,957 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $135,554 |
| Net Rental Income | $1,558 |
| Net Gain/Loss on Asset Sales | -$961,290 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,489,062 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,250,777 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $250,000 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $325,000 |
| Pension plan accruals and contributions | $19,604 |
| Other employee benefits | $109,577 |
| Payroll taxes | $22,374 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,380,284 |
| Fees for services: Accounting | $196,333 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $421,800 |
| Fees for services: Investment Management | $77,183 |
| Fees for services: Other | $8,500,862 |
| Advertising and promotion | $0 |
| Office expenses | $97,717 |
| Information technology | $902,919 |
| Royalties | $0 |
| Occupancy | $264,690 |
| Travel | $76,849 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $102,325 |
| Insurance | $50,516 |
| All other expenses | $0 |
| Total functional expenses | $17,048,810 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,394,110 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $113,664 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $37,276 |
| Net Land, buildings, and equipment | $5,920,740 |
| Investments—publicly traded securities | $22,825,096 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $33,290,886 |
| Accounts payable and accrued expenses | $1,683,165 |
| Grants payable | $1,402,701 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,085,866 |
| Net assets without donor restrictions | $30,205,020 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $33,290,886 |
Grants Awarded
Over the last fiscal year, Black Lives Matter Foundation Inc has awarded $4,250,777 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
LOVE NOT BLOOD CAMPAIGN PURPOSE: TO CONDUCT ACTIVITIES TO SUPPORT BLACK COMMUNITIES | $1,269,368 |
CENTER FOR BLACK POWER PURPOSE: TO CONDUCT ACTIVITIES TO SUPPORT BLACK COMMUNITIES | $800,000 |
CENTER FOR THIRD WORLD ORGANIZING PURPOSE: TO CONDUCT ACTIVITIES TO SUPPORT BLACK COMMUNITIES | $533,200 |
ANTI POLICE-TERROR PROJECT PURPOSE: TO CONDUCT ACTIVITIES TO SUPPORT BLACK COMMUNITIES | $200,000 |
CHOSEN FOR CHANGE ICO URBAN LEAGUE OF METROPOLITAN ST LOUIS PURPOSE: TO CONDUCT ACTIVITIES TO SUPPORT BLACK COMMUNITIES | $297,000 |
REUNITING OF AFRICAN DESCENDANTS PURPOSE: TO CONDUCT ACTIVITIES TO SUPPORT BLACK COMMUNITIES | $200,000 |