Congressional Black Caucus Foundation Inc

Organization Overview

Congressional Black Caucus Foundation Inc is located in Washington, DC. The organization was established in 1979. According to its NTEE Classification (R22) the organization is classified as: Minority Rights, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. As of 12/2021, Congressional Black Caucus Foundation Inc employed 30 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Congressional Black Caucus 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.

For the year ending 12/2021, Congressional Black Caucus Foundation Inc generated $17.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.7% each year . All expenses for the organization totaled $10.9m during the year ending 12/2021. While expenses have increased by 5.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO ADVANCE THE BLACK COMMUNITY BY DEVELOPING LEADERS, INFORMING POLICY, & EDUCATING THE PUBLIC.

Describe the Organization's Program Activity:

Part 3 - Line 4a

LEADERSHIP INSTITUTE/CPAR THE CONGRESSIONAL BLACK CAUCUS FOUNDATION, INC, (CBCF) LEADERSHIP INSTITUTE OFFERS A MYRIAD OF PROGRAMS AIMED AT BUILDING THE NEXT GENERATION OF LEADERS TO INCLUDE INTERNSHIPS, FELLOWSHIPS, SCHOLARSHIPS, AND STUDY ABROAD PROGRAMS. OPPORTUNITIES ARE PROVIDED TO AFRICAN AMERICAN EMERGING LEADERS INTERESTED IN GAINING THE FIRST-HAND EXPERIENCE IN PUBLIC POLICY MAKING AS WELL AS DULY COMMITTED TO ADDRESSING SOCIAL INEQUALITIES AMONG UNDERSERVED GROUPS. INTERNSHIPS ARE OFFERED IN THE SPRING AND FALL AND THE SUMMER ALONG WITH PROFESSIONAL DEVELOPMENT LEADERSHIP TRAINING. FELLOWSHIPS ARE FOR 20-MONTHS ALLOWING YOUNG PROFESSIONALS TO GAIN EXPERIENCE WORKING ON CAPITOL HILL IN BOTH MEMBER OFFICES, THE HOUSE AND SENATE COMMITTEES. SCHOLARSHIPS ARE PROVIDED TO HIGH SCHOOL QUALIFIED STUDENTS AND CONTINUING EDUCATION COLLEGE STUDENTS.


CBCF SCHOLARSHIP PROGRAM, COVERS EXPENSES FOR QUALIFIED SCHOLARSHIP RECEIPIENTS, SOME SCHOLARSHIPS ARE ANNUAL, SOME OF THE SCHOLARSHIPS ARE MULTI-YEAR GIFTS. THESE SCHOLARSHIPS ARE AWARDED BASED ON A MERIT-BASED APPLICATION PROCESS.


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Board, Officers & Key Employees

Name (title)Compensation
Tonya Veasey
President And CEO Until 8/31
$375,000
Paul Dumars
CFO
$241,000
Donna Fisher Lewis
VP Of Development
$226,000
Deidra Barksdale
CFO
$175,000
Tory Hariston
VP Of Marketing
$161,000
Christopher Epps
VP Of Marketing
$145,000

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Miles Ahead Entertainment
Talent
$472,447
Rj Whyte
Alc Conference
$542,259
The Hatcher Group
Marketing Consultant
$369,912
Redston
Registration Services
$283,354
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$1,735,540
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$14,305,413
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$16,040,953
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $949,367
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $16,990,320

Grants Recieved

Over the last fiscal year, we have identified 34 grants that Congressional Black Caucus Foundation Inc has recieved totaling $8,774,288.

Awarding OrganizationAmount
Tracking Foundation

New York, NY

PURPOSE: SCHOLARSHIP PROGRAM

$4,500,000
Winston-Salem Foundation

Winstonsalem, NC

PURPOSE: 2 GRANT(S) FOR VARYING PURPOSES

$2,000,000
Charities Aid Foundation America

Alexandria, VA

PURPOSE: CHARITABLE DONATION

$446,355
Scotts Miracle-Gro Foundation

Marysville, OH

PURPOSE: SOCIAL JUSTICE

$300,000
Scotts Miracle-Gro Foundation

Marysville, OH

PURPOSE: SOCIAL JUSTICE

$300,000
Casey Family Programs

Seattle, WA

PURPOSE: FOR GENERAL SUPPORT FOR THE NATIONAL RACIAL EQUITY INITIATIVE FOR SOCIAL JUSTICE FELLOWSHIP PROGRAM AND VIRTUAL CONFERENCE, AND THE ANNUAL LEGISLATIVE CONFERENCE

$200,000
View Grant Recipient Profile

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