Black Belt Community Foundation Inc

Organization Overview

Black Belt Community Foundation Inc is located in Selma, AL. The organization was established in 2002. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Black Belt Community Foundation Inc employed 71 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Black Belt Community 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, Black Belt Community Foundation Inc generated $9.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 34.9% each year . All expenses for the organization totaled $8.1m during the year ending 12/2021. While expenses have increased by 24.9% 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.

Since 2014, Black Belt Community Foundation Inc has awarded 149 individual grants totaling $4,259,187. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE COMMUNITY DEVELOPMENT IN THE BLACK BELT REGION

Describe the Organization's Program Activity:

Part 3 - Line 4a

EDUCATION: THE FOUNDATION OPERATES A HEAD START PROGRAM, A COMPREHENSIVE CHILD DEVELOPMENT PROGRAM FOR LOW-INCOME FAMILIES AND CHILDREN, AGES 3 TO 5, IN THE FOLLOWING COUNTIES OF THE BLACK BELT: DALLAS COUNTY, CHOCTAW COUNTY, MARENGO COUNTY AND WILCOX COUNTY. THE BBCF HEAD START PROGRAM ENSURES CHILDREN AND FAMILIES ARE PREPARED AND READY FOR KINDERGARTEN. HEAD START ENGAGES PARENTS AND FAMILY MEMBERS IN POSITIVE RELATIONSHIPS, WITH FOCUS ON FAMILY WELL-BEING TO PROMOTE CHILDREN'S GROWTH IN A POSITIVE LEARNING ENVIRONMENT THROUGH A VARIETY OF SERVICES WHICH INCLUDES EARLY LEARNING AND DEVELOPMENT; HEALTH AND NUTRITION; AND FAMILY WELL-BEING. ADDITIONALLY, THE FOUNDATION'S REACH IN COMMUNITY HAS MADE IT A LEADING PARTNER WITH INSTITUTIONS OF HIGHER EDUCATION. THESE PARTNERSHIPS ALLOW A CONTINUUM OF CARE FOR CHILDREN AGES 3 THRU THE 1ST YEAR OF COLLEGE.


GRANTMAKING - THE FOUNDATION'S 18-YEAR SPAN OF CHARITABLE GIVING, INCLUDING EMERGENCY RESPONSE FUNDING, HAS PROVIDED ESSENTIAL, VERY NECESSARY, AND OFTENTIMES CRITICAL OPERATIONAL AND SUPPORT IN OUR TWELVE COUNTY BLACK BELT REGION, IN ADDITION TO TWELVE STATES ACROSS THE DEEP SOUTH. THE FOUNDATION DISTRIBUTED 80,000 FOOD BOXES VALUED AT $3,253,600. THE FOUNDATION DISTRIBUTED 480 GRANT DISBURSEMENTS TOTALING $1,634,501.50 DURING THE YEAR IN THE FOLLOWING AREAS: 190 GRANTS TOTALING $104,521 SUPPORTING HUMANITARIAN NEEDS, 29 GRANTS TOTALING $182,555 SUPPORTING TECHNOLOGY IN EDUCATION, 195 GRANTS TOTALING $872,187 SUPPORTING BLACK GIRLS AND WOMEN IN THE SOUTH; 22 GRANTS TOTALING $60,000 SUPPORTING ARTS AND CULTURE; 17 GRANTS TOTALING $39,238 SUPPORTING COMMUNITY DEVELOPMENT; ONE GRANT TOTALING $10,000 SUPPORTING CRIMINAL JUSTICE REFORM; 20 GRANTS TOTALING $61,000 SUPPORTING HEALTH AND WELLNESS; 5 GRANTS TOTALING $180,000 SUPPORT RACIAL EQUITY WORK; ONE GRANT TOTALING $5,000 SUPPORTING LGBTQ COMMUNITIES.


COMMUNITY LEADERSHIP - WITH A CREDIBLE HISTORY OF SERVING AS A TRUSTED COMMUNITY CONVENER, BBCF BRINGS TOGETHER LOCAL RESIDENTS, BUSINESS LEADERS, EDUCATORS, LOCAL AND COUNTY GOVERNMENTS TO STRATEGICALLY ATTACK MAJOR COMMUNITY CHALLENGES, SUCH AS FOOD SCARCITY, EMERGENCY SHELTER SHORTAGES, WASTEWATER SYSTEMS, HOUSING REHABILITATION NEEDS, INEQUITABLE SCHOOL SYSTEMS, AND NEIGHBORHOOD REVITALIZATION THROUGH A VARIETY OF PROGRAMS INCLUDING, ADVOCACY, COMMUNITY EDUCATION AND CIVIC PARTICIPATION.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Felecia Lucky
President
$157,617
Darlene Robinson
Chairperson
$0
Walter Givhan
Vice Chairperson
$0
Patricia M Farrior
Secretary
$0
Robert Turner
Treasurer
$0
Calida J M Craddock
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $3,988,535
All other contributions, gifts, grants, and similar amounts not included above$5,169,924
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$9,158,459
Total Program Service Revenue$0
Investment income $53,035
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $10,876
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $9,571,772

Grants Awarded

Over the last fiscal year, Black Belt Community Foundation Inc has awarded $1,180,500 in support to 35 organizations.

Grant RecipientAmount

FUND FOR SOUTHERN COMMUNITIES

Org PageRecipient Profile

Decatur, GA

PURPOSE: COMMUNITY DEVELOPMENT

$375,250

APPALACHIAN COMMUNITY FUND

PURPOSE: COMMUNITY DEVELOPMENT

$375,250

SAPPS COMMUNITY CENTER

Org PageRecipient Profile

Aliceville, AL

PURPOSE: STORM SHELTER/COMMUNITY DEVELOPMENT

$30,000

GREENE COUNTY FOSTER AND ADOPTIVE PARENTS ASSOCIATION

Org PageRecipient Profile

Eutaw, AL

PURPOSE: STORM SHELTER/COMMUNITY DEVELOPMENT

$30,000

MOORE WRIGHT GROUP

PURPOSE: STORM SHELTER/COMMUNITY DEVELOPMENT

$30,000

HALE COUNTY COMMUNITY ENRICHMENT SOCIETY

PURPOSE: STORM SHELTER/COMMUNITY DEVELOPMENT

$30,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Black Belt Community Foundation Inc has recieved totaling $1,000.

Awarding OrganizationAmount
Lawrence And Sherian Washington Family Foundation

Wilmington, DE

PURPOSE: GENERAL & UNRESTRICTED

$1,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$2,307,249
Earnings$60,273
Net Contributions$5,763,504
Grants$5,233,989
Ending Balance$2,897,037

Create an account to unlock the data you need.

or