Association of Black Foundation
Association of Black Foundation reported $13.8 million in revenue and $9.0 million in expenses for calendar year 2025. Of every $100 it spent, $74.61 went to program services, $17.09 to management and general costs and $8.30 to fundraising. Its largest source of revenue was contributions and grants: 82.5% of the total. The highest compensation it reported for one person was $399,028 (PRESIDENT & CEO). 16 people received more than $100,000 in reportable compensation. Revenue rose 699% between 2019 and 2025. Source: Form 990, 2025.
Where $100 of spending went
Calendar year 2025 · Form 990, Part IX, line 25 · total expenses $9.0MFor context, the median across 2,433 covered unclassified charities: $88.27 programs, $11.68 management, $0.05 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2025 · Form 990, Part VIII · total revenue $14MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 74.6% | 86.7% |
| Management & general Part IX 25(C) ÷ 25(A) | 17.1% | 11.5% |
| Fundraising Part IX 25(D) ÷ 25(A) | 8.3% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.07 | $0.01 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 82.5% | 29.9% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 3.8% |
| Program service revenue share Part VIII 2g ÷ 12 | 12.4% | 58.9% |
| Highest reported compensation Part VII-A, columns D–F | $399,028 | $301,601 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 4.44% | 1.38% |
| People paid over $100,000 Part VII, line 2 | 16 | 6 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 29.8 | 6.8 |
| Independent voting board members Part VI 1a–1b | 17 of 17 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2025 · Form 990, Part III · the three largest programs by expenseAnnual conference and james joseph lectureabfe's annual conference is a gathering of philanthropic and non-profit professionals for networking and engagement around shared interest in supporting black communities through philanthropy. The target audience is abfe's members and partners; foundation trustees, executive staff and program officers, grant making entities including private foundations, corporate giving programs, donor-advised funds and giving circles
Philanthropic advising servicesphilanthropic advising services provide workshops and tools designed to increase grantmakers' investments, develop collective giving models, and support donors in doing their work more effectively
Membership servicesabfe membership is open to philanthropic professionals, nonprofit leaders, individual donors, and sector partners. Abfe offers a variety of opportunities for members and other professionals in the field to exchange information and ideas, and to cultivate productive relationships that often result in learning, co-investment, and expanded social and professional opportunities and communities
Highest reported compensation
2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT & CEO Officer, 45.00 hrs/week | $330,582 | $0 | $68,446 | $399,028 |
| VP, FINANCE AND ADMIN Officer, 40.00 hrs/week | $215,768 | $0 | $67,323 | $283,091 |
| CHIEF DEVELOPMENT OFFICER Key employee, 40.00 hrs/week | $187,962 | $0 | $83,922 | $271,884 |
| CHIEF OF STAFF Key employee, 40.00 hrs/week | $244,366 | $0 | $27,423 | $271,789 |
| VP, PROGRAMS Key employee, 40.00 hrs/week | $191,902 | $0 | $49,811 | $241,713 |
| VP, EXTERNAL AFFAIRS Key employee, 40.00 hrs/week | $200,535 | $0 | $40,912 | $241,447 |
| DIRECTOR, PHILANTHROPIC ADVISING SVC Highest compensated employee, 40.00 hrs/week | $136,673 | $0 | $36,867 | $173,540 |
| DIRECTOR, STRATEGIC INITIATIVES Highest compensated employee, 40.00 hrs/week | $128,835 | $0 | $34,426 | $163,261 |
16 people received more than $100,000 in reportable compensation from Association of Black Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.7M (Part IX, line 5).
7 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b17 · 17 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 535
- Volunteers Part I, line 620
Largest outside contractors
2025 · Form 990, Part VII, Section B · businesses only| SIGNA BY HILTON ATLANTA Event management services | $804,101 |
| TRISTA HARRIS CONSULTING-FUTUREGOOD Strategic planning services | $139,550 |
| THE WIT GROUP FOR EQUITY AND SOCIAL IMPA Program consulting services | $139,180 |
Individuals listed as contractors are left out. 4 contractors were paid more than $100,000 in all.
Private foundation grants it received
52 private foundations reported grants to Association of Black Foundation totaling $3.4M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Association of Black Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Association of Black Foundation, you can publish a response that is linked from this page.
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Of every $100 Association of Black Foundation spent in 2025, $74.61 went to programs. The full breakdown, from its IRS Form 990:
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- The Bell FoundationNeedham, MA · revenue $14M · programs 79.4% · 2024
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Questions people ask
How much of Association of Black Foundation's spending goes to programs?
In calendar year 2025, Association of Black Foundation reported that 74.6% of its $9.0 million in expenses went to program services, 17.1% to management and general and 8.3% to fundraising (Form 990, Part IX).
How much does Association of Black Foundation pay its top executive?
The largest total compensation Association of Black Foundation reported for one person in calendar year 2025 was $399,028, for the role of PRESIDENT & CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Association of Black Foundation get its money?
Of $13.8 million in revenue in calendar year 2025, 82.5% came from contributions and grants and 12.4% from program service revenue (Form 990, Part VIII).
Is Association of Black Foundation a registered charity?
The IRS lists EIN 23-7156531 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024, 2025. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2025: Form 990 for calendar year 2025, object 202601349349303865 · read the filing · XML
- 2024: Form 990 for calendar year 2024, object 202511339349309566 · read the filing
- 2023: Form 990 for calendar year 2023, object 202401719349301450 · read the filing
- 2022: Form 990 for calendar year 2022, object 202322559349301852 · read the filing
- 2021: Form 990 for calendar year 2021, object 202223199349329672 · read the filing
- 2020: Form 990 for calendar year 2020, object 202133549349300853 · read the filing
- 2019: Form 990 for calendar year 2019, object 202003219349317055 · read the filing
All filings for EIN 23-7156531: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.