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    3. Spelman College Special Ventures Fund

    Spelman College Special Ventures Fund

    ActiveEducation
    ATLANTA, GA4046813643EIN: 58-15613432 filings on record
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    About Spelman College Special Ventures Fund

    This fund concentrates virtually all of its philanthropy on Spelman College, a historically Black women’s liberal arts college in Atlanta. Its giving appears to be institutional support for the college—likely large-scale endowment, capital, or program funding—rather than broad-based charitable grantmaking to multiple organizations. The foundation acts as a dedicated funding vehicle for sustaining and strengthening Spelman’s educational mission.

    Focus Areas

    Institutional support for Spelman College (endowment/capital/program funding)Undergraduate education at a Historically Black College/University (HBCU) for womenCampus academic program and student support (scholarships, faculty, curricula)

    Who They Fund

    Spelman College (institutional beneficiary)Spelman College students (primarily Black women)

    Giving Approach

    Extremely concentrated: very large gifts, few grants, and a single recurring beneficiary (Spelman College); not a diversified grantmaking portfolio.

    Funding Style

    institutional support

    Financial Snapshot

    Annual Giving

    $102.7M

    Total Assets

    $243.3M

    Total Revenue

    $20M

    Total Expenses

    $104.2M

    Typical Grant Size

    Most grants fall between $75M and $93.5M, with a median of $84.3M.

    25th Percentile

    $75M

    Median

    $84.3M

    75th Percentile

    $93.5M

    Geographic Reach

    Local1 state funded

    About 100% of grants go to recipients in GA.

    Funding intensity
    Low
    High
    Headquarters

    Deep Analysis

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    Free account · instant fit score · similar funders
    restricted/institution-designated funding
    education-focused giving
    endowment/capital support

    Notable grantees: Spelman College

    Topics

    higher educationwomen's college supportHBCU (Historically Black Colleges and Universities) supportstudent scholarships and financial aidacademic programs and campus initiatives
    Latest 990 Filing

    2024

    Source: IRS Form 990-PF, fiscal year 2024.

    Recent Grants

    Most recent grants reported to the IRS.

    RecipientLocationAmountYearPurpose
    SPELMAN COLLEGEATLANTA, GA$102,745,0562024EDUCATION
    SPELMAN COLLEGEATLANTA, GA$65,774,7352023EDUCATION

    SPELMAN COLLEGE

    $102,745,056
    ATLANTA, GA2024

    EDUCATION

    SPELMAN COLLEGE

    $65,774,735
    ATLANTA, GA2023

    EDUCATION