From public IRS filings
MINNESOTA BLACK COLLECTIVE FOUNDATION
MINNEAPOLIS, MN · Philanthropy & Voluntarism
Mission
Build black philanthropic power to strengthen the ecosystem of black-led social, political, and economic change in Minnesota and beyond.
Financials (IRS Form 990)
Total revenue
$2.8M
Total expenses
$2.1M
Total assets
$5.2M
Program expense ratio
72%
Source: IRS Form 990, tax year 2024.
Who funds MINNESOTA BLACK COLLECTIVE FOUNDATION
$7.1M in foundation grants on record from 20 funders — matched from IRS 990 grant line items. Some matches may be approximate.
| Funder | Total given | Grants |
|---|---|---|
| Nexus Community Partners | $3.3M | 1 |
| Target Foundation | $1.5M | 1 |
| Thrivent Financial for Lutherans | $1M | 1 |
| Pohlad Family Foundation | $250K | 2 |
| Mcknight Foundation | $205K | 2 |
| Minneapolis Foundation | $152K | 1 |
| Bush Foundation | $150K | 1 |
| Headwaters Foundation for Justice | $125K | 2 |
| Twin Cities Schools' Telecommunications Group | $99K | 2 |
| Fidelity Investments Charitable Gift Fund | $73K | 2 |
Leadership
Lulete Mola — Board Chair (Principal officer)
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