Harness the collective expertise and influence of business leaders to expand economic prosperity and generational wealth across the Black community by closing racial economic disparities through policy reimagination, investment and philanthropic programs, research, and public education.
A defining feature of Black Economic Alliance Foundation’s grantmaking is its sustained support for the Center for Black Entrepreneurship, housed at Spelman and Morehouse Colleges and designed to reduce access barriers for Black entrepreneurs through education, mentorship, access to capital, and opportunity. That initiative appears repeatedly in the foundation’s recent awards, including a $5.3 million grant to Morehouse College in 2025 and a $2.35 million grant to Spelman College in 2024, showing a multiyear commitment rather than isolated project funding. The foundation also backs related work at Clark Atlanta University, alongside smaller grants tied to public-opinion and nonpartisan activity on economic opportunity for Black Americans. Its grantmaking reflects a focus on Black entrepreneurship development, economic opportunity, policy and advocacy, research and data, and support for nonprofit center infrastructure. Across these awards, the pattern is programmatic and institution-based, with major college partners in Atlanta serving as recurring anchors for implementation. The foundation’s work is tied to closing racial economic disparities through policy reimagination, investment and philanthropic programs, research, and public education.
Black Economic Alliance Foundation supports entrepreneurship infrastructure through the Center for Black Entrepreneurship. In 2025, it gave $5.3 million to Morehouse College and $1.25 million to Spelman College, both in Atlanta, for the center. It also gave $1 million to Clark Atlanta University in 2025 for the same purpose, showing that the entrepreneurship work is organized around a cluster of Atlanta institutions. The foundation also funds public-opinion and research-related activity. In 2025, it gave $200,000 to Black Economic Alliance (c4) for nonpartisan activity and polling related to economic opportunities for Black Americans, and another $64,000 in 2025 to cover expenses for the Hart Research. A separate $247,380 grant to Vote to Live Action Fund supported permissible 501(c)(3) activities.
Typical grant size is large: the p25 is $1,000,000, the median is $1,100,000, and the p75 is $2,350,000. The recent record shows repeated support to the same institutions across multiple years, especially Atlanta colleges and Black Economic Alliance (c4), which appears in both 2024 and 2025. That points to a recurring, programmatic grantmaking pattern rather than one-off awards. The foundation is a regular funder, not a DAF or PRI vehicle, and it does not fund individuals. Grants are publicly reported in the 990 data; no unsolicited application process is indicated in the provided materials.
$21.6M
$28.9M
$22.9M
$8.8M
Most grants fall between $1M and $2.4M, with a median of $1.1M.
25th Percentile
$1M
Median
$1.1M
75th Percentile
$2.4M
About 20% of grants go to recipients in GA.
SAMANTHA TWEEDY
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Giving is regional, with all recorded recent grants going to US recipients. Atlanta is the clear center of activity in the recent grant list, with Morehouse College, Spelman College, and Clark Atlanta University all receiving awards there. Washington, DC also appears as a recipient location through Black Economic Alliance (c4) and Vote to Live Action Fund. The foundation gives most often in Georgia, and 20% of grants go to recipients in DC.
The foundation’s focus areas include economic mobility, workforce development, entrepreneurship, policy and advocacy, and research and data. Recent grants also align with Black entrepreneurship development, public opinion research on economic issues, and support for nonprofit center infrastructure.
Typical grants are substantial. The p25 is $1,000,000, the median is $1,100,000, and the p75 is $2,350,000. Recent awards also include several multi-million-dollar grants tied to the Center for Black Entrepreneurship.
Yes. The recent grant list shows repeated awards to the same institutions across 2023, 2024, and 2025, including Atlanta colleges and Black Economic Alliance (c4). The center-focused grants especially show a multi-year pattern.
Its giving is regional and concentrated in the United States. Georgia is the top state by grant count, with Atlanta institutions receiving multiple awards, while 20% of grants go to recipients in Washington, DC.
Recipients include colleges, a 501(c)(3) action fund, and a c4 organization. The grant list shows support for Morehouse College, Spelman College, Clark Atlanta University, Vote to Live Action Fund, and Black Economic Alliance (c4).
2025
Source: IRS Form 990-PF, fiscal year 2025.
Most recent grants reported to the IRS.
| Recipient | Location | Amount | Year | Purpose |
|---|---|---|---|---|
| MOREHOUSE COLLEGE | ATLANTA, GA | $5,300,000 | 2025 | TO SUPPORT THE CENTER FOR BLACK ENTREPRENEURSHIP |
| SPELMAN COLLEGE | ATLANTA, GA | $2,350,000 | 2025 | TO SUPPORT THE CENTER FOR BLACK ENTREPRENEURSHIP |
| SPELMAN COLLEGE | ATLANTA, GA | $1,250,000 | 2025 | TO SUPPORT THE CENTER FOR BLACK ENTREPRENEURSHIP |
| CLARK ATLANTA UNIVERSITY | ATLANTA, GA | $1,000,000 | 2025 | TO SUPPORT THE CENTER FOR BLACK ENTREPRENEURSHIP |
| VOTE TO LIVE ACTION FUND | WASHINGTON, DC | $247,380 | 2025 | TO FUND SECTION 501(C)(3) - PERMISSIBLE ACTIVITIES |
| BLACK ECONOMIC ALLIANCE (C4) | WASHINGTON, DC | $200,000 | 2025 | NONPARTISAN ACTIVITY AND POLLING RELATED TO ECONOMIC OPPORTUNITIES FOR BLACK AMERICANS |
| BLACK ECONOMIC ALLIANCE (C4) | WASHINGTON, DC | $179,887 | 2025 | NONPARTISAN ACTIVITY AND POLLING RELATED TO ECONOMIC OPPORTUNITIES FOR BLACK AMERICANS |
| BLACK ECONOMIC ALLIANCE (C4) | WASHINGTON, DC | $64,000 | 2025 | TO COVER EXPENSES FOR THE HART RESEARCH |
| BLACK ECONOMIC ALLIANCE (C4) | WASHINGTON, DC | $50,000 | 2025 | NONPARTISAN ACTIVITY AND POLLING RELATED TO ECONOMIC OPPORTUNITIES FOR BLACK AMERICANS |
| MOREHOUSE COLLEGE | ATLANTA, GA | $5,300,000 | 2024 | TO SUPPORT THE CENTER FOR BLACK ENTREPRENEURSHIP |
| SPELMAN COLLEGE | ATLANTA, GA | $2,350,000 | 2024 | TO SUPPORT THE CENTER FOR BLACK ENTREPRENEURSHIP |
| CLARK ATLANTA UNIVERSITY | ATLANTA, GA | $1,000,000 | 2024 | TO SUPPORT THE CENTER FOR BLACK ENTREPRENEURSHIP |
| BLACK ECONOMIC ALLIANCE (C4) | WASHINGTON, DC | $64,000 | 2024 | TO COVER EXPENSES FOR THE HART RESEARCH |
| MOREHOUSE COLLEGE | ATLANTA, GA | $1,100,000 | 2023 | EDUCATION |
| SPELMAN COLLEGE | ATLANTA, GA | $1,100,000 | 2023 | EDUCATION |
MOREHOUSE COLLEGE
$5,300,000TO SUPPORT THE CENTER FOR BLACK ENTREPRENEURSHIP
SPELMAN COLLEGE
$2,350,000TO SUPPORT THE CENTER FOR BLACK ENTREPRENEURSHIP
SPELMAN COLLEGE
$1,250,000TO SUPPORT THE CENTER FOR BLACK ENTREPRENEURSHIP
CLARK ATLANTA UNIVERSITY
$1,000,000TO SUPPORT THE CENTER FOR BLACK ENTREPRENEURSHIP
VOTE TO LIVE ACTION FUND
$247,380TO FUND SECTION 501(C)(3) - PERMISSIBLE ACTIVITIES
BLACK ECONOMIC ALLIANCE (C4)
$200,000NONPARTISAN ACTIVITY AND POLLING RELATED TO ECONOMIC OPPORTUNITIES FOR BLACK AMERICANS
BLACK ECONOMIC ALLIANCE (C4)
$179,887NONPARTISAN ACTIVITY AND POLLING RELATED TO ECONOMIC OPPORTUNITIES FOR BLACK AMERICANS
BLACK ECONOMIC ALLIANCE (C4)
$64,000TO COVER EXPENSES FOR THE HART RESEARCH
BLACK ECONOMIC ALLIANCE (C4)
$50,000NONPARTISAN ACTIVITY AND POLLING RELATED TO ECONOMIC OPPORTUNITIES FOR BLACK AMERICANS
MOREHOUSE COLLEGE
$5,300,000TO SUPPORT THE CENTER FOR BLACK ENTREPRENEURSHIP
SPELMAN COLLEGE
$2,350,000TO SUPPORT THE CENTER FOR BLACK ENTREPRENEURSHIP
CLARK ATLANTA UNIVERSITY
$1,000,000TO SUPPORT THE CENTER FOR BLACK ENTREPRENEURSHIP
BLACK ECONOMIC ALLIANCE (C4)
$64,000TO COVER EXPENSES FOR THE HART RESEARCH
MOREHOUSE COLLEGE
$1,100,000EDUCATION
SPELMAN COLLEGE
$1,100,000EDUCATION