Overview
What is Congressional Black Caucus Foundation Inc?
The Congressional Black Caucus Foundation Inc, based in Washington D.C., is a nonprofit organization dedicated to improving socioeconomic conditions for African Americans and other underserved communities. With a mission to develop leaders, inform policy, and educate the public, this institution offers a range of programs to achieve its goals. These initiatives include internships, fellowships, scholarships, and study abroad programs, providing opportunities for emerging leaders to gain experience in public policy making and address social inequalities. The foundation, founded in 1976, envisions a world free of disparities and aims to contribute fully to advancing the common good. Through facilitating the exchange of ideas and information, developing strategic research and historical resources, providing leadership development and scholarship opportunities, and creating effective programs to address social, economic, and health disparities, the Congressional Black Caucus Foundation, Inc. is making a significant impact in the lives of many.
Official website here: www.cbcfinc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 79% - Three-Star out of Four Star rating
The Congressional Black Caucus Foundation Inc has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The rating is based entirely on the organization’s accountability and finance score, which reflects various governance practices and financial metrics. The Foundation has shown a commendable commitment to transparency, with all board members being independent and a well-structured oversight committee in place.
Strengths highlighted in the assessment include excellent scores in areas such as the documentation of board meeting minutes, the existence of conflict of interest and whistleblower policies, and no incidents of material asset diversion. The organization also maintains a healthy financial standing, with a low liabilities-to-assets ratio and a strong working capital position, ensuring it can sustain operations effectively.
However, while the overall financial management appears robust, specific details regarding the salaries of key personnel may raise questions about compensation in relation to the organization's mission. The highest salary noted is $367,000 for the CEO, which could be seen as significant in the nonprofit sector. Overall, the organization demonstrates solid management practices, but potential donors may wish to consider leadership compensation in their evaluations.
This AI summary has been generated from information found on Charity Navigator.
Is Congressional Black Caucus Foundation Inc legitimate?
Congressional Black Caucus Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Congressional Black Caucus Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $1,417,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,392,074
For more financial information, click here
Official website here: www.cbcfinc.org
What is the mission statement of Congressional Black Caucus Foundation Inc?
The Congressional Black Caucus Foundation, a nonprofit organization, strives to enhance the socioeconomic conditions of African Americans and other underrepresented communities. Established in 1976, its vision is to eliminate disparities and enable these communities to contribute meaningfully to society. To achieve this mission, the Foundation facilitates the exchange of ideas and information to tackle pressing issues, conducts strategic research and historical resource development, and offers leadership development opportunities and scholarships. Moreover, it initiates effective programs and research aimed at addressing social, economic, and health disparities.
Official website here: www.cbcfinc.org
Who is the CEO of Congressional Black Caucus Foundation Inc?
Nicole Austin-Hillery is the Pceo of Congressional Black Caucus Foundation Inc. The CEO's salary of Congressional Black Caucus Foundation Inc is $367,000 and their total compensation is $367,000.
Official website here: www.cbcfinc.org
What is the revenue of Congressional Black Caucus Foundation Inc?
Congressional Black Caucus Foundation Inc's revenue in 2022 was $18,491,050.
Official website here: www.cbcfinc.org
Who are the executives of Congressional Black Caucus Foundation Inc and what are their salaries?
The average compensation at Congressional Black Caucus Foundation Inc during 2022 was $126,986. There are 30 employees and 150 volunteers at Congressional Black Caucus Foundation Inc.
Here are 49 key members and their salaries (Congressional Black Caucus Foundation Inc's CEO's salary is $367,000 and their total compensation is $367,000):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $235,000
- Related: $0
- Other: $0
- Compensation: $169,500
- Related: $0
- Other: $0
- Compensation: $231,000
- Related: $0
- Other: $0
- Compensation: $185,000
- Related: $0
- Other: $0
- Compensation: $230,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $367,000
- Related: $0
- Other: $0
Official website here: www.cbcfinc.org
Where can I find the form 990 for Congressional Black Caucus Foundation Inc?
Congressional Black Caucus Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cbcfinc.org
Learn more at the official website: www.cbcfinc.org
Mission Statement of Congressional Black Caucus Foundation Inc
The Congressional Black Caucus Foundation, Inc. (CBCF) is a nonprofit, nonpartisan public policy, research, and educational institute dedicated to improving socioeconomic conditions for African Americans and other underserved communities. Based in Washington, D.C., the organization envisions a world where the black community is free from disparities and contributes fully to advancing the common good.
CBCF facilitates the exchange of ideas and information to address critical issues affecting their communities and conducts strategic research and historical resource development for public consumption. The foundation is committed to developing future leaders by offering scholarship opportunities and effective programs aimed at addressing social, economic, and health disparities. Through its mission, the Congressional Black Caucus Foundation is making a significant impact on advancing the global black community.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Congressional Black Caucus Foundation Inc. (CBCF) significantly impacts the Black community by focusing on leadership development, policy education, and public awareness. By offering a range of programs—including internships, fellowships, scholarships, and study abroad opportunities—the CBCF cultivates the next generation of leaders who are dedicated to addressing social inequalities.
Through its Leadership Institute, emerging leaders gain valuable experience and skills essential for public policy-making. This hands-on exposure empowers them to become effective advocates for their communities, particularly those that are underserved. The CBCF’s commitment extends to providing scholarships to deserving students, thereby enhancing educational access and fostering academic achievement.
Additionally, the CBCF engages in strategic research and creates resources that inform policy discussions on critical issues affecting African Americans and other marginalized communities. By facilitating the exchange of ideas, the organization promotes dialogue around socio-economic disparities and contributes to developing impactful solutions to challenges faced by these communities.
Ultimately, the CBCF envisions a world free from disparities, where the Black community can actively participate in and contribute to the common good. Its initiatives not only advance individual opportunities but also aim to create a lasting, positive change within society as a whole.
This information is meant to be a general summary of Congressional Black Caucus Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $2,052,480
- Gross Receipts: $23,901,050
Assets and Liabilities:
- Total Assets: $31,530,879
- Total Liabilities: $10,812,609
- Net Assets: $20,718,270
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEINBURG SCHOLARSHIP
Revenue
$1,850,000
NREI PROGRAM
Revenue
$202,480
Organization Details
Founding Year
1976
Phone
(202) 263-2800Principal Officer
Nicole Austin-Hillery
Main Address
1720 MASSACHUSETTS AVENUE NW, WASHINGTON, DC, 20036
Website
www.cbcfinc.orgNTEE Category
Code: R22Z - Civil rights
If you are a representative of Congressional Black Caucus Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.