Overview
What is Black Student Fund?
The Black Student Fund, or BSF, is a nonprofit organization situated in Washington, D.C. With a history spanning over half a century, its primary mission is to empower academically motivated African American and underserved students by providing them with essential academic and retention support. This support facilitates their access, admission, and successful matriculation in independent schools. BSF collaborates with these schools, offering financial assistance and fostering an environment that is both supportive and responsive. In addition to academic support, BSF extends its reach to families by providing small tuition scholarships, funding for academic enrichment programs, and emergency financial assistance during crises. BSF's commitment extends beyond the classroom, offering youth development program activities and essential services support to its families. With a dedicated team of one employee, BSF has served tens of thousands of students and more than seventy-five member schools across K-12 levels, inspiring replications in the Mid-Atlantic region. As a community resource, BSF collaborates with other organizations to advance education.
Official website here: www.blackstudentfund.org
What do the Facebook reviews say about Black Student Fund?
96% of the 16 reviewers on Facebook recommend the Black Student Fund. Here's a summary of their reviews:
Many supporters praise the organization for its dedication to empowering children and providing valuable resources that help them succeed academically. The commitment to fostering educational opportunities for Black students is highlighted by users who appreciate the impact the Fund has on the community.
Overall, the sentiment surrounding the Black Student Fund is overwhelmingly positive, reinforcing the belief that the nonprofit has a significant positive influence on the lives of the children it serves.
This AI summary has been generated from reviews found on Facebook.
Is Black Student Fund legitimate?
Black Student Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Black Student Fund 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: $60,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.blackstudentfund.org
What is the mission statement of Black Student Fund?
The Black Student Fund (BSF) serves as an educational equity organization, working to promote educational choice for underserved families. By partnering with various schools, BSF offers financial assistance and creates a supportive environment for academically motivated students, aiding in their admission, matriculation, and graduation. The organization's mission is to facilitate the success of these students, providing instruction, evaluations, feedback, and monitoring to ensure their well-being. Beyond this, BSF collaborates with other organizations that prioritize education, contributing to the broader education community.
Official website here: www.blackstudentfund.org
Who is the CEO of Black Student Fund?
Leroy Nesbitt Jr is the Executive Director of Black Student Fund.
Official website here: www.blackstudentfund.org
What is the revenue of Black Student Fund?
Black Student Fund's revenue in 2022 was $448,097.
Official website here: www.blackstudentfund.org
Who are the executives of Black Student Fund and what are their salaries?
The average compensation at Black Student Fund during 2022 was $60,000. There is 1 employee and 25 volunteers at Black Student Fund.
Here are 10 key members and their salaries:
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Official website here: www.blackstudentfund.org
Where can I find the form 990 for Black Student Fund?
Black Student Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.blackstudentfund.org
Learn more at the official website: www.blackstudentfund.org
Mission Statement of Black Student Fund
The Black Student Fund, as an educational equity organization, is committed to advocating for and facilitating access to independent schools for academically motivated African American and underserved students. This nonprofit aims to support these students throughout their educational journey, from admission to graduation, by providing financial assistance, instruction, evaluations, feedback, and monitoring. By partnering with member schools, the Black Student Fund works towards creating and maintaining a supportive and responsive environment that caters to the needs of its students. Over the years, the organization has served tens of thousands of children and over seventy-five BSF member schools, K-12, and has inspired replications across the Mid-Atlantic region. Additionally, the Black Student Fund collaborates with other organizations that share its mission of advancing education, positioning itself as a valuable community resource.
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Impact
October, 2024
The Black Student Fund (BSF) significantly impacts the academic landscape for African American and underserved students by providing essential advocacy and support. Through its initiatives, BSF facilitates access to independent schools, ensuring that academically motivated students have the resources needed to succeed.
Over the span of more than fifty years, BSF has empowered tens of thousands of children by offering financial assistance, including small tuition scholarships and funding for academic enrichment activities. This support not only aids in the admission process but also plays a crucial role in students' retention and successful graduation from member schools.
In addition to financial assistance, BSF partners with schools to create a nurturing environment that prioritizes responsive education. Through evaluations, feedback, and monitoring, BSF helps maintain a framework that supports students' unique needs. Their influence extends beyond financial help, inspiring educational equity and fostering community collaboration, ultimately advancing educational choice and opportunity for underserved families in the Mid-Atlantic region.
This information is meant to be a general summary of Black Student Fund. 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.
- Investment Income: $82
- Program Service Revenue: $38,232
- Gross Receipts: $449,886
Assets and Liabilities:
- Total Assets: $212,837
- Total Liabilities: $2,292
- Net Assets: $210,545
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
2020 School Fair
Revenue
$37,232
Paeo Prince Georges County School Fair
Revenue
$1,000
Organization Details
Founding Year
1964
Phone
(202) 387-1414Principal Officer
Leroy Nesbitt Jr
Main Address
3636 16th Street NW, Washington, DC, 20010
Website
www.blackstudentfund.orgIf you are a representative of Black Student Fund 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.