Fundnoire

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 872782679 ✦ Cincinnati, OH ✦ Designated as a 501(c)(3)

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Overview

What is Fundnoire?

Fundnoire is a grant program established in 2022, with a mission to empower and support 24 non-tech-based, black-owned small businesses in Ohio. Over a period of two years, Fundnoire aims to provide each selected business with a grant of $50,000. The program is actively accepting applications from eligible black business owners, demonstrating its commitment to bolstering the economic growth of this community in the state.

Is Fundnoire legitimate?

Fundnoire is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fundnoire submitted a form 990EZ, 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.

What is the mission statement of Fundnoire?

Fundnoire, as a grant program, aims to empower black-owned small businesses beyond the tech sector. Established in 2022, the initiative plans to provide $50,000 grants to 24 eligible businesses over a two-year period. Fundnoire is currently inviting applications from potential beneficiaries, with a focus on non-tech-related ventures. The mission of Fundnoire can be interpreted as an effort to foster growth and success for these businesses, thereby contributing to the broader economic landscape.

Who is the CEO of Fundnoire?

Ricardo Grant is the President of Fundnoire.

What is the revenue of Fundnoire?

Fundnoire's revenue in 2022 was $110,000.

Who are the executives of Fundnoire and what are their salaries?


Here are 2 key members and their salaries:


Ricardo Grant (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Means Cameron (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Fundnoire?

Fundnoire's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Fundnoire

Fundnoire, a recently launched grant program, is dedicated to empowering black small business owners across Ohio. With a vision to support 24 non-tech-related entrepreneurial ventures, Fundnoire promises to award each selected business owner with a $50,000 grant spread over a period of two years. The program is currently inviting eligible black business owners to submit their applications, aiming to foster growth and prosperity within this community.

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Impact




October, 2024

Fundnoire significantly impacts the economic landscape for black small business owners in Ohio by providing vital financial support and resources. Through its grant program, it empowers entrepreneurs to thrive in a competitive market, offering them $50,000 over two years. This financial assistance targets 24 non-tech-related black-owned small businesses, which often face unique challenges in access to capital and resources.

Launched in 2022, Fundnoire not only addresses financial barriers but also fosters community improvement. By supporting diverse businesses, it enhances local economies, creates jobs, and promotes economic equity. As it currently accepts applications, Fundnoire is playing a crucial role in building a more inclusive entrepreneurial ecosystem that benefits both individual business owners and the communities they serve.




This information is meant to be a general summary of Fundnoire. 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.

Revenue
$110,000 (2022)
Expenses
$922 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $110,000

Assets and Liabilities:

  • Total Assets: $109,078
  • Total Liabilities: $0
  • Net Assets: $109,078

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Organization Details

Principal Officer

Ricardo Grant

Main Address

1300 MAIN STREET, CINCINNATI, OH, 45202

NTEE Category

Code: S30 - Community improvement

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