2024-09-17T20:21:02-07:00 2023-12-31 271375413 BWK Rogers PC 431 South 7th Street Suite 2424 Minneapolis MN 55415 990 2023-01-01 883613546 MINNESOTA BLACK COLLECTIVE FOUNDATION MINN 6122935260 2429 Nicollet Ave Minneapolis MN 55404 Lulete Mola President & Co-Founder 6122935260 2024-09-17 1 1 Melissa J Baraibar P02464922 6123325446 2024-08-15 2023 2024-08-08 14:25:15Z Lulete Mola 2429 Nicollet Ave Minneapolis MN 55404 5851290 0 X www.minnesotablackcollectivefoundation.org X 2022 MN Build black philanthropic power to strengthen the ecosystem of black-led social, political, and economic change in Minnesota and beyond. 3 1 0 1 0 0 5830885 0 20405 0 0 5851290 1120000 0 0 30351 39474 384872 0 1535223 0 4316067 0 4713584 0 397517 0 4316067 Build black philanthropic power to strengthen the ecosystem of black-led social, political, and economic change in Minnesota and beyond. 0 0 1445288 1120000 0 The Collective Invests in the Genius of Black-led Change through grantmaking and creative resourcing; The Collective Strengthens the Black-led Change ecosystem through building power, connecting, convening, and amplifying the transformational community change work taking place across the state; The Collective Builds Community Wealth by establishing the first Black community Foundation with an endowment in Minnesota. An endowment allows the community to be self-sufficient because it provides income in perpetuity for Black-led genius; The Collective Transforms the Philanthropic Field in Minnesota & beyond, to center and realize racial justice. 0 0 0 1445288 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 37 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MN X Minnesota Black Collective Foundation 6122935260 2429 Nicollet Ave Minneapolis MN 55404 X X Chanda Smith Baker Treasurer 3.00 0 X X 40200 0 0 Repa Mekha Chair 3.00 0 X X 0 0 0 Lulete Mola Secretary, President & Co-Founder 40.00 0 X X 0 0 0 40200 0 0 0 0 0 0 0 0 0 0 0 0 5830885 0 5830885 0 20405 0 0 20405 0 0 0 0 0 0 0 0 0 0 0 0 0 0 5851290 0 0 20405 X 970000 970000 150000 150000 53617 50543 1694 1380 2138 2138 21390 21390 30351 30351 264459 240584 18840 5035 9144 6479 1342 1323 6370 6005 201 164 5090 4798 161 131 3321 2809 512 15336 14530 291 515 1518 1518 Board and Staff Development 1562 1473 49 40 Dues and Subscriptions 779 734 25 20 148 142 3 3 1535223 1445288 50461 39474 1438874 1717470 1552764 4476 0 4713584 45517 352000 0 0 397517 X 0 2440401 0 1875666 0 4316067 0 4713584 4316067 0 0 0 0 0 X 0 1 X 1 0 X 0 5830885 5830885 0 0 0 0 5830885 5830885 1032923 4797962 0 20405 20405 5851290 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 X 5851290 0 0 0 0 0 5851290 0 0 0 5851290 1535223 0 0 0 0 0 1535223 0 0 0 1535223 Schedule D, Part X, Line 2 The Collective's activities are generally exempt from federal and state income taxes under Section 501(c)(3) of the Internal Revenue Code. Since the Collective is exempt from federal and state income tax liability, no provision is made for current or deferred income tax expense. The Collective is not a private foundation. Management has determined that the Collective is not subject to unrelated business income tax. Management is not aware of any transactions that would impact the Collective's tax-exempt status. The Collective follows the guidance of the Accounting Standard Codification (ASC) 740, Accounting for Income Taxes, related to uncertainties in income taxes, which prescribes a threshold of more likely than not for recognition and derecognition of positions taken or expected to be taken in a tax return. For the period ended December 31, 2023, management of the Collective is not aware of any material uncertain tax positions. All tax exempt entities are subject to review and audit by federal, state and other applicable agencies. Such agencies may review the taxability of unrelated business income, or the qualification of the tax-exempt entity under the Internal Revenue Code and applicable state statutes. For federal tax purposes, the tax returns remain open for possible examination for a period of three years after the respective filing deadlines of those returns. X X X X 1 Smith Baker LLC 5775 Wayzata Boulevard Ste 700 Saint Louis Park MN 55416 Provided expertise to the organization, including fundraising strategy. 0 0 30150 -30150 0 30150 -30150 MN 1 Access Philanthropy Charities 2100 Stevens Avenue Minneapolis MN 55404 383777419 501 (c)(3) 10000 Fiscal sponsor of Black Immigrant Collective Affinity Healing Collective 905 Jefferson Ave W Suite 300 Saint Paul MN 55102 882490993 501 (c)(3) 10000 Fiscal Sponsor for Therapeace Counseling African American Leadership Forum 1625 Hennepin Ave Suite 200 Minneapolis MN 55403 472200830 501 (c)(3) 25000 Fiscal Sponsor for Chanda Smith Baker LLC African Career Education and Resource Inc 6800 78th Ave N Suite 101 Brooklyn Park MN 55443 471207676 501 (c)(3) 10000 Resilience Grant African Economic Development Solutions 1821 University Ave Suite S-145 Saint Paul MN 55104 800345712 501 (c)(3) 10000 Resilience Grant Al-Maa'uun 1729 Lyndale Avenue N Minneapolis MN 55411 271893708 501 (c)(3) 10000 Be Their Voices 6624 Gretchen Lane Oakdale MN 55128 852833633 501 (c)(3) 50000 System Building Grant Better Family Life MN Inc 111 East Kellogg Boulevard Suite 2A Saint Paul MN 55101 852526099 501 (c)(3) 10000 fiscal sponsor of Sankofa Swim International Better Family Life MN Inc 111 East Kellogg Boulevard Suite 2A Saint Paul MN 55101 852526099 501 (c)(3) 10000 fiscal sponsor of the Ujima Collective Better Family Life MN Inc 111 East Kellogg Boulevard Suite 2A Saint Paul MN 55101 852526099 501 (c)(3) 10000 Fiscal Sponsor of Ujima Collective Better Family Life MN Inc 111 East Kellogg Boulevard Suite 2A Saint Paul MN 55101 852526099 501 (c)(3) 10000 Fiscal Sponsor Black Family Blueprint Black Storytellers Alliance 1112 Newton Avenue North Minneapolis MN 55401 411789120 501 (c)(3) 50000 Systems Building Grant Cultural Wellness Center 2025 Portland Ave Minneapolis MN 55404 411850859 501 (c)(3) 10000 fiscal sponsor of Living Naturally Abundant Cultural Wellness Center 2025 Portland Ave Minneapolis MN 55404 411850859 501 (c)(3) 10000 Fiscal Sponsor for Love First Community Engagement Daryeel Youth Service 2001 Riverside Avenue Minneapolis MN 55454 873850390 501 (c)(3) 50000 System Building Grant Families Supporting Families Against Police Violence 5455 44th St NE Fridley MN 55421 852166491 501 (c)(3) 10000 Visioning and Planning Grant Fellowship Missionary Baptist Church 3355 North 4th Street Minneapolis MN 55412 411761012 501 (c)(3) 10000 Resilience Movement Fund Grant In Black Ink 938 Selby Avenue Saint Paul MN 55104 824012406 501 (c)(3) 50000 System Building Grant In Black Ink 938 Selby Avenue Saint Paul MN 55104 824012406 501 (c)(3) 10000 Resilience Movement Fund Grant Indigenous Roots 788 East 7th Street Saint Paul MN 55106 474492457 501 (c)(3) 10000 Fiscal Sponsor for Mudluck Pottery Indigenous Roots 788 East 7th Street Saint Paul MN 55106 474492457 501 (c)(3) 10000 Fiscal Sponsor for Stories by Georgia Fort Joi Unlimited LLC 738 Lafond Ave Saint Paul MN 55104 472435181 10000 Resilience Grant Kondial Kel International 1323 23rd Street South Suite C Fargo ND 58103 820827809 501 (c)(3) 10000 fiscal sponsor of A Seat at the Table Productions Kondial Kel International 1323 23rd Street South Suite C Fargo ND 58103 820827809 501 (c)(3) 10000 Fiscal sponsor of A Seat at the Table Productions. Left Lovers 7202 Chantilley Court San Jose CA 95139 815404809 501 (c)(3) 10000 Fiscal Sponsor for Keikos Kitchen Mahube-Otwa Community Action Partnership Inc 1125 West River Road Detroit Lakes MN 56501 416049474 501 (c)(3) 50000 Fiscal Sponsor for Recipient Full Participation Minnesota Black Chamber of Commerce 401 Robert Street N Ste 150 Saint Paul MN 55101 200722799 501 (c)(3) 10000 Resilience Grant Minnesota Prison Writing Workshop 1536 Hewitt Ave MS-A1730 Saint Paul MN 55104 471890824 501 (c)(3) 50000 Fiscal Sponsor for Tone Up LLC Minnesota Youth Initiative 3300 Bass Lake Road Suite 500J Brooklyn Center MN 55429 881595370 501 (c)(3) 10000 fiscal sponsor of African Women Youth and Resource Center Network for the Development of Children of African Descent 3255 Spring Street NE Suite 100 Minneapolis MN 55413 411936394 501 (c)(3) 50000 System Building Grant Northeast Minneapolis Arts Association 400 South 4th Street Suite 754E Minneapolis MN 55415 411890854 501 (c)(3) 10000 Fiscal Sponsor Intro to Success Northside Culture Incorporated 229 North Irving Avenue Minneapolis MN 55405 871758404 501 (c)(3) 50000 Fiscal Sponsor for Natural Me Apothercary Project DIVA International 410 Oak Grove Street Minneapolis MN 55403 450595049 501 (c)(3) 50000 System Building Grant Project DIVA International 410 Oak Grove Street Minneapolis MN 55403 450595049 501 (c)(3) 10000 Resilience Grant Rondo Center of Diverse Expressions 315 North Fisk Street Saint Paul MN 55104 831404193 501 (c)(3) 10000 Fiscal Agent of Black Civic Network Selby Avenue Jazz Fest 984 Aurora Ave Saint Paul MN 55104 473537028 501 (c)(3) 10000 Vision & Planning Grant - Fiscal Sponsor for Sprinkle My Feet LLC Somali American Farmers Association 2276 East Lake Jessie Road SE Alexandria MN 56308 850540699 501 (c)(3) 10000 Soul to Soul Barbecue LLC 4741 5th Avenue South Minneapolis MN 55419 853165423 10000 Discretionary Grant Springboard for the Arts 262 University Ave W Saint Paul MN 55103 411690483 501 (c)(3) 50000 Fiscal Sponsor for Body Prayers Space Springboard for the Arts 262 University Ave W Saint Paul MN 55103 411690483 501 (c)(3) 10000 Fiscal Sponsor for Beyond the Mic Sweet Potato Comfort Pie 8014 Highway 55 Suite 464 Golden Valley MN 55427 844657505 501 (c)(3) 10000 Resilience Grant The Crwn LLC 4133 Snelling Avenue Minneapolis MN 55406 834070127 10000 Visioning & Planning Grant (also in files as The Legacy Building) The Shift Cooperative 1310 North Thomas Avenue Minneapolis MN 55411 851928117 501 (c)(3) 10000 Fiscal Sponsor 612 Jungle Ujamaa Place 1821 University Ave W Suite N187 Saint Paul MN 55104 271216065 501 (c)(3) 10000 Fiscal Sponsor of OMG Media Solutions United Negro College Fund Inc 1805 7th St NW Washington DC 20001 131624241 501 (c)(3) 10000 Discretionary Grant Urban Youth Conservation 3300 County Road 10 Minneapolis MN 55429 203946008 501 (c)(3) 10000 Vision and Planning Grant Voicez Inc 2538 Winnetka Ave N Golden Valley MN 55427 844343399 501 (c)(3) 10000 Fiscal Sponsor for Known MPLS We Resolve 2800 Rustic Place Suite 2800-0221 Little Canada MN 55117 862267451 501 (c)(3) 10000 Discretionary Grant We Win Institute Inc 3424 Portland Avenue Minneapolis MN 55407 411820991 501 (c)(3) 10000 Resilience Grant World Youth Connect 211 7th Street East Apt 517 Saint Paul MN 55101 863220232 501 (c)(3) 10000 Resilience Grant Youth Lens 360 370 Wabasha Street North Floor 12 Saint Paul MN 55102 814908296 10000 Visioning & Planning Grant 38 4 System Building Grants 10 100000 Intermediary Fund 2 20000 Vision and Planning Grants 2 20000 Resilience Grant 1 10000 Schedule I, Part I, Line 2 For Individuals: Progress Reports to the Foundation. Recipient shall provide information regarding use of the Grant to the Foundation upon reasonable request and work with Lulete Mola, President and Co-Founder of the Foundation, and the Foundation team throughout the grant term to monitor progress and capture outcomes from the Grant. For Organizations: Progress Reports to The Black Collective Foundation MN. Recipient shall work with Lulete Mola, President & Co-Founder of The Black Collective Foundation MN, and The Black Collective Foundation MN team throughout the grant term to monitor progress and capture learnings. Form 990, Header, Line A The Organization spun off from their fiscal sponsor effective June 1, 2023. Operations commenced June 1, 2023, and thus the return includes the seven months of activity. Form 990, Part VI, Section B, Line 11b Form 990 is prepared by an outside accounting firm and reviewed and approved by the Board of Directors prior to filing. Form 990, Part VI, Section B, Line 12c Yes, all directors are provided with a copy of the conflict of interest policy each year and are required to complete and sign a conflict of interest statement each year. Form 990, Part VI, Section B, Line 15 A written performance review is prepared by the Board Chair in Consultation with other Officers, and the review of comparability data provided by the Minnesota Council of Nonprofits. Form 990, Part VI, Section C, Line 19 The governing documents are made available to the public upon request. Form 990, Part VII, Section A, Line 1a From 6/1/2023 - 12/31/2023, Lulete Mola, President and Co-Founder of Minnesota Black Collective Foundation received salary and benefits totaling $92,638.54, which were reimbursed to fiscal sponsor Nexus Community Partners. Form 990, Part IX, Line 11g Contracted Personnel $92,639; Administration and Operations $74,631; Communications and Marketing $17,600; Human Resources $3,750; IT $9,045; Participants Stipends $56,250; Other $10,544