2026-03-31T12:05:22-07:00 2025-06-30 148602879 Greg Billings Management Consulting 855 21st Street NE Apt 9 Washington DC 20002 990 2024-07-01 526053597 BLACK STUDENT FUND BLAC 2023871414 3636 16th Street NW Washington DC 20010 Leroy Nesbitt Jr Executive Director 2023871414 2025-06-30 1 1 Gregory Billings P02463010 2024407714 2025-06-30 X 2024 2025-03-06 01:10:19Z The Black Student Fund Leroy Nesbitt Jr 2618 Northampton Street Washington DC 20010 284622 0 X www.blackstudentfund.org X 1964 DC The Black Student Fund (BSF) provides essential advocacy, academic and retention support to academically motivated African American and other underserved students to facilitate their access, admission and successful matriculation and graduation from member schools. BSF partners with member schools to provide financial assistance, as well as instruction, evaluations, feedback and monitoring necessary to facilitate the creation and maintenance of a supportive and responsive environment. 9 9 1 14 0 0 247395 225373 64468 58661 738 588 -5510 0 307091 284622 8689 17180 0 0 168680 163154 0 0 12234 137233 121577 314602 301911 -7511 -17289 51018 48328 165 35880 50853 12448 BSF is an educational equity organization advancing educational choice by affording underserved families access to independent schools and supporting their success. BSF has served tens of thousands of children; served more than seventy five BSF member schools K-12; and inspired replications across the Mid-Atlantic region. BSF is also a community resource collaborating with organizations advancing education. 0 0 46448 17960 0 For more than fifty years, BSF has provided financial support for families at BSF Member Schools. BSF provides small tuition scholarships, funding for participation in summer and school year academic enrichment, youth development program/activities and BSF provides emergency and essential services financial support to BSF families 67091 0 0 The BSF/LSF Annual School Fair is a forum for Washington metropolitan area families to learn about independent school education and to engage students, teachers and administrators from more than 70 local and national independent schools and educational programs. This event also includes: workshops, chat rooms, recorded content and a digital resources library. The event served more than 1200 families and included more than 50 schools and educational organizations 41287 0 0 BSF Science, Technology, Engineering & Math (STEM) is a focused academic enrichment effort of BSF. BSF STEM is a series of connected programs and activities providing students with introductory and advanced STEM learning. With an anchor in math and coding, BSF Scholars and Affiliates participate in yearlong out of school learning; tech skill development and STEM awareness events 17202 0 0 Provided cultural experiences including Juneteenth, Long Way Down, and the Higher Ground 17202 0 0 172028 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 7 0 0 1 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MD VA X X X Leroy Nesbitt Jr 2023871414 3636 16th Street NW A419 Washington DC 20010 Leroy Nesbitt Jr Executive Director 64 0 X X 61000 0 0 Joel Kanter Board Chair 5 0 X 0 0 0 Mark D Schneider Trustee 1 0 X 0 0 0 Olutosin Aje-Adegbite Trustee 1 0 X 0 0 0 Adewale Omoniyi Trustee 0.5 0 X 0 0 0 Breon N Wells Trustee 0.5 0 X 0 0 0 Sean A Floyd Trustee 0.5 0 X 0 0 0 61000 0 0 0 0 0 0 0 255 0 0 0 0 225118 0 225373 BSF/LSF School Fair 611000 43416 43416 0 0 Maryland School Fairs 611000 15245 15245 0 0 0 0 0 0 58661 588 588 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 284622 59249 0 0 0 0 17180 17180 0 0 0 0 61000 30300 27748 2952 95062 56199 34291 4572 7092 2837 4255 0 846 846 6558 3869 2295 394 18293 10793 6585 915 50447 18161 29764 2522 300 300 6165 2219 3637 309 Sustainability Conference 13667 13667 0 0 2024 BSF/LSF School Fair 6662 6662 0 0 2025 Maryland School Choice Fair 7232 4432 2800 11407 4563 6274 570 301911 172028 117649 12234 7362 1563 18658 20592 363 75667 74125 2053 1542 15929 20024 0 0 0 7016 4244 51018 48328 22213 165 13667 165 35880 X 35931 -3562 14922 16010 50853 12448 51018 48328 X -17289 0 0 0 0 -21116 X 0 0 0 X 389228 407006 195040 247395 225373 1464042 0 0 0 0 0 0 0 0 0 0 0 0 389228 407006 195040 247395 225373 1464042 416500 1047542 15 82 323 738 588 1746 0 0 0 0 0 0 0 1465788 230187 0.71466 0.86529 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 15087 0 1022 0 0 0 16109 14309 0 778 0 0 0 15087 4169 10000 140 0 0 0 14309 2222 2000 -53 0 0 0 4169 2266 0 64 0 0 108 2222 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 75667 0 74125 1542 0 0 0 0 1542 Security Deposit 4244 4244 Mistaken Return of Payment Owed 13667 13667 Schedule D, Part V, Line 4 Generate funds to sustain our operations 1 Sustainability Scholarship Award 26 10000 0 BSF/Tanaka Scholarships 18 5750 Scholarships to attend ID Tech Summer Academy 30 1300 Schedule I, Part I, Line 2 Black Student Fund often pays the grants directly to the provider. Other times, the organization receives records from the vendors that provide the educational services Form 990, Part VI, Section B, Line 11b The Executive Director emailed a copy of the 990 to all board members. Form 990, Part VI, Section B, Line 12c BSF require Board members to submit a statement periodically regarding conflict of interest Form 990, Part VI, Section B, Line 15 In 2013 BSF hired its current Executive Director Mr. Leroy Nesbitt Jr. It surveyed the market to establish his compensation and has never increased it. At the time, Mr. Nesbitt was relatively underpaid compared to other Executive Directors of comparable size Form 990, Part VI, Section C, Line 19 Our 990 is publicly available at our office as well as online at Guidestar Form 990, Part XI, Line 9 The organization has had difficulty covering its occupancy costs due to a decline in income The automatic extension was filed