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Nonprofit · EIN 23-7156531

ASSOCIATION OF BLACK FOUNDATION EXECUTIVES INC

Tax-exempt · NEW YORK, NY 10005

Financials

$7.6M$7.2M2023$5.8M$7.9M2024$13.8M$9M2025
Revenue Expenses · by fiscal year end
Financials of ASSOCIATION OF BLACK FOUNDATION EXECUTIVES INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$13,797,420$8,985,113$4,812,307$23,578,625$1,250,761$22,327,864
December 31, 2024990$5,811,080$7,948,382-$2,137,302$18,322,943$1,288,925$17,034,018
December 31, 2023990$7,640,661$7,153,740$486,921$19,987,800$1,004,299$18,983,501
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$11,379,796
Membership dues
$916,222
Program service revenue
$1,712,501
Investment income
$705,123
Other revenue
$0

Expenses

Grants and similar amounts paid
$720,000
Compensation of officers, directors and key employees
$1,708,952
Other salaries and wages
$2,562,142
Salaries, compensation and benefits (total)
$5,069,066
Professional fundraising fees
$0
Legal fees
$16,085
Accounting fees
$24,100
Occupancy
$9,271
Travel
$1,177,417
Program services (functional)
$6,704,016
Management and general (functional)
$1,535,841
Fundraising (functional)
$745,256

Balance sheet and other

Total assets, start of year
$18,322,943
Total assets, end of year
$23,578,625
Total liabilities, end of year
$1,250,761
Net assets, end of year
$22,327,864
Publicly traded securities
$8,514,299
Net assets without donor restrictions
$15,684,576
Net assets with donor restrictions
$6,643,288
Gross receipts
$13,797,420
Employees
35
Volunteers
20
Year formed
1971
State of legal domicile
IN

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
MS SUSAN TAYLOR BATTENPRESIDENT & CEO
Officer
45$330,582$68,446
MS HAJRINA SHEHUVP, FINANCE AND ADMIN
Officer
40$215,768$67,323
MS LISA ZANETTA ADDAMS-PILGRIMCHIEF DEVELOPMENT OFFICER
Key employee
40$187,962$83,922
MS MICHELL SPEIGHTCHIEF OF STAFF
Key employee
40$244,366$27,423
MR EDWARD JONESVP, PROGRAMS
Key employee
40$191,902$49,811
MS TAHIRA CHRISTMONVP, EXTERNAL AFFAIRS
Key employee
40$200,535$40,912
MS TRINNETE COOPERDIRECTOR, PHILANTHROPIC ADVISING SVC
Highest-paid employee
40$136,673$36,867
MR EURIS JOHNSON SENIORDIRECTOR, STRATEGIC INITIATIVES
Highest-paid employee
40$128,835$34,426
MR JUSTON COOPERNETWORK AND PARTNERSHIPS DIRECTOR
Highest-paid employee
40$142,040$14,160
MR EDGAR BREEDENDIRECTOR OF PROGRAMS
Highest-paid employee
40$126,043$26,978
MS GRACE UDOH-OSHINDIRECTOR OF STORYTELLING
Highest-paid employee
40$124,340$21,419
MS SHARON NASH BUSHCHAIR
Trustee or director, Officer
0.5$0$0
MS UPENDO SHABAZZVICE CHAIR
Trustee or director, Officer
0.5$0$0
MR HERBERT DRAYTON TREAS ASOF MAY 2025), DIR. (THRU MAY 2025
Trustee or director, Officer
0.5$0$0
MS MARIA WOODRUFF-WRIGHTTREASURER (THRU MAY 2025)
Trustee or director, Officer
0.5$0$0
14 more people on this return
NameTitleHours / weekCompensation
MR ISAIAH OLIVERSECRETARY
Trustee or director, Officer
0.5$0
MR CHARLES SIDNEY FIELDSDIRECTOR
Trustee or director
0.5$0
MR DAMON HEWITTDIRECTOR
Trustee or director
0.5$0
MS WENDY LEWIS JACKSONDIRECTOR
Trustee or director
0.5$0
MS SUSAN D JOHNSONDIRECTOR
Trustee or director
0.5$0
MS RENEE KARIBI-WHYTEDIRECTOR
Trustee or director
0.5$0
MS CYNTHIA MULLERDIRECTOR
Trustee or director
0.5$0
MS JUMI FALUSI SAMENDIRECTOR
Trustee or director
0.5$0
MS MAISHA SIMMONSDIRECTOR
Trustee or director
0.5$0
MR ALVIN LOUIS STARKSDIRECTOR
Trustee or director
0.5$0
MR STEPHEN WEBSTERDIRECTOR
Trustee or director
0.5$0
MS DALILA WILSON-SCOTTDIRECTOR
Trustee or director
0.5$0
MS DIANA TATE VERMIEREDIRECTOR
Trustee or director
0.5$0
MS AISHA ALEXANDER YOUNGDIRECTOR
Trustee or director
0.5$0
990 for the year ended December 31, 2024: 30 people
NameTitleHours / weekCompensationOther / benefits
MS SUSAN TAYLOR BATTENPRESIDENT & CEO
Officer
35$294,598$64,294
MS HAJRINA SHEHUVP, FINANCE AND ADMIN
Officer
35$212,668$65,221
MS MICHELL SPEIGHTCHIEF OF STAFF
Key employee
35$221,106$25,711
MR EDWARD JONESVP, PROGRAMS
Key employee
35$183,737$51,315
MS TAHIRA CHRISTMONVP, EXTERNAL AFFAIRS
Key employee
35$193,615$40,178
MS TRINNETE COOPERDIRECTOR, PHILANTHROPIC ADVISING SVCS
Highest-paid employee
35$131,693$35,176
MS LISA ZANETTA ADDAMS-PILGRIMCHIEF DEVELOPMENT OFFICER
Highest-paid employee
35$122,662$40,565
MR T'SHAWN RIVERSDEVELOPMENT DIRECTOR
Highest-paid employee
35$119,036$39,516
MR EDGAR BREEDENDIRECTOR OF PROGRAMS
Highest-paid employee
35$123,755$26,760
MR JUSTON COOPERNETWORK AND PARTNERSHIPS DIRECTOR
Highest-paid employee
35$127,891$4,503
MR CORY ANDERSONCHAIR (THRU MAY 2024)
Trustee or director, Officer
1$0$0
MS SHARON NASH BUSH CHAIR ASOF MAY 2024), VICE CHAIR (THRU MAY 2024)
Trustee or director, Officer
1$0$0
MS UPENDO SHABAZZ VICE CHAIR(AS OF MAY 2024), DIRECTOR (THRU MAY 2024)
Trustee or director, Officer
1$0$0
MS MARIA WOODRUFF-WRIGHTTREASURER
Trustee or director, Officer
1$0$0
MR ISAIAH OLIVERSECRETARY
Trustee or director, Officer
1$0$0
DR SYLVIA BARTLEYSECRETARY (THRU FEB 2024)
Trustee or director, Officer
1$0$0
MS STEPHANIE BELL-ROSEDIRECTOR (THRU FEB 2024)
Trustee or director
1$0$0
MR HERBERT DRAYTONDIRECTOR
Trustee or director
1$0$0
CHARLES SIDNEY FIELDSDIRECTOR
Trustee or director
1$0$0
MR JAMES HEADDIRECTOR (THRU FEB 2024)
Trustee or director
1$0$0
MR DAMON HEWITTDIRECTOR
Trustee or director
1$0$0
MS WENDY LEWIS JACKSONDIRECTOR
Trustee or director
1$0$0
MS SUSAN D JOHNSONDIRECTOR
Trustee or director
1$0$0
MS RENEE KARIBI-WHYTEDIRECTOR
Trustee or director
1$0$0
MS CYNTHIA MULLERDIRECTOR
Trustee or director
1$0$0
MS MAISHA SIMMONSDIRECTOR
Trustee or director
1$0$0
MR STEPHEN WEBSTERDIRECTOR
Trustee or director
1$0$0
MS DALILA WILSON-SCOTTDIRECTOR
Trustee or director
1$0$0
MS DIANE TATE VERMIEREDIRECTOR
Trustee or director
1$0$0
MS AISHA ALEXANDER YOUNGDIRECTOR
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 27 people
NameTitleHours / weekCompensationOther / benefits
MS SUSAN TAYLOR BATTENPRESIDENT & CEO
Officer
35$318,962$49,787
MS MICHELL SPEIGHTCHIEF OF STAFF
Key employee
35$181,295$19,825
MR EDWARD JONESVP, PROGRAMS
Key employee
35$172,372$25,829
MR CORY WITHERSPOONCHIEF DEVELOPMENT OFFICER
Key employee
35$161,123$34,913
MS HAJRINA SHEHUVP FINANCE AND ADMIN
Officer
35$151,031$38,216
MS TAHIRA CHRISTMONVP, EXTERNAL AFFAIRS
Key employee
35$163,722$14,422
MR T'SHAWN RIVERSDEVELOPMENT DIRECTOR
Highest-paid employee
35$118,897$27,178
MS EVELYN THOMPSONADMINISTRATIVE DIRECTOR
Highest-paid employee
35$109,806$24,325
MS EVELYN FREDERICKMEMBERSHIP DIRECTOR
Highest-paid employee
35$108,955$23,892
MR JUSTON COOPERNETWORK AND PARTNERSHIPS DIRECTOR
Highest-paid employee
35$100,338$1,977
MR CORY ANDERSONCHAIR
Trustee or director, Officer
1$0$0
MS SHARON NASH BUSHVICE CHAIR
Trustee or director, Officer
1$0$0
MS MARIA WOODRUFF-WRIGHTTREASURER
Trustee or director, Officer
1$0$0
DR SYLVIA BARTLEYSECRETARY
Trustee or director, Officer
1$0$0
MS STEPHANIE BELL-ROSEDIRECTOR
Trustee or director
1$0$0
MS MELISSA DESHIELDSDIRECTOR
Trustee or director
1$0$0
MR HERBERT DRAYTONDIRECTOR
Trustee or director
1$0$0
MR JAMES HEADDIRECTOR
Trustee or director
1$0$0
MS WENDY LEWIS JACKSONDIRECTOR
Trustee or director
1$0$0
MS SUSAN D JOHNSONDIRECTOR
Trustee or director
1$0$0
MS CYNTHIA MULLERDIRECTOR
Trustee or director
1$0$0
MR ISAIAH OLIVERDIRECTOR
Trustee or director
1$0$0
MS UPENDO SHABAZZDIRECTOR
Trustee or director
1$0$0
MS MAISHA SIMMONSDIRECTOR
Trustee or director
1$0$0
MR STEPHEN WEBSTERDIRECTOR
Trustee or director
1$0$0
MS DALILA WILSON-SCOTTDIRECTOR
Trustee or director
1$0$0
MS AISHA ALEXANDER YOUNGDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
55 EXCHANGE PL STE 401, NEW YORK, NY 10005-3304
In care of
% SUSAN BATTEN
Principal officer (990 for 2025)
SUSAN TAYLOR BATTEN, 55 EXCHANGE PLACE 4TH FLOOR, NEW YORK, NY 10005
Signed the 990
SUSAN TAYLOR BATTEN, PRESIDENT AND CEO
Phone
(646) 392-9877
Website
ABFE.ORG
Return prepared by
PKF O'CONNOR DAVIES ADVISORY LLC

Mission

ABFE'S MISSION IS TO PROMOTE EFFECTIVE AND RESPONSIVE PHILANTHROPY IN BLACK COMMUNITIES. AS AN INSTITUTION, ABFE SEEKS TO IMPACT THE COMMUNITY OF PHILANTHROPIC PRACTICE AND THEREBY THE OVERALL HEALTH AND STRENGTH OF THE BLACK COMMUNITY.

990 for the year ended December 31, 2025

Program accomplishments

  • ANNUAL CONFERENCE AND JAMES JOSEPH LECTUREABFE'S ANNUAL CONFERENCE IS A GATHERING OF PHILANTHROPIC AND NON-PROFIT PROFESSIONALS FOR NETWORKING AND ENGAGEMENT AROUND SHARED INTEREST IN SUPPORTING BLACK COMMUNITIES THROUGH PHILANTHROPY. THE TARGET AUDIENCE IS ABFE'S MEMBERS AND PARTNERS; FOUNDATION TRUSTEES, EXECUTIVE STAFF AND PROGRAM OFFICERS, GRANT MAKING ENTITIES INCLUDING PRIVATE FOUNDATIONS, CORPORATE GIVING PROGRAMS, DONOR-ADVISED FUNDS AND GIVING CIRCLES.
    Expenses $1,373,678 · revenue $1,029,025
  • PHILANTHROPIC ADVISING SERVICESPHILANTHROPIC ADVISING SERVICES PROVIDE WORKSHOPS AND TOOLS DESIGNED TO INCREASE GRANTMAKERS' INVESTMENTS, DEVELOP COLLECTIVE GIVING MODELS, AND SUPPORT DONORS IN DOING THEIR WORK MORE EFFECTIVELY.
    Expenses $704,812 · revenue $60,957
  • MEMBERSHIP SERVICESABFE MEMBERSHIP IS OPEN TO PHILANTHROPIC PROFESSIONALS, NONPROFIT LEADERS, INDIVIDUAL DONORS, AND SECTOR PARTNERS. ABFE OFFERS A VARIETY OF OPPORTUNITIES FOR MEMBERS AND OTHER PROFESSIONALS IN THE FIELD TO EXCHANGE INFORMATION AND IDEAS, AND TO CULTIVATE PRODUCTIVE RELATIONSHIPS THAT OFTEN RESULT IN LEARNING, CO-INVESTMENT, AND EXPANDED SOCIAL AND PROFESSIONAL OPPORTUNITIES AND COMMUNITIES.
    Expenses $662,520 · revenue $414,350
  • BLACK COMMUNITY FUNDERS NETWORKTHE BLACK COMMUNITIES FUNDERS NETWORK IS A NATIONAL NETWORK OF LEADERS MANAGING FUNDS AT COMMUNITY FOUNDATIONS, INTERMEDIARY ORGANIZATIONS, AND COLLABORATIVE FUNDS DESIGNED TO SUPPORT BLACK COMMUNITIES AND BLACK-LED ORGANIZATIONS.CONNECTING LEADERS FELLOWSHIP PROGRAM (CLFP)THE CONNECTING LEADERS FELLOWSHIP IS A LEADERSHIP DEVELOPMENT PROGRAM THAT CULTIVATES BOLD, REPRESENTATIVE, AND INCLUSIVE DECISION-MAKERS TO LEAD THE PHILANTHROPIC SECTOR. FELLOWS GET THE OPPORTUNITY TO LEARN FROM SEASONED GRANTMAKERS AND PEERS ON A REGULAR BASIS, UNDERSTAND HOW TO BE MORE EFFECTIVE AGENTS FOR CHANGE WITHIN THEIR INSTITUTIONS, AND PARTICIPATE IN A NETWORK THAT FOCUSES ON INNOVATIVE SOLUTIONS TO COMMUNITY CHALLENGES.LEVERAGE THE TRUST - CALEVERAGE THE TRUST IS A COMMUNITY OF FOUNDATION TRUSTEES IN CALIFORNIA ORGANIZED TO BUILD RELATIONSHIPS, CREATE LEARNING OPPORTUNITIES, STRATEGIZE TOGETHER, AND TAKE COLLECTIVE ACTION ON ISSUES IMPACTING THE BLACK COMMUNITY.BLACK WOMEN IN PHILANTHROPY (BWIP) THE BLACK WOMEN IN PHILANTHROPY LEADERSHIP (BWIP) RETREAT PROVIDES AN INTIMATE, RESTORATIVE SPACE FOR PARTICIPANTS TO DEEPEN THEIR CONNECTIONS, EXPAND THEIR LEADERSHIP ACUMEN, AND COLLECTIVELY STRENGTHEN THEIR CAPACITY TO LEAD, DIRECT, AND SERVE IN WAYS THAT CENTER ON HEALING, RESTORATION, AND FORWARD MOVEMENT OF THE SECTOR. CORPORATE COMMUNITY OF PRACTICECORPORATE COMMUNITY OF PRACTICE IS A MEMBER NETWORK DESIGNED TO EMPOWER CORPORATE PHILANTHROPIC LEADERS WITH THE TOOLS TO CHAMPION INCREASED ADVOCACY AND RESOURCES FOR BLACK COMMUNITIES. READIREADI IS A PARTNERSHIP BETWEEN ABFE AND OTHER PHILANTHROPIC AFFINITY GROUPS; TO PROTECT AND EXPEND RACE EXPLICIT GRANDMAKING IN PHILANTHROPY. OTHER PROGRAMSOTHER PROGRAMS INCLUDE ENGAGEMENTS CHAMA TO BUILD FUNDER COLLABORATIVES IN SUPPORT OF BLACK COMMUNITIES AND SMART INVESTING, TO EXPAND INVESTMENT OPPORTUNITIES TO ENSURE THE MOST TALENTED FINANCIAL FIRMS ARE HIRED IN THE FIELD.
    Expenses $3,963,006 · grants $720,000 · revenue $208,169

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
23-7156531
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1973
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$23,578,625
Income (IRS master file)
$13,797,420

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$13,797,420$8,985,113$23,578,625IRS
990December 2024$5,811,080$7,948,382$18,322,943IRS
990December 2023$7,640,661$7,153,740$19,987,800XML
990December 2022$5,805,379$5,398,558$19,117,303IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7156531).

Questions about ASSOCIATION OF BLACK FOUNDATION EXECUTIVES INC

What is the EIN of ASSOCIATION OF BLACK FOUNDATION EXECUTIVES INC?
The employer identification number (EIN) of ASSOCIATION OF BLACK FOUNDATION EXECUTIVES INC is 23-7156531.
Is ASSOCIATION OF BLACK FOUNDATION EXECUTIVES INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1973.
Are donations to ASSOCIATION OF BLACK FOUNDATION EXECUTIVES INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ASSOCIATION OF BLACK FOUNDATION EXECUTIVES INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of ASSOCIATION OF BLACK FOUNDATION EXECUTIVES INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ASSOCIATION OF BLACK FOUNDATION EXECUTIVES INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of ASSOCIATION OF BLACK FOUNDATION EXECUTIVES INC?
The 990 for the year ended December 31, 2025 names SUSAN TAYLOR BATTEN.
Who are the officers and directors of ASSOCIATION OF BLACK FOUNDATION EXECUTIVES INC?
The 990 for the year ended December 31, 2025 lists 29 people; 11 received compensation from the organization, the highest $330,582 (MS SUSAN TAYLOR BATTEN, PRESIDENT & CEO).
How much revenue does ASSOCIATION OF BLACK FOUNDATION EXECUTIVES INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $13,797,420, expenses of $8,985,113 and total assets of $23,578,625 at year end.

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