Black Girl Ventures Foundation
Black Girl Ventures Foundation
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About this organization
Mission
Our mission is to provide Black/Brown woman-identifying founders with access to community, capital, and capacity building in order to meet business milestones that lead to economic advancement through entrepreneurship.
About
Community: Black Girl Ventures Foundation hosted a series of 9 regional pitch competition programs as an innovative way to finance businesses, merging the traditional pitch competition with crowdfunding. Through this program, BGV provided a total of 55 grants as large as $5,000 to Black and Brown woman-identifying founders. The pitch program utilizes all 20 of our volunteers and 2 staff members.
Interesting data from their 2020 990 filing
The filing clearly states the mission of the non-profit as “To provide black and brown woman-identifying founders with access to community, education, and leadership development in order to meet business milestones that lead to economic advancement through entrepreneurship.”.
When outlining its functions, they were explained as: “To provide black and brown woman-identifying founders with access to community, education, and leadership development in order to meet business milestones that lead to economic advancement through entrepreneurship.”.
- In compliance with legal regulations, the non-profit has reported their state of operation as VA.
- The filing records the non-profit's address for 2020 as 9142 Richmond Hwy 244, Ft Belvoir, VA, 22060.
- As of 2020, the non-profit's form reports a total of 2 employees.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Does not have foreign activities.
- Is not a donor-advised fund.
- Is not a private foundation.
- Revenue is between $100,000 and $250,000.
- Revenue less expenses is $38,172.
- The CEO's salary plan within the organization is subject to review and endorsement by an independent body.
- The organization has a written policy that describes how long it will retain documents.
- The organization has 9 independent voting members.
- The organization was formed in 2018.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule B.
- The organization is required to file Schedule O.
- The organization pays $62,357 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.
- The organization provides Form 990 to its governing body.
- The organization has minutes of its meetings.