2024-05-15T15:27:42-07:00 2023-06-30 Greg Billings Management Consulting 855 21st Street NE Apt 9 Washington DC 20002 990 2022-07-01 526053597 BLACK STUDENT FUND BLAC 2023871414 3636 16th Street NW Washington DC 20010 Leroy Nesbitt Jr Executive Director 2023871414 2024-05-08 1 Leroy Nesbitt Jr 999009999 1 Gregory Billings P02463010 2024407714 2024-05-15 1 11 1 AAL2 X 2022 2023-04-26 12:10:37Z The Black Student Fund Leroy Nesbitt Jr 3636 16th Street NW Washington DC 20010 226375 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. 12 12 1 25 0 0 407006 195916 38232 26254 82 322 2777 -6054 448097 216438 10178 8350 0 0 65646 197095 0 0 22195 271400 193602 347224 399047 100873 -182609 212837 45372 2292 675 210545 44697 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 71953 7000 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 39353 0 22638 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 90855 0 1000 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 41865 0 0 Worked with Positive Focus and PGPAEO to provide programming for scholars and families 41865 0 0 244026 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 0 0 1 1 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 1 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X X Leroy Nesbitt Jr 2023871414 3636 16th Street NW A419 Washington DC 20010 Leroy Nesbitt Jr Executive Director 64 X X X 60000 0 0 Joel Kanter Board Chair 3 0 X X 0 0 0 Mark D Schneider Trustee 3 0 X 0 0 0 Dwight Franklin Jr Trustee 3 0 X 0 0 0 Olutosin Aje-Adegbite Trustee 3 0 X 0 0 0 Sean A Floyd Trustee 3 0 X 0 0 0 Adewale Omoniyi Trustee 3 0 X 0 0 0 Jeanie Carr Trustee 3 0 X 0 0 0 Breon N Wells Trustee 1 X 0 0 0 60000 0 0 0 0 0 0 0 6635 0 875 0 0 188406 0 195916 BSF/LSF 2023 School Fair 611710 22638 22638 0 0 2024 PGPAEO School Fair 611710 3616 3616 0 0 0 0 0 0 26254 322 322 0 0 0 0 3532 875 9937 -6405 0 -6405 351 351 0 0 351 216438 26605 0 -6083 0 0 8350 8350 0 0 0 0 62500 31250 28250 3000 0 0 128967 86967 40000 2000 0 0 0 0 5628 2628 3000 105 105 12780 3685 9095 12031 10977 1054 34518 11000 23518 46244 17000 26244 3000 588 588 912 512 300 100 6052 6052 BSF/LSF School Fair 12116 12116 0 0 PGPAEO School Fair 12723 9723 3000 0 STEM Programming 16925 16925 0 0 Positive Focus Expenses 8768 8768 0 0 29840 17380 7460 5000 399047 244026 132826 22195 150242 20605 50533 782 75667 72930 3649 2737 4169 17004 4244 4244 212837 45372 2292 675 2292 675 X 206376 30388 4169 14309 210545 44697 212837 45372 X -182609 6761 0 0 0 10000 X 0 0 0 X 166197 180156 389228 407006 195040 1337627 166197 180156 389228 407006 195040 1337627 1337627 9 82 15 82 323 511 1012 655 0 0 31012 32679 1370817 1551849 0.97579 0.99732 X Schedule A, Part II, Line 10 Income from our annual School Fair where scholars and their families meet our member schools to discuss life at their schools RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4169 10000 140 0 0 0 14309 2222 2000 -53 0 0 0 4169 2266 0 64 0 0 108 2222 2190 0 76 0 0 0 2266 2190 0 25 0 25 0 2190 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 75667 0 72930 2737 0 0 0 0 2737 Security Deposit at Woodner 4244 4244 636 DC Income Tax 39 675 Schedule D, Part V, Line 4 The endowment fund is used to generate income for student scholarships 1 Scholarships/Financial Aid 50 6050 0 0 Essential Services/Cultural Programs 10 4610 0 0 Schedule I, Part I, Line 2 The organization receives student report cards from our member schools Form 990, Part VI, Section A, Line 6 Black Student Fund provides financial assistance to scholars who attend our member schools for a PK - 12th grade educational experience Form 990, Part VI, Section B, Line 11b We will present the 990 at the next board meeting Form 990, Part VI, Section B, Line 12c Board member were routinely questioned about compliance at board meetings Form 990, Part VI, Section B, Line 15 The board establish the salary for the executive director when he arrived in 2013. His salary remains unchanged. Form 990, Part VI, Section C, Line 19 All policies are available for the public to observe during the tax year. Form 990, Part XI, Line 9 BSF is beginning to replenish its restricted funds account by steering $10,000 of donations in FY 2022 The IRS approved a late filing exemption