2025-05-19T08:27:57-07:00 2024-06-30 148602879 Greg Billings Management Consulting 112 Fort Drive NE 1 Washington DC 20011 990 2023-07-01 526053597 BLACK STUDENT FUND BLAC 2023871414 3636 16th Street NW Washington DC 20010 Leroy Nesbitt Jr Executive Director 2023871414 2025-05-15 1 1 Gregory Billings P02463010 2409620123 2025-05-15 X 2023 2025-03-06 01:10:19Z The Black Student Fund Leroy Nesbitt Jr 3636 16th Street NW Washington DC 20002 313356 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 23 0 0 195916 247395 26254 64468 322 738 -6054 -5510 216438 307091 8350 8689 0 0 197095 168680 0 0 26404 193602 137233 399047 314602 -182609 -7511 45372 51018 675 165 44697 50853 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 26982 8689 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 104456 0 46718 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 37338 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 38884 275 Provided cultural experiences including Juneteenth and Long Way Down 5588 0 0 Various summer activities 44472 0 275 213248 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 6 0 0 1 1 0 0 0 0 1 1 1 1 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 X Leroy Nesbitt Jr 2023871414 3636 16th Street NW A419 Washington DC 20010 Leroy Nesbitt Jr Executive Director 60 0 X X X 50250 0 0 Joel Kanter Board Chair 5 0 X 0 0 0 Mark D Schneider Trustee 5 0 X 0 0 0 Dwight Franklin Jr Trustee 0 0 X 0 0 0 Olutosin Aje-Adegbite Trustee 2 0 X 0 0 0 Adewale Omoniyi Trustee 2 0 X 0 0 0 Jeanie Carr Trustee 2 0 X 0 0 0 Breon N Wells Trustee 2 0 X 0 0 0 Sean A Floyd Trustee 2 0 X 0 0 0 50250 0 0 0 0 0 0 0 9972 0 0 0 0 237423 0 247395 2023 BSF/LSF School Fair 611710 47100 47100 0 0 Maryland School Fair 611000 17368 17368 0 0 0 0 0 0 64468 738 738 0 0 0 0 0 0 0 0 0 0 0 0 0 0 755 0 6265 -5510 0 -5510 0 307091 65206 0 -5510 8689 8689 0 0 50250 38693 6533 5024 0 113771 87604 14790 11377 4659 3587 606 466 3596 1037 360 2199 10634 4254 5530 850 21658 8663 11262 1733 37836 15134 19675 3027 2010 804 1045 161 74 30 39 5 684 68 616 5576 2900 2231 445 Sustainability Summit 15544 15544 0 0 BSF Cultural Programming 10720 10720 0 0 PGPAEO School Fair 9175 4175 5000 0 BSF/LSF School Fair 5759 5759 0 0 13967 5587 7263 1117 314602 213248 74950 26404 20605 7362 782 18658 75667 73614 2737 2053 17004 15929 4244 7016 45372 51018 675 165 675 165 X 30388 35931 14309 14922 44697 50853 45372 51018 X -7511 0 0 0 0 13667 X 0 0 0 X 180156 389228 407006 195040 247395 1418825 0 0 0 0 0 0 0 0 0 0 0 0 180156 389228 407006 195040 247395 1418825 1418825 82 15 82 323 738 1240 0 0 0 0 0 0 47613 33747 42798 31012 64468 219638 1639703 219638 0.86529 0.97579 X Schedule A, Part II, Line 10 Black Student Fund connects independent schools with scholars and families primarily through its school fair. The revenues on this line are from fees charged to members to attend its events. Additionally, BSF holds cultural events which it charges the public to attend RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 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 2190 0 76 0 0 0 2266 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 75667 0 73614 2053 0 0 0 0 2053 Security Deposit for Office Space Rental 4244 Undeposited Funds 2772 7016 0 DC Payroll Tax Liabilities 165 165 Schedule D, Part V, Line 4 To generate interest to fund general operations 1 Provided scholarships for tuition, books and fees for 15 scholars 15 5900 0 Provided programming to help scholars obtain scholarship assistance for college Provided sustainability scholarships for 7 scholars 7 2400 Seven scholars were awarded scholarships in amounts ranging from 250 to $500 through their participation in the conference on Sustainability Schedule I, Part I, Line 2 Scholarship assistance was provided directly to our member schools which provided educational services Form 990, Part VI, Section A, Line 6 We have relationships with 54 member schools in the Washington DC Metro Area Form 990, Part VI, Section B, Line 11b The Executive Director reviews the 990 prior to submission Form 990, Part VI, Section B, Line 12c The Board periodically reviews board member status at board meetings Form 990, Part VI, Section B, Line 15 The Board determined the Executive Director's salary at his hiring. The Executive Director's salary has not changed since he was hired. Form 990, Part VI, Section C, Line 19 Black Student Fund makes its policy available upon demand. Form 990, Part XI, Line 9 Black Student Fund received a Sustainability Grant from Forbright Bank The IRS granted Black Student Fund an extension to file its 2023 990. The extension runs thru May 15, 2025