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Nonprofiteer
← HBCU GREEN FUND

Form 990 for tax year 2022

Filed by HBCU GREEN FUND.

Totals

Total revenue
$659,769
Total expenses
$536,973
Contributions and grants received
$659,769
Grants paid
$106,112
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$188,807
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$188,807
Program services expenses (Part IX)
$0
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
not reported

Program services were 0.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $32,000

  • 1f · All other contributions, gifts and grants

    $627,769

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $6,889

  • 3 · Grants to foreign organizations and individuals

    total $99,223

  • 5 · Compensation of officers, directors and key employees

    total $132,195

  • 7 · Other salaries and wages

    total $151,261

  • 11c · Fees: accounting

    total $350

  • 11e · Fees: professional fundraising services

    total $2,373

  • 11g · Fees: other

    total $14,329

  • 12 · Advertising and promotion

    total $20,143

  • 13 · Office expenses

    total $3,031

  • 14 · Information technology

    total $11,442

  • 17 · Travel

    total $83,368

  • 19 · Conferences, conventions and meetings

    total $11,699

  • 21 · Payments to affiliates

    total $350

  • 23 · Insurance

    total $320

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $24,602 · end of year $188,807

  • 2 · Savings and temporary cash investments

    beginning of year $41,409

  • 29 · Capital stock, trust principal or current funds

    beginning of year $66,011

  • 31 · Retained earnings, endowment or other funds

    end of year $188,807

Mission and programs · 2022

Mission

TO ADVANCE THE SUSTAINABILITY OF HISTORICALLY BLACK COLLEGES AND UNIVERSITIES.

Activities or mission (Part I)

TO ADVANCE THE SUSTANABILITY OF HISTORICALLY BLACK COLLEGES AND UNIVERSITIES

  • THE HBCU GREEN FUND FELLOWS PROGRAM PROVIDED YEAR LONG OPPORTUNITIES FOR STUDENTS TO ENGAGE IN CLEAN ENERGY KNOWLEDGE PROGRAMS. THE STUDENTS HAD ACCESS TO INDUSTRY LEADERS AND ENTREPRENEURS. THIS PROGRAM INTRODUCED WIND ENERGY AND ELECTRIC VEHICLE CHARGING STATION DEPLOYMENT. THE COLLABORATION WITH THE RUSSELL CENTER FOR INNOVATION AND ENTREPRENEURSHIP, THE HBCU GREEN FUND AND THE US DEPARTMENT OF ENERGY PROVIDED EXPOSURE AND ENGAGEMENT IN THE CLEAN ENERGY SECTOR WITH STUDENTS FROM HBCU'S ALL OVER THE COUNTRY THE HBCU GREEN FUND TOOK HBCU STUDENTS TO AFRICA TO STUDY, DOCUMENT AND IMPLEMENT GLOABL ENERGY INITIATIVES. THE ORGANIZATION HELPED FINANCE, BUILD AND UPGRADE INFRASTRUCTURES AT HBCU'S. THE ORGANIZATION PROVIDED SUSTAINABILITY EDUCATION TO STUDENTS. THE ORGANIZATION PROVIDED THE RESOURCES NEEDED FOR THESE STUDENTS TO ADVOCATE AND LEAD THE COMBAT FOR A CLEANER FUTURE.

As filed on the 2022 return.

Listed in Part VII

  • FELICIA DAVIS

    CEO

    Total calculated
    $0
    Hours/week
    45

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
27 July 2023
IRS schema version
2022v5.0
Source object
202332099349301133

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