- Revenue 2023
- $411,410
- Expenses 2023
- $91,515
Program services were 76.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
As filed
- Subsection
- 03
- NTEE code
- P20
- Classification
- 1200
- Street
- 106 CROSS ST
These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).
Mission and programs · 2023
Mission
BUILDING A NEW PHILATHROPIC INSTITUTION SOLELY FOCUSED ON PROMOTING THE WEALTH, HEALTH AND CONNECTEDNESS OF BLACK PEOPLE.
-
WE ARE ESTABLISHING A FUND TO MAKE STRATEGIC INVESTMENTS THAT IMPROVE WEALTH AND HEALTH WHILE INCREASING THE SOCIAL AND ECONOMIC TIES OF BLACK PEOPLE GLOBALLY. OUR ROLES IN ADDITION TO OUR ROLE AS A FUNDER AND INVESTOR, THE IMPERATIVE WILL ALSO SERVE IN THE FOLLOWING CAPACITIES IN PHILANTHROPY: CONVENER WE WILL REGULARLY BUILD RELATIONSHIPS AND BRING STAKEHOLDERS TOGETHER TO IDENTIFY BOTH IMMEDIATE AND LONG-TERM NEEDS FOR THE CULTURE. IN COMING TOGETHER, WE WILL LEARN ABOUT BEST PRACTICES AND STRATEGIZE ON A UNITED PATH FORWARD FOR BLACK PEOPLE COLLABORATOR WE WILL REGULARLY CREATE AND SEEK OPPORTUNITIES TO COLLABORATE WITH OTHER PHILANTHROPIES, PUBLIC AND PRIVATE SECTORS TO ACHIEVE OUR STATED MISSION. COMMUNICATOR WE WILL USE OUR ROLE WITHIN PHILANTHROPY TO EXPRESS IDEAS THAT GIVE PEOPLE COVER TO ADDRESS ISSUES IN OUR COMMUNITIES WITHOUT FEAR OF LOSS OF FUNDING. OUR RESEARCH, PUBLICATIONS AND INVESTMENTS WILL SERVE AS DIRECTION TO THOSE WANTING TO SUPPORT THE INTERESTS OF BLACK PEOPLE
Expenses $70,182 · Grants $20,000
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Officers and directors · 2023
As listed in Part VII of the 2023 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.
-
Alicia AdamsonALICIA ADAMSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ngunan AdamuNGUNAN ADAMU
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Alexandra BastienALEXANDRA BASTIEN
PRESIDENT/SE
- Total calculated
- $0
- Hours/week
- 1
-
Jessica BedneyJESSICA BEDNEY
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Olu FannOLU FANN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Peter HerbertPETER HERBERT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Josina MachelJOSINA MACHEL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Temi MwaleTEMI MWALE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ade OguntoyeADE OGUNTOYE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
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. Earlier years are each on their own filing page.
Filings
-
2023
- Revenue
- $411,410
- Expenses
- $91,515
- Contributions
- $405,636
- Grants paid
- $20,000
-
2022
- Revenue
- $68,866
- Expenses
- $64,904
- Contributions
- $68,866
- Grants paid
- $41,054
The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.
Form 990-N e-Postcard, tax year 2020
- Tax period
- 1 July 2020 to 30 June 2021
- Principal officer
-
Alexandra Bastien
- Mailing address
- 106 Cross StBrockton MA 02301
- Website
- https://theimperativefund.org/
As filed, from the IRS e-Postcard file of 9 November 2026. The IRS publishes only each organization's most recent postcard, so earlier years are not shown. A 990-N carries no financial detail. The postcard also gives the principal officer's address, which is not shown here.
Grants made
-
$20,000
2023 PROGRAM
Grants received
-
$30,000
2024 EQUITY, HUMAN RIGHTS, AND ECONOMIC EMPOWERMENT
Other IRS files
Auto-Revocation List
Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.
Publication 78
Listed as of 11 November 2026, under deductibility PC.
These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.
What this page reflects
The registration facts above come from the IRS Business Master File published 9 November 2026 and read 9 November 2026, for every organization at once. Returns through tax year 2023, the newest we have parsed for this organization.