Overview

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Est.

2020

Fiscal Year Start

Jul 1

Organization Type

Grantseeker

AI Summary

The Student Freedom Initiative Inc is a 501(c)(3) nonprofit organization dedicated to ensuring freedom in professional and life choices for students attending minority serving institutions (MSIs). With an operating budget of $8.7 million and total revenue of $5.9 million for the 2024 filing year, the organization is supported by several significant funders, none of which contribute 50% or more of its revenue. More information about their mission and initiatives can be found at www.studentfreedominitiative.org.

Mission Statement

THE STUDENT FREEDOM INITIATIVE IS A 501(C)(3) NONPROFIT ORGANIZATION DEDICATED TO ENSURING FREEDOM IN PROFESSIONAL AND LIFE CHOICES FOR STUDENTS ATTENDING MINORITY SERVING INSTITUTIONS (MSIS).
Revenues
$5.9M
Expenses
$10.1M
Net Income:
-$4.2M
Assets
$141.8M
Liabilities
$1.4M
Net Assets:
+$140.5M
Operating Budget
$8.7M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
3
Median grant size
$10K
Largest grant received
$500K
M
Mark Brown
Board Member
M
Michael Lomax
Board Member
H
Henry Louis Gates
Board Member

Frequently Asked Questions

What is STUDENT FREEDOM INITIATIVE INC’s budget?
In 2024, STUDENT FREEDOM INITIATIVE INC reported an annual operating budget of around $8.7 million. More detailed financial information is available to registered users.
What causes does STUDENT FREEDOM INITIATIVE INC support?
STUDENT FREEDOM INITIATIVE INC supports work in Scholarships & Financial Aid.
Where does STUDENT FREEDOM INITIATIVE INC operate?
STUDENT FREEDOM INITIATIVE INC is headquartered in Washington, DC.
Who funded STUDENT FREEDOM INITIATIVE INC recently?
In 2024, STUDENT FREEDOM INITIATIVE INC received grants from THE PRUDENTIAL FOUNDATION, IMPACTASSETSINC, and FUND II FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant STUDENT FREEDOM INITIATIVE INC received in 2024?
The largest grant to STUDENT FREEDOM INITIATIVE INC in 2024 exceeds $500 thousand.