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EIN 84-2358814

Black and Gold Initiative (BGI)

IRS 501(c) type
501(c)(3)
Num. employees
Unknown
City
Champaign
State
Illinois
Year formed
2019
Most recent tax filings
2023-12-01
NTEE code, primary
B12: Education Fund Raising and Fund Distribution
Description
Black and Gold Initiative is a foundation that raises funds for scholarships targeted towards the East Central Illinois community, with a focus on underprivileged backgrounds. Alongside this mission, they deliver mentorship, education, and professional development workshops to 22 high school male students through the deployment of 17 professional African American men as mentors and hosts at program events. Additionally, the foundation has awarded seven $1,000 scholarships to deserving young men entering college.
Total revenues
$50,467
2023
Total expenses
$34,820
2023
Total assets
$40,481
2023
Num. employees
n/a

Who funds Black and Gold Initiative (BGI)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
AmazonSmile FoundationGeneral Support$12

Personnel at BGI

NameTitleCompensation
Kevin DavisTreasurer$0

Financials for BGI

RevenuesFYE 12/2023
Total grants, contributions, etc.$27,860
Program services$0
Membership dues$200
Investment income and dividends$0
Net gain from sale of non-inventory assets$0
Net income from gaming activities and fundraising events, combined$25,307
Net income from sales of inventory$-2,700
Miscellaneous revenues$0
Total revenues$50,467

Form 990s for BGI

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-13990EZView PDF
2022-122023-05-06990EZView PDF
2021-122022-05-14990EZView PDF
2020-122022-05-14990EZView PDF
2019-122021-04-27990EZView PDF
Data update history
November 25, 2023
Posted financials
Added Form 990EZ for fiscal year 2021
August 17, 2023
Posted financials
Added Form 990EZ for fiscal year 2020
July 10, 2023
Posted financials
Added Form 990EZ for fiscal year 2022
July 1, 2023
Updated personnel
Identified 3 new personnel
May 16, 2023
Updated personnel
Identified 3 new personnel
Nonprofit Types
Grantmaking organizationsSchoolsCharities
Issues
Education
Characteristics
Partially liquidatedFundraising eventsState / local levelGala fundraisersFundraising races, competitions, and tournamentsTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
2102 Windsor Pl Suite 5
Champaign, IL 61820
Metro area
Champaign-Urbana, IL
County
Champaign County, IL
Website URL
bgifoundation.org/ 
Phone
(217) 402-8606
IRS details
EIN
84-2358814
Fiscal year end
December
Taxreturn type
Form 990-EZ
Year formed
2019
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B12: Education Fund Raising and Fund Distribution
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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