Program areas at Ward 8 Community Benevolence Fund
The Ward 8 Community Benevolence Fund, previously known as The George Floyd Community Benevolence Fund, was founded by a one-time payment of $500,000 that was paid by the City of Minneapolis as part of the $27 Million Dollar payment for the death of George Floyd. The purpose of the Fund was to give effect to the settlement, which included a desired goal of benefitting businesses that served the community where George Floyd was murdered, many of which were severely impacted in the wake of COVID 19 and George's murder. The Foundation issued $449,801.63 in grants in 2023, which included making grants to 16 different entities. Those grants were made to a variety of entities, included assistance with mental health counseling at a local Boys & Girls Club, a social-justice minded photography gallery in George Floyd Square, and a local car detailing business.
Grants made by Ward 8 Community Benevolence Fund
Personnel at Ward 8 Community Benevolence Fund
| Name | Title | Compensation | Date of data |
|---|
| Jeffrey Storms | President | $0 | 2024-05-22 |
| Terrence Floyd | Vice President | $0 | 2022-12-31 |
| Uzoma Obasi | Treasurer | $0 | 2022-12-31 |
| Jennifer McGuffin | Secretary | $0 | 2022-12-31 |
Financials for Ward 8 Community Benevolence Fund
| Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
|---|
| Total grants, contributions, etc. | $0 | $500,000 | -100% |
| Program services | $0 | $0 | - |
| Investment income and dividends | $31 | $1 | 3000% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $0 | $0 | - |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $0 | - |
| Total revenues | $31 | $500,001 | -100% |
Organizations like Ward 8 Community Benevolence Fund
| Organization | Type | Location | Revenue |
|---|
| Ventura County Asian American Bar Association | 501(c)(3) | Ventura, CA | $72 |
| WJBC Foundation | 501(c)(3) | San Jose, CA | $17 |
| C D Light Foundation | 501(c)(3) | Charlotte, NC | $18 |
| Sandu Foundation | 501(c)(3) | Huntington, NY | $44 |
| Christopher M Forte Scholarship Trust | 501(c)(3) | Pittsfield, MA | $11 |
| Kiffney Foundation | 501(c)(3) | Naples, FL | $118 |
| CHE Family Foundation | 501(c)(3) | Mukilteo, WA | $87 |
| Project Better Days | 501(c)(3) | Idaho Falls, ID | $150 |
| Pin and Teresa Tai Family Foundation | 501(c)(3) | Sugar Land, TX | $10 |
| Lights On Projects | 501(c)(3) | Miami, FL | $100 |
Data update history
August 7, 2024
Posted financials
Added Form 990 for fiscal year 2022
July 23, 2024
Updated personnel
Identified 9 new personnel
July 10, 2024
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Grantmaking organizationsCharities
Issues
No issues found
Characteristics
ReligiousProvides grantsState / local levelTax deductible donationsNo full-time employees
General information
- Address
- 222 S Ninth St 470
- Minneapolis, MN 55402
- Metro area
- Minneapolis-St. Paul-Bloomington, MN-WI
- County
- Hennepin County, MN
- Phone
- (612) 455-7055
IRS details
- EIN
- 87-1734939
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 2022
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- Z99: Z99
- NAICS code, primary
- 813110: Religious Organizations
- Parent/child status
- Independent
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