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Filing year 2024

ASSOCIATION OF BLACK FOUNDATION EXECUTIVES INC

New York, New York·EIN 23-7156531·3
Total revenue
$5.8M
Total assets
$18.3M
Total expenses
$7.9M
Reported officers
30
Mission

ABFE'S MISSION IS TO PROMOTE EFFECTIVE AND RESPONSIVE PHILANTHROPY IN BLACK COMMUNITIES. AS AN INSTITUTION, ABFE SEEKS TO IMPACT THE COMMUNITY OF PHILANTHROPIC PRACTICE AND THEREBY THE OVERALL HEALTH AND STRENGTH OF THE BLACK COMMUNITY.

Executive compensation, broken down

Form 990 · Schedule J · 10 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

President & CEO
Above 90th percentile
$359k
$388k
Base
$295k
Bonus
Other
Benefits
$52k
Vp, Finance and Admin
Vice President
75th to 90th percentile
$278k
$300k
Base
$213k
Bonus
Other
Benefits
$57k
Chief of Staff
Key Employee
Median to 75th percentile
$247k
$267k
Base
$221k
Bonus
Other
Benefits
$26k
Vp, Programs
Vice President
75th to 90th percentile
$235k
$254k
Base
$184k
Bonus
Other
Benefits
$44k
Vp, External Affairs
Vice President
75th to 90th percentile
$234k
$253k
Base
$194k
Bonus
Other
Benefits
$32k
Director, Philanthropic Advising Svcs
Highest Compensated Employee
Median to 75th percentile
$167k
$180k
Base
$132k
Bonus
Other
Benefits
$30k
Chief Development Officer
Median to 75th percentile
$163k
$176k
Base
$123k
Bonus
Other
Benefits
$40k
Development Director
Median to 75th percentile
$159k
$171k
Base
$119k
Bonus
Other
Benefits
$35k
Director of Programs
Highest Compensated Employee
25th percentile to median
$151k
$163k
Base
$124k
Bonus
Other
Benefits
$24k
Network and Partnerships Director
Highest Compensated Employee
25th percentile to median
$132k
$143k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 20 unpaid individuals.

Down 3%
from 2023

From $369k in 2023 to $359k in 2024.

$369k
2023
$359k
2024
In today's dollarsEst.
Down 6% in real terms$414k to $388k

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay fell 3% from 2023 to 2024, while revenue fell 24%.

$369k in 2023 to $359k in 2024.
  • Vice President pay rose 40% from 2023 to 2024.
  • Key Employee pay rose 23% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

ASSOCIATION OF BLACK FOUNDATION EXECUTIVES INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$7.6M
$7.2M
2023
$5.8M
$7.9M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about ASSOCIATION OF BLACK FOUNDATION EXECUTIVES INC

What does the Chief Executive Officer of ASSOCIATION OF BLACK FOUNDATION EXECUTIVES INC earn?

In 2024, the Chief Executive Officer of ASSOCIATION OF BLACK FOUNDATION EXECUTIVES INC received $358,892 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at ASSOCIATION OF BLACK FOUNDATION EXECUTIVES INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at ASSOCIATION OF BLACK FOUNDATION EXECUTIVES INC falls in the top 10%.

What are ASSOCIATION OF BLACK FOUNDATION EXECUTIVES INC's revenue and expenses?

In 2024, ASSOCIATION OF BLACK FOUNDATION EXECUTIVES INC reported $5.8M in total revenue and $7.9M in total expenses on its IRS Form 990.

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