PHILANTHROPIC
PURPOSE
To form a network of donors, foundations and non-profits dedicated to engaging in effective and responsive philanthropy in Black communities and to equip the member network with the tools and information to address the complex issues facing Black communities. ABFE members gain greater knowledge, leadership skills, networks and decision-making power to serve as strong advocates for Black communities.
ELIGIBILITY
Philanthropic Institutional membership is open to grantmaking entities, including: private foundations, community foundations, corporate giving programs, United Way organizations, donor advised funds, individual doners and giving circles. Benefits are available for current staff, trustees, or donors (up to 7 representatives).
Philanthropic Individual membership is open to individuals affiliated as staff, trustees or donors with grantmaking entities, including: private foundations, community foundations, corporate giving programs, United Way organizations, donor advised funds and giving circles.
ANNUAL FEES
Annual fees for membership in the Philanthropic category are either for an individual or for an institution based on endowment size or operating budget using the following scale:
| Fee | Criteria |
| $10,000 | Endowment of $500M and above or operating budget of $25M and above |
| $5,000 | Endowment of $150M to $499M or operating budget of $7.5M to $24.9M |
| $2,500 | Endowment less than $150M or operating budget less than $7.5M |
| $200 | Individual |
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NON-PROFIT
PURPOSE
To form a network of donors, foundations and non-profits dedicated to engaging in effective and responsive philanthropy in Black communities, and to equip the member network with the tools and information to address the complex issues facing Black communities. ABFE members gain greater knowledge, leadership skills, networks and decision-making power to serve as strong advocates for Black communities.
ELIGIBILITY
Nonprofit Organizational membership is open to non-grantmaking entities with 501 (c) (3) and 501 (c) (4) statuses from the IRS, including: educational institutions, civic and fraternal organizations, faith-based institutions and other public charities. Benefits are available to current staff, trustees, or donors (up to seven representatives).
Nonprofit Individual membership is open to individuals affiliated as staff or trustees of eligible non- grantmaking entities, including: educational institutions, civic and fraternal organizations, faith-based institutions and other public charities.
ANNUAL FEES
Annual fees for membership in the Nonprofit category are either for an individual or for a nonprofit organization based on operating budget using the following scale:
| Fee | Criteria |
| $2,000 | Operating budget of $5M and above |
| $1,000 | Operating budget of $1M to $4.9M |
| $500 | Operating budget of $500,000 to $999,000 |
| $250 | Operating budget less than $500,000 |
| $100 | Individual |
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INDUSTRY PARTNER
PURPOSE
To bridge the connections between minority-owned investment management firms as well as other professional service providers and philanthropy, ABFE is expanding its network to include the Industry Partner category. ABFE’s goal in creating this opportunity is to dismantle the barriers that prevent institutional investors from widely accessing and benefiting from the opportunities to invest with minority- and women-owned firms and engage the services of other professional service firms.
ELIGIBILITY
Membership in this category is open to any firm, corporation or other business organization that provides professional services (ex. advisory, consulting or management) to foundations and supports ABFE’s mission of promoting effective and responsive philanthropy in Black communities.
ANNUAL FEES
Annual fees for Industry Partners are based on assets under management according to the following schedule:
- $2500 (AUM greater than $2B)
- $1500 (AUM $500M – $1.9B)
- $750 (AUM less than $500M)