HBCU Green Fund

HBCU Green Fund is an environmentalist nonprofit organization that claims that it is seeking to raise $1 million to fund environmentalist projects at historically black colleges and universities (HBCUs) to lower carbon emissions and energy usage. 1 According to its tax returns, from 2018 to 2020, HBCU Green Fund has received $355,173 in contributions and ended 2020 with $41,409 in assets. 2

At-A-Glance

Founded:

2018

Location: Forest Park, GA View on map
Tax ID: 47-5650301
Most Recent Filing: 2024
Budget (2024): Assets: $415,749 Revenue: $588,787 Expenses: $996,453

Contents

    HBCU Green Fund is the cosponsor of an annual conference titled “BIPOC Climate Justice Dialogue,” that hosts political and government leaders. The conference serves to advocate for environmentalist policy that would fund projects in ethnic minority communities. 3

    Background

    HBCU Green Fund is an environmentalist nonprofit advocacy organization that was founded in 2018. Since its inception, it has been campaigning to raise $1 million to finance renovations at historically Black colleges and universities that it claims will lower energy and water usage, which it argues will reduce costs and allow the colleges to reinvest the saved money. 1

    HBCU Green Fund also performs the research to identify renovations that will achieve its environmental goals while also lowering operating costs for HBCUs. Its website states that it is seeking renovations that will lower carbon emissions and incur utility savings of at least 20 percent. 1

    BIPOC Climate Justice Dialogue

    HBCU Green Fund cofounded an annual conference called the “BIPOC Climate Justice Dialogue” alongside BIPOC Climate Scholars, US ACE Coalition, and Land Peace Foundation. The conference hosts and invites political leaders and government agencies to advocate for environmentalist policies that it believes would solve race issues allegedly faced by ethnic minorities. 4

    In April 2022, the BIPOC Climate Justice Dialogue published its report summarizing its 2022 conference that analyzed the Biden administration’s Executive Order 14008, the Justice40 Initiative, which instructs federal agencies to provide at least 40 percent of funding for certain environmentalist projects to go towards “disadvantaged communities.” The report argues that the executive order has been insufficient and should include all “investments” of environmentalist projects to go towards projects managed by ethnic minorities or in ethnic minority communities. It also proposes that federal agencies adopt an “Environmental Justice Scorecard and the Climate and Economic Justice Screening Tool” that measure how much of the federal funding directly benefits ethnic minorities. 5

    Fellowship Program

    HBCU Green Fund has a partnership with the Russell Innovation Center for Entrepreneurs (RICE), using a Department of Energy grant to fund a fellowship program for students at the Atlanta University Center. The grant was created by the Biden administration to fund research for and businesses that will create a network of electric vehicle charging stations across the interstate system. The fellowship program is offered to college students in science, technology, engineering, and math programs to train them to work for companies involved in establishing the network. 6

    People

    Felicia Davis is an environmentalist activist, cofounder and CEO of HBCU Green Fund. She also works as the director of the Building Green Initiative for Clark Atlanta University. 7 In September 2018, Davis published an op-ed in the Washington Informer, criticizing the Trump administration for reducing regulations on carbon dioxide emissions from coal plants because she claims they are a large contributor to global warming and have adverse health effects that disproportionately affect ethnic minorities. 8

    Financials

    According to its tax returns, HBCU Green Fund reported receiving $232,309 in contributions and total revenue in 2020. It also reported spending $126,707 on salaries and compensation, $11,640 in grants, and total expenses of $191,192. Additionally, HBCU Green Fund ended 2020 with $41,409 in assets. 9

    Financial Statistics

    Total Assets

    Total Revenue

    Total Expenses

    YearTotal AssetsTotal RevenueTotal ExpensesFiling
    2024 $415,749 $588,787 $996,453 View
    2023 $699,415 $1,373,000 $862,392 View
    2022 $188,807 $659,769 $536,973 View
    2021 $66,011 $295,502 $270,900 View
    2020 $41,409 $232,309 $191,192 View

    Prior year filings: 2019, 2018

    Revenue Detail

    Employee Compensation

    Highest Earning Employees

    EmployeeTitleTotal Compensation
    Felicia DavisMANAGING DIRECTOR$100,520
    Myron WilliamsSENIOR ADVISOR$50,421
    Carol HunterDIRECTOR$38,755
    Yvonne JonesCOMMUNITY ORGANIZER$30,200
    Ayodeji OyesanyaCONSULTANT$23,050
    Illai KenneyMANAGER$5,750

    Grant Activity

    All-time grants received statistics from Candid dataset:

    • Total Grant Value: $2,209,875
    • Number of Grants: 24
    • Number of Funders: 13

    Selection of highest value grants received from the last seven years:

    AmountYearFunderSubject
    $1,150,0002023 Morgan Stanley Global Impact Funding Trust IncUNRESTRICTED GENERAL SUPPORT
    $300,0002024 Windward FundENVIRONMENTAL PROGRAMS
    $150,0002022 Windward FundENVIRONMENTAL PROGRAMS
    $125,0002024 Amalgamated Charitable Foundation IncGeneral operating support
    $75,0002024 ENVIRONMENTAL DEFENSE FUND
    $60,5002021 Instructional Telecommunications Foundation IncCORE SUPPORT
    $40,0002022 SOLUTIONS PROJECT INCGOS FF-RR Climate Disaster Preparedness & Recovery Grant
    $30,0002024 SOLUTIONS PROJECT INCCore Fund 2024 grant award
    $30,0002023 SOLUTIONS PROJECT INCFF-CB general operating support grant
    $30,0002023 Instructional Telecommunications Foundation IncCORE SUPPORT
    $30,0002022 SOLUTIONS PROJECT INCGOS FF Capacity Building
    $25,0002022 National Philanthropic TrustEDUCATION
    $20,0002021 SOLUTIONS PROJECT INCFighter Fund – Capacity Building Grant
    $16,0002022 BVM Capacity Building Institute IncGOTV
    $15,8752023 Amalgamated Charitable Foundation IncGeneral operating support
    $15,0002022 James M. Cox Foundation of Georgia IncUNRESTRICTED SUPPORT; CHAIRMAN'S CHALLENGE AWARD BENEFICIARY
    $12,0002024 Dream.OrgTRANSFORMATIVE COMMUNITIES FELLOWSHIP
    $11,0002022 Amalgamated Charitable Foundation IncGENERAL OPERATING SUPPORT
    $10,0002022 Dream.OrgTO SUPPORT OPERATIONS
    $7,5002024 The Arthur M Blank Family FoundationENVIRONMENTAL AWARENESS FOR WESTSIDE RESIDENTS
    $6,0002020 Amalgamated Charitable Foundation IncEnvironmental Justice/Climate Justice/Nature
    $6,0002020 Georgia Strategic Alliance for New Directions and Unified PoliciesGeneral
    $02021 Georgia Strategic Alliance for New Directions and Unified PoliciesGeneral

    All-time grants given statistics from Candid dataset:

    • Total Grant Value: $223,552
    • Number of Grants: 10
    • Number of Recipients: 10

    Selection of highest value grants given from the last seven years:

    AmountYearFunderSubject
    $100,0002023 Truly Living Well Center for Natural Urban
    $65,0002023 National Coalition on Black Civic Participation
    $33,8972023 Multiple REPUBLIC OF SOUTH AFRICA RecipientsECO VILLAGE DEVELOPMENTS
    $20,0002023 Historic Westside Gardens
    $4,0002023 Donors of Color Network Inc
    $5002023 Clark Atlanta University Inc
    $1002023 Green the Church
    $552023 Climate Generation
    $02023 Alliance for the Activation of Cook ParkGOLFCART TO PROMOTE ECO SYSTEM
    $02023 West Atlanta Watershed Alliance IncELECTRIC GOLFCART ECO USE

    Associated Influence Networks

    View ESG Activism

    ESG Activism

    ESG activism refers to individuals and organizations that advocate for Environmental, Social, and Corporate Governance (ESG) criteria as part of evaluating business operations. ESG considerations…

    Associated Groups & People

    References

    1. “About Us.” HCBU Green Fund. Accessed October 17, 2022. http://hbcugreenfund.org/about-us1/our-office/.
    2. Return of Organization Exempt from Income Tax (Form 990). HBCU Green Fund. 2018-2020. Part I, lines 12-20
    3. “BIPOC Dialogue.” HCBU Green Fund. Accessed October 17, 2022. http://hbcugreenfund.org/bipoc-dialogue/.
    4. “BIPOC Scholar.” bipoc. Accessed October 17, 2022. https://bipocscholars.org/.
    5. “MPROVING CLIMATE SPENDING & COLLABORATION EFFICIENCY FOR JUSTICE40.” BIPOC Climate Justice Dialogue, April 2022. https://bipocscholars.org/wp-content/uploads/2022/04/item_0_20220404085200480.pdf
    6. “Fellows.” HCBU Green Fund. Accessed October 17, 2022. http://hbcugreenfund.org/hbcu_rising-2/.
    7. “Sustainability Leader, Felicia Davis, Named ‘Atlanta Power Woman‘and Surprised with Billboard Honoring Her Clean-Energy Work.” HCBU Green Fund. Accessed October 17, 2022. http://hbcugreenfund.org/mevents/sustainability-leader-felicia-davis-named-atlanta-power-womanand-surprised-with-billboard-honoring-her-clean-energy-work/.
    8. Davis, Felecia. “Davis: EPA Rollbacks Will Hurt People of Color.” The Washington Informer, September 5, 2018. https://www.washingtoninformer.com/davis-epa-rollbacks-will-hurt-people-of-color/.
    9. Return of Organization Exempt from Income Tax (Form 990). HBCU Green Fund. 2020. Part I, lines 8-20.