The Minority Freedom Community Fund

Revolutionizing how communities are empowered

Warren, MI   |  https://mifreedomcf.org

Mission

The Minority Freedom Community Fund is a nonprofit organization with a mission to improve the lives of African Americans and minorities in the United States of America through a multifaceted approach that includes providing capital infusions, supporting existing social infrastructure, and promoting holistic wellness.

Ruling year info

2019

President & Executive Director

Ms. Nakia Powell Thomas

Main address

PO Box 1891

Warren, MI 48090 USA

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EIN

84-2163716

NTEE code info

Public Foundations (T30)

IRS filing requirement

This organization is required to file an IRS Form 990-N.

Communication

Blog

Programs and results

What we aim to solve

SOURCE: Self-reported by organization

The Minority Freedom Community Fund (‘MFCF) is a public charity organized to improve the lives of minorities through economic support, social programs, and spiritual guidance. It was established in 2019 to address the severe unmet need among minorities in the United States. Addressing the economic, social, and spiritual well-being of minorities across the country is done through a variety of programs that are led by community members, civic leaders, other nonprofits, business owners, and government agencies alike. Our delivery method primarily entails serving as a fiduciary for programs and providing grants, interest-free loans, and technical assistance to individuals and businesses that align with our mission. MFCF aims to support existing social service infrastructure and elevate participatory grantmaking among those who are most often the targets but rarely the voices of traditional philanthropy. As a community fund, or goal is to elevate community-led solutions to issues.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Grantmaking

support for programs or projects in order to scale, establish
proof of concept, bring innovative ideas to the minority community, provide direct
emergency or educational assistance. This includes all scholarships and
entrepreneurship grantmaking. General operating support is available for organizations
& businesses that are working to alleviate the economic, social and spiritual concerns of
minorities. Support is also available for the acquisition, construction and/or renovation of
facilities of organizations that, are working to alleviate the economic, social and spiritual
concerns of minorities. May also be provided for other forms of capital in accordance with
a formal capitalization plan.

Population(s) Served
Ethnic and racial groups
Economically disadvantaged people

fiduciary is an administrative and fiscal agent. We are not service
providers. Under this type of support, we are not able to make decisions about the amount
or type of services individuals receive or how organizations implement their programs.
Instead, we assist organizations or individuals in implementing and administering the
funds from their funding source and manage financial accountability and employer
responsibilities. For organizations, this means that we handle the financial operations
necessary to fulfill the standards and guidelines of a grant or other funding program. For
individuals, this means that we are responsible for the financial and employer
responsibilities of paying employees and vendors and handling necessary legal
filings. We help to manage the supports that have already been identified in the
organization’s plans and budget. We help ensure that funds are well spent and effectively
managed.

Population(s) Served
Ethnic and racial groups
Economically disadvantaged people

Coaching, training, and various literature provided by MFCF
staff and partners. We employ a variety of means to deliver this support both by request
and as part of internal initiatives. Our website, blogs, social media campaigns, webinars,
and online courses are examples of the various avenues used to provide TA to our
community. Upon request and subject to availability of staff, we will also provide in-person
or phone-based support in any of the aforementioned program areas (i.e. economic,
social support or spiritual guidance. TA is provided by MFCF staff and our partners.

Population(s) Served
Ethnic and racial groups
Economically disadvantaged people

Where we work

Our Sustainable Development Goals

SOURCE: Self-reported by organization

Learn more about Sustainable Development Goals.

Financials

The Minority Freedom Community Fund
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Operations

The people, governance practices, and partners that make the organization tick.

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lock

Connect with nonprofit leaders

Subscribe

Build relationships with key people who manage and lead nonprofit organizations with GuideStar Pro. Try a low commitment monthly plan today.

  • Analyze a variety of pre-calculated financial metrics
  • Access beautifully interactive analysis and comparison tools
  • Compare nonprofit financials to similar organizations

Want to see how you can enhance your nonprofit research and unlock more insights? Learn More about GuideStar Pro.

The Minority Freedom Community Fund

Board of directors
as of 4/6/2021
SOURCE: Self-reported by organization
Board chair

Mr Justin Hearn

Nakia Powell Thomas

Erica Turner

Tameka Arnold

David Melton, Jr.

Myaia Holmes

LaDawn Jones

Dayna Peoples

Richard Brookins

Kady Cox

Alisha Procter

Daryel Peake

Nicole Valentini

Vivian Smith-Del Toro

Farouk Ferchichi

Joyce Hollingsworth

Kasey Morgan

Kenneth Williams

Martin Katz

Michelle Brown

Michelle Mellon

TJ Forster

Tarsha Gale

Nicholas Waller

Giovanna Carbone-Adams

Erin Holder-Castillo

Letarsha Williams

Organizational demographics

SOURCE: Self-reported; last updated 03/25/2021

Who works and leads organizations that serve our diverse communities? GuideStar partnered on this section with CHANGE Philanthropy and Equity in the Center.

Leadership

The organization's leader identifies as:

Race & ethnicity
Black/African American/African
Gender identity
Female, Not transgender (cisgender)
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

Race & ethnicity

Gender identity

 

Sexual orientation

Disability

We do not display disability information for organizations with fewer than 15 staff.

Equity strategies

Last updated: 01/08/2020

Policies and practices developed in partnership with Equity in the Center, a project that works to shift mindsets, practices, and systems within the social sector to increase racial equity. Learn more

Policies and processes
  • We have community representation at the board level, either on the board itself or through a community advisory board.