Black Economic Alliance Foundation Black Economic Alliance Foundation

Black Economic Alliance Foundation

The Washington, D.C.-based nonprofit organization helps to create prosperity and economic empowerment for Black Americans.

Finding Ways to Improve Economic Outcomes for Black Americans

Black Economic Alliance Foundation

Established in 2018, the Black Economic Alliance Foundation (BEA Foundation) researches, studies, uses, and shares data to help guide organizations in their cross-sector work to promote economic mobility and prosperity for Black Americans. The BEA Foundation collaborates with leaders in the nonprofit, private, and public sectors to produce, research, and analyze data that identify structural barriers to economic and racial equity; the organization then recommends pragmatic solutions to remove these barriers. 

The foundation's primary areas of focus include promoting workforce development, expanding access to capital and wealth for Black individuals and businesses, protecting safety net programs that enhance wages for workers, addressing explicit and implicit bias, increasing racial representation, and building access to opportunities in Black communities. In addition to data production, the BEA Foundation hosts a forum and speaker series, partners with major corporations such as Goldman Sachs to generate pathways to economic justice, and is developing a program to train and place one million Black workers in jobs over the next ten years.

GRoW Support

2021

General Operating Support

2020

General Operating Support