The National Black MBA Association® promotes educational and economic growth for black professionals. Our member’s needs—and our desire to make resources available to them—are growing. By expanding our initiatives, we can reach more students and professionals. However, funding required to meet these needs has become increasingly limited.
Your gift, no matter the amount, will go a long way in helping us achieve our mission to serve black professionals. We invite you to explore the amazing opportunities that the National Black MBA Association® offers and invest in our organization and its important role in sustaining black professionals’ access to educational and business resources.
NBMBAA® COVID-19 Relief Fund: Standing in the Gap
COVID-19 is having an unprecedented impact on life in America. Now more than ever, the National Black MBA Association® is standing in the gap to support those who have been severely and disproportionately affected by the disease and its wide-ranging repercussions.
The National Black MBA Association’s COVID-19 Relief Fund is rapidly deploying resources to students, members, businesses, and communities affected by the pandemic.
Grants are made on a rolling basis. As fundraising continues during the outbreak and recovery phases of the crisis, the Fund will adapt to emerging needs as the situation evolves.
The Fund will provide the following support:
• Emergency student funding, including for basic needs, educational expenses, and technology requirements necessitated by virtual learning.
• Certification funding to provide skill development for displaced members and students.
• Small business support, including training and assistance in gaining access to funding and resources to aid business reopening, employment, and stabilization.
• Funding for community-based organizations that face increasing demands in meeting basic human needs due to the COVID-19 crisis.
Our membership and the broader Black community have been disproportionately impacted by COVID-19. The related economic collapse has left our already-at-risk student and professional population even more vulnerable. The Black business community, along with the economic activity and employment it generates, has been devastated. NBMBAA® is activating its 40 chapter nationwide network and scaling its resources to help address these urgent challenges.
To give, click the DONATE button and select “NBMBAA® COVID-19 Relief Fund” or to learn more about the NBMBAA® COVID-19 Relief Fund, please contact Renee Foster at renee.foster@nbmbaa.org or 404-260-0178.
In order to be considered as a recipient of the NBMBAA® COVID-19 Relief Fund, please complete the application below. All applicants must meet NBMBAA® COVID-19 Relief Fund requirements to be selected.
The National Black MBA Association® Business Fund For Excellence enables the Association the ability to provide the tools and resources that lead to the creation of educational and wealth-building opportunities for our members. Your contribution will also enable the Association to continue to provide stipends that enhance professional and personal development and growth.
Scholarships
The National Black MBA Association® is dedicated to helping our members pursue higher education at all levels—undergraduate, graduate and doctorate. Your support for scholarships can help our student members to pursue their academic dreams as well as bridge the gap between our pipeline of talent from high school students to experienced professionals.
We ask that you join us in ensuring our best and brightest students have the opportunity to begin and complete their higher educational pursuits; consider contributing to one or more of the scholarships detailed below or creating an annual or endowed scholarship with NBMBAA® .
• Your gift of $5,000 can provide an annual scholarship to assist an undergraduate or graduate student member
• Your gift of $25,000 can create an endowed scholarship fund to create a lasting impact for our undergraduate and graduate student members for generations to come
If you are interested in creating a scholarship fund, give us a call at 404.260.0178 or email giving@nbmbaa.org for more information.
Corporate Partner Scholarship Program
The National Black MBA Association® Corporate Partner Scholarship program is supported by donations from our corporate partners who are committed to cultivating the next generation of business leaders. Each year, the Association invites corporate sponsors to collaborate with us as we endeavor to expand educational opportunity for students across the nation. Each year, sponsor’s generous investments will provide them the unique opportunity to meet and engage with scholarship awardees at our Annual Conference and Exposition*. The NBMBAA® will disclose the final awardees in the final weeks leading up to Conference.
With a goal of reaching $1 Million by 2020, the NBMBAA Leaders of Tomorrow® Endowed Scholarship will provide academic scholarships to the winners of the NBMBAA Case Competition®at the annual LOT® Leadership Summit. Members of the winning team will receive scholarship funds for their stellar performances. Prizes will be awarded to the top three performing teams, for a collective award of $30,000. The fund is currently 45 percent towards its goal!
Bakari Henderson Memorial Scholarship
The NBMBAA® formed the Bakari Henderson Memorial Scholarship Fund to honor the memory of one of our former student members. This educational scholarship fund aims to motivate future leaders to take advantage of every educational opportunity that allows them the exposure of studying abroad. We seek to honor Bakari and his passion for living the fullest life and seeking every educational opportunity afforded to him by awarding a student(s) with financial support to participate in a study abroad program while attending a 4-year college. Read more here.
Lloyd Trotter Scholarship Fund
Lloyd Trotter was one of the key founders of General Electric’s first corporate affinity group, the African American Forum, and was the first African American officer at GE. Despite the demands of his successful career, Lloyd always found time to give back to the community and help minorities in GE by redirecting “people of color so they have a better shot at winning the game.” This scholarship was the brainchild of Mr. Trotter and the African American Forum of GE. For more than 15 years, current and former employees of GE have contributed to the scholarship. Like Lloyd and other GE employees, anyone that shares the same distinct values of integrity, hard work and community service are encouraged to contribute.
Regional NBMBAA® chapters are available as charities of choice with Amazon Smile. Click here to be directed to Amazon Smile for your future purchases. A portion of your purchase will be donated to the chapter of your designation.
Looking for other ways to support a regional chapter directly?Click here for more information.
Giving Levels and Recognition
For individual donors, please click here to learn more about our giving levels.
For corporate donors, please click here to learn more about our giving levels.
Ways to Give
Online
Make a one-time gift or enroll in our recurring giving program.
If you would prefer to send a check, please mail a completed form and check to:
National Black MBA Association®
Attn: Business Fund For Excellence
400 West Peachtree Street NW, Suite 203
Atlanta, GA 30308
Other Types of Gifts
Matching Gifts
Many employers sponsor matching gift programs and will match any charitable contributions made by their employees. Contact your employer directly or call 404.260.0178 or email giving@nbmbaa.org for more information on making such a donation.
Endowments
Once established, an endowed fund is a dependable and perpetual source of support, since the principal is invested and only a portion of the earnings is spent annually. By endowing a fund, you ensure that it will forever provide an opportunity for our members to receive support where you designate.
Donors will have two (2) years to fully endow a fund with the award being made one year after the is fully funded. A minimum gift of $25,000 is needed to establish an endowment for an individual donor and $50,000 for corporate donors. Please call 404.260.0178 or email giving@nbmbaa.org for more information on endowments.
Planned Gifts
In certain instances, it may be preferable to consider long-term gift planning as the best way to make a gift. This can be accomplished through various gift instruments, such as bequests, charitable lead trusts, gift annuities, gifts of stock and beneficiary designations. Please call 404.260.0178 or email giving@nbmbaa.org for more information on planned giving.
Gifts in Honor/Memoriam Of
Honoring a family member, friend, classmate or faculty member with a gift is a touching way to pay tribute to a loved one. When making a gift in tribute of an individual or group, select the desired option in the Dedication section of the online gift form and follow the prompts. If you still need assistance, please call 404.260.0178 or email giving@nbmbaa.org.
Gifts In-Kind
Alternative, non-monetary gifts are always appreciated. Please call 404.260.0178 or email giving@nbmbaa.org for more information on making such a donation.
Sponsorship
If you are interested in sponsoring a NBMBAA® event or program, click here for more information.
The National Black MBA Association® is a 501(c)(3) charitable organization, EIN 23-7348780. All donations are deemed tax-deductible absent of any limitations on deductibility applicable to a particular taxpayer. No goods or services we provided in exchange for your contribution.
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Annual membership contract, paid in monthly installments with automatic renewal Service begins as soon as your initial payment is processed. You will be charged 1/12 of the annual membership fee at the time of purchase, every month for the duration of your annual contract. Your membership contract will renew automatically, on your annual renewal date, until you cancel your membership in writing no later than 30 days prior to your annual renewal by contacting membership support. Renewal rates are subject to change, but you will be notified at least 30 days prior to your annual renewal date if your renewal rate will change. Should you cancel before your one-year term has expired, you will be charged 100% of your remaining contract obligation and your service will continue until the end of until the end of your contracted term. Cancellations can be made any time by contacting membership support in writing. Annual prepaid membership contract, with automatic renewal Service begins as soon as your payment is processed. You will be charged, immediately in full, the annual membership fee at the time of purchase. Your contract will renew automatically, on your annual renewal date, unless you cancel your membership in writing by no later than 30 days prior to your annual renewal date by contacting membership support. Renewal rates are subject to change, but you will be notified at least 30 days prior to your annual renewal date if your renewal rate will change. Should you cancel before your one-year term has expired, your payment is non-refundable, and your service will continue until the end of your contracted term. Cancellations can be made any time by contacting membership support in writing. Activation of Membership Memberships will become active upon processing of all materials at National Black MBA Association (NBMBAA) headquarters. Existing Lifetime and Associate Lifetime Members The Lifetime or Associate Lifetime membership is no longer offered. Existing Lifetime or Associate Lifetime members who have paid in full are active for the duration of his or her lifetime, from their membership activation (see activation of membership). Lifetime or Associate Lifetime members are no longer eligible for any other membership type. Student Members Student memberships are active for 12 consecutive months, beginning at activation (see activation of membership). You will be considered a student member as long as you are actively enrolled in a recognized undergraduate or graduate degree program. Your membership should be upgraded to a Professional or Associate membership upon the expiration of your current membership, subsequent to graduation. You are required to submit proof of your current enrollment. The following items will be accepted as proof of current enrollment: • Letter from the registrar acknowledging your current enrollment status • Copy of your tuition bill • Class schedule reflecting your current enrollment. Should you fail to submit proof of current enrollment within 60 days, your membership may be terminated, and your payment will not be refunded. You will then need to reapply for membership. Refund Policy The NBMBAA will only provide refunds for the following reasons: • Verified duplication of billing • Verified overcharges • Submission of incorrect member type resulting in one of the above Refunds will be provided as follows: • Credit card payments will be credited to that same credit card. • Cash and check payments will be credited by NBMBAA check after 30 days, and only after initial payment has cleared our financial institution. * Refunds will be issued only upon request of the individual. The NBMBAA will vigorously defend itself against credit card charge backs. In the event that your credit card company requests a credit for charges, we will comply only to the extent that the request meets the requirements of the refund policy. (See above). Recurring Payments If you choose a recurring payments option to automatically renew your membership, you are responsible for canceling it prior to annual recurrence to avoid charges. Once charged, your membership will not be refunded. Notice of Photography and/or Videography As a condition of membership, individuals grant the National Black MBA Association an irrevocable nonexclusive license to use their name, image, voice and likeness for the purpose of advertising and promoting NBMBAA events, activities and products without any further approval from you or payment to you. It is the NBMBAA’s right to make visual and audio recordings, and still images of its members (collectively “Photography”) and to use the Photography and member’s name. However, none of the above shall be deemed as an endorsement for any NBMBAA product or service. Without limiting the generality of the foregoing, members agree that the rights granted hereunder shall include the perpetual, worldwide right of NBMBAA to edit, telecast, rerun, record, publish, reproduce, use, license, print, distribute or otherwise exploit, in any manner and in any medium or forum, whether now known or hereafter devised. Terms and Conditions are subject to change without prior notification. Revised: April 5, 2017. NBMBAA®
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