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FINANCIALS & MORE
At the Social Roots Foundation, we are committed to financial transparency and accountability. Every dollar we receive is strategically allocated to support our mission of empowering underserved communities through education, mentorship, mental health resources, and leadership development.
We take pride in maintaining responsible financial practices, ensuring that the majority of our funding goes directly into programs and services that create meaningful impact. Our annual financial reports are available to provide donors and partners with a clear understanding of how their contributions are making a difference. Together, we’re building stronger communities and transforming lives.
Social Roots Foundation Quarterly Board Meeting Details
The Social Roots Foundation is committed to transparency and collaboration. Our quarterly meeting notes provide an overview of key discussions, decisions, and progress updates on our programs and initiatives. These summaries are available to keep our community and supporters informed about how we’re advancing our mission and making an impact together.
QTR III 2025
The Social Roots Foundation held its quarterly meeting on September 14, 2025, via Zoom, led by Roicia Banks Hampton. With quorum confirmed, the board reviewed finances, noting a Skyla Credit Union balance of $6,569.24 and the purchase of Intuit Books for bookkeeping. SRF submitted grant applications to the Arizona Racial Justice Initiative, Saks Fifth Avenue Mental Health Grant, and Liberated Capital Decolonizing Wealth Fund, and completed a follow-up report to remain eligible for future Arizona Community Foundation funding. The foundation was also awarded the Omprakash PDG Storytelling Grant, providing 10 consulting hours, capacity-building support, and a $1,000 unrestricted award. Fundraising continues through website donations, Bonfire merchandise sales, and board member contributions of $500 annually. The Ms. ATTITUDE program successfully launched its in-person kickoff on September 6th at The Collective, featuring mentorship, workshops, swag bags, and a storytelling documentary series highlighting Black girls’ experiences in Phoenix. The meeting adjourned at 7:36 PM.
QTR II 2025
The Social Roots Foundation held its quarterly meeting on July 20, 2025, via Zoom, led by Roicia Banks. The board confirmed quorum and reviewed financial updates, including the establishment of a new non-profit bank account with Skyla Credit Union, a total balance of $13,289.46, and the filing of 2024 taxes. SRF is now officially recognized to operate in both Arizona and North Carolina. The board discussed potential board member dues with three proposed contribution options and reviewed current and pending grant applications totaling over $300,000, with several awards and denials noted. The foundation was also approved as an Omprakash partner for fiscal sponsorship and volunteer support. Scholarship applications for the Bernice Kaibetony and ATTITUDE programs closed successfully, yielding 21 total applicants, and $4,000 will be sent to the Dougherty Foundation for award matches. Capacity-building support from Funding for Social Change concluded. Fundraising efforts continue through the SRF website, Bonfire merchandise, PayPal donations, and a planned Omprakash campaign for Ms. ATTITUDE. The Ms. ATTITUDE program will host its in-person kickoff event on September 6th in Chandler, AZ, featuring mentorship activities, swag, and media coverage. The board voted to approve the event and welcomed new member Tandie Myles, LCSW, while accepting Tania Stewart’s resignation. The meeting adjourned at 7:38 PM.
QTR I 2025
The meeting, called to order by Roicia at 7:12 PM EST via Zoom, included updates on recent achievements and organizational matters. Roicia shared that she would be in Phoenix to accept a $10,000 grant check for the Miss ATTITUDE program. Lisa was named mentor chair and is collaborating on program development. Financial updates included a current balance of $3,855.00 and discussions about avoiding Chase bank fees, with plans to transition to a credit union. Several grant applications were reviewed, with the Arizona Community Foundation awarding $10,000 and others still pending. Both the Bernice Kaibetony and ATTITUDE scholarships are now live, with funding still being evaluated. Fundraising updates highlighted merchandise sales and the annual Do Good popcorn fundraiser. Board changes included the appointment of Jhazmyne Stover as Treasurer and Rashawnda Brown as Secretary. The vote for prospective board member Tandie Myles was tabled. Roicia will launch Ms. ATTITUDE in May, and the board will review applications in Quarter 2. The meeting adjourned at 7:46 PM.
QTR IV 2024
The Social Roots Foundation held a meeting on December 29, 2024, via Zoom, with a quorum present. Financial updates included a $3,900 balance in the Chase account, a $204 website renewal fee, and ongoing monthly service fees. Grant applications were submitted for multiple opportunities, including $150,000 from the NBA Foundation, with a $10,000 grant already awarded for the “Miss ATTITUDE” youth program launching in August 2025. The board unanimously approved new members Jhazmyne Stover, Tania Stewart, and Ashley Mann, Esq., along with Rashawnda Brown as Treasurer. Warren Hampton’s resignation from the board was accepted. The meeting concluded at 7:39 PM.
QTR III 2024
The Social Roots Foundation held its quarterly meeting on October 6, 2024, via Zoom. Financial updates included a current account balance of $4,104.21, with $4,000 disbursed for scholarships and $338.26 raised from fundraisers. The foundation received a $500 donation from Team24 and advanced to the second round for a $10,000 grant proposal with the Arizona Community Foundation. New fundraisers were announced, including Miss Fields Cookies and ongoing merchandise sales, while board changes were discussed, with motions made to remove inactive members and review new candidates for the December meeting.
QTR II 2024
The Social Roots Foundation held its quarterly meeting on June 23, 2024, via Zoom. Financial updates included a Chase account balance of $7,302.91, monthly service fees, and recent purchases for scholarship awardees. The board reviewed and voted on candidates for the Bernice Kaibetony and ATTITUDE Scholarships, selecting two recipients for each. Grant updates noted submissions to three grants, with one still undecided and two declined.
QTR I 2024
The Social Roots Foundation held its meeting on February 19, 2023, via Zoom. Financial updates included managing $745 in funds and the Dougherty Foundation’s ongoing 50% donation match for scholarships, with a $1,500 scholarship set to launch in March. Plans for a popcorn fundraiser and marketing strategies for scholarships were discussed, alongside ideas for a mentorship program to support scholarship recipients. The board also explored platforms for managing applications and potential outreach through the Black College Expo to target HBCU students.
QTR IV 2023
The Social Roots Foundation held a meeting on December 17, 2023, where financial updates were provided, including a decrease in the Chase account balance from $1,108 to $858.91 due to a $204.09 charge for the website and domain subscription. The Quarter IV fundraiser, ATTITUDE 4, has raised a pledged donation of $700 with the purchase of 14 tickets, and the Cagnolatti-Daniels Family Foundation projected $4,500 for scholarships in 2024. Scholarship applications for the ATTITUDE and Bernice Kaibetony Scholarships will open in March 2024, and plans for a scholarship award ceremony will need to be made. The meeting was adjourned after board member announcements.
QTR III 2023
The Social Roots Foundation held a meeting on September 10, 2023, via Zoom. Key updates included the addition of Paris to the Chase account, and no new grant updates were provided. The Foundation's bank account had a balance of $1,108, with a $20 donation from Network for Good. The Quarter II fundraiser options were Krispy Kreme or Miss Fields, and the ATTITUDE event currently had $250 raised with a projected sale of 100-150 tickets. There were no updates on the scholarship program. The meeting was adjourned after board member announcements.
QTR II 2023
The Social Roots Foundation held a meeting on June 11, 2023, with all members present. Updates included submitted grant applications totaling over $535,000, financial management transitions, and plans for a Quarter II fundraiser. The board approved increasing the cost of the ATTITUDE event to generate scholarship funds for Black women pursuing careers in social work or public health. Additionally, the Arizona Community Foundation offered a 50% match for the family endowment, potentially boosting scholarships for Fall 2024. Four scholarship applications were under review.
QTR I 2023
The Social Roots Foundation met on February 19, 2023, via Zoom, with a quorum present. Financial updates included a balance of $745 in the Social Roots account, with no funds in the Chase account. The Dougherty Foundation will continue matching donations for scholarships, aiming to raise $1,000 to provide a $1,500 scholarship, with a potential match of up to $25,000. The 2023 Bernice Kaibetony Scholarship will launch in March, and plans for a popcorn fundraiser and mentorship program were discussed. Additionally, the board considered using platforms like Google Forms or Survey Monkey for managing scholarship applications.
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