Black Opportunity Fund (BOF) is a community-led registered Canadian Charitable organization, that supports a prosperous, healthy and thriving Black Canada by challenging anti-Black racism in two ways. First, we respond to long standing underinvestment in Black communities. We do this by delivering sustainable and needs-informed capital streams, managed by Black people for the benefit of Black communities, which disrupt ineffective and disempowering contemporary funding practices. Second, we work nationally to strengthen collective actions by Black organizations and leaders, helping them to create new and more impactful ways to support and advocate for our community.
BOF prioritizes initiatives around education and youth, health, women and gender, criminal justice, entrepreneurship, arts, culture and recreation, and food insecurity, that impact the quality of life in Black communities
Black Opportunity Fund fulfills its mandate by:
- Facilitating access to capital for Black-led businesses to drive economic empowerment through the disbursement of loans, equity investments and other funding support.
- Providing grants to Black-led not for profits and charities, who are leading initiatives that impact the quality of life in Canada’s Black communities.
Black Opportunity Fund recognizes and is committed to reduce the power imbalances inherent to funder/fundee relationships and to use an anti-oppression and intersectional lens. We use trust based participatory decision-making processes so the communities who are most impacted by our work have a say in how we carry out our mandate.
Black Opportunity Fund’s Registered charity #727678070 RR 0001