BOF and SickKids have partnered to make a difference against a painful condition disproportionally experienced by people of African descent that can also place considerable financial burden on families: Sickle Cell Disease. On World Sickle Cell Day, June 19, 2022, BOF and SickKids announced their shared goal to achieve better outcomes for children living with the most common genetic disease affecting the Black communities. First, we’ll achieve this by helping SickKids make medication easier and safer to take at home via a SickKids-developed technology called a capsule shredder, which will be distributed across Canada. Second, we are establishing together the Sickle Cell Disease Patient Amenities Fund at SickKids, to help over hundreds of patient families with costs not covered by government, now and in the future. Better health outcomes for Black kids. It’s happening here.
Black Opportunity Fund is building its board of directors. If you have the qualifications we’re searching for, please let us know. If you know someone who does, let them know too.
In June 2020, when the Black Opportunity Fund was launched, we promised our supporters that we would conduct an extensive and national consultation with as many Black leaders, Black-led businesses and Black community organizations as possible. We also promised to deliver a summary of those discussions. The report has been completed and will be released shortly. We thank you for your patience.
Responsible Investment Association (RIA), your kindness will not go unnoticed. Beginning with the Diversity & Inclusion Week you hosted October 26-30, educating investment pros on how to advance diversity and inclusion in their organizations and portfolios, we are thankful for your understanding of the need to improve diversity, equity and inclusion. We are especially grateful for the portion of funds that RIA donated from that event to Black Opportunity Fund. We thank your members. We thank the leaders of the organization.
Investors across Canada are eager to learn more about the fund. Dennis Mitchell breaks it down in an interview with the Uncommon Sense Investor at Davis Rea:
We’ve heard from hundreds who attended the Black Business in Canada Town Hall on October 28th, that systemic discrimination in the banking industry, is a major hurdle faced by Black entrepreneurs when it comes to securing capital.
CBC producer, James Donne, took a closer look at this issue and acknowledged Black Opportunity Fund as one of the solutions to tackling this problem.