v3 Template
F

Foundation for Black Communities (FFBC)

Philanthropy / Non-Profit ~280 employees
Founded
--
Employees (Est.)
~280
14 leaders known
Total Funding
$200.0M
Funding Rounds
1
Last Funding
2023-02-08

About Foundation for Black Communities (FFBC)

The Foundation for Black Communities (FFBC) is Canada's first-ever philanthropic foundation dedicated to investing in Black communities. It aims to ensure every Black person in Canada can thrive and that Black communities have agency in defining their own future through grants, collaboration, and policy influence.

Products & Services

Black Ideas Grant (B.I.G.):Grants to support Black-led, Black-serving, and Black-focused organizations with initiatives and research addressing the needs of Black communities. Includes versions like B.I.G. 2.0 (2024) and B.I.G. 3.0 (2025).
Investment Readiness Program (IRP):A program in partnership with Community Foundations of Canada to deliver funding for social purpose organizations, with a focus on stories of impact in Black Canadian communities.
Ontario Youth Wellness Grant (OYWG):Funding to support projects and systems that positively impact youth wellness through sports and recreation in Ontario's Black communities.
Vaccine Literacy Campaign:Provides $10,000 grants to over 15 Black-led organizations in Alberta and British Columbia to support COVID-19 vaccine literacy.
Black Medical Student Bursary:A bursary program to support Black medical students, launched with a celebration at Toronto Metropolitan University.

Specialties

Investing in Black communities Grant funding for Black-led organizations Policy influence for Black community priorities Collaboration with philanthropic and government sectors

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: Endowment Fund
T: -
FT: Endowment Fund
A: 200000000
MR: -
FA: $200 million
FAN: 200000000
D: 2023-02-08
FD: 2023-02-08
1 investors
Endowment Fund Latest
2023-02-08
$200.0M
1 investor (Pro only)

Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

View 3 more growth metrics with Pro

Unlock All Metrics
Mock Up

Team & Leadership

A

Abdi Aidid

A

Alex Coleman

D

Djaka Blais-Amare

Board Member

E

Elizenda Jean-Claude

F

Francis Boakye

J

Joseph Smith Jr

View 11 more team members with Pro

Unlock Full Team Directory

Recent News

Foundation for Black Communities (FFBC) Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Read more →

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

Read more →

Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Read more →

View 2 more news articles with Pro

Unlock Full News Feed
Mock Up

Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised

Mock Up

Company Details

Industries
Philanthropy / Non-Profit
Company Size
~280 employees (est.)

Similar Companies

Discover AI-powered company recommendations based on industry, funding, and team profiles.

Upgrade to Pro

Technology Stack

Discover the backend, frontend, and infrastructure technologies powering this company's products.

Upgrade to Pro