ENG
/
FR

BOF & BCFC Grant and B3 Capacity Building Program

Black Opportunity Fund (BOF) is pleased to be launching a grant and capacity building program for Canadian Black-led, Black-serving, and Black focused not-for-profits, and charities (B3s), in partnership with the Black Canadian Fundraisers Collective (BCFC) which will open for applications on March 25, 2024.

This program is made possible through generous funding support from the TD Ready Commitment and the RBC Foundation.

To provide support to potential applicants and answer questions about the program, BOF and BCFC are hosting an information webinar on March 20, 2024 from 6:30 – 7:30 PM EST.

About the BOF/BCFC B3 Capacity Development Program

The BOF/BCFC B3 Capacity Building Program is an 8-month program funded by Black Opportunity Fund (BOF) and delivered by Black Canadian Fundraisers Collective (BCFC), designed to provide Black-focused, Black-led, Black-serving nonprofits and charities, with funding and capacity development support that positions them to collaborate, lead and deliver community-determined solutions that effectively address identified community priorities and needs.

This pilot initiative is made possible through funding commitments from the TD Ready Commitment and the RBC Foundation. Black Opportunity Fund (BOF) is pleased to be partnering with BCFC and delivery partners Imagine Canada, Management Advisory Services (MAS) and the International Coaching Federation, Vancouver Chapter.

This BOF/BCFC grant and Capacity Building Program is national in scope, involving the selection of twenty-five B3 organizations from across Canada, delivering initiatives in one or more of BOF priority areas, however, program funding has been secured from philanthropic organizations – United Way Halifax, and The Toronto Foundation, to prioritize the participation of fifteen B3 organizations selected specifically from three communities (Halifax Regional Municipality and East Hants; the Greater Toronto Area; and Windsor-Essex County) in the pilot.

All organizations selected will receive $20,000 in funding to allocate according to their charitable purposes, operational and program needs. In addition to this funding, organizations selected to participate in the pilot will receive coaching support from certified professional Black coaches and access to mandatory training in key areas of nonprofit management. All applicants will have access to specifically curated online resources covering relevant topics critical in building and maintaining healthy, adaptable, and community-responsive organizations.

We require a commitment from applying organizations, that individual leaders selected from the organization to participate in the program, will be allowed the required time to invest and participate in all aspects of the program fully and will include at least one key leader/ decision-maker.

The B3 Organizations must commit to approximately 4.5 hours weekly and a total of 35 hours monthly to complete the mandatory elements of the capacity-building program. The overall program consists of 75 hours of content.

WEBINAR DETAILS

To provide support to potential applicants and answer questions about the program, BOF and BCFC are hosting an information webinar on March 20, 2024 from 6:30 – 7:30 PM EST.

During the 1-hour webinar, members of the BOF and BCFC Program teams will review the program, including eligibility and adjudication criteria, and hold an open Q&A for prospective applicants to address questions.

Applications open on March 25, 2024, and will close on April 24, 2024 at 11:59 PM EST.

About BOF & BCFC

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 by:

  1. Responding to long-standing underinvestment in Black communities
  2. Working 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, youth, health, women and gender, criminal justice, entrepreneurship, arts and culture, housing and shelter, and food insecurity, that impact the quality of life in Black communities across Canada.

The Black Canadian Fundraisers’ Collective (BCFC) is a group of Black identifying people, rooted in the historic African tradition of Ubuntu, “I am because you are. We exist to inspire and elevate our fundraising sector as the leading advocate and thought collective for Black Canadian philanthropy.

Anchored by its purpose and guided by its belonging and freedom values, BCFC’s Black Philanthropy Fund (BPF), in partnership with Carleton University, offers the Award for Black Emerging Fundraising Professionals enrolled in the Master of Philanthropy and Nonprofit Leadership (MPNL). The award promotes Black leadership within the philanthropic and nonprofit sectors by making education more accessible through this meaningful and impactful financial support.

Secure your seat register by clicking here

Please note this is a secure call, only those who have registered and received the link will be permitted onto the call.

BOF & BCFC Grant and B3 Capacity Building Program

The Black Opportunity Fund (BOF) and Black Canadian Fundraisers Collective (BCFC) are seeking volunteer Adjudicators to review and adjudicate applications for their upcoming granting and capacity building program for Black-led, Black-serving, Black-focused nonprofits, and charities (B3s). 

Black Opportunity Fund (BOF) will be launching a grant and capacity building program for Canadian Black-led, Black-serving, and Black-focused not-for-profits and charities, in partnership with the Black Canadian Fundraisers Collective (BCFC) on March 25, 2024. 

This program is made possible through generous funding support from the TD Ready Commitment and the RBC Foundation. 

The upcoming BOF & BCFC grant and capacity building program will be available to B3s serving nonprofit organizations and charities delivering initiatives in any of BOF priority areas of: education, youth, health, women and gender, criminal justice, entrepreneurship, arts and culture, housing and shelter, and food insecurity. 

 

About the BOF/BCFC B3 Capacity Development Program

The BOF/BCFC B3 Capacity Building Program, is an 8-month program funded by Black Opportunity Fund (BOF) and delivered by Black Canadian Fundraisers Collective (BCFC), designed to provide Black-focused, Black-led, Black-serving not-for-profits, with flexible funding and capacity development support that positions them to collaborate, lead and deliver community-determined solutions that effectively address identified community priorities and needs. 

This pilot initiative is made possible through funding commitments from the TD Ready Commitment and the RBC Foundation. Black Opportunity Fund (BOF) is pleased to be partnering with BCFC and delivery partners Imagine Canada, Management Advisory Services (MAS) and the International Coaching Federation, Vancouver Chapter. 

This BOF/BCFC grant and Capacity Building Program is national in scope, involving the selection of twenty-five B3 organizations from across Canada, delivering initiatives in one or more of BOF priority areas, however, program funding has been secured from philanthropic organizations – United Way Halifax, and The Toronto Foundation, to prioritize the participation of fifteen B3 organizations selected specifically from three communities (Halifax Regional Municipality and East Hants; the Greater Toronto Area; and Windsor- Essex County) in the pilot.

All organizations selected will receive $20,000 in funding to allocate according to their charitable purposes, operational and program needs. In addition to this funding, organizations selected to participate in the pilot will receive coaching support from certified professional Black coaches and access to mandatory training in key areas of non-profit management. All applicants will have access to specifically curated online resources covering relevant topics critical in building and maintaining healthy, adaptable, and community-responsive organizations.

We require a commitment from applying organizations, that individual leaders selected from the organization to participate in the program, will be allowed the required time to invest and participate in all aspects of the program fully and will include at least one key leader/ decision-maker.

The B3 Organizations must commit to approximately 4.5 hours weekly and a total of 35 hours monthly to complete the mandatory elements of the capacity-building program. The overall program consists of 75 hours of content.

ADJUDICATOR APPLICATION DETAILS

Persons interested in being considered as adjudicators can self-nominate or nominate someone else if the person being nominated has given permission in advance. The overall responsibility of the Adjudication Committee is to:

  1. Review all grant applications presented for consideration in the grant.
  2. Rank all grant applications based on objective criteria and an assessment process established by BOF.
  3. Make recommendations for funding and capacity building 

 As this is a national granting program, BOF encourages applications from individuals from all regions of Canada.

Successful candidates will have a clear understanding of, and alignment with, BOF’s mandate, vision, and mission. 

  • An understanding of anti-Black racism and systemic racism and their effects on Canada’s Black communities.
  • The ability to apply BOF criteria and make recommendations in a fair and unbiased manner.
  • An understanding of the barriers facing Black-led, Black community serving nonprofits and charities due to systemic racism.
  • Bilingualism will be considered an asset.
  • Previous experience reviewing or adjudicating grant applications, or experience working for a Black community-focused nonprofits or charities will be considered an asset.

Black Opportunity Fund is committed to being inclusive of the full spectrum of the Black Canadian experience, so we particularly encourage applications from individuals representing diverse identities such as gender, sexual orientation, religion, ethnicity, age, immigration status, language, and national geographical location.

Adjudication Committee Members will be required to participate in a virtual orientation session in March as well as sign a confidentiality agreement.

The deadline to submit the application is Sunday March 31st, 2024.

Successful applicants should expect to volunteer up to thirty (30) hours before May 31, 2024.

 

Social Economy through Social Inclusion (SETSI) Interview with Ray Williams Chair & Co-Founder of the Black Opportunity Fund

Ray Williams, Chair and Co-Founder of the Black Opportunity Fund, shares his background and motivation for his work in this interview. Williams has held various leadership roles, including being the past president of the Canadian Association of Financial Professionals and the current chair of the Black Opportunity Fund. Williams emphasizes the importance of equity and access in all areas of life and expresses his desire to help his communities and inspire change, particularly in the financial industry. He also shares how the Black Opportunity Fund aims to build sustainability, achieve economic and social impact, and create capacity for Black entrepreneurs.

BOF Investment Principal Position Brief

Black Opportunity Fund, a charitable foundation focused on advancing socio-economic opportunities for Black Canadian communities, is in the process of launching a $50 million CDN investment fund, which will engage in impact investing in Black-led companies. We are seeking a Managing Partner, who will be responsible for origination, due diligence, execution (including structuring and funding), post-transaction portfolio management and value addition in line with the firm’s investment strategy.

The candidate will assume a lead role in investments, participate in BOF Capital’s investment committee, and play a leadership role in the firm in terms of strategy, governance, business decision-making and fundraising. The candidate will be joining a newly created entity, and will have the opportunity to recruit and build the investment team. As such the candidate is required to have entrepreneurial attributes, and a shared sense of purpose and values with Black Opportunity Fund.

The firm will shortly be raising a new $50 million private equity fund focused on investing in established Black-led companies with growth potential, as well as co-investing in early stage companies with other Black-focused VCs. The firm is also preparing to launch a similar size fund aimed at creating a pathway to homeownership for Black Canadians, through a shared equity model. BOF has already secured a significant commitment of capital from National Bank of Canada, and is in advanced conversations with several other institutional investors for similar commitments.

This is a unique opportunity to build and lead an investment firm with a strong focus on catalyzing social impact and advancing sustainable economic empowerment for Canada’s Black communities.

BOF Investment Principal Profile

Habitat for Humanity GTA Homes

Unlock the benefits of a home of your own now. Habitat for Humanity GTA is offering homes across the Greater Toronto Area, from Oshawa to Brampton, for families, couples and individuals like yourself. If your household income is between $65K and $130K and you are struggling to afford a home in this market, Habitat GTA has a home that may be right for you!

Why partner with Habitat GTA?

  • No down payment: it can take decades to save for a down payment, Habitat GTA’s homes don’t require one.
  • Affordable mortgage: families pay a first mortgage geared to income while Habitat GTA provides a second mortgage to bridge the gap.
  • Peace of mind: you won’t spend more than 32% of your income on shelter, leaving room for building savings, investing in education and more. · Homes available near where you live and work: 58 & 62 Sky Harbour Drive (Brampton), 25 William Street (Brampton), 485 Normandy Street (Oshawa), 423 Old Weston Road (Toronto), 500 Wilson Avenue (Toronto).

Homes Feature:

  • Zero downpayment required
  • 1 – 4 bedrooms
  • 1 – 3 bathrooms
  • 483 – 1530 square feet
  • Parking included at most communities

Minimum Eligibility Requirements:

  • You are employed full-time or full-time equivalent
  • You hold 3 years of consecutive employment history in Canada
  • You are first time homebuyers and cannot afford a purchase on your own

Select homes have been delivered in part by CMHC’s federal funding for first-time homeowner Black families in the GTA. Eligible applicants must have at least one person in their household who identifies as Black when applying for select units.

Ready to apply? We encourage you to learn more about the program, see unit details and start your application: https://habitatgta.ca/homeownership/

Questions? Please contact the Habitat GTA team at families@habitatgta.ca

Habitat GTA Homes – Feb 2024

Beyond the Decade: Moving from Hashtags to Action

To sign up, please use the below link or scan the QR code displayed on the flyer

Black Opportunity Fund cordially invites you to Beyond the Decade: Moving from Hashtags to Action, a conversation with Gaynel Curry Independent Expert Member of the UN Permanent Forum of People of African Descent

In this engaging conversation, we will examine the achievements of the UN Decade for People of African Descent, discuss the need for a 2nd Decade, and delve into the ongoing efforts required. Our focus will be on the current and emerging opportunities and threats impacting the socio-economic advancement of people of African Descent on the continent and throughout the Diaspora.

The UN Permanent Forum of People of African Descent, which became operational on 2 August 2021 through UN General Assembly resolution 75/314, serves as a platform for improving the safety and quality of life and livelihoods of people of African descent. It also serves as an advisory body to the Human Rights Council.

Ms. Curry, with over 23 years of experience at the United Nations, has made significant contributions to the International Decade for People of African Descent. Her various roles have included Human Rights Advisor in Geneva and Gender and Women’s Rights Advisor in New York, with key portfolios in Afghanistan, South Sudan, and Timor-Leste.

This event is proudly presented by the Black Opportunity Fund, the Canadian Race Relations Foundation, and The McGill Centre for Human Rights & Legal Pluralism, along with Miller Thomson, Centre for Criminology and Sociolegal Studies – University of Toronto, and Diversity Institute – Ted Rogers School of Management


Date: February 8, 2024

Time: 3:00 p.m. – 5:00 p.m.

Location: MILLER THOMSON LLP, Scotia Plaza, 40 King Street West, Suite 5800

#WeBackBlack #BeyondTheDecade #UNDecadeAfricanDescent #AfricanDiasporaAction #HumanRightsDialogue #AdvancingAfricanDescent


Please be aware that space is limited, and only individuals who have registered in advance will be allowed to attend.