Foundation for Black Communities
Annual Report 2024
Foundation for Black Communities
Annual Report
Report Overview
Reflecting on the past year, we find ourselves at a pivotal moment in the journey of the Foundation for Black Communities (FFBC). In the last 12 months, we have navigated challenges with determination, emerging stronger, more focused, and more committed than ever to fulfilling our mission as Canada’s first-ever Black-led philanthropic foundation.
From the outset, the expectations placed upon us were immense. As stewards of a groundbreaking Black-led philanthropic endowment, we embraced the monumental task of translating the hopes and dreams of our community into tangible action. The eyes of donors, partners, and, most crucially, Black communities across Canada were upon us—watching with both hope and scrutiny.
From launching our inaugural national grant program, the Black Ideas Grant (B.I.G.), to distributing over $9.1 million to 107 impactful programs nationwide, FFBC has demonstrated the capacity to meet community needs with trust-based philanthropy. Through participatory granting processes, we have not only funded initiatives but also fostered community empowerment, setting a new standard in the philanthropic sector.
Foundation for Black Communities
Trust-Based Philanthropy
Foundation for Black Communities
Trust-Based Philanthropy
Report Overview
The report explores the partnership between the Foundation for Black Communities (FFBC) and the MLSE Foundation (MLSEF), established in 2022, grounded in trust-based philanthropy (TBP). The partnership involves a $1M, four-year commitment aimed at capacity building, operational support, participatory grantmaking, and building an endowment. TBP emphasizes mutual trust, transparency, and equitable power dynamics, positioning grassroots organizations as leaders in addressing community needs.
The report underscores that trust-based philanthropy fosters deeper relationships, shared accountability, and systemic change, challenging traditional philanthropic norms to empower historically underfunded communities.
Foundation for Black Communities
Unfunded: Black Communities Overlooked by Canadian Philanthropy
Report Overview
This FFBC research report provides the first in-depth examination of the relationship between Canadian Philanthropy and Black communities. Our research and analysis suggest that the Canadian philanthropic sector has failed to support the urgent and specific needs of Black communities in Canada.
Foundation for Black Communities
Unfunded: Black Communities Overlooked by Canadian Philanthropy
Report Overview
This FFBC research report provides the first in-depth examination of the relationship between Canadian Philanthropy and Black communities. Our research and analysis suggest that the Canadian philanthropic sector has failed to support the urgent and specific needs of Black communities in Canada.
The Time is Now for Change.
Foundation for Black Communities exists to ensure every Black person in Canada can thrive and all Black communities have agency in defining their own future.