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"It's nothing short of a miracle, which is what the Black community is used to producing for itself," Liban Abokor tells Now Toronto.
Abokor is the co-founder and co-chair of Canada's first-ever black-led, black-serving philanthropic foundation, the Foundation for Black Communities, which was launched in 2020.
Its mission is to ensure that Black-led community organizations have the resources and support needed to make a real impact.
"We believe Black-led, non-profit charities are the backbone of Black communities," Abokor says.
"But the level of underfunding is incredibly dangerous to Black communities.
It's not simply a statistical anomaly but actually a recipe for social and economic crisis."
According to a 2016 Unfunded Report from Carleton University and the Network for the Advancement of Black Communities, only seven cents of every $100 distributed by Canada's philanthropic sector goes to Black communities.
Abokor says that's jeopardizing the sustainability of organizations like food delivery and youth programs.
Since its founding in 2020, the foundation has raised more than $230 million to support Black communities and given $15 million to 207 projects.
Its latest initiative, the Black Ideas Grant, distributed nearly $9.1 million to over 107 projects nationwide.
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
Haril Kazindra and wife Andrea are the co-founders of Musana, a community development NGO that runs 19 social enterprises across Uganda.Musana has offices in Denver and London and employs 700 staff,...more
Foundation: Lilly Endowment
All In Kosciusko exists to promote and accelerate the economic and community development already happening across the county.Concerns about economic diversification, talent retention and quality of...more
The Bill Gatton Foundation supports K-12 and higher education, health, and community development in Kentucky, Upper East Tennessee, and Southwest Virginia.Large education grants include $13.5 million...more
Local organizations win $9 million for new affordable housing, social services.Connecticut's Community Investment Fund grants come amid a deluge of cuts to federal funding.The fund was established in...more
Foundation: Parasol Tahoe Community Foundation
Parasol Tahoe Community Foundation has proudly supported Bread & Broth for the past 10 years.In 2024, the Community Foundation was able to introduce the mission of Bread and Broth to a donor who is...more
Foundation: Latino Community Foundation
Latino Community Foundation Awards $3.88M in Grants Across California and Nevada.NewsBreak: Latino Community Foundation awards $3,000,000 in grants across California andNevada.Newsbreak: $1.5 million...more
Alejandro Betancourt Lopez rejects traditional corporate social responsibility models that separate business operations from community impact.Rather than limiting community engagement to corporate...more
Thoughtful giving isn't just about making a donation, it's about creating meaningful impact.Community foundations exist to connect generosity with need, ensuring that charitable giving is both...more
Kareem Thomas most recently served as Chief Credit and Lending Administration Officer at Reinvestment Fund.Bhavani Daryanani has more than 20 years of experience in the sector, bringing deep...more
SECU Foundation has been named a recipient of the 2024 Carolinas Credit Union Foundation Hero Award for Partner in Philanthropy.The SECU Foundation promotes local community development in North...more
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