Black Canadians are calling for a new approach to philanthropy that is led by and for Black communities. The Government of Canada has committed $200 million to establish the Black-Led Philanthropic Endowment Fund dedicated to supporting Black-led charities and organizations serving youth and social initiatives. Led by Black Canadians for Black Canadians, the Fund will create a sustainable source of funding to improve social and economic outcomes in Black communities.

In several roundtable discussions, takeaways were that the Endowment Fund should:

be governed to reflect the diversity of Black communities
be accountable to those communities
support diverse social and economic projects
see regional expertise guide its funding decisions