JB

Jordan BCC Community Grants

North America, Oregon, United States, Beaverton

Description

The Jordan BCC Community Grants program is an integral component of the Jordan Brand's Black Community Commitment (BCC), a significant initiative launched in 2020 by Nike's Jordan Brand in partnership with Michael Jordan. This program is not a traditional venture capital fund focused on equity investments but rather a philanthropic endeavor dedicated to supporting organizations working towards racial equality, social justice, and greater access to education for Black communities. The commitment behind this initiative is substantial, pledging $100 million over a period of 10 years to various non-profit organizations and institutions across the United States.

The grants are strategically allocated to address systemic inequalities and foster positive change. Recipients often include grassroots community organizations, civil rights advocacy groups, and Historically Black Colleges and Universities (HBCUs). For instance, early beneficiaries included prominent entities like the NAACP Legal Defense and Educational Fund and Morehouse College, demonstrating the program's reach from national advocacy to foundational educational institutions. The program aims to empower communities by providing crucial financial support to those on the front lines of social and educational reform.

While the overall commitment is substantial, individual grant sizes vary depending on the scope and nature of the recipient organization. For smaller, grassroots initiatives, grants can typically range from approximately $50,000, providing vital support for local programs and operations. Larger, more strategic partnerships, such as those with major educational institutions or national advocacy groups, have seen grants extend up to $1,000,000 or more. For example, in specific rounds, the program has distributed $1 million across 18 grassroots organizations, illustrating a common distribution model for community-focused support. This diverse range of grant sizes allows the Jordan BCC Community Grants to impact a broad spectrum of initiatives, from hyper-local efforts to national-level systemic change.

Investor Profile

Jordan BCC Community Grants has backed more than 40 startups, with 0 new investments in the last 12 months alone. The firm has led 40 rounds, about 100% of its total and boasts 0 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Grant rounds (top funding stages).
  • Majority of deals are located in United States.
  • Strong thematic focus on Education, Non Profit, Communities.
  • Typical check size: $50K – $1M.

Stage Focus

  • Grant (100%)

Country Focus

  • United States (100%)

Industry Focus

  • Education
  • Non Profit
  • Communities
  • Training
  • Legal
  • Social Assistance
  • Social
  • Social Impact
  • Digital Media
  • Social Media
circle-line
FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Jordan BCC Community Grants frequently co-invest with?

Nike
North America, Oregon, United States, Beaverton
Co-Investments: 1

What are some of recent deals done by Jordan BCC Community Grants?

Village of Love and Resistance

Baltimore, Maryland, United States

Village of Love and Resistance mission is to co-create a cooperative community in East Baltimore owned by Black and Brown people.

CommunitiesFinanceNon ProfitSocial
GrantFeb 17, 2023
Public Narrative

Chicago, Illinois, United States

Public Narrative has always been to give voice to the voiceless.

CommunitiesEducationNon ProfitSocial Media
GrantFeb 17, 2023
Education Justice Alliance

Charlotte, North Carolina, United States

The Education Justice Alliance (EJA) works for an educational system that is effective, equitable, and inclusive.

Education
GrantFeb 17, 2023
Vocal Justice

Oakland, California, United States

Vocal Justice nonprofit, tax-exempt organization registered in the U.S. they also encourage youth to communicate with integrity.

EducationPrimary EducationSecondary Education
GrantFeb 17, 2023
Higher Heights Leadership Fund

Brooklyn, New York, United States

Higher Heights Leadership Fund is motivated to vote.

CharityNon ProfitPolitics
GrantFeb 17, 2023
Reuben V. Anderson Center for Justice

Tougaloo, Mississippi, United States

The Reuben V. Anderson Center for Justice was founded to combat systemic poverty and economic injustice through programmes.

Law EnforcementLegalSocial AssistanceSocial Impact
GrantFeb 17, 2023
Built Oregon

Portland, Oregon, United States

Built Oregon is a digital magazine that highlights the statewide network of entrepreneurs and innovators.

Digital MediaSocial MediaSocial Network
GrantFeb 17, 2023
One Love Global

Lansing, Michigan, United States

One Love Global is to change communities so that Black children can live in plenty, justice, peace, and healing.

CommunitiesEducationNon ProfitSocial Impact
GrantFeb 17, 2023
Beyond Sports Foundation

Highland Park, Illinois, United States

Beyond Sports Foundation transforms lives through the power of sport by transforming athletic ability into life opportunities.

EducationSportsTraining
GrantFeb 17, 2023
Ad Hoc Group Against Crime

Kansas City, Missouri, United States

Ad Hoc Group Against Crime is the provider of supportive services for those impacted by violence and homicide.

CommunitiesFamilySocial Assistance
GrantFeb 17, 2023