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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
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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?

NewRoot Learning Institute

Chicago, Illinois, United States

NewRoot Learning Institute offer a comprehensive 400-lesson social-emotional learning curriculum to support students.

EducationNon ProfitTrainingVocational EducationWellness
GrantFeb 17, 2023
Massachusetts Appleseed Center for Law and Justice

Boston, Massachusetts, United States

Massachusetts Appleseed Center for Law and Justice is to promote equal rights and opportunities for Massachusetts residents.

LegalNon ProfitSocial Assistance
GrantFeb 17, 2023
Metcalfe Park Community Bridges

Milwaukee, Wisconsin, United States

Metcalfe Park is a robust and thriving community.

Communities
GrantFeb 17, 2023
Vanguard Theater Company

Montclair, New Jersey, United States

Vanguard Theater Company is a 501(c)3 non-profit organization that creates original, collaborative, and reimagined works of theatre.

EducationPerforming Arts
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
Birmingham Education Foundation

Birmingham, Alabama, United States

The Birmingham Education Foundation is a chartered education centre that empowers the students knowledge and manners.

EducationHigher Education
GrantFeb 17, 2023
Institute for Intellectual Property and Social Justice

Washington, District of Columbia, United States

IIPSJ is an institute for intellectual property and social justice.

Building MaterialEducationReal Estate
GrantFeb 17, 2023
STEM to the Future

Los Angeles, California, United States

STEM to the Future mission is to inspire and motivate Black and Latinx youth to use STEAM to create the world they want and deserve.

EducationSkill Assessment
GrantFeb 17, 2023
Mentor Greater Milwaukee

Milwaukee, Wisconsin, United States

MENTOR Greater Milwaukee will increase the capacity of existing mentoring agencies by providing training and recruitment strategies.

Training
GrantFeb 17, 2023
Day Eight

Washington, District of Columbia, United States

Day Eight Enabling individuals and communities to engage in the arts.

ArtPhotography
GrantFeb 17, 2023