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Black Opportunity Fund

Environment Toronto, Ontario BN: 727678070RR0001 (CRA) Sign up to see website
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69
Integrity Assessment
Partial transparency
69/100 · methodology

About Black Opportunity Fund

Black Opportunity Fund (BOF) is a community-led registered Canadian Charitable organization, whose mandate is to dismantle anti-Black racism by establishing a sustainable pool of capital to fund Black led businesses and Black led not for profits and charities, in order to improve the social and economic well-being of Canada's Black communities.

Founded
Headquarters
Toronto, Ontario
Foundation type
Charitable organization
Size
medium

Verified certifications

Confirmed against the issuing authority - not self-reported.

CRA Registered Charity

Focus areas & reach

· What they work on and where

How it stacks up against peers

· vs. 8 similar environment in Canada
Program spending This charity: 51%
Peer average: 76%
Integrity Assessment This charity: 69
Peer average: 70

Concerns

· None found
No red flags found
Screened for CRA registration revocation, Open investigations, Governance scandals, Related-party deals, Excessive exec comp.

Where every C$1 goes

· FY2023 · CRA (Canada) (FY2023)
C$0.51
C$0.29
C$0.14
ProgramC$0.51
AdministrationC$0.06
Grants to other charitiesC$0.29
UnallocatedC$0.14

GiveRadar Analysis

Original analysis from GiveRadar's dataset of comparable organizations

Based on the records currently verified by GiveRadar, Black Opportunity Fund has a substantially complete profile, cross-referenced across 3 independent sources including the CRA.

  • By reported annual revenue, it is larger than 78% of the 587 environment charities in Canada with financial records on GiveRadar. See the filings
  • Its integrity score of 69 places it in the top 2% of the 627 environment charities in Canada GiveRadar tracks, because GiveRadar has verified its financial disclosures and its registration. View this cohort
GiveRadar has verified
  • government registration
  • financial records
  • disclosed leadership
  • a website
  • a contact email
  • a donation page
Not yet verified by GiveRadar
  • an owner-submitted profile claim

Analysis based on GiveRadar's benchmark dataset of 2026-07-03. It describes what GiveRadar has verified, not a judgment of the organization itself.

Common questions

· Auto-generated from filings + methodology

Black Opportunity Fund is a registered environment nonprofit based in Toronto, Ontario, Canada. It is registered with the Canada Revenue Agency (CRA). It was founded in 2020 and has been operating for 6 years. Its registration number is 727678070RR0001. According to GiveRadar's records, it holds registered-charity status with the Canada Revenue Agency (CRA), which means it can issue official donation receipts and files annual T3010 returns with the regulator. GiveRadar's Integrity Assessment for the organization is 69/100, which reflects how much public information is available, not whether the charity is legitimate. The organization reports C$3M in annual revenue. 20 officers and directors are publicly disclosed. No red flags have been detected. Recent news coverage is predominantly positive.

Black Opportunity Fund's official registration number is 727678070RR0001, as recorded in the national registry of Canada.

Black Opportunity Fund has a GiveRadar Integrity Assessment of 69/100. This score combines five components: Registration (20 pts), Financial Transparency (30 pts), Governance (20 pts), Contact Availability (10 pts), and Data Recency (20 pts), with negative adjustments for any red flags. A score of 69 ('Partial transparency') means some public data is on file but key signals are missing - worth a closer look before donating. For comparison, the average integrity assessment for environment charities in Canada is 70/100.

Black Opportunity Fund is located in Toronto, Ontario, Canada. The organization was established in 2020 and has been active for 6 years. Its registered address is 79 Wellington Street West, 19Th Floor, Canada.

Based on official tax filings, Black Opportunity Fund has C$3M in annual revenue. It allocates 51% of expenses to programs and services. This is below the average of 76% for environment charities in Canada. Create a free GiveRadar account to view the complete financial breakdown with year-over-year trends.

Black Opportunity Fund is classified as an Environment organization, registered in Canada. It operates as a Charitable organization. By size, it is categorized as a medium organization. It has C$3M in annual revenue. The organization has 20 disclosed officers and directors.

No red flags have been detected for Black Opportunity Fund. GiveRadar automatically screens charities for concerning patterns including high executive compensation, low program spending, and missing financial filings. Based on available official data, no issues have been identified.

According to GiveRadar's records, Black Opportunity Fund holds registered-charity status with the Canada Revenue Agency (CRA), which means it can issue official donation receipts and files annual T3010 returns with the regulator. It is registered with the Canada Revenue Agency (CRA). It reports that 51% of expenses go to programs (the peer average is 76%). You can donate directly through their official donation page linked on their GiveRadar profile. GiveRadar provides data for research and does not endorse any organization. A GiveRadar Integrity Assessment reflects how much public data is available, not whether an organization is safe to donate to, so it is always smart to do your own research before giving.

Black Opportunity Fund (BOF) is a community-led registered Canadian Charitable organization, whose mandate is to dismantle anti-Black racism by establishing a sustainable pool of capital to fund Black led businesses and Black led not for profits and charities, in order to improve the social and economic well-being of Canada's Black communities. Black Opportunity Fund is classified as an environment organization registered in Canada. The organization was founded in 2020.

Among environment charities registered in Canada: It allocates 51% of expenses to programs, below the peer average of 76%. Its annual revenue of C$3M is comparable to the peer average of C$2M.

Black Opportunity Fund is a registered charity in Canada. Donations to registered Canadian charities are eligible for tax credits on your federal and provincial income tax returns. The federal credit is 15% on the first $200 and 29% on amounts above $200. Keep your official donation receipt for tax filing.

Annual revenue
C$1M-C$10M
51% to programs
Source: CRA (Canada) (FY2023) why this matters
Unlock exact figures

Filing history

1 year on file from CRA (Canada) (FY2023): revenue, expenses, program spending, assets, and liabilities by fiscal year.

Years on record: FY2023.
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Taxes

Tax-deductibility for donors

Canadian donations are deductible if Black Opportunity Fund is registered with the CRA as a charity. The charity issues an official donation receipt.

Always confirm tax treatment with the charity directly or your tax advisor before donating.

Leadership

From FY2023 filing

AL
Alfred B••••••••
Director

Officers & trustees (20)

Source: Public filings

See full names, roles, and stories

20 officers and trustees on file - free with a GiveRadar account.

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Latest news

From global news sources

10 articles found

From news sources and the organization. Shown for transparency; news never affects the integrity score.

Activity timeline

Filings and press mentions, merged

Black Opportunity Fund launches new investment focused on business and housing - CP24
Feb 2026
www.cp24.com
Race-based $50M housing fund helps only black homebuyers in Canada - Juno News
Jun 2025
www.junonews.com
Torys supports the launch of Black Opportunity Fund’s BOF Capital - Torys LLP
Jun 2025
www.torys.com
BOF Capital Unveils Groundbreaking Investment Funds to Empower Black Entrepreneurs and Homeowners - Newswire Canada
May 2025
www.newswire.ca
Black Opportunity Fund launches investment firm to support Black Canadian entrepreneurs - The Globe and Mail
May 2025
www.theglobeandmail.com
Black Opportunity Fund Justice Grant Program (Canada) - fundsforNGOs
Dec 2024
www2.fundsforngos.org
DoorDash Canada and Black Opportunity Fund partner to offer $10K grants to Black-owned and led restaurants - View the VI
Jun 2024
viewthevibe.com
Form filed
C$2.7M revenue
FY2023
CRA (Canada)
Walmart Canada announces partnership with Black Opportunity Fund and SickKids Foundation - walmartcanada.ca
Jun 2022
www.walmartcanada.ca
BMO supports Black entrepreneurship with new fund - Wealth Professional
Feb 2022
www.wealthprofessional.ca
Supporting Black entrepreneurs through the Black Opportunity Fund - TD Stories
Jan 2022
stories.td.com

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Cause areas in Canada

How many charities work in each area, with this charity's area highlighted.

Human Services 15,009
Community Development 13,007
Education 8,619
Religion 8,105
Arts & Culture 5,872
Health 3,812
Social Services 2,630
Youth Development 752
Environment this charity 627
See all cause areas in Canada

Most common causes in Canada

Causes charities work on most.

Community Development 4,996
Mission Work 3,269
Religion 2,198
Education 1,865
Disability 1,363
Cultural Heritage 990
Arts & Culture 773
Housing 429

Sources and verification

Registration and legal identity
Canada Revenue Agency (CRA) - List of Charities
Financial filings
CRA T3010 Registered Charity Information Returns - Fiscal year 2023 most recent on file.
Officers and trustees
Canada Revenue Agency (CRA) - List of Charities - 20 disclosed in the public registry.
News and media coverage
GDELT Project + Google News

Data freshness

Last updated
Apr 21, 2026
Registry checked
Apr 1, 2026
Profile completeness
85%

What we know and don't know

Exactly which public data we hold on this charity. Our score reflects transparency, not impact.

On record · 8
  • Financial data · FY2023 on record
  • Named leadership · 20 officers on file
  • Government registration · Registered with an official registry
  • Official website · On record
  • Headquarters address · On file
  • Direct contact · Email or phone published
  • Tax-deductibility · Verified
  • Founding date · 2020
Not available · 3
  • Executive pay
    Top-officer pay not disclosed
  • Mission statement
    No self-published statement of purpose
  • Programs & activities
    No named programs listed by the charity

Methodology

GiveRadar builds each profile primarily from official government charity registries, supplemented where available by third-party nonprofit databases and news archives, and combines it into a single 0-100 integrity assessment. The exact sources for this charity are listed above. We don't take a cut of any donation, ever.

Read full methodology

Are you the owner or a board member?

If you represent this organization and want to correct or update its data, you can claim this listing to edit details yourself, or email [email protected] with the correct information. We review every request and respond within 30 days.

Quick facts about Black Opportunity Fund

What is Black Opportunity Fund?
Black Opportunity Fund is a environment charitable organization based in Toronto, Canada. Black Opportunity Fund (BOF) is a community-led registered Canadian Charitable organization, whose mandate is to dismantle anti-Black racism by establishing a sustainable pool of capital to fund Black led businesses and Black led not for profits and charities, in order to improve the social and economic well-being of Canada's Black communities.
When was Black Opportunity Fund founded?
Black Opportunity Fund was founded in 2020.
Where is Black Opportunity Fund located?
Headquartered in Toronto, Ontario, Canada.
What is Black Opportunity Fund's annual budget?
Annual revenue for fiscal year 2023 is approximately C$1M-C$10M. 51% of expenses go to program services.
Is Black Opportunity Fund trustworthy?
Black Opportunity Fund has a GiveRadar Integrity Assessment of 69 out of 100 (Partial transparency). The score reflects public-data transparency: registration, financial disclosure, governance, contact details, and how recently data was refreshed. It does not measure program impact.
What is Black Opportunity Fund's registration number?
Registration: 727678070RR0001 (Canada).
What is Black Opportunity Fund's website?
https://www.blackopportunityfund.ca/
Are donations to Black Opportunity Fund tax-deductible?
Donations may be tax-deductible for residents of Canada under local rules. US donors should check whether the charity has an equivalency-determination letter or a US-based fiscal sponsor before claiming a deduction.