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National Black Bank Foundation
AddedFeb 15, 2024
UpdatedJun 28, 2026
National Black Bank Foundation

National Black Bank Foundation

Operating

Atlanta-based National Black Bank Foundation aids Black-owned banks and connects investors for support.

Location
Atlanta, GA, US
Founded
2017
Firm
Compare
Portfolio
Fundraising
Employees
Website

National Black Bank Foundation focuses on supporting Black-owned banks through nonprofit services and connecting investors. Based in Atlanta, Georgia, the foundation provides legal, regulatory, strategic, and technical assistance to strengthen these financial institutions. Their investment approach includes facilitating capital investments and depository transactions for Black-owned banks.

The foundation has been involved in a notable $25 million debt financing round for Major League Soccer. Through its concierge services, it works with philanthropic foundations, corporations, family offices, and private individuals to channel support towards Black-owned banks, aiming to enhance their financial stability and community impact.

National Black Bank Foundation - Portfolio Snapshot

Portfolio activity breakdown across disclosed investments and stages

Total Investments1
Current Portfolio Count1
Total Portfolio Exits0

Top Investment Stages

Debt Financing1 (100.0%)

Stage Mix

Debt Financing 100%

Concentration shown as share of disclosed investments by stage.

Recent Investments

Major League Soccer logo

Major League Soccer

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National Black Bank Foundation - Classification

NAICS
  • 520000Finance and Insurance
SIC
  • 6000Depository Institutions
Show 10 more industry codes
NAICS
  • 813000Religious, Grantmaking, Civic, Professional, and Similar Organizations
  • 813900Business, Professional, Labor, Political, and Similar Organizations
  • 813920Professional Organizations
  • 810000Other Services (except Public Administration)
  • 522000Credit Intermediation and Related Activities
  • 522100Depository Credit Intermediation
  • 522110Commercial Banking
SIC
  • 8600Membership Organizations
  • 8690Membership Organizations, Not Elsewhere Classified
  • 6020Commercial Banks