National Black Bank Foundation - aVenture Asset Manager Research
Location
Atlanta, GA, US
Founded
2017
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