BLK & Bold Coffee formed a foundation to be managed as a 501(c)(3) non-Profit Organization to engage in community work

BLK & Bold Coffee formed a foundation to be managed as a 501(c)(3) non-Profit Organization to engage in community work

March 20 - 2024

Coffee Geography Magazine

BLK & Bold Specialty Coffee launchs the BLK & Bold Foundation, a nonprofit organization dedicated to empowering, developing, and educating underserved communities. 

Since its establishment in June 2018, BLK & Bold has been working on community engagement, notably through its 5% donation model to the "For Our Youth (FOY) initiative," which aids nonprofit organizations supporting children in underserved communities. With the introduction of the BLK & Bold Foundation, Co-Founders Pernell Cezar and Rod Johnson aim to enhance this commitment by providing a structured platform for donors to support For Our Youth programs.

"The launch of The BLK & Bold Foundation is a special moment for myself and Pernell - coming out of what would be considered an underserved community ourselves, we recognize and applaud the organizations who, at their core, provide safe spaces for underserved youth." said Rod Johnson, Co-Founder and Chief Values Officer, " 

The 501(3)(c) nonprofit embraces the majority-minority equilibrium concept, striving to support youth for the future. Over the next 20 years, it aims to positively impact 72 million children, representing 5% of today's youth. 

The BLK & Bold Foundation serves as a community resource hub, actively seeking partnerships to support its mission. It will offer diverse programs, including community development, educational scholarships, and workforce development, promoting economic mobility and social justice. The foundation is planned to amplifying the voices of its pledge partners and driving large-scale social impact through its "For Our Youth" Program. 

"The launch of The BLK & Bold Foundation represents a significant milestone in our mission to create lasting social impact," said Co-Founder and CEO, Pernell Cezar. "As a company, we've always strived to create a positive impact, but today, with the Foundation, we're making an even stronger commitment to make a difference in the lives of those who deserve it, and, equally important, we aim to shine a spotlight on the remarkable organizations already on a path to do more for the youth and community."