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The Baltimore Community Foundation
The Baltimore Community Foundation was established in 1972. Shanaysha Sauls serves as President and CEO. The foundation receives gifts from individuals and...
The Baltimore Community Foundation
The Baltimore Community Foundation was established in 1972. Shanaysha Sauls serves as President and CEO. The foundation receives gifts from individuals and institutions and deploys them through grants and program-related investments focused on Baltimore. BCF allocates capital across affordable housing, community solar and small-business lending. It holds positions in Enolia Apartments and Mayflower Apartments through direct loans. It also participates in the Climate Access Fund solar project at Henderson-Hopkins School and the Key's Pointe mixed-income redevelopment. Geographic focus remains Baltimore and surrounding Maryland counties. Investments occur via direct loans, SPVs and limited-partner commitments to local funds. The foundation employs 35 professionals and maintains its headquarters at 11 East Mount Royal Avenue. It operates the Baltimore Women's Giving Circle and the Black Philanthropy Giving Circle. In June 2024 it presented its annual update and the strategic plan titled Inspire. Additional vehicles include the Maryland Tough Baltimore Strong Key Bridge Fund created in 2024. BCF maintains a hybrid structure that combines traditional grantmaking with an active impact-investment program called Invest for More. This program commits capital to housing developers and community lenders while retaining oversight of specific projects. The model allows the foundation to recycle returns into new Baltimore initiatives rather than distributing all assets as grants.
General information
Firm type
Endowment / Foundation
Year founded
1972
Location
Region
North America
Country
United States
City
Baltimore
Corporate office
11 E Mt Royal Ave, Baltimore, MD 21202, United States
Principals
Shanaysha Sauls
President & CEO
David Clapp
Chair of the Board of Trustees
Patricia P. Baum
Chair of the Investment Committee and Impact Investment Subcommittee
Thomas Bozzuto
Board Chair
Sector focus
Frequently asked questions
Who runs investment decisions at The Baltimore Community Foundation?
Patricia P. Baum chairs the Investment Committee and Impact Investment Subcommittee. RBC Wealth Management serves as primary investment advisor. The committee approves allocations to housing loans and fund commitments.
Does The Baltimore Community Foundation participate in fund commitments or only direct deals?
BCF uses both structures. It holds limited-partner interests in Propel III and Arctaris Impact Fund through the Invest for More program. It also originates direct loans to projects such as Enolia Apartments.
What asset classes does The Baltimore Community Foundation deploy capital into?
Allocations include affordable housing, community solar, small-business lending and public-market investments. The foundation maintains a cryptocurrency donation portfolio custodied at Gemini. It also holds interests in mixed-use real-estate redevelopments.
Where does The Baltimore Community Foundation source its deal flow?
Deals originate from local developers, mission-aligned funds and community organizations in Baltimore. Long-standing partnerships with the Goldseker Foundation and Affordable Homes & Communities generate co-investment opportunities.
How is The Baltimore Community Foundation structured relative to typical private foundations?
BCF combines grantmaking with a dedicated impact-investment sleeve that recycles capital. It maintains separate giving circles and relief funds while keeping investment oversight inside the same entity.
Which regions does The Baltimore Community Foundation target for investments?
All capital deployment focuses on Baltimore and adjacent Maryland counties. Projects include East Baltimore solar installations and Southeast Baltimore housing redevelopments.
What recent operational events has The Baltimore Community Foundation completed?
In June 2024 the foundation presented its annual update and the Inspire strategic plan. It also sponsored the Neighborhood Spotlight Awards and the State of BCF event in 2024 and 2025.
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