Overview

Diverse Communities Impact Fund (DCIF)

Information by Research TrustFinance

https://www.cibc.com/en/about-cibc/corporate-responsibility/cibc-foundation/diverse-communities-impact-fund.html

Launched in 2024, the CIBC Diverse Communities Impact Fund is a $5 million capital fund managed by the CIBC Foundation. Its mission is to support Canadian non-profits and charities that serve marginalized groups, including Indigenous peoples, Black communities, newcomers, people with disabilities, and the 2SLGBTQ+ community. The fund provides repayable capital in the form of loans and other investments to help these organizations scale their operations, create social impact, and build a more equitable society. This initiative is part of CIBC's broader commitment to corporate responsibility and community investment.

Founded in
United States

United States


Industry

    Financial

  • InvestmentPRIMARY
  • Other Service