About Us
About The Boston Corporate Finance Community
Founded by Boston industry veterans in 2018, Boston Corporate Finance Community (BCFC), is a networking group comprised of professionals from firms in corporate finance, investment banking, private equity and specialty finance sectors as well as the trusted advisors who facilitate these transactions. Collaboration, leadership and giving back are the hallmarks of this community.
To network within the community, give back to those in need and to celebrate a collective entrepreneurial spirit, BCFC has forged a long-term partnership with an innovative and outstanding Boston nonprofit social enterprise, More Than Words (MTW). Since the inaugural Gathers to Give Back event in 2018, BCFC has contributed almost $2.5 million to MTW to support their operations and the incredible impact they make in changing lives of disadvantaged youth.
About More Than Words
More Than Words is a nonprofit social enterprise that empowers 320 young adults who are in the foster care system, court-involved, out of school and/or homeless to take charge of their lives by taking charge of a business. They manage three retail thrift stores, an ecommerce book selling platform and mobile bookstore all while gaining critical life skills and work experience.
These youth are part of their own solution, they have skin in the game and manage a robust business that generates ~ $4.5MM annually, representing 30% of the organization’s revenue. They source, sort and sell 4.4MM books, 1.0MM pieces of clothing and home goods and complete 44,000 transactions in the retail footprint.
Job training is paired with whole-person supports, life skills curriculum, and case management to overcome barriers and achieve personal goals. MTW participants use the skills gained through the intensive work-based service model and apply them to their learning, earning and lives. The results demonstrate that the power of work, works: 97% of MTW graduates earned or are pursuing a high school diploma. 79% of grads are employed and have monthly earnings 200% greater than former foster youth at age 24.