Mission
FAMDO exists to revolutionize the way African Americans spend their money and to elevate the value of African-American communities.
Vision
A company’s vision shows its supporters where the company is now and where it will be in years to come. FAMDO’s Vision is captured in the word:
E
FAMDO will receive a commission from EVERY African-American transaction in the marketplace so the company has a ‘pool of profit’ each year to give back to non-profit organizations that service mainly African-American youth.
M
FAMDO will financially support the best educational MODELS that would create as many African-American entrepreneurs, doctors, plumbers, technologists, scientists, educators, carpenters, and corporate personnel as possible.
P
FAMDO and the charities it will financially support aim to provide a PARA-FAMILY (surrogate family) to African-American youth for their guidance and sense of worth.
O
FAMDO is about promoting the OWNERSHIP of businesses, homes, schools, and investments in local Black communities. Ownership to FAMDO also means African Americans taking responsibility for the issues African Americans are facing.
W
FAMDO will WATCHDOG and make sure African Americans are getting a fair share of jobs, management positions, advertisement monies, and government-/corporate- contracting opportunities in the marketplace.
E
FAMDO will provide and support healthy African-American images in the ENTERTAINMENT business. Additionally, FAMDO will lead boycotts of brands that support negative or stereotypical images of African Americans.
R
To prevent African-American communities from ending up worthless, the company will REVOLUTIONIZE how Black communities are valued. FAMDO is not exclusively owned by FAMDO’s management and its investors, but it’s owned by local communities.
FAMDO WILL DONATE 100% OF ITS AFTER-TAX PROFIT TO CHARITIES SERVING THE AFRICAN-AMERICAN COMMUNITY (e.g., MAINLY BLACK YOUTH).
