The BMF is a non- racial, thought leadership organisation founded in 1976, with the main purpose of influencing socio-economic transformation of our country, in pursuit of socio-economic justice, fairness and equity. The BMF continues to be vocal on these aforementioned matters and has been keeping Corporate South Africa in check and encouraging participation of the broader South African stakeholders.

The organisation stands for the development and empowerment of managerial leadership primarily amongst black people within organisations and the creation of managerial structures and processes, which reflect the demographics, and values of the wider society.

Whereas the BMF is not apolitical, but is non-partisan. The BMF is however not neutral on matters of transformation- We are pro-transformation.