ToT Partners' William Tillman named to board of The Flossy Organization

iCrowd Newswire
11 Aug 2022, 03:02 GMT+10

-News Direct- ToT Partners, a recently launched holding company that owns and operates businesses in the consumer and banking sectors, today announced that its founder and chairman, William Tillman, has been appointed to the advisory board of The Flossy Organization, an advocacy group for Canarsie, a neighborhood in Brooklyn.

Canarsie is a majority-Black residential neighborhood in southeast Brooklyn, and The Flossy Organization's mission is to fight for economic development, resources, and policy action that improve the neighborhood while maintaining its character, history, and dignity. As reported in the local news outlet Brownstoner, The Flossy Organization was recently central to efforts to successfully oppose a proposed pesticide storage facility near the neighborhood's southern border. The city eventually opted to use the facility for another project.

This work is indicative of what The Flossy Organization does and will continue to do on a regular basis: Being an advocate for and ally to the people and businesses that call Canarsie home.

Tillman brings to the Organization's advisory board extensive experience on Wall Street and relationships with influential figures in politics, finance, and business. His firm, ToT Partners, is a parent company with a plethora of business and philanthropic interests. It currently operates a merchant banking and private equity arm, DB Capital, and a luxurious private dining business, Taste of Tillman. It is also aligned with The ToT Foundation, a 501c3 nonprofit that connects Black individuals to business opportunities, resources, and mentorship. The Foundation's financial support comes from Wall Street firms, hedge funds, private equity funds, and well-known hospitality businesses, and it is hosting its inaugural gala Sept. 11 at Rainbow Room in New York City.

Said Tillman: "Economic justice isn't pulling Black kids out of a neighborhood like Canarsie and getting them into Harvard and then on staff at Goldman Sachs. Economic justice is convincing, sometimes compelling, those with power and generational wealth to use it to build up communities that have historically been excluded, exploited, and disinvested. In communities that are rich with history and dignity but tragically don't get their piece of the economic pie. In communities like Canarsie, East Flatbush, and Bed Stuy. That's what I'm excited to be a part of as a board member of Flossy."

About ToT Partners

ToT Partners was founded by William Nicholas Tillman in 2022. The name of the conglomerate embodies what the founder takes pride in: Being a polymath and illuminating ambiguity through business and philanthropy ventures.