The Femi Badejo Foundation is a private, non-profit organization founded by Dr. Babafemi Badejo as an effort to contribute to the academic and social development of the Nigerian youth. Doye Olugbemi, Solicitor & Advocate of the Supreme Court of Nigeria, is the serving Secretary-General of the Foundation. 

The Femi Badejo Foundation promotes the study and knowledge of the game of chess. The foundation perceives  chess as an academic and social  developmental tool. The foundation sponsors annual chess tournaments in two categories:  Under 14 and Under 10