What is Asset Builders?
Asset Builders is a non-profit organization dedicated to combating financial illiteracy and promoting economic stability across American communities. Founded by Richard Entenmann and Robert Wynn, who previously worked in financial investor protection with the US Securities and Exchange Commission and the Wisconsin Department of Financial Institutions, respectively, the company was established with the clear objective of proactively educating individuals to avoid financial pitfalls and predatory practices. Over nearly two decades, Asset Builders has empowered over 20,000 individuals through a variety of programs targeting low and moderate-income youth, young adults, and families. Key initiatives include The Money Conference, Finance & Investment Challenge Bowl, Youth P.O.W.E.R. Academy of Finance, The Millionaires' Club, Go4It!, and the Got Money! Teen Conference. The organization's commitment to community empowerment through education underscores its significant social impact.
How much funding has Asset Builders raised?
Asset Builders has raised a total of $16K across 1 funding round:
Debt
$16K
Debt (2021): $16K with participation from PPP
Key Investors in Asset Builders
PPP
Public-Private Partnership
What's next for Asset Builders?
With the recent capital infusion, Asset Builders is poised to scale its impactful educational programs and reach a broader demographic. The company's focus on financial literacy and wealth creation aligns with a growing societal need for economic empowerment. Future strategies will likely involve expanding program reach, developing new educational modules, and potentially forging new partnerships to further its mission. The sustained investment indicates confidence in Asset Builders' model and its capacity to drive positive financial outcomes for individuals and communities.
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