Beacon Funding: How Much Did They Raise & Key Investors

How Much Did Beacon Raise?
Funding & Key Investors

Beacon, a non-profit collaborative focused on advocating for affordable housing, has secured $350K in total funding, with its most recent capital infusion of $350K marking a significant strategic investment. This latest round underscores the organization's established presence and its ongoing mission to support low-socioeconomic status individuals and families.

What is Beacon?

Beacon

Organizations

Non-Profit & Charitable Organizations

Church Management

Founded in 2000 and headquartered in Saint Paul, MN, Beacon operates as a collaborative entity for religious congregations. Its core mission revolves around advocating for and facilitating affordable housing solutions for those in need. The organization's work is critical in addressing socioeconomic disparities by providing essential support and resources to vulnerable populations.

How much funding has Beacon raised?

Beacon has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

Key Investors in Beacon

PPP

Public-Private Partnership

What's next for Beacon?

The substantial backing, particularly the recent strategic investment, positions Beacon for expanded advocacy and program development. This capital infusion is expected to fuel initiatives aimed at increasing the availability of affordable housing, potentially through new partnerships, policy advocacy, or direct support programs. The organization's late-stage funding context suggests a focus on scaling its impact and solidifying its role in the affordable housing sector.

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