Beacon Funding: How Much Did They Raise & Key Investors

How Much Did Beacon Raise?
Funding & Key Investors

Beacon, a non-profit collaborative of religious congregations, has secured $350K in total capital, with its most recent funding round bringing in $350K through a major strategic investment. This significant backing underscores the organization's established position and its ongoing mission to advocate for affordable housing solutions for 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 vital non-profit entity dedicated to addressing the critical need for affordable housing. By uniting religious congregations, Beacon leverages collective action and advocacy to support vulnerable populations. The organization's focus on low-socioeconomic status individuals and families highlights its commitment to social equity and community development through housing initiatives.

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?

With the recent infusion of capital, Beacon is poised for enhanced operational capacity and expanded advocacy efforts. The large-scale, late-stage funding suggests a strategic phase focused on scaling its impact, potentially through new program development, increased community outreach, or policy influence. This financial momentum will likely enable Beacon to further its mission of securing stable and affordable housing for those most in need, solidifying its role as a key player in the affordable housing sector.

See full Beacon company page

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