How Much Did Beacon Place Raise?
Funding & Key Investors

Beacon Place, a pivotal community organization based in Waukegan, Illinois, has successfully secured a significant capital injection to bolster its operational capacity. This latest financing round, totaling $70K, represents a critical milestone in the organization's trajectory, bringing its cumulative financial backing to $70K. By leveraging this substantial expansion capital, the entity is well-positioned to scale its impact on local families and youth development initiatives.

What is Beacon Place?

Beacon Place
OrganizationsMembership OrganizationsNon-Profit & Charitable Organizations

Established in 2008, Beacon Place functions as a neighborhood community center dedicated to the holistic advancement of its residents. The organization provides a robust suite of services, including after-school academic support, family enrichment programming, and health-focused initiatives. With a proven track record of engaging over 250 local residents and mobilizing a volunteer network exceeding 4,000 individuals, Beacon Place has solidified its position as a cornerstone of social infrastructure in Waukegan. Its core mission centers on fostering educational attainment and personal growth, effectively bridging the gap between community needs and essential support services.

How much funding has Beacon Place raised?

Beacon Place has raised a total of $70K across 1 funding round:

2021

Debt

$70K

Debt (2021): $70K with participation from PPP

Key Investors in Beacon Place

PPP

Public-Private Partnership

What's next for Beacon Place?

With the recent influx of capital, Beacon Place is poised to enter a new phase of organizational maturity. The strategic deployment of these funds will likely focus on enhancing existing program delivery, expanding the reach of its educational initiatives, and strengthening the operational framework that supports its extensive volunteer base. As the organization transitions into this next stage of development, the focus will remain on sustainable growth and the long-term improvement of community health and academic outcomes. By optimizing its resource allocation, Beacon Place aims to deepen its influence within the Waukegan area, ensuring that its programs remain responsive to the evolving needs of the families it serves.

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Frequently Asked Questions Regarding Beacon Place Financial Insights

What are the most recent funding rounds that Beacon Place has completed, and what were the funding rounds?
Beacon Place has recently completed 1 funding rounds: Debt on Jan 21, 2021.
What is the total amount of funding Beacon Place has raised to date?
Beacon Place has raised a total of $70K in funding to date.
How many funding rounds has Beacon Place completed?
Beacon Place has completed 1 funding rounds.
How much funding did Beacon Place raise in its most recent funding round?
Beacon Place raised $70K in its most recent funding round.
Who are the lead investors in Beacon Place's latest funding round?
The lead investor in Beacon Place's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Beacon Place's history?
The largest funding round in Beacon Place's history was $70K.
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