What is Common Impact?
Common Impact is a pivotal organization dedicated to forging connections between corporate entities and nonprofit organizations to amplify social good. Through meticulously designed programs and expert consulting, the company empowers businesses to achieve their employee engagement and community impact objectives. Simultaneously, Common Impact provides essential resources and strategic guidance to nonprofits, bolstering their organizational capacity and contributing to the alleviation of inequality. With a legacy spanning over 24 years, the organization has cultivated impactful collaborations with Fortune 500 companies and a diverse array of nonprofits, facilitating profound and lasting societal transformation.
How much funding has Common Impact raised?
Common Impact has raised a total of $451K across 2 funding rounds:
Debt
$150K
Debt
$301K
Debt (2020): $150K with participation from PPP
Debt (2021): $301K led by PPP
What's next for Common Impact?
The substantial capital infusion, particularly the recent strategic investment, signals a significant phase of growth and expansion for Common Impact. This backing is expected to fuel the enhancement of their program offerings, the broadening of their corporate and nonprofit partnerships, and the scaling of their operational reach. As a leader in corporate-nonprofit collaboration, Common Impact is well-positioned to leverage this financing to further its mission of creating measurable social impact and addressing critical societal challenges through innovative engagement models.
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