How Much Did Fair Chance Raise?
Funding & Key Investors

Fair Chance has successfully secured a significant capital infusion, bringing its total funding to $409K. This latest major strategic investment of $259K underscores the organization's pivotal role in the nonprofit ecosystem. By leveraging these resources, Fair Chance continues to solidify its position as a critical intermediary for community-based entities navigating the complexities of systemic inequality and resource scarcity.

The trajectory of this financing reflects a sustained commitment to scaling operational impact. Since its inception, the organization has demonstrated a robust capacity to translate financial backing into tangible social outcomes, particularly for marginalized populations in the Washington, DC and Prince George's County regions.

What is Fair Chance?

Fair Chance
OrganizationsNon-Profit & Charitable Organizations

Fair Chance operates as a specialized capacity-building nonprofit, functioning as a force multiplier for community-based organizations. By providing strategic guidance, operational support, and advocacy, the firm empowers local nonprofits to overcome barriers related to poverty and discrimination. Their model is centered on professionalizing the nonprofit sector, ensuring that organizations serving children, youth, and families possess the infrastructure necessary for long-term sustainability and growth. Through its unique partnership approach, Fair Chance has effectively bridged the gap between philanthropic intent and community-level execution, fostering a more resilient social services landscape.

How much funding has Fair Chance raised?

Fair Chance has raised a total of $409K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$259K

Debt (2020): $150K with participation from PPP

Debt (2021): $259K led by PPP

Key Investors in Fair Chance

PPP

Public-Private Partnership

Undisclosed Investors

Undisclosed Investors

Undisclosed Investors

Undisclosed Investors

What's next for Fair Chance?

With the recent influx of capital, Fair Chance is positioned to accelerate its strategic initiatives, focusing on deepening its impact within its existing geographic footprint while potentially exploring new models for sector-wide advocacy. The organization is expected to prioritize the expansion of its capacity-building programs, enabling a larger cohort of community-based organizations to achieve financial stability and operational excellence. As the nonprofit sector faces increasing pressure to address systemic disparities, Fair Chance's role as a convener and advocate will likely become even more critical. Future efforts will likely emphasize the integration of data-driven performance metrics to further demonstrate the efficacy of their intervention model to institutional donors and stakeholders.

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Frequently Asked Questions Regarding Fair Chance Financial Insights

What are the most recent funding rounds that Fair Chance has completed, and what were the funding rounds?
Fair Chance has recently completed 2 funding rounds: Debt on Mar 2, 2021, Debt on Apr 27, 2020.
What is the total amount of funding Fair Chance has raised to date?
Fair Chance has raised a total of $409K in funding to date.
How many funding rounds has Fair Chance completed?
Fair Chance has completed 2 funding rounds.
How much funding did Fair Chance raise in its most recent funding round?
Fair Chance raised $259K in its most recent funding round.
Who are the lead investors in Fair Chance's latest funding round?
The lead investor in Fair Chance'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 Fair Chance's history?
The largest funding round in Fair Chance's history was $259K.
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