ForKids Funding: How Much Did They Raise & Key Investors

How Much Did ForKids Raise?
Funding & Key Investors

ForKids, a nonprofit organization dedicated to achieving stability for children and families in Southeastern Virginia, has secured significant backing, with total funding reaching $350K. The organization recently received a major strategic investment of $350K on April 7, 2020. This capital infusion underscores ForKids' critical role in addressing housing instability and poverty within the region.

What is ForKids?

ForKids

Organizations

Non-Profit & Charitable Organizations

Established in 1988, ForKids provides comprehensive, individualized services aimed at lifting families out of poverty and fostering community transformation. Their extensive offerings include critical housing crisis assistance, shelter outreach, housing stability initiatives, economic mobility programs, and vital educational resources. The organization's core mission revolves around ensuring every family has a stable home, thereby breaking the cycle of poverty through dedicated community involvement and advocacy.

How much funding has ForKids raised?

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

2020

Debt

$350K

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

What's next for ForKids?

The recent strategic investment positions ForKids for enhanced operational capacity and expanded program reach, aligning with its 'large-scale late-stage funding' context. This financial backing is expected to bolster initiatives focused on long-term family stability and economic empowerment. Future efforts will likely concentrate on scaling successful programs, deepening community partnerships, and advocating for systemic changes to address the root causes of poverty and homelessness in Southeastern Virginia.

See full ForKids company page

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