What is ForKids?
Established in 1988, ForKids operates as a nonprofit entity focused on achieving stability for children and families in Southeastern Virginia. The organization offers a comprehensive suite of services, including assistance with housing crises, shelter outreach, housing stability initiatives, economic mobility programs, and educational resources. ForKids' core mission is to lift families out of poverty and foster community transformation by ensuring access to stable housing. Their work is pivotal in breaking the cycle of poverty through direct intervention, community engagement, and advocacy.
How much funding has ForKids raised?
ForKids has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
What's next for ForKids?
The recent large-scale, late-stage funding infusion positions ForKids for significant expansion and enhanced program delivery. This strategic investment is expected to bolster their capacity to address the growing needs for housing assistance and economic mobility programs. The organization is likely to leverage this capital to scale its operations, potentially reaching more families and communities, and deepening its impact in the fight against poverty. Future initiatives may focus on further developing innovative solutions for housing stability and economic empowerment, solidifying ForKids' position as a leader in community development and social impact.
See full ForKids company page