What is LARC Foundation?
LARC Foundation, established in 1959, is a non-profit organization dedicated to empowering individuals with developmental disabilities across Los Angeles County. The foundation offers a comprehensive suite of services designed to foster independence and personal development. These include a Day Training Activity Center focused on vocational skills, a Residential Program providing supportive housing, and an Adult Developmental Center delivering tailored programs. LARC Foundation plays a crucial role in building a supportive community and enhancing the quality of life for its residents and their families.
How much funding has LARC Foundation raised?
LARC Foundation has raised a total of $1.2M across 2 funding rounds:
Debt
$350K
Debt
$810K
Debt (2020): $350K with participation from PPP
Debt (2021): $810K led by PPP
Key Investors in LARC Foundation
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for LARC Foundation?
The recent major strategic investment indicates LARC Foundation's ongoing commitment to expanding its reach and enhancing its service offerings. This capital infusion is expected to support the foundation's long-term objectives, potentially involving program enhancements, facility upgrades, or the expansion of vocational training initiatives. As a mature organization with a deep-rooted history, LARC Foundation is well-positioned to leverage this financing for sustained growth and continued impact in serving individuals with developmental disabilities.
See full LARC Foundation company page
