What is MakingChange?
MakingChange is a Howard County-based nonprofit organization dedicated to enhancing financial wellness within the community. The organization provides comprehensive services including free one-on-one financial counseling, personalized financial education workshops, housing counseling, and complimentary tax preparation assistance for low-income individuals earning $67,000 or less annually. Their mission is to equip individuals and businesses with the knowledge and resources necessary to achieve their financial goals and foster economic stability.
How much funding has MakingChange raised?
MakingChange has raised a total of $26K across 1 funding round:
Debt
$26K
Debt (2021): $26K with participation from PPP
What's next for MakingChange?
With the recent substantial expansion capital, MakingChange is poised for significant growth. The company's strategic focus will likely involve expanding its service offerings, increasing the frequency and reach of its financial education workshops, and potentially enhancing its technological infrastructure to support a larger client base. This investment, occurring at what appears to be a significant Series B/C stage, suggests a strong validation of their impact and a clear path toward greater community financial empowerment.
See full MakingChange company page
