What is MARE?
Massachusetts Adoption Resource Exchange (MARE) is a private nonprofit organization dedicated to connecting children and teens in foster care with permanent families in Massachusetts. They provide essential resources and support for prospective adoptive parents, social workers, and community members, aiming to find suitable homes for youth in need. MARE champions inclusivity, encouraging individuals from all backgrounds to consider adoption and ensuring every child has the opportunity to grow up in a loving and stable family environment.
How much funding has MARE raised?
MARE has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in MARE
PPP
Public-Private Partnership
What's next for MARE?
With its large-scale, late-stage funding context, MARE is positioned for sustained operational capacity and potential expansion of its support services. The recent strategic investment suggests a focus on strengthening its infrastructure and outreach programs. Future initiatives will likely involve enhancing its network of foster families and continuing its crucial work in child welfare, leveraging this financial infusion to further its mission of finding permanent homes for vulnerable youth.
See full MARE company page
