What is Master Provisions?
Master Provisions operates as a vital food bank, committed to combating hunger across Kentucky, Ohio, and Indiana. By collaborating with over 225 nonprofit agencies, the organization distributes essential food and hygiene products, facilitating the provision of approximately 121,422 meals monthly to vulnerable populations including children, families, and seniors. Their operational model emphasizes community engagement through volunteerism, direct donations, and corporate partnerships, all aimed at fulfilling their mission with compassion and collaboration.
How much funding has Master Provisions raised?
Master Provisions has raised a total of $352K across 2 funding rounds:
Debt
$150K
Debt
$202K
Debt (2020): $150K with participation from PPP
Debt (2021): $202K led by PPP
Key Investors in Master Provisions
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Master Provisions?
The recent large-scale late-stage funding indicates a strategic pivot for Master Provisions, likely enabling significant expansion of its distribution network and operational capacity. This capital infusion is expected to bolster its efforts in reaching more individuals and families facing food insecurity, potentially through enhanced logistics, increased inventory, or broader outreach programs. The focus on strategic investment suggests a forward-looking approach to sustainability and impact in the communities it serves.
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