Meals on Wheels of Durham Funding: How Much Did They Raise & Key Investors

How Much Did Meals on Wheels of Durham Raise?
Funding & Key Investors

Meals on Wheels of Durham has secured significant financial backing, with total funding reaching $150K. The organization recently closed a major strategic investment of $150K on April 10, 2020, marking a key moment in its operational history. This capital infusion is indicative of the organization's established presence and its critical role in community support services.

What is Meals on Wheels of Durham?

Meals on Wheels of Durham

Organizations

Non-Profit & Charitable Organizations

Meals on Wheels of Durham is a vital non-profit organization dedicated to improving the quality of life for homebound adults within the Durham community. For over 45 years, it has provided daily, nutritious meals and essential social contact through compassionate volunteers. The primary beneficiaries are seniors, individuals recovering from illness, and others unable to prepare their own meals, addressing both hunger and social isolation among the elderly population in Durham County.

How much funding has Meals on Wheels of Durham raised?

Meals on Wheels of Durham has raised a total of $150K across 1 funding round:

2020

Debt

$150K

Debt (2020): $150K with participation from PPP

Key Investors in Meals on Wheels of Durham

PPP

Public-Private Partnership

What's next for Meals on Wheels of Durham?

The recent strategic investment, part of a large-scale late-stage funding initiative, positions Meals on Wheels of Durham for enhanced service delivery and potential expansion of its reach. This capital will likely be directed towards strengthening operational infrastructure, increasing meal delivery capacity, and potentially broadening the scope of support services offered to vulnerable residents. The organization's sustained focus on combating senior hunger and isolation, coupled with this recent financial backing, suggests a trajectory of continued impact and community resilience.

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Frequently Asked Questions Regarding Meals on Wheels of Durham Financial Insights

What are the most recent funding rounds that Meals on Wheels of Durham has completed, and what were the funding rounds?

Meals on Wheels of Durham has recently completed 1 funding rounds: Debt on Apr 10, 2020.

What is the total amount of funding Meals on Wheels of Durham has raised to date?

Meals on Wheels of Durham has raised a total of $150K in funding to date.

How many funding rounds has Meals on Wheels of Durham completed?

Meals on Wheels of Durham has completed 1 funding rounds.

How much funding did Meals on Wheels of Durham raise in its most recent funding round?

Meals on Wheels of Durham raised $150K in its most recent funding round.

Who are the lead investors in Meals on Wheels of Durham's latest funding round?

The lead investor in Meals on Wheels of Durham's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.

Which was the largest funding round in Meals on Wheels of Durham's history?

The largest funding round in Meals on Wheels of Durham's history was $150K.

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