What is Prosperity Now?
Prosperity Now is a mission-driven organization dedicated to fostering financial security and wealth-building opportunities, particularly for underserved communities, including people of color and low-income individuals. Since its inception in 1979, the company has impacted millions by providing a comprehensive suite of practical solutions, rigorous research, and effective strategies. Recognizing the profound impact of the racial wealth divide, Prosperity Now actively works to empower organizations of color and other entities with the necessary capacity, tools, and cultural competence to dismantle systemic barriers that hinder financial prosperity for families of color.
How much funding has Prosperity Now raised?
Prosperity Now has raised a total of $2.5M across 2 funding rounds:
Debt
$1M
Debt
$1.5M
Debt (2020): $1M with participation from PPP
Debt (2021): $1.5M led by PPP
Key Investors in Prosperity Now
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Prosperity Now?
The recent major strategic investment positions Prosperity Now for accelerated expansion and enhanced impact. This capital infusion is expected to fuel the scaling of its proven wealth-building initiatives and deepen its reach into communities most affected by economic disparities. Future endeavors will likely focus on leveraging this financial backing to further develop innovative solutions, expand strategic partnerships, and advocate for policy changes that promote equitable financial futures. The company's commitment to addressing the racial wealth divide remains central to its forward-looking strategy.
See full Prosperity Now company page
