What is SHAR?
The SHAR Alumni Association, established in 1999, operates as a vital component of the SHAR Foundation. Its core mission is to perpetuate, assist, and improve the programs of SHAR, Inc., focusing on the therapy, rehabilitation, and societal re-entry of clients. The association actively engages in public relations, supplemental fundraising, recruitment of program graduates for membership, and fostering mutual support among its members to ensure ongoing sobriety and relapse prevention. This structure indicates a mature organization with a deep commitment to its beneficiaries and a robust support network.
How much funding has SHAR raised?
SHAR has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
Key Investors in SHAR
PPP
Public-Private Partnership
What's next for SHAR?
With a significant capital infusion, SHAR is poised for expanded operational capacity and enhanced program delivery. The large-scale, late-stage funding suggests a strategic focus on scaling its rehabilitation and support services, potentially reaching a broader demographic or deepening its impact within existing programs. Future initiatives will likely involve strengthening its alumni network, increasing fundraising efforts, and further solidifying its role in assisting clients' sustained re-entry into society. The strategic investment signals confidence from backers in SHAR's long-term viability and its critical social mission.
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