What is Terrific?
Founded in 1975, Terrific, Inc. operates as a specialized nonprofit entity headquartered in Takoma Park, MD. The organization is deeply integrated into the social infrastructure of the region, offering a comprehensive suite of services that includes housing assistance, case management, and food security initiatives. By addressing the complex biopsychosocial needs of vulnerable populations—specifically those navigating health challenges such as HIV—Terrific, Inc. serves as a vital safety net. Its market position is defined by decades of advocacy for universal access to affordable housing and the delivery of high-touch support services that mitigate systemic barriers to care.
How much funding has Terrific raised?
Terrific has raised a total of $597K across 1 funding round:
Debt
$597K
Debt (2021): $597K with participation from PPP
Key Investors in Terrific
PPP
Public-Private Partnership
What's next for Terrific?
The infusion of capital from this major strategic investment is expected to accelerate the organization's ability to scale its housing programs and enhance its case management infrastructure. As Terrific, Inc. moves forward, the focus will likely remain on optimizing service delivery models to meet the evolving demands of the Washington DC community. By leveraging this financial backing, the nonprofit is well-positioned to strengthen its advocacy efforts and expand its reach, ensuring that individuals facing significant life barriers receive the necessary resources to achieve stability and long-term health outcomes.
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