Giving Thanks for Your ‘Capital for the Community’ Support

By
Trieste Reading
December 20, 2023
3 minutes
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Thank you to everyone who participated in our first ever ‘Capital for the Community’ giveback campaign where your investments had triple the impact! Together we:

  1. Completed 133 investments for our future
  2. Supported amazing companies with $309,503 in investment dollars
  3. Contributed to the $4,390 that will be donated to Covenant House

This year has been a challenging one for many and so as we approach 2024, we wanted to express our sincerest gratitude to our community. Thank you to all our investors. Thank you to our entrepreneurs. Thank you to our ecosystem partners. Thank you to the general community for supporting what we do. And thank you to everyone who participated in our ‘Capital for the Community’ initiative between December 1st to 15th. Together we made a big difference!

Making our donation to Covenant House

With offices in both Vancouver and Toronto, we wanted to support both Covenant House Vancouver and Covenant House Toronto for the amazing work they are doing across this country. Covenant House Vancouver is currently running a triple matching campaign thanks to the generosity of Kim and Bryan James. This means that our donation of $2,195 resulted in $6,585 to support youth experiencing homelessness in the city.

For our donation to Covenant House Toronto, we will be working with Kits for a Cause to provide kits of tangible products that these youth experiencing homelessness need. For example, a Winter Warmth Kit includes gloves or mittens, thermal socks, polar fleece blanket and an emergency blanket, warm winter hat or toque, fleece scarf, lip balm, body lotion, and a sleeping bag. We will be working with both organizations to provide them with the types of kits and supplies they need. We have also heard from Covenant House that they often need more supplies in January once the holiday season has passed and the winter season really starts in Ontario. Our team will be getting together on January 24th to pack all of these kits as a group and to donate them to Covenant House Toronto.

With your support this year, we have collectively been able to provide $8,780 in impact enabling Covenant House to:

  • Provide warm and nutritious meals
  • Provide holistic support and a safe space
  • Offer medical attention and support
  • Provide warmth and protection from extreme cold weather
  • And much more

We’ll update this post in January to share how the kit packing went with our team in Toronto.

About ‘Capital for the Community’

From December 1st to December 15th, FrontFundr ran a campaign for the 15 Days of Christmas were made a donation for 2% of the value of all investments made in our eligible community campaigns. As an example, for every $1,000 invested in eligible companies on our platform, FrontFundr made a $20 donation to Covenant House. This means that 100% of your investment went towards shares in a company, and that an additional 2% was donated by FrontFundr to a great non-profit organization. To read more about the initiative, you can visit our Terms & Conditions page or our blog post announcing the launch of the campaign.

Image and source provided by Covenant House Vancouver

About Covenant House

As many as 40,000 young people experience homelessness in Canada every year. Covenant House is committed to serve all youth with relentless support, absolute respect, and unconditional love; to help youth experiencing homelessness; and to protect and safeguard all youth in need. They have over 25 years of experience supporting youth experiencing homelessness in an inclusive and respectful environment..

About Kits for Cause

Kits for a Cause is an organization that helps connect charities across North America with groups and individuals who are looking to get involved, give back and make an impact. Whether you’re looking to support a local school or help at-risk groups prepare for colder weather with essential supplies, Kits for a Cause is here to help.

Thanks again for all your continued support in 2023. We look forward to seeing you in 2024!

Wishing you and your family, a Happy Holidays from your friends at FrontFundr!

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Trieste Reading