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The Cares Project
AddedFeb 19, 2024
UpdatedJun 18, 2026
The Cares Project

The Cares Project

Operating

CARes Project: Community-funded vehicle loans and financial skill-building provider.

Founded
2016
Location
Winston-Salem, NC, US
Overview
Compare
Employees
Website

The CARes Project, Inc. is a nonprofit social enterprise founded with the mission to promote financial independence through community-funded vehicle loans and financial skill-building. Certified as a Community Development Financial Institution by the U.S. Treasury, the organization serves low and moderate-income, credit-challenged working adults in Forsyth, Davie, and Davidson counties. Their core services include providing low-interest vehicle loans and offering financial and credit coaching to help individuals achieve economic stability.

As a United Way Agency Partner, The CARes Project has garnered support from notable community organizations and investors dedicated to social impact. The organization has achieved significant milestones, including helping numerous individuals secure reliable transportation for work and education, thereby enhancing their financial independence. Their impactful work has contributed to the economic empowerment of underserved communities, demonstrating a sustainable model for social enterprise and community development.

The Cares Project - Similar Organizations

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Founders First CDC logo

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The Cares Project - Quick Facts

What organizations are similar to The Cares Project?

Organizations similar to The Cares Project include Opportunity Fund, SEA Change, Innovation Fund America and Ounce of Care.

When was The Cares Project founded?

The Cares Project was founded in 2016.

Where is The Cares Project's headquarters located?

The Cares Project's headquarters is located in Winston-Salem, NC, US.

When was The Cares Project's last funding round?

The Cares Project's most recent funding round was for $500k (USD) in April 2023.

How much has The Cares Project raised to-date?

As of Apr 10, 2023, The Cares Project has raised a total of $500k (USD).

How many employees does The Cares Project have?

The Cares Project has 8 employees as of Feb 4, 2024.

The Cares Project - Classification

Ownership
  • Non-profit
Geographic Exposure
  • United States
Main Product
  • Financial Services
  • Loans
Tags
  • Financial
  • Non-profit