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GARY COMMUNITY VENTURES

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Featured Perspective

May 7, 2024

Why We Invested in ResilienceVC

By Nicolle Richards & Catherine Toner

At Gary Community Ventures, we invest in fund managers and entrepreneurs with innovations positioned to scale in the areas we care most about.

Within our Family Economic Mobility outcome area, we’ve put an emphasis on funding and scaling strategies that stand to change families’ financial health–by increasing income, decreasing expenses, and building wealth. ResilienceVC is a venture firm working to accomplish all three aims by investing in early-stage embedded finch startups.

One of Resilience’s first investments was in EarlyBird, a company making early investing accessible to more families and their kids. We are currently working to bring the product’s impact to families in Colorado by designing a pilot to bring the company’s custodial investment account product to Coloradans and fund those accounts, allow our state’s children to begin generating net worth at birth.

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MyFriendBen is a fast, simple, and anonymous way to connect to public benefits in just six minutes. Learn more about this Colorado program making a difference.

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What if we looked beyond measuring problems associated with youth mental health? What if we spoke about youth as they see themselves — whole and capable? This shift could transform how we provide services, funding, programs & policies.

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Might taking a strengths-based approach with young people — one that reaches them early — prevent poor mental health outcomes before they rise to the level of crisis, giving our youth more opportunities to thrive in the process?

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ResilienceVC sees the crisis of increasing financial vulnerability among Americans as an unserved market and therefore a market opportunity.

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Starting Spring 2025, Colorado’s lower-income families could receive an average of $2,500 per year under a state-level child tax credit.

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House Bill 24-1311 would create the “Family Affordability Tax Credit,” which would be available only in years when the state has enough surplus tax revenue.

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House Bill 24-1311, also known as the Family Affordability Tax Credit, is begin considered by Colorado lawmakers in the 2024 legislative session.

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We have tools proven to help families but they can be difficult to access.

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There is an indelible resilience and persistence that Black women have despite our complex history with America.

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Con hasta 15 horas a la semana de preescolar gratuito para cada niño el año antes de ingresar al jardín de infantes, el Programa Preescolar Universal de Colorado es una de las mejores maneras para que las familias preparen a sus hijos para una vida de éxito, hoy.

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With up to 15 hours a week of free preschool provided to every child the year before they enter kindergarten, Colorado’s Universal Preschool Program is one of the best ways for families to set their children up for a lifetime of success, today.

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Denver-area nonprofits on Thursday launched a new effort aimed at filling the gaps in the state’s ongoing worker shortage.

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Case Studies for Impact

As we listen with humility to our community, partners, and each other,  we learn together to drive action that guarantees School Readiness, drives Youth Success, and stimulates Family Economic Mobility. Whether we’re leveraging impact investments, grants, new ventures or Policy and advocacy, we dare to be bold, working urgently with our community and partners to deliver a future where all Colorado kids can grow up healthy and reach their full potential.

Learn more about the breakthrough solutions below that are reshaping the arc of opportunity for kids and families in Colorado.

Rear View Of Family Standing Outside New Home On Moving Day Looking At House

COVID-19 Eviction Defense Project

Outcome Area:
Family Economic Mobility
Approach: Grantmaking

Preventing mass evictions and homelessness during and after the pandemic.

beautiful happy boy with painted hands

Colorado Emergency Childcare Collaborative

Outcome Area: School Readiness
Approach: New Ventures

Providing free childcare to essential workers during the pandemic.

Yes on Amendment B Ballot Measure

Outcome Area:
Family Economic Mobility
Approach:
Policy & Advocacy

Protecting teachers, first responders and small businesses during the pandemic.

The RISE Fund

Outcome Area: Youth Success
Approach: Grantmaking

Helping academic institutions rebound from the COVID crisis and create equitable innovations to improve student learning.

COVIDCheck Colorado

Outcome Areas:
School Readiness & Youth Success
Approach: New Ventures

Creating safe schools for students, teachers and staff during the pandemic.

YES on Proposition EE Ballot Measure

Outcome Area: School Readiness
Approach: Policy & Advocacy

Building a coalition to expand free preschool to every 4-year-old.

Female Owner Of Start Up Coffee Shop Or Restaurant Turning Round Open Sign On Door

Apis & Heritage Capital Partners Fund

Outcome Area:
Family Economic Mobility
Approach: Impact Investing

Helping workers of color own their own futures.

Urban Land Conservancy

Outcome Area:
Family Economic Mobility
Approach: New Ventures

Leveraging valuable real estate to create equitable communities in Colorado.

Denver Preschool Program

Outcome Area: School Readiness
Approach
: Policy & Advocacy

Pioneering childhood education in Colorado.

Learn Start II

Outcome Area: School Readiness
Approach: Impact Investing

Creating the largest, most detailed pipeline of global education technology companies.

Tax Help & Get Ahead Colorado

Outcome Area: Family Economic Mobility
Approach: New Ventures

Increasing access to free tax preparation services and tax credits for families.

Discover New Possibilities

Together, we will create the change our community wants to see. Whether you want to discover more about our ventures, or connect with a member of our team, we want to hear from you.