We are pleased to announce that Centro Community Partners has been chosen as one of the recipients of the PayPal Community Impact Grant, which will provide generous support of $20,000. This grant acknowledges our organization's hard work and dedication to supporting entrepreneurs and underserved communities.
About the PayPal Community Impact Grants Program
The PayPal Community Impact Grant Program is a collaborative initiative where PayPal employees vote to decide which local nonprofits will receive support. Our organization has been chosen to receive one of these grants this year following a selection process that took place from August 2023 to July 2024. These grants aim to form partnerships that increase economic opportunities and transform commerce in communities around the globe.
Benefits
As part of this program, Centro will have access to a number of valuable resources provided by PayPal, including:
A $20,000 Community Impact Grant: These funds will be used to strengthen our initiatives and programs that seek to empower underserved entrepreneurs in the SF Bay Area.
Dedicated PayPal Relationship Manager: A direct contact at PayPal to ensure we get the most out of this collaboration.
Access to PayPal’s Volunteer Employees: PayPal professionals who will volunteer their time and skills to support our activities.
PayPal Donation Fund: Available in markets where applicable, this fund will expand our reach and impact in the community.
Impact of Collaboration with PayPal
This partnership represents not only financial support, but also an opportunity for deep collaboration with the PayPay community. PayPal is dedicated to establishing close relationships with its nonprofit partners, leveraging not only financial resources, but also the talent and expertise of its employees to amplify social impact.
At Centro, we are excited to leverage these resources to continue developing our ability to support and contribute to our community of entrepreneurs. With the support from PayPal, we will expand our programs and services, offering critical support to underserved entrepreneurs to help them start or grow small businesses and achieve financial independence.
Founder & Chief Executive Officer
"Working with local partners like PayPal is critical to help us strengthen our community of entrepreneurs to thrive and build economic freedom”
We want to express our deepest gratitude to PayPal's employees for selecting us for this prestigious grant. Their support is a testament to our organization's positive impact on the community and motivates us to continue working hard to provide equal access to economic opportunity.