December 2, 2019 - PYT Funds

December 2, 2019 Report

 

Fundraising: Currently raising Team Members: 5
Date Founded: January, 2015 Shareholders: 5
   

We make a college education affordable for the under-supported student.

We are a Qualified Small Business under Section 1244


 

Strategic Asks


  • Giving Tuesday is tomorrow, December 3rd, and we hope select Pay Your Tuition Funds this year. When you give to PYT Funds, your donation will lift up some of the most deserving, creative students we have been working with all year. Your donation could help a young person graduate college! Give the gift of tuition. Receive a tax deduction. We’ll match you with a student in need. Funds from this pool are used to originate micro-loans and need-based scholarships. To donate, click here

Sales and Marketing


  • We are gaining momentum across all metrics. Most importantly, we recently submitted a proposal to work with a key partner in Arkansas next year. We are waiting for feedback and next steps but we hope to share more soon. 

Operations


  • November was awesome but intense. While many things are tracking well, we are still facing some challenges. We are making progress on our new CDFI application and we hope to submit it by end of year. 

  • We were notified that our application to TechStars has advanced to the next round! We will share more in December

Team


  • Thank you to everyone on the team for their hard work this month. We hope you all had a happy Thanksgiving!