Startup Fortune, Chicago, September 29, 2020: Share Our Spare is the latest recipient of a $5,000 grant from SBB Research Group, a Chicago-area investment firm that awards monthly grants to support impactful organizations during the pandemic.
Serving the Greater Chicago area, Share Our Spare collects and distributes essential baby items to families living in poverty, helping their children thrive early in life. Through its network of dozens of agency partners and corporate sponsors, Share Our Spare provides over 25,000 children with much-needed items such as diapers, wipes, formula, clothing, toys and other critical supplies. Since its founding in 2011, Share Our Spare has become a vital resource for new parents and their children.
Alex Goodfellow, Executive Director of Share Our Spare, said they are “grateful to be chosen by SBB Research Group for their generous monthly COVID-19 grant program” and the funds will help “ensure every child has the essentials they need to thrive in the first five years of life.”
In particular, Share Our Spare is combating an unmet diaper need that affects one in three children in Chicago, and the urgency of this issue has only increased with the economic uncertainty from COVID-19. This year, Share Our Spare has distributed over 500,000 diapers to local families in need.
Matt Aven, SBB Research Group’s COO and a father of two, said he cannot imagine how difficult it would be to take care of young children without the essential supplies like diapers and wipes. “Share Our Spare has a tangible and immediate impact on the families they serve,” said Aven. “We are honored to contribute to their efforts.”
For more information about Share Our Spare, please visit shareourspare.org/mission/
To apply for a grant from SBB Research Group, please visit sbbrg.org/apply-for-grant. Any 501(c)(3) non-profit organization is encouraged to apply and grants are awarded to different organizations every month.
About SBB Research Group
SBB Research Group is a Chicago-based investment management firm that views the market through a systematic, interdisciplinary lens. Led by applied mathematician Sam Barnett, PhD, and Matt Aven, an experienced professional in economics and computer science, the company specializes in bespoke investments designed to protect and grow investor capital.
Contact: Katie Lach
Organization: SBB Research Group
Address: 450 Skokie Blvd, Building 600, Northbrook, IL 60062 United States