Through Impact Club, as Impact Venture Capitalists, we invest heavily in local charities that demonstrate a powerful “Story Engine,” and, have proven their willingness to fight for their cause – by competing in and winning, a high-stakes competition. As a result, Impact Club, through Impact Venture Capitalism, has dramatically multiplied the Impact that a single person can have on charities in their local community.
Every year, millions of newborn babies across the Nation are screened for rare inherited metabolic disorders shortly after birth. If not detected early, these conditions can cause sudden death or irreversible brain damage. Stephen Monaco suffered severe brain damage at age 3 1⁄2, because his disorder, isovaleric acidemia (IVA), was not included on the panel of screenable disorders at the time of his birth. Our charity was created three years ago to honor Stephen and to support this program that provides diagnostic testing, evaluation and management for patients with inborn errors of metabolism.
Northern Virginia Family Service (NVFS) provides on-ramps to opportunity, teaches and bolsters skills to foster prosperity, and believes that every family, child and individual should be given the opportunity to reach their full potential. The needs of Northern Virginia are great, and they are oftentimes hidden. 85,000 children in Northern Virginia live in poverty and 1 out of every 15 people is at risk of hunger. Each year, NVFS serves more approximately 10,000 individuals in the Greater Prince William Area through a variety of programs, including health and hunger, workforce development and housing and homelessness.
Launched in late 2017, Cold Capital Fund provides financial assistance to DC/MD/VA chemotherapy patients who want to prevent hair loss using scalp cooling/cold caps but cannot afford it. Hair loss is the most devastating side effect of chemotherapy. Nearly 10% of cancer patients will opt out of treatment because of it and over 50% of cancer patients consider hair loss the most traumatic aspect of chemotherapy. Now FDA- cleared, scalp cooling works. Our goal is to give those patients the choice to try and prevent hair loss regardless of their ability to afford it.