Our annual crowdfunding challenge is back. The 2023 Rocket Companies Community Challenge has officially begun!
Each year, Rocket Companies team members nominate hundreds of nonprofits across the country for the Community Challenge. This is a unique opportunity for our team members to support the causes they care about, including raising awareness for grassroots nonprofits organizations. The Community Challenge is different from our other investments because team members, their friends and families are driving the impact. The nomination period is open only to Rocket Companies team members, and once the nonprofits are invited to join, anyone can donate, fundraise, or spread awareness. During the Community Challenge, participating organizations are able to join weekly bonus challenges where they can win extra cash prizes from the Rocket Community Fund in addition to whatever funds they raise. The best part is that the “Challengers” as the organizations are called, are able to raise awareness in new donor circles, thanks to social sharing and word-of-mouth. Learn more about how nonprofits are supported in the video, below.
Since we began the Community Challenge in 2016, our team members, their friends and families have raised over $8M for participating nonprofits.
For the past two years, team members have broken nomination records, and this year, they’ve done it again: a whopping 184 nonprofits are participating in the Community Challenge. We’re excited to see how our team members and their families will step up to support the Challenge this year.