Dave's Quarter-Million Donation Powers Baby2Baby's Record-Breaking Fundraising Night

When Dave Inc. cut a $250,000 check for Baby2Baby, it wasn’t just another corporate donation—it was a statement about where priorities lie. The neobank’s contribution helped fuel an unprecedented $18.5 million haul at Baby2Baby’s 2025 Gala, marking the nonprofit’s most successful fundraising event to date.

The numbers paint a stark picture of need across America. One in two families in the U.S. struggle to afford diapers for their children. Baby2Baby responds to this crisis daily, having distributed over 500 million essential items across all 50 states since its founding 14 years ago. The organization doesn’t just sit on the sidelines either—it mobilizes when disasters strike, having responded to over 100 emergencies including fires, floods, and hurricanes.

For Dave Inc., this $250,000 contribution extends a broader pattern of community investment. The fintech company has now contributed nearly $22 million throughout its lifetime, reflecting what CEO Jason Wilk describes as a commitment to economic stability for everyday Americans. “Millions of families across the country are facing the challenge of meeting their most basic needs,” Wilk noted. “Baby2Baby is an incredible organization that delivers tangible, immediate support to children and parents who need it most.”

What makes Baby2Baby’s model stand out is its scale and efficiency. The organization reaches over one million children annually with clothing, formula, diapers, and essentials—touching kids in homeless shelters, foster care systems, hospitals, and school districts. During economic uncertainty and crises, these resources become lifelines.

Baby2Baby Co-CEOs Kelly Sawyer Patricof and Norah Weinstein underscored the urgency: “Partners like Dave allow us to continue reaching over one million children across the country who are relying on Baby2Baby to provide the basic essentials they need and deserve.” The organization’s impact has earned recognition as the #1 nonprofit on Fast Company’s World’s Most Innovative Companies list and praise from TIME Magazine as one of the most influential companies of 2023.

Dave’s involvement reflects a growing trend of fintech companies stepping up philanthropically. By backing organizations like Baby2Baby, companies demonstrate that financial innovation can serve not just profit margins, but human wellbeing. The $18.5 million raised at the gala signals that private sector support, combined with nonprofit expertise, can create measurable change for the millions of American families navigating economic hardship.