Oliver Garofalow's Colleagues at PSA Fund
Oliver Garofalow's Contact Details
California,United States
PSA Fund
Oliver Garofalow's Company Details
Pelton Supply, LLC d/b/a PSA Fund, is a cause-based consumer goods business, with the goal of ending student debt in America. PSA Fund raises awareness about student debt and 529 college savings plans among students and young families and empowers them to save money for higher education through a generous affiliate sales program. PSA Fund assists in opening 529 accounts for affiliate sellers and deposits commissions directly into their 529 accounts creating compound interest growth over time. When students are educated and prepared for the financial cost of college, we'll be able to make a generational shift in saving instead of borrowing!PSA Fund sells backpacks, bags, apparel and accessories. PSA Fund was founded in 2017 by an 11-year-old entrepreneur who discovered a problem and decided to tackle it head on. "I learned about how expensive college is and what student debt it. It sounded scary so I wanted to start a business to save for college. I also wanted a way that my friends could save for college too because I didn't want them to have to have student loan debt either." - Oliver Garofalow, Founder, PSA Fund.The name Pelton Supply was inspired by inventor of the Pelton Wheel, Lester Allan Pelton. Pelton's invention took an existing idea and made it 90% more efficient which resulted in the foundation of the hydro-electric power industry. Just like that concept, PSA Fund is utilizing existing tools, looking at them differently, and making them work more efficiently for us to solve a big problem.