Our Story

Today, New Profit is at the center of a network of fearless innovators from across sectors who are rewriting the rules of social problem solving.

March 2015: Our most successful Gathering of Leaders ever brought together hundreds of leading social innovators from different sectors for dialogue and collaboration on the future of social problem solving.

February 2015: We introduced our “Focus Funds,” which involve partnering with social entrepreneurs, funders, policy advocates and others to co-create and align efforts to achieve systemic change.

Grammy-winner and education advocate John Legend plays at the launch of New Profit’s Reimagine Learning Fund at Mercedes-Benz Fashion Week in February 2015.

President Barack Obama signs the Workforce Innovation and Opportunity Act (WIOA) in July 2014.

2012 – The Monitor Group, our original strategic partner, is purchased by Deloitte, adding huge new resources and expertise to our efforts to support high-impact organizations.

2012 – New Investments: Acelero Learning, AVANCE, First Place for Youth, Peace First, The Mission Continues

2010 – New Investments: Family Independence Initiative, New Teacher Center, Turnaround for Children.

2009 – President Obama signs the bipartisan Edward M. Kennedy Serve America Act to expand national service programs. America Forward plays a lead role in shaping and advocating for passage of the bill.

2007 – New Investments: Health Leads, LIFT, Achievement First (completed), Girls for a Change (completed)

2007 – America Forward is created, based on ideas surfaced by political strategist David Gergen at the 2005 Gathering of Leaders.

1999- 2005 – New Investments: Kickstart (completed), Right To Play (completed), BELL (completed), Citizen Schools (completed), Computers for Youth (completed) Freelancers Union (completed), Jumpstart (completed), Kids Voting USA (completed)

Founder and CEO Vanessa Kirsch's back of the napkin drawing of New Profit's initial model.

The vision for New Profit began with a question—what prevents social entrepreneurs from scaling their innovations at the same pace and quality as Coca-Cola? Vanessa Kirsch faced this paradox and turned it into a source of inspiration when she spent a year interviewing social entrepreneurs across 22 countries in 1995.

Former Deputy Secretary of Education Jim Shelton and Beyond 12 Founder & CEO Alex Bernadotte discuss race and the social innovation sector at the 2015 Gathering of Leaders.

November 2014: New Profit and Deloitte recommit to our groundbreaking collaboration.

July 2014: America Forward helped drive the passage of the Workforce Innovation and Opportunity Act (WIOA), which provides funding for social innovation through its landmark Pay for Success and other provisions.

January 2014: New Profit is a founding investor in the Massachusetts Juvenile Justice Pay for Success Initiative, a cross-sector Pay for Success program to help at-risk young men escape the incarceration cycle.

2013 – New Investments: Educators 4 Excellence, Eye2Eye, FoodCorps, New Classrooms, ANet

2011 – New Investments: College Advising Corps, College Possible, Single Stop, Youthbuild USA

2010 – New Profit’s Pathways Fund is chosen for the first cohort of grantees of the Corporation for National and Community Service’s new Social Innovation Fund.

2009 – President Obama launches the White House Office of Social Innovation and Social Innovation Fund, landmark initiatives that New Profit and America Forward were instrumental in supporting.

2009 – New Investment: iMentor

2008 – New Investments: Stand for Children (completed), Teach For All (completed), BUILD (completed)

2006 – New Investments: KIPP, MLT, Rare (completed), Upwardly Global (completed)

2006 – A new phase for New Profit: Expanding investing and adding new tools to drive large-scale change, including policy advocacy and cross-sector convening at the Gathering of Leaders.

1999 – Our first phase: During our early years, we partnered with visionary philanthropists and The Monitor Group to provide unrestricted, multi-year growth capital and strategic support to a small portfolio of innovative social entrepreneurs.

Vanessa began to imagine a world where all social entrepreneurs had access to the right combination of financial and strategic resources to spread their innovative solutions to social problems to the people who needed them the most.

In Vietnam, Vanessa witnessed large disparities amongst villages in close proximity to one another. While one village discovered that by adding the small shrimp to meals, children became healthier, the other villages along the river who had access to these same shrimp lacked knowledge of a simple and inexpensive dietary innovation that could improve their children’s health; however, each village had an ample supply of Coca-Cola.

Today, New Profit is at the center of a network of fearless innovators from across sectors who are rewriting the rules of social problem solving.

March 2015: Our most successful Gathering of Leaders ever brought together hundreds of leading social innovators from different sectors for dialogue and collaboration on the future of social problem solving.

Former Deputy Secretary of Education Jim Shelton and Beyond 12 Founder & CEO Alex Bernadotte discuss race and the social innovation sector at the 2015 Gathering of Leaders.

February 2015: We introduced our “Focus Funds,” which involve partnering with social entrepreneurs, funders, policy advocates and others to co-create and align efforts to achieve systemic change.

Grammy-winner and education advocate John Legend plays at the launch of New Profit’s Reimagine Learning Fund at Mercedes-Benz Fashion Week in February 2015.

November 2014: New Profit and Deloitte recommit to our groundbreaking collaboration.

July 2014: America Forward helped drive the passage of the Workforce Innovation and Opportunity Act (WIOA), which provides funding for social innovation through its landmark Pay for Success and other provisions.

President Barack Obama signs the Workforce Innovation and Opportunity Act (WIOA) in July 2014.

January 2014: New Profit is a founding investor in the Massachusetts Juvenile Justice Pay for Success Initiative, a cross-sector Pay for Success program to help at-risk young men escape the incarceration cycle.

2012 – The Monitor Group, our original strategic partner, is purchased by Deloitte, adding huge new resources and expertise to our efforts to support high-impact organizations.

2013 – New Investments: Educators 4 Excellence, Eye2Eye, FoodCorps, New Classrooms, ANet

2012 – New Investments: Acelero Learning, AVANCE, First Place for Youth, Peace First, The Mission Continues

2011 – New Investments: College Advising Corps, College Possible, Single Stop, Youthbuild USA

2010 – New Investments: Family Independence Initiative, New Teacher Center, Turnaround for Children.

2010 – New Profit’s Pathways Fund is chosen for the first cohort of grantees of the Corporation for National and Community Service’s new Social Innovation Fund.

2009 – President Obama signs the bipartisan Edward M. Kennedy Serve America Act to expand national service programs. America Forward plays a lead role in shaping and advocating for passage of the bill.

2009 – President Obama launches the White House Office of Social Innovation and Social Innovation Fund, landmark initiatives that New Profit and America Forward were instrumental in supporting.

2007 – New Investments: Health Leads, LIFT, Achievement First (completed), Girls for a Change (completed)

2009 – New Investment: iMentor

2008 – New Investments: Stand for Children (completed), Teach For All (completed), BUILD (completed)

2007 – America Forward is created, based on ideas surfaced by political strategist David Gergen at the 2005 Gathering of Leaders.

2006 – New Investments: KIPP, MLT, Rare (completed), Upwardly Global (completed)

2006 – A new phase for New Profit: Expanding investing and adding new tools to drive large-scale change, including policy advocacy and cross-sector convening at the Gathering of Leaders.

1999- 2005 – New Investments: Kickstart (completed), Right To Play (completed), BELL (completed), Citizen Schools (completed), Computers for Youth (completed) Freelancers Union (completed), Jumpstart (completed), Kids Voting USA (completed)

1999 – Our first phase: During our early years, we partnered with visionary philanthropists and The Monitor Group to provide unrestricted, multi-year growth capital and strategic support to a small portfolio of innovative social entrepreneurs.

Founder and CEO Vanessa Kirsch's back of the napkin drawing of New Profit's initial model.

Vanessa began to imagine a world where all social entrepreneurs had access to the right combination of financial and strategic resources to spread their innovative solutions to social problems to the people who needed them the most.

In Vietnam, Vanessa witnessed large disparities amongst villages in close proximity to one another. While one village discovered that by adding the small shrimp to meals, children became healthier, the other villages along the river who had access to these same shrimp lacked knowledge of a simple and inexpensive dietary innovation that could improve their children’s health; however, each village had an ample supply of Coca-Cola.

The vision for New Profit began with a question—what prevents social entrepreneurs from scaling their innovations at the same pace and quality as Coca-Cola? Vanessa Kirsch faced this paradox and turned it into a source of inspiration when she spent a year interviewing social entrepreneurs across 22 countries in 1995.