2020 annual report
Meeting the Moment
Welcome to New Profit’s 2020 Annual Report microsite. To supplement our traditional printed annual report, we created this site to bring the voices of our network of social entrepreneurs, philanthropists, and staff more directly and dynamically to the fore. We hope you’ll take some time to review the site and get to know the breakthrough, proximate changemakers who are on the front lines of making America more equitable and true to its founding ideals.
If you would like to request a printed copy of the annual report, please email communications@newprofit.org.
Portfolio
This has been an extraordinary year for New Profit. In the midst of the pandemic, a national reckoning on racial equity, and other challenges, we increased our investments dramatically, focusing on supporting leaders of color and organizations driving systems change.
2020 Build Investment Announcements
In 2020, we made new investments in eight breakthrough organizations, 4.0 Schools, Beyond 12, CASEL, Equal Opportunity Schools, Pivot Learning, PushBlack, Saga Education, and Urban Alliance. View full investment announcements for each of these groundbreaking torganizations here.
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2020 Catalyze Investment Announcements
In 2020, made 28 new Catalyze investments across two new cohorts EdCatalyst (innovation in education) and PIE (Postsecondary Innovation for Equity). Click here to learn more about each of these cohorts and the breakthrough organizations within them.
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2020 Portfolio Exits
In 2020, we wrapped up and celebrated parterships with an extraordinary group of organizations that exited New Profit's Build portfolio after four+ years of investment, Acelero Learning, Innovate Public Schools, Leading Educators, and UnboundEd. Click here to learn about each of these breakthrough organizations.
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Systems Change Stories
Integrated with, and supplementing, our Portfolio approach is our focus on investing in innovative organizations, cohorts of organizations, and multi-stakeholder initiatives that can unlock transformative change in inequitable systems.
Dynamic engagement in the 2020 Election
In 2020, the work of the America Forward Coalition was critical to shaping the agenda for the incoming administration and Congress, helping our communities recover, and building systems that are more equitable.
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A Grand Challenge for innovation and equity
The unprecedented cross-sector, equity-focused effort aims to rapidly reskill 25,000 displaced workers into living-wage, higher-quality jobs in the next 24 months.
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Bridging the racial funding gap in philanthropy
This comprehensive, systems-change approach centers proximity as expertise and guides our work to advance racial and economic justice across our nation.
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Bringing Fortune 500 expertise to the social sector
A groundbreaking collaboration providing catalytic strategic support to help organizations scale impact the way that companies are able to scale products and services.
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