Fund and Build
We stand shoulder-to-shoulder with social entrepreneurs in support of their vision, with a specific focus on helping them build the capacity of their organizations, which is key to strengthening their long-term impact and sustainability. We provide two levels of funding and strategic support to organizations in our portfolio: “Build Investments” and “Catalyze Investments.” Learn more below.
With New Profit, there is an intentional leaning in and investment in what we are trying to accomplish as an organization. It is rare to find those donors who are willing to not only write you a check but to actually be a thought partner in your work.
Other Visionary Leaders
Through our Build Investments, we provide grantee-partners a $1M+ multi-year, unrestricted grant and deep advisory support. A dedicated New Profit Deal Partner serves as a trusted advisor to the social entrepreneur and as a member of the organization’s board of directors. Our support is geared towards building the leadership capacity of social entrepreneurs and their ability to make strategic choices as they navigate change and growth.
Build Investment Priorities
Though our Catalyze Investments, we provide $50K-$100K unrestricted grants, strategic advice, and a peer learning community over one to two years to catalyze the innovations of organizations with leaders and focus areas that have been historically underinvested in by philanthropy.
The social sector underinvests in organizations working in certain issue areas that are critical to driving equity and opportunity in America, such as civic engagement and criminal justice. This is especially acute for organizations led by leaders who have personal experience with these issues, such as formerly incarcerated entrepreneurs. Irrespective of background or issue area focus, all social entrepreneurs need certain supports in order to succeed: unrestricted funding, peer communities, funding networks, and roadmaps for growth and sustainability. However, for leaders working in underinvested areas, these are even more challenging to access. Our Catalyze Investments equip social entrepreneurs leading innovative work in underinvested areas with the tools and relationships to accelerate their path to success.
New Profit provides Catalyze Investments to cohorts of organizations with underinvested leaders and focus areas. Our cohort model enables the social entrepreneurs to form a peer learning community, which offers an opportunity for them to connect, give advice and support to each other, and participate in a series of in-person and virtual convenings structured around tackling key leadership and organizational challenges they face in order to deepen their impact and scale their models.
The systems theory of change work we did with New Profit was transformational. Without it, we would only be delivering a great program but not impacting the systemic issues facing our democracy. Thanks to New Profit’s Catalyze Investment, we have a real focus and vision for the next phase of our organization.