Richard Barth, CEO, KIPP Foundation
What does it take for a high-potential nonprofit organization to break through? Richard Barth, CEO of KIPP, shares his story of how New Profit helped catalyze KIPP to its next stage of impact by offering a unique combination of unrestricted growth capital, leadership coaching, expert strategic advice, and deep engagement in a cross-sector network of social impact leaders.
In 1994, KIPP (Knowledge is Power Program) launched two tuition-free, public charter middle schools in New York City and Houston centered on high expectations, character, and highly effective teachers and leaders. After seeing the success of these schools in their communities, KIPP set out to create a national network of public charter schools that are successful in helping students from educationally underserved communities develop the knowledge, skills, character, and habits needed to succeed in college and the competitive world beyond.
“We’re grateful that today, Richard Barth is still deeply engaged in the New Profit community and is now sharing his insights and lessons learned from growing a high-impact nonprofit to help the next generation of social entrepreneurs break through.” – Doug Borchard, New Profit Managing Partner and Chief Operating Officer
New Profit partnered with KIPP from 2006 to 2014, investing $3M in unrestricted growth capital and engaging KIPP’s leadership team in deep growth strategy work with New Profit advisors and Monitor-Deloitte project teams. KIPP saw exponential growth as a result (today, the KIPP network has over 200 schools serving close to 90,000 students), but Barth affirms that more than the financial support, it was the New Profit community that propelled KIPP’s success. As he says: “You’re a member of a community where you can be vulnerable as a CEO and tap into the expertise of others without worrying about repercussions.”