Investment Announcements

New Profit Invests $1 Million Each in Four Breakthrough Organizations

January 20, 2021

We are excited to announce that New Profit has made new investments in four organizations led by breakthrough social entrepreneurs:

  • 4.0: Led by Hassan Hassan, 4.0 Schools shifts both the distribution of resources and innovation in the education system closer to the communities the system is currently failing to serve.
  • Equal Opportunity Schools: Led by Byron V. Garrett, Equal Opportunity Schools improves the accessibility of advanced learning classes to students of color and low-income students.
  • Pivot Learning: Led by Dr. Arun Ramanathan, Pivot Learning addresses gaps in educator understanding and practice, pairing collaborative support with high expectations and excellent instruction so all students have every opportunity to learn.
  • Saga Education: Led by Alan Safran and AJ Gutierrez, Saga Education enables schools to embed evidence-based personalized learning interventions, like rigorous tutoring, into their regular school day.

Over the next four years, these organizations will each receive $1 million in unrestricted philanthropic funding. In addition, an experienced New Profit partner will join the organizations’ board of directors and serve as a trusted advisor to the social entrepreneur/leader on leadership team and board development, as well as strategic planning for growth and impact.

To learn more about these amazing organizations and their leaders, why we invested in them, and what support they will receive in the coming years, check out the links above.