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Average ratingGreat
4.0/ 5

Based on 9 reviews

533%
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Amanda Jefferson
Reviews 1

I had a mixed experience with New Profit. There were aspects that I liked and others that I didn't find satisfactory. Their website is informative, but it lacks a personal touch. I would appreciate more transparency about their impact and outcomes. Nonetheless, I believe they have the potential to improve and make a meaningful difference.

Kristy Lamare
Reviews 1

The team at New Profit is doing a great job. Their website has all the necessary information, and it's easy to navigate. I appreciate that they focus on providing value to their customers. I've had a positive experience working with them, and I would recommend their services.

Angela Stubee
Reviews 1

I found New Profit to be an average company overall. Their website is decent and user-friendly, but I didn't find anything exceptional about their services. The information provided was helpful, but it lacked depth. I think there is room for improvement, especially with regards to the content on their website.

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About New profit

New Profit is a venture philanthropy organization that backs breakthrough social entrepreneurs who are advancing equity and opportunity in America.

New Profit: Revolutionizing Philanthropy with Venture Capital

New Profit is a venture philanthropy organization that has been making waves in the world of social entrepreneurship. Founded in 1998, New Profit has been at the forefront of investing in innovative solutions to some of America's most pressing social issues. The organization's mission is to back breakthrough social entrepreneurs who are advancing equity and opportunity in America.

What sets New Profit apart from other philanthropic organizations is its unique approach to funding and supporting social entrepreneurs. Rather than simply providing grants or donations, New Profit takes a venture capital-style approach to investing in these individuals and their organizations. This means that they provide not only financial support but also strategic guidance, mentorship, and access to networks that can help these entrepreneurs scale their impact.

Over the years, New Profit has supported a wide range of social entrepreneurs across various sectors such as education, workforce development, health care, criminal justice reform, and more. Some notable examples include:

- DonorsChoose.org: an online platform that connects teachers with donors who want to support classroom projects.

- Year Up: a workforce development program that provides young adults with skills training and internships.

- College Advising Corps: an organization that places recent college graduates as advisers in high schools to help students navigate the college application process.

Through its investments in these organizations and others like them, New Profit has helped drive significant progress towards creating a more equitable society for all Americans.

One key aspect of New Profit's work is its focus on diversity, equity, and inclusion (DEI). The organization recognizes that systemic racism and other forms of oppression have created significant barriers for many communities across America. As such, it seeks out social entrepreneurs who are working specifically on issues related to DEI or who come from underrepresented backgrounds themselves.

In addition to its investment work, New Profit also engages in advocacy efforts aimed at driving policy change at the national level. For example:

- In 2015, it launched "America Forward," a coalition of over 70 organizations advocating for evidence-based policy solutions.

- In 2020 amidst COVID19 pandemic crisis they launched "Future Skills" initiative which aims at helping workers acquire new skills needed for jobs post-pandemic era

Overall ,New profit continues revolutionizing philanthropy by taking risks on innovative ideas while providing comprehensive support beyond just funding . It’s no wonder why this venture philanthropy firm continues being recognized as one of the leading forces behind some of America’s most impactful nonprofits today!

Address
225 franklin street
Categories
Philanthropy