New Profit
- Company typePrivate
- Founded1998
- HeadquartersBoston, United States
- Headcount101–250
- GTM typeB2B
- OfferingServices
New Profit firmographics
Firmographics- Name
- New Profit
- Legal name
- New Profit Inc.
- Website
- https://newprofit.org
- Company type
- Private
- Founded year
- 1998
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Ownership category
- akta.pro rank
New Profit industry classification
Industry- Product category
- Venture Philanthropy
- NAICS
- Grantmaking Foundations (813211), Grantmaking and Giving Services (81321), Religious, Grantmaking, Civic, Professional, and Similar Organizations (813)
- SIC
- Services-Management Consulting Services (8742)
- akta.pro primary industry
- Community Foundations (BPAGAKAB)
- akta.pro secondary industries
- Corporate Foundations & CSR Grantmaking (BPAGAKAC), Philanthropic & Charitable Trust Services (FSAAANAI)
Keywords
Where New Profit is headquartered
LocationHeadquarters
- HQ city
- Boston
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
New Profit business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Others, Marketing or Sales, Operations
Revenue model
- Philanthropic Donations: New Profit receives unrestricted funding from individual philanthropists, family foundations, and institutional donors who join their community of investors. Donors engage through intimate events, gatherings, and learning communities with grantee-partners.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Annual | Catalyze: $100,000 unrestricted grant + $10,000 leadership development funding over one year |
| Other | Multi-year contract | Build: $1.5 million multi-year unrestricted grant with dedicated Deal Partner support |
| Other | Multi-year contract | Transform: $3 million multi-year unrestricted grant with board-level Deal Partner engagement |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels8 records
New Profit product offering
Product offeringCore offering
New Profit is a venture philanthropy organization that provides unrestricted capital and strategic advisory support to high-impact social entrepreneurs leading U.S.-based 501(c)(3) nonprofits. Its core offering is a tiered investment portfolio: Catalyze ($100,000 one-year grants for early-stage organizations), Build ($1.5 million multi-year grants for growth-stage organizations), and Transform ($3 million multi-year grants for alumni organizations at growth inflection points). Each tier includes a dedicated Deal Partner, peer learning community, and field-building convenings.
Product overview
New Profit is a venture philanthropy organization offering a portfolio of funding and support programs for social entrepreneurs. The core offerings consist of three investment vehicles: Catalyze (early-stage, $100,000 grants with cohort support), Build (growth-stage, $1.5M multi-year grants with Deal Partner advisory), and Transform (scaling organizations, $3M multi-year grants). These are complemented by field building initiatives including The Well (biennial convening), the Say More podcast, Proximity Fellows, and Centre for Exponential Change. New Profit also runs specialized cohorts within Catalyze covering Civic Lab, Economic Mobility, Mental Health Equity, Unlocked Futures, and Connected Futures, plus the Alumni Lab for previous grantees. The organization focuses on education, economic mobility, and democracy sectors, providing unrestricted capital, capacity-building support, and peer learning communities.
Differentiator
Problem solved
Functional benefit
Products and services
- Catalyze Investments
Quantifiable outcome
- 100% of Build portfolio grantees reported satisfaction with their New Profit relationship, and 92% benefited 'a great deal'
- +3 more outcomes
Companies that use New Profit
Customer profileNamed customers9 records
Segments5 records
Ideal customer profiles4 records
New Profit technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
New Profit partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered minor and core.
- Massachusetts Department of Early Education and Care (EEC)minorFive-year partnership between New Profit and Massachusetts EEC to support Early Childhood Support Organizations (ECSO). The partnership resulted in Massachusetts committing $18.25 million to fully fund ECSOs over six years.
- DeloittecoreDeloitte partners with New Profit annually to support portfolio organizations through Fortune 500-level strategic support. Teams collaborate with leaders on projects focused on leadership and board development, monitoring and evaluation, financial sustainability, impact modeling, and growth strategy. Deloitte co-hosts the Social Impact House at SXSW EDU with New Profit.
- Centre for Exponential ChangeminorGlobal action network of systems orchestrators reimagining how to solve pressing social challenges. New Profit is a founding member of this network.
- America Forward CoalitionminorGeneration Citizen is listed as an America Forward coalition member. America Forward relaunched as a stand-alone effort in September 2025.
Scale indicators5 records
Recent moves7 records
Expansion highlights5 records
New Profit competitors and assessment
Company assessmentRegional players
- Robin Hood Foundation: Robin Hood is one of the largest U.S. poverty-fighting philanthropic organizations, investing in evidence-based programs primarily in New York City. While geographically focused, its model of funding proven programs and combining grants with capacity building mirrors New Profit's approach.
Direct peers
- Skoll Foundation: Skoll invests in social entrepreneurs and innovators driving large-scale, sustainable change through grant capital and storytelling. Its focus on systems change and social entrepreneurship aligns closely with New Profit's three vertical thesis.
- Acumen: Acumen is a venture philanthropy organization that invests patient capital and advisory support in social enterprises tackling poverty. Like New Profit, it combines unrestricted funding with strategic support and operates a portfolio model targeting systems change.
- Ashoka: Ashoka is a global network that identifies and supports leading social entrepreneurs ("Ashoka Fellows") with stipends, professional support, and connections. Its fellow-driven model and systems-change focus are comparable to New Profit's portfolio approach.
- Blue Meridian Partners: Blue Meridian Partners is a philanthropic scaling vehicle that pools capital from multiple funders to provide large, multi-year unrestricted investments to high-performing nonprofits. Its focus on capital chasm-stage scaling directly parallels New Profit's Transform tier.
- Echoing Green: Echoing Green identifies and invests in emerging social entrepreneurs through fellowships providing unrestricted seed funding and leadership development. Its early-stage focus and leadership-development model closely mirror New Profit's Catalyze vehicle.
- Omidyar Network: Omidyar Network is a philanthropic investment firm that combines grants and impact investments to support social entrepreneurs. Its hybrid approach to deploying capital toward systems change parallels New Profit's venture philanthropy model.
- Draper Richards Kaplan Foundation: DRK is a venture philanthropy fund that selects early-stage social entrepreneurs for multi-year unrestricted funding and capacity-building support. Its model of identifying leaders and providing long-term capital mirrors New Profit's Catalyze and Build approach.
Emerging players
- Village Capital: Village Capital uses a peer-selection model to identify and support early-stage impact-driven entrepreneurs with non-dilutive capital and advisory. Its cohort-based approach and focus on proximate founders align with New Profit's cohort and proximity-led thesis.
Broad incumbents
- Ford Foundation: The Ford Foundation is one of the largest U.S. private foundations, funding a broad portfolio of programs across inequality, democracy, education, and economic opportunity globally. Its issue-area focus overlaps with New Profit's, though at materially larger scale and broader scope.
Market position
Weaknesses1 record
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
New Profit social profiles
Digital presenceNew Profit financial estimates
Financial estimateRevenue estimate
Valuation estimate
New Profit leadership team
Management profileNumber of profiles
Profiles9 records
New Profit funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
New Profit M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about New Profit
What does New Profit do?
New Profit is a venture philanthropy organization that provides unrestricted capital and strategic advisory support to high-impact social entrepreneurs leading U.S.-based 501(c)(3) nonprofits. Its core offering is a tiered investment portfolio: Catalyze ($100,000 one-year grants for early-stage organizations), Build ($1.5 million multi-year grants for growth-stage organizations), and Transform ($3 million multi-year grants for alumni organizations at growth inflection points). Each tier includes a dedicated Deal Partner, peer learning community, and field-building convenings.
Is New Profit a public or private company?
New Profit is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was New Profit founded?
New Profit was founded in 1998. It employs 101 to 250 people.
Where is New Profit based?
New Profit is headquartered in Boston, United States, in the North America region.
How does New Profit make money?
One revenue line is on record: philanthropic Donations.
Who are New Profit's main competitors?
Robin Hood Foundation is listed as a regional player. Direct peers are Skoll Foundation, Acumen, Ashoka, Blue Meridian Partners, Echoing Green, Omidyar Network and Draper Richards Kaplan Foundation. Village Capital is listed as an emerging player. Ford Foundation is listed as a broad incumbent.
Does New Profit have an API?
No public API is recorded for New Profit.
What industry is New Profit in?
New Profit's product category is Venture Philanthropy. Its primary akta.pro industry code is BPAGAKAB, Community Foundations, with a secondary code of BPAGAKAC, Corporate Foundations & CSR Grantmaking. Its NAICS code is 813211 and its SIC code is 8742.