What New World Foundation does

New World Foundation (NWF) is a New York-based national public charity and private nonprofit foundation founded in 1954 by Anita McCormick Blaine to advance democratic participation, civil rights, labor organizing, and international peace. The foundation transitioned from a private family foundation to a public charity under the leadership of Blaine's granddaughter Anne Blaine Harrison and now operates with a lean staff of 11-50 professionals from its headquarters at 627 West End Avenue, New York. Its core work spans three programmatic verticals: Civic Engagement (defending democracy and protecting voting rights), Economic Opportunity & Mobility (operated primarily through the Phoenix Fund founded in 1996 for worker and community power, and the Quality Jobs Fund established in 2017 which has deployed over $100M in grants, mission-related investments, and program-related investments), and Climate & Health (anchored by the Climate Action Fund supporting community-driven climate justice solutions). Under President Heeten Kalan and a board chaired by Fred Azcarate, NWF serves grassroots organizations, labor unions, worker centers, frontline communities, and aligned individual donors and family foundations. Its business model combines philanthropic contributions, pooled fund management with like-minded philanthropists, donor-advised funds offering immediate tax benefits, fiscal sponsorship for emerging projects, and impact investments through the QJF. Revenue is not publicly disclosed, but the foundation manages a multi-decade grantmaking portfolio of $100M+ deployed through its flagship impact investment vehicle alone.

Name

New World Foundation

Legal name

New World Foundation

Website

https://newwf.org

Company type

Private

Founded year

1954

Operating status

Operating

Headcount range

1–10 employees

Short description

New World Foundation is a New York-based national public charity founded in 1954 that provides grants, donor-advised funds, pooled funds, fiscal sponsorship, and impact investments to grassroots organizations, labor unions, frontline communities, and aligned donors across civic engagement, economic opportunity, and climate justice.

Ownership category

akta.pro rank

Product category

Philanthropic Grantmaking and Charitable Services

NAICS

Grantmaking Foundations (813211), Grantmaking and Giving Services (81321)

SIC

Services-Social Services (8300)

akta.pro primary industry

Public Charities & Grantmaking Intermediaries (BPAGAKAE)

akta.pro secondary industries

Environmental & Climate Grantmaking Foundations (BPAGAKAM), Community Foundations (BPAGAKAB), Private Foundations (BPAGAKAA)

Keywords

• Philanthropic grantmaking
• Donor-advised funds
• Fiscal sponsorship services
• Impact investing
• Movement building grants

Headquarters

HQ city

Miami

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Philanthropic Contributions: The foundation receives charitable contributions from individual donors and other foundations. Donors make contributions to receive immediate tax benefits and recommend grants to nonprofit organizations over time through donor-advised funds.
2. Pooled Funds Management: NWF partners with like-minded philanthropists—both individual donors and foundations—to launch pooled funds that meet short-, medium-, and long-term community needs. NWF's administrative model ensures funds are spent effectively.
3. Impact Investments: The Quality Jobs Fund uses a combination of grants, mission-related investments (MRIs) and program-related investments (PRIs), along with other philanthropic products and strategies for impact-first investment initiatives.

Go-to-market motion3 records

Distribution channels4 records

Marketing channels3 records

Core offering

New World Foundation is a national public charity that channels philanthropic capital to grassroots organizations through grantmaking programs (Civic Engagement, Economic Opportunity & Mobility, Climate & Health), the Quality Jobs Fund impact-investment initiative, pooled funds, donor-advised funds, and fiscal sponsorship for emerging projects. Its services are designed to support democratic participation, quality job creation, and climate justice by providing financial and administrative infrastructure to frontline communities and movement leaders.

Product overview

New World Foundation is a philanthropic organization offering a portfolio of grantmaking programs and financial services. Its core programs include Civic Engagement (focused on democracy and voting rights), Economic Opportunity & Mobility (through the Phoenix Fund and Quality Jobs Fund), and Climate & Health (via the Climate Action Fund). The Foundation also provides financial vehicles including Pooled Funds for aligned philanthropists, Donor-Advised Funds for flexible charitable giving, and Fiscally Sponsored Projects for emerging initiatives. Together, these offerings enable the Foundation to seed innovation, scale community-led solutions, and sustain grassroots movements for democratic and social change.

Differentiator

Problem solved

Functional benefit

Brands

• Phoenix Fund: Philanthropic collaborative dedicated to building worker and community power from the ground up, supporting frontline organizations, labor unions, worker centers, and cross-sector coalitions
• Quality Jobs Fund
• Climate Action Fund (CAF)

Products and services

• Civic Engagement Program
• Phoenix Fund
• Quality Jobs Fund
• Climate Action Fund (CAF)
• Pooled Funds
• Donor-Advised Funds (DAFs)
• Fiscally Sponsored Projects

Quantifiable outcome

• Over $100M invested in quality jobs since 2017
• +3 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Ford Foundation: Ford Foundation is a much larger progressive grantmaking incumbent with similar mission focus on economic inequality, civic participation, and social justice. Both fund movement-building and community-led solutions domestically and globally, though Ford operates at significantly greater scale and with a broader geographic mandate.
• Schwab Charitable Fund: Schwab Charitable Fund is a large donor-advised fund sponsor that competes with NWF for DAF-sponsorship relationships, particularly for donors wanting mission-aligned field curation. While much larger and broader in scope, it overlaps directly with NWF's DAF and pooled-fund product offerings.
• Open Society Foundations: Open Society Foundations is a broad progressive grantmaking incumbent with comparable thematic focus on democratic participation, economic justice, and climate. Both deploy grant capital across movement-aligned organizations globally, though OSF operates at substantially larger scale.
• W.K. Kellogg Foundation: W.K. Kellogg Foundation is a broad incumbent foundation with overlapping programmatic interest in racial equity, economic opportunity, and community power. Both foundations deploy grants and mission-aligned investments toward community-led solutions for working families, though Kellogg operates at significantly larger scale.

Direct peers

• Tides Foundation: Tides Foundation is a direct peer as it is a public charity that provides fiscal sponsorship, donor-advised funds, and pooled grantmaking services to progressive movements. Both organizations serve as intermediaries between donors and grassroots social justice projects, with overlapping fiscal sponsorship and DAF models.
• Robin Hood Foundation: Robin Hood Foundation is a New York-based public charity focused on poverty and economic mobility, sharing NWF's NYC base, anti-poverty orientation, and use of pooled donor capital to fund frontline organizations. Both serve as hubs for donor coordination around progressive causes in working-class communities.
• Public Welfare Foundation: Public Welfare Foundation is a national progressive grantmaking foundation with comparable thematic focus on economic justice, criminal justice reform, and movement-led change. Both organizations serve as fiscal sponsors and pooled-fund intermediaries for grassroots initiatives targeting systemic inequities.
• Surdna Foundation: Surdna Foundation is a family-founded progressive foundation that similarly funds economic justice, civic participation, and community power-building. Both foundations deploy pooled and donor-advised capital into grassroots-led initiatives and emphasize long-term movement infrastructure.
• Marguerite Casey Foundation: Marguerite Casey Foundation is a national progressive foundation sharing NWF's emphasis on movement-building, economic justice, and grassroots-led change for working-class communities. Both operate pooled funds and grantee networks targeting low-income communities and underrepresented constituencies.
• Jessie Smith Noyes Foundation: Jessie Smith Noyes Foundation is a small progressive public foundation with a comparable focus on environmental justice, economic justice, and movement infrastructure. Both organizations share a similar lean operating model, programmatic emphasis on grassroots organizing, and use of pooled/donor-advised giving mechanisms.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/NewWorldFound
• LinkedInlinkedin.com/company/new-world-funding

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about New World Foundation