NEW PROFIT INC
Annual Giving
$16.8M-2% YoY
Grants
83
Median Grant
$110K
Organizations Funded
160
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Foundation Overview
Mission
New Profit is a venture philanthropy organization that backs breakthrough social entrepreneurs who are advancing equity and opportunity in America. Their multiracial, intergenerational, cross-sector community of entrepreneurs, philanthropists, and partners is on a mission to expand access and opportunity in America. Their mission is to break down the barriers that stand between people and opportunity in America.
Focus Areas
Grant Types
Funded Initiatives
Build investments: $1M+ multi-year unrestricted grants with strategic support and dedicated Deal Partner; Catalyze investments: $50-100K investments over 1-2 years; Scale investments: $3M multi-year unrestricted grants; Recent $1.5 million investments in Center for Black Educator Development, Generation Citizen, OneGoal, and Surge Institute; Since 1998: invested over $350M in 250+ organizations serving 35 million people
How to Apply
Currently operating within an invitation-only framework while building out portfolio and geographic reach. Cannot accept unsolicited applications at this time. For Economic Mobility opportunities: Contact at [email protected] with "Economic Mobility" as the subject line.
Based on publicly available information from the foundation's 990 filings and website.
Giving History
$16.8M
Grants
83
Median
$110K
States
21
$17.1M
Grants
102
Median
$100K
States
21
$12.6M
Grants
85
Median
$100K
States
18
Grant Size Distribution
$110K
Typical Grant (Median)
$6K
Smallest
$10K
25th Pctile
$250K
75th Pctile
$1.7M
Largest
Excludes grants ≤ $5K. Half fall between $10K and $250K.
Largest Recent Grants
$1.7M
2024
BRAVEN INC
IL · PROGRAM EXPANSION
$1.0M
2024
GIRL TREK INCORPORATED
DC · PROGRAM EXPANSION
$1.0M
2024
THE HEALTH INITIATIVE
MA · PROGRAM EXPANSION
$750K
2024
TRANSCEND INC
NY · PROGRAM EXPANSION
$375K
2024
FUTURE CAUCUS
DC · PROGRAM EXPANSION
Geographic Focus
Top states by total grant dollars. Based on IRS filing data.
Financial Overview
Grants paid shown as percentage of total assets
Data sourced from IRS 990 and 990-PF filings and publicly available foundation websites. Grant data, financial figures, and organizational details reflect historical filings and may not represent current operations or funding priorities. Verify directly with the foundation before applying. See an issue? Let us know.