- Service Name
New Profit
- Industry
Philanthropy, venture philanthropy, social impact, nonprofit sector
- Main Value Proposition
New Profit empowers social entrepreneurs by providing them with the necessary funding and support to expand access and opportunity in America.
- Description
New Profit is a venture philanthropy organization that supports innovative social entrepreneurs focused on advancing equity and opportunity in America. They provide funding and resources to help these organizations create significant social impact.
- Key Features
Funding for nonprofit organizations led by high-impact social entrepreneurs; Support for organizational capacity-building; Access to a community of impact leaders; Investment in critical and emerging issue areas
- Use Cases
New Profit is most valuable for social entrepreneurs seeking funding, organizations aiming to improve educational outcomes, and initiatives focused on economic mobility and civic engagement.
- Competitive advantages
Over $350M invested in 250+ social impact organizations since 1998; A multiracial, intergenerational community that fosters collaboration across sectors; Focus on both traditional and emergent issue areas, including mental health and civic engagement
- Strengths
New Profit's strengths lie in its extensive experience in venture philanthropy, its strong network of social entrepreneurs, and its commitment to addressing systemic issues in society.
- Positioning
New Profit positions itself as a leader in venture philanthropy, dedicated to fostering social innovation and equity in America.
- Audience
The target users include social entrepreneurs, nonprofit organizations, philanthropists, and community leaders who are dedicated to creating social change.
- CTA
Apply for Funding
- Tags
venture philanthropy
social entrepreneurs
social impact
community support
- Tagline
SHAPE THE FUTURE OF EDUCATION OF OPPORTUNITY OF DEMOCRACY OF AMERICA
- Tone of Voice
Inspirational, supportive, collaborative
- Differentiation
New Profit uniquely combines venture philanthropy with a focus on social impact, investing in organizations that leverage their community connections to drive change.
- Brand Positioning
The brand identity of New Profit emphasizes collaboration, innovation, and a commitment to social justice, appealing to those who are passionate about making a difference.
- Founded
1998-01-01
- Founders
Vanessa Kirsch