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    5. New Profit
    Logo de New Profit

    New Profit

    ActivoCommunity Improvement
    BOSTON, MASitio web6179128800

    About New Profit

    Our multiracial, intergenerational, cross-sector community of entrepreneurs, philanthropists, and partners is on a mission to expand access and opportunity in America.

    Focus Areas

    EducationEconomic MobilityDemocracy / Civic EngagementYouth Mental HealthJustice-impacted communitiesPostsecondary and Career PathwaysWorkforce development

    Funding Style

    program expansionscale-up fundingproject-specific/restricted support

    Topics

    program scalinggeographic expansion

    About New Profit

    New Profit Inc backs organizations positioned to grow, with repeated six- and seven-figure program-expansion grants across education, economic mobility, democracy, and youth mental health. Its recent awards show a clear preference for scale-up support: Braven Inc received $1,669,168 in 2024 and $1,666,668 in 2025, while Girl Trek Incorporated received $1,000,000 in 2025 and The Health Initiative received $1,000,000 in 2025. The foundation also uses larger multi-year vehicles for organizations moving beyond an early stage, alongside cohort-based Catalyze investments for social entrepreneurs and civic, mental health, and economic mobility work. The grantmaking pattern centers on restricted, project-specific support for program expansion, but it also includes unrestricted funding in named investment programs. New Profit Inc’s active portfolio spans education, postsecondary and career pathways, workforce development, justice-impacted communities, and democracy / civic engagement, with a particular emphasis on organizations that are ready to scale service delivery or geographic reach. Several grantees appear more than once across recent awards, suggesting ongoing relationships rather than one-time awards. The foundation’s structure combines build-stage and follow-on investments with cohort-based support, creating a funding profile oriented toward organizational growth and implementation at scale.

    What New Profit Funds

    In education-related work, New Profit Inc funded Braven Inc for program expansion, and it also backed Transcend Inc for the same purpose. That pairing points to an interest in organizations that can extend effective models rather than pilot new ones. For civic and democracy work, the foundation gave Generation Citizen a $375,000 program-expansion grant and later supported Future Caucus with another $375,000 award. Its Catalyze Civic Lab and broader democracy cohorts add a second route for nonpartisan organizations building civic trust and inclusive democracy. Economic mobility is another visible line of giving. Onegoal received both a $377,500 grant in 2024 and a $375,000 grant in 2025, both for program expansion, while Propel America also received a $375,000 grant. The Health Initiative’s $1,000,000 award adds a health-related angle to the foundation’s broader mobility strategy.

    How New Profit Gives

    Financial Snapshot

    Annual Giving

    $16.8M

    Total Assets

    $120.3M

    Total Revenue

    $33.6M

    Total Expenses

    $43.7M

    Typical Grant Size

    Most grants fall between $100K and $250K, with a median of $100K.

    25th Percentile

    $100K

    Median

    $100K

    75th Percentile

    $250K

    Geographic Reach

    National27 states funded

    About 5% of grants go to recipients in CA.

    Intensidad de financiamiento
    Baja
    Alta
    Sede

    Leadership

    DOUG BORCHARD

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    service delivery expansion

    Typical grants cluster tightly around $100,000 to $250,000 at the lower end of the distribution, with a p25 of $100,000, a median of $100,000, and a p75 of $250,000. The recent grants list also shows a set of much larger operating-style investments, including $375,000 awards and seven-figure follow-on support. Recipients appear across multiple years: Braven Inc, Transcend Inc, Onegoal, Generation Citizen, The Center for Black Educator Development, and Surge Institute all recur in the recent-grants data. New Profit Inc is a regular funder, not a DAF or individual-giving vehicle, and several active programs are open to unsolicited submissions through the Discovery Form or Catalyze cohorts.

    Where New Profit Makes Grants

    New Profit Inc gives nationally, and all recent grants in the dataset went to U.S. recipients. Washington, DC appears frequently among recipient cities, alongside Chicago, New York, Oakland, and Boston. DC also stands out as the top state by grant count, even though the foundation itself is headquartered in Boston, Massachusetts. Massachusetts recipients account for 5% of grants, with recent awards to organizations in Concord, Newton, and Boston.

    Frequently Asked Questions About New Profit

    What kinds of organizations does New Profit Inc fund?

    The foundation funds organizations working in education, economic mobility, democracy / civic engagement, youth mental health, justice-impacted communities, postsecondary and career pathways, and workforce development. Active programs include Build Investments, Transform Investments, and several Catalyze cohorts focused on democracy, economic mobility, mental health, and justice-impacted communities.

    What is the typical grant size?

    The typical grant profile is centered at $100,000: p25 is $100,000, median is $100,000, and p75 is $250,000. The active Catalyze cohorts are generally in the $100,000 to $110,000 range, while Build Investments and Transform Investments are much larger vehicles.

    Can organizations submit unsolicited inquiries?

    Yes. The Discovery Form is a year-round general intake for New Profit funding, and several Catalyze cohorts accept unsolicited submissions. By contrast, Transform Investments and the ECSO Initiative are marked as not accepting unsolicited requests.

    Does New Profit Inc fund only one-time grants or recurring relationships?

    The grants data shows recurring relationships. Braven Inc, Transcend Inc, Onegoal, Generation Citizen, The Center for Black Educator Development, and Surge Institute each appear in more than one grant year, which suggests continuing support across cycles.

    Where does New Profit Inc give most often?

    The top state by grant count is DC. Recent recipient cities also include Chicago, New York, Oakland, Boston, Concord, Newton, and Atlanta, and the recipient country distribution is entirely U.S.-based in the dataset.

    Accepts unsolicited proposals
    Latest 990 Filing

    2025

    Source: IRS Form 990-PF, fiscal year 2025.

    Oportunidades de Subvenciones Abiertas

    Financiamiento actual y próximo de New Profit al que tu organización sin fines de lucro podría postularse.

    Abierta ahoraRecepción continua / abiertaMonto: Hasta 1,5 M US$

    Build Investments

    EducationEconomic mobilityDemocracy+2 más

    ¿Quién puede postularse? Organizations must focus on the United States and its territories; hold 501(c)(3) status; have most recently closed fiscal-year expenses of at least $2 million; be led by at least one full-time social entrepreneur working approximately 40 hours per week; and actively participate in New Profit's Build support model, including strategic advising, board participation by a New Profit Dedicated Partner, and community convenings.

    Fecha límite: Discovery Forms are accepted year-round on a rolling basis; full application dates vary by funding cycle.

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    Recent Grants

    Most recent grants reported to the IRS.

    RecipientLocationAmountYearPurpose
    BRAVEN INCCHICAGO, IL$1,666,6682025PROGRAM EXPANSION
    GIRL TREK INCORPORATEDWASHINGTON, DC$1,000,0002025PROGRAM EXPANSION
    THE HEALTH INITIATIVECONCORD, MA$1,000,0002025PROGRAM EXPANSION
    TRANSCEND INCBRONX, NY$750,0002025PROGRAM EXPANSION
    INCLUSIVE ACTION FOR THE CITYLOS ANGELES, CA$375,0002025PROGRAM EXPANSION
    SURGE INSTITUTECHICAGO, IL$375,0002025PROGRAM EXPANSION
    CITY BUREAU NFPCHICAGO, IL$375,0002025PROGRAM EXPANSION
    GENERATION CITIZENNEW YORK, NY$375,0002025PROGRAM EXPANSION
    PROPEL AMERICABOSTON, MA$375,0002025PROGRAM EXPANSION
    DIGITAL PROMISE GLOBALWASHINGTON, DC$375,0002025PROGRAM EXPANSION
    GENERATION HOPEWASHINGTON, DC$375,0002025PROGRAM EXPANSION
    POLICYLINK (DBA LIBERATION VENTURES)OAKLAND, CA$375,0002025PROGRAM EXPANSION
    THE OAKLAND REACHOAKLAND, CA$375,0002025PROGRAM EXPANSION
    FUTURE CAUCUSWASHINGTON, DC$375,0002025PROGRAM EXPANSION
    MARCY LAB INCBROOKLYN, NY$375,0002025PROGRAM EXPANSION
    AMERICA ON TECH INCNEW YORK, NY$375,0002025PROGRAM EXPANSION
    GEORGIA RESILIENCE AND OPPORTUNITY FUNDATLANTA, GA$375,0002025PROGRAM EXPANSION
    THE CENTER FOR BLACK EDUCATOR DEVELOPMENTELKINS PARK, PA$375,0002025PROGRAM EXPANSION
    WASHINGTON HOUSING CONSERVANCY INCWASHINGTON, DC$375,0002025PROGRAM EXPANSION
    ONEGOALCHICAGO, IL$375,0002025PROGRAM EXPANSION
    BELOVED COMMUNITY CENTER OF GREENSBORO INCGREENSBORO, NC$250,0002025PROGRAM EXPANSION
    GIRLS LEADERSHIPOAKLAND, CA$250,0002025PROGRAM EXPANSION
    CODEPATHORGSAN FRANCISCO, CA$250,0002025PROGRAM EXPANSION
    ENGLISH LEARNERS SUCCESS FORUMALBUQUERQUE, NM$250,0002025PROGRAM EXPANSION
    CARA CHICAGOCHICAGO, IL$250,0002025PROGRAM EXPANSION
    TALKINGPOINTSSAN FRANCISCO, CA$250,0002025PROGRAM EXPANSION
    TEACHING LABPHILADELPHIA, PA$250,0002025PROGRAM EXPANSION
    THINK OF USWASHINGTON, DC$250,0002025PROGRAM EXPANSION
    SHARED AMERICA INCWASHINGTON, DC$250,0002025PROGRAM EXPANSION
    PROJECT BASTANEW YORK, NY$250,0002025PROGRAM EXPANSION
    AVANCE INCSAN ANTONIO, TX$250,0002025PROGRAM EXPANSION
    THE BLACK TEACHER COLLABORATIVEATLANTA, GA$250,0002025PROGRAM EXPANSION
    BARR CENTERST LOUIS PARK, MN$250,0002025PROGRAM EXPANSION
    INNER CITY COMPUTER STARS FOUNDATIONCHICAGO, IL$250,0002025PROGRAM EXPANSION
    THE KNOWLEDGE HOUSE FELLOWSHIP INCBRONX, NY$250,0002025PROGRAM EXPANSION
    TIDES CENTERSAN FRANCISCO, CA$220,0002025PROGRAM EXPANSION
    NATIONAL BLACK JUSTICE COLLECTIVE INSTITUTEWASHINGTON, DC$125,0002025PROGRAM EXPANSION
    CLOSEGAPLOS ANGELES, CA$110,0002025PROGRAM EXPANSION
    OPEN SOURCE WELLNESSEL CERRITO, CA$110,0002025PROGRAM EXPANSION
    HEALTH IMPACT OHIOCOLUMBUS, OH$110,0002025PROGRAM EXPANSION
    DAUGHTERS BEYOND INCARCERATIONNEW ORLEANS, LA$110,0002025PROGRAM EXPANSION
    L&J EMPOWERMENTLITTLE ROCK, AR$110,0002025PROGRAM EXPANSION
    WE ARE BETTER TOGETHER WARREN DANIEL HAIRSTON PROJECTROXBURY, MA$110,0002025PROGRAM EXPANSION
    FORMERLY INCARCERATED COLLEGE GRADUATES NETWORKDURHAM, NC$110,0002025PROGRAM EXPANSION
    HEALING TOGETHEROAKLAND, CA$110,0002025PROGRAM EXPANSION
    NATION OUTSIDEDETROIT, MI$110,0002025PROGRAM EXPANSION
    LEGENDARY LEGACIES INCWORCESTER, MA$110,0002025PROGRAM EXPANSION
    FREEDOM COMMUNITY CENTERSAINT LOUIS, MO$110,0002025PROGRAM EXPANSION
    HOME IS HERE NOLANEW ORLEANS, LA$110,0002025PROGRAM EXPANSION
    RREPS INCRALEIGH, NC$110,0002025PROGRAM EXPANSION

    BRAVEN INC

    $1,666,668
    CHICAGO, IL2025

    PROGRAM EXPANSION

    GIRL TREK INCORPORATED

    $1,000,000
    WASHINGTON, DC2025

    PROGRAM EXPANSION

    THE HEALTH INITIATIVE

    $1,000,000
    CONCORD, MA2025

    PROGRAM EXPANSION

    TRANSCEND INC

    $750,000
    BRONX, NY2025

    PROGRAM EXPANSION

    INCLUSIVE ACTION FOR THE CITY

    $375,000
    LOS ANGELES, CA2025

    PROGRAM EXPANSION

    SURGE INSTITUTE

    $375,000
    CHICAGO, IL2025

    PROGRAM EXPANSION

    CITY BUREAU NFP

    $375,000
    CHICAGO, IL2025

    PROGRAM EXPANSION

    GENERATION CITIZEN

    $375,000
    NEW YORK, NY2025

    PROGRAM EXPANSION

    PROPEL AMERICA

    $375,000
    BOSTON, MA2025

    PROGRAM EXPANSION

    DIGITAL PROMISE GLOBAL

    $375,000
    WASHINGTON, DC2025

    PROGRAM EXPANSION

    GENERATION HOPE

    $375,000
    WASHINGTON, DC2025

    PROGRAM EXPANSION

    POLICYLINK (DBA LIBERATION VENTURES)

    $375,000
    OAKLAND, CA2025

    PROGRAM EXPANSION

    THE OAKLAND REACH

    $375,000
    OAKLAND, CA2025

    PROGRAM EXPANSION

    FUTURE CAUCUS

    $375,000
    WASHINGTON, DC2025

    PROGRAM EXPANSION

    MARCY LAB INC

    $375,000
    BROOKLYN, NY2025

    PROGRAM EXPANSION

    AMERICA ON TECH INC

    $375,000
    NEW YORK, NY2025

    PROGRAM EXPANSION

    GEORGIA RESILIENCE AND OPPORTUNITY FUND

    $375,000
    ATLANTA, GA2025

    PROGRAM EXPANSION

    THE CENTER FOR BLACK EDUCATOR DEVELOPMENT

    $375,000
    ELKINS PARK, PA2025

    PROGRAM EXPANSION

    WASHINGTON HOUSING CONSERVANCY INC

    $375,000
    WASHINGTON, DC2025

    PROGRAM EXPANSION

    ONEGOAL

    $375,000
    CHICAGO, IL2025

    PROGRAM EXPANSION

    BELOVED COMMUNITY CENTER OF GREENSBORO INC

    $250,000
    GREENSBORO, NC2025

    PROGRAM EXPANSION

    GIRLS LEADERSHIP

    $250,000
    OAKLAND, CA2025

    PROGRAM EXPANSION

    CODEPATHORG

    $250,000
    SAN FRANCISCO, CA2025

    PROGRAM EXPANSION

    ENGLISH LEARNERS SUCCESS FORUM

    $250,000
    ALBUQUERQUE, NM2025

    PROGRAM EXPANSION

    CARA CHICAGO

    $250,000
    CHICAGO, IL2025

    PROGRAM EXPANSION

    TALKINGPOINTS

    $250,000
    SAN FRANCISCO, CA2025

    PROGRAM EXPANSION

    TEACHING LAB

    $250,000
    PHILADELPHIA, PA2025

    PROGRAM EXPANSION

    THINK OF US

    $250,000
    WASHINGTON, DC2025

    PROGRAM EXPANSION

    SHARED AMERICA INC

    $250,000
    WASHINGTON, DC2025

    PROGRAM EXPANSION

    PROJECT BASTA

    $250,000
    NEW YORK, NY2025

    PROGRAM EXPANSION

    AVANCE INC

    $250,000
    SAN ANTONIO, TX2025

    PROGRAM EXPANSION

    THE BLACK TEACHER COLLABORATIVE

    $250,000
    ATLANTA, GA2025

    PROGRAM EXPANSION

    BARR CENTER

    $250,000
    ST LOUIS PARK, MN2025

    PROGRAM EXPANSION

    INNER CITY COMPUTER STARS FOUNDATION

    $250,000
    CHICAGO, IL2025

    PROGRAM EXPANSION

    THE KNOWLEDGE HOUSE FELLOWSHIP INC

    $250,000
    BRONX, NY2025

    PROGRAM EXPANSION

    TIDES CENTER

    $220,000
    SAN FRANCISCO, CA2025

    PROGRAM EXPANSION

    NATIONAL BLACK JUSTICE COLLECTIVE INSTITUTE

    $125,000
    WASHINGTON, DC2025

    PROGRAM EXPANSION

    CLOSEGAP

    $110,000
    LOS ANGELES, CA2025

    PROGRAM EXPANSION

    OPEN SOURCE WELLNESS

    $110,000
    EL CERRITO, CA2025

    PROGRAM EXPANSION

    HEALTH IMPACT OHIO

    $110,000
    COLUMBUS, OH2025

    PROGRAM EXPANSION

    DAUGHTERS BEYOND INCARCERATION

    $110,000
    NEW ORLEANS, LA2025

    PROGRAM EXPANSION

    L&J EMPOWERMENT

    $110,000
    LITTLE ROCK, AR2025

    PROGRAM EXPANSION

    WE ARE BETTER TOGETHER WARREN DANIEL HAIRSTON PROJECT

    $110,000
    ROXBURY, MA2025

    PROGRAM EXPANSION

    FORMERLY INCARCERATED COLLEGE GRADUATES NETWORK

    $110,000
    DURHAM, NC2025

    PROGRAM EXPANSION

    HEALING TOGETHER

    $110,000
    OAKLAND, CA2025

    PROGRAM EXPANSION

    NATION OUTSIDE

    $110,000
    DETROIT, MI2025

    PROGRAM EXPANSION

    LEGENDARY LEGACIES INC

    $110,000
    WORCESTER, MA2025

    PROGRAM EXPANSION

    FREEDOM COMMUNITY CENTER

    $110,000
    SAINT LOUIS, MO2025

    PROGRAM EXPANSION

    HOME IS HERE NOLA

    $110,000
    NEW ORLEANS, LA2025

    PROGRAM EXPANSION

    RREPS INC

    $110,000
    RALEIGH, NC2025

    PROGRAM EXPANSION