New Profit

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