WHO WE FUND
New Profit is committed to advancing equity and opportunity in America by supporting innovative organizations led by visionary social entrepreneurs with promising outcomes and high potential for systemic social impact.
HOW WE SELECT INVESTMENTS
We approach our investment selection process with deep curiosity and a focus on building relationships and mutual understanding to identify the most promising social entrepreneurs with potential for impact at scale. The stages of our selection process include:
Discovery - Organizations are encouraged to review New Profit’s investment eligibility guidelines (https://www.newprofit.org/get-funding-and-support/
) and if they meet these guidelines can fill out the following “Discovery form” which will help our team gain line of sight of your organization.
Pipeline - For organizations that meet our eligibility guidelines and overall strategic priorities, New Profit will provide a mutual opportunity for getting to know one another and joining our pipeline. Once in our pipeline, New Profit will inform organizations of upcoming investment opportunities that may be a fit for the organization.
Letter of Inquiry ("LOI") - Depending on our evolving strategic priorities and funding availability , select pipeline organizations will either be invited to submit a letter of inquiry for a given selection cycle or an open submission cycle will be held. Open cycles will be publicly announced on our website and shared with pipeline organizations.
Screening & Diligence - Organizations selected for Screening and Diligence are assessed against our investment selection criteria using materials from the LOI, interview(s) with the organization’s leadership, and rigorous analysis of each organization's mission, financials, direct and systemic impact, and growth strategy with an emphasis on relationship-building and mutual understanding.
We'd like to take a moment to thank you for taking the time to complete the ‘Discovery form’ and for the work you do to continue to improve opportunity and equity in our country. We look forward to getting to know you better.