Giving to New Profit increases the strength of your charitable dollars. Pooled into a fund with other donor's contributions, your dollars will reach further than they would on their own.
As a fund, we are able to make larger investments in high-performing nonprofit organizations, whose social entrepreneurs in turn are freer to be more ambitious in their thinking and bolder in their programming. The end result: greater impact on critical social problems.
In addition, New Profit further leverages your dollars through the strategic guidance of its internal portfolio management team and its unparalleled pro-bono partnership with the management consulting firm, Monitor Group. At the point when New Profit reallocates your donation to the nonprofit organizations within our portfolio, your dollars are BIGGER than when they were first given.
Potential donors should consider the following:
- New Profit's Board of Directors covers our organizational overhead, meaning donors bear no portion of our operating costs. Fully 100 percent of every donation goes directly to the organizations in our portfolio.
- New Profit leverages donor dollars by adding management assistance and support services. Our team of portfolio managers reviews more than 300 organizations each year to identify a few leading social innovations with the potential for transformative and widespread impact. We evaluate organizations using a rigorous due diligence process that tests the strength of their programs, capacity for growth, and leadership, alongside other critical factors.
Once we have accepted an organization into our portfolio, we combine a multi-year unrestricted grant (typically $1 million over four years) with strategic support to quickly and efficiently grow the organization and maximize its impact. Every portfolio organization is also paired with a New Profit portfolio manager who assumes a board seat with the organization and works directly with the CEO on strategic issues to help foster growth and impact.
Finally, we use a dynamic and deep measurement process to evaluate quantitative and qualitative indicators of impact. As a donor, we will regularly update you on the performance of organizations within the portfolio.
- Your dollars are further leveraged by the pro-bono services of Monitor Group, New Profit's signature partner. Our pro-bono partner, Monitor Group, a leading management consulting firm, matches senior consultants with our social entrepreneurs to serve as leadership coaches, and provides case teams who undertake in-depth strategy projects that further an organization's growth.