Selection Process
New Profit's investment selection cycle is a six-month process that meaningfully engages candidate organizations to best determine which ones fit both our investment criteria and fund priorities. Through this process, we aim to not only assess the potential of each organization for outstanding social impact, but also to help these organizations hone their visions and ability to communicate their ambitious goals.

Our biannual investment selection cycle includes three distinct rounds-Pipeline, Screening, and Due Diligence. This rigorous process provides us with the opportunity to learn about each candidate organization, discern whether each organization is the right fit for our portfolio, and advance only those organizations most likely to receive investment to subsequent rounds.



Selection Criteria
Organizations that we select to fund have demonstrated impressive track records of performance, strong appetites for growth, and high potential for social impact.

Social Entrepreneur

• Social entrepreneur boldly aspires to and articulates a visionary path to connect the organization's direct work to solving the systemic cause(s) of the problem
• Social entrepreneur relentlessly attracts high-quality resources (e.g., talent, funding, and partnerships) that significantly advance the size, capabilities, and influence of the organization
• Social entrepreneur integrates data rapidly to courageously make tough choices that drive organizational performance

Direct Impact

• Organization addresses an urgent problem of significant scale and breadth with a focus on improving social mobility in the United States
• Organization's program model can be scaled to serve significantly more direct beneficiaries in a cost-effective way
• Organization shows promising outputs and outcomes and is committed to collecting data that drives program improvement

Systemic Impact

• Organization has a compelling and plausible strategy that leverages the direct program model to change the system driving the core problem

Organizational Capacity for Growth

• Leadership team, staff, and board of directors are aligned around organization’s mission, strategy, desire for national scale, and need for long-term sustainability
• Organization has a track record of growth and healthy financial management

New Profit Fit & Value Add

• New Profit's strategic support capabilities and partnership have the potential to accelerate impact and sustainability of the organization
• Social entrepreneur desires a candid, collaborative relationship based on a rigorous exchange of ideas

While intensive, our investment selection process is only the beginning of our extensive four- to six- year relationship with organizations in which we invest. Once an organization becomes part of our portfolio, we provide multi-year financial support to increase organizational capacity and highly engaged strategic support to anticipate and plan for the challenges organizations face as they grow.

Letter of Inquiry Submission Form
New Profit is not currently accepting Letters of Inquiry. Please check back again for our next round of investment selection.