NEW PROFIT INC NEW PROFIT IS A VENTURE PHILANTHROPY ORGANIZATION THAT CATALYZES THE IMPACT OF SOCIAL ENTREPRENEURS WHO ARE EXPANDING ACCESS AND OPPORTUNITY IN AMERICA. WE PROVIDE CAPITAL, CAPACITY, AND COMMUNITY TO A PORTFOLIO OF ORGANIZATIONS TO INCREASE THEIR IMPACT, SCALE, AND SUSTAINABILITY. AND WE PARTNER WITH SOCIAL ENTREPRENEURS, PHILANTHROPISTS, AND CROSS-SECTOR LEADERS TO SHIFT HOW THE PHILANTHROPIC SECTOR PURSUES SOCIAL CHANGE AND ENSURES THAT EVERYONE IN AMERICA CAN THRIVE. SINCE 1998, NEW PROFIT HAS INVESTED OVER $350M IN 275+ HIGH-IMPACT ORGANIZATIONS SERVING MORE THAN 35 MILLION PEOPLE IN ALL 50 STATES.
Annual Revenue
$33,625,326
Known Funders
55
Grants Received
119
Financial History
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $33,625,326 | $43,748,913 | $120,251,296 |
| 2023 | $74,873,760 | $40,589,935 | $130,066,105 |
| 2022 | $22,156,350 | $35,518,909 | $102,096,696 |
| 2021 | $77,118,974 | $27,480,677 | $113,525,114 |
| 2020 | $21,481,917 | $31,384,777 | $64,312,700 |
| 2019 | $46,877,712 | $22,628,482 | $74,161,462 |
| 2018 | $28,289,763 | $22,945,350 | $50,713,445 |
| 2017 | $16,776,304 | $25,800,571 | $45,473,808 |
Top Funders
SAN FRANCISCO, CA
PALO ALTO, CA
SEATTLE, WA
SEATTLE, WA
SEATTLE, WA
SEATTLE, WA
Boston, MA
Boston, MA
NEW YORK, NY
Showing top 10 of 55 funders.
Key Personnel
From 2024 IRS 990 filing
DERREK SHULMAN
PARTNER, SENIOR PHILANTHROPIC ADVISOR
SHAWN DOVE
MANAGING PARTNER,ECOSYSTEM BUILDING
SHRUTI SEHRA
MANAGING PARTNER,ECOSYSTEM BUILDING AND EDUCATION
DEBORAH SMOLOVER
MANAGING PARTNER,ED OF AMERICA FORWARD
DAVID LEVY
SENIOR ADVISOR
MATRIKA BAILEY-TURNER
CHIEF OF STAFF
GIA TRUONG
MANAGING PARTNER, EQUITY & PROXIMITY
ELIZA GREENBERG
PRESIDENT
IAN MAGEE
MANAGING PARTNER, CFO
DOUGLAS BORCHARD
MANAGING PARTNER, COO
Showing 10 of 33 key personnel.
Frequently Asked Questions
Other Nonprofits in Massachusetts
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