New Profit
Non-Profit & Charitable Organizations · Massachusetts, United States · 51-200 Employees
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Overview
Headquarters
200 Clarendon St Fl 9, Boston, Massachus...Phone Number
(617) 912-8800Website
www.newprofit.orgRevenue
$74.9 MillionIndustry
ZI Rank: 1
Signal Type
Dec
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ZI Rank
2
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About New Profit
New Profit is a venture philanthropy organization that supports innovative social entrepreneurs focused on advancing equity and opportunity in America. They provide funding, capacity-building support, and access to a community of impact leaders to early-stage nonprofit organizations. Their investment areas include education, economic mobility, and democracy, with a commitment to addressing critical issues such as mental health and justice-impacted communities. Since its inception in 1998, New Profit has invested over $350 million in more than 250 social impact organizations.Explore more
New Profit Org Chart
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Revenue
Number of Employees
Type
Funding
Founded In
New Profit
$74.9M
51-200
Private
-
1998
Matrika Bailey-TurnerCEO, Strategic Partnerships & External Affairs, Office of
Company Profile Activity
Activity Insights
New Profit is experiencing very low activity levels compared to other companies in the Organizations sector.
What does this means?
New Profit is drawing exceptional interest within the Organizations industry, suggesting notable developments or strong market momentum, learn more about New Profit.
New Profit Tech Stack
A closer look at the technologies used by New Profit
Most Recent Scoops
Promotion
Executive Move
Shruti Sehra has recently been promoted from Managing Partner, Field Building & Education to the role of Chief Executive Officer.
Executive Moves, Promotion
Event
Person-Based
Tulaine Montgomery, Chief Executive Officer, appeared on a podcast called "We Are For Good Podcast - The Podcast for Nonprofits" on 04/16/2025. Topics discussed include Joy in changemaking, self-care, relationships.
Events, Podcast
Event
Person-Based
Kevin Greer, Managing Partner, Chief Administrative Officer, appeared on a podcast called "Successful Nonprofits Podcast" on 08/27/2024. Topics discussed include Nonprofit rest week, burnout prevention, collective rest.
Events, Podcast
Left Company
Executive Move
Lateral Move
Executive Move
New Profit News & Media
XPRIZE Announces Conclusion of Rapid Reskilling Competition
LOS ANGELES--(BUSINESS WIRE)--XPRIZE, the world’s leader in designing and operating incentive competitions to solve humanity’s grand challenges, today announced the conclusion of its Rapid Reskilling competition. The competition, sponsored by New Profit through the Future of Work Grand Challenge, incentivized teams from across the globe to quickly retrain under-resourced workers – particularly those most vulnerable to losing their jobs – and prepare them for the digital revolution. The COVID-19Campaign For Black Male Achievement Founder Shawn Dove Joins New Profit As Managing Editor
New Profit, national venture philanthropy organization has annoucned Shawn Dove has joined the non-profit as a managing partnerXPRIZE Announces the Five Finalists Shaping the Future of Work
LOS ANGELES--(BUSINESS WIRE)--XPRIZE, the world’s leader in designing and operating incentive competitions to solve humanity’s grand challenges, today announced that five teams are advancing to the finalist round of the $5M XPRIZE Rapid Reskilling competition, a three year competition reimagining the future of work and transforming how we train and educate workers. Launched in June 2020, XPRIZE Rapid Reskilling is sponsored by nonprofit venture philanthropy organization New Profit and in partneThe Future of Work Pulls Closer As $5M XPRIZE Rapid Reskilling Announces Semifinalist Teams
LOS ANGELES--(BUSINESS WIRE)--XPRIZE, the world’s leader in designing and operating incentive competitions to solve humanity’s grand challenges, today announced that 8 teams from 4 countries are advancing to the Semifinalist round of the $5M XPRIZE Rapid Reskilling competition, a three year competition reimagining the future of work and transforming how we train and educate workers. Launched in June 2020, XPRIZE Rapid Reskilling is sponsored by nonprofit venture philanthropy organization New Pr
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Frequently Asked Questions Regarding New Profit
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New Profit is a venture philanthropy organization that supports innovative social entrepreneurs focused on advancing equity and opportunity in America. They provide funding, capacity-building support, and access to a community of impact leaders to early-stage nonprofit organizations. Their investment areas include education, economic mobility, and... Read More
