
Giving Compass
Feb 13, 2019
What do Teach For America, KIPP, Year Up, Jumpstart, Management Leadership for Tomorrow, BELL, iMentor, College Advising Corps all have in common, aside from being high-impact, nationally-scaled organizations?
Each got an early boost as part of the grantee portfolio at New Profit, a venture philanthropy organization founded in 1998. New Profit’s venture philanthropy model, which helped introduce principles and methods of for-profit investing and consulting into social impact, has grown into a popular vehicle for individual and institutional philanthropists looking for a different approach to giving and changemaking.
Founded by serial social entrepreneur Vanessa Kirsch as one of the first venture philanthropy organizations, New Profit has been a longtime leader in the space, helping catalyze more than 110 social entrepreneur-led (more than 50 currently), early-to-mid stage organizations with unrestricted funding, expert strategic advice, and ecosystem supports. [CLICK HERE TO READ FULL ARTICLE]