New Profit Inc
Grantmaking foundation in Boston, Massachusetts · EIN 04-3396766
- Total giving
- $31MTax year 2025
- Total assets
- $120MLatest reported
- Latest IRS filing
- 2025Form 990 / 990-PF
Mission
NEW PROFIT INC. IS A NONPROFIT SOCIAL INNOVATION ORGANIZATION AND VENTURE PHILANTHROPY FUND SEEKING TO INCREASE SOCIAL MOBILITY FOR FAMILIES AND COMMUNITIES BY ACCELERATING THE BEST IDEAS ACROSS THE NATION. THE ORGANIZATION COLLABORATES WITH A DIVERSE GROUP OF INVESTORS AND PARTNERS FROM ACROSS SECTORS TO ADVANCE SOCIAL INNOVATIONS AND DRIVE SYSTEMIC CHANGE, ULTIMATELY TRANSFORMING THE LIVES OF CHILDREN, FAMILIES, AND COMMUNITIES.
Giving by year
Totals by tax year, rounded to two significant figures. Years without a reported total show the sum of grants itemized on the filing.
Top recipients
| Recipient | Amount | Tax year |
|---|---|---|
| Braven Inc | $1.7M | 2024 |
| Girl Trek Incorporated | $1M | 2024 |
| The Health Initiative | $1M | 2024 |
| Transcend Inc | $750K | 2024 |
| America on Tech Inc | $380K | 2024 |
Amounts are rounded. The full grantee list is available with a free account.
Website: www.newprofit.org
See the full profile. All grants with amounts and years, board and officers, contact details, giving patterns and your organization's fit score are available with a free GrantAuthority account.
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Source: IRS Form 990 and 990-PF filings, tax year 2025. Also see this organization on ProPublica Nonprofit Explorer.