Who funds New Profit Inc?
16 private foundations reported grants to New Profit Inc in Boston, Massachusetts totaling $9.0 million across 20 grants in tax years 2023 to 2025. The largest funder was Gates Foundation, with $5.3 million.
From the funders' IRS Form 990-PF filings.
- Foundation funders16
- Grants reported20
- Total received$9.0 million
- Funders taking applications4
Foundations that fund New Profit Inc
| Foundation | Purpose given | Grants | Amount |
|---|---|---|---|
| Gates Foundation | K-12 education; postsecondary education | 4 | $5.3 million |
| The Allstate Foundation | New profit general operating support | 2 | $1.0 million |
| Arrow Impact | General operating support | 1 | $1.0 million |
| Walton Family Foundation Inc | To support the Post-Secondary Innovation and Equity Fund to build the capacity of proximate entrepreneurs who will reshape the education to employment system. | 1 | $500,000 |
| The Edgerley Family Foundation | Support-general fund | 1 | $450,000 |
| Howard P Colhoun Family Foundation Inc | For the exempt function of the organization | 1 | $212,500 |
| Stranahan Foundation | Support efforts to implement, improve, and evaluate initiative level activities related to the ecso initiative. | 1 | $150,000 |
| The McCance Foundation | General Support | 1 | $100,000 |
| Tower Family Fund Inc | General support | 1 | $100,000 |
| Pannell Family Foundation | To support the mission of the organization | 1 | $100,000 |
| M K Reichert Sternlicht Foundation | General & Unrestricted | 1 | $50,000 |
| Burnham Family Foundation | General & Unrestricted (see general explanation) | 1 | $24,842 |
| T Rowe Price Foundation | Financial well-being | 1 | $10,000 |
| Perry & Donna Golkin Family Foundation | General purpose | 1 | $5,000 |
| Schultz Family Foundation | Further charitable goals | 1 | $5,000 |
| The Morgridge Family Foundation | General & Unrestricted | 1 | $1,375 |
Using this list
A foundation that already gives to New Profit Inc gives in its field and region, so the list doubles as a prospect list for similar organizations in Boston. Open a foundation to see its application rules, typical grant and every other grant it paid.
Questions people ask
Who funds New Profit Inc?
Gates Foundation, The Allstate Foundation, Arrow Impact, Walton Family Foundation Inc and The Edgerley Family Foundation, and 11 more, according to their IRS Form 990-PF filings.
How much does New Profit Inc get from foundations?
$9.0 million in 20 reported grants from 16 private foundations in tax years 2023 to 2025. Government grants and gifts from individuals are not included.
Which of these funders accept applications?
Gates Foundation, The Allstate Foundation, T Rowe Price Foundation and Schultz Family Foundation say in their filings that they accept applications.