ABOUT NEW PROFIT
New Profit is a nonprofit venture philanthropy organization that backs breakthrough social entrepreneurs who are advancing equity and opportunity in America. New Profit’s strategy focuses on building a breakthrough portfolio of grantee-partners to take on entrenched systemic challenges in America, including by driving resources and support to Black, Indigenous, and Latino/a/x social entrepreneurs who have unique proximity to solutions, but face stark racial funding disparities in philanthropy; and investing in social entrepreneurs with new systems change models across a range of issues. Learn more at www.newprofit.org.
The Portfolio Investing team’s focus is to identify and support a portfolio of organizations demonstrating outstanding performance in four key areas: impact, equity and proximity, leadership, and sustainability. Our role is to identify the most promising social entrepreneurs and organizations for investment, ensure that we are providing them with excellent capacity building support, and develop and continually refine a set of tools and processes that support our grantees and the portfolio team in capturing their progress and our value add.
New Profit is looking for a strategic, adaptive, collaborative, and analytic problem-solver excited about social entrepreneurship and venture philanthropy.
As a key member of the Portfolio Team, the Portfolio Associate will engage in a broad range of critical activities across team functions. The Portfolio team comprises the Investment Selection, Support & Learn, and Measurement & Reporting functions. Together, the team is responsible for identifying and selecting organizations into New Profit’s portfolio, providing line of sight into the health and performance of the portfolio to leadership and key stakeholders, and supporting senior portfolio staff in advising the Social Entrepreneurs and organizations they work with. The Portfolio Associate will provide strong project management, coordination and operational support across the team’s key functions. As part of the New Profit team, this position also plays an important role in supporting fundraising, network management, and enterprise management goals and objectives.
WHAT YOU WILL DO
Portfolio Measurement & Reporting:
Portfolio Investment Selection:
WHO YOU ARE
STARTING SALARY: We are currently hiring for Associate (starting salary: $47,500) and Senior Associate (starting salary: $62,500) level candidates. The level is commensurate with years of experience and skill set.
As an equal opportunity employer, New Profit recognizes the power of a diverse community and strongly encourages applications from individuals with varied experiences, perspectives, and backgrounds. The more inclusive we are, the better our work will be. New Profit offers a competitive salary and benefits, commensurate with experience and skills.
Applicants must be currently authorized to work in the United States for any employer.
This search is being led by NRG Consulting Group. Email firstname.lastname@example.org with any questions.
ABOUT NEW PROFIT
New Profit is a nonprofit venture philanthropy organization that backs breakthrough social entrepreneurs who are advancing equity and opportunity in America. New Profit’s strategy focuses on building a breakthrough…
Flexible PTO, 12 holidays, and Winter Rejuvenation break from Dec 24th - Jan 1st. Health care and dental coverage. Disability and life insurance. 3 months paid parental leave. Flex spending account. 401k matching. Commuter benefits and tech stipend.
Flexible PTO, 12 holidays, and Winter Rejuvenation break from Dec 24th - Jan 1st. Health care and dental coverage. Disability and life insurance. 3 months paid parental leave. Flex…