Associate Partner, Catalyze

Boston, MA
Full Time
Experienced

ABOUT NEW PROFIT
New Profit is a venture philanthropy organization that backs social entrepreneurs who are advancing equity and opportunity in America.  New Profit exists to build a bridge between these leaders and a community of philanthropists who are committed to catalyzing their impact.  New Profit provides unrestricted grants and strategic support to a portfolio of organizations led by visionary social entrepreneurs to increase their impact, scale, and sustainability.  It also partners with social entrepreneurs and other cross-sector leaders to shift how government and philanthropy pursue social change to ensure that all people can thrive.  Since it founding in 1998, New Profit has invested $325+ million in more than 165 early-and later-stage social enterprises.  Learn more about New Profit here.

In 2014, we created New Profit’s Catalyze Investments to address the significant lack of investment in organizations with leaders and focus areas that have historically been underinvested in, such as democracy reform and criminal justice. Through Catalyze Investments, we identify and invest in high potential early-stage organizations led by diverse social entrepreneurs working in historically underinvested areas. We also build organizations’ capacity to accelerate their growth and transition to mid-stage organizations. To date, we have supported 88 organizations across over 10 cohorts and have deployed $6M+ in direct investments. 

INVESTING AND CAPACITY BUILDING AT NEW PROFIT
New Profit stands shoulder-to-shoulder with social entrepreneurs in support of their vision, with a specific focus on helping them build the capacity of their organizations in four areas: 1) Impact 2) Equity & Proximity, 3) Adaptive Leadership, and 4) Sustainability. 

Catalyze Investments offers a synergistic support model to work with and towards the needs of each organization, creating value across several dimensions. This includes a peer learning community in each cohort, 1:1 personal coaching for the social entrepreneur, consultations with external content experts, and New Profit’s tested capacity building framework and tools, as well as $100,000 in unrestricted support. 

Catalyze investments sits alongside Build Investments. Through our Build Investments, New Profit provides grantee-partners a $1M+ multi-year, unrestricted grant and deep advisory support. A dedicated New Profit Deal Partner serves as a trusted advisor to the social entrepreneur and as a member of the organization’s board of directors. Our support is geared towards building the leadership capacity of social entrepreneurs, boards, and senior teams and their ability to make strategic choices as they navigate change and growth.

POSITION OVERVIEW
New Profit seeks to hire an Associate Partner for our Catalyze Investments team. The Associate Partner would work closely with the Partner to manage and support multiple cohorts of early to mid-stage organizations advancing civic engagement and reforming the American justice legal system. This individual should have an interest in racial equity, organizational development, social entrepreneurship, and philanthropy.

As a key member of the Catalyze Investments Team, the Associate Partner will engage in a broad range of activities. These include supporting critical elements of relationship and project management; developing cohort-based capacity-building programming including in-person and virtual convenings; managing a network of alumni organizations; and supporting the creation of frameworks and tools to codify knowledge and best practices. The Associate Partner will assist in continuing to improve our Catalyze Investment strategy to ensure that we meet our goal of investing in focus areas that are commonly underrepresented in philanthropy with 80% of investments going to organizations led by leaders of color. 

Core responsibilities include but are not limited to:

Investment Selection 

  • Manage application review and diligence for prospective investments for the Catalyze portfolio
  • Provide support and insight throughout the decision making process; and 
  • Assess organizations on leadership, impact, scalability, and overall fit

Capacity Building Support and Learning Community Management of Civic Lab and Unlocked Futures cohorts

  • Cultivate strong relationships with social and democracy entrepreneurs to learn and align with their vision for impact and their leadership; 
  • Design and manage learning communities for social entrepreneurs and other stakeholders such as Adaptive Leadership coaches and external partners; and
  • Oversee the planning and execution of high-quality cohort-based capacity-building programming in the form of virtual and in-person convenings that leverage New Profit’s insights and pattern recognition about organization development and growth. 

Thought Partnership and Team Management: 

  • Partner with other members of the Catalyze Investments team and the broader organization to capture and disseminate insights to share with the field; 
  • Provide overall team management and oversight of Catalyze operations;
  • Continually seek opportunities to improve Catalzyze’s strategy, investment selection and capacity building programing. 

In addition to their core responsibilities as an Associate Partner, the individual should also anticipate to contribute to border organization-wide priorities.  

WHO YOU ARE

  • Seven to ten years of relevant professional leadership experience (e.g. nonprofits, philanthropy, management consulting, venture capital);
  • Committed to racial equity and with a deep interest in organizational development, social entrepreneurship, and philanthropy;
  • Demonstrated ability to work independently in a fast-paced environment, simultaneously lead multiple projects and effectively prioritize time and tasks;
  • Ability to communicate effectively with a wide range of stakeholders, both oral and written; 
  • Creative, learning-oriented problem solver; 
  • Effective at cultivating internal and external relationships and collaborative work environments; 
  • Highly organized and detail-oriented; 
  • Adaptable and able to manage multiple, changing priorities and stakeholders; 
  • Collaborative team player willing to go above and beyond their job description for the success of New Profit and its portfolio of investments; 
  • Engaging, clear verbal and written communication skills; and
  • Mastery of Microsoft Office programs specifically Word, Excel, and PowerPoint.  

STARTING SALARY: $105,000

HOW TO APPLY
To apply for this position, please go to New Profit’s Career page.  Please submit a resume and a thoughtful cover letter addressed to Lavon Fairclough.

 

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.

New Profit prioritizes the safety of its employees, and as a result, requires proof of COVID-19 vaccination(s) as a term of employment for all employees.  The organization may make exceptions to this requirement in certain limited circumstances for medical or religious reasons.

   

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