Associate, Portfolio - Catalyze

(Multiple states)
Full Time
Entry Level

POSITION: Associate, Portfolio
LOCATION: Boston, MA or Washington, DC


ABOUT NEW PROFIT
New Profit is a venture philanthropy organization that backs social entrepreneurs who are expanding access 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 its founding in 1998, New Profit has invested over $350M in 250+ organizations and, through the America Forward Coalition’s collective advocacy efforts, has unlocked over $1.9B in government funding for social innovation.

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. We primarily provide two levels of funding and strategic support to organizations in our portfolio: “Build Investments” and “Catalyze Investments.”

  • Catalyze Investments: Through our Catalyze Investments, we provide $100K unrestricted grants, strategic advice, and a peer learning community over one to two years (through a cohort-based model) to catalyze the innovations of organizations with leaders and focus areas that have been historically underinvested in by philanthropy
  • Build Investments: Through our Build Investments, we provide 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 an adaptive, collaborative, and analytic problem-solver, excited about social entrepreneurship and venture philanthropy. The associate will work on our Unlocked Futures Catalyze cohort and will also have additional responsibilities across the portfolio team, such as investment selection for other issue areas (e.g. Economic Mobility). As a key member of the Catalyze team, and supporting a cohort of organizations, the associate will engage in a wide range of activities including, but not limited to: 

  • Support design and execution of capacity-building events, virtually and in person, for cohorts of non-profit CEOs on topics such as strategy, board development, leadership, and more
  • Create materials for cohort communications, facilitation materials, and webinar content for cohort-facing events 
  • Develop and analyze surveys and elevate lessons learned from the implementation of cohort-facing programming 
  • Synthesize and share themes from convenings and events
  • Coordinate logistics for events such as with venues on materials, meals, etc., in partnership with our events associate
  • Participate and support the management of regular team meetings through notes taking, agenda setting, and summarizing key points
  • Engage in Investment Selection activities to build the pipeline and then vet and assess potential investments

In addition to activities directly related to Cohort support, the Associate may also support on special projects, for example: 

  • Synthesize key trends and insights from the field of Economic Mobility 
  • Compile data into cohesive and compelling presentations for donors, entrepreneurs, and others 
  • Provide project management support 

WHO WE’RE LOOKING FOR:

  • You know why and how you're committed to New Profit’s mission, social entrepreneurship, and social change
  • You’re an adept project manager capable of driving multifaceted workstreams toward deadlines and juggling changing priorities
  • You have sharp analytical skills that allow you to quickly assess situations, identify trends, develop insights and solutions, and apply learnings to a larger context
  • You’re a strong communicator, able to convey ideas in a clear, compelling, and concise manner, both verbally, in writing, and in slides
  • You’re flexible, easily able to pivot between tasks, teams, and work streams
  • You consistently deliver high-quality work and have a keen eye for details
  • You show up with a high level of interpersonal maturity and build strong relationships
  • You can learn and grow from mistakes and have the desire to constantly improve
  • You are interested in or have experience in the criminal justice field
  • You’re very comfortable using Microsoft Office and Google Suite programs, especially Excel and PowerPoint and have experience or willingness to learn new software and tools, e.g. project management

COMPENSATION & BENEFITS
The salary range for the Associate position will be $72,994 - $75,234 annually, with the exact salary depending on prior work experience and the assessment of one's fit for the role. Additionally, New Profit provides a suite of competitive benefits including health insurance, dental insurance, vision insurance, retirement benefits, and a generous PTO policy with an end-of-year holiday break.

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. Please no phone calls or direct emails

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