Nearly all the work we do at New Profit involves deep, authentic collaboration; indeed, it’s at the core of the entire MIC (multiracial, intergenerational, cross-sector) ethos.
The New Profit community has been so fortunate to have the support and collaboration of Deloitte over the last 10 years (and more, if you consider that our original partnership with the Monitor Group, which was forged at New Profit’s founding, continued after Monitor was acquired by Deloitte in 2013).
Our collaboration with Deloitte continues to bring something rare and valuable to social entrepreneurs across our portfolio: provide leading strategic support that can help great ideas and leaders achieve greater impact for constituents and communities.
At the center of this work are the people and teams at Deloitte who have committed themselves to New Profit’s mission, the MIC, and the generational work of systems change:
- New Profit’s new Board Chair, Steve Jennings, spent more than 30 years at Monitor Group and Deloitte; and his colleagues Kwasi Mitchell (Chief Purpose and DEI Officer) and Stacy Janiak (Global Deputy Chief Executive Officer) are also board members guiding and advising New Profit as we advance our work.
- In 2022, Deloitte announced a 10-year, $1.5 billion social impact investment in equity initiatives to help address key barriers to social and economic prosperity. As part of this investment, Deloitte has deepened its commitment with New Profit through work with the Monitor Institute by Deloitte and the Deloitte Health Equity Institute to further our shared equity agenda.
- The focus of our work continues to involve collaboration between New Profit Deal Partners and Deloitte case teams to provide grantee-partners with support to strengthen leadership and board development, monitoring and evaluation, financial sustainability, impact modeling, and growth strategy.
- We also continue to collaborate with Deloitte to drive innovation in philanthropy through The Well, other convenings, and research and publications to benefit leaders across social impact ecosystem.
Deloitte’s Service Corps program has connected talented Deloitte employees with dozens of New Profit’s Catalyze organizations throughout the years of our collaboration. Most recently program members have worked to address discrete projects with Black Cultural Zone, America On Tech, Ever Forward, Central Valley Scholars, Asian Girls Ignite, Parent Teacher Home Visits, Mentoring in Medicine and Science, Calculus Roundtable, Juntos, and Live Again Fresno. Additionally, Deloitte engages in larger-scale pro bono work with Build organizations including 4.0 Schools, Instruction Partners, Pivot Learning, and Think of Us. In total, Deloitte and New Profit have collaborated on 52 unique projects over the last ten years.