New Profit Invests in 16 Organizations Advancing Economic Mobility in 2026

New Profit is excited to welcome 16 organizations to our 2026 Economic Mobility Catalyze Cohort, providing funding and advisory support to organizations expanding access and opportunity in America.

Each organization will receive $100,000 in unrestricted funding and $10,000 for leadership development, alongside strategic advisory support. Over the next year, cohort members will build relationships with one another and tackle key leadership and organizational opportunities and challenges through in-person convenings and virtual sessions.

Launched in 2022, New Profit’s Economic Mobility Catalyze Cohorts have invested in 40 cutting-edge organizations implementing transformative strategies that improve pathways to income generation, tackle barriers to economic opportunity, and promote financial health and wealth creation in underinvested communities. 

Organizations in the incoming cohort are working across the country to advance economic opportunity, utilizing diverse program models and approaches to drive systemic change wherever they work. 

Meet The Cohort

• 3rd Decade’s mission is to change the financial future of young adults in and around their 3rd decade of life with free financial education, sustained mentoring, and a financial plan to help them achieve financial capability.

• Community Financial Resources’ mission is to provide pathways to financial well-being and economic justice with safe and reliable financial products for low-wealth communities, connecting low-income and financially vulnerable households with consumer-friendly banking products and financial planning tools to build wealth.
  

• DivInc’s mission is to generate social and economic equity through entrepreneurship, focusing on unlocking access, belief, and traction for underestimated entrepreneurs and student innovators to thrive, lead and shape the future economy.

• Empowerment Avenue Society’s mission is to normalize the inclusion and compensation of incarcerated writers and artists in mainstream venues by bridging the gap between them and harnessing this creative proximity as a path to decarceration and public safety.

• Empowr Co.’s mission is to build school-to-career pathways that drive economic mobility for underserved youth by teaching high school students software development, entrepreneurship, and financial literacy. 

• Freedmen Heirs Foundation’s mission is to empower Black and underserved farmers to build generational wealth by expanding market access, providing technical assistance, and enhancing financial resilience.

• G{Code}’s mission is to create inclusive pathways into tech by providing low income, underserved women and nonbinary people of color ages 18-25 with the tools, training, and community they need to thrive.

• Growing Hope’s mission is to foster an equitable and sustainable local food system where all people are empowered to grow, sell, buy, prepare, and eat nourishing food.

• Migrant Justice’s mission is to build the voice, power, and capacity of the immigrant farmworker community in Vermont and beyond to organize for human rights and economic justice.

• Nashville Business Incubation Center’s mission is to cultivate the growth and development of small business owners, with a focus on women, minorities, and veterans, through 360-degree business support, knowledgeable mentors, and a results-driven curriculum. 

• Partnership for Housing Affordability’s mission is to champion policies, developments, and programs to increase the supply and availability of quality affordable housing in the Richmond, Virginia region.

• Refugee Community Partnership’s mission is to design interventions that improve and protect the health and safety of refugee and migrant residents in the South, mobilizing institutions to eliminate language-based barriers to employment and transform their hiring practices, while supporting workers in maintaining their rights and securing fair pay in the workplace.

• Resilient Coders’ mission is to train exceptional, underrepresented Black and Brown talent for high-growth careers in software engineering.

• Reviving the Islamic Sisterhood for Empowerment’s mission is to amplify the voice and power of Muslim women through leadership development, economic empowerment, storytelling, and civic engagement, centering women who have been historically excluded from economic and political opportunity.

• StitchCrew’s mission is to build a more equitable economy by closing systemic opportunity gaps for women and minority entrepreneurs and professionals, providing culturally responsive programs, mentorship, and access to capital to help underrepresented founders scale their businesses and to support women navigating career transitions, caregiving, and leadership advancement.

• West Virginia Women Work’s mission is to support and advocate for the education, employment, and economic equity of all women by providing hands-on training, industry-recognized credentials, and barrier-removal support to unemployed and underemployed women, especially those impacted by poverty, limited education, and lack of work experience.

Stay up to date on these organizations and our full portfolio by subscribing to New Profit’s newsletter. Entrepreneurs in this cohort will also have the opportunity to share more about their work through our ongoing Social Entrepreneur Spotlight series. Learn more about New Profit’s funding opportunities here. 

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 philanthropy pursues social change to ensure that all people can thrive. Since its founding in 1998, New Profit has invested over $350M in 275+ high-impact organizations.