Does New Profit already have a list of Pathways Fund grantees prepared or will the organization conduct an open selection process to find grantees?
As part of New Profit’s application to the SIF, we competitively pre-selected College Summit, iMentor, and Year Up for the Pathways portfolio because of their innovative approaches for addressing issues surrounding youth development with a history of measurable results. College Summit, iMentor, and Year Up were selected by New Profit based on our established open and competitive investment selection process along with updated benchmarking data. On February 23, 2011, New Profit announced announced new grants to three organizations to add to the Pathways Fund. Read our official announcement, and learn more about the the Pathways portfolio.