New Profit, in collaboration with the Deloitte Health Equity Institute, to Invest up to $1.6M in Sixteen Nonprofits Working in Mental and Behavioral Health Equity.
Donor Name: New Profit
State: All States
County: All Counties
Type of Grant: Grant
Deadline (mm/dd/yyyy): 01/13/2023
Size of the Grant: $100,000
Details:
Through this cohort, they are seeking to support organizations working to improve equity in mental and behavioral healthcare across the United States.
The goal is to build a cohort that reflects this vision. They aim to do this by investing in a range of different approaches to systems change, as well as a wide variety of different leaders – from those who are early in their career to those who have been working to address inequities in the mental healthcare system for years.
Through this cohort, up to sixteen innovative systems-change leaders and nonprofit organizations will receive a $100,000 unrestricted investment, in-kind capacity-building support, and participation in a peer learning community over the course of one year, starting in April 2023. They are seeking organizations specifically focused on advancing equity in mental and behavioral health, including through upstream factors that affect mental and behavioral health.
For this investment cycle, they will prioritize investing in racially and ethnically diverse people of color, emphasizing Black, Latina/o/x, and Indigenous Leaders. They are also interested in working to ensure the perspectives of women, non-binary, and rural-based social entrepreneurs are reflected in their cohort.
New Profit Catalyze Cohort Investment Model
New Profit’s Catalyze Investments offer a synergistic support model to innovative early-stage organizations, creating value across several dimensions. This includes a peer learning community in each cohort, one-to-one adaptive leadership coaching, consultations with external content experts, New Profit’s tested capacity-building framework and tools, as well as $100,000 in unrestricted support over one to three years.
Through various initiatives, New Profit’s team works to catalyze the innovations of organizations led by leaders from underrepresented communities. These initiatives include Civic Lab (democracy entrepreneurs), Postsecondary Innovation for Equity (postsecondary innovators), Unlocked Futures (entrepreneurs impacted by the American legal system), and Health Equity.
While each cohort has different needs, the base of New Profit’s capacity-building program consists of:
- Refining systems theory of change and connecting it to a compelling story of impact
- Assessing organizational strengths and capabilities and areas for improvement
- Building effective boards of directors
- Developing effective practices for managing teams and stakeholders
- Identifying effective practices for operational excellence in order to execute against organizational strategy (fundraising, finance, HR, and communications)
- 1-2 additional topics identified by cohort members as areas of need
Note: They prefer applications from organizations with an annual operating budget between $250K and $2 million. While we will review all applications regardless of budget, thry have found that Catalyze programming is most beneficial to organizations of this size, and we recommend that organizations with much smaller or much larger budgets do not apply.
Eligibility Criteria
Organizations applying to this cohort must fit the criteria listed below to apply. If your organization does not meet the eligibility criteria at this time but you would like to be notified of future funding opportunities, they recommend that you complete this optional form to submit your information. Additionally – they consider this application process as a crucial opportunity to learn from a broad set of leaders and organizations about how they define mental health equity and their approaches to increasing equitable mental health outcomes in our nation.
Note: They prefer applications from organizations with an annual operating budget between $250K and $2 million. While they will review all applications regardless of budget, they have found that Catalyze programming is most beneficial to organizations of this size, and they recommend that organizations with much smaller or much larger budgets do not apply
The eligibility criteria are as follows:
- 501c3 status:
- Organization or fiscal sponsor must be a 501(c)(3)
- Led by a social entrepreneur:
- Organization must be led by a Social Entrepreneur. They define a Social Entrepreneur (often the CEO or equivalent title) as both the leader and final decision-maker of an organization’s internal/external strategy, daily operations and financial decisions. Outside of your board, the buck stops with you. Social entrepreneur must also work for organization on a full-time basis by December 31, 2022, and plans to stay at the organization until April 30, 2024, the estimated end date for the programming.
- In operation for at least 2 years:
- Organization has been in operation for two years as of December 31, 2022
- Early-stage, but not seed-stage:
- Organization considers itself past seed-stage (i.e., already has a functional operating model and approach), but is still relatively early-stage in terms of organizational growth and capacity. This criterion is less about the actual age of your organization (in terms of # of years in operation), and more about the stage of growth that you feel you are at right now – especially with regards to any specific initiatives related to mental health equity.
- Not a previous New Profit grantee:
- Organization has not previously received funding from New Profit’s Build or Catalyze initiatives
- Working to address mental health equity:
- Organization’s programming works to achieve equity in mental health, including through upstream factors that affect mental health
- Willing to be an actively engaged cohort member over the course of one year:
- Catalyze cohorts work best when participants are fully engaged. They ask that Social Entrepreneurs commit to engaging in the following programming over the course of one year.
- monthly 1:1 coaching
- three in-person convenings (typically spread out over 2-3 days). The first convening will be held on May 9-11, 2023; they will work with the final cohort to schedule future programming.
- three 2-3-hour virtual learning sessions
- Catalyze cohorts work best when participants are fully engaged. They ask that Social Entrepreneurs commit to engaging in the following programming over the course of one year.
For more information visit Mental Health Equity.
