Grantmakers
NMC Foundation’s work is possible because of you.
It’s one thing for us to tell you. It’s another thing for us to show you. NMC Foundation hosts Grantmaker Site Visits to provide potential funders with an opportunity to experience our programming in real life. These are observational visits where potential funders can sit in on live programs, either in person or via Zoom. To schedule a GSV, please complete this form and we’ll be in touch.
Partners
New Majority Capital Foundation is pleased to work with the below partners and grantmakers:
JPMC - Multi-project partnership
J.P. Morgan Chase has partnered with NMCF to scale bETA nationally, launch the NMC Dinner Series, and conduct ETA research within underrepresented populations.
Papitto Foundation with bETA PVD
The Papitto Opportunity Connection sponsored the first cohort of bETA in Rhode Island in 2023. This began NMCF’s journey of training and sponsoring over 100 NMC Fellows in their ETA paths.
Common Futures with PAL Fund
Common Futures provided funding for seeded New Majority Capital Foundation’s PAL Fund (pre-acquisition loan) – a revolving $100K line of credit offered at 0% interest to searchers to cover acquisition closing costs.
FAQ
We’re here to help. Reach out with more questions.
Yes, we are a 501(c)(3) organization headquartered in Massachusetts.
We seek multi-year funding to run our programs, with most grants having a minimum 3-year commitment. In lieu of multi-year funding, we welcome one-time unrestricted funding.
Yes, NMC Foundation conducts pilot programs in specific geographical areas. Please email beta@newmajoritycapital.com to discuss.
Yes, multiple organizations can fund a single cohort. Please email beta@newmajoritycapital.com to discuss next steps.
Succession Ready operates nationally and bETA has 10 target cities:
- Atlanta
- Baltimore
- Boston
- Chicago
- Houston
- Minneapolis
- New York
- Oakland
- Providence
- Washington DC
Yes, please email beta@newmajoritycapital.com to discuss.
Yes, please email beta@newmajoritycapital.com to discuss.
Yes, though all programmatic activity will occur within the United States.
NMC Foundation measures impact based on the realized increase in wealth as a result of acquisitions. Subsequently, we track and monitor:
- Entrepreneur net worth on Day 1
- Entrepreneur net worth over 5 years post acquisition
- Percent of cohorts that acquire within 12 months
- Cohort success across social factors such as incarceration, homelessness, and poverty.
NMC executes programming within 6 months of receiving funding. All programs occur between February and November.
Thank you, please email beta@newmajoritycapital.com to initiate this introduction.
