It starts with possibility.
Because when people and communities see possibility, they are empowered by the act of choice. From choice comes mobility, and where there is mobility, change unfolds.
New Coast Foundation was founded in 2016 as a public philanthropic venture fund to accelerate the impact of promising emerging organizations working to bring possibility to the communities and people of our city. By targeting the emerging stage of organizational development, we are also helping mitigate a funding gap that exists within the competitive nature of philanthropic funding.
Through our Investment Readiness approach, we identify emerging organizations that are demonstrating success, and, with the infusion of an investment to accelerate impact, help multiply their efforts to grow and influence meaningful change for Chicago. This point of view is reflected in our Theory of Change, which describes the impact of our work.