What We Do


Our vision is to transform how nonprofits are funded by linking funding with results.

Clients & Services

NPX created a new donor fund model with an unparalleled advantage: linking funding with impact so that donors only donate if and when impact is achieved.

We create and manage NPX Donor Funds for a wide range of donors, including:

  • Philanthropists
  • Foundations
  • Family Offices
  • Community Foundations
  • Corporations & Corporate Foundations
  • Philanthropic Advisors
  • Wealth Managers
  • Donor Collaboratives

Funding Reimagined


The Last Mile Impact Security Case Study

September 30, 2021

In May 2018, NPX and The Last Mile launched the first-ever Impact Security, a results-based financing structure used to fund a coding-focused workforce development program inside San Quentin prison. The deal successfully concluded in April 2021. TLM achieved 113% of its impact target, resulting in maximum return for investors and results-based payments for donors.

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White Paper | The Impact Security: A Novel Financial Product That Links Financial Returns With Social & Environmental Impact

July 20, 2016

The Impact Security represents a powerful new way to fund impact using a standardized financial product that explicitly links capital with impact.  The standardization and transparency inherent in the Impact Security structure fosters integrity and promotes broader participation in the emerging impact investing and pay-for-success sectors.  By expanding the options of donors, investors and nonprofit organizations in an efficient, performance-focused way, the Impact Security will accelerate the growth of the impact market and market infrastructure, further transforming the way the world finances impact.

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