The premise of the program is simple—we treat nonprofit startups almost exactly like for-profits. Nonprofits get $100k of funding and go through the standard Y Combinator program, participating side by side with for-profits. We help the founders focus on relentlessly growing a key metric and on making something people want.

Many people have asked us: how do you choose nonprofits to fund?

We consider four key factors:

  • Team
  • Big problem + big solution
  • Provable or promising program
  • Y Combinator fit

Lastly, culturally we believe the best nonprofits will be transparent, and that this transparency will speed up innovation across organizations.

Read the full article by Robby Walker on Y Combinator