The New Executives Fund is an initiative of the Open Society Fellowship that aims to support newly appointed executive directors and chief executive officers who show promise to grow as leaders in fields that are central to Open Society’s core mission. Moreover, the New Executives Fund provides key support to new nonprofit heads to help organizations navigate leadership transitions.
The initial period during the appointment of a new executive can be the most challenging and simultaneously the most promising time for an organization. It is a period when new directors can bring fresh thinking to the organization and lead their staff into a meaningful phase of self-reflection.
Selected candidates will receive funds to support projects undertaken within the first 24 months of receiving a grant. Such support will allow new leaders to move forward with a new project early in the executive’s tenure. Moreover, the Open Society Foundation will provide the fellows with mentorship as well as guidance during the transition into the role.
To be eligible for the Open Society Initiative New Executive Fellowship program, the candidates must be nominated via the internal procedure. Moreover, the candidates should meet the profile of a fresh Executive Director or CEO. Further, the candidates may not self-nominate themselves for the fellowship. Nor, the foundation will review unsolicited applications.
New Executive Initiative Fellowship is available to candidates who receive the nomination internally. Candidates should, however, meet the eligibility criteria for nomination. Moreover, the candidates may apply for the fellowship after confirmation of their nomination.
The Open Society Foundation has not set a closing date for the New Executive Initiative Fellowship. However, the foundation encourages to apply for the fellowship early.