Public Charity

NEW VENTURE FUND

NEW VENTURE FUND is a nonprofit organization categorized as Public Charity based in WASHINGTON, DC. Its most recent IRS filing (2024) reports revenue of $662.4M, expenses of $723.0M, total assets of $624.9M. Imperigo tracks 859 reported grant relationships connected to this organization totaling approximately $1.8B.

EIN: 205806345 WASHINGTON, DC Research Institutes & Public Policy Analysis NTEE: C05 Latest filing: 2024
Total Revenue$662.4M
Total Expenses$723.0M
Total Assets$624.9M
Grant Records859
Funding Total$1.8B
Filing Years2019–2024

Mission

NEW VENTURE FUND, A 501(C)(3) NONPROFIT ORGANIZATION PROVIDING FISCAL SPONSORSHIP, AIMS TO HELP BUILD A JUST, EQUITABLE, AND SUSTAINABLE FUTURE BY GETTING THE RIGHT TYPES OF PHILANTHROPIC CAPITAL INTO THE HANDS OF PEOPLE WITH THE RIGHT IDEAS, AT THE RIGHT (CONT. SCHEDULE O) TIMES, IN THE RIGHT PLACES TO ACCOMPLISH NEEDED CHANGE.

Where $100 goes at New Venture Fund

How New Venture Fund divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$95 Programs the work itself
$5 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $95 for programs

$41
New Venture Fund's (nvf) civil rights, social, action, and advocacy portfolio aims to protect human rights, social freedom, and equality while fostering public engagement on these important issues
43% of program spending
$26
Capacity-building
28% of program spending
$15
Nvf operates a variety of youth development and education-focused projects
16% of program spending

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2025
GRANT, EXPANDING RURAL GUIDED PATHWAYS GRANT, SCALING THE LEADERSHIP ACADEMY FOR STUDENT SUCCESS GRANT, PLANNING GRANT TO DEVELOP SUPPORT STRUCTURES FOR COMMUNITY COLLEGES TO OPTIMIZE SUPERVISOR PATHWAYS TRAVEL GRANT - RURAL SUMMIT 2025
$1,862,250
2025
GENERAL OPERATING SUPPORT
$1,000,000
2025
PROJECT BULLHORN SUPPORT
$300,000
2025
STRATEGIC GRANT
$150,000
2025
Program Support
$50,000

Showing up to 5 of 859 total records — full history available with membership.

Officers & Directors

BOARD CHAIR Adam Eichberg
BOARD MEMBER Akilah Massey
PROJECT PRESIDENT Amie Batson
GENERAL COUNSEL Andrew Schulz
PROJECT DIRECTOR Camilla Seth
BOARD MEMBER Chuck Redmond

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$1,452,898,608 451 grants
Animal Welfare
$96,905,204 13 grants
Civil Rights & Social Justice
$59,028,189 67 grants
Human & Social Services
$35,021,617 23 grants
Education
$30,519,166 58 grants

Financial Trends

Year Revenue Expenses Assets
2024 $662.4M $723.0M $624.9M
2023 $669.1M $894.8M $768.5M
2022 $755.6M $825.0M $1.0B
2020 $975.5M $658.9M $822.9M
2019 $460.8M $420.9M $490.8M

Between 2019 and 2024, reported annual revenue grew from $460.8M to $662.4M (+44%), with total assets most recently reported at $624.9M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for NEW VENTURE FUND

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