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 833 reported grant relationships connected to this organization totaling approximately $1.8B.

EIN: 205806345 WASHINGTON, DC Latest filing: 2024
Total Revenue$662.4M
Total Expenses$723.0M
Total Assets$624.9M
Grant Records833
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.

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

For grant recipient's exempt purposes
$757,746,215 9 grants
PUBLIC, SOCIETAL BENEFIT
$297,408,598 5 grants
IN FURTHERANCE OF GRANTEE'S TAX-EXEMPT PURPOSE
$95,731,200 3 grants
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
$65,264,890 1 grant
ENVIRONMENTAL AND ANIMALS
$56,933,765 7 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.

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