From public IRS filings

New Venture Fund

WASHINGTON, DC · Environment

EIN (Tax ID): 20-5806345Latest Form 990: 2024IRS ruling year: 2007Find their 990 filing →

Built from IRS filings (latest Form 990: tax year 2024). New Venture Fund has not reviewed or approved this page. Kindora is not affiliated with it.

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Mission

NEW VENTURE FUND, A 501(C)(3) NONPROFIT ORGANIZATION, 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 TIMES, IN THE RIGHT PLACES TO ACCOMPLISH NEEDED CHANGE. TO ALLOW NONPROFIT LEADERS TO FOCUS ON THE WORK AT HAND, WE OFFER FISCAL SPONSORSHIP SUPPORT, WHICH MEANS WE PROVIDE TOOLS AND ADMINISTRATIVE SUPPORT, INCLUDING HUMAN RESOURCES, LEGAL, ACCOUNTING, AND COMPLIANCE SERVICES, ENABLING INITIATIVES TO GET OFF THE GROUND QUICKLY AND OPERATE MORE EFFICIENTLY.

Financials (IRS Form 990)

Total revenue
$662.4M
Total expenses
$723M
Total assets
$624.9M
Program expense ratio
95%

Source: IRS Form 990, tax year 2024.

Who funds New Venture Fund

$1.9B in foundation grants on record from 580 funders — matched from IRS 990 grant line items. Some matches may be approximate.

Leadership

LEE BODNER — PRESIDENT (Principal officer)

Names of officers and trustees come from the organization's public filings and leave this page when a later filing drops them. If you are named here and object, write to privacy@kindora.co.