NEW VENTURE FUND

WASHINGTON, DC, 20036-5109 (202) 595-1061 Est. 2006 EIN 20-5806345
C05 - Research Institutes & Public Policy Analysis 990 - Public charity return 501(c)(3)
www.newventurefund.org

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.

Giving Portfolio

Total Grants
4,903
Total Giving
$2.0B
Recipients
4,880
Years Active
2018 - 2024
Avg grant: $388,345 Median: $95,499

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
2024854$359.6M $421K382472
2023823$502.4M $611K314509
2022992$419.5M $423K571420
20201016$368.1M $362K634381
2019643$171.1M $266K366268
2018575$142.1M $247K5630

Sectors Funded

Civil Rights & Advocacy
588
Education
542
Human Services
371
Environment
355
Community Improvement
328
Public & Societal Benefit
244
International & Foreign Affairs
207
Philanthropy & Grantmaking
201
and 18 more sectors

Top States

District of Columbia
673
California
633
New York
573
Massachusetts
203
Pennsylvania
164
Illinois
149
Georgia
146
Texas
145
and 43 more states

Grantee Size Profile

$1M - $5M
1387
$10M - $50M
773
Over $50M
590
$5M - $10M
567
$500K - $1M
343
$100K - $500K
280
Under $100K
131

Top Grantees

Page 1 of 3
DC - 6 grants
$267.3M
$266.7M
DC - 6 grants
$90.1M
$56.4M
DC - 4 grants
$32.1M
$21.7M

Grants Awarded · 4225 grants

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Financials

Total Revenue
$662,364,100
Total Expenses
$723,042,837
Net Assets
$534,324,786
732 employees 400 volunteers
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
8.9 months Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↓ 1.0%
Expenses ↓ 19.2%
Revenue Sources
Contributions 94.9% Earned revenue 1.8% Investment 2.8%
Expense Breakdown
Program 94.7% Management 5.0% Fundraising 0.3%

Officers & Trustees (16)

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Filing History (6 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Jan 1, 2024 to Dec 31, 2024
$662,364,100 ↓$723,042,837$534,324,786
2023 990 - Public charity return
Jan 1, 2023 to Dec 31, 2023
$669,088,461 ↓$894,839,728$627,295,624
2022 990 - Public charity return
Jan 1, 2022 to Dec 31, 2022
$755,584,165 ↓$825,032,231$895,023,712
2020 990 - Public charity return
Jan 1, 2020 to Dec 31, 2020
$975,483,022 ↑$658,874,215$713,388,424
2019 990 - Public charity return
Jan 1, 2019 to Dec 31, 2019
$460,798,902 ↑$420,857,504$407,477,878
2018 990 - Public charity return
Jan 1, 2018 to Dec 31, 2018
$405,281,263 $373,007,693$371,491,214

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EIN: 20-5806345 · Source: IRS Form 990 e-file data