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: Verified by RoundPaper

FY 2024

Verified NonprofitLast Filed 2024EIN 20-5806345

New Venture Fund

WASHINGTON, DCNTEE: C05Founded 2006Website

mission statement

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.

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Total Revenue

$662.4M

FY 2024

Program Spending

94.7%

of total expenses

Known Funders

707

2019–2024 filings

Key Metrics (FY 2024)

The Numbers

$624.9M

Total Assets

$534.3M net

8.87 mo

Operating Reserves

FY 2024

Active Programs

FY 2024

732

Total Employees

FY 2024

Funding Track Record

Backed by 707 Institutional Funders

$3.9B raised across 4208 grants (2019–2024 filings)

Funder Geography

Funders across 43 states (2019–2024 filings)

Institutional Funding by Year

Funder	Location	Total Awarded
Fidelity Investments Charitable Gift Fund	BOSTON, MA	$551,696,227
Bill & Melinda Gates Foundation	SEATTLE, WA	$420,979,165
National Philanthropic Trust	JENKINTOWN, PA	$316,247,085
The Ford Foundation	New York, NY	$171,756,428
Silicon Valley Community Foundation	Mountain View, CA	$158,519,596
The William & Flora Hewlett Foundation	MENLO PARK, CA	$144,412,500
The Robert Wood Johnson Foundation	PRINCETON, NJ	$111,384,360
Freedom Together Foundation	NEW YORK, NY	$109,150,000
Chan Zuckerberg Initiative Foundation	PALO ALTO, CA	$105,050,000
Gordon E and Betty I Moore Foundation	Palo Alto, CA	$91,997,531

Total tracked: $3,862,210,048 across 4208 grants (2019–2024 filings)

Programs (FY 2024)

What They Do

$293.1M in expenses

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. Activities include grantmaking, communications, coordination among stakeholders, civic and media engagement, and public awareness campaigns.

$107.6M in expenses

NVF operates a variety of youth development and education-focused projects. These projects work in a range of areas to support the development of youth and improvement of education in the u.s., such as early learning in vulnerable populations, literacy, connected learning, support to teachers and other educational professionals, and advocacy for effective teaching practices and education reform. Activities include grantmaking, convenings, and strategic communications support.

$93.2M in expenses

NVF's environmental programs focus on a range of conservation, climate, and energy issues in the u.s. And abroad. These issues include ocean and river conservation, alternative energy resources and reduction of fossil fuels, protection of ocean life, wildlands conservation, ecological agriculture, and habitat restoration. Activities among these projects include grantmaking, communications, coordination among stakeholders, civic and media engagement, and public awareness campaigns.

$191.0M in expenses

Capacity-building: NVF capacity-building projects support the capacity development of grantees on issues related to civic engagement, economic opportunity, sustainability, and quality of life.health: NVF health projects connect stakeholders (including academia, local communities, activists, and policymakers) to support a variety of policy, systems, environmental, and public education related initiatives that promote equitable opportunities for good health.international development: NVF supports a variety of international development projects focused on improving the lives of millions globally through education, health, and economic opportunity. Activities include grantmaking, communications, coordination among stakeholders, and education efforts.

Financial History