GrantAuthority

New Venture Fund

Grantmaking foundation in Washington, District of Columbia · EIN 20-5806345

Total giving
$460MTax year 2024
Total assets
$620MLatest reported
Latest IRS filing
2024Form 990 / 990-PF

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.

Quoted from the foundation's IRS filing.

Giving by year

$450M2020
$330M2021
$510M2022
$590M2023
$460M2024

Totals by tax year, rounded to two significant figures. Years without a reported total show the sum of grants itemized on the filing.

Top recipients

RecipientAmountTax year
Co Impact Philanthropic Funds Inc$60M2022
Sixteen Thirty Fund$35M2022
America Votes$21M2022
Massachusetts Institute of Technology$9.9M2022
Voter Registration Project$8M2022

Amounts are rounded. The full grantee list is available with a free account.

Website: newventurefund.org

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Similar foundations in District of Columbia

Source: IRS Form 990 and 990-PF filings, tax year 2024. Also see this organization on ProPublica Nonprofit Explorer.