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NEW VENTURE FUND

WASHINGTON, DCEIN: 20-5806345Website

Data sourced from IRS 990 public filings

NEW VENTURE FUND 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.

NEW VENTURE FUND has received 1,000 grants from 365 known foundation funders. Revenue decreased from $669,088,461 in 2023 to $662,364,100 in 2024. Most recent reported revenue: $662,364,100.

Annual Revenue

$662,364,100

Known Funders

365

Grants Received

1,000

Financial History

YearRevenueExpensesAssets
2024$662,364,100$723,042,837$624,857,462
2023$669,088,461$894,839,728$768,495,421
2022$755,584,165$825,032,231$1,036,457,607
2021$963,814,870$552,517,598$1,240,165,354
2020$975,483,022$658,874,215$822,949,241
2019$460,798,902$420,857,504$490,833,258
2018$405,281,263$373,007,693$422,572,828
2017$358,858,641$329,784,536$383,435,182

Top Funders

$119,192,500 (2021)
$51,106,913 (2021)
$46,876,000 (2023)
$34,312,189 (2022)
$28,925,000 (2021)
GATES FOUNDATION

SEATTLE, WA

$18,000,000 (2021)
$12,504,469 (2024)
$11,783,250 (2023)
$10,956,633 (2023)
GATES FOUNDATION

SEATTLE, WA

$10,000,000 (2021)

Showing top 10 of 365 funders.

Key Personnel

From 2024 IRS 990 filing

A

ADAM EICHBERG

BOARD CHAIR

Officer
K

KATHERINE MILLER

TREASURER AND VICE-CHAIR

Officer
T

TOM GIBIAN

SECRETARY

Officer
D

DARYN DODSON

BOARD MEMBER (THROUGH 2/2024)

H

HARRY DRUCKER

BOARD MEMBER

A

AKILAH MASSEY

BOARD MEMBER

V

VATSALA PATHY

BOARD MEMBER

C

CHUCK REDMOND

BOARD MEMBER

L

LEE BODNER

PRESIDENT

Officer
S

SHANNON SCOTT

CFO (THROUGH 9/2024)

Officer

Showing 10 of 16 key personnel.

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