New Venture Fund

Organization Overview

New Venture Fund is located in Washington, DC. The organization was established in 2007. According to its NTEE Classification (C05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Environment and related organizations. As of 12/2019, New Venture Fund employed 687 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 12/2019, New Venture Fund generated $460.8m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 7.7% each year. All expenses for the organization totaled $420.9m during the year ending 12/2019. While expenses have increased by 14.4% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, New Venture Fund has awarded 3,767 individual grants totaling $852,776,031. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2019

Describe the Organization's Mission:

Part 3 - Line 1

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.

Describe the Organization's Program Activity:

Part 3 - Line 4a

NEW VENTURE FUND'S (NVF) CIVIL RIGHTS, SOCIAL ACTION, AND ADVOCACY PORTFOLIO SPANS A BROAD SPECTRUM OF PROJECTS, INCLUDING THOSE WHICH SEEK TO PROTECT THE RIGHTS OF CITIZENS TO POLITICAL AND SOCIAL FREEDOM AND EQUALITY, INSPIRE AND IMPLEMENT NEW IDEAS AND PROCESSES FOR THE BETTERMENT OF SOCIETY, AND FOSTER PUBLIC PARTICIPATION IN THE DEBATE ON IMPORTANT SOCIAL ISSUES TO ENSURE THAT COMMUNITIES HAVE A VOICE IN PUBLIC POLICIES THAT IMPACT THEIR LIVES.


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.


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. OUR WORK PRIMARILY INCLUDES GRANTMAKING, CONVENINGS, AND STRATEGIC COMMUNICATIONS SUPPORT.


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.INTERNATIONAL DEVELOPMENT - NVF SUPPORTS A VARIETY OF PROJECTS FOCUSED ON IMPROVING THE LIVES OF MILLIONS GLOBALLY THROUGH EDUCATION, HEALTH, AND ECONOMIC OPPORTUNITY.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 FOR ALL.


NEW VENTURE FUND'S (NVF) CIVIL RIGHTS, SOCIAL ACTION, AND ADVOCACY PORTFOLIO SPANS A BROAD SPECTRUM OF PROJECTS, INCLUDING THOSE WHICH SEEK TO PROTECT THE RIGHTS OF CITIZENS TO POLITICAL AND SOCIAL FREEDOM AND EQUALITY, INSPIRE AND IMPLEMENT NEW IDEAS AND PROCESSES FOR THE BETTERMENT OF SOCIETY, AND FOSTER PUBLIC PARTICIPATION IN THE DEBATE ON IMPORTANT SOCIAL ISSUES TO ENSURE THAT COMMUNITIES HAVE A VOICE IN PUBLIC POLICIES THAT IMPACT THEIR LIVES.


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.


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. OUR WORK PRIMARILY INCLUDES GRANTMAKING, CONVENINGS, AND STRATEGIC COMMUNICATIONS SUPPORT.


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.INTERNATIONAL DEVELOPMENT - NVF SUPPORTS A VARIETY OF PROJECTS FOCUSED ON IMPROVING THE LIVES OF MILLIONS GLOBALLY THROUGH EDUCATION, HEALTH, AND ECONOMIC OPPORTUNITY.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 FOR ALL.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Arabella Advisors Llc
Admin., Operations & Management Services
$23,261,222
Purpose Campaigns Llc
Consulting Services
$2,706,679
Dci Group Az Llc
Consulting Services
$1,638,000
Arabella Advisors Llc
Admin., Operations & Management Services
$23,261,222
Commonhealth Action
Consulting Services
$1,760,560
Purpose Campaigns Llc
Consulting Services
$2,706,679
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $10,000
All other contributions, gifts, grants, and similar amounts not included above$449,997,353
Noncash contributions included in lines 1a–1f $15,362,823
Total Revenue from Contributions, Gifts, Grants & Similar$450,007,353
Total Program Service Revenue$3,902,750
Investment income $4,554,888
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $838,645
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $460,798,902

Grants Awarded

Over the last fiscal year, New Venture Fund has awarded $342,282,664 in support to 1,286 organizations.

Grant RecipientAmount

SIXTEEN THIRTY FUND

Org PageRecipient Profile

Washington, DC

PURPOSE: CAPACITY BUILDING

$33,013,025

SIXTEEN THIRTY FUND

Org PageRecipient Profile

Washington, DC

PURPOSE: CAPACITY BUILDING

$33,013,025

MASSACHUSETTS INSTITUTE OF TECHNOLOGY

Org PageRecipient Profile

Cambridge, MA

PURPOSE: TECHNOLOGY AND INNOVATION

$10,540,000

MASSACHUSETTS INSTITUTE OF TECHNOLOGY

Org PageRecipient Profile

Cambridge, MA

PURPOSE: TECHNOLOGY AND INNOVATION

$10,540,000

THE REGENTS OF THE UNIVERSITY OF CALIFORNIA

Org PageRecipient Profile

Los Angeles, CA

PURPOSE: YOUTH DEVELOPMENT AND EDUCATION

$5,486,593

THE REGENTS OF THE UNIVERSITY OF CALIFORNIA

Org PageRecipient Profile

Los Angeles, CA

PURPOSE: YOUTH DEVELOPMENT AND EDUCATION

$5,486,593
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 50 grants that New Venture Fund has recieved totaling $32,577,594.

Awarding OrganizationAmount
The Susan Thompson Buffett Foundation

Omaha, NE

PURPOSE: PROJECT SUPPORT

$4,000,000
The Susan Thompson Buffett Foundation

Omaha, NE

PURPOSE: PROJECT SUPPORT

$4,000,000
The Susan Thompson Buffett Foundation

Omaha, NE

PURPOSE: PROJECT SUPPORT

$4,000,000
The Susan Thompson Buffett Foundation

Omaha, NE

PURPOSE: PROJECT SUPPORT

$4,000,000
The Susan Thompson Buffett Foundation

Omaha, NE

PURPOSE: PROJECT SUPPORT

$2,734,498
The Susan Thompson Buffett Foundation

Omaha, NE

PURPOSE: PROJECT SUPPORT

$2,734,498
View Grant Recipient Profile

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