Cause IQ organization profile

New Venture Fund

Program areas | Form 990s | Financials | Vendors | Personnel | Peers

New Venture Fund is a public sector improvement organization based in Washington, DC that was founded in 2006. As of 2019 they had $405 million in revenue and $422 million in assets.

Founded in october 2006, the New Venture Fund ("nvf") is a 501(c)(3) public charitable organization dedicated to supporting innovative and effective public interest projects. The organization currently manages programs, provides fiscal sponsorships to...

Type:
501(c)(3)
NTEE:
Revenue:
$405,281,263
Assets:
$422,572,828
Employees:
623
Fiscal year end:
December
Revenue trends:
Asset trends:

Program areas at New Venture Fund

Nvf's 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 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.

Nvf's environmental programs focus on a range of conservation, climate, and energy issues in the u.s. and abroad. These issues include oceanand river conservation, alternative energy sources and reduction offossil 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.

Form 990s for New Venture Fund

Fiscal year endingDate received by IRSFormPDF link
2018-12Jan 31, 2020990View PDF
2017-12Mar 15, 2019990View PDF
2016-12Jan 18, 2018990View PDF
2015-12Apr 14, 2017990View PDF
2015-12Mar 3, 2017990View PDF
...and six more Form 990 PDFs

Financials for New Venture Fund

Field2018
Total grants, contributions, etc.$394,964,720
Program services$6,939,138
Investment income and dividends$2,403,729
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$203,126
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$770,550
Total revenues$405,281,263

Vendors for New Venture Fund

VendorServicesAmount paidDate
Microsoft ServicesSoftware2020-12-02
██████Fundraising software2020-11-24
███████ ███ ████Fundraising software; Payment processing2020-11-24
█████████Content management system software2020-11-24
███ ██ ███Tax accounting2020-01-31
███ ██████████ █████ ███Consulting$18,9482020-01-31
███ █████ ██ ███Consulting$21,9232020-01-31
████████ ████████Management Consulting Services$189,2032020-01-31
...and 20 more vendors

Personnel at New Venture Fund

NameTitleCompensationMost recent data
Lee BodnerPresident$267,850Jan. 31, 2020
Wil PriesterChief Financial Officer$0Dec. 31, 2018
██████ ██████Project Director$307,845Dec. 31, 2018
██████ ██████General Counsel$25,965July 17, 2019
█████ ███████Senior Director-July 17, 2019
████ ████████Board Chair$0Dec. 31, 2018
████ ███████Secretary$0Dec. 31, 2018
█████████ ██████Treasurer and Vice Chair$0Dec. 31, 2018
██████ ████████Past Chief Financial Officer$0Dec. 31, 2016
...and one more key personnel

Peer public sector reform and improvement organizations

 NameTypeRevenueLocation
1National Endowment for Democracy501(c)(3)$197 millionWashington, DC
2Special Olympics501(c)(3)$135 millionWashington, DC
3DKT International (DKT)501(c)(3)$210 millionWashington, DC
4AARP Foundation501(c)(3)$282 millionWashington, DC
5NeighborWorks America501(c)(3)$172 millionWashington, DC
6National Fish and Wildlife Foundation (NFWF)501(c)(3)$287 millionWashington, DC
7Population Services International (PSI)501(c)(3)$529 millionWashington, DC
8Children's Hospital Foundation501(c)(3)$114 millionWashington, DC
9The Colorado Health Foundation501(c)(3)$107 millionDenver, CO
10Orbis International501(c)(3)$245 millionNew York, NY
11County Coordinating Councils on Developmental Disabilities501(c)(3)$175 millionRedding, CA
12Us Olympic and Paralympic Committee (USOC)501(c)(3)$193 millionColorado Springs, CO
13Strada Education Network501(c)(3)$169 millionIndianapolis, IN
14Action for Boston Community Development (ABCD)501(c)(3)$198 millionBoston, MA
15Rhode Island Community Foundation501(c)(3)$109 millionProvidence, RI
16Robin Hood Foundation / Tudor Charitable TR501(c)(3)$133 millionNew York, NY
17KU Endowment501(c)(3)$317 millionLawrence, KS
18American Committee and the Weizmann Institute of Science501(c)(3)$108 millionNew York, NY
19The Pittsburgh Foundation501(c)(3)$138 millionPittsburgh, PA
20South Central Los Angeles Regional Center for Persons with Developmental Disabilities (SCLARC)501(c)(3)$262 millionLos Angeles, CA
21Pew Memorial Trust501(c)(3)$261 millionPhiladelphia, PA
22AccessLex Institute501(c)(3)$181 millionWest Chester, PA
23DonorsChoose org501(c)(3)$150 millionNew York, NY
24The California Endowment501(c)(3)$235 millionLos Angeles, CA
25Combined Jewish Philanthropies of Greater Boston501(c)(3)$312 millionBoston, MA