#237 of 500 · Foundation / Grantmaker / DAF

New Venture Fund

EIN 20-5806345 · DC · NTEE C05 · Form 990, fiscal 2023

Provides fiscal sponsorship, grantmaking and incubation services for public-interest projects. Managed by Arabella Advisors, it houses and supports numerous projects and grants across areas such as conservation and the environment, global health, disaster recovery, education, public policy and the arts. It operates as a fiscal sponsor, allowing initiatives to run under its legal and administrative structure rather than forming standalone nonprofits.

Financials, fiscal 2023

Revenue

$669.1M

Expenses

$894.8M

Total assets

$768.5M

Net assets

$627.3M

Operating margin

-33.7%

1-year growth

-11.5%

5-year growth (CAGR)

9.8%

Reserve (years of spending)

8.4

Contributions share

93.1%

Programme spending

2.6%

Fundraising cost

0.1%

Executive pay share

0.08%

Employees

964

Revenue per employee

$694K

Grants paid

$502.0M

Years filing

16

NFP Health Score: 65 / 100

Financial 50 · Governance 75 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Mission

New Venture Fund 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.

Revenue history