Charities United States Environment New Venture Fund
NE

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 …

Environment Washington, DC EIN 205806345 · IRS Sign up to see website
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76
Integrity Assessment
Strong transparency
76/100 · methodology

About New Venture Fund

New Venture Fund is a environment organization based in WASHINGTON, United States. Annual revenue: $963.8 million. 0% of spending goes directly to programs. EIN: 205806345.

Founded
Headquarters
Washington, DC
Foundation type
Publicly-supported charity (509(a)(2))
NTEE code
C05
IRS subsection
501(c)(c3)
Ruling date
Size
very-large

Verified certifications

Confirmed against the issuing authority - not self-reported.

IRS Tax-Deductible since 2007

Mission

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.

Focus areas & reach

· What they work on and where
🌿 Environment · NTEE C05
Cause tags

How it stacks up against peers

· vs. 8 similar environment in United States
Program spending This charity: 0%
Peer average: 90%
CEO comp as % of revenue This charity: 0.07%
Peer average: 0.48%
Integrity Assessment This charity: 76
Peer average: 91

Red flags

· All clear
IRS revocation history
OFAC / EU / UN sanctions
Open investigations
Governance scandals
Related-party deals
Excessive exec comp

Where every $1 goes

Program expenses$0.00 ($685.0 million)

Common questions

· Auto-generated from filings + methodology

New Venture Fund is a registered environment nonprofit based in Washington, DC, United States. It is registered with the Internal Revenue Service (IRS). It was founded in 2006 and has been operating for 20 years. Its EIN is 205806345. It has a GiveRadar Integrity Assessment of 76/100 (Strong transparency), indicating well-documented governance, financials, and contact details. This is below the average of 91/100 for environment charities in United States. The organization reports $662M in annual revenue. 67 officers and directors are publicly disclosed. No red flags have been detected.

New Venture Fund has a GiveRadar Integrity Assessment of 76/100. This score combines five components: Registration (20 pts), Financial Transparency (30 pts), Governance (20 pts), Contact Availability (10 pts), and Data Recency (20 pts), with negative adjustments for any red flags. A score of 76 ('Strong transparency') reflects well-documented governance, recent financials, named leadership, and working contact details. For comparison, the average integrity assessment for environment charities in United States is 91/100.

New Venture Fund is located in Washington, DC, United States. The organization was established in 2006 and has been active for 20 years.

Based on official tax filings, New Venture Fund has $662M in annual revenue. It allocates 0% of expenses to programs and services. This is below the average of 90% for environment charities in United States. Its revenue is significantly above the peer average of $2M. Create a free GiveRadar account to view the complete financial breakdown with year-over-year trends.

New Venture Fund is classified as a Environment organization, registered in United States. It operates as a Publicly-supported charity (509(a)(2)). By size, it is categorized as a very-large organization. It has $662M in annual revenue. The organization has 67 disclosed officers and directors.

No red flags have been detected for New Venture Fund. GiveRadar automatically screens charities for concerning patterns including high executive compensation, low program spending, and missing financial filings. Based on available official data, no issues have been identified.

New Venture Fund has a GiveRadar Integrity Assessment of 76/100 (Strong transparency) and no red flags have been detected, which suggests it is a well-documented organization. It is regulated by the IRS. 0% of expenses go to programs. The peer average is 90%. Visit the New Venture Fund profile on GiveRadar for full details before deciding. GiveRadar provides data for research purposes and does not endorse any organization. Always do your own due diligence.

New Venture Fund is a environment organization based in WASHINGTON, United States. Annual revenue: $963.8 million. 0% of spending goes directly to programs. EIN: 205806345. New Venture Fund is classified as a environment organization registered in United States. The organization was founded in 2006.

Among environment charities registered in United States: New Venture Fund's GiveRadar Integrity Assessment of 76/100 is below the peer average of 91/100. It allocates 0% of expenses to programs, below the peer average of 90%. Its annual revenue of $662M is well above the peer average of $2M.

Yes, donations to New Venture Fund are generally tax-deductible in the United States. Its EIN is 205806345, which you can use for tax filing purposes. Donors can typically deduct contributions on their federal income tax return if they itemize deductions. Consult a tax professional for guidance specific to your situation.

Verified against 5 official sources, last refreshed .

Annual revenue
$100M-$1B
0% to programs
Source: IRS 990 (FY2024) why this matters
Unlock exact figures

Filing history

5 years on file from IRS 990 (FY2024): revenue, expenses, program spending, assets, and liabilities by fiscal year.

Years on record: FY2024, FY2023, FY2022, FY2021, FY2020.
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Taxes

Tax-deductibility for donors

Donations may be tax-deductible for residents of United States under local rules. Confirm with the charity directly.

Always confirm tax treatment with the charity directly or your tax advisor before donating.

Leadership

LE
Lee Bodner
President

Officers & trustees (21)

Source: Public filings

AD
Adam E•••••••
BOARD CHAIR
AK
Akilah M•••••
BOARD MEMBER (AS OF 10/30/2023)
AN
Andrew S•••••
GENERAL COUNSEL
CA
Candy M•••••••
PROJECT SENIOR ADVISOR
CH
Chuck R••••••
BOARD MEMBER (AS OF 06/22/2023)
DA
Daryn D•••••
BOARD MEMBER
EL
Eliza B••••
PROJECT SENIOR ADVISOR
FR
France C••••••
PROJECT DIRECTOR
FR
Fran S••••••
PROJECT DIRECTOR
HA
Harry D••••••
BOARD MEMBER
KA
Katherine M•••••
TREASURER AND VICE-CHAIR
LE
Lee B•••••
PRESIDENT
LI
Lisa Q•••
PROJECT DIRECTOR (THROUGH 6/30/23)
PA
Pamela F•••••
PROJECT DIRECTOR
RA
Rakesh R•••••
PROJECT DIRECTOR
RO
Roger K••
PROJECT DIRECTOR
SH
Shannon S••••
CHIEF FINANCIAL OFFICER
SH
Sheena M••••
PROJECT DIRECTOR
TO
Tom G•••••
SECRETARY
VA
Valerie C•••
PROJECT DIRECTOR THROUGH 3/2021
VA
Vatsala P••••
BOARD MEMBER
Full names, contact details & compensation

Free with an account.

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Latest news

From global news sources

10 articles found

From global news sources

Sentiment

Neutral

Activity timeline

Filings and press mentions, merged

Robinhood’s Second Venture Fund Targets Early-Stage Private Companies - PYMNTS.com
May 2026
www.pymnts.com
UBC partners with InBC on new venture fund with $40M target - The Logic
Mar 2026
thelogic.co
Prediction market rivals Shayne Coplan and Tarek Mansour back new venture fund: Fortune - The Block
Mar 2026
www.theblock.co
Digital asset manager ParaFi raises $125 million for new venture fund: Bloomberg - The Block
Mar 2026
www.theblock.co
ParaFi Raises $125 Million for New Venture Fund Backed by Henry Kravis - Bloomberg.com
Mar 2026
www.bloomberg.com
Robinhood’s new venture fund just snapped up stakes in Stripe and ElevenLabs - CoinDesk
Mar 2026
www.coindesk.com
Jim Cramer weighs in on Robinhood's debut of its new venture fund - CNBC
Mar 2026
www.cnbc.com
EXCLUSIVE: Ex-a16z Partner Michelle Volz Launches Pax Ventures with $50 Million First Fund to Bet on 'Industrial-Scale M
Mar 2026
www.newcomer.co
FTX Launches $2B Venture Fund - Blockworks
Mar 2026
blockworks.com
Foreign billionaires funnel $2.6B to US advocacy groups to influence policy, watchdog report claims - 930 WFMD Free Talk
Feb 2026
www.wfmd.com
Form filed
$662.4M revenue
FY2024
IRS_990
Form filed
$669.1M revenue
FY2023
IRS_990
Form filed
$755.6M revenue
FY2022
IRS_990
Form filed
$963.8M revenue
FY2021
IRS_990
Form filed
$975.5M revenue
FY2020
IRS_990

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Peer charities

Other environment in United States, by integrity assessment

Charity Score Revenue Program %
New Venture Fund This page 76 $662.4 million 0%
Baduwat Watershed Council 93 $426,600 100%
Birds of Prey Foundation 93 $396,950 82%
Keep Nassau Beautiful Inc 93 $296,240 81%
California Irrigation Institute Inc 90 $108,053 100%
White Clay Watershed Association 90 $388,718 84%
Trout Unlimited 90 $771,789 96%
Association of New Jersey Recyclers Inc 90 $292,455 88%
Utah Watercolor Society 90 $56,356 92%

Sources and verification

Refreshed

Registration and legal identity
Internal Revenue Service (IRS) - Tax Exempt Organization Search
Financial filings
IRS Form 990 filings - Fiscal year 2024 most recent on file.
Officers and trustees
Internal Revenue Service (IRS) - Tax Exempt Organization Search - 67 disclosed in the public registry.
News and media coverage
GDELT Project + Google News
Supplementary verification
Charity Navigator

Data freshness

Last updated
May 27, 2026
Profile completeness
100%

What we don't know

Honest gaps - our score reflects transparency, not impact

Programs & projects
No named programs listed by the charity
Operating reach
Countries where programs run not specified

Methodology

GiveRadar combines public registry filings, ProPublica Nonprofit Explorer, Charity Navigator, GuideStar, and news archives into a single 0-100 integrity assessment. We don't take a cut of any donation, ever.

Read full methodology

Quick facts about New Venture Fund

What is New Venture Fund?
New Venture Fund is a environment publicly-supported charity (509(a)(2)) based in Washington, United States. New Venture Fund is a environment organization based in WASHINGTON, United States. Annual revenue: $963.8 million. 0% of spending goes directly to programs. EIN: 205806345.
When was New Venture Fund founded?
New Venture Fund was founded in 2006.
Who leads New Venture Fund?
Lee Bodner serves as President.
Where is New Venture Fund located?
Headquartered in Washington, United States.
What is New Venture Fund's annual budget?
Annual revenue for fiscal year 2024 is approximately $100M-$1B. 0% of expenses go to program services.
Is New Venture Fund trustworthy?
New Venture Fund has a GiveRadar Integrity Assessment of 76 out of 100 (Strong transparency). The score reflects public-data transparency: registration, financial disclosure, governance, contact details, and how recently data was refreshed. It does not measure program impact.
What is New Venture Fund's registration number?
IRS EIN: 205806345.
What is New Venture Fund's website?
http://www.newventurefund.org