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 …
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Visit www.newventurefund.orgAbout 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.
Verified certifications
Confirmed against the issuing authority - not self-reported.
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 whereHow it stacks up against peers
· vs. 8 similar environment in United StatesConcerns
· None foundWhere every $1 goes
· FY2024 · IRS 990 (FY2024)GiveRadar Analysis
Original analysis from GiveRadar's dataset of comparable organizations
Based on the records currently verified by GiveRadar, New Venture Fund has a complete profile, cross-referenced across 4 independent sources including the IRS.
- By reported annual revenue, it is larger than 99% of the 13,369 environment charities in the United States with financial records on GiveRadar. See the filings
- GiveRadar has verified more about this organization than about 86% of the 30,143 environment charities in the United States it tracks, because GiveRadar has verified its financial disclosures and its governance. Most of those have little verified data on record yet. View this cohort
- It has more complete governance disclosure than nearly all similar organizations, because GiveRadar has verified leadership, executive compensation, a mission statement and a founding date. See national comparisons
- government registration
- financial records (5 filed years)
- disclosed leadership
- a website
- third-party accreditation
- a contact email
- a donation page
- an owner-submitted profile claim
Analysis based on GiveRadar's benchmark dataset of 2026-07-03. It describes what GiveRadar has verified, not a judgment of the organization itself.
Common questions
· Auto-generated from filings + methodologyNew 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. According to GiveRadar's records, it holds active tax-deductible status on the IRS Publication 78 list, which means donations are tax-deductible and the organization is in good standing with the IRS. GiveRadar's Integrity Assessment for the organization is 77/100, which reflects how much public information is available, not whether the charity is legitimate. The organization reports $662M in annual revenue. 67 officers and directors are publicly disclosed. No red flags have been detected.
New Venture Fund's EIN (Employer Identification Number) is 205806345. This is the organization's IRS tax identification number; you can use it to verify tax-exempt status and to look up its Form 990 filings with the IRS.
New Venture Fund has a GiveRadar Integrity Assessment of 77/100. 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 77 ('Strong transparency') reflects well-documented governance, recent financials, named leadership, and working contact details. The charity allocates 95% of expenses to programs, which contributes positively to its score. For comparison, the average integrity assessment for environment charities in United States is 90/100.
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 95% of expenses to programs and services. This is above the average of 77% 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 an Environment organization, registered in United States. It operates as a Publicly-supported charity (509(a)(2)). By size, it is categorized as a major 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.
According to GiveRadar's records, New Venture Fund holds active tax-deductible status on the IRS Publication 78 list, which means donations are tax-deductible and the organization is in good standing with the IRS. It is registered with the Internal Revenue Service (IRS). It reports that 95% of expenses go to programs (the peer average is 77%). GiveRadar provides data for research and does not endorse any organization. A GiveRadar Integrity Assessment reflects how much public data is available, not whether an organization is safe to donate to, so it is always smart to do your own research before giving.
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 an environment organization registered in United States. The organization was founded in 2006.
Among environment charities registered in United States: It allocates 95% of expenses to programs, above the peer average of 77%. 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.
Filing history
5 years on file from IRS 990 (FY2024): revenue, expenses, program spending, assets, and liabilities by fiscal year.
See 5 years of revenue, expense breakdowns, and balance sheet.
Sign up to viewTaxes
Tax-deductibility for donors
Donations may be tax-deductible for residents of United States under local rules. Confirm with the charity directly.
NEW VENTURE FUND is registered in United States. Donations from the Netherlands to charities outside the EU/EEA are generally not tax-deductible for Dutch donors unless the charity is listed on the Dutch ANBI register with foreign-recognized status.
Always confirm tax treatment with the charity directly or your tax advisor before donating.
Staff & volunteers
From filings and published profiles
Leadership
From FY2024 filing
Officers & trustees (21)
Source: Public filings
21 officers and trustees on file - free with a GiveRadar account.
Latest news
From global news sources
10 articles found
From news sources and the organization. Shown for transparency; news never affects the integrity score.
Lightning Capital: $100 Million Venture Fund II Launched And Michele Griffin Joins As General Partner And COO - Pulse 2.0
2026 First Quarter Venture Capital: KRW 3.3 Trillion Won—“Second Highest Ever”…Fund Formation Reaches KRW 4.4 Trillion—“All-Time Maximum” - 코리아스타트업포스트
Robinhood’s Second Venture Fund Targets Early-Stage Private Companies - PYMNTS.com
UBC partners with InBC on new venture fund with $40M target - The Logic
Digital asset manager ParaFi raises $125 million for new venture fund: Bloomberg - The Block
Prediction market rivals Shayne Coplan and Tarek Mansour back new venture fund: Fortune - The Block
ParaFi Raises $125 Million for New Venture Fund Backed by Henry Kravis - Bloomberg.com
Robinhood’s new venture fund just snapped up stakes in Stripe and ElevenLabs - CoinDesk
EXCLUSIVE: Ex-a16z Partner Michelle Volz Launches Pax Ventures with $50 Million First Fund to Bet on 'Industrial-Scale Markets' - Newcomer | Substack
Jim Cramer weighs in on Robinhood's debut of its new venture fund - CNBC
Activity timeline
Filings and press mentions, merged
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Sign up to write a reviewCause areas in United States
How many charities work in each area, with this charity's area highlighted.
Most common causes in United States
Causes charities work on most.
Sources and verification
- 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
What we know and don't know
Exactly which public data we hold on this charity. Our score reflects transparency, not impact.
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Financial data · FY2024 on record
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Named leadership · 67 officers on file
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Executive pay · Disclosed
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Government registration · Registered with an official registry
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Mission statement · Published
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Official website · On record
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Headquarters address · On file
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Direct contact · Email or phone published
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Tax-deductibility · Verified
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Founding date · 2006
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Programs & activitiesNo named programs listed by the charity
Methodology
GiveRadar builds each profile primarily from official government charity registries, supplemented where available by third-party nonprofit databases and news archives, and combines it into a single 0-100 integrity assessment. The exact sources for this charity are listed above. We don't take a cut of any donation, ever.
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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, DC, United States.
- What is New Venture Fund's annual budget?
- Annual revenue for fiscal year 2024 is approximately $100M-$1B. 95% of expenses go to program services.
- Is New Venture Fund trustworthy?
- New Venture Fund has a GiveRadar Integrity Assessment of 77 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