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Funder profile

New Venture Fund

Private foundation DCEIN 20-5806345

New Venture Fund is a grantmaker based in DC (EIN 20-5806345). Its most recent IRS filing reports about $360M in grants paid across 854 awards in 2024. Its largest giving areas are Education, Environment, Human Services. This profile is built from public IRS giving history — it reflects what the funder has actually funded, not an open call for proposals.

$360M
Grants paid (FY2024)
854
Grants awarded
$421K
Avg grant
$101K
Median grant
EducationEnvironmentHuman ServicesArts CultureHealthcareWorkforce

Funding capacity & financials (FY2024)

From New Venture Fund's IRS Form 990. Assets show capacity; the giving rate shows how actively they deploy it (a private foundation must pay out ~5%/yr) — useful for sizing your ask.

$625M
Total assets (capacity)
58% of assets
Annual giving rate
$662M
Total revenue

Leadership & board

Officers, directors & key staff from New Venture Fund's IRS Form 990 (Part VII).

Fran Seegull
PROJECT DIRECTOR
$476K
Lee Bodner
PRESIDENT
$386K
Amie Batson
PROJECT PRESIDENT
$375K
James Cowen
PROJECT DEPUTY DIRECTOR
$349K
Camilla Seth
PROJECT DIRECTOR
$340K
Wilson Woodhouse
PROJECT PRESIDENT
$333K
Shannon Scott
CFO (THROUGH 9/2024)
$227K
Adam Eichberg
BOARD CHAIR
Katherine Miller
TREASURER AND VICE-CHAIR
Tom Gibian
SECRETARY
Daryn Dodson
BOARD MEMBER (THROUGH 2/2024)
Harry Drucker
BOARD MEMBER

Who does the New Venture Fund fund?

The New Venture Fund is a private foundation that awards grants nationally (and, in some cases, internationally). According to its most recent IRS Form 990-PF filing (FY2024), it paid about $360M across 854 grants, concentrated in Education, Environment, Human Services and Arts Culture.

What types of organizations does the New Venture Fund fund?

The New Venture Fund's recent grants went to nonprofits and institutions working in Education, Environment, Human Services and Arts Culture. Recent recipients include Sixteen Thirty Fund, Clean Slate Initiative INC, Climate And Clean Energy Equity Fund. Because giving is reported in aggregate on the 990-PF, the best signal of fit is the funder's giving history below.

How much does the New Venture Fund give, and what is a typical grant?

In FY2024, the New Venture Fund awarded about $360M across 854 grants — an average grant of about $421K and a median of about $101K.

Where does the New Venture Fund award grants?

The New Venture Fund awards grants nationally (and, in some cases, internationally), based on the locations of the recipient organizations in its 990-PF giving records.

Does the New Venture Fund accept unsolicited grant applications?

GrantSonar has no verified information on whether the New Venture Fund accepts unsolicited applications or has an open application cycle. This profile is built from IRS giving records, which show past grants, not current application rules. Check the New Venture Fund's own website or its latest IRS filing before reaching out.

Who are recent New Venture Fund grant recipients?

Recent New Venture Fund grant recipients include Sixteen Thirty Fund ($59M); Clean Slate Initiative INC ($20M); Climate And Clean Energy Equity Fund ($18M); Cambiar Education ($12M); America Votes ($11M); Floridians Protecting Freedom ($9.5M). The full recipient list and giving history are available on GrantSonar.

Past New Venture Fund grant recipients

GrantSonar holds 854 itemized recipient records for the New Venture Fund from its IRS filings. The 25 largest are listed, with the fiscal year and the purpose the filing states. The full list is on GrantSonar.

RecipientAmountYearPurpose
Sixteen Thirty FundDC$59M2024CIVIL RIGHTS, SOCIAL ACTION, ADVOCACY
Clean Slate Initiative INCFL$20M2024CIVIL RIGHTS, SOCIAL ACTION, ADVOCACY
Climate And Clean Energy Equity FundDC$18M2024ENVIRONMENTAL PROGRAMS
Cambiar EducationCA$12M2024YOUTH DEVELOPMENT AND EDUCATION
America VotesDC$11M2024CIVIL RIGHTS, SOCIAL ACTION, ADVOCACY
Floridians Protecting FreedomFL$9.5M2024BALLOT MEASURE - CIVIL RIGHTS, SOCIAL ACTION, ADVOCACY
Fines And Fees Justice Center INCNY$8.9M2024CIVIL RIGHTS, SOCIAL ACTION, ADVOCACY
North FundDC$8.1M2024CIVIL RIGHTS, SOCIAL ACTION, ADVOCACY
Manresa Island CorpCT$7.7M2024ENVIRONMENTAL PROGRAMS
Illuminative INCNV$5.5M2024ARTS, CULTURE, AND HUMANITIES
United Nations Foundation INCDC$5.3M2024CONSERVATION AND CLIMATE
New York UniversityNY$5.0M2024CONSERVATION AND CLIMATE
Hopewell FundDC$4.4M2024CIVIL RIGHTS, SOCIAL ACTION, ADVOCACY
Global ImpactDC$4.1M2024CIVIL RIGHTS, SOCIAL ACTION, ADVOCACY
National Science FoundationVA$4.0M2024TECHNOLOGY AND INNOVATION
Advanced Energy Economy InstituteDC$3.5M2024CONSERVATION AND CLIMATE
Amalgamated Charitable FoundationDC$2.8M2024CIVIL RIGHTS, SOCIAL ACTION, ADVOCACY
Project Vesta PbcCA$2.6M2024ENVIRONMENTAL PROGRAMS
Center For Civic Research And InnovationMO$2.4M2024EMPLOYMENT
Sher Edling LlpCA$2.3M2024ENVIRONMENTAL PROGRAMS
Economic Innovation GroupDC$2.1M2024EMPLOYMENT
Sustainable Markets FoundationNY$2.0M2024CONSERVATION AND CLIMATE
Institute For Responsive GovernmentIL$2.0M2024CIVIL RIGHTS, SOCIAL ACTION, ADVOCACY
Rockefeller Philanthropy AdvisorsNY$1.9M2024CONSERVATION AND CLIMATE
University Of California San FranciscoCA$1.8M2024HEALTH

Markdown version of this recipient history, for citation and LLM retrieval.

Based on the New Venture Fund's public IRS Form 990-PF filings (most recent: FY2024). 990 data reflects giving history and typically lags 1–2 years; it is not an open call for proposals. Always confirm the funder's current guidelines before applying.

Built from 236,000+ U.S. grantmaking foundations and 4.6 million itemized grant records in public IRS Form 990 / 990-PF filings (135,000+ funders with itemized giving history).

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