New Venture Fund
Private foundation DCEIN 20-5806345
New Venture Fund is a private foundation based in DC (EIN 20-5806345). Its most recent IRS Form 990-PF 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 990-PF giving history — it reflects what the funder has actually funded, not an open call for proposals.
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.
Leadership & board
Officers, directors & key staff from New Venture Fund's IRS Form 990 (Part VII).
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?
Like most private foundations, the New Venture Fund generally does not publish an open application cycle — many fund by invitation or through existing relationships. This profile reflects the funder's giving history from public IRS Form 990-PF filings, not an open call for proposals. Always confirm the New Venture Fund's current guidelines 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.
Example New Venture Fund grant recipients
A sample from the funder's 990-PF giving records. The full list is on GrantSonar.
| Sixteen Thirty FundDC | $59M |
| Clean Slate Initiative INCFL | $20M |
| Climate And Clean Energy Equity FundDC | $18M |
| Cambiar EducationCA | $12M |
| America VotesDC | $11M |
| Floridians Protecting FreedomFL | $9.5M |
| Fines And Fees Justice Center INCNY | $8.9M |
| North FundDC | $8.1M |
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).
See if the New Venture Fund fits your organization
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