Public nonprofit record
NEW VENTURE FUND
EIN 20-5806345 · Research Institutes & Public Policy Analysis (C05)
What they do
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.
Money
Tax year 2024Financial picture
Revenue$662,364,100
Expenses$723,042,837
Assets$624,857,462
Income$664,320,202
Contributions$628,271,501
Grants given$2,585,484,486
Average grant$347,605
Management$36,047,829
Executive compensation$515,562
Stocks and bonds$115,929,879
Accounting fees$280,829
Investing fees$517,590
About this charity
- Recognized since
- January 2007
- Location
- 1828 L STREET NW 300-A, WASHINGTON, DC 20036
- County
- District of Columbia
- In care of
- LEE BODNER
- Primary officer
- LEE BODNER, PRESIDENT
How to reach them
Filing and classification
- Latest tax year
- 2024
- Tax period began
- January 1, 2024
- Return type
- 990
- Tax preparer
- BAKER TILLY ADVISORY GROUP LP
- NTEE classification
- Research Institutes & Public Policy Analysis (C05)
- IRS tax category
- Research Institutes & Public Policy Analysis
- Grant-giving organization
- Yes
More public IRS record details
These are classification codes from the organization’s public nonprofit record.
- Subsection
- 03
- Affiliation
- 3
- Classification
- 1000
- Deductibility
- 1
- Foundation
- 15
- Organization
- 1
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