New Venture Fund
New Venture Fund
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About this organization
Mission
Founded in October 2006, the New Venture Fund (“NVF”) is a 501(c)(3) public charitable organization dedicated to supporting innovative and effective public interest projects. The organization currently manages programs, provides fiscal sponsorship to nonprofit organizations, and coordinates grants programs. NVF supports a range of public interest projects, the majority of which focus on conservation, global development and health, and education. NVF has also managed programs focused on civic engagement, economic policy, disaster recovery, and music and the arts.
About
NVF's civil rights, social action, and advocacy portfolio spans a broad spectrum of projects, including those which seek to protect the rights of citizens to political and social freedom and equality; inspire and implement new ideas and processes for the betterment of society; and foster public participation in the debate on important social issues to ensure that communities have a voice in public policies that impact their lives.
Interesting data from their 2020 990 filing
The purpose of the non-profit is listed in the filing as “Founded in october 2006, the new venture fund ("nvf") is a 501(c)(3)public charitable organization dedicated to supporting innovative andeffective public interest projects. the organization currently managesprograms, provides fiscal sponsorships to nonprofit organizations, and coordinates grants programs. nvf supports a range of public interest projects, the majority of which focus on conservation, global development and health, and education. nvf has also managed programs focused on civic engagement, economic policy, disaster recovery, and music and the arts.”.
When discussing its operations, they were characterized as: “To support innovative and effective public interest projects.”.
- The non-profit's legally reported state of operation is DC.
- The filing states that the non-profit's address in the year 2020 is 1201 CONNECTICUT AVENUE NW NO 300, WASHINGTON, DC, 20036.
- The form submitted by the non-profit for 2020 shows a total of 623 employees.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $32,273,570.
- The organization has 6 independent voting members.
- The organization was formed in 2006.
- The organization pays $49,728,842 in salary, compensation, and benefits to its employees.
- The organization pays $774,098 in fundraising expenses.