NEW VENTURE FUND
Washington, DC, US
•
501(c)3
•
EIN
20-5806345
•
•
Research Institutes & Public Policy Analysis
Regional Funder
Washington, DC, US
•
501(c)3
•
EIN
20-5806345
•
•
Research Institutes & Public Policy Analysis
Regional Funder
AI Summary
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The New Venture Fund is a 501(c)3 grantmaking organization that does not accept unsolicited proposals, operating on a relationship-based, invitation-only engagement model. In 2024, it distributed a total of $359.6 million across 3,093 grantees, with significant funding directed to organizations in Washington, D.C., New York, and California. Nonprofits interested in potential funding opportunities can explore warm-introduction pathways through Impala's Funder Prospecting.
Mission Statement
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.
Cause Areas
1
Environment
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Grantee
Total Funding
Funding Share
SIXTEEN THIRTY FUND
$316.1M
12%
CO-IMPACT PHILANTHROPIC FUNDS INC
$206.7M
8%
AMERICA VOTES
$98.5M
4%
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Total No. of Grants
854
Median 1st year grant
$65K
Median 2nd year grant
$95.2K
Top 3 Grants
Matched grants only
Grantee
Grant Size
Frequently Asked Questions
Can I submit an unsolicited grant proposal to NEW VENTURE FUND?
No. NEW VENTURE FUND does not accept unsolicited proposals. Funding is by invitation only.
Where does NEW VENTURE FUND give?
NEW VENTURE FUND primarily gives to organizations located in District Of Columbia, New York, and California. These states represent the largest share of the foundation’s grantmaking by dollars awarded. Additional geographic details are available to registered users.
What size are NEW VENTURE FUND’s grants?
The largest share of grants from NEW VENTURE FUND fall in the $100 thousand to $250 thousand range. The median first-year grant is about $65 thousand. More detailed grant size data is available to registered users.
How many grants does NEW VENTURE FUND make each year?
In 2024, NEW VENTURE FUND awarded about 850 grants, totaling nearly $359.6 million. More detailed grant metrics are available to registered users.
Who did NEW VENTURE FUND fund recently?
In 2024, NEW VENTURE FUND awarded grants to about 3,090 grantees. Recent grantees include SIXTEEN THIRTY FUND, CO-IMPACT PHILANTHROPIC FUNDS INC, and AMERICA VOTES. More detailed information on all recent recipients is available to registered users.
How do we apply to NEW VENTURE FUND?
NEW VENTURE FUND does not accept unsolicited proposals. Funding is by invitation only.