Washington, D.C. · Nonprofit
NEW VENTURE FUND
NEW VENTURE FUND (Washington, D.C.) receives grants from 847 organizations whose IRS filings report $3,846,084,820 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($741,486,185). 442 of them have funded it in more than one year. NEW VENTURE FUND administers funds for other donors, so those contributions arrive into funds it holds rather than supporting a program it runs itself.
Hosts funds for others
NEW VENTURE FUND administers funds on behalf of other donors. The grants recorded as coming in are contributions into those funds, so they count custody rather than support for a programNEW VENTURE FUND runs itself. This page therefore states the flows and does not draw the comparisons it would draw for an operating charity: concentration, funder retention, grant dependency and the peer field are all left out, because each of them would read a vehicle as if it were a program.
Paid out
$2.3B
Recipients
3,200
Contributions on record
$3.9B
Donors on record
869
Payments out are 0.59x the contributions on record, so the balance accumulates rather than passing straight through.
Three funders worth looking at
Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.
- National Alliance for Research on Schizophrenia and Depressionshared funders
- William T Grant Foundation Incshared funders
- American Council of Learned Societiesshared funders
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 reported years ran a deficit.
reserve
Who funds it, year by year
2017 → 2023: the base broadened from 175 funders to 313 funders, grant income rose $211M → $481M.
95 of 847 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 42% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
Left out of every figure on this page: $14M from 2 payers (the payer shares this organization's board, largest Sixteen Thirty Fund). These are real filings, and they are not money NEW VENTURE FUND raised.
From the IRS filings of NEW VENTURE FUND’s funders (the co-funder graph). Top 30 of 847 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
NEW VENTURE FUND draws 97% of its grant income from funders outside Washington, D.C., across 45 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $1.6B arriving through sponsors registered in 24 statesis excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Funders to approach
Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first. Your 847 funders put you well-backed among the 400 organizations that share them.
- National Alliance for Research on Schizophrenia and Depressionshared fundersNY · backs 53 organizations that share your funders
- William T Grant Foundation Incshared fundersNY · backs 55 organizations that share your funders
- American Council of Learned Societiesshared fundersNY · backs 78 organizations that share your funders
- Hispanic Scholarship Fundshared fundersCA · backs 47 organizations that share your funders
- The George Washington Universityshared fundersVA · backs 57 organizations that share your funders
- Trustees of Tufts Collegeshared fundersMA · backs 54 organizations that share your funders
- Brown Universityshared fundersRI · backs 55 organizations that share your funders
- Vanderbilt Universityshared fundersTN · backs 50 organizations that share your funders
- Cornell Universityshared fundersNY · backs 63 organizations that share your funders
- Vanderbilt University Medical Centershared fundersTN · backs 56 organizations that share your funders
- The Spencer Foundationshared fundersIL · backs 70 organizations that share your funders
- American Chemical Societyshared fundersDC · backs 57 organizations that share your funders
From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.
Government funding NEW VENTURE FUND receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $78k on record — $77k federal, $750 state.
- Department of Defense$77k
- (EE) ADMINISTRATIVE EXPENSES$750
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
95% of spending goes to programs.
Governance
Public support
92%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 29 states
Part of a family of 3 related entities
- Manresa Osprey LLC · disregarded
- Postsecondary National Policy Institute · exempt
- Telescope Fund · exempt
Screen this organization
A dated, signed PDF of the compliance screen for NEW VENTURE FUND: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds NEW VENTURE FUND?
- NEW VENTURE FUND (Washington, D.C.) receives grants from 847 organizations whose IRS filings report $3,846,084,820 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($741,486,185). 442 of them have funded it in more than one year. NEW VENTURE FUND administers funds for other donors, so those contributions arrive into funds it holds rather than supporting a program it runs itself.
- How many funders does NEW VENTURE FUND have?
- IRS filings report 847 organizations giving $3,846,084,820 in grants to NEW VENTURE FUND, 442 of which have funded it in more than one year.
- Who is the largest funder of NEW VENTURE FUND?
- FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $741,486,185 in grants. The full list of funders is on this page.
- How can an organization like NEW VENTURE FUND find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Washington, D.C.. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 847funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported August 27, 2026. What this page cannot tell you · view filing