Non-profit

New Venture Fund (NVF)

Website:

www.newventurefund.org

Location:

WASHINGTON, DC

Tax ID:

20-5806345

Tax-Exempt Status:

501(c)(3)

Budget (2016):

Revenue: $357,581,316
Expenses: $264,546,947
Assets: $364,305,889

Formation:

October 2006

Tax-Exemption Received January 2007

Formerly:

Arabella Legacy Fund (2006-2009)

Board Chair:

Eric Kessler

President:

Lee Bodner

Eric Kessler (2006-2015)

Managed By:

Arabella Advisors

The New Venture Fund (NVF) is a 501(c)(3) funding and fiscal sponsorship nonprofit that makes grants to left-of-center advocacy and organizing projects and provides incubation serves for other left-of-center organizations. The fund focuses primarily on social and environmental change, issuing grants for a variety of projects that include conservation, global health, disaster recovery, education, and the arts. [1]

Critics argue that New Venture Fund is a “dark money” organization, serving as a way for left-leaning groups to anonymously funnel money toward various advocacy issues, such as attacking vulnerable Republicans or pushing state-level environmental restrictions. [2]

NVF often operates alongside its 501(c)(4) “sister” nonprofit Sixteen Thirty Fund, which provides similar funding and fiscal sponsorship services to center-left advocacy organizations. Both groups are administered by Arabella Advisors, a Washington, D.C.-based philanthropy consulting firm that caters to left-leaning clients. New Venture Fund’s board of directors includes officers from Arabella Advisors, including the firm’s principal Eric Kessler.

The Hopewell Fund and Windward Fund are also 501(c)(3) nonprofits managed by Arabella Advisors that work closely with NVF and Sixteen Thirty Fund.

Background

Creation

Also see Eric Kessler

The New Venture Fund was created on October 25, 2006 in the District of Columbia as the Arabella Legacy Fund; the 501(c)(3) nonprofit received IRS recognition of its tax exemption in January 2007. In October 2009, the Arabella Legacy Fund was officially renamed the New Venture Fund. [3]

At the time of its formation, Eric Kessler served as president of the Fund. Kessler is the founder and senior managing partner of Arabella Advisors, a philanthropy consulting firm headquartered in Washington, D.C. The Fund’s founding board of directors in 2006-2007 consisted of Kessler, then-Illinois Nature Conservancy executive director Bruce Boyd, and then-Western Conservation Foundation executive director Adam Eichberg. [4]

NVF was created with grants from an unknown source totaling $3.725 million. From the start, it also had an administrative services agreement with Arabella Advisors (then Arabella Philanthropic Investment Advisors) to provide management and consulting services to the NVF. According to its description of activities, the NVF was created to pursue two purposes: [5]

[F]irst, it will engage in a program dedicated to protecting and preserving the environment from the detrimental effects of off-road vehicle use; second, it will engage in a program dedicated to the American Christian Evangelical environmental community, building a grassroots movement of Evangelicals and educating the American public regarding the Evangelical environmental message.

The NVF’s founding document further quotes three Psalms from the Bible in support of advancing an environmentalist agenda. The NVF also explained in the document its intent to provide an “Environmental Toolkit for Pastors”: [6]

The Environmental Toolkit for Pastors will be designed to enable Pastors to integrate creation-care teaching into their ministry. An important part of [the] Pastor’s toolkit will be materials for worship services that will celebrate all of God’s creation and explore how mankind can be better stewards of the His [sic] creation, including suggestions for hymns (including processional, worship and offertory hymns and hymns of commitment), invocations, New and Old Testament lessons, responsive readings and sermon outlines (or “seeds” whereby Pastors can create their own sermons).

Worship materials will be created for various topics, including global warming, air and water pollution, endangered species and the environment’s effect on human health . . . . In addition, the Pastor’s toolkit will include materials . . . to educate Pastors regarding creation care’s basis in Scripture, as well as fact sheets for Pastors and their congregations on various environmental topics and suggestions for how congregations can take action to care for God’s creation.

“Fake” Groups

The New Venture Fund, like all four nonprofits managed by the for-profit consultancy Arabella Advisors, primarily exists to sponsor a number of “fake” groups: websites designed to look like standalone nonprofits. These “fake” groups rarely become fully-fledged nonprofits; instead, they typically exist to effect an issue advocacy campaign pushing left-wing policies and may disappear after the campaign is finished. The New Venture Fund the oldest of Arabella’s four nonprofits, and was founded as the Arabella Legacy Fund in 2006. The groups it sponsors encompass a wide range of issues and policy areas. [7]

The New Venture Fund describes its mission as “dedicated to supporting innovative and effective public interest projects” through fiscal sponsorship and grants. [8] According to its 2018 IRS Form 990 filing (archived here), NVF identified three program areas in which it spent money:

In 2018, NVF spent $90,387,850 on “civil rights, social action, and advocacy,” of which $44,453,476 was spent in grants to other nonprofits: [9]

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.

In 2018, NVF spent $87,959,941 on “environmental programs,” of which $60,616,035 was spent in grants to other nonprofits: [10]

NVF’s environmental programs focus on a range of conservation, climate, river conservation, alternative energy sources and reduction of fossil fuels, protection of ocean life, wildlands conservation, ecological agriculture, and habitat restoration. Activities among these projects include grantmaking, communications, coordination among stakeholders, civic and media engagement, and public awareness campaigns.

In 2018, NVF spent $66,008,606 on “youth development and education-focused projects,” of which $36,037,962 was spent in grants to other nonprofits: [11]

NVF operates a variety of youth development and education-focused projects. These projects work in a range of areas to support the development of youth and improvement of education in the U.S., such as early learning in vulnerable populations, literacy, connected learning, support to teachers and other educational professionals, and advocacy for effective teaching practices and education reform. Our work primarily includes grantmaking, convenings, and strategic communications support.

In addition, NVF spent $108,608,263 on unnamed program services, of which $64,243,743 was paid out in grants to other groups. [12]

The New Venture Fund claims it has sponsored over 280 projects since its inception in 2006 touching a broad range of center-left issues. [13] The following are a handful of known NVF-sponsored projects or areas funded by the nonprofit; more of its projects are listed at the bottom of this profile (under “Child Organizations”).

Allied Progress

Also see Allied Progress (Nonprofit)

In 2015, Allied Progress was formed using money from New Venture Fund to push for Congress not to overturn the country’s ban on crude oil exports. Allied Progress ran an advertisement campaign in Colorado, Maine, Montana, New Hampshire, and New Mexico, urging voters to tell their senators they wanted to keep the ban. [14] Allied Progress Action is the sister to Allied Progress and a project of the Sixteen Thirty Fund.

Campaign for Accountability

Also see Campaign for Accountability (Nonprofit)

SiliconBeat reported that New Venture Fund was behind Campaign for Accountability, which did extensive research into Google’s relationship with the Obama White House and created the Google Accountability Project, a website that pointed out the tech giant’s heavy influence with the Obama administration. [15] The publication noted that New Venture Fund has received financial support from the Bill and Melinda Gates Foundation ($94 million between 2014 and 2016) and the William and Flora Hewlett Foundation ($17 million during that period.)[16]

Education

New Venture Fund gave about $4 million to a failed Mississippi initiative in 2015 that would have given state judges power over school issues, including increased education spending. [17]

In a report over the National Education Association’s $138 million in spending in the 2016 fiscal year, Dropout Nation, an education reform website, pointed out the national teachers union gave $62,657 to New Venture Fund and $550,000 to Sixteen Thirty Fund, an endowment developed by Arabella Advisors. [18] Eric Kessler, the president and board chairman of New Venture Fund, also founded Arabella Advisors. [19]

Leadership

President

Lee Bodner serves as New Venture Fund’s president, after previously serving as managing director of Arabella Advisors. [20] He was founding executive director of ecoAmerica, a nonprofit focusing on educating the American public on conservation issues. While there, Bodner helped launch the American College and University Presidents’ Climate Commitment, which brought the climate change issue front and center in higher education. [21] The most recent IRS filing (Form 990) from 2017 for the New Venture Fund listed Bodner’s salary as $225,000.

Eric Kessler serves as chairman of the board of directors. He founded and serves as senior managing director of Arabella Advisors, a social venture firm working to increase the effectiveness of philanthropy that works in conjunction with New Venture Fund. [22] Kessler helped manage conservation issues around the globe for the Clinton administration. [23] Kessler served as founding president of the NVF from 2006 to 2015. [24]

Board of Directors

The New Venture Fund’s board of directors consists of: [25]

  • Eric Kessler (2017 board chair), founder and managing director of Arabella Advisors;
  • Lee Bodner, president of New Venture Fund, who received total compensation of $295,988 in 2018;
  • Adam Eichberg (2018 board chair), a Windward Fund board member and environmentalist consultant running the Denver based Headwater Strategies, a legislative advocacy organization hat focuses mainly on environmental issues;
  • Wilbur Priester, Arabella Advisors chief financial officer;
  • Andrew Schulz, Arabella Advisors general counsel, who received compensation from NVF totaling $25,965 in 2018;
  • Katherine Miller;
  • Daryn Dodson;
  • Harry Drucker;
  • Tom Gibian; and
  • Yanique Redwood (listed as Yanique Gibian in NVF’s 2017 Form 990)

Key Staff

In 2018, NVF reported spending $49,728,842 on employee salaries and compensation. The following are key staffers for the NVF: [26]

The New Venture Fund’s highest-paid staffer in 2018 was Marc Kastner, an NVF project director and president of the Science Philanthropy Alliance (an NVF project). Kastner earned total compensation of $354,197.

Valerie Conn is an NVF project director and executive director of the Science Philanthropy Alliance; in 2018, she received total compensation of $336,862.

Heather Joseph is an NVF project director and head of SPARC (an NVF project); in 2018, she received total compensation of $337,134.

Arkadi Gerney is an NVF project director and head of the Hub Project (an NVF project); in 2018, he received total compensation of $339,517.

Candy Marshall is an NVF project director and president of TheDream.US (an NVF illegal immigration project); in 2018, she received total compensation of $317,073.

Funding

Financial Overview

The New Venture Fund is a 501(c)(3) nonprofit. In 2018, NVF reported total revenues of $405 million, total expenditures of $373 million (including grants paid totaling $205 million), and net assets of $372 million. [27]

An overview of NVF’s total revenues (including a percentage change from year to year), total expenditures, grants paid, and net assets from 2006 to 2018 is provided below: [28]

New Venture Fund: Financial Overview
Total:$1,873,401,031$1,489,537,571$683,611,646
RevenuesRevenue % ChangeExpendituresGrants PaidNet Assets
2018$405,281,26313%$373,007,693$205,351,216$371,491,214
2017$358,858,6410.40%$329,784,536$154,740,778$339,217,644
2016$357,581,31612%$264,546,947$114,285,885$321,816,285
2015$318,405,05677%$214,351,188$87,322,893$230,092,075
2014$179,424,94559%$134,487,602$56,602,126$125,811,198
2013$112,942,320115%$74,982,490$29,520,729$80,873,855
2012$52,519,09944%$39,574,786$17,076,406$42,914,025
2011$36,542,348117%$24,722,363$9,217,867$29,969,712
2010$16,813,261-37%$14,893,390$4,105,145$18,149,727
2009$26,812,567346%$13,847,145$3,206,141$16,229,856
2008$6,011,782261%$3,983,417$2,172,460$2,881,343
2007$1,663,363205%$1,315,615$10,000$852,449
2006$545,100-$40,399-$504,701

Donors to New Venture Fund

Between 2007 and 2018, the New Venture Fund received approximately $842 million in grants from 501(c)(3) public charities and private foundations. [29] While the IRS does not require NVF to report its donors, it is required to report its donation sums. In 2018, NVF’s biggest donations were for $63 million, $34 million, $24 million, $21 million, $18 million, $14 million, $11 million, $8.6 million, and $8.5 million. [30]

The following chart denotes grants made to the New Venture Fund over that period: [31]

New Venture Fund: Donors (2007-2018)Year(s)Cumulative Total
Grand Total:$842,351,273
1772 Foundation Inc.2013$5,000
444S Foundation2016$45,000
A. L. Mailman Family Foundation Inc.2013, 2016$120,000
A.M. Fund2015$5,000
Acumen Fund Inc.2012$103,206
Ada Brandon Charitable Foundation Inc.2007$10,000
Aetna Foundation Inc.2012-2013$25,000
Ag Foundation2016$25,000
Agua Fund Inc.2013, 2015-2016$99,500
Ahearn Fam Foundation2015$100,000
Air Products Foundation2014-2016$575,000
Ajana Foundation2016-2017$100,000
Alabama Power Foundation Inc.2015$50,000
Alfred P Sloan Foundation2010-2011, 2013, 2015-2017$121,2940
Allergan Foundation2016$10,000
Alphawood Foundation Chicago2014-2017$400,000
Altman/Kazickas Foundation2017$100,000
American Endowment Foundation2015-2017$245,527
American Express Foundation2015$25,000
Americana Foundation2015$5,000
Amlicke Family Foundation2017$10,000
Andy Warhol Foundation For Visual Arts Inc.2015-2017$225,000
Angelica Foundation2015$10,000
Annenberg Foundation2014-2017$1,592,778 
Annie E Casey Foundation2010, 2012, 2014-2016$516,000
Apatow Family Foundation Inc.2015-2016$15,000
Arca Foundation2007, 2015-2016$460,000
Arcus Foundation2017$198,601
Argosy Foundation2012$50,000
Argyros Family Foundation2015-2016$35,000
Arkay Foundation2016$45,000
Arthur M Blank Family Foundation2016$25,000
Atticus Trust2015-2016$175,000
Avatar Alliance Foundation2015$250,000
Avocet Foundation2014$40,000
Ayco Charitable Foundation2009, 2011, 2015$43,000
Azby Fund 2010$25,000
Baltimore Community Foundation Inc.2013-2014$121,000
Bank Of America Charitable Foundation Inc.2014, 2017$65,323
Bank Of America Charitable Gift Fund2013$75,000
Barbara A Stiefel Foundation Inc.2017$50,000
Barbara Lee Family Foundation Inc.2013, 2015$20,000
Barbra Streisand Foundation2013, 2017$30,000
Barr Foundation2013$75,000
Barra Foundation Inc.2014$100,000
Barth Family Foundation2014, 2016-2017$51,000
Baton Rouge Area Foundation2010-2011$100,000
Bauman Family Foundation2012-2015, 2017$2,216,800
Ben & Jerry'S Foundation Inc.2016$25,000
Ben E Factors Foundation2015$10,000
Benton Foundation2015-2016$12,500
Bernard & Irene Schwartz Foundation Inc.2007-2008$100,000
Bernstein Family Foundation2016$10,000
Bill And Melinda Gates Foundation 2008-2017$221,720,318
Bloomberg Family Foundation Inc.2015-2016$3,578,446
Blue Moon Fund Inc.2015-2016$3,333,332
Blum-Kovler Foundation2011$7,000
Bobolink Foundation2012$35,000
Boston Foundation Inc.2015-2016$229,500
Brainerd Foundation2015$100,000
Bridgeway Charitable Foundation2011$322,739
Bruce And Cynthia Sherman Charitable Foundation Inc.2015-2016$754,538
Bushrod H Campbell And Adah F Hall Charity Fund2017$10,000
Butz Foundation2014, 2016-2017$100,000
California Community Foundation2015-2016$491,000
California Endowment2010-2011, 2013-2017$791,250
California Healthcare Foundation2014$122,500
California Physicians Service Foundation Dba Blue Shield Of California Foundation2016-2017$150,000
California Wellness Foundation2015-2017$1,222,500
Campion Foundation2015-2017$1,015,000
Canning Foundation2016$50,000
Carlo & Micol Schejola Foundation 2010$10,000
Carnegie Corporation Of New York2008, 2010-2011, 2013-2016$3,339,500
Carsey Family Foundation2015$50,000
Cartinhour-Woods Foundation Inc.2015-2016$8,000
Casey & Family Foundation2016-2017$130,000
Casey Family Programs2017$50,000
Cedar Tree Foundation2012$200,000
Ceres Trust2016$4,000
Charina Endowment Fund Inc.2014$100,000
Charles And Lynn Schusterman Family Foundation2013, 2015-2016$3,938,000
Charles Stewart Mott Foundation2017$187,500
Chestnut Fund2016-2017$180,000
Chicago Community Foundation2011$352,110
Chicago Community Trust2014, 2016$1,024,250
Chick-Fil-A Foundation Inc.2016$25,000
Chorus Inc.2015-2016$510,000
Christensen Fund2011-2012, 2015-2016$1,275,500
Christian R. and Mary F. Lindback Foundation2014-2015$25,000
Civic Ventures2014$751,836
Cjm Foundation2012$5,000
Claneil Foundation Inc.2015-2016$125,000
Clarence E Heller Charitable Foundation2013$35,000
Columbus Foundation2016$64,000
Combined Jewish Philanthropies Of Greater Boston Inc.2015-2017$2,550,500
Common Counsel Foundation2015$35,000
Community Foundation For National Capital Region2013, 2015-2017$125,000
Community Foundation Serving Boulder County2013$50,000
Compton Foundation Inc.2011-2012, 2015-2016$455,000
Conrad N Hilton Foundation2011, 2014, 2016$1,005,000
Conservation Fund2016$5,000
Corinthian Foundation2016$5,000
Cornell Douglas Foundation Inc.2016$20,000
Coydog Foundation2012, 2015$195,000
Craig And Susan Mccaw Foundation2015$66,500
Craigslist Charitable Fund2015$25,000
Cricket Island Foundation2016-2017$150,000
D.N. Batten Foundation2013-2014$24,6000
Daniel B And Florence E Green Foundation2016-2017$50,000
Daphne Foundation2011$6,240
David & Anita Keller Foundation 2010$7,200
David A Dechman Foundation2016$100,000
David And Lucile Packard Foundation2008, 2011-2016$23,901,711
David Bohnett Foundation2016$25,000
David Rockefeller Fund Inc.2014$7,500
David Winton Bell Foundation2015$10,000
De Ramel Foundation 2010$11,750
Delaware Community Foundation2016$45,000
Democracy Fund Inc.2015-2017$1,100,000
Diana Oehrli Charitable Trust 2010$11,750
Dick And Sally Molpus Foundation2014-2017$1,250,000
Diller Foundation2017$50,000
Dobkin Family Foundation2015-2016$100,000
Donley Foundation2015$10,000
Doris Duke Charitable Foundation2013$17,000
Draper Richards Kaplan Foundation2014-2016$250,000
Earl And Brenda Shapiro Foundation2012$10,000
Ebb Point Foundation Inc.2015$25,000
Edna Mcconnell Clark Foundation2016$2,500,000
Educational Foundation Of America2014-2016$281,000
Educause2013-2014$550,000
Einhorn Family Charitable Trust2015-2016$250,000
Ejmp Fund For Philantrophy 2010$11,750
Eleanor Crook Foundation2017$155,000
Eli And EdyBroad Foundation2011-2012, 2014-2016$1,505,000
Ellen And Alan Levin Family Foundation2016$10,000
Emil Kirchheimer Trust2014$25,000
Energy Foundation2010-2012, 2013-2017$623,000
Enlyst Fund Inc.2016-2017$30,000
Entertainment Industry Foundation2011, 2013$92,1628
Eos Foundation2011$10,000
Eric And Wendy Schmidt Fund For Strategic Innovation2016$50,000
Erickson Family Charitable Foundation2015$8,000
Ettinger Foundation Inc.2015, 2017$25,000
Everett B. Birch Foundation2016-2017$400,000
Ewing Marion Kauffman Foundation2017$20,000
Family Alliance Foundation2010-2012, 2014-2016$146,000
Faro Foundation2015$25,000
Farvue Foundation Inc.2011$5,000
Fidelity Investments Charitable Gift Fund2012-2016$58,704,606
Fine Fund2015-2017$15,000
Fink Family Foundation2012-2013, 2015-2017$650,000
Flora Family Foundation2013$12,500
Ford Foundation2009, 2012-2017$44,484,310
Foundation For A Just Society2013-2014$310,000
Foundation For Aids Research2017$500,000
Foundation To Promote Open Society2009, 2013-2016$4,092,000
Frances Lear Foundation2014-2015$40,000
Frederick Henry PrInce Testamentary Trust2015-2017$32,000
Fullerton Family Foundation2017$5,000
Gaia Fund2015-2017$16,000
Gates Family Foundation2016-2017$120,000
Gaylord And Dorothy Donnelley Foundation2012, 2014$160,000
General Mills Foundation2017$50,000
General Service Foundation2012, 2014-2016$725,000
George Gund Foundation2017$200,000
George Kaiser Family Foundation2015$25,000
George Lucas Family Foundation2015-2016$10,000
Gerald B Cramer Family Foundation Inc.2013$5,000
GHR Foundation2012-2015$2,127,297
Gilbert And Jacki Cisneros Foundation2016$30,000
Gill Foundation2015$1,490,000
Globalgiving Foundation Inc.2016$5,179
Gold Bay Foundation2017$100,000
Gordon E And Betty I Moore Foundation2012-2017$61,351,104
Gordon Family Foundation 2010$50,000
Grand Victoria Foundation2016$300,000
Gray Cary Foundation2015$50,000
Greater Kansas City Community Foundation2013, 2016$40,000
Greenbaum Foundation2015$60,000
Grove Foundation2012, 2014-2017$325,000
Growald Family Fund Inc.2017$70,000
Gruber Family Foundation2015$5,000
Harlan E Anderson Foundation2016$30,000
Harrington Foundation2017$7,500
Harry J Brown Jr. Foundation Inc.2014$75,000
Hauptman Family Foundation Inc.2011$10,000
Hawley Family Foundation2014$25,000
Head Foundation2011$10,000
Heising-Simons Foundation2014, 2016-2017$2,385,000
Helen Clay Frick Foundation-Tr2017$20,000
Helmerich Trust2015$25,000
Henry J. Kaiser Family Foundation2015$30,000
Henry P. Kendall Foundation2015$10,000
Herb Block Foundation2011, 2014-2015$45,000
Hillsdale Fund Inc.2015-2017$17,000
Hispanic Federation Inc.2017$60,000
Hodge Foundation Inc.2010$10,000
Howard and Geraldine Polinger Family Foundation2016$4,000
Howard G. Buffett Foundation2009, 2010-2017$15,404,196
Hull Family Foundation2014-2016$170,000
Humanity United2017$500,000
Hunt Alternatives2015$10,000
Hyams Foundation Inc.2015-2017$150,000
International Paper Company Foundation 2009$5,000
Irving Harris Foundation2008, 2011-2012, 2014-2015$603,450
Isabel Rose Foundation 2010$30,000
Island Foundation Inc.2014$10,000
J. R. Albert Foundation2012, 2014-2017$195,000
James & Rebecca Morgan Family Foundation2013, 2016-2017$508,000
James Irvine Foundation2017$100,000
Jennifer And Jonathan Allan Soros Foundation2014-2016$121,938
Jessie Smith Noyes Foundation Inc.2015$7,500
Jewish Communal Fund2014-2017$420,912
Jewish Community Federation Of San Francisco The Peninsula, Marin And Sonoma2011, 2014, 2016-2017$80,000
Joan And Lewis Platt Foundation2016$10,000
John D & Catherine T Macarthur Foundation2011-2017$12,455,000
John Merck Fund2008, 2012, 2014-2017$2,028,500
John S. And James L. Knight Foundation2014, 2016-2017$485,000
John Templeton Foundation2015, 2017$90,000
Johnson Family Foundation2017$70,000
Joyce Foundation2010-2013, 2015-2016$3,643,492
JPB Foundation2013-2014, 2016-2017$5,100,000
JPMorgan Chase Foundation2017$250,000
Just Keep Livin Foundation2017$9,000
Kalliopeia Foundation2015$20,000
Kate Mcgrath & J. J. Abrams Family Foundation2013, 2015$108,925
Kathryn B Mcquade Foundation2015$25,000
Kathryn J. Dinardo Trust Fund2014$10,000
Kavli Foundation2016$95,000
Keith Campbell Foundation For Environment2013$22,000
Kenbe Foundation2015-2016$125,000
Kendeda Fund2014-2017$1,540,000
Kl Felicitas Foundation2010-2011$62,400
Klarman Family Foundation2015$2,200,000
Kohlberg Foundation Inc.2008$60,000
Koonce Family Foundation Trust2014-2017$21,250
Kraft Foods Group Foundation2014$5,000
Kresge Foundation2011-2013, 2015-2017$2,235,000
Krl Foundation2016$10,000
L R Bauman Foundation Inc.2017$123,600
La Salle Adams Fund2014-2015$230,000
Laird Norton Family Foundation2014$20,000
Lalor Foundation Inc.2017$20,000
Larry R Rogers Foundation2015$8,000
Laura And John Arnold Foundation2016$165,000
Lebowitz-Aberly Family Foundation2015-2016$10,000
Leichtag Foundation2016-2017$13,000
Lenfest Foundation Inc.2016$250,000
Leo S. Guthman Fund2014$5,000
Leon Levy Foundation2017$50,000
Leona M. And Harry B. Helmsley Charitable Trust2013-2014, 2016-2017$6,207,593
Leonard And Sophie Davis Fund2013, 2015-2016$845,000
Leslie & Roslyn Goldstein Foundation2017$25,000
Liberty Hill Foundation2015$25,000
Liberty Prairie Foundation2015$10,000
Lillian Goldman Charitable Trust2013$10,000
Lillian Wren Foundation2016$100,000
Limestone Foundation2016$35,000
Linehan Family Foundation Inc.2016$100,000
Lippman Kanfer Family Foundation2017$32,000
Lisa And Douglas Goldman Fund2014, 2017$100,050
Lisa And John Pritzker Family Fund2011$5,000
Loughridge-Williams Foundation2012$10,000
Louis and Anne Abrons Foundation Inc.2014$100,000
Lumina Foundation For Education Inc.2012-2014$500,000
Lumpkin Family Foundation2011-2012, 2014-2016$200,000
Lutron Foundation2016-2017$30,000
Mai Family Foundation2009$200,000
Marguerite Casey Foundation2015-2016$250,000
Marin Community Foundation2013$25,000
Marisla Foundation2012-2014, 2016$755,000
Mary H. Storer Foundation2016-2017$25,000
Mary Wohlford Foundation2015-2016$102,500
McKnight Foundation2013-2106$127,6000
Mead Family Foundation2008$5,000
Meehan Foundation2016$35,000
Melampy-Lawrence Charitable Trust2017$80,000
Menemsha Family Fund 2010$25,000
Meyer Memorial Trust2012$50,000
Miami Foundation2015$25,000
Michael And Jill Stansky Family Foundation2016$25,000
Michael And Susan Dell Foundation2016$333,333
Michael Reese Health Trust2014-2016$16,0000
Minneapolis Foundation2015-2017$89,500
Mississippi Common Fund Trust2015$2,100,000
MKM Foundation2011-2012$100,000
Moore Charitable Foundation Inc.2016$4,800
Moriah Fund Inc.2012, 2014$290,000
Morningstar Foundation2013 ,2015-2016$135,000
Movado Childrens Foundation2016$12,975
Ms Foundation For Women Inc.2016-2017$20,000
Musk Foundation2014-2015$250,000
Myers Family Foundation Inc.2011$10,000
Nancy & Miles Rubin Foundation2016$15,000
Naomi And Nehemiah Cohen Foundation2014-2016$70,000
Natembea Foundation Inc.2010, 2012$32,320
National Fish And Wildlife Foundation2015-2016$60,000
National Park Foundation2013$25,000
National Philanthropic Trust2011-2012, 2016$335,000
Nature Conservancy2013$197,500
NEA Foundation for Improvement Of Education2017$117,500
Nellie Mae Education Foundation Inc.2013$50,000
Neubauer Foundation2015-2017$2,550,000
New Hampshire Charitable Foundation2016-2017$95,000
New Profit Inc.2017$200,000
New Visions Foundation2015-2016$24,000
New World Foundation2015$50,000
New York Community Trust2014$7,500
New-Land Foundation Inc.2009, 2015$50,000
Newman's Own Foundation2016-2017$160,000
Newschools Venture Fund2015$2,75,000
Nia Community Foundation2016-2017$10,000
Nike Foundation2011, 2015-2016$1,461,000
Novo Foundation2014-2016$6,593,000
Oak Foundation USA2012-2017$3,245,344
Odysseyre Foundation2011$162,300
One8 Foundation2015$840,500
Open Door Foundation2014$20,000
Orlebeke Foundation2017$100,000
Orr Family Foundation2011-2012$105,298
Osprey Foundation Inc.2012, 2014-2015$651,520
Overbrook Foundation2015$50,000
Overdeck Family Foundation, Inc.2015-2016$625,000
Park Foundation Inc.2013-2014$205,000
Parsons Family Foundation2016$6,000
Passport Foundation2015-2016$375,000
Patagonia Org2014-2015$80,000
Paul And Joanne Egerman Family Charitable Foundation2016$25,000
Paul G Allen Family Foundation 2010$125,000
Peninsula Community Foundation Of Virginia Inc.2012$15,000
Pepsico Foundation Inc.2016$50,000
Perelman Family Foundation Inc.2015$750,000
Pershing Square Foundation2016$5,250,000
Peterffy Foundation2016-2017$45,000
Pew Charitable Trusts2015$115,486
Philanthropic Ventures Foundation2014, 2016$70,000
Philip D & Tammy S Murphy Foundation2012$10,000
Pisces Foundation2015-2017$718,100
Porphyry Road Foundation2014, 2016-2017$30,000
Ppl Foundation2016-2017$515,500
Pritzker Traubert Foundation2016$47,500
Proteus Fund Inc.2016-2017$467,500
Public Welfare Foundation Inc.2012-2016$4,417,000
Quixote Foundation Inc.2011-2012, 2014-2016$527,500
Raikes Foundation2015-2017$929,000
Rasmuson Foundation2013-2014$10,000
Rauch Foundation Inc.2014-2016$15,500
Ray And Dagmar Dolby Family Fund2016$50,000
Recanati-Kaplan Foundation2012$10,000
Renker Family Foundation2017$50,000
Research Corporation2015-2016$132,500
Richard And Hinda Rosenthal Foundation 2010$5,000
Richard Meier Foundation2016$5,000
Richard W Goldman Family Foundation2014, 2016$985,000
Richard W Hotes Foundation2015$210,000
Rider-Pool Foundation2014-2017$185,000
Rita Allen Foundation2016$50,000
Robert W Deutsch Foundation2013-2017$535,000
Robert Wood Johnson Foundation2015-2017$11,483,777
Robin Hood Foundation2016$450,000
Rochester Area Community Foundation2017$5,000
Rockefeller Brothers Fund Inc.2007-2008, 2010-2013, 2015-2016$4,009,122
Rockefeller Family Fund Inc.2007, 2010-2011$155,100
Rockefeller Foundation2011-2012, 2014-2017$5903,178
Rockefeller Philanthropy Advisors Inc.2009-2012, 2014-2017$961,116
Ronald W Burkle Foundation2014$22,622
Rose Foundation For Communities And The Environment2014$25,000
Rosenberg Foundation2017$200,000
Rosenthal Family Foundation2014, 2016$100,000
Rotonda Foundation2015$5,000
Rudolf Steiner Foundation Inc.2013-2015$470,000
Russell Family Foundation2014$10,000
S Kent Rockwell Foundation Inc.2017$5,000
S. D. Bechtel Jr. Foundation2014-2017$1,615,000
Samuel J & Ethel Lefrak Charitable Trust2015$10,000
Samuel S Fels Fund2016$25,000
San Diego Foundation2015$25,000
San Francisco Foundation2011, 2014-2016$146,500
Sandy River Charitable Foundation2013-2017$25,500
Santa Barbara Foundation2017$128,200
Sara & Evan Williams Foundation2014$125,000
Sara Blakely Foundation Inc.2015$150,000
Satter Foundation2011-2013, 2015-2016$2,600,000
Scherman Foundation Inc.2016$50,000
Schmidt Family Foundation2012, 2014-2016$322,250
Schooner Foundation 2010$35,000
Schwab Charitable Fund2011-2014, 2016-2017$5,463,885
Scott W Fitzmorris Trust 12052012 - The Swf Immersion Foundation2017$80,000
Sean N Parker Foundation2013, 2015, 2017$7,500,000
Seattle Foundation2010, 2014-2017$155,640
Seed Fund Grants Inc.2017$15,000
Shachar Foundation Trust2015-2017$35,000
Shell Oil Company Foundation2016$9,561
Shelley & Donald Rubin Foundation Inc.2014$10,000
Shurl And Kay Curci Foundation 2018$50,000
Sidney A Swensrud Foundation2014, 2016$350,000
Sierra Club2009, 2016$34,500
Sierra Health Foundation2016$25,000
Silicon Valley Community Foundation2010-2011, 2014-2017$16,560,015
Simons Foundation Inc.2013, 2015$705,000
Sister Fund Inc.2014, 2016$20,000
Skillman Foundation2015$50,000
Skoll Fund2014, 2016-2017$21,000,000
Skoll Global Threats Fund2015-2016$625,000
Sorenson Impact Foundation2017$50,000
Southern Company Charitable Foundation Inc.2015$100,000
Southern Education Foundation Inc.2014-2015, 2017$225,000
Spencer Foundation2011, 2016$65,000
Start Something That Matters Foundation2015-2016$375,000
Stephen Case Foundation2014$25,000
Stephen M Silberstein Foundation2015$100,000
Steward Family Foundation2016$71,173
Stuart Family Foundation2015-2016$22,000
Summer Fund Ii2008, 2011-2012$40,000
Sunlight Foundation2014$10,000
Surdna Foundation Inc.2011-2013$1,462,302
Susan Thompson Buffett Foundation2012-2017$49,268,657
Susman Foundation2011$20,000
Swift Foundation2012-2017$813,200
Tecovas Foundation2013-2014$29,000
Telluride Foundation2017$15,000
Thalia & Michael C Carlos Foundation Inc.2016$50,000
Thornburg Foundation2015-2016$12,668
Tides Foundation2007-2008, 2010-2014, 2017 $2,575,086
Tiffany & Co. Foundation2013$100,000
Tomkat Foundation2016$25,000
Tow Foundation2014, 2017$130,000
Town Creek Foundation Inc.2013-2016$107,500
Trehan Family Foundation Inc.2011$10,000
True North Foundation2012-2017$672,000
Tulsa Community Foundation2015$75,000
Turner Foundation Inc.2015$85,000
Underdog Foundation2013$10,000
United Way Of Greater St Louis Inc.2016-2017$198,608
United Way Of The Greater Lehigh Valley2016-2017$49,239
V Kann Rasmussen Foundation Inc.2016-2017$384,600
Vanguard Charitable Endowment Program2010-2014$4,839,302
Vatheuer Family Foundation Inc.2015, 2017$35,000
Voya Foundation2014$50,000
W. K. Kellogg Foundation2009-2017$32,111,025
Wallace Alexander Gerbode Foundation2012-2014$75,000
Wallace Foundation2015$100,000
Wallace Global Fund Ii2013, 2015-2017$1,581,000
Wallace H Coulter Foundation2016$155,000
Wal-Mart Foundation Inc.2016$100,000
Walter S Mander Foundation2012, 2014-2018$212,429
Walton Family Foundation Inc.2012-2016$14,925,829
Wege Foundation2015$5,000
Weingart Foundation2017$10,000
Wells Fargo Foundation2016-2017$200,000
Wellsprings Philanthropic Fund Inc.2017$6,796,500
Western Union Foundation2015$10,000
Westwind Foundation2012-2017$726,250
Wilburforce Foundation2007-2009, 2015-2016$295,000
William & Flora Hewlett Foundation2007, 2009, 2011-2017$45,243,500
William B Wiener Jr Foundation2012, 2016-2017$60,000
William K Bowes Jr Foundation2016$150,000
William Penn Foundation2010, 2012-2013, 2015$419,316
Women Donors Network2014$9,000
Woodbury Fund Inc.2007$5,000
Woodcock Foundation2014-2017$790,000
World Wide Technology Foundation2016-2017$100,000
Wunderkinder Foundation2011$10,000
Wyss Foundation2007-2009, 2010-2016$21,336,600
Zarley Fam Foundation2007-2008, 2017$5,000

Grants from New Venture Fund

The New Venture Fund paid out $205,351,216 in grants to other nonprofits in 2018; in 2017, it paid out $154,740,778 in grants. [32] It has consistently made grants to (unnamed) groups outside of the United States, including Central America and the Caribbean; South America; Sub-Saharan Africa; East Asia and the Pacific; Western Europe; Russia and Eastern Europe; and Mexico and Canada. These grants included support for, among other things, “advocacy,” “social action,” “civil rights,” and “environmental programs.” In 2018, NVF paid out $37,756,628 in foreign grants. [33]

In 2018, NVF reported that it paid out $14,566,321 in grants to other organizations that was used for lobbying purposes. [34]

Consulting and Management Fees

From 2007 to 2017, New Venture Fund reported contractor expenditures totaling $142,937,638. Of this, $68.2 million was paid to its management firm, Arabella Advisors. A list of all contractor, consulting, and management fees paid by the New Venture Fund between 2007 and 2017 is listed below. [35]

New Venture Fund: Contractor FeesTotal (2007-2018)
Sum$171,265,499
Arabella Advisors$87,140,657
Purpose Campaigns LLC$17,796,644
Bullpen Integrated Marketing LLC$11,915,145
DCI Group AZ$10,518,027
International Scholarship and Tuition SE$6,896,527
Purpose Campaigns$3,646,926
SKDKnickerbocker$3,020,363
Shepardson Stern & Kaminsky$2,887,402
GMMB Inc.$2,773,957
Hilltop Public Solutions$2,499,822
270 Strategies Inc$2,162,386
Bridgespan Group$1,894,826
Williamsworks$1,851,281
Home Front Communications$1,816,689
PBJS$1,718,448
Commonhealth Action$1,673,437
Global Flight Relief$1,516,838
S&B Public Solutions LLC$1,232,689
STTEP International$1,088,196
Fair Elections Legal Network$1,087,425
Ional Media Research Plan and Placement$997,787
Group Inc.$970,000
Ridgeback USA$659,998
Turly Pictures$638,729
Parthenon Group$605,000
Tempus Jets$586,248
Global Health Strategies$475,203
Spitfire Strategies$405,153
Restone Strategy Group LLC$400,000
Tigercomm LLC$220,573
Ziemba Waid Public Affairs$114,623
Izaak Walton League of America Inc.$54,500

Financial Documents

IRS Filings

The New Venture Fund’s IRS Form 990 filings were obtained by the Capital Research Center and are available here:

On October 20, 2009, the New Venture Fund changed its name from its original name, the Arabella Legacy Fund; that filing is available here.

The New Venture Fund’s application for recognition of tax-exempt status under the IRS was filed in January 2007 and available here.

References

  1. “About New Venture Fund.” Accessed February 17, 2017. http://www.newventurefund.org/about-nvf/ ^
  2. Markay, Lachan. “Over 100 Left-Wing Groups Sourced to DC Dark Money Outfit.” Washington Free Beacon. October 22, 2015. Accessed February 18, 2017. http://freebeacon.com/issues/over-100-left-wing-groups-sourced-to-d-c-dark-money-outfit/ ^
  3. Application for Recognition of Exemption (Form 1023). New Venture Fund. 2006. Available: https://www.influencewatch.org/app/uploads/2019/03/New-Venture-Fund-1023-IRS-Exemption.pdf ^
  4. Application for Recognition of Exemption (Form 1023). New Venture Fund. 2006. Available: https://www.influencewatch.org/app/uploads/2019/03/New-Venture-Fund-1023-IRS-Exemption.pdf ^
  5. Application for Recognition of Exemption (Form 1023). New Venture Fund. 2006. Available: https://www.influencewatch.org/app/uploads/2019/03/New-Venture-Fund-1023-IRS-Exemption.pdf ^
  6. Application for Recognition of Exemption (Form 1023). New Venture Fund. 2006. Available: https://www.influencewatch.org/app/uploads/2019/03/New-Venture-Fund-1023-IRS-Exemption.pdf ^
  7. Hayden R. Ludwig. “Big Money in Dark Shadows: Arabella Advisors’ Half-billion-dollar ‘Dark Money’ Network.” Capital Research Center (DarkMoneyATM.org). https://darkmoneyatm.org/wp-content/uploads/2019/08/CRC_Arabella-Advisors-Dark-Money_small.pdf ^
  8. Return of Organization Exempt from Income Tax (Form 990). New Venture Fund. 2018. Part III (Statement of Program Service Accomplishments). Line 1. ^
  9. Return of Organization Exempt from Income Tax (Form 990). New Venture Fund. 2018. Part III (Statement of Program Service Accomplishments). Line 4a. ^
  10. Return of Organization Exempt from Income Tax (Form 990). New Venture Fund. 2018. Part III (Statement of Program Service Accomplishments). Line 4b. ^
  11. Return of Organization Exempt from Income Tax (Form 990). New Venture Fund. 2018. Part III (Statement of Program Service Accomplishments). Line 4c. ^
  12. Return of Organization Exempt from Income Tax (Form 990). New Venture Fund. 2018. Part III (Statement of Program Service Accomplishments). Line 4d. ^
  13. “About New Venture Fund.” New Venture Fund. Accessed March 22, 2019. http://www.newventurefund.org/about-nvf/ ^
  14. Northey, Hannah. “Dem strategist takes on oil industry – despite the odds.” E&E News. September 10, 2015. Accessed February 18, 2017. http://www.eenews.net/stories/1060024471 ^
  15. Baron, Ethan. “Google’s secretive and deep-pocketed foe heavily funded by Gates, Hewlett foundations.” SiliconBeat. July 19, 2016. Accessed February 18, 2017. http://www.siliconbeat.com/2016/07/19/googles-secretive-and-deep-pocketed-foe-heavily-funded-by-gates-hewlett-foundations/ ^
  16. Baron, Ethan. “Google’s secretive and deep-pocketed foe heavily funded by Gates, Hewlett foundations.” SiliconBeat. July 19, 2016. Accessed February 18, 2017. http://www.siliconbeat.com/2016/07/19/googles-secretive-and-deep-pocketed-foe-heavily-funded-by-gates-hewlett-foundations/ ^
  17. Wilson, Steve. “New Venture Fund gave more than $5 million to Mississippi initiative fight.” Watchdog. November 16, 2015. Accessed February 18, 2017. http://watchdog.org/246855/new-venture-fund/ ^
  18. Biddle, Reshawn. “NEA’s $138 Million Political Spree.” Dropout Nation. November 30, 2016. Accessed February 18, 2017. http://dropoutnation.net/2016/11/30/neas-138-million-influence-spree/ ^
  19. New Venture Fund Board of Directors page. Accessed February 17, 2017. http://www.newventurefund.org/about-nvf/board-of-directors/ ^
  20. New Venture Fund Staff Biographies page. Accessed February 20, 2017. http://www.newventurefund.org/about-nvf/staff-biographies/ ^
  21. New Venture Fund Staff Biographies page. Accessed February 20, 2017. http://www.newventurefund.org/about-nvf/staff-biographies/ ^
  22. New Venture Fund Board of Directors page. Accessed February 17, 2017. http://www.newventurefund.org/about-nvf/board-of-directors/ ^
  23. New Venture Fund Board of Directors page. Accessed February 17, 2017. http://www.newventurefund.org/about-nvf/board-of-directors/ ^
  24. Return of Organization Exempt from Income Tax (Form 990). New Venture Fund. 2007-2015. Part VII (Compensation of Officers, Directors, etc.). ^
  25. Return of Organization Exempt from Income Tax (Form 990). New Venture Fund. 2018. Part VII (Compensation of Officers, Directors, Trustees, etc.). ^
  26. Return of Organization Exempt from Income Tax (Form 990). New Venture Fund. 2018. Part I: Line 15. Part VII (Compensation of Officers, Directors, etc.). ^
  27. Return of Organization Exempt from Income Tax (Form 990). New Venture Fund. 2018. Part I. Lines 12, 13, 18, 22. ^
  28. Return of Organization Exempt from Income Tax (Form 990) (multiple). New Venture Fund. 2006-2018. Part I. Lines 12, 13, 18, 22. ^
  29. Information provided by FoundationSearch. New Venture Fund. 2007-2018. www.FoundationSearch.org ^
  30. Return of Organization Exempt from Income Tax (Form 990). New Venture Fund. 2018. Schedule B. Part I. ^
  31. Information provided by FoundationSearch. New Venture Fund. 2007-2018. www.FoundationSearch.org ^
  32. Return of Organization Exempt from Income Tax (Form 990) (multiple). New Venture Fund. 2017-2018. Part I. Line 13. ^
  33. Return of Organization Exempt from Income Tax (Form 990). New Venture Fund. 2018. Schedule F. Part I. Part V (Supplemental Information). ^
  34. Return of Organization Exempt from Income Tax (Form 990). New Venture Fund. 2018. Schedule B. Part II-B. ^
  35. Return of Organization Exempt from Income Tax (Form 990). New Venture Fund (2007 – 2017). Part VII, Section B (Independent Contractors.) ^

Directors, Employees & Supporters

  1. Harry Drucker
    Board Member
  2. Wilbur Priester
    Chief Financial Officer and Board Member
  3. Andrew Schulz
    General Counsel and Board Member
  4. Kyle Herrig
    Board Member
  5. Thomas Gibian
    Board Member
  6. Katherine Miller
    Board Secretary
  7. Yanique Redwood
    Board Member
  8. Lee Bodner
    President
  9. Eric Kessler
    Board Chair
  10. Heather Joseph
    Project Director (SPARC)
  11. Arkadi Gerney
    Project Director
  12. Bruce Boyd
    Senior Advisor

Child Organizations

  1. Abortion on Our Own Terms (Non-profit)
  2. Abortion On Our Terms (Non-profit)
  3. All Above All (Non-profit)
  4. Allied Progress (Non-profit)
  5. Avon Breast Cancer Crusade (Non-profit)
  6. Black Civic Engagement Fund (Democracy Alliance) (Non-profit)
  7. Center for Secure and Modern Elections (Non-profit)
  8. Civic Engagement Fund (Non-profit)
  9. Climate and Clean Energy Equity Fund (Non-profit)
  10. Climate Justice Resilience Fund (CJRF) (Non-profit)
  11. Conservative Leaders for Education (Non-profit)
  12. Demand Progress Education Fund (Non-profit)
  13. Climate Fund (Democracy Alliance) (Non-profit)
  14. Democracy Fund (Democracy Alliance) (Non-profit)
  15. Employment Technology Fund (Non-profit)
  16. Fix the Court (FTC) (Non-profit)
  17. Fund for a Safer Future (Non-profit)
  18. Hope and Heal Fund (Non-profit)
  19. Inclusive Economy Fund (Democracy Alliance) (Non-profit)
  20. Keep Birth Control Copay Free (Non-profit)
  21. Latino Engagement Fund (Democracy Alliance) (Non-profit)
  22. Latino Victory Fund (Political Party/527)
  23. Make It Work Campaign (Non-profit)
  24. Media Democracy Fund (MDF) (Non-profit)
  25. National Network of State Teachers of the Year (Non-profit)
  26. New American Majority Fund (Democracy Alliance) (Non-profit)
  27. PACENation (Non-profit)
  28. Pluribus Project (Non-profit)
  29. Research Collaborative Fund (Non-profit)
  30. Restore Public Trust (RPT) (Non-profit)
  31. SAGE Fund (Non-profit)
  32. SalmonState (Non-profit)
  33. Save My Care (Non-profit)
  34. Scholarly Publishing and Academic Resources Coalition (SPARC) (Non-profit)
  35. Science Philanthropy Alliance (Non-profit)
  36. Secure Elections for America Now (SEAN) (Non-profit)
  37. The Enough Project (Non-profit)
  38. TheDream.US (Non-profit)
  39. UnRestrict Minnesota (Non-profit)
  40. Upstream (Non-profit)
  41. UpStream USA (Non-profit)
  42. Voter Engagement Fund (Non-profit)
  43. We Mean Business Coalition (Non-profit)
  44. Western Values Project (Non-profit)
  45. Wild Rivers Project (Non-profit)
  46. Women’s Equality Center (Non-profit)
  47. Youth First Initiative (Other Group)

Donor Organizations

  1. 444S Foundation (Non-profit)
  2. American Federation of Labor-Congress of Industrial Organizations (AFL-CIO) (Labor Union)
  3. Alfred P. Sloan Foundation (Non-profit)
  4. American Federation of Teachers (AFT) (Labor Union)
  5. Angell Foundation (Non-profit)
  6. Annenberg Foundation (Non-profit)
  7. Ben & Jerry’s Foundation (Non-profit)
  8. Bill and Melinda Gates Foundation (Non-profit)
  9. Blue Moon Fund (Cassiopeia Foundation) (Non-profit)
  10. Broad Foundation (Non-profit)
  11. California Wellness Foundation (Non-profit)
  12. Campion Foundation (Non-profit)
  13. Carnegie Corporation of New York (Non-profit)
  14. Charles and Lynn Schusterman Family Foundation (Non-profit)
  15. Chestnut Fund (Non-profit)
  16. Chorus Foundation (Non-profit)
  17. Claneil Foundation (Non-profit)
  18. Compton Foundation (Non-profit)
  19. David and Lucile Packard Foundation (Non-profit)
  20. David Bohnett Foundation (Non-profit)
  21. David Rockefeller Fund (Non-profit)
  22. Democracy Fund (Non-profit)
  23. Environmental Defense Fund (EDF) (Non-profit)
  24. Ford Foundation (Non-profit)
  25. Foundation for Civic Leadership (Non-profit)
  26. Foundation to Promote Open Society (Non-profit)
  27. Gill Foundation (Non-profit)
  28. Gordon E. and Betty I. Moore Foundation (Non-profit)
  29. Heising-Simons Foundation (Non-profit)
  30. Herb Block Foundation (Non-profit)
  31. Howard G. Buffett Foundation (Non-profit)
  32. Hull Family Foundation (Non-profit)
  33. Hyams Foundation (Non-profit)
  34. Jacob & Valeria Langeloth Foundation (Non-profit)
  35. John Merck Fund (Non-profit)
  36. Joyce Foundation (Non-profit)
  37. Kendeda Fund (Non-profit)
  38. Lebowitz-Aberly Family Foundation (Non-profit)
  39. Leona M. and Harry B. Helmsley Charitable Trust (Non-profit)
  40. Leonard & Sophie Davis Fund (Non-profit)
  41. Lisa and Douglas Goldman Fund (Non-profit)
  42. McKnight Foundation (Non-profit)
  43. Moriah Fund (Non-profit)
  44. Musk Foundation (Non-profit)
  45. National Education Association (NEA) (Labor Union)
  46. NEA Foundation (Non-profit)
  47. NEO Philanthropy (Non-profit)
  48. New-Land Foundation (Non-profit)
  49. NoVo Foundation (Non-profit)
  50. Oak Foundation USA (Non-profit)
  51. Passport Foundation (Non-profit)
  52. Paul and Joanne Egerman Family Charitable Foundation (Non-profit)
  53. Pew Charitable Trusts (Non-profit)
  54. Pisces Foundation (Non-profit)
  55. Prince Charitable Trusts (Non-profit)
  56. Priorities USA Foundation (Non-profit)
  57. Prospect Hill Foundation (Non-profit)
  58. Public Welfare Foundation (Non-profit)
  59. Raikes Foundation (Non-profit)
  60. Resources Legacy Fund (Non-profit)
  61. Rita Allen Foundation (Non-profit)
  62. Robert Wood Johnson Foundation (RWJF) (Non-profit)
  63. Robin Hood Foundation (Non-profit)
  64. Rockefeller Brothers Fund (Non-profit)
  65. Rockefeller Philanthropy Advisors (Non-profit)
  66. S.D. Bechtel, Jr. Foundation (Non-profit)
  67. Service Employees International Union (SEIU) (Labor Union)
  68. Sixteen Thirty Fund (Non-profit)
  69. Stephen M. Silberstein Foundation (Non-profit)
  70. Susan Thompson Buffett Foundation (Non-profit)
  71. Swift Foundation (Non-profit)
  72. Tiffany & Co. Foundation (Non-profit)
  73. TomKat Charitable Trust (Non-profit)
  74. Tow Foundation (Non-profit)
  75. Turner Foundation (Non-profit)
  76. Voqal Fund (Instructional Telecommunications Foundation) (Non-profit)
  77. W. K. Kellogg Foundation (Non-profit)
  78. Walton Family Foundation (Non-profit)
  79. Weingart Foundation (Non-profit)
  80. Wellspring Philanthropic Fund (Non-profit)
  81. Western Conservation Foundation (Non-profit)
  82. Wilburforce Foundation (Non-profit)
  83. William Penn Foundation (Non-profit)
  84. Wyss Foundation (Non-profit)

Donation Recipients

  1. 350.org (National) (Non-profit)
  2. ACT for Women and Girls (Non-profit)
  3. Advancement Project (Non-profit)
  4. America Votes (Non-profit)
  5. American Bird Conservancy (Non-profit)
  6. Blueprint NC (Non-profit)
  7. Business for Social Responsibility (Non-profit)
  8. CASA de Maryland (Non-profit)
  9. Center for American Progress (CAP) (Non-profit)
  10. Center for Media Justice (Non-profit)
  11. Center for Popular Democracy (CPD) (Non-profit)
  12. Ceres (Non-profit)
  13. Civic Participation Action Fund (CPAF) (Non-profit)
  14. Coworker.org (Non-profit)
  15. Economic Innovation Group (Non-profit)
  16. Energy Action Coalition (Non-profit)
  17. Environment America Research and Policy Center (Non-profit)
  18. Evangelical Environmental Network (EEN) (Non-profit)
  19. Feminist Majority Foundation (Non-profit)
  20. Ford Foundation (Non-profit)
  21. Free Press (Non-profit)
  22. Gill Foundation (Non-profit)
  23. Gordon E. and Betty I. Moore Foundation (Non-profit)
  24. Guttmacher Institute (Non-profit)
  25. Hispanic Federation (Non-profit)
  26. ISAIAH (Non-profit)
  27. John D. and Catherine T. MacArthur Foundation (Non-profit)
  28. League of Conservation Voters Education Fund (LCVEF) (Non-profit)
  29. Media Matters for America (Non-profit)
  30. Mississippi Center for Justice (Non-profit)
  31. Movement Strategy Center (Non-profit)
  32. National Urban League (Non-profit)
  33. Natural Resources Defense Council (NRDC) (Non-profit)
  34. The Nature Conservancy (TNC) (Non-profit)
  35. NEO Philanthropy (Non-profit)
  36. New America (New America Foundation) (Non-profit)
  37. Ohio Organizing Collaborative (Non-profit)
  38. Partnership Project (Non-profit)
  39. Rockefeller Philanthropy Advisors (Non-profit)
  40. Sierra Club Foundation (Non-profit)
  41. Sixteen Thirty Fund (Non-profit)
  42. State Voices (Non-profit)
  43. The Trace (Non-profit)
  44. Trout Unlimited (Non-profit)
  45. U.S. Peace Corps (Government Agency)
  46. Urban Institute (Non-profit)
  47. We Mean Business Coalition (Non-profit)
  48. Women’s Foundation of California (Non-profit)
  49. YouthBuild USA (Non-profit)
  See an error? Let us know!

Nonprofit Information

  • Accounting Period: December - November
  • Tax Exemption Received: January 1, 2007

  • Available Filings

    Period Form Type Total revenue Total functional expenses Total assets (EOY) Total liabilities (EOY) Unrelated business income? Total contributions Program service revenue Investment income Comp. of current officers, directors, etc. Form 990
    2016 Dec Form 990 $357,581,316 $264,546,947 $364,305,889 $42,489,604 N $363,725,355 $3,205,477 $1,403,901 $236,660
    2015 Dec Form 990 $318,405,056 $214,351,188 $264,453,055 $34,360,980 N $315,729,299 $2,100,649 $620,682 $160,833 PDF
    2014 Dec Form 990 $179,424,945 $134,487,602 $143,413,906 $17,602,708 N $177,897,024 $1,222,950 $341,155 $0 PDF
    2013 Dec Form 990 $112,942,320 $74,982,490 $85,262,349 $4,388,494 N $111,843,284 $906,840 $192,196 $0 PDF
    2012 Dec Form 990 $52,519,099 $39,574,786 $44,254,337 $1,340,312 N $51,601,903 $764,640 $152,556 $0 PDF
    2011 Dec Form 990 $36,542,348 $24,722,363 $32,883,497 $2,913,785 N $35,238,110 $1,138,686 $162,836 $0 PDF

    Additional Filings (PDFs)

    New Venture Fund (NVF)

    1201 CONNECTICUT AVE NW STE 300
    WASHINGTON, DC 20036-2656