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Non-profit

One World Fund

Location:

Andover, MA
Tax ID:

04-6485766
Tax-Exempt Status:

501(c)(3)

Budget (2023):

Revenue: $842,946
Expenses: $1,335,667
Assets: $12,106,801

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The One World Fund is a grantmaking organization that has provided funding to left-of-center organizations including the New Venture Fund, Truthout, the Democratic Socialists of America Fund, and In These Times. 1 It lists activist Richard Healy as one of the trustees of the Fund. 2 The One  World Fund was founded in 1992 and has maintained assets over $11 million since 2013. 3

Grantmaking

New Venture Fund

The New Venture Fund (NVF) is one of the largest fiscal sponsorship nonprofits in the United States with total assets of more than $700 million by the end of 2023. 4 The organization is one of several nonprofits managed by philanthropic consulting firm Arabella Advisors.  5  In 2024, One World Fund donated $20,000 to the New Venture Fund. 6

Truthout

Truthout is media organization that promotes left-of-center policy related to immigration, criminal justice, environmentalism, and LGBT issues. 7 As of 2025, it has opposed the second Trump administration’s use of U.S. Immigration and Customs Enforcement to detain and deport undocumented migrants within the United States. 8 The outlet has also published pieces favoring abolishing prisons, 9 ending the production of natural gas and oil as sources of fuel,  10 and ending cuts to Medicare and Medicaid it argues would be harmful to members of the LGBT community. 11 In 2024, One World Fund donated $40,000 to Truthout. 12

Democratic Socialists of America Fund

The Democratic Socialists of America Fund is the charitable arm of the Democratic Socialists of America (DSA), the largest socialist organization in the United States. 13 It donates almost entirely to the DSA, and it supports similar goals. 14  15 In 2023, One World Fund donated $40,000 to the Democratic Socialists of America Fund. 12

In These Times

In These Times is a publication recommended by the DSA as a source of news and educational materials aligned with the organization’s views.  16 The publication has argued “[h]ope begins when Democratic Party leadership gives way to the Left. Unions can make it happen.” 17 It has also advocated for left-of-center legislation towards immigration, climate, international relations, and housing reforms. 18 In 2023, One World Fund donated $30,000 to In These Times. 12

Trustees

Richard Healey is a political activist and is listed as the founder of the Grassroots Policy Project and New American Movement as well as a former director of the Institute for Policy Studies. 19 The Grassroots Policy Project has previously promoted connecting left-of-center policy advocacy to undo “the damage of neoliberalism” and that “overcomes white nationalism and transforms the underlying structures of racial capitalism.” 20

In the 1960s and 1970s Healy participated in the civil rights and anti-war movements, after which he started the New American Movement that was eventually absorbed into the Democratic Socialists of America (DSA). Healey is a board member of several organizations including the Partners for Dignity and Rights, See Forward Fund, the Commonwealth Foundation for Inclusive Democracy, and the One World Fund. 19 Healey is listed as a trustee of the One World Fund, and in 2024, he was compensated $160,000 for that role. 2

Grantees

In 2023, the organization made grants to several organizations including American Prospect, Fractured Atlas, the Institute for Local Self Reliance, the New Venture Fund, the Social Good Fund, State Democracy Project, Truthout, V-Day, 1 the American Enterprise Institute (AEI), the Democratic Socialists of America Fund, In These Times, and the Land Stewardship Project. 12

The grant to AEI, which is generally considered right-leaning, was declared as “promotion for Where Have All the Democrats Gone?” 12 The book was written by left-leaning political analysts John Judis and Ruy Teixeira, who had previously written The Emerging Democratic Majority. 21

References

  1. One World Fund, Form 990-PF, 2024, Part XIV Section 3. 
  2. One World Fund, Form 990-PF, 2024, Part VII Section 1. 
  3. “One World Fund TR .” ProPublica. Accessed October 6, 2025. https://projects.propublica.org/nonprofits/organizations/46485766. 
  4. New Venture Fund, Form 990, 2023, Part I Line 20b. 
  5. Philip Rojc. “Big Builds: A Look Inside Arabella Advisors.” Inside Philanthropy. January 14, 2020. Accessed January 15, 2020. https://www.insidephilanthropy.com/home/2019/1/14/big-builds-a-look-inside-arabella-advisors 
  6. New Venture Fund, Form 990, 2024, Part XIV Section 3. 
  7. “Home.” Truthout. Accessed October 6, 2025. https://truthout.org/. 
  8. Hayes, Kelly. “Tear Gas and Protest Music – Fighting Ice on the Ground in Chicago.” Truthout, September 27, 2025. https://truthout.org/articles/tear-gas-and-protest-music-fighting-ice-on-the-ground-in-chicago/. 
  9. “Prison Abolition.” Truthout. Accessed October 6, 2025. https://truthout.org/?s=prison+abolition&post_type=all. 
  10. Ludwig, Mike. “Subsidies for Fossil Fuel Firms Have Doubled Since 2017, Now $35 Billion a Year.” Truthout, September 9, 2025. https://truthout.org/articles/subsidies-for-fossil-fuel-firms-have-doubled-since-2017-now-35-billion-a-year/. 
  11. Rummler, Orion. “Trump’s New Tax Law Could Create Insurmountable Hurdles for LGBTQ Health Care.” Truthout, July 19, 2025. https://truthout.org/articles/trumps-new-tax-law-could-create-insurmountable-hurdles-for-lgbtq-health-care/. 
  12. One World Fund, Form 990-PF, 2023, Part XIV Section 3. 
  13. “Our History.” DSA Fund. Accessed October 6, 2025. https://dsafund.org/our-history/. 
  14. “How We Win.” DSA Fund. Accessed October 6, 2025. https://dsafund.org/how-we-win/. 
  15. “Home.” DSA Labor. Accessed October 6, 2025. https://labor.dsausa.org/. 
  16. “How to Run a Socialist Reading Group .” Democratic Socialists of America. Accessed October 6, 2025. https://www.dsausa.org/blog/reading_group/. 
  17. Nolan, Hamilton. “The Democratic Capitulation Point.” In These Times, February 19, 2025. https://inthesetimes.com/article/democrats-trump-labor-unions-class-war. 
  18. In These Times. Accessed October 6, 2025. https://inthesetimes.com/. 
  19. “Richard Healey.” The Forge. Accessed October 6, 2025. https://forgeorganizing.org/author/richard-healey/. 
  20. “Our Theory of Power.” Grassroots Power Project. Accessed October 6, 2025. https://grassrootspowerproject.org/about/our-theory-of-power/. 
  21. “Where Have All the Democrats Gone? The Soul of the Party in the Age of Extremes .” American Enterprise Institute – AEI. Accessed October 20, 2025. https://www.aei.org/research-products/book/where-have-all-the-democrats-gone-the-soul-of-the-party-in-the-age-of-extremes/. 
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Nonprofit Information

  • Accounting Period: December - November
  • Tax Exemption Received: February 1, 1992

    • 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
    2023 Dec Form PF $842,946 $1,335,667 $12,106,801 $1 $0 $0 $0 $0
    2022 Dec Form PF $637,318 $1,393,096 $12,599,522 $1 $0 $0 $0 $0
    2021 Dec Form PF $788,276 $1,173,209 $13,355,300 $1 $0 $0 $0 $0
    2020 Dec Form PF $102,275 $1,055,504 $13,740,233 $1 $0 $0 $0 $0
    2019 Dec Form PF $2,873,135 $1,139,837 $14,693,462 $0 $0 $0 $0 $0 PDF
    2015 Dec Form PF $792,778 $1,238,523 $13,673,480 $0 $0 $0 $0 $0 PDF
    2014 Dec Form PF $1,031,335 $1,249,808 $14,126,510 $0 $0 $0 $0 $0 PDF
    2013 Dec Form PF $11,786,847 $731,363 $14,360,166 $0 $0 $0 $0 $0 PDF
    2012 Dec Form PF $233,663 $328,604 $3,304,682 $0 $0 $0 $0 $0 PDF
    2011 Dec Form PF $398,728 $310,088 $3,411,154 $0 $0 $0 $0 $0 PDF

    Additional Filings (PDFs)

    One World Fund

    38 ESSEX STREET
    Andover, MA 01810-3761