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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Environmental Quality, Protection & Beautification New Venture Fund

New Venture Fund

Fiscal year ending 2024. Filed on November 11, 2025.

1828 L Street NW 300-a
Suite 4100
Washington, District of Columbia 20036

New Venture Fund (EIN: 20-5806345) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, New Venture Fund, a 501(c)(3) charitable organization, reported compensation for 8 out of 732 total employees. Among the employees shown here, the average compensation is $386,688. The highest compensated employee at New Venture Fund is Fran Seegull with fiscal year 2024 compensation of $509,966.

Revenue, expenses, and employee compensation

Revenue

$662,364,100

Expenses

$723,042,837

Employee compensation

$88,378,156
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Fran Seegull
Project Director
$509,966
$476,013 No related comp$33,953
Lee Bodner
President
$438,683
$385,900 No related comp$52,783
James Cowen
Project Deputy Director
$396,535
$349,102 No related comp$47,433
Amie Batson
Project President
$382,560
$375,000 No related comp$7,560
Camilla Seth
Project Director
$378,650
$339,664 No related comp$38,986
Wilson Woodhouse
Project President
$352,459
$332,564 No related comp$19,895
Shannon Scott
CFO (Through 9/2024)
$247,961
$227,334 No related comp$20,627
Andrew Schulz
General Counsel
$0

Benchmark Employee Compensation

Non-Employee Board Members

Adam Eichberg
Board Chair
Akilah Massey
Board Member
Chuck Redmond
Board Member
Daryn Dodson
Board Member (Through 2/2024)
Harry Drucker
Board Member
Katherine Miller
Vice Chair and Treasurer
Tom Gibian
Secretary
Vatsala Pathy
Board Member

Contractors

Arabella Intermediate Holdings LLC
Admin. and Operational Support
$21,501,874
Daybreaker LLC
Consulting
$2,402,500
Stagwell Global LLC
Consulting
$996,500
Parker Dewey LLC
Consulting
$976,650
The Thomas Consulting Group LLC
Consulting
$910,700

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.

Revisions to this organization profile

November 11, 2025:
2024 New Venture Fund 990 filed
November 12, 2024:
2023 New Venture Fund 990 filed
November 10, 2023:
2022 New Venture Fund 990 filed

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