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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 2017. Filed on November 12, 2018.

1201 Connecticut Avenue NW No 300
2300
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 2017 IRS Form 990 filing, New Venture Fund, a 501(c)(3) charitable organization, reported compensation for 8 out of 577 total employees. Among the employees shown here, the average compensation is $347,028. The highest compensated employee at New Venture Fund is Marc Kastner with fiscal year 2017 compensation of $562,112.

Revenue, expenses, and employee compensation

Revenue

$358,858,641

Expenses

$329,784,536

Employee compensation

$47,676,392
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Marc Kastner
Project Director
$562,112
$530,450 No related comp$31,662
Heather Joseph
Project Director
$348,439
$328,721 No related comp$19,718
Valerie Conn
Project Director
$313,897
$300,870 No related comp$13,027
Arkadi Gerney
Project Director
$312,209
$282,794 No related comp$29,415
Kari Bodell
Project Director
$293,214
$279,290 No related comp$13,924
Lee Bodner
President
$252,299
$225,000 No related comp$27,299
Andrew Schulz
General Counsel
$0
Wil Priester
Chief Financial Officer
$0

Benchmark Employee Compensation

Non-Employee Board Members

Adam Eichberg
Treasurer
Daryn Dodson
Director
Eric Kessler
Board Chair
Harry Drucker
Board Member
Katherine Miller
Secretary
Tom Gibian
Director
Yanique Redwood
Director

Contractors

Arabella Advisors
Management/Consulting
$17,678,314
Bullpen Integrated Marketing LLC
Consulting
$4,832,366
Skdknickerbocker LLC
Consulting
$3,020,363
Gmmb
Consulting
$2,773,957
Dci Group AZ LLC
Consulting
$1,930,961

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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