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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 2018. Filed on November 12, 2019.

1201 Connecticut Avenue NW No 300
900
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 2018 IRS Form 990 filing, New Venture Fund, a 501(c)(3) charitable organization, reported compensation for 8 out of 623 total employees. Among the employees shown here, the average compensation is $286,677. The highest compensated employee at New Venture Fund is Marc Kastner with fiscal year 2018 compensation of $354,197.

Revenue, expenses, and employee compensation

Revenue

$405,281,263

Expenses

$373,007,693

Employee compensation

$49,728,842
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Marc Kastner
Project Director
$354,197
$327,818 No related comp$26,379
Arkadi Gerney
Project Director
$339,517
$307,845 No related comp$31,672
Heather Joseph
Project Director
$337,134
$313,068 No related comp$24,066
Valerie Conn
Project Director
$336,862
$319,300 No related comp$17,562
Candy Marshall
Project Director
$317,073
$286,258 No related comp$30,815
Lee Bodner
President
$295,988
$267,850 No related comp$28,138
Andrew Schulz
General Counsel
$25,965
$25,965 No related compNo other comp
Wil Priester
Chief Financial Officer
$0

Benchmark Employee Compensation

Non-Employee Board Members

Adam Eichberg
Board Chair
Daryn Dodson
Board Member
Eric Kessler
Secretary
Harry Drucker
Board Member
Katherine Miller
Vice Chair and Treasurer
Thomas Gibian
Board Member
Yanique Redwood
Board Member

Contractors

Arabella Advisors
Management/Consulting
$18,920,327
Purpose Campaigns LLC
Consulting
$3,646,926
Dci Group AZ LLC
Consulting
$2,192,345
The Bridgespan Group Inc.
Consulting
$1,894,826
Commonhealth Action
Consulting
$1,673,437

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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