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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 2019. Filed on December 3, 2020.

1201 Connecticut Avenue NW No 300
Ave NW
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 2019 IRS Form 990 filing, New Venture Fund, a 501(c)(3) charitable organization, reported compensation for 8 out of 687 total employees. Among the employees shown here, the average compensation is $339,041. The highest compensated employee at New Venture Fund is Pamela O Foster with fiscal year 2019 compensation of $460,700.

Revenue, expenses, and employee compensation

Revenue

$460,798,902

Expenses

$420,857,504

Employee compensation

$59,279,859
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Pamela O Foster
Project Director
$460,700
$399,048 No related comp$61,652
Lee Bodner
President
$384,144
$320,150 No related comp$63,994
Marc Kastner
Project Director Through 12/2019
$382,860
$338,553 No related comp$44,307
Valerie Conn
Project Director
$379,734
$329,179 No related comp$50,555
Rakesh Rajani
Project Director
$378,683
$332,156 No related comp$46,527
Heather Joseph
Project Director
$362,639
$313,442 No related comp$49,197
Andrew Schulz
General Counsel
$24,528
$24,528 No related compNo other comp
Wilbur Priester
CFO Through 9/2019
$0

Benchmark Employee Compensation

Non-Employee Board Members

Adam Eichberg
Board Chair
Daryn Dodson
Board Member
Eric Kessler
Secretary Through 8/2019
Harry Drucker
Board Member
Katherine Miller
Vice Chair and Treasurer
Thomas Gibian
Secretary Effective 9/2019
Vatsala Pathy
Board Member Effective 8/2019
Yanique Redwood
Board Member Through 1/2019

Contractors

Arabella Advisors LLC
Admin. Operations and Management
$23,261,222
Purpose Campaigns LLC
Consulting
$2,706,679
Berlin Rosen Ltd.
Consulting
$2,242,923
Commonhealth Action
Consulting
$1,760,560
Dci Group AZ LLC
Consulting
$1,638,000

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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