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Organizations Environmental Quality, Protection & Beautification New Venture Fund

New Venture Fund

Fiscal year ending 2022. Filed on November 10, 2023.

1828 L Street NW 300-a
901
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 2022 IRS Form 990 filing, New Venture Fund, a 501(c)(3) charitable organization, reported compensation for 8 out of 1,075 total employees. Among the employees shown here, the average compensation is $437,345. The highest compensated employee at New Venture Fund is France Cordova with fiscal year 2022 compensation of $580,824.

Revenue, expenses, and employee compensation

Revenue

$755,584,165

Expenses

$825,032,231

Employee compensation

$107,764,719
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

France Cordova
Project Director
$580,824
$543,288 No related comp$37,536
Eliza Byard
Project Senior Advisor
$467,535
$430,954 No related comp$36,581
Fran Seegull
Project Director
$466,417
$436,909 No related comp$29,508
Rakesh Rajani
Project Director
$453,794
$412,092 No related comp$41,702
Pamela Foster
Project Director
$450,676
$412,137 No related comp$38,539
Lee Bodner
President
$395,602
$353,900 No related comp$41,702
Andrew Schulz
General Counsel
$342,356
$300,900 No related comp$41,456
Shannon Scott
Chief Financial Officer
$341,558
$314,900 No related comp$26,658

Benchmark Employee Compensation

Non-Employee Board Members

Adam Eichberg
Board Chair
Daryn Dodson
Board Member
Harry Drucker
Board Member
Katherine Miller
Vice Chair and Treasurer
Tom Gibian
Secretary
Vatsala Pathy
Board Member

Contractors

Zipline International
Project Management
$38,000,000
Arabella Advisors LLC
Admin Operations and Management
$33,114,389
Berlin Rosen LLC
Consulting
$3,022,101
Atlas Technology Solutions Inc
Project Management
$2,685,838
Safeguard World International Ltd.
Project Management
$2,428,716

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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