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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 2023. Filed on November 12, 2024.

1828 L Street NW 300-a
250
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 2023 IRS Form 990 filing, New Venture Fund, a 501(c)(3) charitable organization, reported compensation for 8 out of 964 total employees. Among the employees shown here, the average compensation is $350,343. The highest compensated employee at New Venture Fund is Fran Seegull with fiscal year 2023 compensation of $489,463.

Revenue, expenses, and employee compensation

Revenue

$669,088,461

Expenses

$894,839,728

Employee compensation

$114,965,351
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Fran Seegull
Project Director
$489,463
$457,732 No related comp$31,731
Lee Bodner
President
$414,576
$363,500 No related comp$51,076
Candy Marshall
Project Senior Advisor
$411,998
$373,400 No related comp$38,598
Sheena Meade
Project Director
$401,709
$357,878 No related comp$43,831
Lisa Quay
Project Director (Through 6/30/23)
$381,334
$367,459 No related comp$13,875
Roger Kim
Project Director
$374,630
$335,402 No related comp$39,228
Shannon Scott
Chief Financial Officer
$317,202
$290,840 No related comp$26,362
Andrew Schulz
General Counsel
$11,830
$11,830 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Adam Eichberg
Board Chair
Akilah Massey
Board Member (AS of 10/30/2023)
Chuck Redmond
Board Member (AS of 06/22/2023)
Daryn Dodson
Board Member
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
$29,948,833
Secondmuse LLC
Project Management
$4,874,124
Safeguard World International Ltd.
Project Management
$2,809,105
Stg LLC
Proj Management Comms Meeting and Event
$2,022,939
National Center for Inquiry and Improvem
Project Management
$2,002,754

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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