New Venture Fund
Washington, DC · EIN 20-5806345 · Environment · Rank 1,021 by total revenue
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.
Money, Form 990 for tax year 2024
- Total revenue
- $662,364,100
- Total expenses
- $723,042,837
- Total assets
- $624,857,462
- Salary base (all salaries and wages)
- $68,602,425
- Salaries, other pay and benefits
- $88,378,156
- Employees
- 732
- Salary base per employee
- $93,719
"Salary base" is Form 990 Part IX lines 5 to 7. "Employees" is everyone who got a W-2 that year, full or part time. Form 990-EZ and 990-PF report pay differently; see About the data.
Leadership (11)
| Name | Title | Role | Hours/week | Total pay |
|---|---|---|---|---|
| Lee Bodner | PRESIDENT | Officer | 40 | $438,683 |
| Shannon Scott | CFO (THROUGH 9/2024) | Officer | 40 | $247,961 |
| Adam Eichberg | BOARD CHAIR | Board, Officer | 2 | None reported |
| Katherine Miller | TREASURER AND VICE-CHAIR | Board, Officer | 1 | None reported |
| Tom Gibian | SECRETARY | Board, Officer | 1 | None reported |
| Andrew Schulz | GENERAL COUNSEL | Officer | 1 | None reported |
| Daryn Dodson | BOARD MEMBER (THROUGH 2/2024) | Board | 1 | None reported |
| Harry Drucker | BOARD MEMBER | Board | 1 | None reported |
| Akilah Massey | BOARD MEMBER | Board | 1 | None reported |
| Vatsala Pathy | BOARD MEMBER | Board | 1 | None reported |
| Chuck Redmond | BOARD MEMBER | Board | 1 | None reported |
Top 10 paid people listed
These 7 people received $2,706,814, which is 3.9% of the $68,602,425 salary base shared by 732 employees.
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| Fran Seegull | PROJECT DIRECTOR | Highly paid employee | 40 | $476,013 | $0 | $33,953 | $509,966 |
| Lee Bodner | PRESIDENT | Officer | 40 | $385,900 | $0 | $52,783 | $438,683 |
| James Cowen | PROJECT DEPUTY DIRECTOR | Highly paid employee | 40 | $349,102 | $0 | $47,433 | $396,535 |
| Amie Batson | PROJECT PRESIDENT | Highly paid employee | 40 | $375,000 | $0 | $7,560 | $382,560 |
| Camilla Seth | PROJECT DIRECTOR | Highly paid employee | 40 | $339,664 | $0 | $38,986 | $378,650 |
| Wilson Woodhouse | PROJECT PRESIDENT | Highly paid employee | 40 | $332,564 | $0 | $19,895 | $352,459 |
| Shannon Scott | CFO (THROUGH 9/2024) | Officer | 40 | $227,334 | $0 | $20,627 | $247,961 |
Sources
- IRS e-file return 202513159349305596 (Form 990, period ending 2024-12-31): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 20-5806345
- Organization website (as filed): www.newventurefund.org