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Filing year 2024

NEW VENTURE FUND

Washington, District of Columbia·EIN 20-5806345·NTEE C05 · Environment·501(c)(3)
Total revenue
$662.4M
Total assets
$624.9M
Total expenses
$723M
Reported officers
16
Mission

NEW VENTURE FUND, A 501(C)(3) NONPROFIT ORGANIZATION PROVIDING FISCAL SPONSORSHIP, 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 (CONT. SCHEDULE O) TIMES, IN THE RIGHT PLACES TO ACCOMPLISH NEEDED CHANGE.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 7 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Environment organizations in District of Columbia.

Project Director
Highest Compensated Employee
Above 90th percentile
$510k
$542k
Base
$474k
Bonus
Other
$2k
Benefits
$13k
President
75th to 90th percentile
$439k
$466k
Base
$383k
Bonus
Other
$3k
Benefits
$33k
Project Deputy Director
Highest Compensated Employee
Above 90th percentile
$397k
$421k
Base
$332k
Bonus
$15k
Other
$2k
Benefits
$29k
Project President
Highest Compensated Employee
Above 90th percentile
$383k
$406k
Base
$354k
Bonus
Other
$21k
Benefits
Project Director
Highest Compensated Employee
Above 90th percentile
$379k
$402k
Base
$330k
Bonus
Other
$10k
Benefits
$19k
Project President
Highest Compensated Employee
Above 90th percentile
$352k
$374k
Base
$331k
Bonus
$2k
Other
$145
Benefits
CFO (through 9/2024)
75th to 90th percentilevs Environment peers nationwide
$248k
$263k
Base
$203k
Bonus
Other
$24k
Benefits
$7k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 9 unpaid individuals.

Browse compensation in Environment

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at NEW VENTURE FUND equaled 0.1% of the organization's total expenses. The median for environment organizations is 11%.

This organization (2024)
0.1%
Sector median
11%
Middle half of sector
5% to 22%

Based on 4,942 environment organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 4%
from 2023

From $489k in 2023 to $510k in 2024.

$489k
2023
$510k
2024
In today's dollarsEst.
Up 1% in real terms$537k to $542k

Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Highest Compensated Employee pay rose 4% from 2023 to 2024, while revenue fell 1%.

$489k in 2023 to $510k in 2024.
  • Chief Executive Officer pay rose 6% from 2023 to 2024.
  • Chief Financial Officer pay fell 22% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

NEW VENTURE FUND reported revenue and expenses across 2 filing years.

RevenueExpenses
$669.1M
$894.8M
2023
$662.4M
$723M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Environment executives earn in District of Columbia

Comparable environment organizations in District of Columbia pay their highest-earning executive a median of $214,442.

25th percentile
$111k
Median
$214,442
75th percentile
$333k
90th percentile
$460k

These are environment sector-wide figures, not this organization's reported pay. Based on 192 organizations across 192 filings (2022 – 2024).

See full Environment pay data for District of Columbia
FAQ

Common questions about NEW VENTURE FUND

What does the Highest Compensated Employee of NEW VENTURE FUND earn?

In 2024, the Highest Compensated Employee of NEW VENTURE FUND received $509,966 in total compensation. This pay is in the top 10% for Highest Compensated Employee roles among Environment organizations in District of Columbia: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Highest Compensated Employee pay at NEW VENTURE FUND compare with similar nonprofits?

Compared with the same role at Environment organizations in District of Columbia, the 2024 pay of the Highest Compensated Employee at NEW VENTURE FUND falls in the top 10%. In 2024, the highest total compensation at NEW VENTURE FUND equaled 0.1% of the organization's total expenses. The median for environment organizations is 11%.

What are NEW VENTURE FUND's revenue and expenses?

In 2024, NEW VENTURE FUND reported $662.4M in total revenue and $723M in total expenses on its IRS Form 990.

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