New Venture Fund (NVF) is proud to announce the release of its 2024 Impact Report, celebrating another year of helping shape a more just, equitable, and sustainable world. With over 170 active projects spanning areas from education to the environment to civil rights to global health, NVF continues to be an innovator in fiscal sponsorship and philanthropic impact. And it is much more than just a collection of projects, but rather a vehicle for accelerating change built on a foundation of core values.
Innovation in Philanthropy
Now in its 18th year, this year’s report demonstrates how NVF has become an established global leader in fiscal sponsorship, changing the way projects and donors come together. Through this specialized model, NVF streamlines administrative tasks—such as accounting, compliance, human resources, and grants management—so that changemakers can focus on their mission. This approach has enabled NVF projects to maximize their impact, move quickly, and scale their operations efficiently.
As Lee Bodner, President of NVF, notes in a letter opening the Impact Report, “Philanthropy is powerful. It can inspire and fuel optimism for a better future. But it can also be complex and daunting to do at scale. At New Venture Fund, we serve to remove that friction, enabling people, projects, and resources to help change the world.”
As always, the impact of NVF is driven by the more than 900 dedicated staff of projects that call NVF home. The report highlights just a few of these projects and their tremendous impact, including projects that are powering global climate action through innovative interactive models, ensuring all students have access to high-quality education, and publishing research on social determinants of health by race and ethnicity, advancing a healthier future for all Americans.
Building a Stronger Future Together
NVF’s 2024 Impact Report reflects on the organization’s internal values and its commitment to equity and belonging in both its operations and partnerships. NVF’s model goes beyond administrative support; it is built on a foundation of shared values, where each project is dedicated to making the world more just and accessible for all.
“Being a project of the New Venture Fund means being dedicated to making the world more just, equitable, and sustainable,” says Bodner. “We seek out and welcome partners who share a vision of a world built on respect, access, opportunity, distributed power, and advancement for all people.” NVF’s donors and philanthropists play a crucial role in this success, recognizing the value of an organization focused on putting resources to work for good. As the Impact Report makes clear, the work accomplished this year reflects the collective passion and commitment of NVF’s projects, donors, and partners.
Looking Ahead
With growing momentum and an expanding portfolio of projects, NVF looks to the future with optimism. In the past year alone, several NVF-incubated projects became standalone entities, further proving the scalability and sustainability of the organization’s fiscal sponsorship model. As NVF continues to grow, it remains committed to fostering innovation, driving social change, and supporting the visionaries who will shape the future.
Read the full 2024 Impact Report and learn more about how New Venture Fund is making a difference here.
