# New Venture Fund ## Basic Info **Name:** New Venture Fund (NVF) **What is it:** A U.S.-based 501(c)(3) public charity that provides *fiscal sponsorship* to projects and initiatives that do not have their own legal status. NVF serves as the legal and administrative home for these efforts, handling finances, compliance, human resources, and reporting. This structure allows projects to operate under NVF’s nonprofit designation without forming a separate entity. Programmatic and strategic decisions typically remain with the project teams. **Who is involved:** NVF is part of a group of affiliated fiscal sponsorship organizations supported by [Arabella Advisors](https://www.arabellaadvisors.com/), a for-profit consultancy that advises donors and philanthropic foundations. While NVF holds fiduciary and legal responsibility, it does not lead or control the content of the sponsored initiatives. **Location:** Headquartered in Washington, D.C., United States. **Link:** [https://newventurefund.org](https://newventurefund.org) --- ## Entries ### Budget In 2023, NVF reported approximately $669 million in revenue and over $500 million in grants distributed to more than 1,350 organizations. It ended the year with total assets of around $768 million, making it one of the largest fiscal sponsors in the United States.