SUBJECT-1008.dossier · institution · status: active
NF
subject of file

New Venture Fund

Arabella-managed dark money fund; progressive fiscal sponsor
Tracked because Arabella-managed dark money fund; progressive fiscal sponsor · 43 documented connections
Editorial summary · AI-drafted from public records

Largest entity in the Arabella Advisors network. 501(c)(3) public charity that received $972M in revenue in 2021. Acts as fiscal sponsor for progressive causes. Donors remain anonymous in public filings. Has received funding from Open Society Foundations and other Soros-linked entities.

Facts on record1
Connections mapped43
Sources cited5
✦ Thin coverage gap +204 connected to 43 entities · only 1 facts on record · flagged for follow-up research
Evidence: 1S
Network web → Timeline → Compare with… → Position Drift → Coverage tone → View on Graph → View Card → Export CSV JSON Dossier ← Entity Directory
Stated vs Revealed
No documented contradictions on file.
PATTERN elected official → [donor] → person → [donor] → institution 325× PATTERN organization → [affiliation] → organization → [affiliatio... 61× PATTERN institution → [affiliation] → organization → [affiliation... 61× PATTERN organization → [funding recipient] → institution → [grant... 45× PATTERN organization → [grant recipient] → institution → [funding... 45×
Connection Map
Key Connections
← George Soros person
donor
George Soros's Foundation to Promote Open Society provides funding to the New Venture Fund, a nonprofit that incubates and supports progressive advocacy and research initiatives.
← Hansjörg Wyss person
philanthropic funding
Hansjörg Wyss has donated $245 million to the Sixteen Thirty Fund and the New Venture Fund since 2016, part of his support for politically involved nonprofits.
→ Hopewell Fund organization
sibling organization
New Venture Fund is part of the Arabella Advisors network of nonprofit funds, which includes the Hopewell Fund, Windward Fund, and others, all operating as pass-through entities for anonymous political and advocacy donations.
→ Windward Fund organization
sibling organization
New Venture Fund shares donor-advisory and administrative services with the Windward Fund within the Arabella Advisors structure, often facilitating similar environmental and policy advocacy grants.
← North Fund organization
sibling fund
New Venture Fund is another Arabella Advisors-managed vehicle operating alongside North Fund as part of the same donor-advised fund network.
→ Sixteen Thirty Fund organization
funds
New Venture Fund transfers millions to Sixteen Thirty Fund annually
← Arabella Advisors company
manages
Arabella Advisors manages New Venture Fund ($972M revenue 2021).
← Wyss Foundation institution
donor
Known donor to New Venture Fund through Arabella network
Facts (1)
Data Freshness
Ageing Last update: 160d ago · Avg age: 250d
Confidence Tiers: Primary Source — cross-referenced government/corporate filings Pending Review — sourced but not independently verified AI Inference — analytical hypothesis from cross-referencing
Raw Filing Records (1) — unsourced metadata
Pending Review Search scope note: No usaspending contracts found for "New Venture Fund" in automated database search as of 2026-04-13. This reflects search coverage limits, not confirmed absence from public record.
Added: 13 Apr 2026 UNVERIFIED Research: New Venture Fund — USASpending contracts (no results)
All Connections (43)
→ More Perfect Union organization
funding_recipient secondary since 2021
New Venture Fund has served as fiscal sponsor for More Perfect Union, a progressive media outlet covering labor and economic issues.
→ Accountable Tech organization
funding_recipient secondary since 2020
New Venture Fund has been reported as a fiscal sponsor for Accountable Tech, a group advocating for tech regulation.
funding_recipient secondary since 2021
New Venture Fund has provided fiscal sponsorship for the National Trust for Local News, which supports local journalism.
→ Sixteen Thirty Fund organization
funds confirmed
New Venture Fund transfers millions to Sixteen Thirty Fund annually
→ Press Forward organization
funding_initiative secondary since 2023
New Venture Fund administers Press Forward, a coalition fund that supports local news organizations.
→ First Look Institute organization
funding_recipient secondary since 2017
New Venture Fund has been a fiscal sponsor for First Look Institute, parent of The Intercept, for investigative journalism projects.
→ Open Markets Institute organization
funding_recipient secondary since 2019
New Venture Fund has served as fiscal sponsor for Open Markets Institute, which researches monopoly power.
→ International Crisis Group institution
funding_recipient inferential since 2018
New Venture Fund has been a fiscal sponsor or pass-through funder for International Crisis Group projects.
funding_recipient secondary since 2018
New Venture Fund has been a fiscal sponsor for OCCRP, supporting cross-border investigative journalism.
→ Press Freedom Defense Fund organization
funding_affiliate secondary since 2021
New Venture Fund has been reported as administrator of the Press Freedom Defense Fund, which supports journalists facing legal threats.
→ Laisves TV company
funding_recipient secondary since 2022
New Venture Fund has provided fiscal sponsorship for Laisves TV, a Lithuanian independent media outlet.
→ Ujyaalo 90 Network company
funding_recipient secondary since 2022
New Venture Fund has acted as fiscal sponsor for Ujyaalo 90 Network, a Nepali news outlet.
→ Journalismfund.eu organization
funding_recipient secondary since 2021
New Venture Fund has supported Journalismfund.eu, a European platform for investigative journalism grants.
→ Full Fact organization
funding_recipient secondary since 2020
New Venture Fund has served as fiscal sponsor for Full Fact, a UK-based fact-checking organization.
funding_recipient secondary since 2019
New Venture Fund has been a fiscal sponsor for Committee to Protect Journalists projects.
funding_recipient secondary since 2017
New Venture Fund has provided fiscal sponsorship for CNAS research initiatives.
→ Hopewell Fund organization
sibling organization primary since 2017
New Venture Fund is part of the Arabella Advisors network of nonprofit funds, which includes the Hopewell Fund, Windward Fund, and others, all operating as pass-through entities for anonymous political and advocacy donations.
→ Windward Fund organization
sibling organization primary since 2017
New Venture Fund shares donor-advisory and administrative services with the Windward Fund within the Arabella Advisors structure, often facilitating similar environmental and policy advocacy grants.
→ Demand Justice organization
grant recipient inferential since 2018
New Venture Fund has provided financial support to Demand Justice, a progressive judicial advocacy group, through its donor-advised fund network.
→ Open Society Policy Center organization
grant recipient / partner inferential since 2017
New Venture Fund has been documented as a conduit for grants to the Open Society Policy Center, the advocacy affiliate of George Soros's Open Society Foundations.
→ Community Change organization
grant recipient inferential since 2017
New Venture Fund has made grants to Community Change (formerly Center for Community Change), a left-leaning advocacy organization focused on economic and racial justice.
→ Community Change Action organization
grant recipient inferential since 2018
New Venture Fund has funded Community Change Action, the 501(c)(4) affiliate of Community Change, for political and advocacy activities.
→ Tides Foundation institution
peer organization inferential since 2017
New Venture Fund operates in a similar space to the Tides Foundation as a donor-advised fund that channels large anonymous contributions to progressive causes, often used for similar issue advocacy.
→ Media Matters for America institution
grant recipient inferential since 2017
New Venture Fund has been a funder of Media Matters for America, the progressive media watchdog organization.
→ Roosevelt Institute organization
grant recipient inferential since 2017
New Venture Fund has provided funding to the Roosevelt Institute for its policy research and advocacy work.
→ Roosevelt Forward organization
grant recipient inferential since 2018
New Venture Fund has made grants to Roosevelt Forward, the 501(c)(4) arm of the Roosevelt Institute.
→ The Hub Project organization
grant recipient / partner inferential since 2017
New Venture Fund has funded The Hub Project, a communications and messaging hub for progressive campaigns and policy initiatives.
grant recipient inferential since 2017
New Venture Fund has funded the ACLU for litigation and advocacy on civil liberties issues.
→ Capital Research Center organization
watchdog_scrutinizing secondary since 2019
Capital Research Center has published reports tracking New Venture Fund's grantmaking and its role in the Arabella Advisors network of 'dark money' funds.
watchdog_scrutinizing secondary since 2021
Americans for Public Trust has filed complaints and investigations regarding New Venture Fund's political activities and tax-exempt status.
→ Scott Walter person
analyst / critic secondary since 2019
Scott Walter, president of Capital Research Center, has written extensively on New Venture Fund's role in the Arabella Advisors network and progressive funding.
→ Open Society Foundations institution
donor secondary since 2018
New Venture Fund has received grants from Open Society Foundations for various advocacy and civic engagement projects.
→ Lee Bodner person
leadership secondary since 2026
Lee Bodner serves as the President of New Venture Fund.
← Arabella Advisors company
manages primary
Arabella Advisors manages New Venture Fund ($972M revenue 2021).
← Wyss Foundation institution
donor confirmed
Known donor to New Venture Fund through Arabella network
fiscal_sponsor_relationship secondary since 2007
CAP is among the many progressive organizations that have received grants through the New Venture Fund, a nonprofit managed by Arabella Advisors.
← Democracy Alliance institution
associated organization inferential since 2014
New Venture Fund is a funding intermediary commonly used by Democracy Alliance donors for political and advocacy grants.
← Quantum Fund instrument
grant recipient / funding conduit secondary since 2010
The New Venture Fund, managed by Arabella Advisors, has received and disbursed funds from Soros-linked foundations connected to Quantum Fund wealth.
Potential network association inferential since 2026
Arabella Advisors is closely associated with the New Venture Fund, a major donor-advised fund. By extension, any entity with the 'Arabella' name, including Arabella Acquisition, LLC, could be part of the same network of managed philanthropic or investment vehicles, though no direct link is given in the facts.
← North Fund organization
sibling fund primary since 2018
New Venture Fund is another Arabella Advisors-managed vehicle operating alongside North Fund as part of the same donor-advised fund network.
← Telescope Fund organization
affiliation inferential since 2026
New Venture Fund appears near Telescope Fund in the entity list, which is commonly associated with the Arabella Advisors-managed fund network, suggesting a possible shared structure or affiliation.
← Hansjörg Wyss person
philanthropic funding primary since 2016
Hansjörg Wyss has donated $245 million to the Sixteen Thirty Fund and the New Venture Fund since 2016, part of his support for politically involved nonprofits.
← George Soros person
donor primary since 2010
George Soros's Foundation to Promote Open Society provides funding to the New Venture Fund, a nonprofit that incubates and supports progressive advocacy and research initiatives.
Sources (5)
2026-05-09 UNVERIFIED SEARCH_ERROR: New Venture Fund not found in opencorporates claim_flag Processed 📜 Receipt
2026 UNVERIFIED Research: New Venture Fund — Parliamentary records (no results) parliamentary_record Processed 📜 Receipt
2026 UNVERIFIED Research: New Venture Fund — Court records (no results) court_document Processed 📜 Receipt
2026 UNVERIFIED Research: New Venture Fund — Lobbying disclosures (no results) government_disclosure Processed 📜 Receipt
2026 UNVERIFIED Research: New Venture Fund — USASpending contracts (no results) contract Processed 📜 Receipt