NonprofitsVenture Capital Foundation

Community Improvement & Capacity Building

Venture Capital Foundation

WASHINGTON, DC

Total revenue

$1.3M

Total expenses

$1.5M

Net assets

$6.4M

Grants received

$2.5M

34 grants

EIN

474114024

Tax year

2024

Mission

Venture forward is a non-profit foundation with a mission to democratize access to the vc industry, empower individuals from all backgrounds and geographies to thrive as investors, and equip future vc leaders with the tools for long-term success. We support emerging fund managers and investors by providing education, mentorship, and resources to advance their careers. We are committed to driving healthy and sustainable generational change within established vc firms, ensuring strong industry stewardship for the future. Through these efforts, we envision a vc industry that reaches all communities across the country, unlocking greater innovation, economic impact, and financial returns.

Programs

1 program

The vc human capital survey, powered by nvca, venture forward, and deloitte, has been conducted every two years since 2016 and captures critical data to understand talent management practices and the state of the workforce in the u.s. Vc industry. The survey is intended to be an educational resource for vc firms to understand how to thoughtfully expand and grow their teams and portfolio. The fifth edition of the survey was fielded to u.s. Vc firms in 2024.

Expenses: $97K

Financials

FY 2024

Revenue

Contributions & grants$238K
Program service revenue$755K
Investment income$299K
Other revenue
Total revenue$1.3M

Expenses

Grants paid
Salaries & benefits$1.2M
Fundraising$95K
Other expenses$292K
Total expenses$1.5M
Total assets$8.0M
Net assets$6.4M

People

14 listed

NameRoleCompensation

ROBERT BOBBY FRANKLIN

DIRECTOR

Board

0.75 hrs/wk

MARYAM HAQUE

EXECUTIVE DIRECTOR

Board

37.25 hrs/wk

KATE MITCHELL

CHAIR

Board

1 hrs/wk

JENNIFER FRIEL GOLDSTEIN

TREASURER

Board

0.3 hrs/wk

NICOLE WALKER

SECRETARY

Board

0.3 hrs/wk

BARRY EGGERS

DIRECTOR

Board

0.3 hrs/wk

HILARY GOSHER

DIRECTOR (FROM MAY '24)

Board

0.3 hrs/wk

SAMARA HERNANDEZ

DIRECTOR

Board

0.3 hrs/wk

CHARLES HUDSON

DIRECTOR (TO MAY '24)

Board

0.3 hrs/wk

COURTNEY MCCREA

DIRECTOR

Board

0.3 hrs/wk

CANDICE MORGAN

DIRECTOR

Board

0.3 hrs/wk

ELLIOTT ROBINSON

DIRECTOR

Board

0.3 hrs/wk

GARTH TIMOLL

DIRECTOR (FROM MAY '24)

Board

0.3 hrs/wk

ELLIE WHEELER

DIRECTOR

Board

0.3 hrs/wk

Grants received

Showing 34 of 34

FromAmountPurposeYear
$5K
UNRESTRICTED GENERAL SUPPORT
2024
$60K
MEDICAL / PUBLIC SERVICES
2023
$50K
For grant recipient's exempt purposes
2023
$10K
PUBLIC, SOCIETAL BENEFIT
2023
$151K
PUBLIC, SOCIETAL BENEFIT
2022
$75K
For grant recipient's exempt purposes
2022
$50K
UNRESTRICTED GENERAL SUPPORT
2022
$25K
GENERAL
2022
$152K
For grant recipient's exempt purposes
2021
$152K
For grant recipient's exempt purposes
2021
$114K
PUBLIC, SOCIETAL BENEFIT
2021
$25K
GENERAL
2021
$250K
PROGRAM SUPPORT
2020
$200K
Community Development
2020
$50K
GENERAL OPERATING
2020
$49K
For grant recipient's exempt purposes
2020
$45K
PUBLIC, SOCIETAL BENEFIT
2020
$25K
GENERAL OPERATING SUPPORT
2020
$25K
NATIONAL VENTURE CAPITAL ASSOCIATION OPERATIONS
2020
$25K
GENERAL
2020
$10K
UNRESTRICTED GENERAL SUPPORT
2020
$2K
GENERAL SUPPORT
2020
$1K
General Unrestricted
2020
$355K
For grant recipient's exempt purposes
2019
$148K
PUBLIC, SOCIETAL BENEFIT
2019
$100K
COMMUNITY & HUMAN SERVICES
2019
$25K
NATIONAL VENTURE CAPITAL ASSOCIATION OPERATIONS
2019
$10K
PUBLIC, SOCIETAL BENEFIT
2018
$7K
For grant recipient's exempt purposes
2018

Funded by

$2.5M from 15 funders · 34 grants · 2018–2024

Fidelity Investments Charitable Gift Fund

$839K · 7 grants · 2018–2023

Donor Advised Charitable Giving Inc

$478K · 6 grants · 2018–2023

National Venture Capital Association

$250K · 1 grant · 2020

Silicon Valley Community Foundation

$200K · 1 grant · 2020

Gs Donor Advised Philanthropy Fund

$166K · 3 grants · 2019–2023

Dixon and Carol Doll Family Foundation

$100K · 2 grants · 2020–2022

Dorsey Foundation Inc

$75K · 3 grants · 2020–2022

Details

EIN474114024
NTEE codeS43
Subsection03
Ruling date2017-12
Formed2015
Employees0
Volunteers12
VENTURE CAPITAL FOUNDATION — Mission, Financials & Grants Received | Grantivo