New Venture Fund Schedule I Grant Recipient Analysis
**Research Date:** 2026-03-12 **Data Source:** IRS Form 990 XML e-files via ProPublica Nonprofit Explorer (S3 bulk data) **Years Analyzed:** 2022, 2023, 2024 **EIN:** 20-5806345
New Venture Fund Schedule I Grant Recipient Analysis
Research Date: 2026-03-12 Data Source: IRS Form 990 XML e-files via ProPublica Nonprofit Explorer (S3 bulk data) Years Analyzed: 2022, 2023, 2024 EIN: 20-5806345
Executive Summary
Analysis of 2,669 grant recipients across three years of NVF Schedule I filings found NO grants to any target child safety, age verification, or tech policy organizations. NVF is primarily a progressive advocacy funder focused on civil rights, environment, international development, and education. However, $151M in internal Arabella network transfers (especially $121M to the Sixteen Thirty Fund 501(c)(4)) represent an opaque pipeline that could indirectly fund child safety advocacy without appearing in NVF’s own Schedule I.
1. Dataset Overview
| Tax Year | Grant Recipients | Total Grants |
|---|---|---|
| 2022 | 992 | ~$487M |
| 2023 | 823 | ~$393M |
| 2024 | 854 | ~$401M |
| Total | 2,669 | ~$1.28B |
Grant Purpose Category Breakdown (All Years Combined)
| Purpose Category | Count | Total Amount |
|---|---|---|
| Civil Rights, Social Action, Advocacy | 1,191 | $548,023,213 |
| International Development | 78 | $311,246,165 |
| Environmental Programs | 465 | $135,638,346 |
| Youth Development and Education | 394 | $73,357,689 |
| Technology and Innovation | 121 | $54,317,648 |
| Conservation and Climate | 34 | $50,042,000 |
| Health | 117 | $31,605,009 |
| Capacity Building | 109 | $22,087,902 |
| All Other | 160 | $55,165,148 |
2. Target Organization Search Results
2.1 Direct Organization Name Search
SEARCHED FOR: ConnectSafely, ICMEC, NCMEC, FOSI, Thorn, Common Sense Media, Digital Childhood Alliance, Digital Childhood Institute, NCOSE, 5Rights Foundation, FairPlay, CDT, NetChoice, Chamber of Progress, TechNet, EFF, Family Online Safety Institute
RESULT: ZERO MATCHES
None of the target organizations received grants from NVF in any of the three years analyzed. This is a definitive negative finding based on full Schedule I data.
2.2 Digital/Online/Internet Safety Keyword Search
SEARCHED FOR: Grants where organization name OR purpose contained any combination of (digital, online, internet, cyber, tech) AND (safety, protect, safe, harm, abuse)
RESULT: ZERO MATCHES
NVF made no grants whose purpose or recipient name suggests digital/online safety, child online protection, or age verification work.
2.3 Child/Youth-Specific Grants
394 grants totaling $73,357,689 were categorized as “Youth Development and Education.” These are overwhelmingly:
- Education access/equity (Cambiar Education $12.2M, Equal Chance for Education, scholarship programs)
- Diabetes camps for children (Camp Leo, Florida Camp for Children with Diabetes, etc.)
- Child welfare/advocacy (Children’s Defense Fund $17.5K, UNICEF $400K)
- Early childhood education (NAEYC, Head Start programs)
- Youth civic engagement (Generation Citizen, Young Peoples Alliance)
No grants related to: Online safety, age verification, app store regulation, digital childhood, social media harm
2.4 Grants with “Child” in Organization Name
37 grants across 3 years. All are traditional child welfare organizations:
- Children’s Defense Fund ($17,500)
- Child Care Law Center ($200K + $21.6K)
- International Society for Prevention of Child Abuse ($116K)
- Policy Institute for Children of Louisiana ($21.6K + $287K)
- UNICEF ($400K)
- Coleman Advocates for Children and Youth ($350K + $100K + $258K)
None related to digital/online child safety or tech policy.
3. Internal Arabella Network Transfers
CRITICAL FINDING: NVF transferred $150,995,684 to other Arabella network entities:
| Recipient | 2022 | 2023 | 2024 | Total |
|---|---|---|---|---|
| Sixteen Thirty Fund (c)(4) | $34,770,000 | $27,601,875 | $58,932,923 | $121,304,798 |
| North Fund | $5,740,000 | $7,112,995 | $8,055,000 | $20,907,995 |
| Hopewell Fund | $1,260,000 | $3,081,000 | $4,441,891 | $8,782,891 |
| Total Internal | $41,770,000 | $37,795,870 | $71,429,814 | $150,995,684 |
Significance
The $121.3M transfer to the Sixteen Thirty Fund is the single most important finding in this analysis. The Sixteen Thirty Fund is a 501(c)(4) that:
- Does NOT disclose its donors (IRC Section 6033)
- Made $236.5M in grants in 2024 across 318 recipients
- Its own Schedule I would need to be analyzed separately
- Could fund DCA, child safety advocacy, or tech policy organizations without NVF’s Schedule I revealing the connection
In other words: If Meta or any entity wanted to fund child safety/age verification advocacy through the Arabella network, the path would be:
Donor → NVF (c)(3) → Sixteen Thirty Fund (c)(4) → Advocacy group
[donors NOT disclosed] [Schedule I reveals recipients]
The NVF → Sixteen Thirty transfer is visible on NVF’s Schedule I (this analysis). But the Sixteen Thirty Fund’s own donors are never publicly disclosed, and its grant recipients require a separate Schedule I analysis.
4. Location-Based Analysis
Washington, DC Grants
- 344 grants totaling $343,183,092
- Top recipients: Sixteen Thirty Fund ($121M), America Votes ($41M), Climate and Clean Energy Equity Fund ($18M), North Fund ($21M)
- Mostly civil rights/advocacy and environmental organizations
- No child safety or tech policy organizations identified
Palo Alto, CA Grants
- 5 grants totaling $1,002,171
- Schmidt Family Foundation, Connect Humanity, Moore Foundation
- ConnectSafely (3481 Greer Rd, Palo Alto) did NOT receive any NVF grants
Alexandria, VA Grants
- 14 grants totaling $11,361,522
- Global Impact, New Virginia Majority, National Science Foundation
- ICMEC (Alexandria, VA) did NOT receive any NVF grants
5. Conclusions
What This Analysis Proves
NVF does not directly fund ConnectSafely, ICMEC, NCMEC, DCA, DCI, FOSI, Thorn, or any identified child safety / age verification advocacy organization through its Schedule I grants.
NVF’s grant portfolio is overwhelmingly focused on progressive civic engagement, voting rights, environmental programs, and international development - not technology policy or child safety.
NVF transfers $121M+ to the Sixteen Thirty Fund, which operates as a 501(c)(4) with full donor opacity and its own $236M+ grant portfolio.
What This Analysis Does NOT Rule Out
Sixteen Thirty Fund pass-through: The $121M NVF → Sixteen Thirty pipeline could ultimately reach child safety or tech policy groups. Requires separate Sixteen Thirty Fund Schedule I analysis.
Fiscal sponsorship: Projects operating under NVF’s umbrella as “sponsored projects” may not appear as separate grant recipients on Schedule I. NVF had 964 employees and ~600 volunteers in 2023 - some of these may work on sponsored projects related to tech policy.
Other Arabella entities: Hopewell Fund and Windward Fund each have their own Schedule I data not yet analyzed.
Indirect influence: NVF’s $36.7M in lobbying expenditures (including $31.2M in grants to other orgs for lobbying) could support age verification advocacy without appearing as Schedule I grants.
6. Recommended Next Steps
Sixteen Thirty Fund Schedule I analysis - Download and parse the 318 grant recipients from the 2024 filing. This is the most likely place to find child safety / tech policy funding.
NVF Technology and Innovation grants - 121 grants totaling $54.3M. Review these for any tech policy adjacent work.
NVF sponsored projects list - Search for any publicly listed NVF-sponsored projects related to tech policy, age verification, or child safety.
Sixteen Thirty Fund donor investigation - While donors are not publicly disclosed, congressional investigations and investigative reporting may have identified some donors.
Data Files
- Full grant list:
data/processed/nvf_all_grants.csv(2,669 rows) - Keyword matches:
data/processed/nvf_keyword_matches.json - Raw XML files:
data/raw/990_xml/nvf_2022.xml,nvf_2023.xml,nvf_2024.xml
Sources
- ProPublica Nonprofit Explorer API: https://projects.propublica.org/nonprofits/organizations/205806345
- IRS Form 990 XML bulk data (via ProPublica S3 redirect)
- NVF 2023 Public Disclosure Copy: https://newventurefund.org/wp-content/uploads/2024/11/2023-New-Venture-Fund-Form-990-Public-Disclosure-Copy.pdf