New Venture Fund
For Support Of The Fenomenal Funds
Type of SupportProject
This grant to New Venture Fund is for Fenomenal Funds, a feminist funder collaborative that seeks to advance the resilience and visibility of members of the Prospera International Network of Women’s Funds. Fenomenal Funds aims to ensure more and better resources for feminist movements by strengthening the ecosystem of women’s funds through shared governance and participatory grantmaking between women’s funds and private philanthropy. During the grant period, Fenomenal Funds will deepen its work with an emphasis on mutual learning, narrative infrastructure funding, strategic engagement with peer funders, and sustaining aligned action in shared governance. (Strategy: Women’s Economic Empowerment Initiative)
About the Grantee
1828 L Street NW, Suite 300 – A, Washington, DC, 20036, United States
Grants to this Grantee
for the SumOfUs
The Hub Education and Engagement Fund is a project of the New Venture Fund, a nonprofit that hosts and incubates a wide range of charitable projects, in conservation, education, global health, and other areas. The fund will undertake the SumOfUs project, which aims to advance a race-conscious economic narrative to replace the zero-sum paradigm that undergirds so many neoliberal policy debates. The project will amplify the core concepts from the 2021 book by Heather McGhee, “The Sum of Us,” marshalling evidence of racism’s role in the rise of neoliberalism and inequality, while promoting solutions for broad-based prosperity. The grant supports multimedia content creation, strategic communications, virtual convenings, research, advising and program support, and administration. Broader understanding of the intersections of race and class will improve policy design and help to provide a new common sense within the field of economic justice experts and advocates.
for the Public Interest Technology University Network (PIT-UN) Fund
The Public Interest Technology University Network (PIT-UN) has grown to 48 institutions, helping to define and develop the PIT ecosystem within academia. In order to support its mission, PIT-UN established the PIT-UN Challenge Fund, which is fiscally sponsored by New Venture Fund. Through the creation of courses and educational programming, PIT-UN offers career pathway models for practitioners-in-training, supports faculty in their efforts to ensure that PIT is recognized and respected as a discipline, and invests $7.8 million in supporting projects that are building a skilled and diverse pipeline of PIT practitioners. This grant provides general support for the PIT-UN Fund.