New Venture Fund
For The Moving Beyond Oil Project
Type of SupportProject
The New Venture Fund’s Moving Beyond Oil project aims to contribute to the reduction of oil use and the transition to clean-energy alternatives in the transportation sector in the United States. This grant will seek to ensure that the country reduces oil production and consumption sufficiently to achieve our Paris 2020 emission reduction targets. In the absence of strong federal leadership, the climate work will shift to several key states, such as Washington, California, New York, New Jersey, Oregon, and Minnesota.
About the Grantee
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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.