New Venture Fund CEO salary and executive pay
New Venture Fund paid its CEO, Lee Bodner, $438,683 for the fiscal year ending December 2024. That is up $24,107 (5.8%) from the fiscal year ending December 2023. Total revenue on that return was $662,364,100, down 1.0% from $669,088,461 for the fiscal year ending December 2023. New Venture Fund has 3 Form 990 returns on record, for fiscal years ending 2022 to 2024.
Last updated from IRS e-file data. EIN 20-5806345, Washington, DC.
CEO, fiscal year ending December 2024
$438,683
Highest-paid person, fiscal year ending December 2024
$509,966Fran SeegullPROJECT DIRECTOR
- Total revenue
- $662,364,100
- CEO pay vs. peers
- Higher than 12%
Source: Form 990, fiscal year ending December 2024, IRS object ID 202513159349305596.View the filing
Peers: the 330 other organizations on this site with revenue of $500 million to $5 billion. Ranked 290th of 331 by top pay as a share of revenue. Pay is 0.07% of revenue, our calculation from the same return. Revenue is Part I, line 12; peers are compared on their latest full-year returns.
Highest-paid people on the latest return
On the latest return, 1 person was paid more than $500,000 and no one more than $1 million.
| Name and title | Total |
|---|---|
| Fran SeegullPROJECT DIRECTOR | $509,966 |
| Lee Bodner CEO PRESIDENT | $438,683 |
| James CowenPROJECT DEPUTY DIRECTOR | $396,535 |
| Amie BatsonPROJECT PRESIDENT | $382,560 |
| Camilla SethPROJECT DIRECTOR | $378,650 |
Also paid on the latest return: Wilson Woodhouse (PROJECT PRESIDENT), $352,459; Shannon Scott (CFO (THROUGH 9/2024)), $247,961.
Also listed in Part VII of the latest return, with no pay reported: Adam Eichberg (BOARD CHAIR), Katherine Miller (TREASURER AND VICE-CHAIR), Tom Gibian (SECRETARY), Daryn Dodson (BOARD MEMBER (THROUGH 2/2024)), Harry Drucker (BOARD MEMBER), Akilah Massey (BOARD MEMBER), Vatsala Pathy (BOARD MEMBER), Chuck Redmond (BOARD MEMBER), Andrew Schulz (GENERAL COUNSEL).
CEO pay by year
Each row is the CEO on that year's return.
How this pay was reported
The parts of each total, as reported on the return for the fiscal year ending December 2024.
Source: Form 990, fiscal year ending December 2024, IRS object ID 202513159349305596.View the filing
| Part VII | Schedule J | |||||||
|---|---|---|---|---|---|---|---|---|
| Name and title | From org | Other | Base | Bonus | Other | Deferred | Nontaxable | Total |
| Fran SeegullPROJECT DIRECTOR | $476,013 | $33,953 | $474,477 | $0 | $1,536 | $20,700 | $13,253 | $509,966 |
| Lee BodnerPRESIDENT | $385,900 | $52,783 | $382,581 | $0 | $3,319 | $19,634 | $33,149 | $438,683 |
| James CowenPROJECT DEPUTY DIRECTOR | $349,102 | $47,433 | $331,636 | $15,480 | $1,986 | $18,691 | $28,742 | $396,535 |
| Amie BatsonPROJECT PRESIDENT | $375,000 | $7,560 | $353,544 | $0 | $21,456 | $7,560 | $0 | $382,560 |
| Camilla SethPROJECT DIRECTOR | $339,664 | $38,986 | $330,092 | $0 | $9,572 | $20,380 | $18,606 | $378,650 |
These figures come from New Venture Fund's Form 990 returns, as the IRS publishes them. The methodology page explains how they're chosen. To report an error, email corrections@ceopaycheck.com.
How New Venture Fund compares
Not in a ranking yet. See every ranking on this site.
Closest in revenue among organizations in the same revenue band:
Compass Health Network$2,136,339 (CEO), fiscal year ending Jun 2025
Jackson Laboratory$2,746,750 (CEO), fiscal year ending Dec 2024
BakerRipley$512,978 (CEO), fiscal year ending Dec 2024
Corporation for Public Broadcasting$523,612 (CEO), fiscal year ending Sep 2025
PBS$1,602,897 (CEO), fiscal year ending Jun 2025
Common questions
Lee Bodner (PRESIDENT) was paid $438,683 for the fiscal year ending December 2024: $385,900 from New Venture Fund and $52,783 in other compensation (Part VII columns D and F).
The highest-paid person on the latest return was Fran Seegull (PROJECT DIRECTOR), at $509,966. That is $71,283 more than the CEO, Lee Bodner.
New Venture Fund paid its CEO, Lee Bodner, $438,683 for the fiscal year ending December 2024. That is up $24,107 (5.8%) from the fiscal year ending December 2023. The earliest return on record is for the fiscal year ending December 2022, when the CEO was Lee Bodner, paid $395,602. By fiscal year end: December 2022, $395,602 (Lee Bodner); December 2023, $414,576; December 2024, $438,683.
New Venture Fund's return for the fiscal year ending December 2024 reports total expenses of $723,042,837 and total revenue of $662,364,100 (Part I, lines 18 and 12), so expenses exceeded revenue by $60,678,737. Expenses were $894,839,728 for the fiscal year ending December 2023, so they fell 19.2%. The CEO's pay of $438,683 equals 0.06% of expenses, our calculation.
From the 3 Form 990 returns New Venture Fund filed with the IRS for fiscal years ending 2022 to 2024. The latest full-year return was filed on November 11, 2025. Schedule J of the fiscal year ending December 2024 return breaks down pay for all 5 people in the pay breakdown above.