The Commonwealth Fund
Private foundation New York, NY commonwealthfund.org Still adding venture funds
The Commonwealth Fund reports 27 venture funds, $66M in all; 6 are new since its last report.
Holdings are from its Form 990-PF return for the year ending June 30, 2025, compared with the one for June 30, 2024. That is more than a year ago: it may have added or sold funds since. Foundations file up to ten and a half months after their year ends, and the IRS publishes returns months after that. “Still adding venture funds”: 6 funds on this one were not on the one for June 30, 2024.
The numbers
| Vintage | Venture funds |
|---|---|
| 2016 | 1 |
| 2017 | 0 |
| 2018 | 0 |
| 2019 | 0 |
| 2020 | 2 |
| 2021 | 1 |
| 2022 | 3 |
| 2023 | 0 |
| 2024 | 2 |
| 2025 | 1 |
Updates from The Commonwealth Fund
Largest venture holdings
From its Form 990-PF return for the year ending June 30, 2025; “New” is a fund that wasn’t on the return before it.
| Fund, as reported | Manager | Vintage | Year-end value |
|---|---|---|---|
| 137 Ventures V | 137 Ventures Management, LLC | 2020 | $7.6M |
| Founders Fund Growth II | Founders Fund | 2022 | $6.2M |
| Blue Bear II | Blue Bear Investment Group, LLC | — | $5.3M |
| 776 Fund III | 776 Management, LLC | — | $5M |
| Arch Ventures XI | ARCH Venture Partners | — | $4.8M |
In the app: 22 more venture funds, the 2 firms it pays to manage or advise on its investments. Open The Commonwealth Fund in LP Intelligence for every fund it holds and how to reach it, or find the LPs that back firms like yours.
LPs nearby
Within 100 miles, by city: a trip to one can take in the others.
- Carnegie Corporation of New York
- The Guardian Life Insurance Company of America
- Surdna Foundation Inc
- Franklin Lexington Private Markets Fund
- The Leona M and Harry B Helmsley Charitable Trust
- Partners Group Private Equity Fund, LLC
- Partners Group Growth, LLC
- Hess Philanthropic Fund
283 LPs within 100 miles in all: see them on the map.
About this data
Holdings as this foundation lists them on its Form 990-PF (Part II, lines 13 and 15). Amounts are year-end fair market value, or book value where it gives no other, not commitments or returns. As of June 30, 2025; new holdings are those not on its return for the year ending June 30, 2024. Source: IRS Form 990-PF. Funds are linked to a manager by name; a match can be wrong, and the original filing is the record. How Hottub reads its sources.