Mark Newhouse

Co-Founder, Left Behind Workers Fund | General Partner, Innosphere Fund

Mark Newhouse spent much of his career delivering products and businesses that generated more than $2.0 billion in revenue in the telecommunications, consumer electronics, and cleantech markets. Mark is a true pioneer in the field of Optical Communications. Any signal moving through the Internet may travel over some of the 30 million kilometers of LEAF® fiber, which he and Yanming Liu invented. Multi-wavelength optical amplifiers developed by the technology organizations he grew and ran may amplify that Internet signal. Optical switches pioneered and deployed by the Corning division that he founded and led may then switch that Internet signal. Mark completed his time at Corning in Shanghai, where he was a Senior Vice President of Corning Incorporated.

Over the last several years in Colorado, Mark has been investing in and advising a variety of startup companies. In 2017 he was named a General Partner of the Innosphere Fund. He currently serves on the Board of Directors of SWIR Visions Systems, Epic River, and Boulder AI.

Since coming to Colorado, Mark has invested much of his time in exploring new models of philanthropy. 

At the onset of the pandemic, Mark co-founded the Left Behind Workers Fund (LBWF), which is providing assistance to recently unemployed workers without documentation. The Left Behind Workers Fund is roughly half-way through distributing 25 million dollars in the form of direct cash assistance and rental assistance to help these workers and their families. These dollars first came from private sources, but LBWF has successfully advocated for public sector tax dollars, and for the first time the State of Colorado appropriated dollars specifically to support the needs of these Left Behind Workers. 

He is the founder of the Social Venture Partners Impact Investing Group. He was an investor in NPX’s first private-pay-for-success transaction and has helped NPX bring this new model of philanthropy to Colorado in the form of NPX’s Colorado Donor Impact Fund. He was also a Founding Circle Sponsor of Colorado Impact Days and currently serves on the Board of Directors of Denver Social Venture Partners,  Impact Charitable, and The Denver Foundation.

Contributions

Going Beyond the Private Foundation: An Exploration of Vehicles

Posted on December 7, 2020 by Mark Newhouse, Eric Stephenson, Sharon Schneider, Will Fitzpatrick

stacks of coins growing larger
The practice of family philanthropy is evolving and so too are the structures that social impact practitioners employ to accomplish their objectives. However, a number of questions remain on the minds of philanthropic families. What are the available vehicles that promote social impact? How do families leverage multiple vehicles successfully? What is the role of a private foundation in relation… Read More

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