Acumen Fund Inc
Acumen's mission is to change the way the world tackles poverty by investing in companies, leaders and ideas.acumen is a global force of entrepreneurs, investors, philanthropists, and social …
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We invest across the capital continuum to help transformational companies grow from seed to scale. acumen invests patient capital in business models that deliver critical, affordable goods and services to the world's poor, improving the lives of millions. Since 2001, Acumen has invested in businesses that provide access to healthcare, energy, education, water & sanitation, housing, financial services, and agricultural services to low-income customers. Our investments are addressing the problems of poverty in East and West Africa, South Asia, Latin America, and the United States.
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Mission
Acumen's mission is to change the way the world tackles poverty by investing in companies, leaders and ideas.acumen is a global force of entrepreneurs, investors, philanthropists, and social innovators working together to build a world based on dignity. We were founded by jacqueline novogratz on the radical idea that business, when cultivated with moral imagination, can break the cycle of poverty. We invest in transformational companies, build sustainable markets, and prepare leaders with the tools they need to create a more just and inclusive future. Since 2001, we have scaled companies and shaped markets in some of the hardest-to-reach communities on the planet, impacting over half-a-billion lives.
Focus areas & reach
· What they work on and whereHow it stacks up against peers
· vs. 6 similar international in United StatesRed flags
· All clearCommon questions
· Auto-generated from filings + methodologyAcumen Fund Inc is a registered international nonprofit based in New York, NY, United States. It is registered with the Internal Revenue Service (IRS). It was founded in 2001 and has been operating for 25 years. Its EIN is 134166228. It has a GiveRadar Integrity Assessment of 76/100 (Strong transparency), indicating well-documented governance, financials, and contact details. This is below the average of 89/100 for international charities in United States. The organization reports $46M in annual revenue. 122 officers and directors are publicly disclosed. No red flags have been detected.
Acumen Fund Inc has a GiveRadar Integrity Assessment of 76/100. This score combines five components: Registration (20 pts), Financial Transparency (30 pts), Governance (20 pts), Contact Availability (10 pts), and Data Recency (20 pts), with negative adjustments for any red flags. A score of 76 ('Strong transparency') reflects well-documented governance, recent financials, named leadership, and working contact details. For comparison, the average integrity assessment for international charities in United States is 89/100.
Acumen Fund Inc is located in New York, NY, United States. The organization was established in 2001 and has been active for 25 years.
Based on official tax filings, Acumen Fund Inc has $46M in annual revenue. Its revenue is significantly above the peer average of $5M. Create a free GiveRadar account to view the complete financial breakdown with year-over-year trends.
Acumen Fund Inc is classified as a International organization, registered in United States. It operates as a Publicly-supported charity (509(a)(2)). It has $46M in annual revenue. The organization has 122 disclosed officers and directors.
No red flags have been detected for Acumen Fund Inc. GiveRadar automatically screens charities for concerning patterns including high executive compensation, low program spending, and missing financial filings. Based on available official data, no issues have been identified.
Acumen Fund Inc has a GiveRadar Integrity Assessment of 76/100 (Strong transparency) and no red flags have been detected, which suggests it is a well-documented organization. It is regulated by the IRS. You can donate directly through their official donation page linked on their GiveRadar profile. GiveRadar provides data for research purposes and does not endorse any organization. Always do your own due diligence.
We invest across the capital continuum to help transformational companies grow from seed to scale. acumen invests patient capital in business models that deliver critical, affordable goods and services to the world's poor, improving the lives of millions. Since 2001, Acumen has invested in businesses that provide access to healthcare, energy, education, water & sanitation, housing, financial services, and agricultural services to low-income customers. Our investments are addressing the problems of poverty in East and West Africa, South Asia, Latin America, and the United States. Acumen Fund Inc is classified as a international organization registered in United States. The organization was founded in 2001.
Among international charities registered in United States: Acumen Fund Inc's GiveRadar Integrity Assessment of 76/100 is below the peer average of 89/100. Its annual revenue of $46M is well above the peer average of $5M.
Yes, donations to Acumen Fund Inc are generally tax-deductible in the United States. Its EIN is 134166228, which you can use for tax filing purposes. Donors can typically deduct contributions on their federal income tax return if they itemize deductions. Consult a tax professional for guidance specific to your situation.
Verified against 4 official sources, last refreshed .
Filing history
5 years on file from IRS 990 (FY2024): revenue, expenses, program spending, assets, and liabilities by fiscal year.
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Tax-deductibility for donors
Donations may be tax-deductible for residents of United States under local rules. Confirm with the charity directly.
ACUMEN FUND INC is registered in United States. Donations from the Netherlands to charities outside the EU/EEA are generally not tax-deductible for Dutch donors unless the charity is listed on the Dutch ANBI register with foreign-recognized status.
Always confirm tax treatment with the charity directly or your tax advisor before donating.
Leadership
Officers & trustees (25)
Source: Public filings
Latest news
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Activity timeline
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Other international in United States, by integrity assessment
Sources and verification
Refreshed
- Registration and legal identity
- Internal Revenue Service (IRS) - Tax Exempt Organization Search
- Financial filings
- IRS Form 990 filings - Fiscal year 2024 most recent on file.
- Officers and trustees
- Internal Revenue Service (IRS) - Tax Exempt Organization Search - 122 disclosed in the public registry.
- Supplementary verification
- Charity Navigator
Data freshness
What we don't know
Honest gaps - our score reflects transparency, not impact
Methodology
GiveRadar combines public registry filings, ProPublica Nonprofit Explorer, Charity Navigator, GuideStar, and news archives into a single 0-100 integrity assessment. We don't take a cut of any donation, ever.
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Quick facts about Acumen Fund Inc
- What is Acumen Fund Inc?
- Acumen Fund Inc is a international publicly-supported charity (509(a)(2)) based in New York, United States. We invest across the capital continuum to help transformational companies grow from seed to scale. acumen invests patient capital in business models that deliver critical, affordable goods and services to the world's poor, improving the lives of millions. Since 2001, Acumen has invested in businesses that provide access to healthcare, energy, education, water & sanitation, housing, financial services, and agricultural services to low-income customers. Our investments are addressing the problems of poverty in East and West Africa, South Asia, Latin America, and the United States.
- When was Acumen Fund Inc founded?
- Acumen Fund Inc was founded in 2001.
- Who leads Acumen Fund Inc?
- Hannah Tofilska serves as Chief Financial Officer.
- Where is Acumen Fund Inc located?
- Headquartered in New York, United States.
- What is Acumen Fund Inc's annual budget?
- Annual revenue for fiscal year 2024 is approximately $10M-$100M. 0% of expenses go to program services.
- Is Acumen Fund Inc trustworthy?
- Acumen Fund Inc has a GiveRadar Integrity Assessment of 76 out of 100 (Strong transparency). The score reflects public-data transparency: registration, financial disclosure, governance, contact details, and how recently data was refreshed. It does not measure program impact.
- What is Acumen Fund Inc's registration number?
- IRS EIN: 134166228.
- What is Acumen Fund Inc's website?
- http://www.acumen.org