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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 …

International New York, NY EIN 134166228 · IRS Sign up to see website
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76
Integrity Assessment
Strong transparency
76/100 · methodology

About Acumen Fund Inc

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.

Founded
Headquarters
New York, NY
Foundation type
Publicly-supported charity (509(a)(2))
NTEE code
Q123
IRS subsection
501(c)(c3)
Ruling date

Verified certifications

Confirmed against the issuing authority - not self-reported.

IRS Tax-Deductible since 2001

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 where
🌍 International · NTEE Q123
Cause tags

How it stacks up against peers

· vs. 6 similar international in United States
Program spending This charity: 0%
Peer average: 1%
CEO comp as % of revenue This charity: 0.80%
Peer average: 0.48%
Integrity Assessment This charity: 76
Peer average: 89

Red flags

· All clear
IRS revocation history
Open investigations
Governance scandals
Related-party deals
Excessive exec comp

Common questions

· Auto-generated from filings + methodology

Acumen 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 .

Annual revenue
$10M-$100M
0% to programs
Source: IRS 990 (FY2024) why this matters
Unlock exact figures

Filing history

5 years on file from IRS 990 (FY2024): revenue, expenses, program spending, assets, and liabilities by fiscal year.

Years on record: FY2024, FY2023, FY2022, FY2021, FY2020.
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Taxes

Tax-deductibility for donors

Donations may be tax-deductible for residents of United States under local rules. Confirm with the charity directly.

Always confirm tax treatment with the charity directly or your tax advisor before donating.

Leadership

HA
Hannah Tofilska
Chief Financial Officer

Officers & trustees (25)

Source: Public filings

AL
Alexandra T•••••••
Director & PHILANTHROPY
AM
Amon A•••••••
Director & ACUMEN AMERICA
AM
Amrita B•••••••
CHIEF OF INSIGHTS & STRATEGY
AN
Andrea S•••• C•••••••
Director
BA
Batool H•••••
Director & LEADERSHIP
CA
Carlyle S•••••
President
CA
Carlyle S••••• J••••
PRESIDENT
CA
Catherine C N••••
Director & ACUMEN AMERICA
C
C H••••• B•••
Director
CR
Cristina L••••••••
Director
EL
Eleanor M•••••
Director & LEADERSHIP
HA
Hannah T•••••••
Chief Financial Officer
HA
Hans T••••••
Director
JA
Jacqueline N••••••••
CEO & Director
JA
Jacqueline W••
CHIEF FINANCIAL OFFICER
JO
Joanna M••••••
Director & TALENT
JO
Jo-Ann T••
Director & LEADERSHIP
JU
Julius G•••••
Director
KA
Karen P•••••••
Director
KA
Kathleen C••• W•• L••
Director
KE
Kevin L••••• A••••••••
Director & FUNDRAISING (UNTIL 12 & 7 & 23)
KI
Kirsten N•••••••••••••
Director
LY
Lynn R•••••
BOARD SECRETARY/GENERAL COUNSEL
MA
Margo A••••••••
Director
MA
Mark T•••••
Director
Full names, contact details & compensation

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Latest news

From global news sources

No recent news coverage found

News coverage will appear here when articles mention this organization.

Activity timeline

Filings and press mentions, merged

Form filed
$46.4M revenue
FY2024
IRS_990
Form filed
$53.2M revenue
FY2023
IRS_990
Form filed
$61.1M revenue
FY2022
IRS_990
Form filed
$30.5M revenue
FY2021
IRS_990
Form filed
$28.9M revenue
FY2020
IRS_990

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Peer charities

Other international in United States, by integrity assessment

Charity Score Revenue Program %
Acumen Fund Inc This page 76 $46.4 million -
Empower-Emerging Markets Foundation 89 $11.8 million -
American Leprosy Missions Inc 89 $15.8 million 7%
Orphan Grain Train Inc 89 $53.7 million -
English Language Institute in China 89 $17.1 million -
Cure International Inc 89 $63.2 million 1%
Asi 89 $12.8 million -

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

Last updated
May 27, 2026
Profile completeness
90%

What we don't know

Honest gaps - our score reflects transparency, not impact

Programs & projects
No named programs listed by the charity
Operating reach
Countries where programs run not specified

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.

Read full methodology

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