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.
Verified certifications
Confirmed against the issuing authority - not self-reported.
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. 8 similar international in United StatesConcerns
· None foundWhere every $1 goes
· FY2024 · IRS 990 (FY2024)GiveRadar Analysis
Original analysis from GiveRadar's dataset of comparable organizations
Based on the records currently verified by GiveRadar, Acumen Fund Inc has a complete profile, cross-referenced across 4 independent sources including the IRS.
- By reported annual revenue, it is larger than 96% of the 12,755 international charities in the United States with financial records on GiveRadar. See the filings
- GiveRadar has cross-referenced this organization across 4 independent sources, led by the IRS - more than 81% of comparable organizations. See the sources
- Its integrity score of 80 places it in the top 5% of the 25,023 international charities in the United States GiveRadar tracks, because GiveRadar has verified its financial disclosures and its governance. View this cohort
- government registration
- financial records (5 filed years)
- disclosed leadership
- a website
- a contact email
- a donation page
- an owner-submitted profile claim
Analysis based on GiveRadar's benchmark dataset of 2026-07-03. It describes what GiveRadar has verified, not a judgment of the organization itself.
Common 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. According to GiveRadar's records, it holds active tax-deductible status on the IRS Publication 78 list, which means donations are tax-deductible and the organization is in good standing with the IRS. GiveRadar's Integrity Assessment for the organization is 80/100, which reflects how much public information is available, not whether the charity is legitimate. The organization reports $46M in annual revenue. 122 officers and directors are publicly disclosed. No red flags have been detected.
Acumen Fund Inc's EIN (Employer Identification Number) is 134166228. This is the organization's IRS tax identification number; you can use it to verify tax-exempt status and to look up its Form 990 filings with the IRS.
Acumen Fund Inc has a GiveRadar Integrity Assessment of 80/100. 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 80 ('Strong transparency') reflects well-documented governance, recent financials, named leadership, and working contact details. The charity allocates 77% of expenses to programs, which contributes positively to its score. For comparison, the average integrity assessment for international charities in United States is 90/100.
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. It allocates 77% of expenses to programs and services. This is below the average of 83% for international charities in United States. 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 an International organization, registered in United States. It operates as a Publicly-supported charity (509(a)(2)). By size, it is categorized as a large organization. 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.
According to GiveRadar's records, Acumen Fund Inc holds active tax-deductible status on the IRS Publication 78 list, which means donations are tax-deductible and the organization is in good standing with the IRS. It is registered with the Internal Revenue Service (IRS). It reports that 77% of expenses go to programs (the peer average is 83%). You can donate directly through their official donation page linked on their GiveRadar profile. GiveRadar provides data for research and does not endorse any organization. A GiveRadar Integrity Assessment reflects how much public data is available, not whether an organization is safe to donate to, so it is always smart to do your own research before giving.
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 an international organization registered in United States. The organization was founded in 2001.
Among international charities registered in United States: It allocates 77% of expenses to programs, below the peer average of 83%. 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.
Filing history
5 years on file from IRS 990 (FY2024): revenue, expenses, program spending, assets, and liabilities by fiscal year.
See 5 years of revenue, expense breakdowns, and balance sheet.
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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.
Staff & volunteers
From filings and published profiles
Leadership
From FY2024 filing
Officers & trustees (25)
Source: Public filings
25 officers and trustees on file - free with a GiveRadar account.
Latest news
From global news sources
8 articles found
From news sources and the organization. Shown for transparency; news never affects the integrity score.
ScrapUncle raised Rs 22 crore pre-Series A led by Orios Venture Partners and Acumen - The Economic Times
Jacqueline Novogratz | CEO of Acumen | WORTHY 100 - worth.com
British International Investment invests $20 million in Acumen’s Hardest-to-Reach Initiative to expand energy access in frontier African economies - British International Investment
Bridgewater Sustainable Investing Co-Chief Takes CIO Role at Acumen - ai-cio.com
IFC invests $25 million in Acumen’s fund to improve energy Access in Africa - Techpoint Africa
Nonprofit Acumen Fund Extends Lease at 40 Worth Street - Commercial Observer
Acumen Fund – Creating investment portfolios - Alliance magazine
Acumen Fund Co-Invests $2.2 Million in Ugandan Cotton Ginnery - Fast Company
Activity timeline
Filings and press mentions, merged
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Sign up to write a reviewCause areas in United States
How many charities work in each area, with this charity's area highlighted.
Most common causes in United States
Causes charities work on most.
Sources and verification
- 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.
- News and media coverage
- GDELT Project + Google News
- Supplementary verification
- Charity Navigator
Data freshness
What we know and don't know
Exactly which public data we hold on this charity. Our score reflects transparency, not impact.
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Financial data · FY2024 on record
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Named leadership · 122 officers on file
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Executive pay · Disclosed
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Government registration · Registered with an official registry
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Mission statement · Published
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Official website · On record
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Headquarters address · On file
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Direct contact · Email or phone published
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Tax-deductibility · Verified
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Founding date · 2001
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Programs & activitiesNo named programs listed by the charity
Methodology
GiveRadar builds each profile primarily from official government charity registries, supplemented where available by third-party nonprofit databases and news archives, and combines it into a single 0-100 integrity assessment. The exact sources for this charity are listed above. 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, NY, United States.
- What is Acumen Fund Inc's annual budget?
- Annual revenue for fiscal year 2024 is approximately $10M-$100M. 77% of expenses go to program services.
- Is Acumen Fund Inc trustworthy?
- Acumen Fund Inc has a GiveRadar Integrity Assessment of 80 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