ACUMEN FUND INC
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ACUMEN FUND INC is a nonprofit organization dedicated to transforming the approach to poverty alleviation by investing in companies, leaders, and innovative ideas across various sectors, including financial services, education, and health. Founded by Jacqueline Novogratz, ACUMEN operates globally, impacting over half a billion lives since its inception in 2001, with an operating budget of $29.8 million and total revenue of $46.4 million for the 2024 filing year. The organization does not rely on a single funder for more than 50% of its revenue, ensuring a diverse financial base to support its mission. For more information, visit www.acumen.org.
Mission Statement
OUR MISSION IS TO CHANGE THE WAY THE WORLD TACKLES POVERTY BY INVESTING IN COMPANIES, LEADERS AND IDEAS.OUR VISION IS THAT ONE DAY EVERY HUMAN BEING WILL HAVE ACCESS TO THE CRITICAL GOODS AND SERVICES THEY NEED - INCLUDING AFFORDABLE HEALTH CARE, CLEAN ENERGY, EDUCATION, WATER & SANITATION, HOUSING, ACCESS TO FINANCIAL SERVICES, AND AGRICULTURAL INPUTS - SO THEY HAVE THE CHOICE AND OPPORTUNITY TO TRANSFORM THEIR LIVES. THIS IS WHERE DIGNITY STARTS - NOT JUST FOR THE POOR BUT FOR EVERYONE ON EARTH.
Cause Areas
5
Education
Health
Sanitation
Financial services
International relations
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Explore this org's ecosystem
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Frequently Asked Questions
What is ACUMEN FUND INC’s budget?
In 2024, ACUMEN FUND INC reported an annual operating budget of around $29.8 million. More detailed financial information is available to registered users.
What causes does ACUMEN FUND INC support?
ACUMEN FUND INC supports work in Education, Health, Sanitation, Financial services, and International relations.
Where does ACUMEN FUND INC operate?
ACUMEN FUND INC is headquartered in New York, NY.
Who funded ACUMEN FUND INC recently?
In 2025, ACUMEN FUND INC received grants from TARGET FOUNDATION, AMERICAN ONLINE GIVING FOUNDATION INC, and DONOR ADVISED CHARITABLE GIVING INC. More information on this organization’s funders is available to registered users.
What is the largest grant ACUMEN FUND INC received in 2024?
The largest grant to ACUMEN FUND INC in 2024 exceeds $4.5 million.
What is ACUMEN FUND INC’s reliance on government grants?
ACUMEN FUND INC relied on government grants for more than 5% of their total revenue in 2024.