From public IRS filings

ACUMEN FUND INC

NEW YORK, NY · International Affairs

EIN (Tax ID): 13-4166228Latest Form 990: 2024IRS ruling year: 2001Find their 990 filing →

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.

Financials (IRS Form 990)

Total revenue
$46.4M
Total expenses
$34.2M
Total assets
$217.5M
Program expense ratio
7743%

Source: IRS Form 990, tax year 2024.

Who funds ACUMEN FUND INC

$57M in foundation grants on record from 48 funders — from IRS 990 grant line items.

Leadership

JACQUELINE NOVOGRATZ — CHIEF FINANCIAL OFFICER (Principal officer)

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