International : Development and Relief Services
Acumen Fund
Building transformative businesses to solve the problems of poverty
Rating
Income Statement (FYE 12/2007)
Contact Information
Acumen Fund
76 Ninth Avenue
Suite 315
New York, NY 10011
tel: (212) 566-8821
fax: (212) 566-8817
EIN: 13-4166228
Leadership (FYE 12/2007)
| Name | Title | Compensation | % of Expenses | |
|---|---|---|---|---|
| Jacqueline Novogratz | Chief Executive Officer (The person identified as holding the highest position of management, and therefore who would normally be responsible for carrying out the mission of the charity and leading the organization on a day-to-day basis.) | $255,000 | 4.29% |
Donor Privacy Policy
YES, this charity has a written donor privacy policy.
Mission
Founded in 2001, Acumen Fund is a global venture fund that uses entrepreneurial approaches to solve the problems of global poverty. We seek to prove that small amounts of philanthropic capital, combined with large doses of business acumen, can build thriving enterprises that serve vast numbers of the poor. Our investments focus on delivering affordable, critical goods and services - like health, water, housing and energy - through innovative, market-oriented approaches. We believe that pioneering entrepreneurs will ultimately find the solutions to poverty. We use philanthropic capital to make disciplined investments - loans or equity, not grants -that yield both financial and social returns. Any financial returns we receive are recycled into new investments.
Charities Performing Similar Types of Work
| Charity Name | Overall Score | Overall Rating |
|---|---|---|
| Acumen Fund - NY | 65.05 | |
| Root Capital - MA | 67.78 | |
| Water Missions International - SC | 65.72 | |
| Outreach International - MO | 59.59 | |
| Lifewater International - CA | 63.63 |
| Charity Name | Overall Score | Overall Rating |
|---|---|---|
| Acumen Fund - NY | 65.05 | |
| Women for Women International - DC | 54.65 | |
| GlobalGiving - DC | 63.30 | |
| Room to Read - CA | 66.14 | |
| ACCION International - MA | 58.79 | |
| Grameen Foundation USA - DC | 68.35 |





