Acumen

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.

New York NY | EIN: 13-4166228
Profile managed by nonprofit | Is this your nonprofit?
501(c)(3) organization

Acumen

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.

New York NY | EIN: 13-4166228
Profile managed by nonprofit | Is this your nonprofit?
501(c)(3) organization

Beacon Report

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  • Additional Information
Accountability Panel
ScoreMetric
100%
Website Reported on Tax Form:Yes
100%
No Material Diversion of Assets:Yes
100%
Financial Statements:Yes
100%
Audit Oversight Committee:Yes
100%
No Loans Reported To or From Officers:Yes
100%
Records Retention Policy:Yes
100%
Tax Form Disclosed on Website:Yes
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