Public Charity

ACUMEN FUND INC

Based in NEW YORK, NY, ACUMEN FUND INC operates as a Public Charity. The organization reported $46.4M in revenue, $34.2M in expenses, $217.5M in total assets for fiscal year 2024. Imperigo tracks 132 reported grant relationships connected to this organization totaling approximately $64.4M.

EIN: 134166228 NEW YORK, NY Fund Raising & Fund Distribution NTEE: Q12 Latest filing: 2024
Total Revenue$46.4M
Total Expenses$34.2M
Total Assets$217.5M
Grant Records132
Funding Total$64.4M
Filing Years2019–2024

Mission

SEE SCHEDULE O

Where $100 goes at Acumen Fund Inc

How Acumen Fund Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$80 Programs the work itself
$9 Management running the organization
$11 Fundraising raising the next dollar

Inside the $80 for programs

$54
Investing and portfolio management:we invest across the capital continuum to help transformational companies grow from seed to scale
67% of program spending
$13
Insights & impact:the goal of the insights and impact teams at acumen is to support the mission of solving problems poverty through data-driven strategies
17% of program spending
$13
Fellows & leadership programs:we prepare leaders with the tools, capital and community they need to build scalable solutions to poverty
16% of program spending · Reported in the filing: 99 grants
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

CHIEF OF COMMUNICATIONS Alexandra Gordon
DIRECTOR, ACUMEN AMERICA Amon Anderson
CHIEF OF INSIGHTS & STRATEGY Amrita Bhandari
DIRECTOR Andrea Soros Colombel
PRESIDENT Carlyle Singer Jones
DIRECTOR, ACUMEN AMERICA Catherine C Nanda

Officer compensation and complete director data available with membership.

Top Grant Purposes

International Aid & Development
$24,444,640 11 grants
Economic Development
$14,668,050 16 grants
General Support
$12,686,923 84 grants
Human & Social Services
$8,381,000 7 grants
Education
$1,759,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $46.4M $34.2M $217.5M
2023 $53.2M $30.2M $210.8M
2022 $61.1M $28.9M $187.2M
2020 $28.9M $28.4M $141.5M
2019 $31.0M $26.6M $140.9M

Between 2019 and 2024, reported annual revenue grew from $31.0M to $46.4M (+50%), with total assets most recently reported at $217.5M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for ACUMEN FUND INC

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