Charity profile · Historical source record

Acumen

Historical collection: May 2019 · Rating details mostly from 2017. Source & context

The mission

What this organization describes

Acumen raises charitable donations to invest in companies, leaders and ideas to change the way the world tackles poverty
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.

Mission and tagline reproduced from the source record.

Historical scorecard

Three perspectives. One record.

95.27Overall score
out of 100
93.32Financial score
out of 100
100.00Accountability & transparency
out of 100

These are the dataset’s historical numeric fields, not a current rating or a new DonorAPI.com assessment. Read the score context ↗

Financial context

Revenue, expenses, and composition

Total revenue · USD$30,363,773
Total expenses · USD$19,444,682

Program expenses

$14,914,071.09 recorded amount
76.7%

Fundraising expenses

$2,119,470.34 recorded amount
10.9%

Administrative expenses

$2,391,695.89 recorded amount
12.3%
Fundraising efficiency
$0.08 spent per $1 raised in donations, as defined in the source.

Expense shares are displayed as percentages. Component amounts in this collection match total expenses multiplied by the source ratios; rounding can leave a small difference from the total. The source does not supply a row-specific fiscal year. Field definitions ↗

Historical leadership record

The leadership information supplied

Recorded leader
Jacqueline Novogratz
Recorded compensation
$351,901.00
Recorded compensation percentage
1.80%

These fields do not establish the current officeholder or current compensation. The metadata does not specify the denominator of the leader compensation percentage. Read with context ↗

Inspect all 23 original source fields

Exact source strings are retained below, including numeric precision. A blank value is marked as not reported; zero remains zero.

All 23 original fields for Acumen
Source fieldOriginal source value
ascore
Accountability & transparency score
100.0
category
Category
International
description
Mission & description
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.
ein
EIN
13-4166228
tot_exp
Total expenses
19444682.0
admin_exp_p
Administrative expense fraction
0.12300000000000001
fund_eff
Fundraising efficiency ($ per $1 raised)
0.08
fund_exp_p
Fundraising expense fraction
0.109
program_exp_p
Program expense fraction
0.767
fscore
Financial score
93.32
leader
Recorded leader
Jacqueline Novogratz
leader_comp
Recorded leader compensation
351901.0
leader_comp_p
Recorded leader compensation fraction
0.018000000000000002
motto
Tagline
Acumen raises charitable donations to invest in companies, leaders and ideas to change the way the world tackles poverty
name
Charity name
Acumen
tot_rev
Total revenue
30363773.0
score
Overall score
95.27
state
State code
NY
subcategory
Subcategory
Development and Relief Services
size
Source size label
big
program_exp
Program expenses
14914071.094
fund_exp
Fundraising expenses
2119470.338
admin_exp
Administrative expenses
2391695.8860000004

Source: Charity Navigator Scores Expenses Dataset, version 1, attributed to katyjqian on Kaggle. Collection: May 2019; rating details mostly from 2017. Read attribution, scope, and reuse notes.