ACUMEN FUND INC: Form 990, tax year 2018

View the entire original 990 at ProPublica ↗

Organization: ACUMEN FUND INC (EIN 13-4166228)
Tax period: 2018-01-01 to 2018-12-31
Filed: 2019-11-15
IRS object ID: 201933199349313443
Schema version: 2018v3.1
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule D
Schedule F
Schedule G
Schedule I
Schedule J
Schedule M
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2019-11-15T16:08:50-06:00	ReturnTs
Tax Period End	2018-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	271728945	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	PKF O'CONNOR DAVIES LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	665 FIFTH AVENUE	AddressLine1Txt
City	NEW YORK	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10022	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2018-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	134166228	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	ACUMEN FUND INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	ACUM	BusinessNameControlTxt
Phone	2125668821	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	40 WORTH STREET NO 303	AddressLine1Txt
City	NEW YORK	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10013	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	JACQUELINE WOO	PersonNm
Person Title	CHIEF FINANCIAL OFFICER	PersonTitleTxt
Phone	6467473958	PhoneNum
Signature	2019-11-15	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	GARRETT M HIGGINS	PreparerPersonNm
PTIN	P00543209	PTIN
Phone	2122862600	PhoneNum
Preparation	2019-11-15	PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

Field	Value	IRS element (for citing)
I Pv4 Address	4.15.211.182	IPv4AddressTxt

Field	Value	IRS element (for citing)
IP	2019-11-15	IPDt
IP Tm	16:05:39	IPTm
IP Timezone	ES	IPTimezoneCd
Filing License Type	P	FilingLicenseTypeCd
At Submission Creation Device Id	DA39A3EE5E6B4B0D3255BFEF95601890AFD80709	AtSubmissionCreationDeviceId
At Submission Filing Device Id	6C9B1A35775087DBDB8A6D25ECA509C7F6C27838	AtSubmissionFilingDeviceId

Field	Value	IRS element (for citing)
Tax	2018	TaxYr
Build TS	2020-04-17 16:48:07Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	JACQUELINE NOVOGRATZ	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	40 WORTH STREET NO 303	AddressLine1Txt
City	NEW YORK	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10013	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$43,116,497	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WWW.ACUMEN.ORG	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	2001	FormationYr
Legal Domicile State	NY	LegalDomicileStateCd
Activity Or Mission	OUR MISSION IS TO CHANGE THE WAY THE WORLD TACKLES POVERTY BY INVESTING IN COMPANIES, LEADERS AND IDEAS.OUR VISION IS THAT ONE DAY EVERY HUMAN BEING WILL HAVE ACCESS TO THE CRITICAL GOODS AND SERVICES THEY NEED-INCLUDING AFFORDABLE HEALTH CARE, CLEAN ENERGY, EDUCATION, WATER & SANITATION, HOUSING, ACCESS TO FINANCIAL SERVICES, AND AGRICULTURAL INPUTS-SO THEY HAVE THE CHOICE AND OPPORTUNITY TO TRANSFORM THEIR LIVES. THIS IS WHERE DIGNITY STARTS-NOT JUST FOR THE POOR BUT FOR EVERYONE ON EARTH.	ActivityOrMissionDesc
Voting Members Governing Body	14	VotingMembersGoverningBodyCnt
Voting Members Independent	13	VotingMembersIndependentCnt
Total Employee	71	TotalEmployeeCnt
Total Volunteers	13	TotalVolunteersCnt
Total Gross UBI	$77,583	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$84,616	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$27,693,548	PYContributionsGrantsAmt
CY Contributions Grants	$35,753,189	CYContributionsGrantsAmt
PY Program Service Revenue	$1,697,425	PYProgramServiceRevenueAmt
CY Program Service Revenue	$2,431,762	CYProgramServiceRevenueAmt
PY Investment Income	$146,781	PYInvestmentIncomeAmt
CY Investment Income	-$3,790,315	CYInvestmentIncomeAmt
PY Other Revenue	$105,234	PYOtherRevenueAmt
CY Other Revenue	$226,997	CYOtherRevenueAmt
PY Total Revenue	$29,642,988	PYTotalRevenueAmt
CY Total Revenue	$34,621,633	CYTotalRevenueAmt
PY Grants And Similar Paid	$872,127	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$1,623,579	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$9,568,132	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$11,761,818	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$2,441,128	CYTotalFundraisingExpenseAmt
PY Other Expenses	$11,496,539	PYOtherExpensesAmt
CY Other Expenses	$9,288,946	CYOtherExpensesAmt
PY Total Expenses	$21,936,798	PYTotalExpensesAmt
CY Total Expenses	$22,674,343	CYTotalExpensesAmt
PY Revenues Less Expenses	$7,706,190	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$11,947,290	CYRevenuesLessExpensesAmt
Total Assets BOY	$121,695,515	TotalAssetsBOYAmt
Total Assets EOY	$134,799,533	TotalAssetsEOYAmt
Total Liabilities BOY	$1,899,357	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$3,117,746	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$119,796,158	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$131,681,787	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	ACUMEN FUND IS WORKING TO CHANGE THE WAY THE WORLD TACKLES POVERTY BY INVESTING IN COMPANIES, LEADERS AND IDEAS. [SEE CONTINUATION ON SCHEDULE O]WE INVEST PATIENT CAPITAL IN BUSINESSES THAT DELIVER CRITICAL, AFFORDABLE GOODS AND SERVICES TO THE POOR, IMPROVING THE LIVES OF MILLIONS IN SOUTH ASIA, EAST AND WEST AFRICA, LATIN AMERICA AND THE UNITED STATES. SINCE 2001, ACUMEN FUND HAS INVESTED $117 MILLION IN 116 SOCIAL ENTERPRISES WORKING IN HEALTH CARE, ENERGY, EDUCATION/WORKFORCE DEVELOPMENT, WATER & SANITATION, HOUSING, FINANCIAL INCLUSION, AND AGRICULTURE. WE ALSO INVEST IN BUILDING A GLOBAL COMMUNITY OF EMERGING LEADERS WHO BELIEVE IN CREATING A MORE INCLUSIVE WORLD THROUGH OUR ACUMEN FELLOWS PROGRAM AND ONLINE SCHOOL FOR SOCIAL CHANGE, +ACUMEN.THROUGH THESE EFFORTS, WE ARE WORKING TO CREATE SUSTAINABLE SOLUTIONS TO POVERTY.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$9,892,742	ExpenseAmt
Grant	$753,704	GrantAmt
Revenue	$2,431,762	RevenueAmt
Desc	INVESTING AND PORTFOLIO MANAGEMENT:ACUMEN INVESTS PATIENT CAPITAL IN BUSINESS MODELS THAT DELIVER CRITICAL, AFFORDABLE GOODS AND SERVICES TO THE WORLD'S POOR, IMPROVING THE LIVES OF MILLIONS. SINCE 2001, ACUMEN HAS INVESTED IN BUSINESSES THAT PROVIDE ACCESS TO HEALTH CARE, ENERGY, EDUCATION, WATER & SANITATION, HOUSING, FINANCIAL SERVICES, AND AGRICULTURAL SERVICES TO LOW-INCOME CUSTOMERS. OUR INVESTMENTS ARE ADDRESSING THE PROBLEMS OF POVERTY IN EAST AND WEST AFRICA, SOUTH ASIA, LATIN AMERICA AND THE UNITED STATES. ACUMEN INVESTED IN EIGHT NEW COMPANIES IN 2018, REACHING A CUMULATIVE $117 MILLION INVESTED IN 116 BUSINESSES SERVING THE POOR. [SEE CONTINUATION ON SCHEDULE O]ACUMEN'S PATIENT CAPITAL APPROACH YIELDED EXITS ACROSS OUR PIONEER PORTFOLIO THIS YEAR. OUR LONG-TIME CLEAN ENERGY INVESTEE D.LIGHT DESIGN CLOSED $41 MILLION IN A SERIES E EQUITY RAISE, ALLOWING ACUMEN TO EXIT ITS SERIES A SHARES; POULTRY FARMING INVESTEE ETHIOCHICKEN REPAID ITS LOAN TO ACUMEN THREE YEARS AHEAD OF SCHEDULE WITH OUTSIZED SOCIAL IMPACT; AND ACUMEN EXITED THE FLAGSHIP PROJECT OF AFFORDABLE HOUSING INVESTEE ANSAAR MANAGEMENT COMPANY IN PAKISTAN. THESE EXITS SERVE AS PROOF OF ACUMEN'S ABILITY TO RECYCLE RETURNS FROM ITS INVESTMENTS AND OF THE IMPORTANCE OF PHILANTHROPICALLY BACKED PATIENT CAPITAL TO GROW OUR COMPANIES OVER TIME.ALONG WITH NEW INVESTMENTS AND EXITS, POST-INVESTMENT SUPPORT HAS CONTINUED TO BE A KEY PRIORITY FOR ACUMEN. IN THE FIRST QUARTER OF THIS YEAR, OUR TEAM CONDUCTED ANNUAL REVIEWS FOR ALL PORTFOLIO COMPANIES TO MEASURE ACTUAL PERFORMANCE AGAINST SOCIAL AND FINANCIAL IMPACT TARGETS AND DEVELOP DETAILED POST-INVESTMENT ENGAGEMENT PLANS OUTLINING THE SUPPORT REQUIRED BY ACUMEN TO HELP THE COMPANIES GROW. ACUMEN ALSO DIRECTLY SUPPORTED COMPANIES IN 2018 THROUGH OUR PARTICIPATION ON 51 COMPANY BOARDS, PROVIDING 12 NEW TECHNICAL ASSISTANCE GRANTS ALLOWING COMPANIES TO EXPERIMENT WITH HIGH-IMPACT PROJECTS AND PRODUCTS AND HOSTING TWO INVESTEE CAPACITY-BUILDING SEMINARS.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Expense	$7,246,096	ExpenseAmt
Grant	$869,875	GrantAmt
Desc	IMPACT AND COMMUNICATIONSTHE GOAL OF THE IMPACT AND COMMUNICATIONS TEAMS AT ACUMEN IS TO SUPPORT THE MISSION OF CHANGING THE WAY THE WORLD TACKLES POVERTY BY SHARING THE INSIGHTS FROM OUR WORK, CATALYZING AN ENTREPRENEURIAL, MARKETS-BASED APPROACH TO SOLVING POVERTY AND SHIFTING PUBLIC PERCEPTION TO SEE THE POTENTIAL OF LOW-INCOME PEOPLE.ACUMEN'S WORK IN IMPACT HAS CONTINUED TO ADVANCE THE ORGANIZATION'S ROLE IN UNDERSTANDING AND MEASURING SOCIAL PERFORMANCE IN THE IMPACT INVESTING INDUSTRY. [SEE CONTINUATION ON SCHEDULE O]BUILDING UPON THE LAUNCH OF LEAN DATA MEASUREMENT SERVICES IN 2015, WE AIM TO MAKE IMPACT DATA EQUALLY AS RELEVANT AND FOUNDATIONAL AS FINANCIAL DATA TO SUPERCHARGE OUR CAPACITY TO SOLVE THE WORLD'S TOUGHEST PROBLEMS. THE LEAN DATA METHODOLOGY LEVERAGES MODERN TECHNOLOGY TO LISTEN TO THE POOR, CLOSING THE COMMUNICATION GAP BETWEEN SOCIAL ENTERPRISES AND THEIR CUSTOMERS AND AMPLIFYING VOICES PREVIOUSLY UNHEARD. SUBSEQUENT TO YEAR END 2018, IN SERVICE OF WORKING TOWARD A NEW STANDARD FOR IMPACT MEASUREMENT AND SERVE THE SECTOR WITH OBJECTIVITY, ACUMEN CARVED OUT LEAN DATA AS A STANDALONE SOCIAL ENTERPRISE, 60 DECIBELS. ACUMEN WILL CONTINUE TO USE LEAN DATA AS A TOOL AMONG OTHERS THAT WE ARE DEVELOPING AND WILL BE AN ADVOCATE FOR THE GROWTH OF 60 DECIBELS ACROSS THE SECTOR. ACUMEN PUBLISHED TWO REPORTS FUELED BY THE LEAN DATA METHOD IN 2018, INCLUDING A DEEP DIVE INTO OUR ENERGY PORTFOLIO IN WHICH WE SPOKE TO MORE THAN 5,500 CUSTOMERS ACROSS 11 COUNTRIES TO BETTER UNDERSTAND HOW OUR INVESTMENTS IN CLEAN ENERGY ARE IMPACTING LOW-INCOME POPULATIONS. WE PUBLISHED THE RESULTS OF THIS STUDY IN OUR 2018 ENERGY IMPACT REPORT, IN WHICH A KEY FINDING WAS THAT OUR $22.1 MILLION INVESTMENTS IN 20 CLEAN ENERGY COMPANIES HAVE IMPACTED 81 MILLION LIVES OVER THE LAST DECADE. THIS DATA IS A FIRST FOR IMPACT INVESTING AND PROVIDES THE ENERGY SECTOR WITH BENCHMARKS FOR IMPACT PERFORMANCE BASED ON REAL CUSTOMER DATA.ACUMEN BELIEVES THAT SHARING OUR LESSONS LEARNED SUCH AS THOSE IN THE ENERGY IMPACT REPORT IS CORE TO SUPPORTING THE DEVELOPMENT OF THE BROADER IMPACT INVESTING COMMUNITY. TO THAT END, ACUMEN PUBLISHED ACCELERATING ENERGY ACCESS: THE ROLE OF PATIENT CAPITAL IN 2018, A REPORT ASSESSING THE DIFFERENT TYPES OF CAPITAL IN THE ENERGY SECTOR AND THE PATIENT CAPITAL NEEDED TO CLOSE THE FUNDING GAP FOR EARLY-STAGE BUSINESSES BRINGING ENERGY TO THE OFF-GRID POOR. IN ADDITION TO IDENTIFYING THIS FUNDING GAP, THE REPORT AIMS TO ENCOURAGE EXPANDED AND CONTINUED CATALYTIC FUNDING OF THESE ENTERPRISES.ACUMEN SHARES PROGRESS OF ITS WORK IN OTHER WAYS, SUCH AS THE PRODUCTION AND DISSEMINATION OF SEVERAL VIDEOS IN 2018, INCLUDING A SERIES ON ACUMEN'S RECENT SIERRA LEONE-BASED ENERGY INVESTEE EASY SOLAR AND A VIDEO CAMPAIGN, #ONEGREATIDEA. THIS CAMPAIGN SHOWCASED THE WORK OF FOUR ACUMEN PORTFOLIO COMPANIES AND THREE ACUMEN FELLOWS. THE CAMPAIGN RAN FROM GIVING TUESDAY THROUGH NEW YEAR'S EVE, INCLUDING WEEKLY VIDEO RELEASES IN ACUMEN'S NEWSLETTERS AND SOCIAL MEDIA CHANNELS.	Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

Field	Value	IRS element (for citing)
Expense	$1,722,287	ExpenseAmt
Desc	FELLOWS AND LEADERSHIP PROGRAMS ACUMEN'S FELLOWSHIP PROGRAM IN EAST AFRICA, PAKISTAN AND INDIA BUILDS COHORTS OF LOCAL SOCIAL CHANGE LEADERS AND FACILITATES FIVE WEEK-LONG SEMINARS RANGING FROM HOLISTIC APPROACHES TO PROBLEM-SOLVING TO FRAMEWORKS FOR THRIVING IN CHALLENGING ENVIRONMENTS. THIS YEAR, ACUMEN LAUNCHED FELLOWSHIP PROGRAMS IN TWO ADDITIONAL REGIONS, COLOMBIA AND WEST AFRICA. BY THE END OF Q4 2018, WE HAD REACHED A CUMULATIVE 442 ACUMEN FELLOWS WORLDWIDE. [SEE CONTINUATION ON SCHEDULE O]IN ADDITION, WE CONTINUED TO GROW +ACUMEN, OUR ONLINE LEARNING PLATFORM FOR SOCIAL CHANGE. WE OFFERED 19 FREE COURSES AND 20 MASTER CLASSES, GROWING OUR ONLINE COMMUNITY TO ROUGHLY 450,000 COURSE-TAKERS FROM 192 COUNTRIES. WE INCREASED THE DEPTH OF THIS ONLINE CONTENT AS WELL BY LAUNCHING ACCELERATORS, OR STRUCTURED OFFERINGS FOR INNOVATORS TO DEVELOP NEW BUSINESS MODELS AND INITIATIVES THROUGH CURATED CURRICULA, COACHING AND PEER NETWORKS. OUR PARTNERS SUCH AS AMERICAN EXPRESS, ACCION INTERNATIONAL, IDEO.ORG, GRAMEEN FOUNDATION, AND FOSSIL FOUNDATION MAKE THIS POSSIBLE. IN 2018, ACUMEN CONDUCTED OUR FIRST-EVER IN-DEPTH SURVEY TO ASSESS ACUMEN'S IMPACT ON FELLOWS, FELLOWS' IMPACT ON THEIR COMMUNITIES AND AMPLIFICATION OF OUR CURRICULUM CONTENT THROUGH THE FELLOWS. WE PLAN TO PUBLISH THE RESULTS IN EARLY 2019 IN OUR LEADERSHIP REPORT.ALONGSIDE THIS WORK, ACUMEN BEGAN TO LAY THE FOUNDATION FOR THE FUTURE OF OUR LEADERSHIP WORK, ACUMEN ACADEMY, A GLOBAL UNIVERSITY REIMAGINED, INTEGRATING THE TRANSFORMATIONAL DEPTH OF OUR IN-PERSON FELLOWS PROGRAM WITH THE SCALE OF +ACUMEN TO EQUIP THOUSANDS WITH THE TOOLS, FRAMEWORKS AND ECOSYSTEM NEEDED TO CREATE CHANGE IN THEIR COMMUNITIES.	Desc

Field	Value	IRS element (for citing)
Total Program Service Expenses	$18,861,125	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	Yes (1)	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	0	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Temp Or Permanent Endowments	0	TempOrPermanentEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	Yes (1)	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	0	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	0	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	Yes (1)	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	Yes (1)	ForeignOfficeInd
Foreign Activities	Yes (1)	ForeignActivitiesInd
More Than5000 K To Org	Yes (1)	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	Yes (1)	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	Yes (1)	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	Yes (1)	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With Officer Ent	0	BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri	Yes (1)	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	Yes (1)	RelatedEntityInd
Related Organization Ctrl Ent	Yes (1)	RelatedOrganizationCtrlEntInd
Transaction With Control Ent	Yes (1)	TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
Info In Schedule O Part V	Yes (X)	InfoInScheduleOPartVInd
IRP Document	56	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Employee	71	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	Yes (1)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (1)	Form990TFiledInd
Foreign Financial Account	Yes (1)	ForeignFinancialAccountInd
Foreign Country	GH	ForeignCountryCd
Foreign Country	IN	ForeignCountryCd
Foreign Country	KE	ForeignCountryCd
Foreign Country	PK	ForeignCountryCd
Foreign Country	CO	ForeignCountryCd
Foreign Country	CA	ForeignCountryCd
Foreign Country	UK	ForeignCountryCd
Foreign Country	MP	ForeignCountryCd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	Yes (1)	QuidProQuoContributionsInd
Quid Pro Quo Contri Discl	Yes (1)	QuidProQuoContriDisclInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	14	GoverningBodyVotingMembersCnt
Independent Voting Member	13	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	Yes (1)	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	0	MembersOrStockholdersInd
Election Of Board Members	0	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	Yes (1)	LocalChaptersInd
Policies Reference Chapters	Yes (1)	PoliciesReferenceChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	Yes (1)	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	CA	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	FL	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	GA	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	IL	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	MD	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	MA	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	MI	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	NJ	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	NY	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	PA	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	WA	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	DC	StatesWhereCopyOfReturnIsFldCd
Own Website	Yes (X)	OwnWebsiteInd
Other Website	Yes (X)	OtherWebsiteInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	JACQUELINE WOO CHIEF FINANCIAL OFFICER	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	6467473958	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	40 WORTH STREET NO 303	AddressLine1Txt
City	NEW YORK	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10013	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (29 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	Key EmployeeKeyEmployeeInd	Highest Compensated EmployeeHighestCompensatedEmployeeInd
JACQUELINE NOVOGRATZ
CEO & DIRECTOR	38.00	2.00	Yes (X)	Yes (X)	$352,347	$0	$27,639
DAVID HELLER
BOARD CHAIR	1.00		Yes (X)	Yes (X)	$0	$0	$0
MARGO ALEXANDER
DIRECTOR	1.00		Yes (X)		$0	$0	$0
C HUNTER BOLL
DIRECTOR	1.00		Yes (X)		$0	$0	$0
ROBERT BOB COLLYMORE
DIRECTOR	1.00		Yes (X)		$0	$0	$0
ANDREA SOROS COLOMBEL
DIRECTOR	1.00		Yes (X)		$0	$0	$0
STUART DAVIDSON
DIRECTOR	1.00		Yes (X)		$0	$0	$0
JULIUS GAUDIO
DIRECTOR	1.00		Yes (X)		$0	$0	$0
NATE LAURELL
DIRECTOR	1.00		Yes (X)		$0	$0	$0
CRISTINA LJUNBERG
DIRECTOR	1.00		Yes (X)		$0	$0	$0
PAT MITCHELL
DIRECTOR	1.00		Yes (X)		$0	$0	$0
KIRSTEN NEVILL-MANNING
DIRECTOR	1.00		Yes (X)		$0	$0	$0
THULASIRAJ RAVILLA
DIRECTOR	1.00		Yes (X)		$0	$0	$0
SHAIZA RIZAVI
DIRECTOR	1.00		Yes (X)		$0	$0	$0
CARLYLE SINGER JONES
PRESIDENT	39.00	1.00		Yes (X)	$289,558	$0	$31,486
SACHINDRA RUDRA
CHIEF INVESTMENT OFFICER	40.00			Yes (X)	$260,036	$0	$0
ALEXANDER DICHTER
CHIEF INNOVATION OFFICER	40.00			Yes (X)	$259,352	$0	$36,546
YASMINA ZAIDMAN
CHIEF STRATEGIC PARTNERSHIPS OFFICER	40.00			Yes (X)	$217,884	$0	$6,909
LYNN ROLAND
BOARD SECRETARY / GENERAL COUNSEL	31.50	8.50		Yes (X)	$217,338	$0	$17,650
JACQUELINE WOO
CHIEF FINANCIAL OFFICER	36.50	3.50		Yes (X)	$216,435	$0	$33,595
AMRITA BHANDARI
CHIEF OF BUSINESS DEVELOPMENT	40.00			Yes (X)	$175,950	$0	$5,651
CATHERINE C NANDA
DIRECTOR, ACUMEN AMERICA	40.00				$188,341	$0	$29,705	Yes (X)
ALBERTO GOMEZ OBREGON
DIRECTOR, PORTFOLIO	39.50	0.50			$180,190	$0	$23,018	Yes (X)
JO-ANN TAN
DIRECTOR, +ACUMEN	40.00				$163,848	$0	$5,287	Yes (X)
AMON ANDERSON
DIRECTOR, ACUMEN AMERICA	40.00				$153,535	$0	$13,802		Yes (X)
BATOOL HASSAN
DIRECTOR, LEADERSHIP	40.00				$150,911	$0	$4,899		Yes (X)
JOANNA MCQUADE
DIRECTOR, TALENT	40.00				$146,439	$0	$11,768		Yes (X)
ELEANOR MURPHY HEAD OF
BUSINESS DEVELOPMENT, EAST COAST	39.50	0.50			$144,337	$0	$18,743		Yes (X)
VIRGILIO BARCO
LATIN AMERICA DIRECTOR	40.00				$142,356	$0	$21,660		Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$3,258,857	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$288,358	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	23	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (1)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/ForeignAddress/AddressLine1Txt	CityContractorAddress/ForeignAddress/CityNm	CountryContractorAddress/ForeignAddress/CountryCd	ServicesServicesDesc	CompensationCompensationAmt	Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd
ADECCO INDIA PVT LTD
NO 2 NAL WIND TUNNEL ROAD	BENGALURU	IN	STAFFING SERVICES	$339,921
ADP TOTALSOURCE GROUP INC
			PEO SERVICE FEE	$160,944	10200 SUNSET DRIVE	MIAMI	FL	33173
BRIDGE PARTNERS
			RECRUITING SERVICES	$158,002	1501 BROADWAY SUITE 2605	NEW YORK	NY	10012
EFRONT FINANCIAL SOLUTIONS INC
			VENDOR - SOFTWARE	$111,161	11 E 44TH ST 1500	NEW YORK	NY	10017
PKF O'CONNOR DAVIES LLP
			PROFESSIONAL SERVICES	$107,750	665 FIFTH AVE	NEW YORK	NY	10022

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	5	CntrctRcvdGreaterThan100KCnt
Fundraising	$163,265	FundraisingAmt
Government Grants	$298,836	GovernmentGrantsAmt
All Other Contributions	$35,291,088	AllOtherContributionsAmt
Noncash Contributions	$357,587	NoncashContributionsAmt
Total Contributions	$35,753,189	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
PROGRAMMATIC FEES	900099	$1,872,728	$1,872,728
PGM RELATED LOAN INC	900099	$544,034	$544,034
PORTFOLIO DILIGENCE FEE INCOME	900099	$15,000	$15,000

Field	Value	IRS element (for citing)
Total Program Service Revenue	$2,431,762	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$78,195	TotalRevenueColumnAmt
Unrelated Business Revenue	$77,583	UnrelatedBusinessRevenueAmt
Exclusion	$612	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$4,529,356	SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$8,397,866	SecuritiesAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	-$3,868,510	SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$3,868,510	TotalRevenueColumnAmt
Exclusion	-$3,868,510	ExclusionAmt

Field	Value	IRS element (for citing)
Fundraising Gross Income	$46,275	FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event	$163,265	ContriRptFundraisingEventAmt
Fundraising Direct Expenses	$69,753	FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$23,478	TotalRevenueColumnAmt
Exclusion	-$23,478	ExclusionAmt

Field	Value	IRS element (for citing)
Gaming Gross Income	$5,009	GamingGrossIncomeAmt
Gaming Direct Expenses	$27,245	GamingDirectExpensesAmt

Net Income From Gaming NetIncomeFromGamingGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$22,236	TotalRevenueColumnAmt
Exclusion	-$22,236	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	ExclusionExclusionAmt
EARLY TERMINATION FEE	900099	$205,171	$205,171
REIMBURSEMENT/REFUND	900099	$65,133	$65,133
OTHER FEES/INCOME	900099	$2,407	$2,407

Field	Value	IRS element (for citing)
Other Revenue Total	$272,711	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$34,621,633	TotalRevenueColumnAmt
Related Or Exempt Func Income	$2,431,762	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$77,583	UnrelatedBusinessRevenueAmt
Exclusion	-$3,640,901	ExclusionAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part IX	Yes (X)	InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$1,095,734	TotalAmt
Program Services	$1,095,734	ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

Field	Value	IRS element (for citing)
Total	$527,845	TotalAmt
Program Services	$527,845	ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$2,738,765	TotalAmt
Program Services	$2,341,461	ProgramServicesAmt
Management And General	$142,009	ManagementAndGeneralAmt
Fundraising	$255,295	FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$7,565,060	TotalAmt
Program Services	$5,693,008	ProgramServicesAmt
Management And General	$489,830	ManagementAndGeneralAmt
Fundraising	$1,382,222	FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$277,273	TotalAmt
Program Services	$209,804	ProgramServicesAmt
Management And General	$20,724	ManagementAndGeneralAmt
Fundraising	$46,745	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$491,508	TotalAmt
Program Services	$372,201	ProgramServicesAmt
Management And General	$27,257	ManagementAndGeneralAmt
Fundraising	$92,050	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$689,212	TotalAmt
Program Services	$537,250	ProgramServicesAmt
Management And General	$39,325	ManagementAndGeneralAmt
Fundraising	$112,637	FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

Field	Value	IRS element (for citing)
Total	$174,273	TotalAmt
Program Services	$133,409	ProgramServicesAmt
Management And General	$8,685	ManagementAndGeneralAmt
Fundraising	$32,179	FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$170,457	TotalAmt
Program Services	$101,423	ProgramServicesAmt
Management And General	$69,032	ManagementAndGeneralAmt
Fundraising	$2	FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$123,079	TotalAmt
Program Services	$99,911	ProgramServicesAmt
Fundraising	$23,168	FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$2,462,235	TotalAmt
Program Services	$2,114,678	ProgramServicesAmt
Management And General	$302,275	ManagementAndGeneralAmt
Fundraising	$45,282	FundraisingAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$253,204	TotalAmt
Program Services	$250,125	ProgramServicesAmt
Fundraising	$3,079	FundraisingAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$216,481	TotalAmt
Program Services	$163,844	ProgramServicesAmt
Management And General	$5,843	ManagementAndGeneralAmt
Fundraising	$46,794	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$639,617	TotalAmt
Program Services	$512,930	ProgramServicesAmt
Management And General	$59,525	ManagementAndGeneralAmt
Fundraising	$67,162	FundraisingAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$852,083	TotalAmt
Program Services	$654,402	ProgramServicesAmt
Management And General	$49,718	ManagementAndGeneralAmt
Fundraising	$147,963	FundraisingAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$878,202	TotalAmt
Program Services	$738,159	ProgramServicesAmt
Management And General	$57,024	ManagementAndGeneralAmt
Fundraising	$83,019	FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$279,076	TotalAmt
Program Services	$242,017	ProgramServicesAmt
Management And General	$11,934	ManagementAndGeneralAmt
Fundraising	$25,125	FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$246,584	TotalAmt
Program Services	$185,278	ProgramServicesAmt
Management And General	$14,349	ManagementAndGeneralAmt
Fundraising	$46,957	FundraisingAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$86,426	TotalAmt
Program Services	$62,533	ProgramServicesAmt
Management And General	$6,360	ManagementAndGeneralAmt
Fundraising	$17,533	FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Management And GeneralManagementAndGeneralAmt	Program ServicesProgramServicesAmt	FundraisingFundraisingAmt
UBI TAX PAYMENT	$6,000	$6,000
PROV FOR PORTFOLIO LOSS	$2,772,481		$2,772,481
CORPORATE TAXES	$61,420	$931	$47,643	$12,846
PROV FOR CONTINGENT LIA	$60,000	$60,000

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$7,328	TotalAmt
Program Services	$4,989	ProgramServicesAmt
Management And General	$1,269	ManagementAndGeneralAmt
Fundraising	$1,070	FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$22,674,343	TotalAmt
Program Services	$18,861,125	ProgramServicesAmt
Management And General	$1,372,090	ManagementAndGeneralAmt
Fundraising	$2,441,128	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$456,525	BOYAmt
EOY	$404,673	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$35,073,080	BOYAmt
EOY	$44,833,592	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$21,417,847	BOYAmt
EOY	$28,758,865	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$1,157,247	BOYAmt
EOY	$1,797,371	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$294,560	BOYAmt
EOY	$292,461	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$1,940,708	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$1,646,044	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$421,059	BOYAmt
EOY	$294,664	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$500,959	BOYAmt
EOY	$500,959	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

Field	Value	IRS element (for citing)
BOY	$61,608,951	BOYAmt
EOY	$57,189,634	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$765,287	BOYAmt
EOY	$727,314	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$121,695,515	BOYAmt
EOY	$134,799,533	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$1,899,357	BOYAmt
EOY	$3,117,746	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$1,899,357	BOYAmt
EOY	$3,117,746	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows SFAS117	Yes (X)	OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$82,044,415	BOYAmt
EOY	$80,406,347	EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$37,751,743	BOYAmt
EOY	$51,275,440	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$119,796,158	BOYAmt
EOY	$131,681,787	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$121,695,515	BOYAmt
EOY	$134,799,533	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$11,947,290	ReconcilationRevenueExpnssAmt
Prior Period Adjustments	$40,441	PriorPeriodAdjustmentsAmt
Other Changes In Net Assets	-$102,102	OtherChangesInNetAssetsAmt
Info In Schedule O Part XII	Yes (X)	InfoInScheduleOPartXIIInd
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Consolidated Basis Fincl Stmt	Yes (X)	ConsolidatedBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Public Organization170	Yes (X)	PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$18,371,359	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$22,558,173	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$29,176,704	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$27,693,548	CurrentTaxYearMinus1YearAmt
Current Tax Year	$35,753,189	CurrentTaxYearAmt
Total	$133,552,973	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$18,371,359	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$22,558,173	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$29,176,704	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$27,693,548	CurrentTaxYearMinus1YearAmt
Current Tax Year	$35,753,189	CurrentTaxYearAmt
Total	$133,552,973	TotalAmt

Field	Value	IRS element (for citing)
Substantial Contributors Tot	$24,812,565	SubstantialContributorsTotAmt
Public Support Total170	$108,740,408	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$61,519	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$60,003	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$96,765	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$73,572	CurrentTaxYearMinus1YearAmt
Current Tax Year	$78,195	CurrentTaxYearAmt
Total	$370,054	TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

Field	Value	IRS element (for citing)
Current Tax Year	$60,770	CurrentTaxYearAmt
Total	$60,770	TotalAmt

Other Income170 OtherIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$5,082	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$2,151	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$554,566	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$162,649	CurrentTaxYearMinus1YearAmt
Current Tax Year	$272,711	CurrentTaxYearAmt
Total	$997,159	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$134,980,956	TotalSupportAmt
Gross Receipts Rltd Activities	$6,794,256	GrossReceiptsRltdActivitiesAmt
Public Support CY170	0.80560	PublicSupportCY170Pct
Public Support PY170	0.84640	PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170	Yes (X)	ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

Field	Value	IRS element (for citing)
Form And Line Reference	SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:	FormAndLineReferenceDesc
Explanation	OTHER FEES/INCOME - 2014 AMOUNT: $ 343. 2015 AMOUNT: $ 6. 2016 AMOUNT: $ 24,568. 2017 AMOUNT: $ 2,596. 2018 AMOUNT: $ 2,407. SPEAKER FEE - 2015 AMOUNT: $ 2,145. LOAN CLOSING FEES - 2014 AMOUNT: $ 4,739. REIMBURSEMENT/REFUND - 2016 AMOUNT: $ 529,998. 2017 AMOUNT: $ 10,053. 2018 AMOUNT: $ 65,133. EARLY TERMINATION FEE - 2017 AMOUNT: $ 150,000. 2018 AMOUNT: $ 205,171.	ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$315,449	OtherCostOrOtherBasisAmt
Depreciation	$314,984	DepreciationAmt
Book Value	$465	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$977,483	OtherCostOrOtherBasisAmt
Depreciation	$822,065	DepreciationAmt
Book Value	$155,418	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$647,776	OtherCostOrOtherBasisAmt
Depreciation	$508,995	DepreciationAmt
Book Value	$138,781	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$294,664	TotalBookValueLandBuildingsAmt

Invst Program Related Org InvstProgramRelatedOrgGrp (8 entries)

DescDesc	Book ValueBookValueAmt	Method ValuationMethodValuationCd
PROGRAM RELATED EQUITY INVESTMENTS - USA	$13,842,234	C
PROGRAM RELATED EQUITY INVESTMENTS - SUB-SAHARAN AFRICA	$17,399,661	C
PROGRAM RELATED EQUITY INVESTMENTS - S.ASIA	$16,323,261	C
PROGRAM RELATED EQUITY INVESTMENTS - LATIN AMERICA	$4,080,662	C
PROGRAM RELATED DEBT INVESTMENTS - USA	$1,984,045	C
PROGRAM RELATED DEBT INVESTMENTS - SUB-SAHARAN AFRICA	$1,982,158	C
PROGRAM RELATED DEBT INVESTMENTS - S.ASIA	$1,320,949	C
PROGRAM RELATED DEBT INVESTMENTS - LATIN AMERICA	$256,664	C

Field	Value	IRS element (for citing)
Total Book Value Program Rltd	$57,189,634	TotalBookValueProgramRltdAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$36,683,717	TotalRevEtcAuditedFinclStmtAmt
Donated Services And Use Fclts	$1,714,726	DonatedServicesAndUseFcltsAmt
Other Revenue	$347,358	OtherRevenueAmt
Revenue Not Reported	$2,062,084	RevenueNotReportedAmt
Revenue Subtotal	$34,621,633	RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt	$0	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$34,621,633	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$23,729,022	TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts	$1,714,726	DonatedServicesUseFcltsAmt
Other Expenses Included	$2,112,434	OtherExpensesIncludedAmt
Expenses Not Reported	$3,827,160	ExpensesNotReportedAmt
Expenses Subtotal	$19,901,862	ExpensesSubtotalAmt
Other Expenses Not Included	$2,772,481	OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt	$2,772,481	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$22,674,343	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART X, LINE 2:	ACUMEN RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY WHEN THEY ARE MORE THAN LIKELY THAN NOT OF BEING SUSTAINED. MANAGEMENT HAS DETERMINED THAT ACUMEN HAS NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. ACUMEN IS NO LONGER SUBJECT TO EXAMINATIONS BY APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO DECEMBER 31, 2015.
PART XI, LINE 2D - OTHER ADJUSTMENTS:	CHANGE IN VALUE OF CHARITABLE REMAINDER TRUST -39,203. RELATED PARTY REVENUE INCLUDED PER AUDIT-ACUMEN FUND INDIA 1,125,422. RELATED PARTY REVENUE INCLUDED PER AUDIT-ACUMEN FUND INDIA TRUST 33,528. RELATED PARTY REVENUE INCLUDED PER AUDIT-ACUMEN FUND PAKISTAN 841,574. RELATED PARTY REVENUE INCLUDED PER AUDIT-ACUMEN CAPITAL MARKETS I LP 149,910. RELATED PARTY REVENUE INCLUDED PER AUDIT-ACUMEN FUND CANADA 102,749. RELATED PARTY REVENUE INCLUDED PER AUDIT-ACUMEN CAPITAL PARTNERS LLC 2,466,310. ELIMINATING/CONSOLIDATING ENTRIES PER AUDIT -1,657,449. PROVISION FOR PORTFOLIO LOSSES RECLASSIFICATION -2,772,481. FUNDRAISING EXPENSES INCLUDED IN PART IX 96,998.
PART XII, LINE 2D - OTHER ADJUSTMENTS:	RELATED PARTY EXPENSES INCLUDED PER AUDIT - ACUMEN FUND INDIA 742,388. RELATED PARTY EXPENSES INCLUDED PER AUDIT - ACUMEN FUND INDIA TRUST 239,659. RELATED PARTY EXPENSES INCLUDED PER AUDIT - ACUMEN FUND PAKISTAN 680,345. RELATED PARTY EXPENSES INCLUDED PER AUDIT - ACUMEN CAPITAL MARKETS I LP 447,984. RELATED PARTY EXPENSES INCLUDED PER AUDIT - ACUMEN CANADA 11,685. RELATED PARTY EXPENSES INCLUDED PER AUDIT - ACUMEN CAPITAL PARTNERS LLC 1,551,721. ELIMINATING/CONSOLIDATING ENTRIES PER AUDIT -1,658,346. FUNDRAISING EXPENSES INCLUDED IN PART IX 96,998.
PART XII, LINE 4B - OTHER ADJUSTMENTS:	PROVISION FOR PORTFOLIO LOSSES RECLASSIFICATION 2,772,481.

Schedule F IRS990ScheduleF

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (1)	GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp (10 entries)

RegionRegionTxt	OfficesOfficesCnt	EmployeeEmployeeCnt	Type Of Activities ConductedTypeOfActivitiesConductedTxt	Specific Services ProvidedSpecificServicesProvidedTxt	Region Total ExpendituresRegionTotalExpendituresAmt
SOUTH ASIA	2	21	PROGRAM SERVICE	PORTFOLIO MANAGEMENT AND FELLOWS PROGRAM	$1,169,409
SUB-SAHARAN AFRICA	2	19	PROGRAM SERVICE	PORTFOLIO MANAGEMENT AND FELLOWS PROGRAM	$3,322,318
SOUTH AMERICA	1	7	PROGRAM SERVICE	PORTFOLIO MANAGEMENT	$725,922
EUROPE	1	14	PROGRAM SERVICES AND FUND RAISING - SALARY EXPENSE	PORTFOLIO MANAGEMENT AND FELLOWS PROGRAM	$1,080,699
SOUTH ASIA	0	0	PROGRAM RELATED INVESTMENTS		$17,644,210
SUB-SAHARAN AFRICA	0	0	PROGRAM RELATED INVESTMENTS		$19,381,819
SOUTH AMERICA	0	0	PROGRAM RELATED INVESTMENTS		$4,337,326
SOUTH ASIA	0	0	GRANT MAKING		$381,120
SUB-SAHARAN AFRICA	0	0	GRANT MAKING		$129,475
SOUTH AMERICA	0	0	GRANT MAKING		$17,250

Field	Value	IRS element (for citing)
Subtotal Offices	6	SubtotalOfficesCnt
Subtotal Employees	61	SubtotalEmployeesCnt
Continuation Total Office	0	ContinuationTotalOfficeCnt
Continuation Total Employee	0	ContinuationTotalEmployeeCnt
Total Office	6	TotalOfficeCnt
Total Employee	61	TotalEmployeeCnt
Subtotal Spent	$48,042,823	SubtotalSpentAmt
Continuation Spent	$146,725	ContinuationSpentAmt
Total Spent	$48,189,548	TotalSpentAmt

Grants To Org Outside US GrantsToOrgOutsideUSGrp (12 entries)

RegionRegionTxt	Purpose Of GrantPurposeOfGrantTxt	Cash GrantCashGrantAmt	Manner Of Cash DisbursementMannerOfCashDisbursementTxt
SOUTH ASIA	OPERATING SUPPORT	$260,000	WIRE TRANSFER
SUB-SAHARAN AFRICA	IMPACT ASSESSMENTS	$40,797	WIRE TRANSFER
SUB-SAHARAN AFRICA	ENGAGING A CONSULTANT TO SUPPORT ITS FINANCE FUNCTION AND DEVELOP GREATER INTERNAL CAPACITY	$12,370	WIRE TRANSFER
SUB-SAHARAN AFRICA	FACILITATION OF BOARD STRATEGY SESSION, INCREASING ADOPTION OF THE KUNIOKOA BY SMALL HOLDER TEA FARMERS IN UNILEVER'S SUPPLY CHAIN	$28,250	WIRE TRANSFER
SOUTH ASIA	SUPPORT WITH PRODUCT LAUNCH - SOLAR POWERED UV WATER PURIFICATION AND COOLING DEVICE	$47,000	WIRE TRANSFER
SOUTH ASIA	ENGAGING A CONSULTANT FOR B2B STRATEGY	$28,000	WIRE TRANSFER
SUB-SAHARAN AFRICA	PILOT A PARTNERSHIP WITH VILLAGE SAVINGS AND LOANS ASSOCIATIONS TO PROVIDE MORE SERVICES TO FEMALE CUSTOMERS	$20,740	WIRE TRANSFER
SUB-SAHARAN AFRICA	CALL CENTER IMPROVEMENTS FOR PEG GHANA	$7,430	WIRE TRANSFER
SOUTH ASIA	CREATING A STRATEGY FOR NEW REVENUE SOURCES AND PLANS FOR NEW CLINIC EXPANSION	$9,000	WIRE TRANSFER
SUB-SAHARAN AFRICA	ENGAGING A STRATEGY CONSULTANT	$5,286	WIRE TRANSFER
SOUTH ASIA	BEE FLORA VALUE CHAINS PROJECT	$28,560	WIRE TRANSFER
LATIN AMERICA	BRAND STRATEGY AND EXECUTIVE COACHING	$16,250	WIRE TRANSFER

Field	Value	IRS element (for citing)
Total501c3 Org	1	Total501c3OrgCnt
Total Other Org	11	TotalOtherOrgCnt
Transfer To Foreign Corp	Yes (1)	TransferToForeignCorpInd
Interest In Foreign Trust	0	InterestInForeignTrustInd
Foreign Corp Ownership	Yes (1)	ForeignCorpOwnershipInd
Passive Foreign Investmest Co	0	PassiveForeignInvestmestCoInd
Foreign Partnership	Yes (1)	ForeignPartnershipInd
Boycott Countries	0	BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART I, LINE 2:	THE ORGANIZATION MAKES LARGE GRANTS TO ITS RELATED ENTITIES TO FUND THEIR OPERATIONS, THE ACTIVITIES OF WHICH ARE MONITORED BY THE ORGANIZATION. ACUMEN MONITORS THE ACTIVITY OF ITS RELATED ENTITIES BY ANALYZING EXPENDITURES AND COMPARING ACTUAL PERFORMANCE TO BUDGETED AMOUNTS, AND BY MAINTAINING DIRECT OVERSIGHT OF THE ACTIVITIES CONDUCTED AND EXPENDITURES INCURRED. OUR AFFILIATES IN PAKISTAN AND INDIA HAVE INDEPENDENT AUDITS. IN ADDITION TO THE AUDIT, OUR CENTRAL OFFICE FINANCE DEPT IN NEW YORK HAS OVERSIGHT OF THE COUNTRY OFFICES' SPENDING. INVESTMENTS IN THIRD PARTIES ARE PRIMARILY DEBT OR EQUITY INVESTMENTS. RELATIVELY LITTLE IS AN OUTRIGHT GRANT FOR USE BY THE THIRD PARTY. FOR ANY PROGRAM-RELATED INVESTMENTS, THE ORGANIZATION REQUIRES REGULAR SOCIAL IMPACT, FINANCIAL AND OPERATIONAL REPORTING, TYPICALLY MAINTAINS A BOARD SEAT ON THE INVESTEE COMPANY AND CONDUCTS AT LEAST ANNUAL REVIEWS OF THE PROGRESS OF THE PROGRAM. FOR ANY GRANTS TO THIRD PARTIES, A GRANT AGREEMENT IS DRAFTED OUTLINING THE SPECIFIC PURPOSE OF THE GRANT, TERMS AND CONDITIONS FOR THE USE OF GRANT MONEY. GRANT FUNDS ARE DISBURSED ONLY AFTER THE GRANTEES SIGN THE GRANT AGREEMENT. DEPENDING UPON THE AMOUNT AND TERM OF GRANT, THE GRANTEES ARE REQUIRED TO MAINTAIN DETAILED RECORDS OF THE USE OF THE GRANT AND PROVIDE PERIODIC REPORTS TO ACUMEN. THE PROGRAM STAFF WILL REVIEW THE GRANTEE REPORTS TO ENSURE COMPLIANCE. ACUMEN PROGRAM STAFF DILIGENTLY SCREENS THE PROSPECTIVE GRANTEES' TRACK RECORD AND REPUTATION BEFORE AWARDING ANY GRANT, AND WHERE A NEW FUNDING RELATIONSHIP EXISTS, SCREENS GRANT RECIPIENTS AGAINST WATCH LISTS SUCH AS SANCTIONS, SPECIALLY DESIGNATED NATIONALS AND BLOCKED PERSONS, ANTI-CORRUPTION AND ANTI-MONEY LAUNDERING LISTS. THROUGHOUT THE GRANT TERM, THE PROGRAM STAFF INTERACTS WITH THE GRANTEE ORGANIZATION TO UNDERSTAND THE PROGRESS THE ORGANIZATION IS MAKING BY USE OF THE GRANT FUNDS. THEY ALSO REVIEW ANY PERIODIC REPORTS SUBMITTED BY THE GRANTEE AS WELL AS THE ANNUAL REPORT OF THE ORGANIZATION (IF APPLICABLE) TO ENSURE PROPER UTILIZATION OF GRANT FUNDS BY THE GRANTEE. GRANT AGREEMENTS OFTEN REQUIRE THE RIGHT TO INSPECT AND AUDIT THE RECORDS OF THE GRANTEE REGARDING PROPER USE OF FUNDS. THE GRANT AGREEMENT SIGNED BY THE GRANTEE TYPICALLY STATES THAT ALL OR ANY PORTION OF GRANT FUNDS USED IN A MANNER OR PURPOSE OTHER THAN THOSE DESCRIBED IN THE GRANT AGREEMENT MUST BE RETURNED TO ACUMEN.
PART I, LINE 3:	PROGRAM-RELATED INVESTMENTS: THE ORGANIZATION HAS A COMPLEX FINANCIAL STRUCTURE THAT IS NOT EASILY SHOWN IN THE FORM 990. TO BETTER UNDERSTAND THE INFORMATION BEING PROVIDED, THE READER SHOULD APPROACH THE FINANCIAL STATEMENTS WITH TWO KEY PIECES OF INFORMATION IN MIND. FIRST, ACUMEN IS LIKE A TRADITIONAL NON-PROFIT IN THAT IT RECEIVES CONTRIBUTION REVENUE AND HAS ONGOING OPERATING EXPENSES FOR BOTH PROGRAM WORK AND ADMINISTRATIVE COSTS EACH YEAR. SECONDLY, AND UNLIKE ALMOST ALL OTHER CHARITIES, ACUMEN INVESTS A SUBSTANTIAL PORTION OF ITS ASSETS IN ENTREPRENEURIAL ORGANIZATIONS OPERATING IN DEVELOPING COUNTRIES. THIS WOULD INCLUDE SUPPORTING CONTRIBUTIONS TO RELATED ENTITIES AND PROGRAM-RELATED INVESTMENTS TO THIRD PARTIES AS PART OF ACUMEN'S CHARITABLE WORK. IN SUM THESE ACTIVITIES ARE SHOWN IN PARTS I AND II OF SCHEDULE F. THEY ARE ALSO INCLUDED ON FORM 990 PART X LINE 13, WHICH SHOWS THE ORGANIZATION'S TOTAL CUMULATIVE OUTSTANDING BALANCE OF PROGRAM-RELATED INVESTMENTS. ACUMEN PUTS ITS RESOURCES INTO THESE INVESTEE ORGANIZATIONS AS PROGRAMMATIC INVESTMENTS AND ATTEMPTS TO NURTURE THEM UNTIL THEY THRIVE (OR FAIL), PROVIDING MULTIPLE SPIN-OFF BENEFITS TO CUSTOMERS SERVED - TYPICALLY THE POOREST POPULATIONS WHO LIVE ON LESS THAN A FEW DOLLARS PER DAY. THE ACCOUNTING METHOD USED TO ACCOUNT FOR EXPENDITURES IS THE ACCRUAL METHOD.
SCHEDULE F, PART IV, LINE 1, 3 AND LINE 5	THE ORGANIZATION IS REQUIRED TO FILE FORMS 926, 5471, AND FORM 8865.

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

Field	Value	IRS element (for citing)
Event1	YOUNG BENEFACTOR BASH	Event1Nm
Gross Receipts Event1	$179,540	GrossReceiptsEvent1Amt
Charitable Contri Event1	$154,265	CharitableContriEvent1Amt
Gross Revenue Event1	$25,275	GrossRevenueEvent1Amt
Rent Facility Costs Event1	$17,735	RentFacilityCostsEvent1Amt
Food And Beverage Event1	$38,975	FoodAndBeverageEvent1Amt
Other Direct Expenses Event1	$12,549	OtherDirectExpensesEvent1Amt
Event2	FACE OF ACUMEN - PHOTO EXHIBIT	Event2Nm
Gross Receipts Event2	$30,000	GrossReceiptsEvent2Amt
Charitable Contri Event2	$9,000	CharitableContriEvent2Amt
Gross Revenue Event2	$21,000	GrossRevenueEvent2Amt
Other Direct Expenses Event2	$494	OtherDirectExpensesEvent2Amt
Gross Receipts Total	$209,540	GrossReceiptsTotalAmt
Charitable Contributions Tot	$163,265	CharitableContributionsTotAmt
Gross Revenue Total Events	$46,275	GrossRevenueTotalEventsAmt
Rent Fclty Costs Total Events	$17,735	RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events	$38,975	FoodAndBeverageTotalEventsAmt
Oth Direct Expnss Total Events	$13,043	OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events	$69,753	DirectExpenseSummaryEventsAmt
Net Income Summary	-$23,478	NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (1)	GrantRecordsMaintainedInd

Recipient Table RecipientTable (8 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	Recipient EINRecipientEIN	Cash GrantCashGrantAmt	Purpose Of GrantPurposeOfGrantTxt	IRC SectionIRCSectionDesc
BIOLITE INC
65 JAY STREET	BROOKLYN	NY	11201	272826296	$140,000	1) CREATING A DIAGNOSTIC CENTER TO REPAIR PRODUCTS, IMPROVING CUSTOMER SERVICE $40,000 2) R&D FOR SOLARHOME EXPANSION PACK PRODUCT $100,000
HELLORESOLVE INC
1111 BROADWAY 5TH FLOOR	OAKLAND	CA	94607	821027243	$13,505	HIRING AN EXTERNAL CONSULTANT TO ASSIST WITH BUILDING OUT THEIR INTERNAL TECHNOLOGY NEEDS
EARNUP
2370 MARKET STREET SUITE 203	SAN FRANCISCO	CA	94114	463307882	$35,000	TESTING NEW HOMEBUYER EDUCATION SUPPORT PROGRAM
CONSEJOSANO
5200 LANKERSHIM BLVD STE 310	NORTH HOLLWOOD	CA	91601	815164953	$37,500	PRODUCT STRATEGY AND ROADMAP ANALYSIS
TANAGER
50 F ST NW STE 1075	WASHINGTON	DC	20001	521826242	$225,209	SUPPORT THREE POULTRY COMPANIES IMPROVE HOUSEHOLD NUTRITION AND EMPOWER WOMEN THROUGH THEIR BUSINESS MODELS	501(C)(3)
IDINSIGHT
576 SACRAMENTO STREET 1ST FLOOR	SAN FRANCISCO	CA	94111	274933181	$543,009	ETHIOCHICKEN IMPACT EVALUATIONS	501(C)(3)
VIRGINIA ORGANIZING INC
703 CONCORD AVENUE	CHARLOTTESVILLE	VA	22903	541674992	$50,000	RESEARCH BEST PRACTICES FOR INVESTING THAT CREATES COMMUNITY EMPOWERMENT IN POST-CONFLICT COLOMBIA	501(C)(3)
THE BUSARA CENTER FOR BEHAVIORAL ECONOMICS INC
PO BOX 1340	PRINCETON	NJ	08542	462695042	$50,000	IMPACT ASSESSMENTS	501(C)(3)

Field	Value	IRS element (for citing)
Total501c3 Org	4	Total501c3OrgCnt
Total Other Org	4	TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART I, LINE 2:	FormAndLineReferenceDesc
Explanation	THE ORGANIZATION MAKES VERY FEW DOMESTIC GRANTS AND THOSE GRANTS ARE USUALLY SUBAWARDS CONTRIBUTED FROM OTHER FUNDING ORGANIZATIONS. IN ALL CASES, THE ORGANIZATION HAS A THOROUGH UNDERSTANDING OF THE WORK BEING UNDERTAKEN AND A FAMILIARITY WITH THE GRANTEE UNDERTAKING THE WORK. FOLLOW UP MONITORING IS PERFORMED BY VERBAL CHECK-INS, PERIODIC PROGRESS REPORTS AND FINAL WRITTEN GRANT PERFORMANCE REPORTS AT THE CONCLUSION OF THE GRANT PERIOD.	ExplanationTxt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Compensation Committee	Yes (X)	CompensationCommitteeInd
Form990 Of Other Organizations	Yes (X)	Form990OfOtherOrganizationsInd
Compensation Survey	Yes (X)	CompensationSurveyInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	0	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	0	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	0	EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org	0	CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs	0	CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org	0	CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs	0	CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments	Yes (1)	AnyNonFixedPaymentsInd
Initial Contract Exception	0	InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (16 entries)

TitleTitleTxt	Base Compensation Filing OrgBaseCompensationFilingOrgAmt	Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt	Bonus Filing OrganizationBonusFilingOrganizationAmount	Bonus Related OrganizationsBonusRelatedOrganizationsAmt	Other Compensation Filing OrgOtherCompensationFilingOrgAmt	Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt	Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt	Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt	Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt	Total Compensation Filing OrgTotalCompensationFilingOrgAmt	Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt	Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
JACQUELINE NOVOGRATZ
CEO & DIRECTOR	$320,347	$0	$32,000	$0	$0	$0	$10,710	$0	$16,929	$0	$379,986	$0	$0	$0
CARLYLE SINGER JONES
PRESIDENT	$263,058	$0	$26,500	$0	$0	$0	$9,045	$0	$22,441	$0	$321,044	$0	$0	$0
SACHINDRA RUDRA
CHIEF INVESTMENT OFFICER	$237,931	$0	$22,105	$0	$0	$0	$0	$0	$0	$0	$260,036	$0	$0	$0
ALEXANDER DICHTER
CHIEF INNOVATION OFFICER	$234,052	$0	$25,300	$0	$0	$0	$8,109	$0	$28,437	$0	$295,898	$0	$0	$0
YASMINA ZAIDMAN
CHIEF STRATEGIC PARTNERSHIPS OFFICER	$199,359	$0	$18,525	$0	$0	$0	$6,537	$0	$372	$0	$224,793	$0	$0	$0
LYNN ROLAND
BOARD SECRETARY / GENERAL COUNSEL	$196,698	$0	$20,640	$0	$0	$0	$6,619	$0	$11,031	$0	$234,988	$0	$0	$0
JACQUELINE WOO
CHIEF FINANCIAL OFFICER	$195,935	$0	$20,500	$0	$0	$0	$6,765	$0	$26,830	$0	$250,030	$0	$0	$0
AMRITA BHANDARI
CHIEF OF BUSINESS DEVELOPMENT	$175,950	$0	$0	$0	$0	$0	$5,279	$0	$372	$0	$181,601	$0	$0	$0
CATHERINE C NANDA
DIRECTOR, ACUMEN AMERICA	$169,366	$0	$18,975	$0	$0	$0	$5,819	$0	$23,886	$0	$218,046	$0	$0	$0
ALBERTO GOMEZ OBREGON
DIRECTOR, PORTFOLIO	$164,432	$0	$15,758	$0	$0	$0	$5,573	$0	$17,445	$0	$203,208	$0	$0	$0
JO-ANN TAN
DIRECTOR, +ACUMEN	$150,000	$0	$13,848	$0	$0	$0	$4,915	$0	$372	$0	$169,135	$0	$0	$0
AMON ANDERSON
DIRECTOR, ACUMEN AMERICA	$137,910	$0	$15,625	$0	$0	$0	$4,669	$0	$9,133	$0	$167,337	$0	$0	$0
BATOOL HASSAN
DIRECTOR, LEADERSHIP	$138,000	$0	$12,911	$0	$0	$0	$4,527	$0	$372	$0	$155,810	$0	$0	$0
JOANNA MCQUADE
DIRECTOR, TALENT	$146,439	$0	$0	$0	$0	$0	$4,439	$0	$7,329	$0	$158,207	$0	$0	$0
ELEANOR MURPHY HEAD OF
BUSINESS DEVELOPMENT, EAST COAST	$120,837	$0	$11,000	$0	$12,500	$0	$4,080	$0	$14,663	$0	$163,080	$0	$0	$0
VIRGILIO BARCO
LATIN AMERICA DIRECTOR	$125,867	$0	$16,489	$0	$0	$0	$4,420	$0	$17,240	$0	$164,016	$0	$0	$0

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART I, LINE 7	FormAndLineReferenceDesc
Explanation	ACUMEN OFFERS A DISCRETIONARY PERFORMANCE-BASED BONUS FOR ITS EMPLOYEES WITH GUIDELINES SET BY THE MANAGEMENT COMMITTEE AND AGREED BY THE BOARD. BONUSES ARE REFLECTIVE OF ORGANIZATIONAL AND INDIVIDUAL PERFORMANCE WHICH PROVIDES COLLECTIVE ACCOUNTABILITY (INCREASING BY LEVEL), FOSTERS INCREASED COLLABORATION AND PROBLEM-SOLVING. THE ORGANIZATIONAL COMPONENT OF THE BONUS IS RECOMMENDED BY THE MANAGEMENT COMMITTEE TO THE COMPENSATION COMMITTEE, BASED ON ACHIEVEMENT OF ANNUAL GOALS (WHICH ARE DETERMINED AT THE END OF THE PRIOR YEAR AND APPROVED BY THE BOARD), THEN REVIEWED BY THE COMPENSATION COMMITTEE AND ULTIMATELY APPROVED BY THE BOARD. EACH INDIVIDUAL'S SUPERVISOR DETERMINES THE INDIVIDUAL RATING BASED ON PERFORMANCE AGAINST INDIVIDUAL GOALS, AND THE DIRECTOR OF TALENT AND RESPECTIVE MANAGEMENT COMMITTEE MEMBER APPROVES THE RATINGS. BONUSES WERE TREATED AS TAXABLE COMPENSATION TO THE RECIPIENTS.	ExplanationTxt

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	10	ContributionCnt
Noncash Contributions Rpt F990	$330,505	NoncashContributionsRptF990Amt
Method Of Determining Revenues	AVG SELLING PRICE	MethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Desc	TICKETS/GIFT CARD/ENTERTAINMENT	Desc
Contribution	24	ContributionCnt
Noncash Contributions Rpt F990	$27,082	NoncashContributionsRptF990Amt
Method Of Determining Revenues	COST	MethodOfDeterminingRevenuesTxt

Field	Value	IRS element (for citing)
Form8283 Received	0	Form8283ReceivedCnt
Any Property That Must Be Held	0	AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts	Yes (1)	ReviewProcessUnusualNCGiftsInd
Third Parties Used	0	ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART I, COLUMN (B):	FormAndLineReferenceDesc
Explanation	THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTORS IN PART I, COLUMN (B) OF SCHEDULE M.	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 3	BEGINNING IN 2004, THE ORGANIZATION BEGAN USING ADP TOTALSOURCE, A PROFESSIONAL EMPLOYER ORGANIZATION ("PEO"). AS A PROFESSIONAL EMPLOYER ORGANIZATION, TOTALSOURCE PROVIDES PROFESSIONAL EMPLOYER SERVICES TO ACUMEN FUND, INC. (ACUMEN). IN THE PEO RELATIONSHIP TOTALSOURCE AND ACUMEN SHARE CERTAIN RESPONSIBILITIES AND ALLOCATE OTHER EMPLOYER RESPONSIBILITIES BETWEEN EACH OTHER. ACUMEN REMAINS AN EMPLOYER OF THE WORKSITE EMPLOYEES AND TOTALSOURCE IS A CO-EMPLOYER OF ACUMEN'S EMPLOYEES. ACUMEN HAS: - DIRECTION AND CONTROL OVER EMPLOYEES AS IS NECESSARY TO CONDUCT ITS BUSINESS, DISCHARGE ANY FIDUCIARY RESPONSIBILITY IT MAY HAVE, OR COMPLY WITH ANY APPLICABLE LICENSURE, REGULATORY OR STATUTORY REQUIREMENT OF ACUMEN - CONTROL OVER THE DAY TO DAY JOB DUTIES OF EMPLOYEES AND OVER THE JOB SITES AT WHICH, OR FROM WHICH EMPLOYEES PERFORM SERVICES TOTALSOURCE RESERVES A RIGHT OF DIRECTION AND CONTROL OVER EMPLOYEES AS IS NECESSARY TO FULFILL ITS OBLIGATIONS AND PROVIDE ITS SERVICES UNDER AN AGREEMENT BETWEEN ACUMEN AND TOTALSOURCE. TOTALSOURCE AND ACUMEN HAVE A RIGHT TO HIRE, DISCIPLINE, AND TERMINATE EMPLOYEES AS TO EACH ONE'S EMPLOYMENT RELATIONSHIP WITH EMPLOYEES. THE TOTAL AMOUNT OF SERVICE FEE PAID TO ADP TOTALSOURCE FOR THE TAX YEAR ENDING 12/31/18 IS $160,944.
FORM 990, PART VI, SECTION B, LINE 11B	THE ORGANIZATION'S FINANCE STAFF MEMBERS PREPARE THE FORM 990 IN CONJUNCTION WITH THE ORGANIZATION'S EXTERNAL INDEPENDENT ACCOUNTANTS. SEVERAL MEMBERS OF SENIOR MANAGEMENT AND INTERNAL LEGAL STAFF MEMBERS REVIEW THE INFORMATION AND A DRAFT FORM 990 IS CIRCULATED ELECTRONICALLY BY E-MAIL TO THE FULL BOARD OF DIRECTORS. AFTER SOLICITING THE BOARD'S FEEDBACK AND COMMENTS THE FORM 990 IS E-FILED WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 12C	THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY WHICH IS ANNUALLY MONITORED, REQUIRING ALL OF THE ORGANIZATION'S OR ITS AFFILIATE'S BOARD MEMBERS, MEMBERS OF THE INVESTMENT COMMITTEE, OFFICERS, KEY EMPLOYEES, AND EACH OF THEIR RESPECTIVE RELATIVES TO DISCLOSE ANY FINANCIAL INTEREST THAT MAY BE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST TO THE GENERAL COUNSEL, SUBJECT TO REVIEW BY THE AUDIT & FINANCE COMMITTEE OF THE BOARD. SUCH DISCLOSURES INVOLVING A TRANSACTION OR ARRANGEMENT ARE REVIEWED BY THE GENERAL COUNSEL, WITH OVERSIGHT BY THE PRESIDENT, AND REFERRED TO THE AUDIT & FINANCE COMMITTEE WHERE APPROPRIATE TO DETERMINE WHETHER ACTION NEEDS TO BE TAKEN TO ADDRESS THE CONFLICT OF INTEREST WITH RESPECT TO THE TRANSACTION OR ARRANGEMENT. THE INDIVIDUAL WITH THE CONFLICT OF INTEREST IS REQUIRED TO DISCLOSE THE CONFLICT AND RECUSE HIM/HERSELF FROM THE DISCUSSION AND NOT BE PRESENT DURING ANY DELIBERATION OR VOTE ON MATTERS WHERE HE/SHE HAS AN ACTUAL CONFLICT. A DISINTERESTED PERSON MAY BE APPOINTED TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT, AND THE AUDIT & FINANCE COMMITTEE SHALL DETERMINE IF ACUMEN CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST, AND IF NOT, IF THE TRANSACTION OR ARRANGEMENT IS IN ACUMEN'S BEST INTEREST FOR ITS OWN BENEFIT AND FAIR AND REASONABLE. ADDITIONALLY, THE ORGANIZATION REQUIRES ALL SUCH INDIVIDUALS TO PROMPTLY AND FULLY DISCLOSE ALL MATERIAL FACTS OF ANY ACTUAL OR POTENTIAL CONFLICT OF INTEREST THAT MAY EXIST AT THE TIME OF HIRE OR APPOINTMENT, AS APPLICABLE, AND AS THEY MAY ARISE WHILE THE INDIVIDUAL IS SERVING OR EMPLOYED IN SUCH CAPACITY BY THE ORGANIZATION. SUCH DISCLOSURES ARE REVIEWED BY THE GENERAL COUNSEL, WITH OVERSIGHT BY THE PRESIDENT AND/OR OTHER MEMBERS OF SENIOR MANAGEMENT, AND THE AUDIT & FINANCE COMMITTEE, WHERE APPROPRIATE, TO DETERMINE APPROPRIATE ACTION TO BE TAKEN, WHICH, IF ADVISABLE, MAY INCLUDE INFORMATION FIREWALLS, OVERSIGHT BY DISINTERESTED PERSONS AND/OR DISCOURAGEMENT OF THE ACTIVITY.
FORM 990, PART VI, SECTION B, LINE 15	THE ORGANIZATION ANNUALLY REVIEWS COMPARABLE COMPENSATION DATA FOR ITS NON-PROFIT PEER GROUP AND SIMILAR ORGANIZATIONS IN THE FOR-PROFIT PRIVATE SECTOR. IT SEEKS TO BENCHMARK AGAINST THESE COMPARATIVE FIGURES WHEN SETTING COMPENSATION FOR ITS CHIEF EXECUTIVE OFFICER AND PRESIDENT. THE ORGANIZATION WILL ALSO CONSIDER JOB PERFORMANCE AND ALTERNATIVE EMPLOYMENT OFFERS WHEN EVALUATING CEO COMPENSATION. THE COMPENSATION COMMITTEE RECOMMENDS AND THEN THE BOARD OF DIRECTORS DISCUSSES AND APPROVES, IN EXECUTIVE SESSION, THE COMPENSATION INFORMATION AND DETERMINES THE CEO AND PRESIDENT'S SALARIES. THE COMPENSATION COMMITTEE IS COMPRISED SOLELY OF BOARD MEMBERS WHO DO NOT HAVE A CONFLICT OF INTEREST IN DETERMINING THE SALARY OF THE CEO. ANY BOARD MEMBERS WHO ARE CONFLICTED IN DETERMINING THE CEO'S COMPENSATION ARE RECUSED FROM THE PORTION OF THE MEETING WHERE COMPENSATION IS DISCUSSED AND DETERMINED. MINUTES DOCUMENTING BOTH THE ACTIVITIES AND ACTIONS OF THE COMPENSATION COMMITTEE AND THE BOARD OF DIRECTORS, INCLUDING THE MATERIALS THEY USED IN EVALUATING COMPENSATION, ARE TAKEN AND RETAINED CONTEMPORANEOUSLY. THE CEO, IN CONSULTATION WITH THE PRESIDENT AND DIRECTOR OF TALENT, DETERMINES SALARIES OF THE OTHER MEMBERS OF SENIOR MANAGEMENT OF THE ORGANIZATION USING THE SAME PROCESSES AS DESCRIBED ABOVE.
FORM 990, PART VI, SECTION C, LINE 19	THE ORGANIZATION POSTS ITS FORM 990 AND AUDITED FINANCIAL STATEMENTS ON ITS PUBLICLY ACCESSIBLE WEBSITE WWW.ACUMEN.ORG. CURRENT YEAR INFORMATION IS POSTED AS IT BECOMES AVAILABLE AND TWO PRIOR YEAR'S RESULTS ARE MAINTAINED ONLINE. THE ORGANIZATION ALSO PROVIDES ITS INFORMATION TO CHARITY NAVIGATOR AND GUIDESTAR.ORG. PUBLIC INFORMATION ABOUT ACUMEN IS AVAILABLE ON THE WEBSITE OF THE NYS ATTORNEY GENERAL CHARITIES BUREAU, AS WELL AS UPON REQUEST. THE FORM 1023 IS MADE AVAILABLE UPON REQUEST. THE GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON SPECIFIC REQUEST, AND A SUMMARY OF THE CONFLICT OF INTEREST POLICY IS AVAILABLE ON THE FORM 990.
FORM 990, PART IX, LINE 11G	PROGRAM CONSULTANTS: PROGRAM SERVICE EXPENSES 806,773. MANAGEMENT AND GENERAL EXPENSES 86,638. FUNDRAISING EXPENSES 13,479. TOTAL EXPENSES 906,890. INDIA PROGRAM SERVICE FEE: PROGRAM SERVICE EXPENSES 1,169,409. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,169,409. CONFERENCE AND MEMBERSHIP FEES: PROGRAM SERVICE EXPENSES 55,971. MANAGEMENT AND GENERAL EXPENSES 4,211. FUNDRAISING EXPENSES 29,243. TOTAL EXPENSES 89,425. RECRUITING FEES: PROGRAM SERVICE EXPENSES 29,388. MANAGEMENT AND GENERAL EXPENSES 173,151. FUNDRAISING EXPENSES 13. TOTAL EXPENSES 202,552. TRAINING FEES: PROGRAM SERVICE EXPENSES 9,308. MANAGEMENT AND GENERAL EXPENSES 38,275. FUNDRAISING EXPENSES 2,547. TOTAL EXPENSES 50,130. OTHER MANAGEMENT FEE: PROGRAM SERVICE EXPENSES 43,829. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 43,829.
FORM 990, PART XI, LINE 9:	FOREIGN CURRENCY TRANSLATION LOSS -62,899. CHANGE IN VALUE OF CHARITABLE REMAINDER TRUST -39,203.
FORM 990, PART XII, LINE 2C:	ACUMEN FUND, INC. HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS DID NOT CHANGE FROM 2017.
FORM 990, PART XI, LINE 8, PRIOR PERIOD ADJUSTMENTS:	THE BEGINNING BALANCE OF ACUMEN FUND, INC. NET ASSET WAS ADJUSTED BY $40,441 DUE TO INTERCOMPANY ADJUSTMENT BETWEEN ACUMEN FUND, INC. AND ACUMEN CAPITAL PARTNERS, LLC.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (3 entries)

Address Line1ForeignAddress/AddressLine1Txt	CityForeignAddress/CityNm	CountryForeignAddress/CountryCd	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile Foreign CountryLegalDomicileForeignCountryCd	Exempt Code SectionExemptCodeSectionTxt	Public Charity StatusPublicCharityStatusTxt	Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt	Controlled OrganizationControlledOrganizationInd	Foreign PostalForeignAddress/ForeignPostalCd
ACUMEN (PAKISTAN)
11-C 4TH FL1ST COMMERCIAL LANE S	KARACHI	PK	INVESTING IN SOCIAL ENTERPRISES	PK	501(C)(3)	LINE 7	ACUMEN FUND INC	Yes (1)
ACUMEN FUND CANADA
700 WEST GEORGIA STREET 25TH FLOOR	VANCOUVER	CA	ALLEVIATE POVERTY	CA	501(C)(3)	LINE 7	ACUMEN FUND INC	Yes (1)	V7Y 1B3
AF TRUST
201 DHEERAJI PLAZA HILL ROAD BAN	MUMBAI	IN	LEADERSHIP	IN	501(C)(3)	LINE 7	ACUMEN FUND INC	Yes (1)	400050

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (5 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	EINEIN	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt	Predominant Income TypePredominantIncomeTypeTxt	Share Of Total IncomeShareOfTotalIncomeAmt	Share Of EOY AssetsShareOfEOYAssetsAmt	Disproportionate AllocationsDisproportionateAllocationsInd	UBI Code VUBICodeVAmt	General Or Managing PartnerGeneralOrManagingPartnerInd	OwnershipOwnershipPct	Address Line1ForeignAddress/AddressLine1Txt	CityForeignAddress/CityNm	CountryForeignAddress/CountryCd	Legal Domicile Foreign CountryLegalDomicileForeignCountryCd
ACUMEN CAPITAL MARKETS ILP
40 WORTH STREET STE 303	NEW YORK	NY	10013	263831409	INVESTING IN SOCIAL ENTERPRISES	DE	ACUMEN FUND INC	RELATED	$67,482	$4,909,676	0	$77,583	Yes (1)	0.14490
ACUMEN CAPITAL MARKETS INVESTMENTS LLC
40 WORTH STREET STE 303	NEW YORK	NY	10013	364796906	CARRY VEHICLE	DE	ACUMEN CAPITAL PARTNERS LLC	RELATED			0		Yes (1)
KAWISAFI VENTURES LIMITED
				320466550	INVESTING IN SOCIAL ENTERPRISES		ACUMEN CAPITAL PARTNERS LLC	RELATED	$13,245	$5,228,676	0		Yes (1)	0.28540	C/O ESTERA MANAGEMENT MAURITIUS L	PORT LOUIS	MP	MP
ACUMEN LATIN AMERICA EARLY GROWTH FUND LP
40 WORTH STREET STE 303	NEW YORK	NY	10013	981364491	INVESTING IN SOCIAL ENTERPRISES		ACUMEN CAPITAL MARKETS LATIN AMERICA EARLY GROWTH LLC	RELATED		$200,961	0		Yes (1)	0.04960				CA
ACUMEN CAPITAL MARKETS LATIN AMERICA EARLY GROWTH LLC
40 WORTH STREET STE 303	NEW YORK	NY	10013	820973614	CARRY VEHICLE	DE	ACUMEN CAPITAL PARTNERS LLC	RELATED			0		Yes (1)

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (6 entries)

Address Line1ForeignAddress/AddressLine1Txt	CityForeignAddress/CityNm	Province Or StateForeignAddress/ProvinceOrStateNm	CountryForeignAddress/CountryCd	Foreign PostalForeignAddress/ForeignPostalCd	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile Foreign CountryLegalDomicileForeignCountryCd	Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt	Entity TypeEntityTypeTxt	Share Of Total IncomeShareOfTotalIncomeAmt	Share Of EOY AssetsShareOfEOYAssetsAmt	OwnershipOwnershipPct	Controlled OrganizationControlledOrganizationInd	Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	EINEIN	Legal Domicile StateLegalDomicileStateCd
ACUMEN FUND ADVISORY SERVICES INDIA PVT LTD
203 DHEERAJ PLAZA HILL ROAD	BANDRA WEST	MUMBAI	IN	400050	ADVISORY SERVICES	IN	ACUMEN FUND INC	C	$1,125,422	$2,025,851	0.99900	Yes (1)
ACUMEN CAPITAL PARTNERS LLC
					FUND MANAGER		ACUMEN FUND INC	C	$2,466,310	$1,442,035	1.00000	Yes (1)	40 WORTH STREET STE 303	NEW YORK	NY	10013	320450985	DE
ACUMEN CAPITAL HOLDING LLC
					HOLDING COMPANY		ACUMEN FUND INC	C	-$28,337	$56,260	1.00000	Yes (1)	40 WORTH STREET STE 303	NEW YORK	NY	10013	820758236	DE
UNDER THE MANGO TREE
A 412 BYCULLA SERVICE INDUSTRIES C	BYCULLA	MUMBAI	IN		BEEKEEPING	IN	ACUMEN FUND INC	C	$123,272	$87,271	0.82140	0
ACUMEN LATIN AMERICA CAPITAL PARTNERS COLOMBIA SAS
DIAGONAL 76 1-29	BOGOTA DC	CUNDINAMARCA	CO		INVESTING IN SOCIAL ENTERPRISES	CO	ACUMEN LATIN AMERICA CAPITAL PARTNERS LLC	C				0					981503546
ACUMEN LATAM CAPITAL PARTNERS LLC
					FUND MANAGER		ACUMEN CAPITAL PARTNERS LLC	C				0	40 WORTH STREET STE 303	NEW YORK	NY	10013	822358039	DE

Field	Value	IRS element (for citing)
Receipt Of Int Annts Rnts Rylts	0	ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org	Yes (1)	GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org	0	GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org	0	LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org	0	LoansOrGuaranteesFromOthOrgInd
Div Related Organization	0	DivRelatedOrganizationInd
Asset Sale To Other Org	0	AssetSaleToOtherOrgInd
Asset Purchase From Other Org	0	AssetPurchaseFromOtherOrgInd
Asset Exchange	0	AssetExchangeInd
Rental Of Facilities To Oth Org	0	RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org	0	RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org	Yes (1)	PerformOfServicesForOthOrgInd
Perform Of Services By Other Org	Yes (1)	PerformOfServicesByOtherOrgInd
Sharing Of Facilities	Yes (1)	SharingOfFacilitiesInd
Paid Employees Sharing	Yes (1)	PaidEmployeesSharingInd
Reimbursement Paid To Other Org	0	ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org	0	ReimbursementPaidByOtherOrgInd
Transfer To Other Org	0	TransferToOtherOrgInd
Transfer From Other Org	0	TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (4 entries)

Transaction TypeTransactionTypeTxt	InvolvedInvolvedAmt	Method Of Amount DeterminationMethodOfAmountDeterminationTxt
ACUMEN FUND ADVISORY SERVICES INDIA PRIVATE LIMITED
M	$1,169,409	FMV
ACUMEN (PAKISTAN)
B	$260,000	COST
ACUMEN CAPITAL MARKETS I LP
L	$228,937	FMV
ACUMEN CAPITAL PARTNERS LLC
L	$155,479	FMV