ACUMEN FUND INC: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- ACUMEN FUND INC (EIN 13-4166228)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-12
- IRS object ID
- 202523169349309452
- Schema version
- 2024v5.2
- 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 | 2025-11-12T18:13:53-06:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 420714325 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RSM US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 80 CITY SQUARE | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02129 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | 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 303 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10013 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | HANNAH TOFILSKA | PersonNm |
| Person Title | CHIEF FINANCIAL OFFICER | PersonTitleTxt |
| Phone | 2125668821 | PhoneNum |
| Signature | 2025-11-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | KAREN LO | PreparerPersonNm |
| PTIN | P01434915 | PTIN |
| Phone | 6179129000 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | 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 303 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10013 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $50,066,111 | 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 | ACUMEN'S MISSION IS TO CHANGE THE WAY THE WORLD TACKLES POVERTY BY INVESTING IN COMPANIES, LEADERS AND IDEAS.ACUMEN IS A GLOBAL FORCE OF ENTREPRENEURS, INVESTORS, PHILANTHROPISTS, AND SOCIAL INNOVATORS WORKING TOGETHER TO BUILD A WORLD BASED ON DIGNITY. WE WERE FOUNDED BY JACQUELINE NOVOGRATZ ON THE RADICAL IDEA THAT BUSINESS, WHEN CULTIVATED WITH MORAL IMAGINATION, CAN BREAK THE CYCLE OF POVERTY. WE INVEST IN TRANSFORMATIONAL COMPANIES, BUILD SUSTAINABLE MARKETS, AND PREPARE LEADERS WITH THE TOOLS THEY NEED TO CREATE A MORE JUST AND INCLUSIVE FUTURE. SINCE 2001, WE HAVE SCALED COMPANIES AND SHAPED MARKETS IN SOME OF THE HARDEST-TO-REACH COMMUNITIES ON THE PLANET, IMPACTING OVER HALF-A-BILLION LIVES. | ActivityOrMissionDesc |
| Voting Members Governing Body | 12 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 11 | VotingMembersIndependentCnt |
| Total Employee | 140 | TotalEmployeeCnt |
| Total Volunteers | 12 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $50,322,993 | PYContributionsGrantsAmt |
| CY Contributions Grants | $44,103,444 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $1,172,013 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $1,505,410 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,207,116 | PYInvestmentIncomeAmt |
| CY Investment Income | $272,607 | CYInvestmentIncomeAmt |
| PY Other Revenue | $506,626 | PYOtherRevenueAmt |
| CY Other Revenue | $506,252 | CYOtherRevenueAmt |
| PY Total Revenue | $53,208,748 | PYTotalRevenueAmt |
| CY Total Revenue | $46,387,713 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $2,988,413 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $4,469,354 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $15,528,716 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $16,549,035 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $118,863 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $72,200 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $3,713,960 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $11,578,327 | PYOtherExpensesAmt |
| CY Other Expenses | $13,137,778 | CYOtherExpensesAmt |
| PY Total Expenses | $30,214,319 | PYTotalExpensesAmt |
| CY Total Expenses | $34,228,367 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $22,994,429 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $12,159,346 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $210,817,310 | TotalAssetsBOYAmt |
| Total Assets EOY | $217,512,001 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $14,566,571 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $13,420,650 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $196,250,739 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $204,091,351 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | SEE SCHEDULE O | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $17,807,016 | ExpenseAmt |
| Grant | $3,440,171 | GrantAmt |
| Revenue | $1,304,878 | RevenueAmt |
| Desc | INVESTING AND PORTFOLIO MANAGEMENT:WE INVEST ACROSS THE CAPITAL CONTINUUM TO HELP TRANSFORMATIONAL COMPANIES GROW FROM SEED TO SCALE. 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 HEALTHCARE, 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. [SEE CONTINUATION ON SCHEDULE O]ACUMEN MADE 32 NEW AND FOLLOW-ON INVESTMENTS IN 2024, REACHING A CUMULATIVE $185 MILLION INVESTED IN 201 BUSINESSES SERVING PEOPLE LIVING IN POVERTY. WE ALSO POOL CAPITAL TO SCALE STRATEGIC SOLUTIONS TO PROBLEMS OF POVERTY IN SPECIFIC SECTORS AND GEOGRAPHIES, USING BLENDED FINANCE. OUR FOUR SPONSORED FUNDS, CURRENTLY MANAGED UNDER ACUMEN CAPITAL PARTNERS INCLUDE: KAWISAFI ($67M AUM), FOCUSES ON CLEAN ENERGY AND CLIMATE MITIGATION IN EAST AFRICA; ACUMEN RESILIENT AGRICULTURE FUND ($58M AUM), FOCUSES ON CLIMATE RESILIENCE FOR SMALLHOLDER FARMERS IN EAST AND WEST AFRICA; AND ACUMEN LATIN AMERICA EARLY GROWTH FUNDS I AND II ($73M AUM), MANAGED BY ACUMEN LATAM IMPACT VENTURES, A TEAM OWNED MANAGER, FOCUSED ON ENERGY ACCESS, WORKFORCE, AGRICULTURE, AND TECH. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $4,455,318 | ExpenseAmt |
| Grant | $750 | GrantAmt |
| Revenue | $76,382 | RevenueAmt |
| Desc | 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. WE DO THIS BY BUILDING MODELS, SHARING THE INSIGHTS FROM OUR WORK AND HOLDING OURSELVES AND OUR PEERS ACCOUNTABLE. OUR IMPACT MEASUREMENT AND MANAGEMENT FRAMEWORK HELPS US DEFINE AND MEASURE OUR IMPACT, INCLUDING BREADTH AND DEPTH OF IMPACT. THROUGH 2024, ACUMEN HAS REACHED OVER 719 MILLION LIVES IMPACTED THROUGH OUR PATIENT CAPITAL AND FOR-PROFIT INVESTMENTS. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $4,239,334 | ExpenseAmt |
| Grant | $1,028,433 | GrantAmt |
| Revenue | $124,150 | RevenueAmt |
| Desc | FELLOWS & LEADERSHIP PROGRAMS:WE PREPARE LEADERS WITH THE TOOLS, CAPITAL AND COMMUNITY THEY NEED TO BUILD SCALABLE SOLUTIONS TO POVERTY. OUR RECENTLY LAUNCHED-LEARNING ENGAGEMENT PLATFORM OFFERS A FULL-SERVICE SPACE FOR ENTREPRENEURS AND FELLOWS TO ENGAGE WITH EACH OTHER. ACUMEN ACADEMY'S HAS GROWN TO MORE THAN 1800 FELLOWS, HAS AWARDED 99 EARLY-STAGE GRANTS TO FOUNDRY MEMBERS AND FACILITATED OVER 1.3 MILLION ONLINE COURSE SIGN-UPS. THROUGH ACADEMY ORGANIZATIONS AND COMPANIES, WE HAVE REACHED 71 MILLION LIVES IMPACTED. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $26,501,668 | 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 |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| 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 | Yes (1) | 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 | Yes (1) | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | 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 With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | 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 | 49 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 140 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | Yes (1) | ForeignFinancialAccountInd |
| Foreign Country | CA | ForeignCountryCd |
| Foreign Country | UK | ForeignCountryCd |
| Foreign Country | MP | ForeignCountryCd |
| Foreign Country | IN | ForeignCountryCd |
| Foreign Country | PK | ForeignCountryCd |
| Foreign Country | CO | ForeignCountryCd |
| Foreign Country | KE | ForeignCountryCd |
| Foreign Country | NI | ForeignCountryCd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| 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 | 12 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 11 | 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 | DC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | FL | 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 | MN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NJ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NV | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | PA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | TX | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WA | 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 | HANNAH TOFILSKA CHIEF FINANCIAL OFFICER | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2125668821 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 40 WORTH STREET 303 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10013 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (28 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 | 39.50 | 0.50 | Yes (X) | Yes (X) | $393,218 | $0 | $39,295 | ||
| MARGO ALEXANDER | |||||||||
| DIRECTOR (THRU 3/31/24) | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| KATHLEEN CHEW WAI LIN | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MATTHEW COUREY | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| C HUNTER BOLL | |||||||||
| DIRECTOR (THRU 3/31/24) | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| NATE LAURELL | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| CRISTINA LJUNGBERG | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| KIRSTEN NEVILL-MANNING | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| KAREN PATERSON | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| THULASIRAJ RAVILLA | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ANDREA SOROS COLOMBEL | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| HANS TAPARIA | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JUAN CARLOS MORA URIBE | |||||||||
| DIRECTOR (FROM 10/2/24) | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| NATE LAURELL | |||||||||
| BOARD CHAIR (FROM 4/1/24) | 1.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| SHAIZA RIZAVI | |||||||||
| BOARD CHAIR (THRU 03/31/24) | 1.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| CARLYLE SINGER JONES | |||||||||
| PRESIDENT | 39.50 | 0.50 | Yes (X) | $352,317 | $0 | $21,861 | |||
| LYNN ROLAND | |||||||||
| BOARD SECRETARY/GENERAL COUNSEL | 35.00 | 5.00 | Yes (X) | $284,047 | $0 | $52,621 | |||
| JACQUELINE WOO | |||||||||
| CFO (THRU 8/9/24) | 39.50 | 0.50 | Yes (X) | $194,146 | $0 | $33,858 | |||
| YASMINA ZAIDMAN | |||||||||
| CHIEF OF DEVELOPMENT & PARTNERSHIPS | 40.00 | 0.00 | $282,481 | $0 | $51,689 | Yes (X) | |||
| CATHERINE C NANDA | |||||||||
| DIRECTOR, ACUMEN AMERICA | 0.00 | 40.00 | $251,547 | $0 | $35,950 | Yes (X) | |||
| KATHERINE PARKER | |||||||||
| CHIEF OF ACADEMY | 40.00 | 0.00 | $269,689 | $0 | $8,740 | Yes (X) | |||
| JIWOO CHOI | |||||||||
| CHIEF OF STRATEGIC INITIATIVES | 40.00 | 0.00 | $247,230 | $0 | $21,413 | Yes (X) | |||
| AMON ANDERSON | |||||||||
| DIRECTOR, ACUMEN AMERICA | 0.00 | 40.00 | $219,801 | $0 | $35,155 | Yes (X) | |||
| AMRITA BHANDARI | |||||||||
| CHIEF OF INSIGHTS & STRATEGY | 40.00 | 0.00 | $293,177 | $0 | $9,265 | Yes (X) | |||
| JULES SAMAIN | |||||||||
| MANAGING DIRECTOR, H2R | 40.00 | 0.00 | $231,150 | $0 | $8,877 | Yes (X) | |||
| ALEXANDRA GORDON | |||||||||
| CHIEF OF COMMUNICATIONS | 40.00 | 0.00 | $207,385 | $0 | $4,603 | Yes (X) | |||
| SANDRA HALILOVIC | |||||||||
| DIRECTOR OF INVESTMENTS, H2R | 40.00 | 0.00 | $201,000 | $0 | $470 | Yes (X) | |||
| SARAH BIEBER | |||||||||
| DIRECTOR, DEVELOPMENT & PARTNERSHIPS | 40.00 | 0.00 | $197,333 | $0 | $6,390 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $3,624,521 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $330,187 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 38 | 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/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| 60 DECIBELS INC | |||||
| 205 E 42ND STREET 20TH FL | NEW YORK | NY | 10018 | IMPACT MEASUREMENT | $508,512 |
| DLIGHT DESIGN INC | |||||
| 2100 GENG ROAD | ST PALO ALTO | CA | 94303 | SOLAR ENERGY AND ULTRA-EFFI. PRODUCTS | $329,000 |
| RSM US LLP | |||||
| 30 S WACKER DRIVE SUITE 3300 | CHICAGO | IL | 60606 | ACCOUNTING SERVICES | $284,660 |
| 41 BRIDGE PARTNERS LLC | |||||
| 27 UNION SQUARE WEST SUITE 502 | NEW YORK | NY | 10003 | RECRUITING | $237,984 |
| ANNA MARIE EVENTS INC | |||||
| 2932 BAKER STREET | SAN FRANCISCO | CA | 94123 | EVENT PLANNING | $237,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 18 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $3,669,500 | GovernmentGrantsAmt |
| All Other Contributions | $40,433,944 | AllOtherContributionsAmt |
| Noncash Contributions | $113,780 | NoncashContributionsAmt |
| Total Contributions | $44,103,444 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| PGM RELATED LOAN INCOM | 900099 | $1,157,021 | $1,157,021 |
| PROGRAM FEES | 900099 | $348,389 | $348,389 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $1,505,410 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,865,761 | TotalRevenueColumnAmt |
| Exclusion | $1,865,761 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $2,085,244 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $3,678,398 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | -$1,593,154 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$1,593,154 | TotalRevenueColumnAmt |
| Exclusion | -$1,593,154 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|---|
| REIMBURSEMENT/OTHER | 900099 | $478,752 | $478,752 |
| PORTFOLIO DILIGENCE FE | 900099 | $27,500 | $27,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $506,252 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $46,387,713 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,505,410 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $778,859 | 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 | $866,446 | TotalAmt |
| Program Services | $866,446 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,602,908 | TotalAmt |
| Program Services | $3,602,908 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,795,057 | TotalAmt |
| Program Services | $2,274,075 | ProgramServicesAmt |
| Management And General | $176,815 | ManagementAndGeneralAmt |
| Fundraising | $344,167 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $508,512 | TotalAmt |
| Program Services | $508,512 | ProgramServicesAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,181,505 | TotalAmt |
| Program Services | $7,012,904 | ProgramServicesAmt |
| Management And General | $2,072,890 | ManagementAndGeneralAmt |
| Fundraising | $2,095,711 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $294,742 | TotalAmt |
| Program Services | $146,018 | ProgramServicesAmt |
| Management And General | $78,520 | ManagementAndGeneralAmt |
| Fundraising | $70,204 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $650,680 | TotalAmt |
| Program Services | $314,361 | ProgramServicesAmt |
| Management And General | $181,985 | ManagementAndGeneralAmt |
| Fundraising | $154,334 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,118,539 | TotalAmt |
| Program Services | $615,778 | ProgramServicesAmt |
| Management And General | $257,170 | ManagementAndGeneralAmt |
| Fundraising | $245,591 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $126,237 | TotalAmt |
| Program Services | $73,764 | ProgramServicesAmt |
| Management And General | $28,534 | ManagementAndGeneralAmt |
| Fundraising | $23,939 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $476,103 | TotalAmt |
| Program Services | $438,520 | ProgramServicesAmt |
| Management And General | $32,423 | ManagementAndGeneralAmt |
| Fundraising | $5,160 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $161,167 | TotalAmt |
| Program Services | $89,957 | ProgramServicesAmt |
| Management And General | $47,294 | ManagementAndGeneralAmt |
| Fundraising | $23,916 | FundraisingAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $72,200 | TotalAmt |
| Fundraising | $72,200 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,489,056 | TotalAmt |
| Program Services | $3,963,141 | ProgramServicesAmt |
| Management And General | $403,798 | ManagementAndGeneralAmt |
| Fundraising | $122,117 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $137,988 | TotalAmt |
| Program Services | $125,321 | ProgramServicesAmt |
| Management And General | $12,239 | ManagementAndGeneralAmt |
| Fundraising | $428 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $162,672 | TotalAmt |
| Program Services | $85,956 | ProgramServicesAmt |
| Management And General | $43,654 | ManagementAndGeneralAmt |
| Fundraising | $33,062 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,039,181 | TotalAmt |
| Program Services | $564,270 | ProgramServicesAmt |
| Management And General | $346,659 | ManagementAndGeneralAmt |
| Fundraising | $128,252 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $840,585 | TotalAmt |
| Program Services | $530,328 | ProgramServicesAmt |
| Management And General | $152,944 | ManagementAndGeneralAmt |
| Fundraising | $157,313 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $687,311 | TotalAmt |
| Program Services | $483,164 | ProgramServicesAmt |
| Management And General | $67,086 | ManagementAndGeneralAmt |
| Fundraising | $137,061 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $462,509 | TotalAmt |
| Program Services | $359,140 | ProgramServicesAmt |
| Management And General | $41,854 | ManagementAndGeneralAmt |
| Fundraising | $61,515 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $438 | TotalAmt |
| Management And General | $438 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $53,198 | TotalAmt |
| Program Services | $47,979 | ProgramServicesAmt |
| Management And General | $2,929 | ManagementAndGeneralAmt |
| Fundraising | $2,290 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $101,869 | TotalAmt |
| Program Services | $36,539 | ProgramServicesAmt |
| Management And General | $43,684 | ManagementAndGeneralAmt |
| Fundraising | $21,646 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| INTERCOMPANY PROGRAM SE | $3,076,804 | $3,076,804 | ||
| PROV FOR PORTFOLIO LOSS | $1,227,529 | $1,227,529 | ||
| CORPORATE TAXES/OTHER | $85,125 | $50,104 | $20,299 | $14,722 |
| MISCELLANEOUS | $10,006 | $8,150 | $1,524 | $332 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $34,228,367 | TotalAmt |
| Program Services | $26,501,668 | ProgramServicesAmt |
| Management And General | $4,012,739 | ManagementAndGeneralAmt |
| Fundraising | $3,713,960 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $40,038 | BOYAmt |
| EOY | $7,705,887 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $82,695,708 | BOYAmt |
| EOY | $72,476,915 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,305,972 | BOYAmt |
| EOY | $20,327,791 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,124,194 | BOYAmt |
| EOY | $4,592,117 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,217,011 | BOYAmt |
| EOY | $1,217,011 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $416,451 | BOYAmt |
| EOY | $470,019 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $487,298 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $447,859 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $84,214 | BOYAmt |
| EOY | $39,439 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $633,740 | BOYAmt |
| EOY | $642,240 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $95,429,016 | BOYAmt |
| EOY | $104,907,539 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,870,966 | BOYAmt |
| EOY | $5,133,043 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $210,817,310 | BOYAmt |
| EOY | $217,512,001 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,245,349 | BOYAmt |
| EOY | $3,176,946 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $226,509 | BOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,094,713 | BOYAmt |
| EOY | $10,243,704 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,566,571 | BOYAmt |
| EOY | $13,420,650 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $128,942,100 | BOYAmt |
| EOY | $147,470,259 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $67,308,639 | BOYAmt |
| EOY | $56,621,092 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $196,250,739 | BOYAmt |
| EOY | $204,091,351 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $210,817,310 | BOYAmt |
| EOY | $217,512,001 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $12,159,346 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$22,018 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$4,296,716 | OtherChangesInNetAssetsAmt |
| 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 | $24,665,203 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $28,704,639 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $59,141,180 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $50,322,993 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $44,103,444 | CurrentTaxYearAmt |
| Total | $206,937,459 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $24,665,203 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $28,704,639 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $59,141,180 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $50,322,993 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $44,103,444 | CurrentTaxYearAmt |
| Total | $206,937,459 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $42,321,085 | SubstantialContributorsTotAmt |
| Public Support Total170 | $164,616,374 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $216,162 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $64,783 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $361,136 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,476,941 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,865,761 | CurrentTaxYearAmt |
| Total | $3,984,783 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $29,290 | CurrentTaxYearMinus4YearsAmt |
| Total | $29,290 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $833,789 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $280,350 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $337,394 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $506,626 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $506,252 | CurrentTaxYearAmt |
| Total | $2,464,411 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $213,415,943 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $9,494,204 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.77130 | PublicSupportCY170Pct |
| Public Support PY170 | 0.74160 | 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 - 2022 AMOUNT: $ 78,100. REIMBURSEMENT/OTHER - 2020 AMOUNT: $ 8,096. 2021 AMOUNT: $ 280,350. 2022 AMOUNT: $ 236,294. 2023 AMOUNT: $ 500,626. 2024 AMOUNT: $ 478,752. DEVELOPMENT COST REIMBURSEMENT - 2020 AMOUNT: $ 825,693. DILIGENCE COST REIMBURSEMENT - 2022 AMOUNT: $ 23,000. 2023 AMOUNT: $ 6,000. 2024 AMOUNT: $ 27,500. | 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 | $37,196 | OtherCostOrOtherBasisAmt |
| Depreciation | $33,815 | DepreciationAmt |
| Book Value | $3,381 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $119,954 | OtherCostOrOtherBasisAmt |
| Depreciation | $116,658 | DepreciationAmt |
| Book Value | $3,296 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $330,148 | OtherCostOrOtherBasisAmt |
| Depreciation | $297,386 | DepreciationAmt |
| Book Value | $32,762 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $39,439 | TotalBookValueLandBuildingsAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp (15 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| PROGRAM RELATED PARTNERSHIP INVESTMENTS - SUB-SAHARAN AFRICA | $16,575,241 | C |
| PROGRAM RELATED PARTNERSHIP INVESTMENTS - NORTH AMERICA | $3,778,827 | C |
| PROGRAM RELATED EQUITY INVESTMENTS - SUB-SAHARAN AFRICA | $11,335,959 | C |
| PROGRAM RELATED EQUITY INVESTMENTS - S.ASIA | $15,080,354 | C |
| PROGRAM RELATED EQUITY INVESTMENTS - NORTH AMERICA | $30,224,132 | C |
| PROGRAM RELATED EQUITY INVESTMENTS - LATIN AMERICA | $3,968,399 | C |
| PROGRAM RELATED EQUITY INVESTMENTS - CENTRAL AMERICA AND THE CARIBBEAN | $343,351 | C |
| PROGRAM RELATED EQUITY INVESTMENTS - EUROPE | $2,107,146 | C |
| PROGRAM RELATED DEBT INVESTMENTS - SUB-SAHARAN AFRICA | $5,174,471 | C |
| PROGRAM RELATED DEBT INVESTMENTS - S.ASIA | $1,491,052 | C |
| PROGRAM RELATED DEBT INVESTMENTS - NORTH AMERICA | $6,047,034 | C |
| PROGRAM RELATED DEBT INVESTMENTS - LATIN AMERICA | $2,389,544 | C |
| PROGRAM RELATED DEBT INVESTMENTS - CENTRAL AMERICA AND THE CARIBBEAN | $34,744 | C |
| PROGRAM RELATED DEBT INVESTMENTS - EUROPE | $6,316,170 | C |
| PROGRAM RELATED FOREIGN CURRENCY SWAP - NORTH AMERICA | $41,115 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $104,907,539 | TotalBookValueProgramRltdAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| RETURNABLE GRANT CAPITAL | $5,819,399 |
| LEASE LIABILITY | $4,424,305 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $10,243,704 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | ACUMEN IS RECOGNIZED BY THE INTERNAL REVENUE SERVICE (IRS) AS TAX-EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. INCOME EARNED IN FURTHERANCE OF THESE ENTITIES' TAX-EXEMPT PURPOSES IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES. AS SUCH, NO PROVISION FOR INCOME TAX EXPENSE HAS BEEN MADE IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. ACUMEN HAS ADOPTED THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. MANAGEMENT ASSESSED WHETHER THERE WERE ANY UNCERTAIN TAX POSITIONS WHICH MAY GIVE RISE TO INCOME TAX LIABILITIES AND DETERMINED THAT THERE WERE NO SUCH MATTERS REQUIRING RECOGNITION IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. GENERALLY, ACUMEN IS NO LONGER SUBJECT TO U.S. FEDERAL OR STATE INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR THREE YEARS FROM THE FILING DATE OF THE RESPECTIVE RETURNS. | ExplanationTxt |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | 0 | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (17 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| SOUTH ASIA | 2 | 28 | PROGRAM SERVICES | PORTFOLIO MGMT, LEADERSHIP, IMPACT & COMMS | $1,125,764 |
| SUB-SAHARAN AFRICA | 2 | 39 | PROGRAM SERVICES | PORTFOLIO MGMT, LEADERSHIP, IMPACT & COMMS | $3,343,040 |
| EUROPE | 1 | 27 | PROGRAM SERVICES | PORTFOLIO MGMT, LEADERSHIP, IMPACT & COMMS | $3,933,038 |
| LATIN AMERICA | 1 | 27 | PROGRAM SERVICES | PORTFOLIO MGMT, LEADERSHIP, IMPACT & COMMS | $1,512,252 |
| NORTH AMERICA | 0 | 3 | PROGRAM SERVICES | LEADERSHIP PROGRAM | $357,424 |
| CENTRAL AMERICA AND THE CARIBBEAN | PROGRAM RELATED INVESTMENT | $378,095 | |||
| NORTH AMERICA | PROGRAM RELATED INVESTMENT | $3,319,942 | |||
| SUB-SAHARAN AFRICA | PROGRAM RELATED INVESTMENT | $33,085,671 | |||
| SOUTH ASIA | PROGRAM RELATED INVESTMENT | $16,571,406 | |||
| LATIN AMERICA | PROGRAM RELATED INVESTMENT | $6,357,943 | |||
| EUROPE | PROGRAM RELATED INVESTMENT | $8,423,316 | |||
| SOUTH ASIA | GRANT MAKING | TA GRANTS | $932,950 | ||
| SUB-SAHARAN AFRICA | GRANT MAKING | TA GRANTS | $2,257,071 | ||
| LATIN AMERICA | GRANT MAKING | TA GRANTS | $185,387 | ||
| EUROPE | GRANT MAKING | TA GRANTS | $77,500 | ||
| EAST ASIA AND THE PACIFIC | GRANT MAKING | TA GRANTS | $100,000 | ||
| NORTH AMERICA | GRANT MAKING | TA GRANTS | $50,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 6 | SubtotalOfficesCnt |
| Subtotal Employees | 124 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 6 | TotalOfficeCnt |
| Total Employee | 124 | TotalEmployeeCnt |
| Subtotal Spent | $47,055,226 | SubtotalSpentAmt |
| Continuation Spent | $34,955,573 | ContinuationSpentAmt |
| Total Spent | $82,010,799 | TotalSpentAmt |
Grants To Org Outside US GrantsToOrgOutsideUSGrp (46 entries)
| RegionRegionTxt | Purpose Of GrantPurposeOfGrantTxt | Cash GrantCashGrantAmt | Manner Of Cash DisbursementMannerOfCashDisbursementTxt | Non Cash AssistanceNonCashAssistanceAmt |
|---|---|---|---|---|
| SUB-SAHARAN AFRICA | TECHNICAL ASSISTANCE FOR PORTFOLIO COMPANIES | $980,000 | WIRE TRANSFER | $0 |
| SOUTH ASIA | TO PROVIDE ENERGY SERVICES TO LOW-INCOME COMMUNITIES IN WEAKGRID AND OFF-GRID RURAL AREAS ACROSS AFRICA AND ASIA. | $500,000 | WIRE TRANSFER | $0 |
| SUB-SAHARAN AFRICA | TO MANUFACTURE AND SELL AFFORDABLE, HIGH-QUALITY SOLAR LIGHTING SOLUTIONS (LANTERNS AND HOME SYSTEMS), COOKSTOVES, AND OTHER ELECTRONIC PRODUCTS TO OFF-GRID HOUSEHOLDS AND SMALL BUSINESSES IN UNDERSERVED LOW-INCOME COMMUNITIES. | $329,000 | WIRE TRANSFER | $0 |
| SUB-SAHARAN AFRICA | TO SERVE LOW-INCOME PEOPLE AND BUSINESSES IN MALAWI WITH HIGHQUALITY AND AFFORDABLE SOLAR ENERGY ACCESS. | $234,019 | WIRE TRANSFER | $0 |
| SUB-SAHARAN AFRICA | TO WORK TO REDUCE POST-HARVEST LOSSES BY LINKING SMALL-HOLDER FARMERS TO URBAN MARKETS AND COMPANIES VIA AGTECH AND EXTENSION WORKERS. | $69,969 | WIRE TRANSFER | $0 |
| SOUTH AMERICA | TO REDUCE THE DISPARITY IN THE LABOR MARKET WHERE 77% OF COMPANIES FACE A TALENT SHORTAGE WHILE YOUNG AND DIVERSE CANDIDATES STRUGGLE TO CONNECT WITH JOB OPPORTUNITIES. | $56,487 | WIRE TRANSFER | $0 |
| EUROPE | ONLINE EDUCATIONAL VIDEOS | $50,000 | WIRE TRANSFER | $0 |
| SUB-SAHARAN AFRICA | TO INCREASE THE EFFICIENCY AND PROFITABILITY OF SMALL AND MEDIUM-SCALE FARMERS BY GIVING THEM QUICK AND CONVENIENT ACCESS TO TECHNICAL ADVICE, THOUSANDS OF FARM INPUTS, AND CONVENIENT DELIVERY ACROSS MULTIPLE ACCESS POINTS. | $50,000 | WIRE TRANSFER | $0 |
| SUB-SAHARAN AFRICA | TO TACKLE POSTHARVEST LOSSES FROM FARM TO MARKET BY CONSOLIDATING SMALLHOLDER FARMERS INTO PRODUCER GROUPS WITH ACCESS TO A BUNDLE OF PRODUCTS AND SERVICES THAT CREATE A SAFETY NET FOR FARMERS AND MARKET ACCESS | $50,000 | WIRE TRANSFER | $0 |
| SUB-SAHARAN AFRICA | TO REDUCE THE POVERTY OF SMALLHOLDER FARMERS IN UGANDA BY INCREASING THEIR YIELDS AND INCOMES AND TO EXCEED CUSTOMER EXPECTATIONS IN PROCESSING BY CREATING, CONTROLLING, AND MONITORING THE QUALITY OF FINAL VALUE-ADDED PRODUCTS | $50,000 | WIRE TRANSFER | $0 |
| SUB-SAHARAN AFRICA | TO PROVIDE SUSTAINABLE CLEAN ENERGY TO UNDERSERVED COMMUNITIES IN AFRICA | $50,000 | WIRE TRANSFER | $0 |
| SUB-SAHARAN AFRICA | TO SUPPORT EMERGENCY HEALTHCARE PROVIDERS ACROSS KENYA TO SAVE LIVES BY STRENGTHENING THE EMERGENCY HEALTHCARE SYSTEM THROUGH CAPACITY BUILDING, KNOWLEDGE DEVELOPMENT, ADVOCACY, AND RESEARCH | $50,000 | WIRE TRANSFER | $0 |
| SUB-SAHARAN AFRICA | TO UPSKILL AFRICA'S YOUTH WITH LIMITED ACCESS TO EDUCATION AND JOB OPPORTUNITIES IN THE CREATIVE INDUSTRIES TO EARN A LIVABLE WAGE THROUGH CONTENT PRODUCTION, PHOTOGRAPHY, AND VIDEOGRAPHY SERVICES | $50,000 | WIRE TRANSFER | $0 |
| SOUTH ASIA | TO PREVENT CHILD MALNUTRITION BY BUILDING THE CAPACITY OF INDIA'S ANGANWADI CHILD CARE CENTERS THROUGH TRAINING AND DIGITAL TOOLS | $50,000 | WIRE TRANSFER | $0 |
| SUB-SAHARAN AFRICA | TO ERADICATE EXTREME POVERTY AMONG AFRICAN SMALLHOLDER FARMERS BY BUILDING AND DEPLOYING CLIMATE-SMART FARMING AND POST-HARVEST INFRASTRUCTURE. | $50,000 | WIRE TRANSFER | $0 |
| SOUTH ASIA | TO ENGAGE IN THE BUSINESS OF EMPOWERING EDUCATORS TO BUILD PROFICIENCY IN FOUNDATIONAL STEAM LITERACY AS A LIFE SKILL IN SCHOOL-GOING CHILDREN TO CULTIVATE THE MINDSET OF SCIENTIFIC TEMPERAMENT. | $50,000 | WIRE TRANSFER | $0 |
| SOUTH AMERICA | TO ENHANCE PEACE BUILDING IN COLOMBIA USING FASHION AS A TOOL FOR CHANGE. | $50,000 | WIRE TRANSFER | $0 |
| SUB-SAHARAN AFRICA | TO BRIDGE THE NUTRITION GAP FOR CHILDREN IN UNDERSERVED COMMUNITIES BY PROVIDING HIGHQUALITY, AFFORDABLE FOOD PRODUCTS, THROUGH INNOVATIVE SOLUTIONS THAT NOT ONLY ENHANCE CHILDREN'S HEALTH BUT ALSO EMPOWER THE WOMEN WHO PLAY A PIVOTAL ROLE IN THEIR CARE | $50,000 | WIRE TRANSFER | $0 |
| SOUTH ASIA | TO ENGAGE IN THE BUSINESS OF ENDING POVERTY SUSTAINABLY AND INCLUSIVELY IN INDIA'S 100 POOREST DISTRICTS BY BUILDING AN ECOSYSTEM FOR ORGANIZATIONS, GOVERNMENTS, AND COMMUNITIES TO WORK COLLABORATIVELY TOWARDS SHARED GOALS. | $50,000 | WIRE TRANSFER | $0 |
| SOUTH ASIA | TO UPLIFT 10 MILLION HOUSEHOLDS IN INDIA FROM POVERTY TO SUSTAINABILITY, IN THE NEXT FIVE YEARS, THROUGH INTERVENTIONS IN FIVE PUBLIC POLICIES IN EDUCATION, LIVELIHOODS, AND HEALTH. | $50,000 | WIRE TRANSFER | $0 |
| SOUTH ASIA | TO EMPOWER UNDERPRIVILEGED WOMEN IN BANGLADESH BY PROVIDING THEM WITH SKILL-BASED TRAINING IN THE BEAUTY INDUSTRY, FINANCIAL INCLUSION, AND TECHNOLOGICAL SUPPORT TO FOSTER ENTREPRENEURSHIP AND GENDER EQUALITY. | $50,000 | WIRE TRANSFER | $0 |
| EAST ASIA AND THE PACIFIC | TO MAKE AFFORDABLE, NUTRITIOUS, AND DELICIOUS FOOD ACCESSIBLE TO ALL INCLUDING UNDERSERVED COMMUNITIES WHILE BREAKING THE CYCLE OF FOOD WASTE | $50,000 | WIRE TRANSFER | $0 |
| SUB-SAHARAN AFRICA | TO PROVIDE INDIVIDUALS IN INDIGENOUS COMMUNITIES WITH HEALTH EDUCATION, SCREENING, AND CONSULTATIONS THAT PROMOTE EARLY DIAGNOSIS, TREATMENT OF DISEASES, AND LINKAGES TO AFFORDABLE HEALTH COVERAGE SCHEMES | $50,000 | WIRE TRANSFER | $0 |
| SOUTH AMERICA | TO PROMOTE DIGNIFIED EMPLOYMENT AND REGENERATIVE FARMING IN RURAL REGIONS WITH A HISTORY OF VIOLENCE AND MARGINALIZATION THROUGH THE DISTRIBUTION OF HEALTHY FOOD PRODUCTS GROWN THROUGH AGROFORESTRY MANAGEMENT. | $50,000 | WIRE TRANSFER | $0 |
| EAST ASIA AND THE PACIFIC | TO REDUCE GENDER INEQUALITIES BY DELIVERING A LEGALLY SANCTIONED, AGE-APPROPRIATE, COMPREHENSIVE SEXUALITY EDUCATION (CSE) PROGRAM TO EMPOWER 16 MILLION CHILDREN IN VIETNAM. | $50,000 | WIRE TRANSFER | $0 |
| SUB-SAHARAN AFRICA | TO ACCELERATE THE TRANSITION TO A SUSTAINABLE, CLEAN ENERGY FUTURE BY PROVIDING AFFORDABLE AND ACCESSIBLE CLEAN ENERGY PRODUCTS TO UNDERSERVED COMMUNITIES. | $40,404 | WIRE TRANSFER | $0 |
| SOUTH AMERICA | TO PURSUE THE BUSINESS OF SELLING AND DELIVERING ORGANIC PRODUCE SOURCED FROM SMALLHOLDER FARMERS AND SUPPORT SUSTAINABLE AGRICULTURE THROUGH INNOVATIVE TECHNOLOGICAL SOLUTIONS. | $40,000 | WIRE TRANSFER | $0 |
| SUB-SAHARAN AFRICA | TO BUILD AND OPERATE A SHEA NUT PROCESSING FACILITY FOR THE PROCESSING OF SHEA NUTS INTO EXPORT GRADE SHEA BUTTER. | $30,000 | WIRE TRANSFER | $0 |
| SOUTH ASIA | TO FACILITATE ACCESS TOCLEAN ENERGY DRIVEN TECHNOLOGY FOR PRODUCTIVE USE TO PEOPLE LIVING IN POVERTY IN INDIA, IN ORDER TO ENHANCE THEIR LIVELIHOODS AND CLIMATE RESILIENCE. | $25,365 | WIRE TRANSFER | $0 |
| SUB-SAHARAN AFRICA | TO CREATE INCOME FOR FARMERS AND REDUCE FOOD LOSS THROUGH THE PURCHASE AND PROCESSING OF FRUIT AND VEGETABLE PRODUCTS FOR SALE IN RETAIL MARKETS. | $25,000 | WIRE TRANSFER | $0 |
| SOUTH AMERICA | TO CONTRIBUTE TO THE SOCIOENVIRONMENTAL AND SOCIO-ECONOMIC PROGRESS OF SAN MARTIN REGION BY ENCOURAGING, PROMOTING, MANAGING, DEVELOPING, AND PROVIDING TOURISM SERVICES IN THE SUB-REGION | $25,000 | WIRE TRANSFER | $0 |
| SOUTH ASIA | TO CULTIVATE SUSTAINABLE LIVELIHOOD OPPORTUNITIES THROUGH ETHICAL BEEKEEPING USING NON-INTRUSIVE WILD HONEY HARVESTING. | $25,000 | WIRE TRANSFER | $0 |
| SOUTH ASIA | TO ENGAGE IN THE BUSINESS OF A WOMEN-DRIVEN FLEET OF ELECTRIC TWO AND THREE-WHEELERS OFFERING SAFE AND ZERO-EMISSION-RIDES FOR URBAN INDIA BY OPTIMIZING THE LAST-MILE LOGISTICS AND COMMUTE SERVICES LEADING TO DIGNIFIED LIVELIHOODS. | $25,000 | WIRE TRANSFER | $0 |
| SUB-SAHARAN AFRICA | TO SOURCE COCONUTS FROM ORGANIC CERTIFIED SMALLHOLDER FARMERS AND PRODUCE HIGH QUALITY, HEALTHY PRODUCERS TO SUPPLY MARKETS IN AFRICA, THE USA, EUROPE AND THE MIDDLE EAST. | $25,000 | WIRE TRANSFER | $0 |
| EUROPE | TO UPLIFT FAMILIES THROUGH EDUCATIONAL EQUITY BY DRIVING INCLUSIVE PARENTAL ENGAGEMENT THROUGH PARTNERSHIPS WITH SCHOOLS | $25,000 | WIRE TRANSFER | $0 |
| SOUTH ASIA | TO ENGAGE IN THE BUSINESS OF PROVIDING TAILORED DIGITAL EDUCATION AND TEACHER TRAINING TO TRIBAL AND INDIGENOUS COMMUNITIES AIMED AT POSITIVELY TRANSFORMING THE LIVES OF MILLIONS OF TRIBAL STUDENTS AND BREAKING THE CYCLE OF POVERTY | $25,000 | WIRE TRANSFER | $0 |
| SUB-SAHARAN AFRICA | TO SUSTAINABLY PRODUCE AND SUPPLY NATURAL HONEY FROM KENYA'S PRISTINE DRYLANDS USING MODERN BEEHIVES WHICH FOSTERS BIODIVERSITY CONSERVATION AND DECENT GREEN EMPLOYMENT IN RURAL AREA | $25,000 | WIRE TRANSFER | $0 |
| SOUTH ASIA | TO ENGAGE IN THE BUSINESS OF PROVIDING AFFORDABLE ACCESSIBLE STORAGE NAMED SABJIKOTHI TO SMALL MARGINAL FARMERS AND STREET HAWKERS THAT EXTENDS THE SHELF-LIFE OF FRUITS AND VEGETABLES | $25,000 | WIRE TRANSFER | $0 |
| SUB-SAHARAN AFRICA | TO KICKSTART THE BETTERFOODBETTERLIFE PROJECT THAT WOULD ENABLE THE GRANT RECIPIENT TO OFFTAKE MORE PRODUCE FROM THE SMALLHOLDER FARMERS AND PROCESS AND PACKAGE THESE IN SACHETS AND POUCHES TO CATER TO THOSE AT THE BOTTOM OF THE PYRAMID | $25,000 | WIRE TRANSFER | $0 |
| SOUTH ASIA | TO ENGAGE IN THE BUSINESS OF DESIGNING SIMPLE, WOMEN-FRIENDLY AND ENERGY EFFICIENT AGRICULTURAL TOOLS CUSTOMIZED TO SUIT INDIAN FELD CONDITIONS FOR WEEDING, SECONDARY TILLAGE ACTIVITIES, PRE AND POST HARVEST ACTIVITIES. | $25,000 | WIRE TRANSFER | $0 |
| SOUTH ASIA | TO ENGAGE IN THE BUSINESS OF MAKING ELECTRIC REFRIGERATION SYSTEMS FOR COLD CHAIN LOGISTICS VEHICLES AND IN PROVIDING COLD CHAIN SERVICES. | $25,000 | WIRE TRANSFER | $0 |
| SUB-SAHARAN AFRICA | TO REDUCE POVERTY BY PROVIDING OFF-GRID SOLAR SYSTEMS AND ENERGY-EFFICIENT PRODUCTIVE USE OF ENERGY (PUE) EQUIPMENT TO MARKET BASED MICRO-BUSINESSES IN NIGERIA THROUGH AFFORDABLE LEASE-TO-OWN PAYMENT PLANS AND OUTRIGHT PAYMENTS. | $13,680 | WIRE TRANSFER | $0 |
| SUB-SAHARAN AFRICA | TO IMPROVE ACCESS TO AFFORDABLE QUALITY EDUCATION BY PROVIDING FINANCIAL AND NON-FINANCIAL SOLUTIONS TO AFFORDABLE PRIVATE SCHOOLS IN KENYA AND AFRICA | $10,000 | WIRE TRANSFER | $0 |
| SOUTH AMERICA | TO OFFER TRAVELERS' ACCESS TO NATURE DESTINATIONS THROUGH A TECHNOLOGICAL PLATFORM THAT CONNECTS LOCAL HOSTS WITH NATURE TRAVELERS. | $8,000 | WIRE TRANSFER | $0 |
| SOUTH ASIA | GAC INCLUSION GRANT FOR KOOLBOKS | $7,585 | WIRE TRANSFER | $0 |
| SOUTH AMERICA | TO PROVIDE A SOFTWARE AS A SERVICE ("SAAS") PLATFORM WHICH OPERATES AS A DIGITAL BRIDGE BETWEEN AGRICULTURAL PRODUCERS AND FINANCIAL INSTITUTIONS TO HELP SMALLHOLDER FARMERS ACCESS FINANCING | $5,900 | WIRE TRANSFER | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 7 | Total501c3OrgCnt |
| Total Other Org | 39 | 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 (2 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 COLOMBIA, PAKISTAN, INDIA, KENYA, AND NIGERIA HAVE INDEPENDENT AUDITS. IN ADDITION TO THE AUDIT, OUR CENTRAL OFFICE FINANCE DEPARTMENT IN NEW YORK HAS OVERSIGHT OF THE COUNTRY OFFICES' SPENDING. INVESTMENTS IN THIRD PARTIES ARE PRIMARILY DEBT OR EQUITY INVESTMENTS. OUTRIGHT GRANTS FOR USE BY A THIRD PARTY IS A PART OF PROGRAMMATIC SPEND, BUT GENERALLY NOT AS LARGE A COMPONENT COMPARED TO INVESTMENTS MADE. FOR ANY PROGRAM-RELATED INVESTMENTS, THE ORGANIZATION REQUIRES REGULAR SOCIAL IMPACT, FINANCIAL AND OPERATIONAL REPORTING, TYPICALLY MAINTAINS A VOTING OR OBSERVER SEAT ON THE INVESTEE COMPANY BOARD 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 RECORDS AND REPUTATIONS 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 PERIODIC REPORTS SUBMITTED BY THE GRANTEE 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 OPERATES PRIMARILY AS 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 DOMESTICALLY OR IN DEVELOPING COUNTRIES. 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 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 G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Email Solicitations | Yes (X) | EmailSolicitationsInd |
| In Person Solicitations | Yes (X) | InPersonSolicitationsInd |
| Agrmt Prof Fundraising Acty | Yes (1) | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | ActivityActivityTxt | Fundraiser Control Of FundsFundraiserControlOfFundsInd | Gross ReceiptsGrossReceiptsAmt | Retained By ContractorRetainedByContractorAmt | Net To OrganizationNetToOrganizationAmt | Address Line1ForeignAddress/AddressLine1Txt | CityForeignAddress/CityNm | CountryForeignAddress/CountryCd | Foreign PostalForeignAddress/ForeignPostalCd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SHANNON LOVGREN | ||||||||||||
| 1204 NORMAN AVENUE | LAS VEGAS | NV | 89104 | BUILDING A NEW COMMUNITY OF DONORS | 0 | $0 | $38,743 | -$38,743 | ||||
| LAURI ROBBINS ERICSON | ||||||||||||
| BUILDING A NEW COMMUNITY OF DONORS | 0 | $0 | $33,457 | -$33,457 | TRANBRSVGEN 12 | TYRESO | SW | 13542 | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Retained By Contractors | $72,200 | TotalRetainedByContractorsAmt |
| Total Net To Organization | -$72,200 | TotalNetToOrganizationAmt |
| Licensed States | CA | LicensedStatesCd |
| Licensed States | DC | LicensedStatesCd |
| Licensed States | FL | LicensedStatesCd |
| Licensed States | IL | LicensedStatesCd |
| Licensed States | MD | LicensedStatesCd |
| Licensed States | MA | LicensedStatesCd |
| Licensed States | MN | LicensedStatesCd |
| Licensed States | NJ | LicensedStatesCd |
| Licensed States | NV | LicensedStatesCd |
| Licensed States | NY | LicensedStatesCd |
| Licensed States | OR | LicensedStatesCd |
| Licensed States | PA | LicensedStatesCd |
| Licensed States | TX | LicensedStatesCd |
| Licensed States | WA | LicensedStatesCd |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (9 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Purpose Of GrantPurposeOfGrantTxt | IRC SectionIRCSectionDesc |
|---|---|---|---|---|---|---|---|---|
| ACUMEN CAPITAL PARTNERS LLC | ||||||||
| 40 WORTH STREET SUITE 303 | NEW YORK | NY | 10013 | 320450985 | $412,278 | $0 | TECHNICAL ASSISTANCE FOR PORTFOLIO COMPANIES | |
| REFUGEE INVESTMENT NETWORK INC | ||||||||
| 1401 K STREET NW SUITE 900 | WASHINGTON | DC | 20005 | 844496089 | $333,163 | $0 | CONDUCT RESEARCH, EDUCATE AND ADVISE ON HOW TO BUILD AND IMPLEMENT DURABLE REFUGEE-LENS INVESTING (RLI) STRATEGIES WORLDWIDE | 501(C)(3) |
| KAIZEN HEALTH INC | ||||||||
| 33 N LASALLE STREET SUITE 1200 | CHICAGO | IL | 60602 | 814644959 | $25,000 | $0 | TECHNICAL ASSISTANCE FOR PORTFOLIO COMPANIES | |
| STATEN ISLAND PERFORMING PROVIDER SYSTEM LLC | ||||||||
| ONE EDGEWATER PLAZA SUITE 700 | STATEN ISLAND | NY | 10305 | 472544659 | $25,000 | $0 | TECHNICAL ASSISTANCE FOR PORTFOLIO COMPANIES | 501(C)(3) |
| CITY OF SAMARITANS PBC | ||||||||
| 1207 DELAWARE AVE 860 | WILMINGTON | DE | 19806 | 475378332 | $25,000 | $0 | TECHNICAL ASSISTANCE FOR PORTFOLIO COMPANIES | |
| FREE FROM MARKET | ||||||||
| 420 NICHOLS RD | KANSAS CITY | MO | 64112 | 862943988 | $10,000 | $0 | TECHNICAL ASSISTANCE FOR PORTFOLIO COMPANIES | |
| FARMBOX DIRECT INC | ||||||||
| 400 STUART ST PH2 | BOSTON | MA | 02116 | 464673014 | $10,000 | $0 | TECHNICAL ASSISTANCE FOR PORTFOLIO COMPANIES | |
| RASA PUBLIC BENEFIT CORPORATION | ||||||||
| 180E 2100S SUITE 206 | SOUTH SALT LAKE | UT | 84115 | 872992893 | $10,000 | $0 | TECHNICAL ASSISTANCE FOR PORTFOLIO COMPANIES | |
| ZERAKI INC | ||||||||
| 896 S STATE ST UNIT 466 | DOVER | DE | 19901 | 880831056 | $10,000 | $0 | TA GRANT - TO ENABLE THE GRANT RECIPIENT TO IMPROVE PERSONALIZED LEARNING FOR STUDENTS USING ZERAKI LEARNING BY OPTIMIZING AI - VIA EA EDUCATION FACILITY | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 2 | Total501c3OrgCnt |
| Total Other Org | 7 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | 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 (14 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 | $352,968 | $0 | $40,250 | $0 | $0 | $0 | $10,350 | $0 | $28,945 | $0 | $432,513 | $0 | $0 | $0 |
| CARLYLE SINGER JONES | ||||||||||||||
| PRESIDENT | $316,697 | $0 | $35,620 | $0 | $0 | $0 | $10,350 | $0 | $11,511 | $0 | $374,178 | $0 | $0 | $0 |
| LYNN ROLAND | ||||||||||||||
| BOARD SECRETARY/GENERAL COUNSEL | $252,782 | $0 | $31,265 | $0 | $0 | $0 | $8,888 | $0 | $43,733 | $0 | $336,668 | $0 | $0 | $0 |
| YASMINA ZAIDMAN | ||||||||||||||
| CHIEF OF DEVELOPMENT & PARTNERSHIPS | $253,614 | $0 | $28,867 | $0 | $0 | $0 | $8,816 | $0 | $42,873 | $0 | $334,170 | $0 | $0 | $0 |
| AMRITA BHANDARI | ||||||||||||||
| CHIEF OF INSIGHTS & STRATEGY | $265,000 | $0 | $28,177 | $0 | $0 | $0 | $8,795 | $0 | $470 | $0 | $302,442 | $0 | $0 | $0 |
| CATHERINE C NANDA | ||||||||||||||
| DIRECTOR, ACUMEN AMERICA | $238,047 | $0 | $13,500 | $0 | $0 | $0 | $7,905 | $0 | $28,045 | $0 | $287,497 | $0 | $0 | $0 |
| KATHERINE PARKER | ||||||||||||||
| CHIEF OF ACADEMY | $240,539 | $0 | $29,150 | $0 | $0 | $0 | $8,270 | $0 | $470 | $0 | $278,429 | $0 | $0 | $0 |
| JIWOO CHOI | ||||||||||||||
| CHIEF OF STRATEGIC INITIATIVES | $247,230 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $21,413 | $0 | $268,643 | $0 | $0 | $0 |
| AMON ANDERSON | ||||||||||||||
| DIRECTOR, ACUMEN AMERICA | $207,801 | $0 | $12,000 | $0 | $0 | $0 | $7,110 | $0 | $28,045 | $0 | $254,956 | $0 | $0 | $0 |
| JULES SAMAIN | ||||||||||||||
| MANAGING DIRECTOR, H2R | $231,150 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $8,877 | $0 | $240,027 | $0 | $0 | $0 |
| JACQUELINE WOO | ||||||||||||||
| CFO (THRU 8/9/24) | $167,857 | $0 | $26,289 | $0 | $0 | $0 | $6,038 | $0 | $27,820 | $0 | $228,004 | $0 | $0 | $0 |
| ALEXANDRA GORDON | ||||||||||||||
| CHIEF OF COMMUNICATIONS | $207,385 | $0 | $0 | $0 | $0 | $0 | $4,200 | $0 | $403 | $0 | $211,988 | $0 | $0 | $0 |
| SARAH BIEBER | ||||||||||||||
| DIRECTOR, DEVELOPMENT & PARTNERSHIPS | $173,350 | $0 | $23,983 | $0 | $0 | $0 | $5,920 | $0 | $470 | $0 | $203,723 | $0 | $0 | $0 |
| SANDRA HALILOVIC | ||||||||||||||
| DIRECTOR OF INVESTMENTS, H2R | $201,000 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $470 | $0 | $201,470 | $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 | 6 | ContributionCnt |
| Noncash Contributions Rpt F990 | $113,780 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | 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 GIFTS 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 III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: | ACUMEN FUND IS SOLVING PROBLEMS OF POVERTY BY INVESTING IN COMPANIES, LEADERS AND IDEAS. WE INVEST PATIENT CAPITAL IN BUSINESSES THAT DELIVER CRITICAL, AFFORDABLE GOODS AND SERVICES TO PEOPLE LIVING IN POVERTY, IMPROVING THE LIVES OF MILLIONS IN SOUTH ASIA, EAST AND WEST AFRICA, LATIN AMERICA AND THE UNITED STATES. SINCE 2001, ACUMEN FUND HAS INVESTED $185 MILLION IN 201 SOCIAL ENTERPRISES WORKING IN RESILIENT AGRICULTURE, EDUCATION, ENERGY ACCESS FINANCIAL INCLUSION, HEALTH, HOUSING, WATER AND SANITATION, AND WORKFORCE DEVELOPMENT. THROUGH ACUMEN ACADEMY, WE PREPARE LEADERS WITH THE TOOLS, CAPITAL AND COMMUNITY THEY NEED TO BUILD SCALABLE SOLUTIONS TO POVERTY. OUR RECENTLY LAUNCHED-LEARNING ENGAGEMENT PLATFORM OFFERS A FULL-SERVICE SPACE FOR ENTREPRENEURS AND FELLOWS TO ENGAGE WITH EACH OTHER. ACUMEN ACADEMY'S HAS GROWN TO MORE THAN 1800 FELLOWS, HAS AWARDED 99 EARLY-STAGE GRANTS TO FOUNDRY MEMBERS AND FACILITATED OVER 1.3 MILLION ONLINE COURSE SIGN-UPS. THROUGH ACADEMY ORGANIZATIONS AND COMPANIES, WE HAVE REACHED 71 MILLION LIVES IMPACTED. |
| FORM 990, PART V, LINE 2A: | THE NUMBER OF EMPLOYEES REPORTED ON 2024 FORM W-3 IS 86. |
| FORM 990, PART VI, SECTION A, LINE 3 | THE ORGANIZATION UTILIZES 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 12/31/24 IS $73,157. |
| 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 SENIOR MANAGEMENT AND INTERNAL LEGAL STAFF MEMBERS REVIEW THE INFORMATION AND A DRAFT FORM 990 IS CIRCULATED ELECTRONICALLY BY E-MAIL TO THE 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 AFFILIATES' 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, IF OVER A CERTAIN THRESHOLD, REFERRED TO THE AUDIT & FINANCE COMMITTEE TO DETERMINE APPROPRIATE ACTION TO BE TAKEN TO ADDRESS THE CONFLICT OF INTEREST WITH RESPECT TO THE TRANSACTION OR ARRANGEMENT. THE INDIVIDUAL WITH THE POTENTIAL CONFLICT OF INTEREST IS REQUIRED TO DISCLOSE THE CONFLICT AND MAY BE REQUIRED TO 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. ACUMEN TALENT FOCUSES THE REVIEW ON 2-3 OFFICES AND ROTATES THE REVIEW EVERY YEAR. ACUMEN TALENT BENCHMARKS AGAINST THESE COMPARATIVE FIGURES WHEN SETTING COMPENSATION FOR ITS CHIEF EXECUTIVE OFFICER AND PRESIDENT. THE ORGANIZATION WILL ALSO CONSIDER JOB PERFORMANCE 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 AND BONUSES. THE COMPENSATION COMMITTEE IS COMPOSED 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 THE CEO'S 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. THE ORGANIZATION MAKES IT GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FORM 990 AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). IN ADDITION, THE FORM 990 WITHOUT SCHEDULE B IS AVAILABLE VIA A LINK ON OUR WEBSITE TO THE PROFILE ON GUIDESTAR. |
| FORM 990, PART IX, LINE 11G | CONFERENCE AND MEMBERSHIP FEES: PROGRAM SERVICE EXPENSES 223,408. MANAGEMENT AND GENERAL EXPENSES 8,183. FUNDRAISING EXPENSES 35,521. TOTAL EXPENSES 267,112. CONSULTANT: PROGRAM SERVICE EXPENSES 3,225,776. MANAGEMENT AND GENERAL EXPENSES 263,062. FUNDRAISING EXPENSES 82,475. TOTAL EXPENSES 3,571,313. TRAINING: PROGRAM SERVICE EXPENSES 10,438. MANAGEMENT AND GENERAL EXPENSES 10,915. FUNDRAISING EXPENSES 4,121. TOTAL EXPENSES 25,474. RECRUITING: PROGRAM SERVICE EXPENSES 206,730. MANAGEMENT AND GENERAL EXPENSES 121,638. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 328,368. CONTRACTORS: PROGRAM SERVICE EXPENSES 296,789. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 296,789. |
| FORM 990, PART XI, LINE 9: | CHANGE IN VALUE OF CHARITABLE REMAINDER TRUST 54,221. FOREIGN CURRENCY TRANSLATION GAIN -2,175,584. CHANGE IN VALUE OF DEBT AND EQUITY SECURITIES -2,175,353. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (8 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Legal Domicile Foreign CountryLegalDomicileForeignCountryCd | Address Line1ForeignAddress/AddressLine1Txt | CityForeignAddress/CityNm | CountryForeignAddress/CountryCd | Foreign PostalForeignAddress/ForeignPostalCd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ACUMEN CAPITAL MARKETS INVESTMENTS LLC | ||||||||||||||
| 40 WORTH STREET SUITE 303 | NEW YORK | NY | 10013 | 364796906 | CARRY VEHICLE | DE | $0 | $0 | ACUMEN CAPITAL PARTNERS LLC | |||||
| ACUMEN RESILIENT AGRICULTURE CAPITAL INVESTMENTS LLC | ||||||||||||||
| 40 WORTH STREET SUITE 303 | NEW YORK | NY | 10013 | 831263292 | CARRY VEHICLE | DE | $0 | $0 | ACUMEN CAPITAL PARTNERS LLC | |||||
| ACUMEN CAPITAL PARTNERS (ARAF) LTD | ||||||||||||||
| 40 WORTH STREET SUITE 303 | NEW YORK | NY | 10013 | 981546121 | INVESTMENT ADVISOR | $920,928 | $317,335 | ACUMEN CAPITAL PARTNERS LLC | KE | |||||
| ACUMEN CAPITAL PARTNERS (EA) LIMITED | ||||||||||||||
| 40 WORTH STREET SUITE 303 | NEW YORK | NY | 10013 | 981551441 | INVESTMENT ADVISOR | $735,005 | $282,583 | ACUMEN CAPITAL PARTNERS LLC | KE | |||||
| ACUMEN AMERICA LLC | ||||||||||||||
| 40 WORTH STREET SUITE 303 | NEW YORK | NY | 10013 | 921001569 | INVESTING IN SOCIAL ENTERPRISES | DE | $7,777,716 | $29,752,815 | ACUMEN FUND INC | |||||
| KAWISAFI II CAPITAL INVESTMENTS LLC | ||||||||||||||
| 40 WORTH STREET SUITE 303 | NEW YORK | NY | 10013 | 934395532 | CARRY VEHICLE | DE | $0 | $0 | ACUMEN CAPITAL PARTNERS LLC | |||||
| KAWISAFI II CIP LP | ||||||||||||||
| 40 WORTH STREET SUITE 303 | NEW YORK | NY | 10013 | 393265484 | CARRY VEHICLE | DE | $0 | $0 | ACUMEN CAPITAL PARTNERS LLC | |||||
| ACUMEN VENTURES DEBT PARTNERS LTD | ||||||||||||||
| INVESTMENT ADVISOR | $0 | $0 | ACUMEN CAPITAL PARTNERS LLC | UK | OFFICE T111 NEW KING SOMERSET HOUS | LONDON | UK | WC2R 1LA | ||||||
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (5 entries)
| Address Line1ForeignAddress/AddressLine1Txt | CityForeignAddress/CityNm | CountryForeignAddress/CountryCd | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile Foreign CountryLegalDomicileForeignCountryCd | Exempt Code SectionExemptCodeSectionTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Controlled OrganizationControlledOrganizationInd | Foreign PostalForeignAddress/ForeignPostalCd |
|---|---|---|---|---|---|---|---|---|
| ACUMEN (PAKISTAN) | ||||||||
| 11 - C 4TH FL 1ST COMMERCIAL LAN | KARACHI | PK | INVESTING IN SOCIAL ENTERPRISES | PK | 501(C)(3) | ACUMEN FUND INC | Yes (1) | |
| ACUMEN FUND CANADA | ||||||||
| 700 WEST GEORGIA STREET 25TH FLOOR | VANCOUVER | CA | ALLEVIATE POVERTY | CA | 501(C)(3) | ACUMEN FUND INC | Yes (1) | V7Y 1B3 |
| AF TRUST | ||||||||
| 201 DHEERAJI PLAZA HILL ROAD BAN | MUMBAI | IN | LEADERSHIP | IN | 501(C)(3) | ACUMEN FUND INC | Yes (1) | 400050 |
| ACUMEN FUND WEST AFRICA LTDGTE | ||||||||
| PLOT 18 SIKIRU ALADE OLOKO CRESCENT | LAGOS | NI | INVESTMENT ADVISOR & LEADERSHIP | NI | 501(C)(3) | ACUMEN FUND INC | Yes (1) | |
| MW NORTH INC | ||||||||
| 95 THURSFIELD CRESCENT EAST YORK | CA | LEADERSHIP | CA | 501(C)(3) | ACUMEN FUND INC | Yes (1) | ||
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (4 entries)
| Address Line1ForeignAddress/AddressLine1Txt | CityForeignAddress/CityNm | CountryForeignAddress/CountryCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile Foreign CountryLegalDomicileForeignCountryCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Predominant Income TypePredominantIncomeTypeTxt | Share Of Total IncomeShareOfTotalIncomeAmt | Share Of EOY AssetsShareOfEOYAssetsAmt | Disproportionate AllocationsDisproportionateAllocationsInd | General Or Managing PartnerGeneralOrManagingPartnerInd | OwnershipOwnershipPct | Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Foreign PostalForeignAddress/ForeignPostalCd | Legal Domicile StateLegalDomicileStateCd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| KAWISAFI VENTURES LTD | ||||||||||||||||||
| C/O OCORIAN CORPORATE SERVICES MAUR | CYBER CITY | MP | 320466550 | INVESTING IN SOCIAL ENTERPRISES | MP | ACUMEN CAPITAL PARTNERS LLC | RELATED | $116,789 | $14,649,447 | 0 | Yes (1) | 0.28540 | ||||||
| ACUMEN RESILIENT AGRICULTURE FUND LP | ||||||||||||||||||
| 981496984 | INVESTING IN SOCIAL ENTERPRISES | CA | ACUMEN CAPITAL PARTNERS LLC | RELATED | -$26,599 | $1,404,258 | 0 | Yes (1) | 0.03450 | 40 WORTH STREET SUITE 303 | NEW YORK | NY | 10013 | |||||
| KAWISAFI II LP | ||||||||||||||||||
| 100 KING ST W FIRST CANADIAN PLACE | TORONTO | CA | INVESTING IN SOCIAL ENTERPRISES | CA | ACUMEN CAPITAL PARTNERS LLC | RELATED | 0 | Yes (1) | M5X1B8 | |||||||||
| AZAHAR COFFEE COMPANY LLC | ||||||||||||||||||
| 453537132 | INVESTING IN SOCIAL ENTERPRISES | ACUMEN FUND INC | RELATED | $1,110,799 | 0 | 0 | 0.69960 | C/O 389 EAST 89TH STREET APT 24B | NEW YORK | NY | 10128 | NY | ||||||
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (6 entries)
| Address Line1ForeignAddress/AddressLine1Txt | CityForeignAddress/CityNm | 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 LLP | |||||||||||||||||
| S NO 2/1/5 ARCHWAY FL 301 SOPAN BA | PUNE | IN | 411045 | INVESTING ADVISORY SERVICES | IN | ACUMEN FUND INC | C | $1,123,604 | $407,226 | 1.00000 | Yes (1) | ||||||
| ACUMEN CAPITAL PARTNERS LLC | |||||||||||||||||
| FUND MANAGER | ACUMEN FUND INC | C | $3,614,892 | $3,230,909 | 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 | $20,685 | $841,350 | 1.00000 | Yes (1) | 40 WORTH STREET STE 303 | NEW YORK | NY | 10013 | 820758236 | DE | |||||
| ACUMEN EA ADVISORY SERVICES LTDGTE | |||||||||||||||||
| 3RD FLOOR ABC TOWERS WAIYAKI WAY | NAIROBI | KE | ADVISORY SERVICES | KE | ACUMEN FUND INC | C | $2,251,606 | $1,051,853 | 1.00000 | Yes (1) | |||||||
| ACUMEN FUND ADVISORY SERVICES INDIA PVT LTD | |||||||||||||||||
| 203 DHEERAJ PLAZA HILL ROAD BANDRA | MUMBAI | IN | 400050 | ADVISORY SERVICES | IN | ACUMEN FUND INC | C | $24,533 | $708,325 | 1.00000 | Yes (1) | ||||||
| ACUMEN EAST AFRICA INSTITUTE LIMITED | |||||||||||||||||
| 3RD FLOOR ABC TOWERS WAIYAKI WAY | KE | NO ACTIVITY | KE | ACUMEN FUND INC | C | 1.00000 | Yes (1) | ||||||||||
| 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 | Yes (1) | 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 | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | Yes (1) | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (8 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| ACUMEN FUND WEST AFRICA LTDGTE | ||
| B | $980,000 | COST |
| ACUMEN ADVISORY LLP | ||
| M | $1,125,764 | FAIR MARKET VALUE |
| ACUMEN EA ADVISORY SERVICES LTD | ||
| M | $2,363,040 | FAIR MARKET VALUE |
| ACUMEN CAPITAL PARTNERS LLC | ||
| Q | $267,973 | COST |
| KAWISAFI VENTURES LIMITED | ||
| B | $763,323 | COST |
| ACUMEN RESILIENT AGRICULTURE FUND LP | ||
| B | $223,000 | COST |
| ACUMEN CAPITAL PARTNERS LLC | ||
| B | $412,278 | COST |
| ACUMEN PAKISTAN | ||
| D | $306,555 | COST |