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Organizations International, Foreign Affairs & National Security Acumen Fund Inc.

Acumen Fund Inc.

Fiscal year ending 2020. Filed on November 15, 2021.

40 Worth Street No 303
New York, New York 10013

Acumen Fund Inc. (EIN: 13-4166228) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2020 IRS Form 990 filing, Acumen Fund Inc., a 501(c)(3) charitable organization, reported compensation for 16 out of 88 total employees. Among the employees shown here, the average compensation is $237,681. The highest compensated employee at Acumen Fund Inc. is Jacqueline Novogratz with fiscal year 2020 compensation of $385,302.

Revenue, expenses, and employee compensation

Revenue

$28,858,136

Expenses

$28,389,297

Employee compensation

$9,893,930
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Jacqueline Novogratz
Chief Executive Officer and Director
$385,302
$355,766 No related comp$29,536
Carlyle Singer Jones
President
$322,152
$303,345 No related comp$18,807
William Charnock
Chief Marketing Officer
$296,727
$269,710 No related comp$27,017
Jacqueline Woo
Chief Financial Officer
$265,861
$229,287 No related comp$36,574
Otho Edgar Kerr
Chief Investment Officer
$263,994
$245,935 No related comp$18,059
Lynn Roland
Board Secretary / General Counsel
$259,650
$224,053 No related comp$35,597
Yasmina Zaidman Chief
Strategic Partnerships Officer
$239,324
$231,975 No related comp$7,349
Amrita Bhandari
Chief of Business Development
$233,056
$225,889 No related comp$7,167
Catherine C Nanda
Director, Acumen America
$229,797
$196,044 No related comp$33,753
Joanna McQuade
Director, Talent
$222,671
$206,762 No related comp$15,909
Amon Anderson
Director, Acumen America
$209,428
$193,783 No related comp$15,645
Eleanor Murphy Head of
Business Development, EAST Coast
$185,927
$164,524 No related comp$21,403

Benchmark Employee Compensation

Non-Employee Board Members

Andrea Soros Colombel
Director
C Hunter Boll
Director
Cristina Ljungberg
Director
Julius Gaudio
Director
Karen Paterson
Director
Kathleen Chew Wai Lin
Director
Kirsten Nevill-Manning
Director
Margo Alexander
Director
Mark Tercek
Director (From 5/1/20)
Nathan Laurell
Director
Pat Mitchell
Director (Until 5/1/20)
Shaiza Rizavi
Board Chair

Contractors

Lafayette America LLC
Web Platform Design
$211,500
60 Decibels Inc.
Database Management
$201,241
Wall Street It Management
IT Management
$171,668
Adp Totalsource Group Inc.
Peo
$168,754
The Busara Center for Behavioral Economi
Behavioral Science Consulting
$146,532

Mission Statement

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.

Revisions to this organization profile

November 13, 2025:
2024 Acumen Fund Inc. 990 filed
November 15, 2024:
2023 Acumen Fund Inc. 990 filed
November 15, 2023:
2022 Acumen Fund Inc. 990 filed

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