ACUMEN FUND INC: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization: ACUMEN FUND INC (EIN 13-4166228)
Tax period: 2021-01-01 to 2021-12-31
Filed: 2022-11-15
IRS object ID: 202223199349318632
Schema version: 2021v4.2
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 I
Schedule J
Schedule M
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2022-11-15T14:39:06-06:00	ReturnTs
Tax Period End	2021-12-31	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	2021-01-01	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	JACQUELINE WOO	PersonNm
Person Title	CHIEF FINANCIAL OFFICER	PersonTitleTxt
Phone	2125668821	PhoneNum
Signature	2022-11-15	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	JACQUELINE	PersonFirstNm
Person Last	WOO	PersonLastNm

Field	Value	IRS element (for citing)
SSN	XXX-XX-XXXX	SSN

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	LYNNE JOHNSON	PreparerPersonNm
PTIN	P00757336	PTIN
Phone	6179129000	PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	3	TrustedCustomerCd
Authentication Assurance Level	AAL1	AuthenticationAssuranceLevelCd
Identity Assurance Level	IAL1	IdentityAssuranceLevelCd

Field	Value	IRS element (for citing)
Tax	2021	TaxYr
Build TS	2022-09-23 18:48:47Z	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	$33,988,252	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'S VISION IS THAT ONE DAY EVERY HUMAN BEING WILL HAVE ACCESS TO THE CRITICAL GOODS AND SERVICES THEY NEED - INCLUDING AFFORDABLE HEALTH CARE, CLEAN ENERGY, EDUCATION, WATER & SANITATION, HOUSING, ACCESS TO FINANCIAL SERVICES, AND AGRICULTURAL INPUTS - SO THEY HAVE THE CHOICE AND OPPORTUNITY TO TRANSFORM THEIR LIVES.	ActivityOrMissionDesc
Voting Members Governing Body	14	VotingMembersGoverningBodyCnt
Voting Members Independent	13	VotingMembersIndependentCnt
Total Employee	87	TotalEmployeeCnt
Total Volunteers	14	TotalVolunteersCnt
Total Gross UBI	-$25,709	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$24,665,203	PYContributionsGrantsAmt
CY Contributions Grants	$28,852,496	CYContributionsGrantsAmt
PY Program Service Revenue	$2,833,283	PYProgramServiceRevenueAmt
CY Program Service Revenue	$3,028,714	CYProgramServiceRevenueAmt
PY Investment Income	$525,861	PYInvestmentIncomeAmt
CY Investment Income	-$1,754,763	CYInvestmentIncomeAmt
PY Other Revenue	$833,789	PYOtherRevenueAmt
CY Other Revenue	$328,350	CYOtherRevenueAmt
PY Total Revenue	$28,858,136	PYTotalRevenueAmt
CY Total Revenue	$30,454,797	CYTotalRevenueAmt
PY Grants And Similar Paid	$7,644,532	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$2,697,986	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$9,893,930	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$11,286,964	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$2,794,288	CYTotalFundraisingExpenseAmt
PY Other Expenses	$10,850,835	PYOtherExpensesAmt
CY Other Expenses	$8,814,003	CYOtherExpensesAmt
PY Total Expenses	$28,389,297	PYTotalExpensesAmt
CY Total Expenses	$22,798,953	CYTotalExpensesAmt
PY Revenues Less Expenses	$468,839	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$7,655,844	CYRevenuesLessExpensesAmt
Total Assets BOY	$141,486,235	TotalAssetsBOYAmt
Total Assets EOY	$151,257,086	TotalAssetsEOYAmt
Total Liabilities BOY	$5,408,376	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$6,885,479	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$136,077,859	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$144,371,607	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	ACUMEN FUND, INC. IS WORKING TO CHANGE THE WAY THE WORLD TACKLES POVERTY BY INVESTING IN COMPANIES, LEADERS AND IDEAS. [SEE CONTINUATION ON SCHEDULE O]ACUMEN INVESTS PATIENT CAPITAL IN BUSINESSES THAT DELIVER CRITICAL, AFFORDABLE GOODS AND SERVICES TO THE POOR, IMPROVING THE LIVES OF MILLIONS IN SOUTH ASIA, EAST AND WEST AFRICA, LATIN AMERICA AND THE UNITED STATES. SINCE 2001, ACUMEN HAS INVESTED $146 MILLION IN 151 SOCIAL ENTERPRISES WORKING IN THE FOLLOWING SECTORS: AGRICULTURE, EDUCATION, ENERGY, FINANCIAL INCLUSION, HEALTH, HOUSING, WATER AND SANITATION, AND WORKFORCE DEVELOPMENT.ACUMEN ALSO INVESTS IN BUILDING A GLOBAL COMMUNITY OF EMERGING LEADERS WORKING TO CREATE A MORE JUST, INCLUSIVE, AND SUSTAINABLE WORLD THROUGH ACUMEN ACADEMY - THE WORLD'S SCHOOL FOR SOCIAL CHANGE - WHICH WAS LAUNCHED IN 2020 AND INCLUDES THE FELLOWS PROGRAM AND THE PREVIOUSLY NAMED +ACUMEN ONLINE COURSES.THROUGH THESE EFFORTS, ACUMEN IS WORKING TO CREATE LONG TERM, SUSTAINABLE SOLUTIONS TO POVERTY	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$9,416,693	ExpenseAmt
Grant	$1,917,877	GrantAmt
Revenue	$2,835,482	RevenueAmt
Desc	INVESTING AND PORTFOLIO MANAGEMENT:ACUMEN FUND, INC. ("ACUMEN") INVESTS PATIENT CAPITAL IN BUSINESS MODELS THAT DELIVER CRITICAL, AFFORDABLE GOODS AND SERVICES TO THE WORLD'S POOR, IMPROVING THE LIVES OF MILLIONS. SINCE 2001, ACUMEN HAS INVESTED IN BUSINESSES THAT PROVIDE ACCESS TO HEALTH CARE, ENERGY, EDUCATION, WATER & SANITATION, HOUSING, FINANCIAL SERVICES, AND AGRICULTURAL SERVICES TO LOW-INCOME CUSTOMERS. OUR INVESTMENTS ARE ADDRESSING THE PROBLEMS OF POVERTY IN EAST AND WEST AFRICA, SOUTH ASIA, LATIN AMERICA, AND THE UNITED STATES. ACUMEN INVESTED IN 16 NEW COMPANIES IN 2021, REACHING A CUMULATIVE $146 MILLION INVESTED IN 151 BUSINESSES SERVING THE POOR. [SEE CONTINUATION ON SCHEDULE O]ACUMEN ALSO EXITED FIVE COMPANIES RETURNING A TOTAL OF $1.6 MILLION.IN SEPTEMBER, THE ENERGY ACCESS RELIEF FUND ("EARF") WAS LAUNCHED. EARF IS A FIRST-OF-ITS-KIND RELIEF FUND LAUNCHED WITH A FIRST CLOSE OF $68 MILLION AND A TARGET OF OVER $80 MILLION TO PROTECT ENERGY ACCESS FOR AT LEAST 20 MILLION PEOPLE IN SUB-SAHARAN AFRICA AND ASIA. THE ENERGY ACCESS RELIEF FUND (EARF) IS THE CULMINATION OF AN UNPRECEDENTED PARTNERSHIP CONVENED BY ACUMEN, INCLUDING CDC GROUP, U.S. INTERNATIONAL DEVELOPMENT FINANCE CORPORATION (DFC), FMO, GREEN CLIMATE FUND (GCF), SHELL FOUNDATION, IKEA FOUNDATION, THE ROCKEFELLER FOUNDATION, WORLD BANK, INTERNATIONAL FINANCE CORPORATION (IFC), SWEDISH INTERNATIONAL DEVELOPMENT COOPERATION AGENCY (SIDA), SWISS AGENCY FOR DEVELOPMENT AND COOPERATION (SDC), THE UK FOREIGN, COMMONWEALTH AND DEVELOPMENT OFFICE (FCDO), USAID, AND POWER AFRICA. THE EARF, MANAGED BY SOCIAL INVESTMENT MANAGERS AND ADVISORS (SIMA), PROVIDES RELIEF CAPITAL IN THE FORM OF SHORT-TERM LOANS TO AN ESTIMATED 90 ENERGY ACCESS COMPANIES IN SUB-SAHARAN AFRICA AND ASIA STILL STRUGGLING WITH DISRUPTIONS WROUGHT BY COVID-19.2021 WAS THE LAST YEAR OF ACUMEN'S 5-YEAR PIONEER ENERGY INVESTMENT INITIATIVE ("PEII"). FIVE YEARS AGO, PEII SET OUT TO EXPAND ENERGY ACCESS FOR THOSE LIVING IN LOW-INCOME REGIONS WITHOUT ELECTRIFICATION. TODAY, ACUMEN IS THE WORLD'S LARGEST INVESTOR IN OFF-GRID SOLAR.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Expense	$5,006,962	ExpenseAmt
Grant	$780,109	GrantAmt
Revenue	$193,232	RevenueAmt
Desc	FELLOWS AND LEADERSHIP PROGRAMS:IN 2021, ACUMEN ACADEMY MADE STRIDES IN DEVELOPING OUR CURRICULUM AND LEARNING PLATFORM: WE RAN NINE NEW FELLOWSHIP PROGRAMS WITH 236 DIVERSE FELLOWS FROM COLOMBIA, THE UNITED KINGDOM, SPAIN, WEST AFRICA, EAST AFRICA, INDIA, PAKISTAN, BANGLADESH AND MALAYSIA; WE LAUNCHED THE ROCKEFELLER FOUNDATION-ACUMEN FOOD SYSTEMS FELLOWSHIP WITH 1,056 APPLICATIONS FROM AROUND THE WORLD; WE COMPLETED FOUR ACCELERATORS WITH 42 ORGANIZATIONS AND NINE SOCIAL SECTOR LEADERS. OUR GOAL IS TO CATALYZE INNOVATIVE BUSINESS MODELS THAT PROVIDE DIGNITY TO WORKERS WHILE FURTHERING ENVIRONMENTAL SUSTAINABILITY.	Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

Field	Value	IRS element (for citing)
Expense	$3,939,050	ExpenseAmt
Desc	IMPACT AND COMMUNICATIONS:THE GOAL OF THE IMPACT AND COMMUNICATIONS TEAMS AT ACUMEN IS TO SUPPORT THE MISSION OF CHANGING THE WAY THE WORLD TACKLES POVERTY BY SHARING THE INSIGHTS FROM OUR WORK, PROMOTING AN ENTREPRENEURIAL, MARKETS-BASED APPROACH TO SOLVING POVERTY, AND SHIFTING PUBLIC PERCEPTION TO SEE THE POTENTIAL OF ENTREPRENEURIAL SOLUTIONS TO MEET THE NEEDS OF LOW-INCOME PEOPLE.IN Q1 2021, ACUMEN ADDED RESOURCES TO ITS IMPACT AND COMMUNICATIONS WORK TO ENHANCE ITS IMPACT MEASUREMENT AND INSIGHTS CONTENT GENERATION. [SEE CONTINUATION ON SCHEDULE O]RESOURCES INCLUDE A GLOBAL ENERGY SECTOR LEAD, A GLOBAL AGRICULTURE SECTOR LEAD, AND DEEPENING THE BENCH TO SUPPORT OUR IMPACT WORK.IN Q2 2021, ACUMEN EMBARKED ON A YEAR-LONG PROJECT TO STUDY AND ANALYZE THE SUCCESSES AND CHALLENGES OF OUR PATIENT CAPITAL WORK OVER THE PAST 20 YEARS. THE RESULTS OF THIS PROJECT WILL BE SHARED IN 2022.	Desc

Field	Value	IRS element (for citing)
Total Program Service Expenses	$18,362,705	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	0	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	55	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	87	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	GH	ForeignCountryCd
Foreign Country	KE	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	14	GoverningBodyVotingMembersCnt
Independent Voting Member	13	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	Yes (1)	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	0	MembersOrStockholdersInd
Election Of Board Members	0	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	Yes (1)	LocalChaptersInd
Policies Reference Chapters	Yes (1)	PoliciesReferenceChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	Yes (1)	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	CA	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	CT	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	FL	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	GA	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	IL	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	MD	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	MA	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	MI	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	NJ	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	NY	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	PA	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	WA	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	DC	StatesWhereCopyOfReturnIsFldCd
Own Website	Yes (X)	OwnWebsiteInd
Other Website	Yes (X)	OtherWebsiteInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

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

Field	Value	IRS element (for citing)
Phone	6467473958	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	40 WORTH STREET 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	Highest Compensated EmployeeHighestCompensatedEmployeeInd	Key EmployeeKeyEmployeeInd
JACQUELINE NOVOGRATZ
CEO & DIRECTOR	39.00	1.00	Yes (X)	Yes (X)	$319,600	$0	$29,930
CARLYLE SINGER JONES
PRESIDENT	39.00	1.00		Yes (X)	$272,988	$0	$18,607
MICHELLE OSORIO
INVESTMENT DIR., KAWISAFI VENTURES	0.00	40.00			$0	$238,931	$42,022	Yes (X)
WILLIAM CHARNOCK
CHIEF MARKETING OFFICER	40.00	0.00			$248,436	$0	$17,911		Yes (X)
LYNN ROLAND
BOARD SECRETARY/GENERAL COUNSEL	35.00	5.00		Yes (X)	$207,305	$0	$37,283
AMRITA BHANDARI
CHIEF OF BUSINESS DEVELOPMENT	40.00	0.00			$222,600	$0	$7,081		Yes (X)
JACQUELINE WOO
CHIEF FINANCIAL OFFICER	35.50	4.50		Yes (X)	$216,048	$0	$7,174
CATHERINE C NANDA
DIRECTOR, ACUMEN AMERICA	40.00	0.00			$179,970	$0	$36,190		Yes (X)
YASMINA ZAIDMAN CHIEF
STRATEGIC PARTNERSHIPS OFFICER	40.00	0.00			$207,800	$0	$6,637		Yes (X)
JOANNA MCQUADE
DIRECTOR, TALENT	40.00	0.00			$185,388	$0	$15,994		Yes (X)
AMON ANDERSON
DIRECTOR, ACUMEN AMERICA	40.00	0.00			$164,964	$0	$31,040	Yes (X)
ELEANOR MURPHY
DIRECTOR, FUNDRAISING	39.50	0.50			$169,913	$0	$22,828	Yes (X)
JO-ANN TAN
DIRECTOR, LEADERSHIP	40.00	0.00			$159,800	$0	$5,197		Yes (X)
SABRINA LEE ORTEGA SANCHEZ
HEAD OF BUSINESS DEV., FOUNDATIONS	40.00	0.00			$148,529	$0	$14,696	Yes (X)
BATOOL HASSAN
DIRECTOR, LEADERSHIP	40.00	0.00			$146,400	$0	$4,795	Yes (X)
MARGO ALEXANDER
DIRECTOR	1.00	0.00	Yes (X)		$0	$0	$0
C HUNTER BOLL
DIRECTOR	1.00	0.00	Yes (X)		$0	$0	$0
KATHLEEN CHEW WAI LIN
DIRECTOR	1.00	0.00	Yes (X)		$0	$0	$0
STUART DAVIDSON
DIRECTOR	1.00	0.00	Yes (X)		$0	$0	$0
JULIUS GAUDIO
DIRECTOR	1.00	0.00	Yes (X)		$0	$0	$0
NATHAN 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
MARK TERCEK
DIRECTOR	1.00	0.00	Yes (X)		$0	$0	$0
SHAIZA RIZAVI
BOARD CHAIR	1.00	0.00	Yes (X)	Yes (X)	$0	$0	$0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$2,849,741	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$238,931	TotReportableCompRltdOrgAmt
Total Other Compensation	$297,385	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	24	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 ST FLOOR 20	NEW YORK	NY	10017	DATABASE MANAGEMENT	$387,377
PUBLISEZ INC
27 PARK PL	BROOKLYN	NY	11217	PUBLIC RELATIONS AGENCY	$225,046
WALL STREET IT MANAGEMENT
40 WEST 37TH ST	NEW YORK	NY	10018	IT MANAGEMENT SERVICES	$194,558
DALBERG CONSULTING US LLC
155 W 23RD ST 6TH FLOOR	NEW YORK	NY	10011	STRATEGY CONSULTANTS	$181,000
ADP TOTALSOURCE GROUP INC
10200 SUNSET DR	MIAMI	FL	33173	PEO SERVICE ORGANIZATION	$144,282

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	7	CntrctRcvdGreaterThan100KCnt
Government Grants	$2,487,287	GovernmentGrantsAmt
All Other Contributions	$26,365,209	AllOtherContributionsAmt
Noncash Contributions	$1,666,805	NoncashContributionsAmt
Total Contributions	$28,852,496	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
PGM RELATED LOAN INCOME	900099	$2,666,206	$2,666,206
PROGRAM FEES	900099	$362,508	$362,508

Field	Value	IRS element (for citing)
Total Program Service Revenue	$3,028,714	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$39,074	TotalRevenueColumnAmt
Unrelated Business Revenue	-$25,709	UnrelatedBusinessRevenueAmt
Exclusion	$64,783	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Other	$1,739,618	OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Other	$3,533,455	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Other	-$1,793,837	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$1,793,837	TotalRevenueColumnAmt
Exclusion	-$1,793,837	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	ExclusionExclusionAmt
REIMBURSEMENT/OTHER	900099	$280,350	$280,350
PORTFOLIO DILIGENCE FEE INCOME		$48,000	$48,000

Field	Value	IRS element (for citing)
Other Revenue Total	$328,350	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$30,454,797	TotalRevenueColumnAmt
Related Or Exempt Func Income	$3,028,714	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	-$25,709	UnrelatedBusinessRevenueAmt
Exclusion	-$1,400,704	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	$726,397	TotalAmt
Program Services	$726,397	ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

Field	Value	IRS element (for citing)
Total	$1,971,589	TotalAmt
Program Services	$1,971,589	ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$2,401,939	TotalAmt
Program Services	$1,944,411	ProgramServicesAmt
Management And General	$218,759	ManagementAndGeneralAmt
Fundraising	$238,769	FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

Field	Value	IRS element (for citing)
Total	$381,027	TotalAmt
Program Services	$381,027	ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$6,791,180	TotalAmt
Program Services	$4,630,329	ProgramServicesAmt
Management And General	$503,599	ManagementAndGeneralAmt
Fundraising	$1,657,252	FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$267,759	TotalAmt
Program Services	$192,971	ProgramServicesAmt
Management And General	$20,660	ManagementAndGeneralAmt
Fundraising	$54,128	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$644,818	TotalAmt
Program Services	$465,060	ProgramServicesAmt
Management And General	$54,203	ManagementAndGeneralAmt
Fundraising	$125,555	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$800,241	TotalAmt
Program Services	$585,066	ProgramServicesAmt
Management And General	$67,915	ManagementAndGeneralAmt
Fundraising	$147,260	FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

Field	Value	IRS element (for citing)
Total	$144,282	TotalAmt
Program Services	$100,310	ProgramServicesAmt
Management And General	$11,667	ManagementAndGeneralAmt
Fundraising	$32,305	FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$258,691	TotalAmt
Program Services	$118,789	ProgramServicesAmt
Management And General	$139,902	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$161,581	TotalAmt
Program Services	$75,779	ProgramServicesAmt
Management And General	$64,457	ManagementAndGeneralAmt
Fundraising	$21,345	FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$2,535,468	TotalAmt
Program Services	$2,179,921	ProgramServicesAmt
Management And General	$179,456	ManagementAndGeneralAmt
Fundraising	$176,091	FundraisingAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$70,333	TotalAmt
Program Services	$69,585	ProgramServicesAmt
Fundraising	$748	FundraisingAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$198,833	TotalAmt
Program Services	$103,052	ProgramServicesAmt
Management And General	$25,598	ManagementAndGeneralAmt
Fundraising	$70,183	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$656,225	TotalAmt
Program Services	$415,881	ProgramServicesAmt
Management And General	$147,239	ManagementAndGeneralAmt
Fundraising	$93,105	FundraisingAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$637,670	TotalAmt
Program Services	$470,324	ProgramServicesAmt
Management And General	$37,644	ManagementAndGeneralAmt
Fundraising	$129,702	FundraisingAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$66,054	TotalAmt
Program Services	$58,554	ProgramServicesAmt
Management And General	$3,401	ManagementAndGeneralAmt
Fundraising	$4,099	FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$31,380	TotalAmt
Program Services	$16,631	ProgramServicesAmt
Management And General	$7,230	ManagementAndGeneralAmt
Fundraising	$7,519	FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$87,683	TotalAmt
Program Services	$70,275	ProgramServicesAmt
Management And General	$11,858	ManagementAndGeneralAmt
Fundraising	$5,550	FundraisingAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$81,019	TotalAmt
Program Services	$57,029	ProgramServicesAmt
Management And General	$6,883	ManagementAndGeneralAmt
Fundraising	$17,107	FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt	FundraisingFundraisingAmt
INTERCOMPANY PROGRAM SE	$2,439,482	$2,439,482
PROV FOR PORTFOLIO LOSS	$1,044,637	$1,044,637
INTERCOMPANY COST REIMB	$199,975	$199,975
CORPORATE TAXES/OTHER	$198,909	$44,162	$141,179	$13,568

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$1,781	TotalAmt
Program Services	$1,469	ProgramServicesAmt
Management And General	$310	ManagementAndGeneralAmt
Fundraising	$2	FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$22,798,953	TotalAmt
Program Services	$18,362,705	ProgramServicesAmt
Management And General	$1,641,960	ManagementAndGeneralAmt
Fundraising	$2,794,288	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$627,646	BOYAmt
EOY	$403,036	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$47,907,426	BOYAmt
EOY	$49,888,421	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$13,088,483	BOYAmt
EOY	$13,223,420	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$1,319,585	BOYAmt
EOY	$2,319,154	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$750,000	BOYAmt
EOY	$1,062,429	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$278,918	BOYAmt
EOY	$288,017	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$360,345	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$299,845	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$152,265	BOYAmt
EOY	$60,500	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$610,261	BOYAmt
EOY	$393,640	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

Field	Value	IRS element (for citing)
BOY	$75,846,773	BOYAmt
EOY	$82,810,788	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$904,878	BOYAmt
EOY	$807,681	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$141,486,235	BOYAmt
EOY	$151,257,086	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$2,211,182	BOYAmt
EOY	$3,033,863	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$648,534	BOYAmt
EOY	$364,349	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$2,548,660	BOYAmt
EOY	$3,487,267	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$5,408,376	BOYAmt
EOY	$6,885,479	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	$99,487,137	BOYAmt
EOY	$109,410,109	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$36,590,722	BOYAmt
EOY	$34,961,498	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$136,077,859	BOYAmt
EOY	$144,371,607	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$141,486,235	BOYAmt
EOY	$151,257,086	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$7,655,844	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$659,010	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	-$21,106	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	$27,693,548	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$35,753,189	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$25,402,570	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$24,665,203	CurrentTaxYearMinus1YearAmt
Current Tax Year	$28,704,639	CurrentTaxYearAmt
Total	$142,219,149	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$27,693,548	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$35,753,189	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$25,402,570	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$24,665,203	CurrentTaxYearMinus1YearAmt
Current Tax Year	$28,704,639	CurrentTaxYearAmt
Total	$142,219,149	TotalAmt

Field	Value	IRS element (for citing)
Substantial Contributors Tot	$26,925,181	SubstantialContributorsTotAmt
Public Support Total170	$115,293,968	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$73,572	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$78,195	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$284,685	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$216,162	CurrentTaxYearMinus1YearAmt
Current Tax Year	$64,783	CurrentTaxYearAmt
Total	$717,397	TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus3 Years	$60,770	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus1 Year	$29,290	CurrentTaxYearMinus1YearAmt
Total	$90,060	TotalAmt

Other Income170 OtherIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$162,649	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$272,711	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$491,207	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$833,789	CurrentTaxYearMinus1YearAmt
Current Tax Year	$280,350	CurrentTaxYearAmt
Total	$2,040,706	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$145,067,312	TotalSupportAmt
Public Support CY170	0.79480	PublicSupportCY170Pct
Public Support PY170	0.75380	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 - 2017 AMOUNT: $ 2,596. 2018 AMOUNT: $ 2,407. REIMBURSEMENT/OTHER - 2017 AMOUNT: $ 10,053. 2018 AMOUNT: $ 65,133. 2019 AMOUNT: $ 41,207. 2020 AMOUNT: $ 8,096. 2021 AMOUNT: $ 280,350. EARLY TERMINATION FEE - 2017 AMOUNT: $ 150,000. 2018 AMOUNT: $ 205,171. DEVELOPMENT COST REIMBURSEMENT - 2019 AMOUNT: $ 450,000. 2020 AMOUNT: $ 825,693.	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	$43,189	OtherCostOrOtherBasisAmt
Depreciation	$29,902	DepreciationAmt
Book Value	$13,287	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$100,885	OtherCostOrOtherBasisAmt
Depreciation	$104,819	DepreciationAmt
Book Value	-$3,934	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$216,271	OtherCostOrOtherBasisAmt
Depreciation	$165,124	DepreciationAmt
Book Value	$51,147	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$60,500	TotalBookValueLandBuildingsAmt

Invst Program Related Org InvstProgramRelatedOrgGrp (13 entries)

DescDesc	Book ValueBookValueAmt	Method ValuationMethodValuationCd
PROGRAM RELATED DEBT INVESTMENTS - CENTRAL AMERICA AND THE CARRIBEAN	$168,750	C
PROGRAM RELATED DEBT INVESTMENTS - EUROPE	$1,900,000	C
PROGRAM RELATED DEBT INVESTMENTS - NORTH AMERICA	$5,626,463	C
PROGRAM RELATED DEBT INVESTMENTS - SUB-SAHARAN AFRICA	$2,087,500	C
PROGRAM RELATED DEBT INVESTMENTS - S.ASIA	$641,793	C
PROGRAM RELATED DEBT INVESTMENTS - LATIN AMERICA	$1,549,432	C
PROGRAM RELATED EQUITY INVESTMENTS - NORTH AMERICA	$25,497,616	C
PROGRAM RELATED EQUITY INVESTMENTS - SUB-SAHARAN AFRICA	$2,908,275	C
PROGRAM RELATED EQUITY INVESTMENTS - S.ASIA	$19,048,990	C
PROGRAM RELATED EQUITY INVESTMENTS - LATIN AMERICA	$3,883,101	C
PROGRAM RELATED EQUITY INVESTMENTS - EUROPE	$2,797,412	C
PROGRAM RELATED PARTNERSHIP INVESTMENTS - NORTH AMERICA	$1,814,612	C
PROGRAM RELATED PARTNERSHIP INVESTMENTS - SUB-SAHARAN AFRICA	$14,886,844	C

Field	Value	IRS element (for citing)
Total Book Value Program Rltd	$82,810,788	TotalBookValueProgramRltdAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

Field	Value	IRS element (for citing)
Desc	RETURNABLE GRANT CAPITAL	Desc
Amt	$3,487,267	Amt

Field	Value	IRS element (for citing)
Total Liability	$3,487,267	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	Yes (1)	GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp (17 entries)

RegionRegionTxt	OfficesOfficesCnt	EmployeeEmployeeCnt	Type Of Activities ConductedTypeOfActivitiesConductedTxt	Specific Services ProvidedSpecificServicesProvidedTxt	Region Total ExpendituresRegionTotalExpendituresAmt
SOUTH ASIA	2	33	PROGRAM SERVICES	PORTFOLIO MANAGEMENT AND LEADERSHIP PROGRAM	$766,431
SUB-SAHARAN AFRICA	2	41	PROGRAM SERVICES	PORTFOLIO MANAGEMENT AND LEADERSHIP PROGRAM	$1,673,051
LATIN AMERICA	1	46	PROGRAM SERVICES	PORTFOLIO MANAGEMENT AND LEADERSHIP PROGRAM	$901,121
EUROPE	1	25	PROGRAM SERVICES	LEADERSHIP PROGRAM AND FUNDRAISING	$1,230,305
NORTH AMERICA	0	5	PROGRAM SERVICES	LEADERSHIP PROGRAM	$122,533
SOUTH ASIA	0	0	PROGRAM RELATED INVESTMENT		$19,690,783
SUB-SAHARAN AFRICA	0	0	PROGRAM RELATED INVESTMENT		$19,882,619
LATIN AMERICA	0	0	PROGRAM RELATED INVESTMENT		$5,432,533
EUROPE	0	0	PROGRAM RELATED INVESTMENT		$4,697,412
NORTH AMERICA	0	0	PROGRAM RELATED INVESTMENT		$1,441,119
CENTRAL AMERICA AND THE CARIBBEAN	0	0	PROGRAM RELATED INVESTMENT		$168,750
SOUTH ASIA	0	0	GRANT MAKING	EMERGENCY FACILITY AND TA GRANTS	$205,000
SUB-SAHARAN AFRICA	0	0	GRANT MAKING	EMERGENCY FACILITY AND TA GRANTS	$1,327,395
LATIN AMERICA	0	0	GRANT MAKING	EMERGENCY FACILITY AND TA GRANTS	$241,694
EUROPE	0	0	GRANT MAKING	EMERGENCY FACILITY AND TA GRANTS	$97,500
EAST ASIA AND THE PACIFIC	0	0	GRANT MAKING	EMERGENCY FACILITY AND TA GRANTS	$50,000
CENTRAL AMERICA AND THE CARIBBEAN	0	0	GRANT MAKING	EMERGENCY FACILITY AND TA GRANTS	$50,000

Field	Value	IRS element (for citing)
Subtotal Offices	6	SubtotalOfficesCnt
Subtotal Employees	150	SubtotalEmployeesCnt
Continuation Total Office	0	ContinuationTotalOfficeCnt
Continuation Total Employee	0	ContinuationTotalEmployeeCnt
Total Office	6	TotalOfficeCnt
Total Employee	150	TotalEmployeeCnt
Subtotal Spent	$49,699,376	SubtotalSpentAmt
Continuation Spent	$8,278,870	ContinuationSpentAmt
Total Spent	$57,978,246	TotalSpentAmt

Grants To Org Outside US GrantsToOrgOutsideUSGrp (29 entries)

RegionRegionTxt	Purpose Of GrantPurposeOfGrantTxt	Cash GrantCashGrantAmt	Manner Of Cash DisbursementMannerOfCashDisbursementTxt	Non Cash AssistanceNonCashAssistanceAmt
SUB-SAHARAN AFRICA	TO FURTHER ASSIST PORTFOLIO'S RUNNING OPERATIONS	$734,686	WIRE TRANSFER	$0
SOUTH ASIA	TO IDENTIFY, CONNECT AND CATALYZE EXCEPTIONAL LEADERS FROM ACROSS BANGLADESH WHO ARE BUILDING THE SOLUTIONS TO TACKLE THE TOUGHEST PROBLEMS OF OUR TIME	$65,000	WIRE TRANSFER	$0
SUB-SAHARAN AFRICA	TO SUPPORT THE GRANT RECIPIENTS PILOT PHASE DURING WHICH PERIOD THE GRANT RECIPIENT INTENDS TO ISSUE TERM LOANS OF BETWEEN 6 TO 18 MONTHS TENOR AND UP TO $20,000 EACH TO EARLY STAGE SOCIAL ENTERPRISES IN UGANDA	$56,000	WIRE TRANSFER	$0
LATIN AMERICA	COVID-19 EMERGENCY RELIEF GRANT	$9,109	WIRE TRANSFER	$0
LATIN AMERICA	TO FURTHER THE GRANT RECIPIENTS MISSION BY PROVIDING HOLISTIC VALUE CHAIN SUPPORT THAT ALLOWS THE COMPANY TO STRENGTHEN FARMERS PRODUCTION TO CREATE A NEW PORTFOLIO OF PRODUCTS AND DEVELOP A NEW VALUE PROPOSITION FOR CUSTOMERS	$70,000	WIRE TRANSFER	$0
LATIN AMERICA	TO IMPROVE THE ECONOMIC AND SOCIAL STATUS OF SMALLHOLDER FARMERS THROUGH PROVIDING TRAINING, COACHING, BUSINESS SUPPORT, MARKET LINKAGE AND FINANCIAL SERVICES	$35,313	WIRE TRANSFER	$0
SUB-SAHARAN AFRICA	TO FURTHER THE GRANT RECIPIENTS MISSION BY STRENGTHENING RELATIONSHIP BUILDING AND DEPTH OF ENGAGEMENT WITH FARMERS AND SMALL-BUSINESS NETWORKS.	$50,000	WIRE TRANSFER	$0
LATIN AMERICA	TO FURTHER THE GRANT RECIPIENTS MISSION BY SUPPORTING THE FUNCTIONING, OPERATION AND EXECUTION OF THE WORK ACTIONS ESTABLISHED FOR THE FIRST YEAR OF THE ORGANIZATION	$13,000	WIRE TRANSFER	$0
SUB-SAHARAN AFRICA	TO FURTHER THE GRANT RECIPIENTS MISSION BY EXPLORING THE HUMANITARIAN SECTOR AS A SALES CHANNEL IN SERVICE OF BRINGING CLEAN POWER AND LIGHT TO FORCIBLY DISPLACED POPULATIONS	$38,209	WIRE TRANSFER	$0
SOUTH ASIA	TO FURTHER THE GRANT RECIPIENTS MISSION BY HELPING PEOPLE IN PAKISTAN, A COUNTRY WITH MORE THAN 100 MILLION YOUNG PEOPLE, FIND GOOD EMPLOYMENT OPPORTUNITIES IN THE DIGITAL SPACE	$50,000	WIRE TRANSFER	$0
SUB-SAHARAN AFRICA	ENABLING THE FURTHER DEVELOPMENT AND SCALING UP OF VACCIBOX, A PORTABLE SOLAR POWERED VACCINE REFRIGERATOR, TO MEET THE NEEDS OF RURAL AND OFF-GRID HEALTH FACILITIES, IN ORDER TO PROVIDE AFFORDABLE, RELIABLE, AND SUFFICIENT COLD STORAGE FOR VACCINES, DRUGS, BLOOD FOR TRANSFUSION, AND OTHER HEALTHCARE USES	$50,000	WIRE TRANSFER	$0
SUB-SAHARAN AFRICA	TO FURTHER THE GRANT RECIPIENTS MISSION BY PILOTING A NEW PRODUCT WITH LOAN CLIENTS TO IMPROVE STUDENT LEARNING OUTCOMES	$10,500	WIRE TRANSFER	$0
SUB-SAHARAN AFRICA	TO FURTHER THE GRANT RECIPIENTS MISSION BY DEVELOPING A GRASSROOTS COMMUNITY BASED - APPROACH TRAINING MODEL, THAT RECRUITS INDIVIDUALS TO BE TOTS PROVIDING THEM WITH ONLINE RESOURCES AND FACE TO FACE PRACTICAL SKILLS NECESSARY TO TRAIN AND UPSKILL YOUTHS IN THEIR COMMUNITIES	$50,000	WIRE TRANSFER	$0
SUB-SAHARAN AFRICA	TO FURTHER THE GRANT RECIPIENTS MISSION BY IMPROVING OUR TECH PLATFORM, FULLY AUTOMATING PAYMENTS IN OUR E-WALLET, INVESTING IN MARKETING TO RAISE AWARENESS, INVESTING IN WORKPLACE READINESS TRAINING AND IN THE GROWTH AND RETENTION OF THE TEAM	$50,000	WIRE TRANSFER	$0
EAST ASIA AND THE PACIFIC	TO FURTHER THE GRANT RECIPIENTS MISSION BY IMPROVING ITS SUBSCRIPTION AND CONTENT OFFERINGS THROUGH STRATEGIC HIRES	$50,000	WIRE TRANSFER	$0
SUB-SAHARAN AFRICA	TO ADVANCE THE ACHIEVEMENT OF THE PROJECT OF "TO BE KENYA'S FIRST WHOLLY INTEGRATED BAMBOO BUSINESS AND SUPPORT SMALLHOLDER FARMERS"	$25,000	WIRE TRANSFER	$0
SOUTH ASIA	ENGAGES THE CONSULTANT TO (A) DESIGN ALTERNATIVE MODELS FOR INTERNATIONAL PHILANTHROPIC ORGANIZATIONS SUCH AS ITSELF THAT CAN BE USED TO PROVIDE SUCCESS-BASED FINANCING FOR PROGRAMS THAT PROVIDE SOCIAL SECURITY SCHEMES AND (B) PROVIDE AN ANALYSIS ON THE CHANGING NATURE OF SOCIAL SECURITY SCHEMES IN INDIA	$40,000	WIRE TRANSFER	$0
SUB-SAHARAN AFRICA	TO IMPROVE THE ECONOMIC AND SOCIAL STATUS OF SMALLHOLDER FARMERS THROUGH PROVIDING TRAINING, COACHING, BUSINESS SUPPORT, MARKET LINKAGE AND FINANCIAL SERVICES	$25,000	WIRE TRANSFER	$0
SUB-SAHARAN AFRICA	TO FURTHER THE GRANT RECIPIENTS MISSION BY OPTIMIZING EXISTING SOLAR DRYING HUBS WITH ELECTRICITY AND BETTER DRYERS TO ENABLE THE WOMEN WHO MANAGE THE HUBS GENERATE BETTER INCOME THAT THEY WOULD USE TO SUPPORT THEIR CHILDREN AND EXTENDED FAMILIES	$50,000	WIRE TRANSFER	$0
SUB-SAHARAN AFRICA	TO FURTHER THE GRANT RECIPIENTS MISSION BY SUPPORTING PEG SENEGAL AND COTE DIVOIRE TO IDENTIFY AND TAKE UP OPPORTUNITIES ACROSS GEOGRAPHIES TO ESTABLISH GENDER-SMART POLICIES AND PRACTICES, FEMALE-FOCUSED FACILITIES, AND DRIVE TARGETED EFFORTS TO ENSURE FEMALE REPRESENTATION AT ALL LEVELS OF PEGS WORKFORCE	$12,000	WIRE TRANSFER	$0
SUB-SAHARAN AFRICA	WINDGEN POWER USA INTERNAL MECS CAPACITY BUILDING; PURCHASE OF EPC UNITS TO BE USED IN ON -BILL -FINANCING AND OTHER PILOTS	$68,000	WIRE TRANSFER	$0
SOUTH ASIA	COVID-19 EMERGENCY RELIEF GRANT	$50,000	WIRE TRANSFER	$0
EUROPE	FUNDING THE ACQUISITION AND DISTRIBUTION OF EPCS TO RVE.SOLS CUSTOMERS THROUGH AN INNOVATIVE FINANCING APPROACH - MILESTONS PAYMENT	$97,500	WIRE TRANSFER	$0
LATIN AMERICA	GRANT FOR COVID-19 EMERGENCY ASSISTANCE	$100,000	WIRE TRANSFER	$0
LATIN AMERICA	TO FURTHER THE GRANT RECIPIENTS MISSION BY IMPLEMENTING A LOWER COST SOLUTION, WITH A MONTHLY PAYMENT OF USD$8, SO THAT THE COMPANY CAN INCREASE ITS OUTREACH, SERVING A LARGER POPULATION AND FACILITATING THE ACCESS TO ENERGY TO POORER POPULATIONS	$10,000	WIRE TRANSFER	$0
SUB-SAHARAN AFRICA	TO FURTHER THE GRANT RECIPIENTS MISSION BY FUNDING THE PILOT OF RE-NOVATE, TRIBES PILOT ANNUAL ENTREPRENEURSHIP ACADEMY FOR HIGH SCHOOL STUDENTS	$50,000	WIRE TRANSFER	$0
CENTRAL AMERICA AND THE CARIBBEAN	GRANT FOR COVID-19 EMERGENCY ASSISTANCE	$50,000	WIRE TRANSFER	$0
SUB-SAHARAN AFRICA	TO PARTIALLY FINANCE A CRM SOFTWARE INSTALLATION PROJECT THAT WILL INTEGRATE WITH THE GRANT RECIPIENTS ACCOUNTING (QUICKBOOKS) AND BANKING PLATFORMS	$8,000	WIRE TRANSFER	$0
SUB-SAHARAN AFRICA	TO FURTHER THE GRANT RECIPIENTS MISSION BY PROVIDING/EXPANDING INFRASTRUCTURE AND TECHNOLOGY THAT GIVES RURAL SMALLHOLDER FARMERS DIRECT ACCESS TO THE FORMAL ECONOMY	$50,000	WIRE TRANSFER	$0

Field	Value	IRS element (for citing)
Total501c3 Org	0	Total501c3OrgCnt
Total Other Org	29	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 (4 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART I, LINE 2:	THE ORGANIZATION MAKES LARGE GRANTS TO ITS RELATED ENTITIES TO FUND THEIR OPERATIONS, THE ACTIVITIES OF WHICH ARE MONITORED BY THE ORGANIZATION. ACUMEN MONITORS THE ACTIVITY OF ITS RELATED ENTITIES BY ANALYZING EXPENDITURES AND COMPARING ACTUAL PERFORMANCE TO BUDGETED AMOUNTS, AND BY MAINTAINING DIRECT OVERSIGHT OF THE ACTIVITIES CONDUCTED AND EXPENDITURES INCURRED. OUR AFFILIATES IN PAKISTAN, INDIA, KENYA, AND NIGERIA HAVE INDEPENDENT AUDITS. IN ADDITION TO THE AUDIT, OUR CENTRAL OFFICE FINANCE DEPT IN NEW YORK HAS OVERSIGHT OF THE COUNTRY OFFICES' SPENDING. INVESTMENTS IN THIRD PARTIES ARE PRIMARILY DEBT OR EQUITY INVESTMENTS. RELATIVELY LITTLE IS AN OUTRIGHT GRANT FOR USE BY THE THIRD PARTY. FOR ANY PROGRAM-RELATED INVESTMENTS, THE ORGANIZATION REQUIRES REGULAR SOCIAL IMPACT, FINANCIAL AND OPERATIONAL REPORTING, TYPICALLY MAINTAINS A 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. IN 2020, ACUMEN LAUNCHED A COVID-19 EMERGENCY FACILITY TO DEPLOY MUCH-NEEDED CAPITAL TO ACUMEN'S INVESTEES AND FELLOWS, BRIDGING THE CRISIS FOR THEIR VENTURES AND STAFF, AND FUNDING THEIR EFFORTS TO SUPPORT THE MOST VULNERABLE. ENTREPRENEURS APPLIED FOR EMERGENCY FUNDING AND THE APPLICATIONS WERE REVIEWED IN ACCORDANCE WITH ACUMEN'S GRANT DISTRIBUTION PROCEDURES. FUNDING WAS DISBURSED IN 2020 AND 2021.
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. THESE INVESTMENTS WOULD INCLUDE SUPPORTING CONTRIBUTIONS TO RELATED ENTITIES AND PROGRAM-RELATED INVESTMENTS TO THIRD PARTIES AS PART OF ACUMEN'S CHARITABLE WORK. IN SUM THESE ACTIVITIES ARE SHOWN IN PARTS I AND II OF SCHEDULE F. THEY ARE ALSO INCLUDED ON FORM 990 PART X LINE 13, WHICH SHOWS THE ORGANIZATION'S TOTAL CUMULATIVE OUTSTANDING BALANCE OF PROGRAM-RELATED INVESTMENTS. ACUMEN PUTS ITS RESOURCES INTO THESE INVESTEE ORGANIZATIONS AS PROGRAMMATIC INVESTMENTS AND ATTEMPTS TO NURTURE THEM UNTIL THEY THRIVE (OR FAIL), PROVIDING MULTIPLE 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.
PART III ACCOUNTING METHOD:
PART IV, LINE 1, 3, AND LINE 5:	THE ORGANIZATION IS REQUIRED TO FILE FORMS, 926, 5471, AND FORM 8865.

Schedule I IRS990ScheduleI

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

Recipient Table RecipientTable (10 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	Recipient EINRecipientEIN	Cash GrantCashGrantAmt	Non Cash AssistanceNonCashAssistanceAmt	Purpose Of GrantPurposeOfGrantTxt	IRC SectionIRCSectionDesc
60 DECIBELS INC
205 E 42ND STREET 20TH FLOOR	NEW YORK	NY	10017	832847769	$94,922	$0	SUBAWARD TO USE STATISTICALLY RIGOROUS METHODS TO EXPLORE THE CAUSAL LINKS BETWEEN THE THREE POULTRY COMPANIES (THE APMI COMPANIES) AND IMPROVEMENTS IN WELL-BEING FOR FARMER HOUSEHOLDS REARING THEIR CHICKENS
AZIMUTH GROUP CORP
1B GRAND ARMY PLAZA	BROOKLYN	NY	11238	812651720	$112,825	$0	IMPROVING SALES STRATEGY
BIOLITE INC
65 JAY ST FLOOR 4	BROOKLYN	NY	11201	272826296	$122,000	$0	EXPLORE FINANCING OPPORTUNITIES FOR MODERN COOKING SOLUTIONS AND BETTER UNDERSTAND THE POTENTIAL FOR SCALE
BOULDER CARE INC
208 SW HARVEY MILK ST SUITE 200	PORTLAND	OR	97204	822784808	$50,000	$0	GRANT FOR ACUMEN AMERICA COVID-19 EMERGENCY RELIEF
BURN MANUFACTURING CO
18850 103RD AVENUE SW SUITE 220	CITY OF VASHON COUNTY	WA	98070	453247706	$98,650	$0	SUPPORT BURNS PREPARATION TO LAUNCH COMMERCIAL PAYG EPCS AND A PILOT OF 100 PAYG EPCS
HELLO FUTURE
245 8TH AVE 149	NEW YORK	NY	10011	814922460	$50,000	$0	GRANT FOR DIGITIZING EXISTING CURRICULUM INTO A PRODUCT THAT OTHER INSTRUCTORS AND ORGANIZATIONS CAN ACCESS, AS WELL AS DEVELOP A TRAIN-THE-TRAINER MODEL AND TEST THIS FIRST STEP IN SCALING OUR WORK IN ANOTHER SITE	501(C)(3)
PROMETHEAN POWERS SYSTEM INC
444 SOMERVILLE AVE	SOMERVILLE	MA	02143	261455570	$45,000	$0	GRANT FOR DEVELOPING, TESTING AND IMPLEMENTING A DIGITAL PLATFORM TO SUPPORT DELIVERY OF SMALL HOLDER DAIRY FAMER RELATED SERVICES FROM VILLAGE LEVEL REFRIGERATION HUBS
REEMA HEALTH INC
40 S 7TH ST 212-202	MINNEAPOLIS	MN	55406	843489447	$87,000	$0	GRANT FOR ACUMEN AMERICA COVID-19 EMERGENCY RELIEF
SANERGY INC
PO BOX 550288	ATLANTA	GA	30355	274528974	$35,000	$0	GRANT FOR FUNDING THE STRENGTHENING FEMALE PARTICIPATION IN THE CIRCULAR ECONOMY THROUGH EMPOWERING WOMEN IN PRODUCTION AND DISTRIBUTION OF AGRICULTURAL INPUTS
SIMUSOLAR INC
2810 N CHURCH ST PMB 76691	WILMINGTON	DE	19802	472154274	$30,000	$0	FUNDING THE RESEARCH ON HOW GENDER DIENSIONS OF SMALLHOLDER FARMERS IMPACT THEIR ADOPTION OF SOLAR IRRIGATION

Field	Value	IRS element (for citing)
Total501c3 Org	1	Total501c3OrgCnt
Total Other Org	9	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. IN 2020, ACUMEN LAUNCHED THE ACUMEN AMERICA COVID-19 EMERGENCY FACILITY TO DEPLOY MUCH-NEEDED CAPITAL TO ACUMEN'S DOMESTIC INVESTEES AND FELLOWS, BRIDGING THE CRISIS FOR THEIR VENTURES AND STAFF, AND FUNDING THEIR EFFORTS TO SUPPORT THE MOST VULNERABLE. ENTREPRENEURS APPLIED FOR EMERGENCY FUNDING AND THE APPLICATIONS WERE REVIEWED IN ACCORDANCE WITH ACUMEN'S GRANT DISTRIBUTION PROCEDURES. FUNDS WERE DISBURSED IN 2020 AND 2021.	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 (15 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	$319,600	$0	$0	$0	$0	$0	$9,750	$0	$20,180	$0	$349,530	$0	$0	$0
CARLYLE SINGER JONES
PRESIDENT	$272,988	$0	$0	$0	$0	$0	$8,250	$0	$10,357	$0	$291,595	$0	$0	$0
MICHELLE OSORIO
INVESTMENT DIR., KAWISAFI VENTURES	$0	$199,225	$0	$39,706	$0	$0	$0	$7,551	$0	$34,471	$0	$280,953	$0	$0
WILLIAM CHARNOCK
CHIEF MARKETING OFFICER	$248,436	$0	$0	$0	$0	$0	$7,617	$0	$10,294	$0	$266,347	$0	$0	$0
LYNN ROLAND
BOARD SECRETARY/GENERAL COUNSEL	$207,305	$0	$0	$0	$0	$0	$6,492	$0	$30,791	$0	$244,588	$0	$0	$0
AMRITA BHANDARI
CHIEF OF BUSINESS DEVELOPMENT	$222,600	$0	$0	$0	$0	$0	$6,678	$0	$403	$0	$229,681	$0	$0	$0
JACQUELINE WOO
CHIEF FINANCIAL OFFICER	$216,048	$0	$0	$0	$0	$0	$6,771	$0	$403	$0	$223,222	$0	$0	$0
CATHERINE C NANDA
DIRECTOR, ACUMEN AMERICA	$179,970	$0	$0	$0	$0	$0	$5,664	$0	$30,526	$0	$216,160	$0	$0	$0
YASMINA ZAIDMAN CHIEF
STRATEGIC PARTNERSHIPS OFFICER	$207,800	$0	$0	$0	$0	$0	$6,234	$0	$403	$0	$214,437	$0	$0	$0
JOANNA MCQUADE
DIRECTOR, TALENT	$185,388	$0	$0	$0	$0	$0	$5,622	$0	$10,372	$0	$201,382	$0	$0	$0
AMON ANDERSON
DIRECTOR, ACUMEN AMERICA	$164,964	$0	$0	$0	$0	$0	$5,170	$0	$25,870	$0	$196,004	$0	$0	$0
ELEANOR MURPHY
DIRECTOR, FUNDRAISING	$154,653	$0	$15,260	$0	$0	$0	$5,246	$0	$17,582	$0	$192,741	$0	$0	$0
JO-ANN TAN
DIRECTOR, LEADERSHIP	$159,800	$0	$0	$0	$0	$0	$4,794	$0	$403	$0	$164,997	$0	$0	$0
SABRINA LEE ORTEGA SANCHEZ
HEAD OF BUSINESS DEV., FOUNDATIONS	$142,228	$0	$6,301	$0	$0	$0	$4,518	$0	$10,178	$0	$163,225	$0	$0	$0
BATOOL HASSAN
DIRECTOR, LEADERSHIP	$146,400	$0	$0	$0	$0	$0	$4,392	$0	$403	$0	$151,195	$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	15	ContributionCnt
Noncash Contributions Rpt F990	$1,666,805	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 CONTRIBUTORS IN PART I, COLUMN (B) OF SCHEDULE M.	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
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 12/31/21 IS $144,282.
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 CONFLICT OF INTEREST IS REQUIRED TO DISCLOSE THE CONFLICT AND RECUSE HIM/HERSELF FROM THE DISCUSSION AND NOT BE PRESENT DURING ANY DELIBERATION OR VOTE ON MATTERS WHERE HE/SHE HAS AN ACTUAL CONFLICT. A DISINTERESTED PERSON MAY BE APPOINTED TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT, AND THE AUDIT & FINANCE COMMITTEE SHALL DETERMINE IF ACUMEN CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST, AND IF NOT, IF THE TRANSACTION OR ARRANGEMENT IS IN ACUMEN'S BEST INTEREST FOR ITS OWN BENEFIT AND FAIR AND REASONABLE. ADDITIONALLY, THE ORGANIZATION REQUIRES ALL SUCH INDIVIDUALS TO PROMPTLY AND FULLY DISCLOSE ALL MATERIAL FACTS OF ANY ACTUAL OR POTENTIAL CONFLICT OF INTEREST THAT MAY EXIST AT THE TIME OF HIRE OR APPOINTMENT, AS APPLICABLE, AND AS THEY MAY ARISE WHILE THE INDIVIDUAL IS SERVING OR EMPLOYED IN SUCH CAPACITY BY THE ORGANIZATION. SUCH DISCLOSURES ARE REVIEWED BY THE GENERAL COUNSEL, WITH OVERSIGHT BY THE PRESIDENT AND/OR OTHER MEMBERS OF SENIOR MANAGEMENT, AND THE AUDIT & FINANCE COMMITTEE, WHERE APPROPRIATE, TO DETERMINE APPROPRIATE ACTION TO BE TAKEN, WHICH, IF ADVISABLE, MAY INCLUDE INFORMATION FIREWALLS, OVERSIGHT BY DISINTERESTED PERSONS AND/OR DISCOURAGEMENT OF THE ACTIVITY.
FORM 990, PART VI, SECTION B, LINE 15	THE ORGANIZATION ANNUALLY REVIEWS COMPARABLE COMPENSATION DATA FOR ITS NON-PROFIT PEER GROUP AND SIMILAR ORGANIZATIONS IN THE FOR-PROFIT PRIVATE SECTOR. 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. 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	MEMBERSHIP FEES: PROGRAM SERVICE EXPENSES 18,224. MANAGEMENT AND GENERAL EXPENSES 4,424. FUNDRAISING EXPENSES 19,138. TOTAL EXPENSES 41,786. CONSULTANT: PROGRAM SERVICE EXPENSES 2,158,802. MANAGEMENT AND GENERAL EXPENSES 137,738. FUNDRAISING EXPENSES 156,953. TOTAL EXPENSES 2,453,493. TRAINING: PROGRAM SERVICE EXPENSES 2,895. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,895. RECRUITING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 37,294. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 37,294.
FORM 990, PART XI, LINE 9:	FOREIGN CURRENCY TRANSLATION GAIN 37,827. CHANGE IN VALUE OF CHARITABLE REMAINDER TRUST -58,933.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp (4 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	EINEIN	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt	Legal Domicile Foreign CountryLegalDomicileForeignCountryCd	Total IncomeTotalIncomeAmt	End Of Year AssetsEndOfYearAssetsAmt
ACUMEN CAPITAL MARKET INVESTMENTS LLC
40 WORTH STREET SUITE 303	NEW YORK	NY	10013	364796906	CARRY VEHICLE	DE	ACUMEN CAPITAL PARTNERS LLC
ACUMEN RESILIENT AGRICULTURE CAPITAL INVESTMENTS LLC
40 WORTH STREET SUITE 303	NEW YORK	NY	10013	831263292	CARRY VEHICLE	DE	ACUMEN CAPITAL PARTNERS LLC
ACUMEN CAPITAL PARTNERS (ARAF) LTD
40 WORTH STREET SUITE 303	NEW YORK	NY	10013	981546121	FUND MANAGER		ACUMEN CAPITAL PARTNERS LLC	KE	$37,214	$196,437
ACUMEN CAPITAL PARTNERS (EA) LIMITED
40 WORTH STREET SUITE 303	NEW YORK	NY	10013	981551441	FUND MANAGER		ACUMEN CAPITAL PARTNERS LLC	KE	$50,018	$228,046

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (4 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	INVESTING IN SOCIAL ENTERPRISES	NI	501(C)(3)	ACUMEN FUND INC	Yes (1)

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (5 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	EINEIN	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt	Predominant Income TypePredominantIncomeTypeTxt	Share Of Total IncomeShareOfTotalIncomeAmt	Share Of EOY AssetsShareOfEOYAssetsAmt	Disproportionate AllocationsDisproportionateAllocationsInd	UBI Code VUBICodeVAmt	General Or Managing PartnerGeneralOrManagingPartnerInd	Address Line1ForeignAddress/AddressLine1Txt	CityForeignAddress/CityNm	Province Or StateForeignAddress/ProvinceOrStateNm	CountryForeignAddress/CountryCd	Legal Domicile Foreign CountryLegalDomicileForeignCountryCd	OwnershipOwnershipPct
ACUMEN CAPITAL MARKETS I LP
40 WORTH STREET SUITE 303	NEW YORK	NY	10013	263831409	INVESTING IN SOCIAL ENTERPRISES	DE	ACUMEN FUND INC	RELATED	-$145,345	-$1,136,502	0	-$25,709	Yes (1)
KAWISAFI VENTURES LTD
				320466550	INVESTING IN SOCIAL ENTERPRISES		ACUMEN CAPITAL PARTNERS LLC	RELATED	$37,636	$12,856,465	0		Yes (1)	C/O OCORIAN CORPORATE SERVICES MAUR	CYBER CITY	EBENE	MP	MP	0.28530
ACUMEN LATIN AMERICA EARLY GROWTH FUND LP
40 WORTH STREET SUITE 303	NEW YORK	NY	10013	981364491	INVESTING IN SOCIAL ENTERPRISES		ACUMEN CAPITAL MARKETS LATIN AMERICA EARLY GROWTH LLC	RELATED	$79,203	$653,638	0		Yes (1)					CA	0.03450
ACUMEN CAPITAL MARKETS LATIN AMERICA EARLY GROWTH LLC
40 WORTH STREET SUITE 303	NEW YORK	NY	10013	820973614	INVESTING IN SOCIAL ENTERPRISES	DE	ACUMEN CAPITAL PARTNERS LLC	RELATED			0		Yes (1)
ACUMEN RESILIENT AGRICULTURE FUND LP
40 WORTH STREET SUITE 303	NEW YORK	NY	10013	981496984	INVESTING IN SOCIAL ENTERPRISES		ACUMEN CAPITAL PARTNERS LLC	RELATED	$7,152	$475,506	0		Yes (1)					CA	0.03100

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (7 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	Province Or StateForeignAddress/ProvinceOrStateNm
ACUMEN FUND ADVISORY SERVICES INDIA PVT LTD
203 DHEERAJ PLAZA HILL ROAD BANDRA	MUMBAI	IN	400050	ADVISORY SERVICES	IN	ACUMEN FUND INC	C	$251,909	$854,771	0.99990	Yes (1)
ACUMEN CAPITAL PARTNERS LLC
				FUND MANAGER		ACUMEN FUND INC	C	$4,940,338	$5,190,572	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	$8,817	$796,685	1.00000	Yes (1)	40 WORTH STREET STE 303	NEW YORK	NY	10013	820758236	DE
UNDER THE MANGO TREE
A 412 BYCULLA SERVICE INDUSTRIES C	MUMBAI	IN		BEEKEEPING	IN	ACUMEN FUND INC	C	$229,835	$90,025	0.82140	Yes (1)
ACUMEN EA ADVISORY SERVICES LTDGTE
3RD FLOOR ABC TOWERS WAIYAKI WAY	NAIROBI	KE		ADVISORY SERVICES	KE	ACUMEN FUND INC	C	$1,703,454	$872,042	1.00000	Yes (1)
ACUMEN EAST AFRICA INSTITUTE LIMITED
3RD FLOOR ABC TOWERS WAIYAKI WAY	NAIROBI	KE		NO ACTIVITY	KE	ACUMEN FUND INC	C			1.00000	Yes (1)
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	$344,980	$103,027	1.00000	Yes (1)							MAHARASHTRA

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	Yes (1)	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	Yes (1)	SharingOfFacilitiesInd
Paid Employees Sharing	Yes (1)	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	Yes (1)	TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (14 entries)

Transaction TypeTransactionTypeTxt	InvolvedInvolvedAmt	Method Of Amount DeterminationMethodOfAmountDeterminationTxt
ACUMEN FUND WEST AFRICA LTDGTE
B	$734,686	COST
ACUMEN CAPITAL PARTNERS LLC
B	$199,975	COST
ACUMEN PAKISTAN
D	$301,402	COST
ACUMEN FUND ADVISORY SERVICES INDIA PRIVATE LIMITED
F	$182,647	COST
ACUMEN FUND ADVISORY SERVICES INDIA PRIVATE LIMITED
M	$416,431	FAIR MARKET VALUE
ACUMEN ADVISORY LLP
M	$350,000	FAIR MARKET VALUE
ACUMEN EA ADVISORY SERVICES LTD
M	$1,673,051	FAIR MARKET VALUE
ACUMEN LATIN AMERICA CAPITAL PARTNERS LLC
Q	$147,390	COST
ACUMEN CAPITAL PARTNERS LLC
Q	$348,318	COST
ACUMEN CAPITAL MARKETS LP
Q	$57,075	COST
ACUMEN CAPITAL MARKETS LP
S	$1,629,472	COST
KAWISAFI VENTURES LIMITED
B	$2,800,942	COST
ACUMEN RESILIENT AGRICULTURE FUND LP
B	$244,483	COST
ACUMEN LATIN AMERICA EARLY GROWTH FUND
B	$212,462	COST

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	SCHEDULE R, PART III:	FormAndLineReferenceDesc
Explanation	ACUMEN FUND, INC. DIRECTLY INVESTS IN KAWISAFI VENTURES LIMITED ("KAWISAFI"). ACUMEN CAPITAL PARTNERS, LLC ("ACP") WHICH IS SOLELY OWNED BY ACUMEN FUND, INC. IS A MANAGING MEMBER OF KAWISAFI AND ACP OWNS 100% OF ACUMEN CAPITAL MARKETS INVESTMENT, LLC WHICH WAS ESTABLISHED TO HOLD SHARES IN KAWISAFI. ACUMEN FUND, INC. DIRECTLY INVESTS IN ACUMEN LATIN AMERICA EARLY GROWTH FUND, LP ("ALEG"). ACP WHICH IS SOLELY OWNED BY ACUMEN FUND, INC. OWNS 49% OF ACUMEN CAPITAL MARKETS LATIN AMERICA EARLY GROWTH LLC WHICH IS A GENERAL PARTNER OF ALEG. ACUMEN FUND, INC. THROUGH ACP THROUGH ACUMEN RESILIENT AGRICULTURE CAPITAL INVESTMENTS LLC (A DISREGARDED ENTITY TO ACP) IS A GENERAL PARTNER TO ACUMEN RESILIENT AGRICULTURE FUND LP.	ExplanationTxt