Created: Sep 27, 2005
Updated: Sep 29, 2008
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Acumen Fund

( Foundation )

Organization Info   [Edit]

Activities: Networking, Philanthropy
 
Type: Foundation
 
Scope: international
 
Website: www.acumenfund.org
 
Main Email: info [at] acumenfund.org
 
Contact Name: Jacqueline Novogratz, CEO
 
Phone: 212.566.8821
 
Fax: 212.566.8817
 
Headquarters: 74 Trinity Place, 9th Floor
New York, New York 10006
United States
 
Local Time: Fri Nov 27 05:05:55
 

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About  [Edit]


Acumen Fund is a non-profit global venture fund that uses entrepreneurial approaches to solve the problems of global poverty.



We seek to prove that small amounts of philanthropic capital, combined with large doses of business acumen, can build thriving enterprises that serve vast numbers of the poor. Our investments focus on delivering affordable, critical goods and services – like health, water and housing – through innovative, market-oriented approaches.

Our Mission
Acumen Fund is a non-profit global venture fund that uses entrepreneurial approaches to solve the problems of global poverty. We seek to prove that small amounts of philanthropic capital, combined with large doses of business acumen, can build thriving enterprises that serve vast numbers of the poor. Our investments focus on delivering affordable, critical goods and services – like health, water and housing – through innovative, market-oriented approaches.


Philosophy
Who we are and why we exist
Acumen Fund is a non-profit venture fund that uses entrepreneurial approaches to solve the problems of global poverty.

We build financially sustainable and scalable organizations that deliver affordable, critical goods and services that target the four billion people living on less than $4 a day. We adhere to a disciplined process in selecting and managing our philanthropic investments as well as in measuring the social and financial returns.

How we work
We identify some of the world’s best entrepreneurs and organizations focused on delivering critical, affordable goods and services – such as water, healthcare, and housing – to improve livelihoods, health and opportunities for the poor.

Our investment process
Using the skills of business, the flexible capital of philanthropy, and the rigor of the marketplace, we aim to develop and deliver systems-changing solutions to the world’s problems. Our investment approach focuses on organizational sustainability, strong leadership and scalability through managerial support and financial investment.

Measuring results
Within each investment organization, we focus on the areas of design, pricing, distribution and marketing of critical goods and services to the poor.

We measure and share both social and financial returns of our investments, as well as our own financial sustainability and the strength of our community. Our risk management aims to generate positive returns where possible and recover a substantial portion of our capital to reinvest in new philanthropic ventures.

The Acumen Fund team
The Acumen Fund team has extensive, hands-on international experience with leading public and private sector institutions, in fields as diverse as corporate and investment banking, economic and social development, management consulting, communications, environmental protection, government and politics. We have collectively worked in more than 50 countries across six continents. We possess distinguished academic credentials, including advanced degrees from Stanford, Harvard, Johns Hopkins, UC-Berkeley, MIT, Oxford and Cambridge.





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2386 over 2 years ago
Very good work, please keep it up to reach more peoples around the world.
I am one of social community worker runing non profit
Association for Humanitarian Development, want to be a partner for poor rural women groups at Jati rural area of district Thatt Sindh Pakistan, where your Acumen Fund is already busy in Karachi and Hyderabad
please also include in your partners

A. Khurshid Bhatti
President
Association for Humanitarian Development
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