ACUMEN FUND INC

NEW YORK, NY, 10013-3196 (212) 566-8821 Est. 2001 EIN 13-4166228
Q123— International & Foreign Affairs Form 990 501(c)(3)
WWW.ACUMEN.ORG

Mission

SEE SCHEDULE O

Giving Portfolio

Total Grants
85
Total Giving
$10.7M
Recipients
84
Years Active
2018 - 2024
Avg grant: $121,973 Median: $50,000

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20249$860K $96K36
202315$1.2M $77K132
20223$338K $113K30
202035$4.6M $132K2014
201915$2.7M $177K123
20188$1.1M $137K80

Sectors Funded

International & Foreign Affairs
9
Community Improvement
5
Education
4
Health Care
4
Human Services
3
Environment
1
Philanthropy & Grantmaking
1
Religion-Related
1

Top States

New York
25
California
20
Massachusetts
7
Illinois
4
Delaware
4
New Jersey
4
District of Columbia
4
Virginia
3
and 11 more states

Grantee Size Profile

$1M - $5M
9
$10M - $50M
8
Over $50M
4
$100K - $500K
4
$5M - $10M
2
$500K - $1M
1

Top Grantees

60 DECIBELS INC
NY - 2 grants
$1.5M
CA - 2 grants
$1.0M
SOCIAL INVESTMENT MANAGERS AND ADVISORS LLC
NY
$1.0M
ACUMEN CAPITAL PARTNERS LLC
NY - 2 grants
$712K
$485K
DC - 2 grants
$361K
$275K
and 15 more grantees

Grants Awarded · 32 grants

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Financials

Total Revenue
$46,387,713
Total Expenses
$34,228,367
Net Assets
$204,091,351
140 employees 12 volunteers
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
6.0 years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↓ 12.8%
Expenses ↑ 13.3%
Revenue Sources
Contributions 95.1% Earned revenue 3.2% Investment 0.6% Other 1.0%
Expense Breakdown
Program 77.4% Management 11.7% Fundraising 10.9%

Officers & Trustees (28)

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Filing History (6 filings)

YearRevenueExpensesNet Assets
2024 Form 990$46,387,713 $34,228,367$204,091,351
2023 Form 990$53,208,748 $30,214,319$196,250,739
2022 Form 990$61,117,505 $28,870,332$176,398,365
2020 Form 990$28,858,136 $28,389,297$136,077,859
2019 Form 990$30,966,848 $26,569,877$135,879,359
2018 Form 990$34,621,633 $22,674,343$131,681,787

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EIN: 13-4166228 · Source: IRS Form 990 e-file data