Acumen Fund’s mission is to create a world beyond poverty by investing in social enterprises, emerging leaders and breakthough ideas. The elegance and power of “Patient Capital” and "Investments not Grants” changes the way the world thinks about and tackles poverty by combining philanthropy with markets. An entire nonprofit venture capital industry has developed around this approach of “impact investing”. The Acumen Fund model connects to human rights through the focus on dignity not dependence.
Jacqueline Novogratz and her team at Acumen richly deserve the recognition received with this December cover story of Forbes Magazine.