A group that has really captivated my interest this year has been the Acumen Fund. They do amazing work towards creating change and sustainable solutions to global poverty issues with people at the center. Check out their work and what they do, I would encourage you all to get involved in the new year! Have a good one!
Acumen Fund 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.
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 their capital to reinvest in new philanthropic ventures.