Acumen Fund: A Charity With an Unusual Interest in the Bottom Line
By Jennifer Lee, The New York Times, November 14, 2006
The idea befuddled donors and Internal Revenue Service lawyers alike when Jacqueline Novogratz approached them six years ago. A philanthropic venture capital fund?
On one hand, the Acumen Fund would be a nonprofit charity. On the other, it would invest in companies and groups that tackled global poverty.
>> View Article | created on: 11/14/2006
