Instead of giving me stuff for my birthday I'd like you to donate to Acumen Fund on my behalf.
Charities Jordan is Supporting
Acumen Fund is a non-profit global venture fund that uses entrepreneurial approaches to solve the problems of global poverty.
The markets alone cannot solve the problems of poverty; nor are charity and aid enough to tackle the challenges faced by over two-thirds of the world’s population living in poverty. Patient capital is a third way that seeks to bridge the gap between the efficiency and scale of market-based approaches and the social impact of pure philanthropy.
For Acumen Fund, patient capital is understood as a debt or equity investment in an early-stage enterprise providing low-income consumers with access to healthcare, water, housing, alternative energy, or agricultural inputs. The patient capital Acumen provides is accompanied by a wide range of management support services nurturing the company to scale. Our aim in investing patient capital is not to seek high returns, but rather to jump-start the creation of enterprises that improve the ability of the poor to live with dignity.
I selected this charity because I've read great things about Jacqueline Novogratz, who is its head. Make poor people less poor while simultaneously improving the communities in which they live. Ms. Novogratz sometimes speaks at TED.