Lodestar, along with the Skoll, Kellogg, and Rockefeller Foundations and Google.org, provided seed money to Acumen Fund to develop the PULSE platform (now integrated into B Analytics), a portfolio management tool for the sector that allows individual social investors to track performance against targets on financial, operational, social and environmental metrics. The platform features both quantitative performance management and qualitative reporting. Beyond providing a more effective means of tracking performance data, PULSE has helped small and growing businesses (“SGBs”) manage their business by identifying inefficiencies and reallocating resources to maximize impact.
Grant Amount: $120,000
Year Granted: 2010
Timeframe: Grant awarded over multiple years
Grantee: Acumen Fund
Grantee Website: Acumen Fund