Freedom Fund

Last updated

Freedom Fund
Formation26 September 2013 (2013-09-26)
Founders Humanity United
Legatum
Walk Free Foundation
TypeUnited States 501(c)(3) public charity
Registration no.United States 30-0805768, United Kingdom 1158838
HeadquartersLighterman House
26-36 Wharfdale Road
London, N19RY, UK
Staff
12
Website freedomfund.org

The Freedom Fund is an international non-profit organisation dedicated to identifying and investing in the most effective frontline efforts to end slavery. [1] [2] In 2017, the International Labour Organization reported that on any given day in 2016, there were 40 million people living in modern slavery worldwide across a wide range of industries. [3]

Contents

The Freedom Fund was founded in September 2013, by three leading anti-slavery donors, Humanity United, the Legatum Foundation and the Walk Free Foundation [4] and officially announced by President Bill Clinton at the Clinton Global Initiative on September 26, 2013 where he declared "this is a huge deal and we should all support this." [5]

Mission and values

The Freedom Fund has set a target of raising USD $100million by 2020 and investing it to bring about much needed strategic focus to the fight against modern slavery. [6] To achieve this, The Freedom Fund has focused its activities on three main areas: [7]

Hotspot projects – The Freedom Fund partners with frontline organisations to directly combat slavery in defined regions with a high concentration of slavery. [8] They do this by setting up "hotspot" projects - clusters of the most effective community-based organisations in these regions. Partnering with these organisations in some of the world's poorest and most marginalised communities is difficult, demanding and time intensive, but it is also one of the most effective ways to achieve large scale and sustainable change. The Freedom Fund's northern India hotspot has been in place since 2014, and as of December 2017, had liberated over 11,000 people from modern slavery. [9] The Freedom Fund's hotspots are located in central Nepal, Ethiopia, northern India, south-eastern Nepal, southern India and Thailand. [10]
Global initiatives - The Freedom Fund tackles underlying systems that allow slavery to persist. They do this in their hotspots, engaging the government, private sector, media, social movements, and other key drivers of change. They also do it by catalysing action on selected global issues and industries that have a direct link to their hotspots. This allows the Freedom Fund to tackle systemic issues like slavery in fishing, migration, or to help develop new technological tools or legal initiatives. [11] In March 2015, the Freedom Fund and C&A Foundation announced a partnership to tackle forced labour in the textile industry. [12]
Movement building initiatives - The Freedom Fund helps to build and empower a global anti-slavery movement, providing the platforms, tools and knowledge for organisations to connect and work together more effectively. [13] [14]

Leadership

The Freedom Fund's inaugural CEO, Nick Grono, has written articles on modern slavery for the Huffington Post , [15] Newsweek , [16] The Guardian , [17] as well as the Freedom Fund blog. [18] Grono previously served as Deputy President and COO of the Brussels-based International Crisis Group [19] and as CEO of the Walk Free Foundation, an international anti-slavery organisation. During his tenure, the Walk Free Foundation built a global anti-slavery movement with over five million supporters and launched the first ever Global Slavery Index. [20] Grono joined Freedom Fund in December 2013. [21] [22]

Impact

Freedom Fund operates as a meta-charity which disburses grants to local partners who directly implement anti-slavery initiatives. [23] Freedom Fund requires funding recipients to evaluate their performance using a common set of metrics, answering questions including "How many people are being reached directly?" and "[What's the] cost per person to each project?".

As of June 2020 the Freedom Fund reported to have: [24]

COVID-19 emergency fund: In response to the 2019–2020 coronavirus pandemic, The Freedom Fund set up a COVID-19 emergency fund which offered immediate, small scale support to frontline responders in disadvantaged communities in Brazil, Ethiopia, India, Myanmar, Nepal, and Thailand. Monetary assistance was used for food, shelter, protective equipment for medical professionals, sanitation, and other immediate virus-related needs. [25]

Reports

See also

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