THE FREEDOM FUND

Our vision is a world free of slavery

Brooklyn, NY   |  www.freedomfund.org

Mission

Our mission is to mobilise the knowledge, capital and will needed to end slavery. We identify and invest in the most effective frontline efforts to eradicate modern slavery in the countries and sectors where it is most prevalent. Partnering with visionary investors, governments, anti-slavery organisations and those at risk of exploitation, we tackle the systems that allow slavery to persist and thrive. Working together, we protect vulnerable populations, liberate and reintegrate those enslaved and prosecute those responsible.

Ruling year info

2014

CEO

Mr. Nick Grono

Main address

315 Flatbush Avenue, #406

Brooklyn, NY 11217 USA

Show more contact info

EIN

30-0805768

NTEE code info

International Human Rights (Q70)

Protection Against and Prevention of Neglect, Abuse, Exploitation (I70)

Women's Rights (R24)

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

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Communication

Programs and results

What we aim to solve

SOURCE: Self-reported by organization

An estimated 40.3 million people are enslaved in the world today. Modern slavery entraps men, women and children forced to work long days in dangerous and punishing conditions. Victims of modern slavery are controlled and exploited for commercial or personal gain. Built on intricate and sophisticated structures of bribery, deceit, coercion and profiteering, slavery thrives on and reinforces discrimination and inequality. It drains human and public resources, slows economic growth, causes environmental degradation, breeds and depends on corruption and benefits from conflict and instability. Slavery disproportionately affects women, children and the most impoverished and vulnerable groups in society. In short, it negatively affects a whole range of international sustainable development goals and represents one of the worst human rights violations. Ending slavery not only extinguishes an injustice, it allows people to freely contribute to their community, creating greater prosperity.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Introduction

At the Freedom Fund, we are proud to be part of a global movement that is ending modern slavery, and we value the knowledge of those most directly affected by slavery.

We fight slavery through three targeted, mutually reinforcing approaches. Taken together, these approaches help move vulnerable communities from isolation to connection and power, challenging the systems that allow slavery to persist.

Population(s) Served

Many interventions to tackle human rights challenges suffer from a lack of focus, with philanthropic resources being spread too thinly to produce real impact. We concentrate our efforts on a small number of slavery hotspots, investing in a range of interventions that reinforce each other to maximise impact. We currently support some 130 partners in eight hotspots across Brazil, Ethiopia, India, Nepal, Thailand and Myanmar, with two new hotspot locations in Bangladesh and Indonesia launching in 2021. Investing in the grassroots organisations that know what it takes to end slavery is highly impactful and provides excellent value for money.

Population(s) Served

Our global initiatives address critical issues relevant to the prevention and eradication of modern slavery. Built around four inter-related themes – supply chains, strategic litigation, safer migration and treatment of mental trauma – our initiatives are informed by our frontline work and generate knowledge, solutions and actions that influence key actors to end modern slavery.

Legal Strategies: Seeks to develop and test new avenues of legal accountability and strengthen the enforcement existing legal frameworks on slavery.

Supply Chains: Seeks to eliminate modern slavery in corporate supply chains by focusing on key levers of reform throughout the supply chain ecosystem.

Treatment of Mental Trauma: Seeks to identify and test approaches to treating mental health and trauma among victims and survivors of slavery in low resource settings and foster an informed and global discourse on this issue.

Safer Migration: Seeks to generate robust evidence on what puts migrant workers at risk of exploitation and what interventions and strategies are needed to mitigate the risk.

Population(s) Served

We strengthen the global movement of anti-slavery activists by providing the platforms, knowledge and tools for them to connect and work together more effectively. Through programs like Freedom Rising, we’re building a powerful and representative anti-slavery movement led by women and survivors.

Population(s) Served

Where we work

Lives impacted

This metric is no longer tracked.
Totals By Year
Population(s) Served

Adults, Children and youth

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

Lives impacted across all hotspots (new individuals, per annum)

Number of people liberated

This metric is no longer tracked.
Totals By Year
Population(s) Served

Adults, Children and youth

Type of Metric

Outcome - describing the effects on people or issues

Direction of Success

Increasing

Context Notes

People liberated across all hotspots (new cases, per annum)

Number of at-risk children in school

This metric is no longer tracked.
Totals By Year
Population(s) Served

Children and youth

Type of Metric

Context - describing the issue we work on

Direction of Success

Increasing

Context Notes

At-risk children in school across all hotspots (new enrolments, per annum)

Legal cases assisted

This metric is no longer tracked.
Totals By Year
Population(s) Served

Adults, Children and youth

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Community freedom groups supported

This metric is no longer tracked.
Totals By Year
Population(s) Served

Adults, Children and youth

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Micro-enterprises started

This metric is no longer tracked.
Totals By Year
Population(s) Served

Adults, Children and youth

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Lives impacted by our Emergency Response Fund to the 2020 covid-19 pandemic

This metric is no longer tracked.
Totals By Year
Population(s) Served

Adults, Children and youth, Economically disadvantaged people, Victims and oppressed people

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

As a response to the 2020 outbreak of the covid-19 pandemic, the Freedom Fund mobilised support and created an Emergency Response Fund to aid our partner organisations and their communities.

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

Our vision is a world free of slavery, and we believe in the transformative power of community-led interventions. Victims of modern slavery share underlying vulnerabilities that include poverty, isolation and discrimination. The Freedom Fund’s role is to help move marginalised communities from vulnerability to power. We do this by identifying frontline groups working in communities affected by slavery. These grassroots organisations hold the key to ending modern slavery, but working in isolation, their impact is limited. The Freedom Fund scales the work of these frontline organisations, bringing them together for outsized impact. We strategically invest philanthropic dollars to maximise social outcomes. And what makes the Freedom Fund different is that we rigorously measure what works and invest in the interventions that are most effective to end modern slavery. Together with our partners, we are dismantling the systems that allow slavery to persist.

Work on the frontlines: We partner with frontline organisations to directly combat slavery in defined regions where it is highly concentrated. Partnering with frontline groups from marginalised communities is an effective ways to achieve large scale impact.

Drive systems change: We tackle systems change by supporting grassroots organisations on the frontline of the fight against slavery, and we complement this support by engaging directly with governments, businesses and media through our global initiatives.

Strengthen the global movement: We provide the platforms, knowledge and tools for anti-slavery activists to work together more effectively. Through programs like Freedom Rising, we’re building a powerful anti-slavery movement led by women and survivors.

Raise new capital: We bring new funding and innovative investors into the anti-slavery space, with the goal of mobilising the capital needed to work on the frontlines, drive systemic change and strengthen the anti-slavery infrastructure globally.

We bring a global perspective, to match the scale of the problem with vision and resources. We invest in best-of-class anti-slavery interventions, scaling those that succeed. We share our knowledge, to encourage best practice and greater collaboration in the sector. We measure impact, to improve our investment strategy over time. We align diverse disciplines, to develop more effective approaches to end slavery.

To date, we have directly impacted over 900,000 people in slavery or at risk of it. Beyond these numbers, we’re training over 130 frontline partners to become highly influential advocates of systems change. Such change can help prevent millions of vulnerable communities from falling into slavery.

Ultimately, the last step on the journey from vulnerability to connection and power is systems change. The Freedom Fund defines this change as transforming the systems that allow slavery to persist. By systems, we mean the root factors that enable slavery, such as vulnerable communities, failing legal systems, irresponsible business practices, weak civil society and others.

We tackle systems change by supporting grassroots organisations on the frontline of the fight against slavery, and we complement this support by engaging directly with governments, businesses and media through our global initiatives. By addressing cross-cutting issues like safer migration, mental health, strategic litigation and supply chains, we make it possible for millions of more vulnerable people who do not interact directly with our frontline partners to benefit from better anti-slavery policies.

Financials

THE FREEDOM FUND
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Operations

The people, governance practices, and partners that make the organization tick.

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Connect with nonprofit leaders

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  • Analyze a variety of pre-calculated financial metrics
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  • Compare nonprofit financials to similar organizations

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THE FREEDOM FUND

Board of directors
as of 02/22/2022
SOURCE: Self-reported by organization
Board chair

Mr. Alan McCormick

Legatum

Andrew Doust

Plenitude Partners

Molly Gochman

Stardust Fund

Felicity Gooding

Minderoo Foundation

Grace Forrest

Minderoo Foundation

Natasha Dolby

Dolby Ventures

Kevin Bales

University of Nottingham

Alan McCormick

Legatum Foundation

Philippe Sion

Humanity United

Mahendra Pandey

Humanity United

Diane Edgerton Miller

Cassiopeia Foundation

Organizational demographics

SOURCE: Self-reported; last updated 4/23/2021

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Male, Not transgender

Race & ethnicity

No data

Gender identity

Transgender Identity

Sexual orientation

No data

Disability

No data

Equity strategies

Last updated: 11/30/2020

GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more

Data
  • We disaggregate data to adjust programming goals to keep pace with changing needs of the communities we support.
  • We have long-term strategic plans and measurable goals for creating a culture such that one’s race identity has no influence on how they fare within the organization.
Policies and processes
  • We help senior leadership understand how to be inclusive leaders with learning approaches that emphasize reflection, iteration, and adaptability.
  • We measure and then disaggregate job satisfaction and retention data by race, function, level, and/or team.
  • We engage everyone, from the board to staff levels of the organization, in race equity work and ensure that individuals understand their roles in creating culture such that one’s race identity has no influence on how they fare within the organization.