Freedom Fund

Freedom Fund Overview

Freedom Fund is located in Brooklyn, NY. The organization was established in 2014. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2019, Freedom Fund employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 12/2019, Freedom Fund generated $16.4m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 8.2% each year. All expenses for the organization totaled $14.9m during the year ending 12/2019. While expenses have increased by 9.1% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Freedom Fund has awarded 58 individual grants totaling $6,583,776. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2019

Describe the Organization's Mission:

Part 3 - Line 1

TO MOBILIZE THE CAPITAL AND KNOWLEDGE NEEDED TO END SLAVERY. WE GENERATE PRIVATE FUNDING BY DEMONSTRATING HOW EFFECTIVE INTERVENTIONS CAN PROTECT THOSE AT RISK OF BEING ENSLAVED AND FREE THOSE IN SLAVERY. WE INVEST IN THOSE COUNTRIES AND SECTORS WITH THE GREATEST INCIDENCE OF SLAVERY. WE ANALYZE WHICH INTERVENTIONS WORK BEST, AND WE SHARE THAT KNOWLEDGE. WE BRING TOGETHER A COMMUNITY OF ACTIVISTS COMMITTED TO ENDING SLAVERY AND EMPOWERED BY THE KNOWLEDGE OF HOW BEST TO DO SO.

Describe the Organization's Program Activity:

Part 3 - Line 4a

HOTSPOTS PROJECTS: THE FREEDOM FUND HAS SELECTED KEY GEOGRAPHIC AREAS KNOWN TO HAVE A HIGH INCIDENCE OF MODERN SLAVERY, WHERE OUR INTERVENTIONS ARE MOST LIKELY TO RESULT IN A MEASUREABLE REDUCTION IN SLAVERY. IN OUR HOTSPOT PROJECTS, WE INVEST IN A RANGE OF COMMUNITY-BASED ORGANIZATIONS TO ENABLE THEM TO PROTECT THOSE AT RISK OF SLAVERY, RESCUE AND REHABILITATE THOSE ENSLAVED, AND PROSECUTE THOSE RESPONSIBLE. THESE HOTSPOT PROJECTS ENCOURAGE COOPERATION BETWEEN LOCAL GRASSROOTS ORGANIZATIONS AND ENSURE AN INTEGRATED, CROSS-DISCIPLINARY APPROACH.


MOVEMENT BUILDING: ORGANIZATIONS AROUND THE WORLD ARE DOING EXCEPTIONAL WORK TO ERADICATE SLAVERY BUT, TOO OFTEN, THESE EFFORTS ARE FRAGMENTED AND UNDERFUNDED. WE AIM TO BUILD A GLOBAL COMMUNITY OF ACTIVISTS, EXPERTS AND DONORS BY PROVIDING THE PLATFORM, KNOWLEDGE, AND TOOLS FOR THEM TO CONNECT AND WORK TOGETHER MORE EFFECTIVELY OVER A SUSTAINED PERIOD. WE USE OUR GLOBAL LEADERSHIP ROLE, AND THE CREDIBILITY CONFERRED BY THE BACKING OF OUR FOUNDERS, TO BRING ACTORS TOGETHER AND ENCOURAGE GREATER COLLABORATION AND COORDINATION.


GLOBAL INITIATIVES: OUR SECTOR INITIATIVES COORDINATE ACTORS AND RESOURCES AROUND A SLAVERY-SPECIFIC ISSUE, INCLUDING SECTORS, INDUSTRIES, OR CIRCUMSTANCES. THIS ALLOWS THE FREEDOM FUND TO TACKLE SYSTEMIC ISSUES LIKE SLAVERY IN FISHING OR CROSS-BORDER MIGRATION WITH NEW TECHNOLOGICAL TOOLS OR LEGAL INITIATIVES. IT FACILITATES A COLLABORATIVE APPROACH AND GREATER COMBINED IMPACT. THE FREEDOM FUND PROVIDES A CHANNEL THROUGH WHICH THOSE WITH FUNDS, KNOWLEDGE, OR INFLUENCE CAN IMPACT INTERNATIONAL ORGANIZATIONS, GOVERNMENTS, MEDIA AND THE CORPORATE SECTOR TO SPEED ACTION.


QUALITY AND LEARNING


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Freedom Fund Vendors

Vendor Name (Service)Compensation
Geneva Global
Program Management Services
$1,287,917
Trinet
Payroll Services
$595,806
Dilhan Attanayake
Web Design And Maintenance
$131,214
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $19,854
All other contributions, gifts, grants, and similar amounts not included above$16,353,066
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$16,372,920
Total Program Service Revenue$0
Investment income $25,504
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $16,398,424

Freedom Fund Grants Awarded

Over the last fiscal year, Freedom Fund has awarded $1,423,099 in support to 17 organizations.

Grant RecipientAmount

HUMAN TRAFFICKING LEGAL CENTER

Org PageRecipient Profile

Washington, DC

PURPOSE: GENERAL SUPPORT

$250,000

Washington, DC

PURPOSE: GENERAL SUPPORT

$250,000

Brooklyn, NY

PURPOSE: GENERAL SUPPORT

$200,000

Washington, DC

PURPOSE: GENERAL SUPPORT

$100,000

SAN DIEGO UNIVERSITY

Org PageRecipient Profile

San Diego, CA

PURPOSE: GENERAL SUPPORT

$96,021

SURVIVOR ALLIANCE

Org PageRecipient Profile

Berkeley, CA

PURPOSE: GENERAL SUPPORT

$78,694
View Grant Profile

Freedom Fund Grants Recieved

Over the last fiscal year, we have identified 6 grants that Freedom Fund has recieved totaling $585,452.

Awarding OrganizationAmount
Marin Community Foundation

Novato, CA

PURPOSE: LEADERSHIP INITIATIVE FREEDOM RISING

$400,000
Fidelity Investments Charitable Gift Fund

Boston, MA

PURPOSE: For grant recipient's exempt purposes

$150,000
Schwab Charitable Fund

San Francisco, CA

PURPOSE: PUBLIC, SOCIETAL BENEFIT

$10,100
Schwab Charitable Fund

San Francisco, CA

PURPOSE: PUBLIC, SOCIETAL BENEFIT

$10,100
Silicon Valley Community Foundation

Mountain View, CA

PURPOSE: International Development

$10,000
$5,252
View Grant Recipient Profile

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