Three leading anti-slavery activists and donors, Humanity United, the Legatum Foundation, and Walk Free Foundation, announced plans to launch the Freedom Fund, an ambitious seven-year effort to raise and deploy $100 million or more to combat modern-day slavery. By leveraging donor funds to significantly increase the impact of existing and new anti-slavery initiatives and enabling the scaling up of successful programs globally, the Freedom Fund aims to measurably reduce modern-day slavery by 2020. There will be an emphasis on providing resources to grassroots organizations working on the front lines to free and rehabilitate survivors of trafficking. The official launch of funding is anticipated in 2014.
Humanity United, the Legatum Foundation, and Walk Free Foundation have each committed $10 million to seed the Fund and will seek to extend the partnership to others who share the same passion and commitment to the cause. The partners’ initial funding will be used to establish the organization and quickly begin directing resources to areas of need.
“What has been missing in the fight against modern slavery is a collaboration of effective resources and targeted efforts focused on outcomes,” said Andrew Forrest, founder of Walk Free Foundation. “We invite those who share our vision to unite and become part of that solution.”