New York · Nonprofit
THE FREEDOM FUND
THE FREEDOM FUND (New York) receives grants from 31 organizations whose IRS filings report $56,190,979 to it, the largest being Silicon Valley Community Foundation ($35,010,000). 13 of them have funded it in more than one year, and 79% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2024
- $20M
- Funders on record
- 31
- Grants received
- $56M
- Net assets
- $36M
What The Freedom Fund does
Mission
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 organizations 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.
As stated on its FY2024 Form 990.
Programs
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 measurable 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.
$11,149,470 spentof which $7,443,338 as grants63% of program spendingMovement 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.
$3,376,854 spentof which $1,872,666 as grants19% of program spendingGlobal 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.
$2,036,705 spentof which $1,306,356 as grants12% of program spendingQuality and learning
$1,070,507 spentof which $225,606 as grants6% of program spending
The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $17,633,536.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $13M to $52M (+312%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2019 0% · 2020 4% · 2021 7% · 2022 37% · 2023 36% · 2024 23%. Grants only. Government contracts and fees sit inside program revenue.
91% of THE FREEDOM FUND’s revenue is contributions — more donation-reliant than the typical peer (80% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Board chair
Molly Gochman
Chair
As listed on its FY2024 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 4 funders to 8 funders, grant income fell $4.3M → $2.2M.
12 of 31 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 79% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of THE FREEDOM FUND’s funders (the co-funder graph). Top 30 of 31 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
THE FREEDOM FUND leans on a few funders — its largest provides 62% of grant income and the top three 82%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
80% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund THE FREEDOM FUND.
Largest funder’s share by year: 2017 58% · 2018 81% · 2019 76% · 2020 54% · 2021 96% · 2022 29% · 2023 38% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
15% of THE FREEDOM FUND's funders are still giving 3 years after their first grant; 42% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
79% of THE FREEDOM FUND's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $12M that is directly attributable, 98% of it comes from funders outside New York, across 12 states.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $44M arriving through sponsors registered in 9 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
THE FREEDOM FUND's revenue grew 28% between 2017 and 2024.
this organization peer median middle 50% of peers· 828 philanthropy nonprofits $10M–$100M, FY2024
Organizations like THE FREEDOM FUND
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In New York
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
77% of spending goes to programs.
Governance
Public support
81%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 21 states
Part of a family of 3 related entities
- The Freedom Fund UK · exempt
- The Freedom Fund Ethiopia · exempt
- The Freedom Fund Brazil · exempt
Screen this organization
A dated, signed PDF of the compliance screen for THE FREEDOM FUND: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds THE FREEDOM FUND?
- THE FREEDOM FUND (New York) receives grants from 31 organizations whose IRS filings report $56,190,979 to it, the largest being Silicon Valley Community Foundation ($35,010,000). 13 of them have funded it in more than one year, and 79% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does THE FREEDOM FUND have?
- IRS filings report 31 organizations giving $56,190,979 in grants to THE FREEDOM FUND, 13 of which have funded it in more than one year.
- Who is the largest funder of THE FREEDOM FUND?
- Silicon Valley Community Foundation is the largest funder on record, with $35,010,000 in grants. The full list of funders is on this page.
- How can an organization like THE FREEDOM FUND find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 31 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing