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The Freedom Fund

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 300805768 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

Overview

What is The Freedom Fund?

The Freedom Fund is a nonprofit organization based in Brooklyn, New York, specifically at 315 Flatbush Avenue 406. Their mission is to challenge systems that enable modern slavery and work towards protecting communities at risk, rescuing and rehabilitating those affected, and prosecuting perpetrators. They focus on key geographic areas with a high incidence of modern slavery, investing in local community-based organizations to ensure an integrated, cross-disciplinary approach. With a team of nine dedicated individuals, The Freedom Fund's interventions aim to result in a measurable reduction in slavery.


Official website here: www.freedomfund.org

Is The Freedom Fund legitimate?

The Freedom Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Freedom Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $682,600
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,057,163

For more financial information, click here


Official website here: www.freedomfund.org

What is the mission statement of The Freedom Fund?

The Freedom Fund is a non-profit organization committed to challenging systems that enable modern slavery to persist and thrive. They prioritize intervention in areas with a high incidence of slavery, investing in community-based organizations for effective protection, rescue, and rehabilitation of enslaved individuals, and prosecution of those responsible. Their hotspot projects encourage collaboration between grassroots organizations and employ an integrated, cross-disciplinary approach to tackle modern slavery. The Freedom Fund aims to protect communities at risk and support the reintegration of individuals leaving slavery.


Official website here: www.freedomfund.org

Who is the CEO of The Freedom Fund?

Nicholas Grono is the Ceo of The Freedom Fund. The CEO's salary of The Freedom Fund is $109,440 and their total compensation is $130,413.


Official website here: www.freedomfund.org

What is the revenue of The Freedom Fund?

The Freedom Fund's revenue in 2022 was $13,472,289.


Official website here: www.freedomfund.org

Who are the executives of The Freedom Fund and what are their salaries?

The average compensation at The Freedom Fund during 2022 was $415,529. There are 9 employees and 8 volunteers at The Freedom Fund.

Here are 15 key members and their salaries (The Freedom Fund's CEO's salary is $109,440 and their total compensation is $130,413):

    Nicholas Grono (Ceo)
  • Compensation: $279,555
  • Related: $0
  • Other: $47,294

    • Amy Rahe (Managing Director Of North America)
  • Compensation: $194,972
  • Related: $0
  • Other: $27,417

    • Dan Vexler (Managing Director Of Programs)
  • Compensation: $131,989
  • Related: $0
  • Other: $13,053

    • Zoe Marshall (Dir. Of Finance/ Secretary)
  • Compensation: $121,238
  • Related: $0
  • Other: $12,124

    • Erin Phelps (Senior Adviser To The Ceo)
  • Compensation: $109,440
  • Related: $0
  • Other: $20,973

    • Havovi Wadia (Director Of Programs)
  • Compensation: $100,273
  • Related: $0
  • Other: $10,016

    • Yuki Lo (Head Of Research And Evaluation)
  • Compensation: $100,225
  • Related: $0
  • Other: $9,524

    • Alan Mccormick (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Felicity Gooding (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Natasha Dolby (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Molly Gochman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Grace Forrest (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Philippe Sion (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mahendra Pandey (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andre Doust From May 2022 (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.freedomfund.org

    Where can I find the form 990 for The Freedom Fund?

    The The Freedom Fund’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.freedomfund.org

    Learn more at the official website: www.freedomfund.org

    Mission Statement of The Freedom Fund

    The Freedom Fund, a renowned organization, is dedicated to challenging the systems that perpetuate modern slavery and empowering those affected by it. By collaborating with like-minds, this entity strives to protect communities susceptible to modern slavery, aid those currently experiencing it in leaving their oppressive situations, and support their reintegration into their communities. The Freedom Fund's efforts extend to prosecuting those responsible for perpetuating this heinous crime.

    Moreover, The Freedom Fund strategically focuses on key geographic areas with a high prevalence of modern slavery. In these "hotspot projects," the organization invests in a variety of community-based organizations. These partnerships enable local grassroots organizations to protect individuals at risk of slavery, rescue and rehabilitate those ensnared in it, and prosecute the perpetrators. By fostering collaboration and adopting a cross-disciplinary approach, The Freedom Fund's hotspot projects aim to create a significant reduction in instances of modern slavery.

    Impact

    This information is meant to be a general summary of The Freedom Fund. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Freedom Fund focuses on challenging the systems that allow modern slavery to persist and thrive. Their hotspot projects target geographic areas with a high incidence of modern slavery, aiming to protect vulnerable communities, rescue and rehabilitate individuals enslaved, and prosecute those responsible. By investing in community-based organizations and promoting cooperation between local grassroots groups, The Freedom Fund works towards a measurable reduction in slavery. Their efforts not only assist those experiencing modern slavery but also support their reintegration into society while advocating for systemic change.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $99,895
  • Program Service Revenue: $0
  • Gross Receipts: $13,472,289

    • Assets and Liabilities:
  • Total Assets: $45,895,614
  • Total Liabilities: $1,296,898
  • Net Assets: $44,598,716
  • Organization Details

    Founding Year

    2013

    Principal Officer

    Nicholas Grono

    Main Address

    315 FLATBUSH AVENUE 406, BROOKLYN, NY, 11217

    NTEE Category

    Code: T30 - Philanthropy

    If you are a representative of The Freedom Fund and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.