Finance Score: 4

Governance Score: 6

Support Score: 10

Poor Liquidity: -1
Strong growth: +2
Fundraising costs low: +3

Dynamic board: +3
Gender balanced board: +3

Endorsed
Overall weighted support: +10

Overall GiG Score: 20

THE FREEDOM FUND UK

THE FREEDOM FUND IS A PHILANTHROPIC INITIATIVE DESIGNED TO BRING MUCH-NEEDED STRATEGIC FOCUS AND FINANCIAL RESOURCES TO THE FIGHT AGAINST MODERN SLAVERY. WITH AN EXPERT TEAM AND GLOBAL PERSPECTIVE, THE FREEDOM FUND IDENTIFIES AND INVESTS IN THE MOST EFFECTIVE FRONTLINE EFFORTS TO END SLAVERY IN THE COUNTRIES AND SECTORS WHERE IT IS MOST PREVALENT.

Analysis by Giving is Great

Positives:

The charity has received backing from several prominent grant makers recently
This charity is endorsed by a respected charity impact evaluator
There has been strong growth in spending over the last 5 years
Fundraising costs are unusually low relative to funds raised
The Board appears to be well diversified in terms of gender and dynamic in terms of composition

Regulatory & Governance issues to consider:

Over half the Board have joined recently

Financial issues to consider:

Liquidity appears to have been slender at the latest year end

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E		Income £k	Spending £k	Surplus/ Deficit £k	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff	Volun- teers
31/12/23		£3,533	£3,555	£-22	£5	£71	£71	0.2	44	0
31/12/22		£3,255	£3,277	£-22	£5	£98	£98	0.4	38	0
31/12/21		£2,673	£2,691	£-18	£4	£107	£107	0.5	36	0
31/12/20		£2,680	£2,691	£-11	£4	£133	£133	0.6	30	0
31/12/19		£2,405	£2,536	£-131	£4	£144	£144	0.7	25	0
31/12/18		£355	£276	£79	n/a	n/a	n/a	n/a	n/a	n/a
31/12/17		£265	£302	£-37	n/a	n/a	n/a	n/a	n/a	n/a
31/12/16		£309	£61	£248	n/a	n/a	n/a	n/a	n/a	n/a
31/12/15	*	£0	£2	£-2	n/a	n/a	n/a	n/a	n/a	n/a

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Financial Ratios

Fundraising Costs/Relevant Income: 0.1%
Fundraising Costs/Total Spending: 0.1%
Senior Staff Costs/Total Spending: 34%
Highest pay band: £200,000-£250,000
Liabilities/Assets: 90%
Liabilities/Income: 19%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 0.2 months
Net Current Assets/Spending: -0 months
Quick Ratio: 0.5

Asset Split ?

Balance Sheet History

Established: 10 years

http://www.freedomfund.org/

info@freedomfund.org

02037772200

Charity Commission for England and Wales

Tweets

Listed activities

Education/Training
Human Rights/Religious Or Racial Harmony/Equality Or Diversity
The Prevention Or Relief Of Poverty

GiG Classification

Grant-making foundations

How it operates

Makes grants to organisations
Provides advocacy/advice/information
Sponsors or undertakes research

Where it operates

India, Nepal, United States,

Who it helps

Other Charities Or Voluntary Bodies
Other Defined Groups
The General Public/Mankind

Who supports them? ?

Donations from Grant Makers ?

We have details on the following donations. Multi-year donations are allocated to the years for which they are earmarked.

Specific Donations

Amount	When Months	To be used for
Postcode Justice Trust - Special Award 2023-2024
£500,000	02/02/2023	One-off award
Home Office - Modern Slavery Innovation Fund (MSIF)
£219,705	28/07/2021	The Modern Slavery Fund aims to prevent modern slavery in priority countries and contribute towards the UN Sustainable Development Goal to end modern slavery The MSIF is for funding innovative, potentially transformational projects (approved ....more The Modern Slavery Fund aims to prevent modern slavery in priority countries and contribute towards the UN Sustainable Development Goal to end modern slavery The MSIF is for funding innovative, potentially transformational projects (approved submission dated 04/03/16) in pursuit of this objective. The MSF will focus its work in countries that are key source countries for victims of Modern Slavery found in the UK.
Home Office - Modern Slavery Innovation Fund (MSIF)
£166,495	01/04/2020	The Modern Slavery Fund aims to Âprevent modern slavery in priority countries and contribute towards the UN Sustainable Development Goal to end modern slaveryÂ The MSIF is for funding Âinnovative, potentially transformational projectsÂ ....more The Modern Slavery Fund aims to Âprevent modern slavery in priority countries and contribute towards the UN Sustainable Development Goal to end modern slaveryÂ The MSIF is for funding Âinnovative, potentially transformational projectsÂ (approved submission dated 04/03/16) in pursuit of this objective. The MSF will focus itÂs work in countries that are key source countries for victims of Modern Slavery found in the UK.
Comic Relief - Tackling the commercial sexual exploitation of children in Nepal
£700,000	29/11/2017 24	This work tackles the trafficking and commercial sexual exploitation of girls, boys and women within Nepal. More coordinated and effective local activist organisations will better support children to leave abusive and exploitative situations, ....more This work tackles the trafficking and commercial sexual exploitation of girls, boys and women within Nepal. More coordinated and effective local activist organisations will better support children to leave abusive and exploitative situations, recover, and access school or training to help them onto living a safer and more fulfilling life. Adults and children in communities will be helped to provide information and mutual support to avoid children seeking or being recruited into work which might put them in danger of abuse. Law makers and enforcers will be better equipped to discourage and punish those who exploit children, and more motivated to help survivors seek justice.

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (7)

Current Trustees appointed

Gender Split

Age Range of Trustees: 39-58

ANDREW DOUST Appointed: 2016, Occupation: Vice President Strategy At Legatum

ASIF SHAIKH Appointed: 2024, Occupation: Founder & President Of People’S Courage Internatio

KATHARINE BRYANT Appointed: 2023, Occupation: Head Of Policy & Programs, Walk Free

MICHELLE YUE Appointed: 2024, Occupation: Company Director, The Beam Network

MAHENDRA PANDEY Appointed: 2020, Occupation: Senior Manager, Forced Labor & Human Trafficking

MOLLY SARAH GOCHMAN Appointed: 2016, Occupation: Artist And Human Rights Activist, Stardust Fund

SHRUTI CHANDRASEKHAR Appointed: 2024, Occupation: Regional Lead, Private Equity Investments (Africa)

Legal constitution

Charitable company registered in England & Wales on 10/10/2014, number: 1158838
Registered at Companies House on 06/03/2014, number: 08926428

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Complaints handling
Conflicting interests
Paying staff
Risk management
Safeguarding vulnerable beneficiaries

Filing Record

9 returns made; AR15: 79 days late,

Main office

Lower Ground Floor
Caledonia House
223 Pentonville Rd
London

Objectives

THE CHARITY'S OBJECTS ARE TO PROMOTE HUMAN RIGHTS (AS SET OUT IN THE UNIVERSAL DECLARATION OF HUMAN RIGHTS AND SUBSEQUENT UNITED NATIONS CONVENTIONS AND DECLARATIONS) THROUGHOUT THE WORLD BY ALL OR ANY OF THE FOLLOWING MEANS:1) THE REDUCTION AND ERADICATION OF HUMAN TRAFFICKING IN ALL ITS FORMS, INCLUDING THE ADOPTION OF MEANS BY WHICH TO COMBAT MODERN SLAVERY;2) THE PREVENTION AND RELIEF OF SUFFERING OF THE VICTIMS OF HUMAN TRAFFICKING AND OTHER MODERN FORMS OF SLAVERY BY PROVIDING MEDICAL, PSYCHOLOGICAL, EDUCATIONAL, SOCIAL AND OTHER SUPPORT SERVICES TO SUCH PERSONS;3) THE RELIEF OF FINANCIAL AND OTHER HARDSHIP OF THE VICTIMS OF HUMAN TRAFFICKING AND OTHER MODERN FORMS OF SLAVERY;4) THE PROMOTION OF RESEARCH INTO ALL ASPECTS OF HUMAN TRAFFICKING AND MODERN SLAVERY AND THE DISSEMINATION OF THE USEFUL RESULTS OF SUCH RESEARCH; AND5) THE ADVANCEMENT OF THE EDUCATION OF THE PUBLIC IN THE CAUSES, MANIFESTATIONS AND CONSEQUENCES OF HUMAN TRAFFICKING AND OTHER MODERN FORMS OF SLAVERY AND THE PROVISION OF RELATED ADVICE AND SUPPORT TO GOVERNMENT BODIES, POLICE FORCES, BORDER AND IMMIGRATION AGENCIES AND OTHER ENFORCEMENT ORGANISATIONS.

Data Sources

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