Publications
Publications
- May 2022 (Revised October 2022)
- HBS Case Collection
The Freedom Fund (A): Ending Modern Slavery
By: V. Kasturi Rangan and Courtney Han
Abstract
The Freedom Fund founded in 2013 to end modern slavery had raised more than half its intended target (by 2025) of $200 million. In 2021, impressed by its decentralized-partnering style of operations, philanthropist MacKenzie Scott awarded the Fund a gift of $35 million over 5 years. The beauty of the gift was that it came with no strings attached. It was completely unrestricted for use the way the company’s management and staff deemed fit. Nick Grono, the organization’s first CEO was wrestling with the question of how to put the money to best use.
Keywords
Social Issues; Corporate Social Responsibility and Impact; Philanthropy and Charitable Giving; Spending; Decisions; India; Thailand; Ethiopia
Citation
Rangan, V. Kasturi, and Courtney Han. "The Freedom Fund (A): Ending Modern Slavery." Harvard Business School Case 522-099, May 2022. (Revised October 2022.)