Stardust Fund Awards $6 Million to Freedom Fund to End Slavery

Stardust Fund Awards $6 Million to Freedom Fund to End Slavery

The , a private London-based fund dedicated to ending modern-day slavery, has announced a three-year, $6 million grant from the Stardust Fund, which is affiliated with the .

The gift from Stardust donor Molly Gochman is the first additional investment in the London-based Freedom Fund, which was established earlier this year by , the , and the . The fund works with local organizations to help free and support victims of slavery in "hot spots" such as India, which is home to more than 14 million of the estimated 35 million enslaved people around the world. Gochman, an artist and human rights activist, will join the fund's board of directors in January 2015 and work as an advocate and ambassador in the fight against slavery.

"Facing significant economic and cultural barriers to ending slavery, the Freedom Fund and its partners are not only working to free millions of slaves now, they strike at core issues that increase the risk of future exploitation," said Gochman. "The Freedom Fund's innovative financing and targeted interventions, grounded in our aligned values, gives me confidence that they will achieve measurable impact and empower an overwhelming number of lives."

"While slavery is illegal in every country in the world, it still exists everywhere and touches us all," said Freedom Fund CEO Nick Grono. "It's in the food we eat, the clothes we wear, and the products we buy. Much more needs to be done to end this crime, which is why we are delighted to welcome the Stardust Fund and Molly Gochman as our partners in the fight against slavery. Stardust's investment will have a substantial impact in the fight to eradicate slavery in this generation."

"." Freedom Fund Press Release 12/17/2014.