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Freedom Fund – Powering possibility with trust
Unrestricted, multi-year grants to NGOS, allowing the freedom decide where resources are most needed.
The Freedom Fund was launched to enable resilience, innovation, and systemic change by trusting leaders to make the best decisions for their organization.
Over 28 members support the fund, with Promisors spearheading selection and disbursement. The trust-based model changes how philanthropy works.
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How the fund functions
Three-year, unrestricted grants
Selection via rigorous, Promisor-led process
Selection via rigorous, Promisor-led process
Trust-based model with zero micromanagement
At the 2023 LMP Annual retreat, we identified a key problem: most grants are restricted to programs, leaving nonprofits struggling to thrive. This led the promisors to collaboratively launch the LMP Freedom Fund – a trust-based, multi-year grant. Since then, we have disbursed nearly ₹3.5 crores, catalysing significant organizational growth among our grantees.
- Dr. KK Prahalathan
Impact so far
₹3.75+ cr
Disbursed
Project Potential
The Freedom Fund supported them to carry out youth-led rural development projects as part of the NGO’s mission to build a skilling ecosystem in Bihar.
Shiksharth
The Freedom Fund enabled the NGO to focus on core operations and long-term sustainability in its mission to reimagine the life and education of children in conflict-affected tribal areas of Chhattisharh.
Every aspect of the fund — from due diligence to monitoring — is run voluntarily by Promisors.
Vanavil Trust
The Freedom Fund provided funds for uninterrupted project implementation for the NGO whichworks to educate children from the nomadic communities of Tamil Nadu.
Dean foundation
The Freedom Fund supported the Foundation in its palliative care work for the homeless, terminally ill, and destitute in Chennai.
Vihaan
The Freedom Fund supported grassroots work in various parts of India to protect vulnerable women and children from human trafficking.
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