The
Legatum Foundation's mission is to create pathways from poverty to
prosperity, see lives and communities transformed and donors
experiencing the power of service and the joy of giving. Inspired by the
belief that every life is of infinite value - and guided by their
investment principles - Legatum seeks to demonstrate that the most
powerful change agent of all is not money but empowered individuals
working together to improve their wellbeing.
For
over a decade, the Foundation has funded over 1,500 small,
community-based organisations across the developing world, addressing
unmet needs. Through these efforts, it not only attempts to ameliorate
circumstances, but also tries to catalyse transformation for people,
their families and community. Each of its projects, which typically
last between three and five years, aims to reduce barriers to
opportunity and ignite hope.
The
Foundation looks for projects which offer the possibility of
improvements to the whole system, not simply in one place. It aims to
honour the dignity of the voiceless and vulnerable in society, not as
people defined by their poverty, but as people with great potential.
Over
the years ,Legatum has originated, incubated and scaled
ground-breaking interventions that tackle some of the biggest
challenges of our generation, which include the END Fund, to control and
eliminate NTDs; the Freedom Fund, to combat modern slavery; the Luminos
Fund, to get out-of-school children back into school and learning; the
Legatum Institute, a think tank which focuses on shaping the values,
ideas and policies which will transform society and see all people
prosper; and the Legatum Center at MIT, to create principled leaders who
want to change the world. These philanthropic investment funds are
dedicated charitable funding vehicles open to external investors.
Operating with the discipline of an investment fund, our aim is to
mobilise hundreds of millions of dollars to scale up proven
interventions globally.
The
Legatum Foundation’s ultimate goal is to stimulate a paradigm shift in
philanthropy, creating an open, transparent and vibrant marketplace for
ideas with greater accountability and more efficient ways to ensure that
investment delivers the best outcomes.
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