ICONIQ Capital · 2021-06-20 · 1810d

Larsen Lam ICONIQ Impact Award: Mobilizing $24.25M to Empower Refugee-Led Organizations

ICONIQ Impact announced the Larsen Lam ICONIQ Impact Award, a $24.25 million grant competition funding innovative solutions for refugee wellbeing, with the primary recipient Resourcing Refugee Leadership Initiative (RRLI) receiving $10 million. The award aims to shift power and resources to refugee-led organizations (RLOs), which collectively reach over one million refugees globally. The funding highlights a critical gap in the humanitarian system where only 0.05% of the $30 billion annual humanitarian funding reaches RLOs.

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Metrics in this report

Annual Humanitarian System Funding

30$B

annual cycle

Global humanitarian sector

Collective Refugee Population Reach

1M

minimum

Five award finalist organizations

Global Forcibly Displaced Population

80M

historic high

UNHCR latest report

Initial Grant Contribution

10$M

primary

Chris Larsen and Lyna Lam commitment

Peer-to-Peer Fundraising Results

12.25$M

mobilized

ICONIQ community donors

RLO Funding Share of Humanitarian System

0.05%

current

Of $30B annual humanitarian funding

Secondary Foundation Contribution

2$M

additional

Sea Grape Foundation

Total Award Funding

24.25$M

final total

Larsen Lam ICONIQ Impact Award