Larsen Lam ICONIQ Impact Award Allocates $12.25M to Four Refugee-Focused Finalist Organizations
ICONIQ Capital announced the distribution of $12.25 million in additional funding to four finalist organizations of the Larsen Lam ICONIQ Impact Award, complementing the $10 million awarded to the main awardee. The funded organizations implement innovative models for refugee self-reliance including microenterprise development, market systems improvement, education access, and skilled migration pathways across Africa and beyond.
Metrics in this report
12.25$M
total
For four finalist organizations through peer-to-peer engagement
17years
mean
Global average displacement duration for refugees
8$M
primary
From anonymous philanthropist for Village Enterprise-led project
1.25$M
total
Shared equally among all five finalist organizations
70%
median
Of all humanitarian aid funds globally
10$M
total
Awarded to RRLI (Resourcing Refugee Leadership Initiative)
1$M
each
To three organizations: New American Cities, The Global Education Movement, Unlocking Skilled Migration Solutions
2$M
total
To DREAMS for Refugees as part of initial award
20million people
by 2030
Individuals to be lifted out of extreme poverty