ICONIQ Capital · 2021-05-04 · 1857d

RRLI Awarded $10 Million Larsen Lam ICONIQ Impact Award to Transform Refugee-Led Organization Funding

The Resourcing Refugee Leadership Initiative (RRLI), a coalition of five refugee-led organizations across Lebanon, Egypt, Indonesia, Uganda, and Colombia, has been selected to receive a $10 million award from sponsors Chris Larsen and Lyna Lam. The funding will establish the first RLO-to-RLO fund, enabling pooled capital to support refugee-led organizations globally. The initiative addresses the critical underfunding of refugee-led organizations, which receive only 0.05% of the $30 billion annual humanitarian funding despite providing essential services in dangerous environments.

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Metrics in this report

Annual Humanitarian Funding Volume

30$B

approximately

Total capital cycling through global humanitarian system annually

Humanitarian Funding to RLOs

0.05%

of total

Annual humanitarian system funding directed to refugee-led organizations

Larsen Lam ICONIQ Impact Award

10$M

single grant

Award to RRLI for RLO-to-RLO fund establishment

StARS Program Team Operations

37teams

across

Teams coordinated across five programmatic areas at StARS

StARS Youth Staff Composition

20%

of workforce

Percentage of StARS staff comprised of refugee youth