The Legatum SI Fund
From 2007-2017, the Legatum Foundation organised and structured its granting according to the Strategic Initiative model, which enabled us to coordinate the efforts of otherwise isolated programmes and increase the size and depth of the impact over a three to four-year implementation period.
SI Fund I saw 12 million lives changed from 2007 to 2010, and included 22 strategic initiatives – 150 projects – across 19 countries.
SI Fund II, which ran from 2011 to 2014, included 7 strategic initiatives and 62 projects in seven countries. The fund delved into five sectors including Conflict and Disaster Recovery, Economic Empowerment, Education, Health, and Human Liberty. Over the course of the three years more than 2,465,665 people were impacted, with an average cost per life of $6.81.
The Legatum Foundation's SI Fund III, covering the period 2014 to 2017, included 59 projects in 7 countries. The fund focused on 4 strategic initiatives including Nepal Human Liberty, Ethiopia Speed Schools, China Social Sector Pioneers and the Accelerator Fund. Over the course of the three years more than 433,500 unique lives were impacted, with an average cost per life of $19. Overall, 91% of projects achieved or overachieved their benchmarks.
Today, the Legatum Foundation focuses on five strategic philanthropic investments, including the END Fund, to control and eliminate NTDs; the Freedom Fund, to combat modern slavery; the Luminos Fund, to create education innovations to unlock the light within every child; the Legatum Institute, to enable prosperous societies; and the Legatum Center for Development and Entrepreneurship at MIT, to create principled leaders who want to change the world.