De-Carceration Fund

What is De-Carceration Fund?

The De-Carceration Fund is an investment fund that focuses on early-stage investment in innovative enterprises aiming to disrupt the U.S. criminal justice system ethically. They invest in and support companies working to alleviate the suffering caused by the criminal justice system. By doing so, the fund takes a unique approach by seeking to return power to those from whom it has been taken.

The De-Carceration Fund operates under the notion that the financial and social costs of incarceration are immense, with 2.3 million incarcerated individuals in the U.S. costing about $35,000 per year each, and the indirect societal costs ballooning to approximately $260 billion.

Furthermore, the recidivism rate is high, with over 50% of incarcerated individuals returning to prison within three years. The fund's investment thesis is based on the belief that the current funding perpetuates an expensive and failing system.

Hence, the De-Carceration Fund focuses on three key objectives: preventing entry into the criminal justice system, reducing suffering for those within it, and ending the cycle of recidivism.

The areas of interest for the fund include gun control, cash bail reform, foster care, law enforcement reform, domestic violence, public safety, juvenile justice, legal cost mitigation, prison programming, family support, sentence reduction, reform and rehabilitation, as well as support services, employment opportunities, entrepreneurial resources, and parole system improvements.

By targeting these points of intervention, the De-Carceration Fund seeks to affect change and create a sustainable impact on the landscape of criminal justice in the United States.