The July Third Foundation

Our Mission is Reparations for Victims of Slavery and Their Descendants

The cost of slavery, both in its chattel form before the Civil War and its continuation since through Jim Crow and as prison labor, is incalculable.

However, policy makers, when considering measures such as lives saved from, for example, from improved environmental or safety standards, generally estimate the value of a human life at approximately $10 million.

If by rough estimate, one considers that probably at least 100 million people were either slaves, descendants of slaves or victims of Jim Crow and the War on Drugs, then the amount of reparations should be at least $100 trillion.

Our wealth was built – literally – on the bodies of tens of millions of slaves, who lived, suffered and died for no other reason than the color of their skin. This is a debt which must be repaid.