Women of Wealth to Congress: Stop the GOP Tax Scam

Women of Wealth, powered by Women Donors Network and Patriotic Millionaires,  invites “all women who consider themselves ‘wealthy’ to join us in our fight to build a society of true abundance.”

While Donald Trump is predicting that his “monumental” tax bill will pass next week, women donors came together to demand that Congress reject the tax plan currently being finalized by the GOP. “This is not the decent and fair America we seek to build,” a letter from over 200 women states, as it blasts the GOP for its reckless and irresponsible tax bill.

Calling the tax legislation “morally bankrupt, intellectually corrupt, and economically indefensible,” the letter signed by over 200 Women of Wealth members.

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An Unusual Women’s Giving Circle in Boston Fuels Social Change Globally

Members of the NEID Women’s Giving Circle, from left to right, front row: Diana Rowan Rockefeller, Rebecca Obounou, Odette Ponce, Emily Nielsen Jones, Jackie Jenkins Scott, Amy Brakeman. Back Row: Constance Kane, Liz Sheehan, Mary Kay Miller, Laura DeDominicis, Ina Breuer, Clare Reilly, Nika Elugardo, Ellen Remmer, Kathy LeMay.

We know from the research coming out of the Women’s Philanthropy Institute that giving circles are growing, and women’s giving circles in particular are on the rise. But what does a giving circle really look like on the ground? How do they make decisions that are well-informed and that carry out the group’s intentions?

To find out more, I recently attended the New England International Donors (NEID) Global Changemaker’s Gala in Boston, an event that brought together a wide range of givers and giver groupies to celebrate the NEID Giving Circle’s donations to social change. The event featured a keynote conversation between NEID member David Campbell and Petra Nemcova, supermodel and philanthropists specializing in disaster relief rebuilding and education (she has funded the creation of 165 schools), who spoke to the group about the way in which disaster relief tends to focus on first response. Nemcova takes a more holistic (and, I would argue, feminist) approach to disaster relief — committing to long-term support to help countries affected by natural disasters.

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Rapid Response for Resistance: How These Funders Came Together to Fight Injustice

The Emergent Fund, a collaboration of Women Donors Network, Solidaire, Threshold Fund, and Democracy Alliance, has published a report detailing their strategy in deploying funds rapidly to address human rights and social justice.

“The Emergent Fund started as a plane built in mid-air. We moved faster than comfort allowed in developing a funding response to the new threats posed by the 2016 election because the scale of the crisis that loomed was so large, multidimensional, and immediate. Resources were urgently needed in many places and without much time for deliberation.” 

So begins Visionary Resistance, a new report reviewing how several donor networks came together to invest $ 1 million rapidly for efforts to protect  those most marginalized and targeted by a Trump presidency. Aptly named the Emergent Fund, this new resource is funded through a partnership between the Women Donors Network, Solidaire, Threshold Foundation, and the Democracy Alliance.

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Funders Take Note: #MeToo is Time Magazine’s Person of the Year

Time Magazine’s Person of the Year are the Silence Breakers: those women (and a few men) who are telling the stories that are changing our culture.

So much exciting change is happening in women’s philanthropy, but one of the biggest breakthroughs by far has been the overwhelming response to the #MeToo campaign, which helps to break the silence on sexual abuse and harassment. While we all have to measure when and were we choose to tell our stories (and as a therapist I have listened to many accounts, and have helped guide people to make choices about how much they wanted to disclose, and to whom) it is heartening to see so many women willing to take the risk and put their story out there.

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Making the Connection Between Gender Equality and the Environment

The latest issue of Gender & Development looks closely at connecting up feminism with environmentalism.

The newest issue of Gender & Development is taking a close look at the connections between gender equality and environmental work in today’s world, a world where President Trump has the power to reduce the size of  public monuments in Utah by millions of acres, a potentially illegal move that has huge implications for gender justice.  Certainly, now is the time for feminist and environmentalists to come together and strategize about how to fight back.

In a post introducing the new issue of Gender & Development, Editor Caroline Sweetman reminds us that 2017 has been the deadliest on record for environmental activists.  Further, in many countries around the world, women are on the losing end of deals made to extract natural resources from developing nations.

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Announcing a New Fiscal Sponsor for Philanthropy Women

I am pleased to announce that the Women’s Funding Network has agreed to serve as Philanthropy Women’s fiscal sponsor for our not-for-profit publishing work.   This partnership will help us to raise funds to make Philanthropy Women a more potent force for educating the community about how women in philanthropy are driving social change.

The Women’s Funding Network (WFN) grew out of a 1984 joint meeting of the National Black United Fund and the National Committee for Responsive Philanthropy, where participants discussed creating an organization exclusively for women’s funds. By 2000, WFN had grown into a network of 94 member funds and foundations with over $200 million in assets, deploying $30 million a year in grants.  In 2003, WFN received a $5 million grant from the W.K. Kellogg Foundation, which enabled significant growth. Today, WFN continues to expand, with over 100 women’s funds and foundations  spanning 30 countries, and continues to collaborate with other philanthropic powerhouses like Kellogg, the Gates Foundation, and the Clinton Foundation, to address gender equality globally.

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How to Reach Critical Mass for Gender Equality Movements

A remarkable piece recently published in Time Magazine discusses how the “structures that enable sexism are exploding,” with every day seeming to bring new bombshells. Today’s bombshells were Matt Lauer and Garrison Keillor (yes, it’s apparently true). All of this has been made possible by a culture that is finally starting to open up about the nearly ubiquitous harassment of women happening in our homes, schools and businesses.

The Time Magazine article, by Jay Newton Small, explains that when women reach 20 to 30% of the critical mass in an industry, change starts to happen. Women begin to take the risk of revealing their #MeToo stories. Men begin to talk about how they felt pressured to fulfill gender norms with aggressive sexual behavior. People of all genders begin to open up about how their lives were impacted by sexual trauma.

We are moving toward that point in our culture. This is a good thing, because we can evolve toward healthier relationships and less rigid gender norms. We can begin to make real systems change for gender equality, sector by sector, as different parts of society become more gender equal. But this won’t happen without the intentional effort of progressive movements to provide better news and information.

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Recap of #GivingTuesday Twitter Chat #FundWomen with WDN

For Giving Tuesday today, we hosted a discussion with Donna Hall, President and CEO of the Women Donors Network, as well as other members of the philanthropy women community. It is always so interesting to hear about how women’s giving takes a more multidimensional approach to social change. Thanks to the Women Donors Network for participating in the Twitter chat today. I also want to thank all those who chimed in for the discussion, and our donors who support us, particularly Ruth Ann Harnisch and Emily Nielsen Jones. [View the story “Storify of #FundWomen for #GivingTuesday with Special Guest Women Donors Network” on Storify]

Join WDN and Philanthropy Women on #GivingTuesday to #FundWomen

Soon, the shopping rampage will be over, and we can get on with a much more interesting event of the season: #GivingTuesday. This year on Giving Tuesday, we will be hosting a Twitter chat along with the Women Donors Network, where we will talk about the diverse and powerful ways philanthropy can #fundwomen and make a lasting impact for gender equality.

Please join us on Tuesday, November 28 at 1 pm EDT (10 am PDT) for a one-hour conversation on the importance of funding women in today’s philanthropy landscape.

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Women’s Growing Financial Power: Gender Lens Investing Explodes in 2017

This graph from Veris Wealth Partners shows the remarkable growth in Gender Lens Investing over the past three years.

Great news for the gender lens investing sector — 2017 brought a massive 41% increase in public market securities that use gender lens strategies.

A report entitled Gender Lens Investing: Investment Options in the Public Markets produced by Veris Wealth Partners has the details. Suzanne Biegel, Founder of Catalyst At Large,  is credited with collaborating and gathering the information used in the analysis, this being her second year working in partnership with Veris Wealth Partners to create the public market scan. The study pulls together information from over 23 gender lens investment instruments produced by a wide range of financial companies including Barclay’s, Pax Ellevate, State Street Global Investors, ThirtyNorth Investments, Morgan Stanley, and others.

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