It was an amazing year for women’s philanthropy. Amid an increasingly hostile political climate, women managed to get elected to public office in record numbers, partially due to the influence of women donors. In addition, the events of #MeToo and the Kavanaugh hearings served to highlight how prevalent sexual assault and harassment are, and how far we still have to go to become a culture that truly values women and prioritizes their safety and equality.Read More
CBS corporation announced today that 18 organizations will receive $20 million in funding to address sexual harassment in the workplace. Many of these organizations are longtime players in the women’s rights space, including New York Women’s Foundation, Women’s Media Center, and the National Women’s Law Center, while others are brand new to the field, like TIME’S UP. These grants are part of CBS’s separation agreement with former CEO Les Moonves, which stated that the donations would be deducted from his severance pay.Read More
One of the main reasons I started Philanthropy Women was to shine a spotlight on women givers, because I noticed that knowing more about them made me feel better about the world. Rather than logging on to Twitter and reading the toxic political discourse, I decided to fill up my Twitter feed with women’s funds and other feminist philanthropy thought leaders. The result was astonishing — I was suddenly getting new information about so many issues related to women — their health, their money, their professional lives. The process of turning my attention to progressive feminist philanthropy also turned me into a feminist donor, as I realized how well women’s giving to gender equality aligned with my own social justice interests.Read More
The phenomenon of watching others do something before we do it ourselves: it’s a process that seems hard-wired into humans. And in fact, prior research from the Indiana University Lilly Family School of Philanthropy shows that when we see others giving to charity, we are more inclined to engage in that same giving behavior ourselves.
Now, new research from the Women’s Philanthropy Institute investigates how the process of observing giving behavior in others plays out differently for men and women, particularly when they are considering making a donation to women and girls.Read More
What is the capacity for art to influence social change? The New York Women’s Foundation and its Justice Fund now have more funding to explore this question, particularly as it relates to women and girls involved with criminal justice. Recently, The New York Women’s Foundation (The Foundation) announced receiving an award of $300,000 from the Art for Justice Fund.
The grant will go to support The Justice Fund, a seven-year initiative launched under the umbrella of the foundation in fall 2018. The goal of the Justice Fund is to decrease mass incarceration and overcome the negative impacts of incarceration on women and girls. The Justice Fund is working toward this goal by supporting organizations using art to promote justice, safety, and well-being in the community.Read More
Despite the myriad challenges that young Black women face in the U.S. South, only 5.4 percent of all foundation funding in this region is focused on women and girls, and less than 1 percent on Black women and girls. To address this imbalance and empower southern Black females, LaTosha Brown of TruthSpeaks Consulting is coordinating a new initiative called the Southern Black Girls and Women’s Consortium (the Consortium), with support from the NoVo Foundation (NoVo). Brown has a clear, creative vision for this work, which she plans to orient around listening to Black girls and “Black joy.”Read More
Recently, I listened in on a call hosted by Catalyst at Large Suzanne Biegel, and author David Bank of Impact Alpha. Guests on the call included Luisamaria Ruiz Carlile of Veris Wealth Partners, which specializes in gender lens investing and research.
The call provided fascinating insights into the world of gender lens investing. Though in its early formative years, gender lens investing is a growing area of financial investment that is destined for big things.
Biegel began the call by giving an overview of both the expanding language and the expanding financial investments in the gender lens investing sector. “Gender lens investing is still small in the relative scheme of things, but it’s so much bigger than it was,” said Biegel. She shared the latest statistics from Project SAGE at the Wharton School of Business Social Impact, which turned up a record 87 funds that are now investing with a gender lens, with 46 of those funds being new creations that occurred between 2017 and 2018.Read More
Like many organizations in the women’s funding community, Women’s Funding Network had a robust year of working on the issues most important to women, including financial empowerment, collaborating with men as allies, and strategic leveraging as a donor and an advocate.
To go a little deeper into this past year of activity in feminist philanthropy, we decided to talk to Cynthia Nimmo, CEO of the Women’s Funding Network, and hear about what it felt like to run one of the most important organizations in the women’s funding space.Read More