“There’s a time and place just for grants, and there’s a time and place for gender lens investing, but if you can find that sweet spot where they come together, that’s what gets me going,” says Katherine Pease, Managing Director and Head of Impact Strategies for Cornerstone Capital.
For Pease, the two strategies of gender lens grantmaking and gender lens investing can play a complementary role, particularly when using the Donor Advised Fund (DAF) as an investment vehicle. For women’s funds and foundations, Pease sees an expanding use of DAFs to create new ways to reach women at all levels of society with resources to grow their power.
With the fight to keep abortion safe and legal increasingly under threat, fundraising expert Kathy LeMay of Raising Change recently hosted a webinar with leaders from the National Abortion Federation. The goal of the webinar was to help philanthropists take action to support the abortion providers, during increasingly hostile times for providing these vital services.
Kathy introduced the Very Reverend Katherine Ragsdale, former President of the Episcopal Divinity School and Interim President and CEO of the National Abortion Federation. (Longtime CEO of NAF, Vicki Saporta, who put in 23 years at the helm of NAF, announced her retirement this past year.)
Despite the prevalence of the sexual exploitation of women and girls, gender-based violence funding accounts for just 1.8% of all foundation giving. And even within that small percentage, the majority of funds go to domestic violence, with commercial sexual exploitation often remaining neglected.
To bridge that crucial gap, the NoVo Foundation recently announced a $10 million, 3-year funding commitment for U.S.-based programs. The funding will go to programs that are aimed at “opening exit ramps” and “closing on-ramps” to the commercial sex trade–or, as it’s often called, The Life.
This week, Rachel’s Network launched the Catalyst Award as a new way to build women’s leadership in environmental work. The awards will recognize as many as five women of color who are making a significant impact on environmental issues in communities across the United States.
Each award winner will receive $10,000 as well as networking and mentorship support throughout the year.
Rachel’s Network works at the intersection of gender equality and environmentalism, providing $1.7 million in collective funding grants since its founding aimed at addressing both climate change and women’s rights. Rachel’s Network received the Bridge Builders Award for Network and Collaborative Giving Leadership from Philanthropy Women in January of 2019 for its exceptional work in growing gender equality movements intersectionally with environmental work.
If there’s one thing Linda Davis Taylor thinks there’s too much of, it’s women taking concessions in salary negotiations. As the CEO and Chairman of Clifford Swan Investment Counselors, Taylor is calling on all women to create a culture where women ask for what they deserve at their jobs.
“I still hear so many women say they don’t know how to negotiate their salary, even women in top leadership positions,” said Taylor, in a recent interview with Philanthropy Women. She wants to see women get much more comfortable with having those difficult conversations that ensure equal pay and benefits for work at all levels and in all industries. She also wants to find more ways to ensure that “we start early enough in encouraging women to understand their role in salary negotiation.”
Women’s leadership is getting more strategic support to improve gender equity in journalism. Recently, Take the Lead announced a new program that is launching with support from both the Ford Foundation and the Democracy Fund. The program is called 50 Women Can Change the World in Journalism, and is aimed at “harness[ing] the collective power of women in journalism to build a more just and equal world,” according to a press release announcing the new endeavor.
Starting this year, 50 women journalists will engage in online and immersive learning with the program. The cohort will work to “re-envision journalism,” a profession dominated by women, but where women rarely make it into the top spots or earn as much as men.
National Girls and Women in Sports Day (NGWSD) is commemorated annually in the first week of February. According to its sponsor, the Women’s Sports Foundation (WSF), the day represents “a national observance celebrating the extraordinary achievements of girls and women in sports.”
The WNBA honored female athletes on February 6, and was one of many institutions noting the value of sport in fostering not just fitness and health in girls and women, but also self-confidence and leadership skills. “Lead Her Forward” was the 2019 NGWSD theme, and the Women’s Sports Foundation’s Deborah Antoine noted, “NGWSD is a great time to uplift these girls and women, along with the advocates using their platforms to inspire greatness in female athletes. We are also more committed than ever to protect Title IX, along with strong policies and safeguards for women in sports and all industries.”
Sometimes people misunderstand social workers as professionals who are not focused on impacting larger systems with their work. This mistake was brought home in philanthropy recently when the MacroSW collective, a group of social workers focused on larger social issues, had to correct the perception being given at the Nonprofit Quarterly that “You can’t social work this” as a way of saying “You can’t fix this problem with social work.”
The response from the MacroSW collective, entitled Why We Have to Social Work This, points out that many social workers commit their life’s work to addressing systemic and structural problems in society, providing leadership for policy, legislation, and community organizations. It’s called Macro Social Work — as in looking at the “macro” or bigger picture to find solutions to social problems.
Starting with a joke about who would be the word hog between the couple, Stephen Colbert recently interviewed Bill and Melinda Gates. The couple talked about their philanthropy in the context of larger political issues such as growing inequality, and shared some of their “surprises” — the theme of their annual letter this year.
Colbert remarked that Bill Gates used to be the richest man in the world, but has now fallen into the number two spot for the world’s most wealthy person. “Well, we’re trying to give it away faster,” said Bill.
As I scour the internet in my never-ending quest to know more about feminist strategies in philanthropy, I don’t often come across union support as a primary strategy. The Ms. Foundation for Women does some work in this area with its support of the Miami Worker’s Center and the Restaurant Opportunity Centers United, but supporting unions like the American Federation of Teachers or National Nurses United does not appear to be a primary focus of most feminist philanthropy strategies.