In The News

Goldman Sachs Invests Over $10B in New Black Women Initiative

Goldman Sachs has launched the One Million Black Women Initiative to target the inequality facing black women across the U.S.

$10B in direct investment capital and $100M in philanthropic capital will be committed to this initiative by Goldman Sachs. (Image credit: Goldman Sachs)

The Goldman Sachs Group, Inc. (NYSE: GS) announced a new investment initiative of more than $10 billion to advance racial equity and economic opportunity by investing in Black women. In partnership with Black women-led organizations, financial institutions and other partners, Goldman Sachs will commit $10 billion in direct investment capital and $100 million in philanthropic capital over the next decade to address the dual disproportionate gender and racial biases that Black women have faced for generations, which have only been exacerbated by the pandemic. The initiative, One Million Black Women, is named for and guided by the goal of impacting the lives of at least 1 million Black women by 2030.

Google.org Launches New $25M Impact Challenge for Women and Girls

Editor’s Note: The following letter is from Jacqueline Fuller, President of Google.org.

Google.org President Jacqueline Fuller and CEO Sundar Pichai have launches the Google.org Impact Challenge for Women and Girls. (Image credit: Google.org) — Google.org President Jacqueline Fuller and CEO Sundar Pichai have launched the Google.org Impact Challenge for Women and Girls. (Image credit: Google.org)

When women and girls have the resources and opportunities to turn their potential into power, it changes the trajectory of their lives and strengthens entire communities. I’ve seen this play out first hand while living in India, where public health programs that put resources and decision-making in the hands of women drove much stronger outcomes for their families and villages. I’ve seen this in my own life, when bosses — both male and female — gave me stretch opportunities and bet on my leadership.

Dining for Women Amplifies Gender Equality Mission with New Name

Editor’s Note: The following announcement was made on March 6 by the leadership of Dining for Women.

Together Women Rise is about women and allies coming together all over the world, from all backgrounds and communities, to achieve global gender equality.

Our new name, logo, and tagline are aligned to create a fresh, modern look for our organization — one that is inviting and inclusive to all and tells the world exactly why we exist and what we aim to accomplish.

Together is front and center because our community is strong: gathering together in our chapters and working together with you, our grantees, lies at the root of our impact. Women, because global gender equality is our guiding star; Rise, because we envision a world where all women and girls around the world can reach their full potential and become powerful agents of change to build a stronger, more sustainable, and peaceful world.

Equality Can’t Wait Challenge Announces Finalists for $40M Award

The Equality Can’t Wait Challenge has announced the finalists working to expand the power and influence of women in the U.S.

Ten finalists have been selected to move on to the final round of the Equality Can't Wait Challenge (Image credit: Equality Can't Wait) — Ten finalists have been selected to move on to the final round of the Equality Can’t Wait Challenge (Image credit: Equality Can’t Wait)

On March 8th, the Equality Can’t Wait Challenge, which will award $40 million to help expand women’s power and influence in the United States by 2030, announced 10 projects that will move on to the final stage of the competition.

The Challenge, hosted by Pivotal Ventures, Melinda Gates’ investment and incubation company—with additional support from MacKenzie Scott and Charles and Lynn Schusterman Family Philanthropies, and managed by Lever for Change—was launched in June 2020 to accelerate the pace of progress toward gender equality in America.

Everytable Seeks Additional $10M In Investments To Make Food Affordable

After receiving $4M in program-related investments, Everytable sets a new goal for an additional $10M in 2021.

Everytable is dedicated to ending food inequality in the U.S. by lowering prices of high-quality food and hiring from low and moderate income communities. (Image credit: Everytable)

Everytable, a Los Angeles-based social enterprise seeking to end food inequality by making nutritious food affordable and accessible for all, has received a total of $4 million in program-related investments (PRI) and grants from several foundations and organizations to support a pioneering Social Equity Franchise program that fosters economic empowerment among entrepreneurs from marginalized communities. In 2021, Everytable seeks to raise an additional $10 million to fund the program’s expansion in both Los Angeles County and New York City.

ArtNet: Ripple Effect Tribute to 26 Women Artists and their Inspirations

In celebration of International Women’s Day, ArtNet News identified 26 women working in art that have inspired the industry.

French Sculptor Louise Bourgeois is among the 26 women named by ArtNet as an inspiration to the art world. (Image credit: ArtNet)

It is not always easy being a woman in this world, and being a woman in the art world can be doubly challenging. Gallery rosters and museum collections around the world have been skewed against women for centuries, and many of today’s top institutions still have yet to appoint a female director. Even so, there is a vast community of women in the art world, dedicated to supporting and uplifting each other.

On this International Women’s Day, we looked to a group of art-world women who inspire us, and we asked them to take a moment to shine a light on some of the women who have inspired them. From mothers and grandmothers to feminist critic Linda Nochlin, who first called into question the apparent absence of great women artists—here are 26 women worth celebrating today and every day.

Saks Highlights Remarkable Women Leaders in Mental Health Care

The luxury department chain Saks Fifth Avenue has launched the Visionary Voice Awards program to honor women working in mental health care.

To celebrate Women's History Month, Saks Fifth Avenue has announced a new program to celebrate women in mental health care. (Image credit: Saks Fifth Avenue) — *To celebrate Women’s History Month, Saks Fifth Avenue has announced a new program to celebrate women in mental health care. (Image credit:* Saks Fifth Avenue)

In honor of Women’s History Month, Saks Fifth Avenue will recognize women who are helping to pave the way for the future of mental health care and solutions through its first Visionary Voice Awards program.

The initiative builds upon Saks’ commitment to increase understanding of the importance of mental health, improve access to care and promote skills that build positive mental health for those who need it through the Saks Foundation.

Introducing The Card, Built to Support Women in the Economy

Seneca Women, Mastercard, and Deserve have teamed up to create The Card, a credit card designed to help and support women worldwide.

The Card gives new opportunities to support women owned business, rewarding cardholders for doing so. (Image credit: Seneca Women)

Seneca Women, a global leadership and media platform, together with Mastercard and Deserve today announced a credit card created to advance women in the economy. The Card by Seneca Women, scheduled to launch this Spring, is the first-ever card to reward cardholders for shopping at women-owned businesses that are included in the Seneca Women Marketplace. The Marketplace will launch with over 1 million women-owned businesses. The Card also facilitates donations to women-focused nonprofits.

New Managing Director Shannon Lövgren Joins The Case For Her

The Case For Her has announced that medical scholar and humanitarian Shannon Lövgren will be taking over the role of Managing Director.

Shannon Lövgren has been hired by The Case For Her as the new Managing Director. (Image credit: The Case For Her) — Shannon Lövgren has been announced as the new Managing Director of The Case For Her. (Image credit: The Case For Her)

The Case for Her, a philanthropic investment portfolio addressing the key women’s health issues of menstruation and sexual health and pleasure, announced today that Shannon Lövgren will join as Managing Director effective April 1, 2021. Shannon succeeds Gerda Larsson, who was with The Case for Her since its foundation in 2017 and has now moved on to other opportunities.

“We are sad to see Gerda go, but excited for this opportunity to bring in new ideas and expand the already incredible work our team is doing,” says Wendy Anderson, Co-founder of The Case for Her.

HIPGive Launching #GOMujeres to Rally Support for Women and Girls

For Women’s History Month, HIPGive launched #GOMujeres with a goal of raising at least $5,000 for organizations supporting women and girls.

HIPGive’s crowdfunding campaign #GOMujeres will support projects and organizations that are committed to helping women and girls in the Americas. (Image credit: HIPGive)

At the start of Women’s History Month HIPGive, the first and only bilingual crowdfunding platform focused on promoting Latinx social impact projects of Hispanics in Philanthropy will launch its social crowdfunding campaign #GOMujeres. The campaign will connect nonprofit organizations, foundations, and individual contributors to inspire generous giving to projects and organizations dedicated to improving the lives of women and girls.

Author: Gender Equality Funding News