Four private U.S. Foundations—Foundation for a Just Society, Open Society Foundations, Wellspring, and the William and Flora Hewlett Foundation Philanthropic Fund—have recently announced that they are joining forces to provide $20 million to women’s funds internationally.

The $20 million investment was designed in consultation with women’s funds, and the five-year initiative will help the funds maximize their impact in promoting gender equity. “The resources of philanthropies have not always reached enough feminist activists, who we know are leading social change and driving gender equity. To solve this problem, we need to democratize philanthropy,” says Joy Chia, program officer with the Women’s Rights Program at Open Society Foundations. “This means putting more resources in the hands of women’s funds, who are well-placed to equip feminist movements, advocates, and innovators in the field with the tools to sustain change.”
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