Sandberg Deploys Another $100 Million in Facebook Stock, Much of It For Women and Girls

Leanin.org, supported by Sheryl Sandberg, works to help address the gender pay gap and move more women into leadership roles.

Good news for the women’s philanthropy sector: Sheryl Sandberg has added another $100 million in Facebook stock to a Donor Advised Fund she uses to fund causes she cares about, with much of this new money going to Lean In, the nonprofit named after her best-selling book about how to succeed as a woman in business.

Sandberg represents a new prototype for women’s philanthropy: the young tech executive who sees gender equality philanthropy as a priority. These new funds will help Leanin.org expand its mission of increasing women in leadership.

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Philanthropy Women at 6 Months: An Update on Our Growth

Philanthropy Women pages have been viewed thousands of times, and our spotlight organizations are enjoying more media attention.

Dear Faithful Readers of Philanthropy Women,

First, of course, thank you for reading. You are bravely joining me on the sometimes harrowing adventure of learning about gender equality philanthropy. I thank you for joining me on this journey.

Also, thank you to our sponsors, Ruth Ann Harnisch and Emily Nielsen Jones. You have provided an amazing opportunity to advance the knowledge and strategy of progressive women’s philanthropy, and for that you are wholeheartedly thanked.

Thank you, as well, to our writers — Ariel Dougherty, Jill Silos-Rooney, Tim Lehnert, Kathy LeMay, Susan Tacent, Betsy McKinney, and Emily Nielsen Jones. Your work reading, interviewing, thinking, and writing about women’s philanthropy has resulted in my receiving tons of positive correspondence about our content. The internal numbers also validate that we are making an impact.

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How This Nonprofit is Using the SDG’s to Help Women Thrive Globally

Emily Bove, Executive Director of the Women Thrive Alliance, which supports grassroots organizations in gender justice work globally.

“We see our members—grass roots organizations—as the experts,” says Emily Bove, Executive Director of the Women Thrive Alliance.

Women Thrive comprises 285 organizations in 53 developing countries. Based in Washington, D.C., Women Thrive supports its member groups in advancing women’s rights globally. “We only work with groups that are engaged in advocacy,” says Bove, citing Women Thrive’s expertise in this area. The other criteria for Women Thrive membership is that the participant organization have female decision-makers at the helm. Given its expansive membership roster and skeleton staff, much of Women Thrive’s work is virtual, including online courses aimed at helping member groups organize around gender and poverty issues.
While Women Thrive prioritizes women’s rights and equal access to education, Bove stresses that all aspects of development are interconnected, and breaking them up into discrete parts is somewhat arbitrary. “Women don’t wake up and say, ‘today my focus is on my child’s education and tomorrow it’s on clean water.’” The goals of women holding political power, controlling their own bodies, receiving fair pay and having access to education are interrelated, and all are key in furthering development.

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Want to Invest with a Gender Lens? Put this Women-Owned Firm On Your Interview List

Investment experts like Suzanne Mestayer, Managing Principal at ThirtyNorth Investments, are leading the way for gender lens investing to become a larger part of the financial sector.

While estimates are frighteningly low for the percentage of financial assets under management by women and minorities, that number is destined to change. Leading the charge for this change as one of the few women-owned asset management companies is ThirtyNorth Investments, headed by Suzanne Mestayer, Managing Principal, and Blair duQuesnay, Principal and Chief Investment Officer.

How did Mestayer and duQuesnay become gender lens investors? They were basically convinced by the business case for more women in corporate leadership. “It was an interesting confluence of increasing our knowledge on the topic of women in governance, and learning about how few women are on corporate boards,” said Mestayer in a recent interview with Philanthropy Women. “This coincided with our acknowledgement of our own experiences serving on boards, and seeing the benefits of having diversity on those boards.”

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Livestream Today: Ellevate Network Summit on Mobilizing the Power of Women

Sallie Krawcheck, CEO and Co-Founder, Ellevest

One of the things I love about Ellevate Network is the way they are bringing together authority, autonomy, and agency in order to grow gender equality movements. Sallie Krawcheck comes with the authority in finance, she has now launched Ellevate which gives her vision more autonomy, and today Ellevate is taking a big step to increase the agency of gender equality movements by hosting its first-ever summit to mobilize gender equality movements.

From the Summit’s webpage:

Action. Impact. Power.

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The Grateful Activist: This Longtime Philanthropy Leader Shares Insights

Tracy Gary has played a key role in building the infrastructure of women’s philanthropy over the past 40 years.

Tracy Gary says she starts every day as a “grateful activist.” That’s a good way to approach the morning, and an attitude that infuses the 66-year old Gary’s now 40-year career as philanthropy advisor, non-profit leader, donor and consultant.

A founder of nearly two dozen non-profits, Gary heads Unleashing Generosity and Inspired Legacies, and is on the road 40 days per year working with non-profits, foundations, and donors. That’s down from the 200 days away from home she used to log, but in the last few years she has reduced her workload (which used to run to 60-80 hours per week) and dropped 100 pounds. It’s a matter of staying healthy, and staying on the planet, so that she can continue mentoring the next generation of inheritors and philanthropy professionals.

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Ellevate Holding Conference to Activate Gender Equality Movements

Sallie Krawcheck, CEO and Co-Founder, Ellevest

Since its launch in May of 2016, I have started following Ellevate Network on my Twitter feed, and I am always impressed by the quality of their material on both gender equality and gender lens investing. Now, the new startup that aims to capture the $11 trillion women’s investing market, is holding a conference in June to activate gender equality movements. Sallie Krawcheck, the architect and founder of Ellevest, came to my attention last spring when I was creating a list of 9 Gender Lens Investors to Know About.

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The Global Women’s Philanthropy Network Aligning Health with Human Rights for Women and Girls

Maverick Collective, co-chaired by Melinda Gates and H.R.H. Crown Princess Mette-Marit of Norway , is poised to deploy millions more in philanthropy with a gender lens.

Some of the wealthiest women in the world deploying vast fortunes with gender lens grantmaking: This is the future of philanthropy.

But gender norms of the past still haunt many women philanthropists. “Women told us that they would be at a cocktail party, and people would come talk to their husbands, but not them,” said Kate Roberts, Senior Vice President for Corporate Partnerships with Population Services International (PSI). A global nonprofit “focused on the encouragement of healthy behavior and affordability of health products,” PSI is the host organization for The Maverick Collective.

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Women Leading Change Event in Providence Features Jackie VanderBrug

Jackie VanderBrug will speak about gender lens investing in Rhode Island on June 7.

The world of gender lens investing has yet to be even marginally explored for all its potential, especially given that  only 1.1% of assets under management in the asset industry are controlled by women and minorities.

That’s why it’s exciting to learn that the Women’s Fund of Rhode Island is hosting an event on June 7, 2017 featuring Jackie VanderBrug, gender lens investing expert. I featured Jackie VanderBrug in my list of 9 leaders to know in gender lens investing. Here is my capsule on her:

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Hear from Denver Leaders on Creating a Common Agenda for Women and Girls

Betsy McKinney, Founder and CEO of It’s Time Network

This week, It’s Time Network is hosting another call to help inform, engage, and activate gender equality advocates nationwide. This call will feature Kim Desmond, Director of the Denver Office of Women and Girls, and Nancy Reichman, Professor of Sociology and Director of Socio-Legal Studies at University of Denver.

Related: What’s Stronger California Doing for Gender Equality?

This call will be held tomorrow, May 16 at 3 pm EST, and will discuss the upcoming May 31 Summit held by It’s Time Network. This call will specifically address “the importance of having a common agenda” and ways to organize and take action in order to protect the rights of women and girls. Register for the call here. 

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