Another corporate funder has stepped in to help small business in this time of economic uncertainty. Verizon recently announced another $2.5 million commitment to small businesses, bringing total funding for the Verizon Small Business Recovery Fund to 7.5 million dollars.
“Small businesses across the country are confronting extreme economic challenges as a result of the Covid-19 pandemic,” writes the communications giant in the description of the program. “Financial support at this critical time can make the difference between staying in business or closing permanently, leading to lost income, jobs and economic stability.”
Kiersten Marek, editor and publisher of Philanthropy Women, opened up today’s webinar, “Funding to End Violence Against Women of Color,” with a welcome to the speakers and audience.
She introduced the webinar with a discussion on the idea behind Philanthropy Women. Partially inspired by NoVo Foundation’s bold commitment of $90 million in funding for women and girls of color in 2016, Philanthropy Women launched in January of 2017 to cover this kind of intersectional feminist giving approach and others like it. However, with NoVo’s recent shuttering of programs for women and girls of color, the funding landscape for addressing domestic violence against women of color is facing some big changes.
How can we properly honor healthcare professionals risking their lives on the front lines of COVID-19? Philanthropist and art collector Sandi Nicholson, and her husband Bill Nicholson, recently announced the launch of “Nurse Heroes,” an art contest and fundraising campaign to support the healthcare heroes of 2020.
“This year we celebrate the bicentennial of the birth of Florence Nightingale, founder of modern nursing and the first nursing college,” the Nicholsons announced in a press release. “Today, the legacy of Florence Nightingale continues, with people all over the world opening their doors and windows to show appreciation for our health care workers on the front lines. With ‘Nurse Heroes’ we recognized an opportunity to do more.”
The number of small businesses facing hardship due to COVID-19 continue to rise every day. In partnership with New Jersey Community Capital (NJCC), the Pascale Sykes Foundation is building a safety net for local New Jersey businesses impacted by the pandemic. The announcement comes alongside the Foundation’s intention to sunset operations in the next few years–and their intention to make as big of an impact as possible before closing their doors.
On April 23, the Foundation announced its commitment to the expansion of the THRIVE South Jersey Initiative, a program designed to combat economic hardship in four South Jersey counties. In light of COVID-19, NJCC and the Foundation introduced zero-based interest rate loans for small businesses in Gloucester, Cumberland, Salem, and Western Atlantic Counties.
COVID-19 puts pressure on all of us, but many women and girls are at higher risk of danger and oppression during these unprecedented times. A crisis like COVID-19 makes the widespread effects of issues like abuse, domestic violence, and rising barriers to educational, financial, and social survival much more intense–and often, much more deadly. The new Global Resilience Fund for Girls and Young Women seeks to answer this understated emergency with rapid, flexible funding to activist groups led by girls and young women.
The Global Resilience Fund supports informal collectives, registered organizations, and unregistered community groups led by girls, young women, and trans and intersex young people around the world. To reach populations that may otherwise have a difficult time obtaining funding, the Global Resilience Fund only offers grants to organizations with a budget of less than $50,000 per year. Successful applicants can receive “fully flexible rapid response grants” worth up to $5,000.
The Ms. Foundation for Women, through its recently formed Activist Collaboration Fund, is granting $275,000 to 15 organizations across the country that are led by and for women and girls of color, trans women and girls of color, and indigenous women and girls.
The Activist Collaboration Fund (ACF) launched in late January and focuses on social justice and movement-building, including fostering cooperation among organizations. The ACF received over 160 nominations from organizations by and for women and girls of color from 35 states, as well as the District of Columbia, Puerto Rico, and Guam.
Editor’s Note: This interview in our Feminist Giving IRL series features Frances Sykes, President of the Pascale Sykes Foundation. The Foundation partners with nonprofits that serve working, low income families to increase their stability — financially, in relationships and in well-being.
“Hope is setting a goal and moving toward that goal, taking steps toward the future. That’s what gets families and individuals through challenges of daily life and makes a difference in the community.” – Frances Sykes, President and CEO, Pascale Sykes Foundation
By any measure, giving circles are one of the biggest growth areas in philanthropy. It’s no accident that giving circles are heavily female, and women of color are involved in giving circles at much higher rates than they are in traditional modes of philanthropic giving.
A simple giving circle definition from Philanthropy Together: “Giving Circles are groups of all shapes and sizes collaborating for change: like-minded individuals come together to pool their funds, share and discuss the issues that matter to them, and decide together where to give their money, time, and talents.” Giving circles enable individuals to leverage modest individual donations into a critical mass. They are by definition participatory, and the power of the collective provides individuals greater input and influence than were they giving in isolation.
Philanthropy Together places special emphasis on the role of traditionally underrepresented communities, noting:
Put yourself in the orthopedic shoes of a frontline worker in the midst of this crisis.
Imagine you’re a young hospital staffer, supporting a team of other frontline workers through something no one has experienced before. On top of the physical and mental demands of a regular day in the ER, now you have to handle the mental and emotional load of an ongoing pandemic, figure out how to keep your team safe with dwindling PPE, and support the emotional needs of a group of people pushed past their mental endurance.
When it’s your job to support the rest of the team, where can you turn for support of your own?
“Rather than seeking stark divisions between approaches or themes within feminism, perhaps we should instead look for the many possibilities for productive coalitions.” – Sally J. Scholz
It’s no secret that art comments on, fights against, and breaks the molds of society. Sometimes, it even forms the basis from which activists and earth-shakers build platforms to enact real social change.
The Feminist Art Coalition (FAC) seeks to create a platform where art projects can build creative collaborations between artists and their societies, in exhibitions that give established institutions a way to give voice to their commitments to social justice and structural change. Supported by The Andy Warhol Foundation for the Visual Arts, FAC connects art museums and nonprofit institutions to present a series of events beginning in Fall 2020, and continuing over the course of one year–a critical year, as we’ve mentioned, leading up to the next American presidential election.