Take it from Phaidra Knight, retired professional rugby player, who speaks in the above video about the value of funding initiatives like Sports 4 Life:”It really doesn’t matter your speed, your size, it’s just what you bring, your unique self, to the game,” said Knight. She went on to emphasize that with sports, young people have the opportunity become part of a team, which can lead to personal growth and improved self-confidence. “I think it’s so important, especially that girls from disadvantaged backgrounds have that opportunity. That is sometimes their ticket and access to greater things across the board.”
The Sports 4 Life Initiative is particularly aimed at increasing and retaining African-American and Hispanic girls in youth sports programs. Sports 4 Life was cofounded by the Women’s Sports Foundation and espnW in 2014. This year, the Ralph C. Wilson, Jr. Foundation also joined the initiative, providing regional support to eight organizations in Southeast Michigan and Western New York.
As the tech industry continues to recognize its gender and race gaps, foundations are committing funds to address these gaps, particularly for girls. A recent example: an announcement by the TE Connectivity Foundation that it will grant $1.25 million to three nonprofit organizations this year: Girl Up, FIRST Global, and SMASH. The foundation’s mission is to bring innovation to engineering and technology by providing opportunities for women and minorities to learn and take part in such innovation.
With every day in America bringing news of regressive political changes that will negatively impact women, it’s important for those who want to increase gender equality to explore different strategies for reaching women who need resources. One strategy that recently caught my eye was Grameen America’s announcement that, in celebration of its 10-year anniversary in the U.S., it would enter the fray of impact investing and disburse an added $11 million in capital in microloans to low-income women across the country. With this new fund, over a five-year period, Grameen will make $140 million in loans to low-income women who are struggling to get a foothold in the U.S. economy as entrepreneurs.
In case you haven’t noticed, nowadays people get around by Ubering or Lyfting instead of taking a cab or taxi. As these web-based transportation services grow, an exciting collaborations appears to be growing as well, specifically between Take the Lead, the women’s leadership organization steered by longtime feminist leader Gloria Feldt, and the company Lyft. To demonstrate its support of Take the Lead, the growing multi-billion dollar rideshare business is offering discounts on rides in honor of Take the Lead Day on November 14th.
The title What Happened can be taken two ways: “This is how it went down,” and, “How did this unexpected, horrendous, and still mystifying result obtain? WTF Happened?” Clinton covers both, and is finally able to mention, now that the election is done, the role gender played.
In addition to the female factor, here is the short list of reasons Clinton enumerates that caused her defeat: race, the pseudo scandal of her emails, voter rage and desire for change, the media, fake news, the Russians, Comey, and Bernie. Plus, it is rare for a party which has held the presidency for two consecutive terms to win a third. Moreover, as Clinton points out several times, she won the popular vote—as did Al Gore in 2000—suggesting that the electoral college is a poor mechanism for expressing the national political will. To the above autopsy, add Republican voter suppression and gerrymandering.
As I continue to survey the landscape of gender equality giving, I am occasionally struck by a particularly effective corporate model for supporting this work. One of the most stunning examples of how corporations can turn their dollars around for the cause of women’s rights is CREDO Mobile, which has been funding gender equality movements for the past three decades.
CREDO Mobile grew out of Working Assets, one of the early corporations to grasp the idea of the potential for funding nonprofits via business. The company started as a long distance provider, and then went into credit cards. One of the company’s first credit card products was a card that generated donations to progressive nonprofits with every use.
One thing that repeatedly intrigues me in philanthropy is the way that women leaders put together the components of giving and social progress in new and creative ways, in order to maximize deployment of funds to important causes. Nearly every week, I come across a new combination of philanthropy and social action that a woman is pioneering.
This week’s amazing tale of women doing good in the world comes from the online retail sector and a new hub for online shopping called Union & Fifth. This nonprofit online store makes it easy for you to donate women’s designer clothing, shoes, and handbags, and choose a cause for where the money will be donated.
It looks like the UN is finding more ways to connect its gender equality strategy to the economy and culture. In a bold new multi-sector alliance with such big names as Unilever, Twitter, and Microsoft, UN Women announced a global campaign to end sexist stereotypes in advertising.
The new launch is called the Unstereotype Alliance, and it seeks to unite leaders across business, technology and media to tackle the stereotypes that normalize sexism. On June 22 at The Cannes Lions Festival of Creativity, the Unstereotype Alliance held its inaugural session to define its strategy and priorities.
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.
These words are some of the ones we deal with every day at Ellevate Network. We know women have power (after all we hold trillions of dollars in investable assets, control 86% of consumer spending and are starting businesses at a faster pace than men.) And yet, there is still gender inequality.
Accenture, a professional services corporation which has studied and made public its own employee demographics, plans to reach 40% female employment by 2020. In addition, the corporation recently announced a new goal for total gender parity in its workforce by 2025.
But is it possible? Studies that peg the gender ratios for corporate boards predict the year that gender parity will be realized on corporate boards is 2055. Other studies suggest it will take another 40 years to close the gender pay gap in academia. But the company has a strong ethic of transparency that they believe helps them advance community objectives, and might possibly put them in a position to lead the charge on gender equity in business. “When you publish a goal, it holds you accountable to a higher level,” says Ellen Shook, chief leadership and human resources officer at Accenture, in this article from Fortune.