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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Is It Possible? Accenture Commits to Full Gender Balance by 2025

Accenture, a professional services company, has announced a new goal to reach gender parity in its workforce by 2025.

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.

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Bloomberg and Partners Support Philanthropy Strategy Aimed at Female Coffee Farmers

Sustainable Harvest has a wide array of supporters including The Clinton Foundation, Bloomberg Philanthropies, and the Lemelson Foundation. It reports leveraging more than $4 million in development grants from foundations and academic, corporate and institutional partners, to deliver programs that help coffee farmers.

An article from Barista Magazine brings good news for women and coffee aficionados worldwide: the launching of a new program aimed at improving coffee quality and productivity for female farmers in Colombia. The new program is a partnership of Strauss Coffee, Sustainable Harvest and the Relationship Coffee Institute. From the article: 

A lot of things make coffee better—for example, better growing practices, a deeper understanding of soil quality, or more advanced machinery for depulping coffee cherries. Time and again, one of the single biggest contributors to an increase in both coffee quality and outcomes for farmers is investment in women. That’s why Strauss Coffee, one of the largest coffee companies in the world, in partnership with Sustainable Harvest Coffee Importers and the Relationship Coffee Institute (RCI), are taking part in a new incentive program aimed at improving the lives of female farmers in Colombia.

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What’s up with this New Philanthropy Hub, and How Will It Involve Women’s Philanthropy?

Giving Compass aggregates philanthropy news and information by topics, including news and information about women’s philanthropy.

Recently, I got an email from Stephanie Gillis, Senior Advisor at the Raikes Foundation, wanting to “explore potential synergies” with the work we are doing at Philanthropy Women. Naturally, I was eager to do so, and soon learned about Givingcompass.org, a new team effort of several foundations and nonprofits, aimed at drawing on the chops of the tech sector in order to provide more resources for the philanthropy sector, particularly around how to assess the quality of philanthropy and get the most impact per philanthropy dollar.

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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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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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Scaling the Mount Everest of Gender Equality in Minnesota

Lee Roper-Batker, CEO of the Women’s Foundation of Minnesota.

“We know Minnesotans have many shared values, including equality and opportunity,” says Lee Roper-Batker, CEO of the Women’s Foundation of Minnesota. But getting those shared values to manifest in support for policies that advance women and girls is sometimes a task that feels comparable to scaling the world’s highest mountain. “We have to meet people where they are and bring them with us,” she says, which can often be a daunting task.

Lee Roper-Batker spoke to me by phone from her office at the Women’s Foundation of Minnesota (WFM) in downtown Minneapolis, a stone’s throw from the Mississippi River. The WFM is the oldest and largest statewide women’s foundation in the U.S., and its mission is to engage in “systems change” affecting individual, cultural and community attitudes and behaviors. The goal is to move institutions and public policies toward gender equity, something that Roper-Batker describes as “Our Everest.” A Minnesota native, Roper-Batker has headed the Women’s Foundation of Minnesota, which started in 1983, since 2001.

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Trending: Kate Coyne-McCoy and the Rise of Activism for Women in Politics

Coyne-McCoy has trained over 9,000 women to run for office. She wants to know what is still holding many women back.

“The more that philanthropy can do to encourage and support women in running for office, the better,” says Kate Coyne-McCoy, CEO of The Campaign Fixer, who has spent much of her career trying to bring more women into American politics. Coyne-McCoy has trained over 9,000 women to run for office, and she has a message for philanthropy.

“Do more politically, period,” she said in a recent interview with Philanthropy Women, when asked what her message would be to progressive women donors and their allies.  “Until you make an investment in the electoral and political process, you’re never going to see the change you want.”

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How is Walmart Doing with Supporting Women’s Funds and Women’s Empowerment?

Walmart supported the creation of a Women-Owned logo for suppliers, to increase visibility for women-owned businesses in their supply chain.

Given that Walmart is the largest employer in America, second only to the government, the fact that they are taking an active stance in addressing women’s empowerment is particularly important.

We want to make sure Walmart’s grantmaking gets talked about here on Philanthropy Women because they are such a large and influential company, not just in America, but globally. Because of their size, their ability to influence both the economy and the culture is great, and will likely have a growing impact on issues related to women as time goes on.

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Why Listening for Good is Important to Women in Philanthropy

I’ve covered the Fund for Shared Insight before, and I want to call attention to this new announcement, since it’s a great example of how philanthropy is evolving into a more democratic creature — by becoming more aware of what does and does not work in funding strategies.

Many women’s funds and foundations were early believers in incorporating grantee feedback into the grantmaking process. Women’s funds and foundations were also some of the first to bring grantees onto foundation boards to help inform the decision-making process. Some research suggests that women have a leadership edge with their listening and relational skills.  Whether that’s true or not, women leaders in philanthropy can and should engage in active listening to create more effective strategies.

Now, Shared Insight has issued a national, open request for proposals for nominated nonprofits to participate in Listen for Good — Shared Insight’s signature initiative which helps funders and nonprofits advance high-quality feedback loops.

Also in the good news department, there are five new funders joining the network of partners: the Einhorn Family Charitable Trust, the Bill & Melinda Gates Foundation, The James Irvine Foundation, The Rockefeller Foundation and Omidyar Network. This brings the total for funding partners of Shared Insight to 39.

From the press release:

‘Listen for Good’ Open Request for Proposals Released; Five New Funders Announced

Listen for Good 2017 Request for Proposals Posted

Shared Insight is excited to announce that it is offering up to 75 Listen for Good (L4G) grants in 2017.

The goal of L4G is to help nonprofit organizations—across issue areas, populations served, geographies and budget levels—build the practice of high-quality feedback loops with those they serve. The L4G methodology is simple, yet systematic and rigorous. In order to engage more funders in supporting beneficiary feedback efforts and using the data to inform their work, L4G is structured as a co-funding opportunity.

To participate in L4G, a nonprofit must be nominated by a current funder (existing or new). If the nonprofit(s) a funder nominates is selected to participate, the nominating funder will contribute $15,000 of the $45,000 grant total for each nonprofit selected. Grantees will receive a grant of $45,000 over two years: $30,000 paid the first year and $15,000 the second year. Shared Insight will accept proposals from funder-nominated nonprofits through May 26, 2017.

For funders to learn more about how to nominate a grantee, click here. For nonprofits to learn more about how to apply for a L4G grant, click here. 

In addition, Shared Insight will hold two informational webinars for potential nominating funders:

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