MacKenzie’s Pledge: Leaders Driving Change to Fix Inequality

Last June, MacKenzie Bezos (now MacKenzie Scott)’s $37 billion divorce settlement made headlines — as did her signing of the Giving Pledge, committing to give away at least 50% of her wealth while still alive.

MacKenzie Scott has pledged to donate at least 50% of her wealth within her lifetime. (Image Credit: The Giving Pledge)

This $18.5 billion commitment bodes well for philanthropy (although the true 50-50 split that was rumored would have boosted that number to something like $69 billion for MacKenzie and $34.5 billion for philanthropy). To date, MacKenzie appears to be putting her money where her mouth is when it comes to fulfilling the Giving Pledge.

On July 28, MacKenzie published a list of her contributions to 116 nonprofits around the world. This list is exciting not only because of her deep-set and clear commitment to feminist philanthropy, but because a number of the nonprofits and NGOs on MacKenzie’s list are organizations we’ve worked with here at Philanthropy Women.

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Workers Lab Announces Innovation Fund $150K Winners

From March to April 2020, The Workers Lab issued an open call for applications to the Innovation Fund, a program co-sponsored by the Bill & Melinda Gates Foundation. The Innovation Fund is designed to grant $150,000 to three winners per investment cycle, awarding these highly sought-after prizes to organizations and individuals with the best ideas for improving the lives of workers.

Image Credit: The Workers Lab

“Our hope in this application cycle was to better understand what innovations are out there reimagining the kinds of support workers lean on to make it all work,” said Tiffany Ferguson, program director at The Workers Lab. “That could mean services, tools, or programs – any range of ideas that, with an investment from The Innovation Fund, could make it easier for workers to access and use their full potential.”

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Black Giving for a New Era of Equity

Editor’s Note: The following essay is by By Dr. Jacqueline Bouvier Copeland, Founder of Black Philanthropy Month and The Women Invested to Save Earth™ (WISE) Fund.

This year has unfolded like the chapters of a dystopian Octavia Butler novel.  A third of US Covid deaths are Black.  Black unemployment rates are at more than 20 percent.  More than 40 percent of Black small businesses have closed.  The George Floyd, Ahmaud Arbery and Breonna Taylor lynchings, broadcast across traditional and social media, made it clear that virulent, violent, anti-Black racism is alive and well. 

black giving
Dr. Jacqueline Bouvier Copeland, Founder of Black Philanthropy Month and The Women Invested to Save Earth™ (WISE) Fund

These are confusing, life-changing times. Black joy, struggle, rage and giving converge in our story, creating history and shaping our future this Black Philanthropy Month (BPM). Stories give form to chaos, helping us see hidden lessons and new visions to become the change we want to see. For this unprecedented historical moment of BPM, the story begins and ends in Minneapolis, a new center of the global racial justice movement.

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Liveblog – What Donors Can Do About Lack of Funding for Women and Girls of Color

Today marks our third webinar at Philanthropy Women! On Thursday, July 23rd, we gathered for “Lack of Funding for Women and Girls of Color: What Donors Can Do.”

We kicked off our third webinar with a warm welcome to our participants. Kiersten Marek, Editor-in-Chief, began with an overview of the funding issues outlined in Pocket Change, the Ms. Foundation’s report on the funding gap for women and girls of color.

Kiersten pointed out other issues impacting the funding environment for women and girls of color, including the recent announcement of downsizing at the NoVo Foundation, and the potential for funds being redirected to address the COVID crisis. However, there is some encouraging action happening now, as new corporations and foundations have stepped up for intersectional giving.

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ABOUT WOMEN: Enter our Art Contest by August 5!

“You don’t exist if you’re not represented… I felt a need to claim my own social existence by making the representation happen.” – Njideka Akunyili Crosby

As women, as people, and as philanthropists, what does womanhood mean to you? In ABOUT WOMEN, Philanthropy Women‘s first art contest, we seek to answer that question through the lens of the artist: finding what womanhood means in our worlds and the worlds around us.

Introducing ABOUT WOMEN: A Contest to Celebrate Women’s Art

Join us for the first Philanthropy Women art contest, designed to shine a light on women and LGBT+ artists. Enter today for your chance to win a cash prize and a six-month feature on Philanthropy Women!

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Equality Can’t Wait Holding Webinar on August 4

Editor’s Note: The following announcement is from Lever for Change, a John D. and Catherine T. MacArthur Foundation Affiliate, which is facilitating the Equality Can’t Wait Challenge.

Equality Can’t Wait will be holding a webinar for prospective applicants to their funding competition.

Please join us Tuesday, August 4, 2020 at 10:00 a.m. Central for a Q&A webinar to learn more about Equality Can’t Wait Challenge and ask questions. Please sign up for the webinar and note that the webinar will be recorded then made available shortly after.

On Thursday, September 10, 2020 at 10:00 a.m. Central, we’ll host a second webinar for registered applicants to provide a technical demonstration of the online application platform and to answer questions.

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Liveblog of WPI: How Giving Circles Diversify Philanthropy

On July 16, the Women’s Philanthropy Institute hosted a live Q&A with Sara Lomelin of Philanthropy Together, to discuss the ways philanthropy can be democratized, empowered, and fueled by diversity. In light of current pressing issues like the Black Lives Matter movement and COVID-19, WPI and Philanthropy Together seek to answer the question, “How can giving circles transform the future of trust-based giving?”

Image Credit: WPI and Philanthropy Together

WPI Director Jeannie Sager kicked off the conversation by encouraging the participants to share their locations – people chimed in from all over the US and beyond.

Sager introduced the concept: “For too long, philanthropy has been seen as an exclusive club. Yet today, our country is experiencing a drastic reckoning… Who is called a philanthropist?”

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Stacy’s Rise Announces $10 K Female Founders Grantees

Four-month program to provide $10,000 grants, professional advertising services and executive mentorship – including access to Press and Heath – to the Class of 2020, as recent Stacy’s Rise Project survey reveals 72 percent of female entrepreneurs report difficulties finding a mentor.

stacy's rise grants
Stacy’s Rise Class of 2020 (Image Credit: Stacy’s Rise)

PLANO, Texas, July 16, 2020 /PRNewswire/ — When the Stacy’s Rise Project announced it would expand its 2020 grant and mentorship program to support even more female founders with broadened services, women responded in kind – with 1,600 applicants, quadrupling last year’s numbers for a chance at $10,000 business grants, 1:1 executive mentorship and a dedicated team of professionals creating, producing and strategically placing advertising on their behalf.

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July 23 Webinar: Lack of Funding for Women & Girls of Color

Join us at 2:00 PM ET on Thursday, July 23rd for the next iteration of our new Philanthropy Women webinar series: “Lack of Funding for Women and Girls of Color: What Donors Can Do.”

The Ms. Foundation for Women has produced a new report showing how rarely funders show up for women and girls of color. In this webinar, we bring three expert opinions in to discuss how to increase funding for this population, both in the United States and globally. Guests for this webinar are Roz Lee, Vice President of Strategy and Programs for the Ms. Foundation for Women, Tessie San Martin, PhD, President and CEO, Plan International USA, and Suzanne Lerner, Donor Activists and President and Co-Founder, Michael Stars Clothing.

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Beyoncé: “Vote like our life depends on it, because it does.”

“We have to vote like our life depends on it, because it does,” said Beyoncé in her pre-recorded acceptance speech for the 2020 BET Awards. The performer and philanthropist is 2020’s recipient of the Humanitarian Award, bestowed for her work through the BeyGOOD Initiative and other campaigns.

International superstar Beyoncé is the recipient of the 2020 BET Humanitarian Award. (Image Credit: BET/Twitter)

“Thank you so much for this beautiful honor,” she said. “I want to dedicate this award to all of my brothers out there, all of my sisters out there inspiring me, marching and fighting for change. Your voices are being heard and you’re proving to our ancestors that their struggles were not in vain.”

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