Leaders from eight women’s funds across the country that spearheaded the Young Women’s Initiative received the 2018 Leadership and Diversity Award, given by the The Women’s Funding Network at their annual summit, taking place this week in San Francisco.
The New York Women’s Foundation is a 2017 recipient of The Women’s Funding Network’s Leadership and Diversity (LEAD) Award, for launching the first Young Women’s Initiative in partnership with the New York City Council and inspiring similar efforts by women’s foundations across the country.
While awareness about gender and racial bias has been growing in nonprofits and foundations, particularly over the past 30 years, the leadership of those organizations has primarily remained white, straight and male. One foundation has been steadily fighting to change that, though, and now, its fight is more important than ever.
Third Wave Fund has been around for over 25 years, and is celebrating its 20-year anniversary as a foundation. The fund was founded by Rebecca Walker, daughter of renowned writer Alice Walker, and Dawn Lundy Martin, Catherine Gund, and Amy Richards, who recognized the extreme underfunding of grassroots feminist activism, and set out to remedy this funding gap.
“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.
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.”
If a foundation’s mission is to build more healthy partnerships in the world, what better place to start than with their own internal partnerships?
In fact, for Peter and Jennifer Buffett of the NoVo Foundation, developing their own partnership as a couple coincided with developing the mission of their foundation, which is to transform relationships across the globe from “domination and exploitation” to “collaboration and partnership.”
I had approached NoVo wanting to talk to either Jennifer or Peter individually, but, apropos of their partnership approach to philanthropy, I got them both. They spoke to me by phone from their home in the Hudson Valley, about two hours north of New York City.
You work in a nonprofit that supports strengthening diversity and being conscious of race and gender bias, and yet you feel discriminated against year after year, as you are bypassed for promotions and other career advancement opportunities. It’s a familiar story for many LGBTQ people of color, and now a new report has come out that fills a big research gap — the lack of data on leadership of LGBTQ people of color in the nonprofit industry.
Fourth of July, 2017 came and went, but Lady Liberty’s vigil continues, reminding us of the brave work required in every generation to truly live as a free people.
As we turn the page on the 4th of July this year, report after report like the Freedom in the World 2017 and the 2017 Social Progress Index confirm a feeling in the air today: freedom is not currently advancing but rather is in decline. According to these reports, 2016 marked the 11th consecutive year of decline in global freedom.
For Helen LaKelly Hunt, three central passions drive her work: funding for gender equality, changing the culture of intimate relationships, and rethinking the historical roots of American feminism. These three passions all come together in a new way with the publication of her latest book.
“Jennifer Baumgardner gets much credit. After all, she published this book,” said Helen, in a recent interview with Philanthropy Women. “And as a result of Jennifer’s passion, I always remind her, this book has two mothers.” Baumgardner is the Publisher at The Feminist Press, which released Helen’s book this past May.
Young feminists have been organizing across the globe for decades, but their work, particularly in the media sector, has been woefully underfunded. I know, since I was one of them. In 1969, when I co-founded Women Make Movies, women’s funds didn’t exist.
Over the decades, thousands of young activists have gathered at events like the International Forum on Women’s Rights and Development, the flagship event of AWID (Association of Women’s Rights in Development), and have talked about the need for more funding for young feminists, particularly in media. As the last decade closed, many young activists lamented that no women’s fund specifically addressed their youthful organizing needs. So they decided to start their own, with AWID and Fondo Centralamericano de Mujeres (Central America Women’s Fund) incubating this spark of an idea.
David Callahan, editor and publisher of Inside Philanthropy, will participate in a forum at the 2017 Carnegie Medal of Philanthropy honorees announcement today. The forum is entitled A New Landscape of Giving: Power, Policy, and Philanthropy and will also include Boston Globe investigative reporter Sacha Pfeiffer and Karl Zinsmeister, vice president of publications, The Philanthropy Roundtable, as panelists,with Stacy Palmer, Chronicle of Philanthropy editor, as moderator.
This will be a chance to see some of the most knowledgeable people in philanthropy discuss the trends and events that they see reshaping the landscape of giving. It sounds like a great recipe for some thought-provoking conversation, plus you can stay tuned for the announcement of the winners of Carnegie Medal of Philanthropy, which is given to honor individuals dedicating private wealth to the public good. The awards are made by an international selection committee made up of leaders from over 20 organizations established by Carnegie.