Since I launched Philanthropy Women in 2017, and even before then, I have been paying close attention to the trends, as well as the big plays and strategy shifts, happening in feminist giving. For that reason, I thought it might be helpful to enumerate some of those gender equality giving trends and other happenings, and flesh out what they mean both now and for the future of philanthropy.
1. Women Funders Are Getting More Ambitious With Their Strategies
I see women funders getting more ambitious with their strategies in many different ways, both in terms of the subjects they will fund as well as the approaches they are willing to try. This means they are doing bolder things with their money, which often translates into helping our culture to become more inclusive and knowledgeable about difference. For example, Mona Sinha, Chair of the Women Moving Millions Board, has done some amazing work lately supporting the documentary Disclosure. This film does groundbreaking work in terms of exploring the growing world of gender transition, helping this community to be seen and valued by society. Being unafraid to cross the barrier and fund the LGBTQ community is just one of the many bold strategies that more feminist funders are adopting more frequently.
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.
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.
“Architects of a better world” is how Melinda Gates frames the role of women in the age of COVID. In a recent article in Foreign Affairs, the co-founder of the world’s largest philanthropic organization makes the case that women’s leadership is the beacon of light the world needs most right now.
Gates starts off the essay by recognizing the silent pandemic of violence against women happening during COVID. She goes on to detail in full the many ways that women are losing access to health care and jobs, all while being piled with more housework and childcare duties.
Maternity Care Needs to Develop Workarounds for COVID
Gates is particularly worried about expectant moms in COVID, and with good reason. She relates some of the staggering losses suffered in the Ebola outbreak of 2014 in Sierra Leone. One suggestion that Gates makes for COVID: separate facilities for COVID and non-COVID pregnant women in some countries so that women can still get maternal care, even if they are COVID positive.
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.
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.
Editor’s Note: This interview in our Feminist Giving IRL series featuresRachelle Suissa, Founder and President of Dare to Run. Dare to Run is a 501 (c) 3 nonprofit organization whose mission is to educate and empower women with the skills necessary to run for public office at the local, state and national level of government.The organization offers female college graduates the chance to participate in a one-year certificate program in pursuit of a career path in public service. Dare to Run gives women the opportunity to be a voice for their communities by committing to run campaigns in search of elected office within two years of graduation from the program.
1. What do you wish you had known when you started out in your profession?
“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.
“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.”
There was a big shift in how health care functions for women yesterday. An estimated 70,000 to 126,000 women will be prevented from accessing contraception due to the Supreme Court’s decision to uphold the right of employers to refuse to provide birth control coverage for women.
Women leaders across the country decried the decision for its devastating impact on women, including women leaders in philanthropy. Elizabeth Barajas-Román, President and CEO of the Women’s Funding Network, called attention to how this decision is particularly detrimental to women and girls of color.
As feminist giving strategies have evolved, an awareness about intersectional factors for women and girls of color has grown. With that growth has come bold new imperatives to earmark funding specifically for women and girls of color, in order to ensure maximum impact. Now, Ms. Foundation for Women and Strength in Numbers Consulting Group (SiNCG) have come out with research that gives more information about how these intersectional strategies are progressing and where they stand in relation to the rest of philanthropy.
Kering’s shareholders have approved the appointment of Ms. Jean Liu, Mr. Tidjane Thiam and Ms. Emma Watson as Directors during their Annual General Meeting on June 16th, as proposed by the Board of Directors gathered on March 12th, 2020.
Ms. Watson has also been appointed Chair of the Sustainability Committee of the Board of Directors, while Mr. Thiam was appointed Chair of the Audit Committee.
The combined wealth of experience and skillsets of these three well-known figures will be a complementary asset to the Group, enhancing the quality of the work done by the Board of Directors. The latter will benefit from their contribution in defining the Group’s strategic orientations.