Philanthropy or Investing: Why Not Both?

Editor’s Note: The following article was originally published on February 17, 2021.

When it comes to maximizing our financial impact, there is often an “either/or” approach to leveraging wealth. Do we use our dollars to fund a philanthropic effort, like a campaign or organization dedicated to women and girls, or do we turn our funds toward investment opportunities, like supporting companies with a strong commitment to diversity?

Ellen Remmer is a Senior Partner at The Philanthropic Institute (TPI) and Champion of Invest for Better. (Image Credit: Invest for Better/Ellen Remmer)

As new forms of giving spring up to meet the challenges — and opportunities — of a digital society, we are able to move further away from that attitude of “either/or.” There are ways to stretch our donor dollars further — through two types of collectives that maximize impact.

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LaTosha Brown: The Time is Now to Fund Black Women and Girls

Editor’s Note: This post was originally published on February 11, 2021.

This past summer, before the announcement of Kamala Harris as the nominee for Vice President, Latosha Brown received a phone call from the soon-to-be Vice President. The phone call was in response to an article Brown had published in Essence called Reimagining An America That Uplifts Black Girls. Vice President Kamala Harris wanted Latosha Brown to know that she shared her hope that America could reimagine the country so that all girls will be lifted up.

LaTosha Brown
LaTosha Brown shares her expertise as a movement organizer and leader, calling for more just and equitable funding for Black women and girls. ( Image Credit: LaTosha Brown)

“Vice President Kamala Harris called me to say she had read the article, and that she too was committed to women and girls all across the country,” said Brown, in a recent phone interview with Philanthropy Women.

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And The Winners Are: Announcing the Feminist Giving IRL Top Tier

Editor’s Note: The following post was first published on March 1, 2021, at the conclusion of our Feminist Giving IRL contest.

Feminist Giving IRL Contest Winners Announced! Final Vote Shows Strength in Numbers and Rising Interest in Gender Equality in the Arts, Global Development, and Women in Tech

Gender Equality in Dance, Global Girls Equality, and Women in Tech are the 3 Big Winners

A total of 563 people voted in our Feminist Giving IRL Top Tier Contest. A graphic below shows the distribution of final results.

Final vote for 2021 Feminist Giving IRL: Light blue is representing Elizabeth Yntema’s 33.4% of the vote. Dr. Tessie San Martin in the blue/green on the right came in at #2 with 19% of the vote. Sara Monteabaro is third in the bright pink with 16.5% of the vote. (Image Credit: Google Spreadsheets)

Congratulations to Our Winners!

First, a heartfelt congratulations to our winners, and thanks to all the women leaders profiled in Feminist Giving IRL for being willing to participate in this event. Each of our winners will receive a $100 honorarium and will be invited to participate in our Zoom-based Top Tier Crowning Webinar where we celebrate their accomplishments and discuss their plans for the future of gender equality in their work. Stay tuned for further details on that event.

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AOC: The Powerful Voice of Feminist Giving In Real Life

Editor’s Note: the following post was originally published on February 3, 2021.

Here at Philanthropy Women, we started a series called Feminist Giving In Real Life (F-GIRL) to provide a platform for women leaders at all levels who are giving in a feminist way. This giving can happen through donations and funding strategy, through professional excellence, and/or through leadership efforts in the community. Feminist giving is a form of leadership that has special impact because it often combines deeply personal experience and significantly political thinking and acting.

AOC
AOC became tearful as she disclosed that she is a survivor or sexual assault. In a 90 minute video on Instagram, AOC discussed the ways in which the January 6 riots constituted a form of trauma related to sexual trauma experienced by herself and many other Americans. (Image Credit: AOC on Instagram

Yesterday, Alexandria Ocasio-Cortez performed what I would call a supreme act of feminist giving. When AOC spoke out against the January 6th riots and connected these riots to her experience of being sexually traumatized, she simultaneously stood up for every human who has experience sexual assault, and challenged the largest political body of our country to acknowledge how the January 6th riots are part of a continuum of pervasive violence against women, people of color, and other marginalized groups.

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The 12 Most Promising Trends in Women’s Philanthropy

Editor’s Note: This post on feminist giving trends was originally published on August 3, 2020.

Since I launched Philanthropy Women in 2017, and even before then, I have been paying close attention to the feminist giving 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.

feminist giving
State-based women’s funds such are getting more powerful as large foundations like the Bill & Melinda Gates Foundation begin to recognize the value of their existing infrastructure to leverage social change. (Image credit: Women’s Foundation California)

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.

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Which is More Important: Women on the Moon or Gender Equity on Earth?

Editor’s Note: This post was originally published on December 8, 2020.

Is repeating space/moon travel a more pressing issue than addressing gender equality on earth?

Jeff Bezos
Jeff Bezos shared a video of his rocket engine on Instagram, with notes about the “thrust” and “deep throttling” of the machinery. (Image credit: Jeff Bezos Instagram)

Jeff Bezos seems to think so. The world’s richest man appears to be in something of a billionaire space-nerd contest with Elon Musk to see who can make the biggest cyber-splash with their private space travel enterprises.

Meanwhile, here on earth, we’re having much more pedestrian problems, such as mass deaths due to a preventable disease ravaging our populace, largely due to the extreme negligence of our country’s leadership.

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Returning to the Stage: “Prothero” at Great Salt Lake Fringe

For a group of self-described “theater kids”, putting away onstage personalities and shutting the door may have been more difficult than most. But as we move closer to “normal”, one of the first returns we’re eager to see is the return to the stage — and not just the return of the classics, but the start of something new and incredible building its way out of the pandemic.

At The Great Salt Lake Fringe Festival, held this July and August in Salt Lake City, Utah, the return to the stage is more than just a celebration of live performance. Fringe, as an arts movement, is known for themes and stories on the edges — and this year, the rise of marginalized directors, all-female casts, and feminist narratives is more apparent than ever.

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Self-Care Advice from Maya Angelou: “Withdrawing from the Cares”

2021 marks our fifth year publishing Philanthropy Women. While publishing PW is often exciting, enlightening, and inspiring, the time and energy that the constant production of content requires is significant. As a result, we are going to take a break and enjoy some time to reboot and refresh.

philanthropy women break
PW will be on break as we refresh and recharge before diving into the fall season of our fifth year.

From now until August 23rd, Philanthropy Women will be on a break. We are going to unplug for these weeks, so we can come back stronger than ever to finish out 2021. We will be using this time to be with family and friends, and enjoy favorite activities.

Our content database of over 1,050 articles will still be available. Our Gender Equality Funder Knowledgebase with over 700 listed funders will still be available. We will not be producing any new content during our break. However, each week we will be reposting some of our most popular and impactful stories from the past five years on our front page.

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Janeen Comenote on How Native Feminist Values Can Guide Giving

Editor’s Note: This interview in our Feminist Giving IRL series features Janeen Comenote, Executive Director of the National Urban Indian Family Coalition and Marguerite Casey Foundation board member.

Janeen Comenote, courtesy of Janeen Comenote

1. What do you wish you had known when you started out in your profession?

When I first started working in the nonprofit sector over 20 years ago, the concept of philanthropy was completely foreign to me and, frankly, intimidating. I wish I would have known then that my lived professional, personal, and cultural experience is an important story for philanthropy to hear. I think there is real power in sharing our stories with one another and philanthropy needs to hear our collective stories. When I first started my career, it was in a sort of silo, I was unaware of how invisible the Native community was in the larger philanthropic, and American, diaspora. I think, had I known then how profoundly that realization would shape my career, I may have utilized additional messaging about it earlier.

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After the Forum: How Do We Ensure Results from #GenerationEquality?

This summer saw the return of events around the world dedicated to feminist funding, and chief among them was the annual #GenerationEquality Forum, held online and in Paris from June 3oth to July 2nd.

generation equality
Image Credit: UN Women, Facebook

Topics ranged from progress toward the Sustainable Development Goals (SDGs) to the pandemic’s impact on women’s empowerment to notes on our progress from Canadian Prime Minister Justin Trudeau. The ultimate attitude of the Forum was one of anticipation and excitement: as the impact of the pandemic lessens around the world, we can look forward to a time of progress toward #GenerationEquality goals and recoup the social losses from COVID-19.

Over the three days of the #GenerationEquality Forum, a combination of fundraising efforts, corporate pledges, nonprofit campaign announcements, and other donations resulted in a total of $40 billion pledged to women and girls.

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