Black Leaders Call for $1 Billion Decade-Long Investment in Black Girls

On September 15, the 57th anniversary of the 1963 Birmingham, Alabama church bombing that killed four Black girls, a group of prominent Black women launched the Black Girl Freedom Fund. The group’s open letter and social media campaign mark the beginning of a one-billion-dollar effort championing Black girls and their families.

Image Credit: Black Girl Freedom Fund

The open letter from the Black Girl Freedom Fund notes that while Black Lives Matter attracts strong philanthropic support, “Black girls and young women still remain adultified, victimized by violence, and erased from the very same social justice movement for which they continue to risk their lives.”

The letter demands that Black girls receive the attention and support they deserve:

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Black Girls Dream Fund Launches with Support from WDN, Others

(Sept. 10, 2020) SOUTHERN BLACK GIRLS AND WOMEN’S CONSORTIUM LAUNCHES BLACK GIRLS DREAM FUND

The $100 million fundraising initiative will support making Black girls’ dreams a reality

Black Girls Dream Fund launches with support from Women Donors Network, Mary Reynolds Babcock Foundation, Lucy and Isadore B Adelman Foundation, Collective Future Fund, and the Momentum Fund. (Image Credit: Black Girls Dream Fund)

ATLANTA – Today, the Southern Black Girls and Women’s Consortium (SBGWC) kicked off a 10-year fundraising initiative to raise $100 million to financially empower the goals of Southern Black girls and women in the United States through the Black Girls Dream Fund. The new Fund seeks to fundraise and shift current grantmaking efforts in the South, channeling greater resources toward organizations that are intentionally supporting and empowering Black girls and women. 

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Equal Rights Amendment Can’t Wait in Time of COVID

Three weeks ago, I was elected as Board Chair of the Equal Rights Amendment Fund for Women’s Equality. As a funder and champion of women’s rights and economic justice, this call to step up could not have come at a more urgent time. 

The ERA Coalition is the sister organization to the Equal Rights Amendment Fund for Women’s Equality. (Image Credit: ERA Coalition)

Each one of us has had many moments of reckoning during COVID-19. But as women of color, we have seen that COVID has treated us differently from the rest. Race has been identified as a co-morbidity and a risk factor, just like diabetes or heart disease. Our healthcare systems, our educational systems, and our systems for protecting essential workers are all struggling mightily against a dangerous and mysterious disease. Basic rights and systems have been demolished for women, and women of color are being particularly hard-hit, facing higher rates of job loss while also being expected to bear more responsibility for caregiving and educating children.

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Lessons for Philanthropy from Black Women Leaders

I’ve lived and breathed women’s philanthropy for much of my career, from the cubicles of corporate philanthropy, to the living rooms of philanthropists, and the open-office workspaces of nonprofits both large and small. While constantly assured I was in the most “game-changing” and “innovative” conversations on giving, rarely can I recall speaking about the contributions of Black women in philanthropy.    

black women leaders
Chantal Bonitto reminds readers of the lost stories of black women leaders in philanthropy with an essay exploring their contributions.

When you ask most people to name philanthropic leaders, the list is usually populated by their family members plus a few American tycoons. Industrialists of the early 20th century such as Andrew Carnegie, Henry Ford and John D. Rockefeller come to mind, as do the technology and finance titans of today. Reflecting the historic racial divisions in financial wealth in America, philanthropic history and communities largely reflect the charitable actions of white ultra- wealth. 

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New Listings in our Knowledgebase Every Week, and VOTE!

Thank you to all the readers and new subscribers who are joining us daily. It’s really great to feel the Philanthropy Women community growing. As editor, I want to alert readers to the resource of our Gender Equality Funder Knowledgebase. This is the place where you can find funders for gender equality across categories of corporate, private, and family foundations.

vote gender equality knowledgebase
Protesters take a knee for George Floyd at protests in Uptown Charlotte, North Carolina on 5/30/2020 (Image credit: @clay.banks)

We aim to list all funders for gender equality in both the U.S. and globally and have been steadily building this database out for over a year. We now have over 500 listings and are currently adding about 8 new entries to the database every week, so we hope these additions are helping feminist nonprofits find more resources for their work.

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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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Caress Gives $1 Mil as Founding Donor to IFundWomen of Color

ENGLEWOOD CLIFFS, N.J., June 24, 2020 /PRNewswire/ — Throughout history communities of color have been affected by systemic racism and societal injustice. The global pandemic of COVID-19 has further highlighted the ongoing economic, health and social inequities communities of color faceAs a brand that aims to empower and uplift women, we recognize that, women of color entrepreneurs and small business owners face specific challenges and lack of access when it comes to starting or sustaining their businesses.  

IFund Women of Color
(PRNewsfoto/Caress)

Today, Caress has announced a $1,000,000 investment over the next 2 years to support women of color entrepreneurs through a founding partnership with IFundWomen of Color. IFundWomen of Color (IFWOC), is the leading platform for diverse entrepreneurs to raise capital through crowdfunding, grants, and coaching. Through this partnership these entrepreneurs will receive the support needed to stay open, re-open, and ensure their long-term success. Beginning with a $500,000 immediate relief donation to support 200 women of color entrepreneurs, already in the IFWOC community, with funding and IFWOC group coaching, mentorship, and connections needed to sustain their businesses. 

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Givebutter: A Better Way to Crowdfund the Future of Feminist Giving

More than 90% of campaigns on GoFundMe ultimately fail. And for those that succeed, hidden fees and exorbitant processing charges put extra hurdles between nonprofits and funding their work. This paints a grim picture for crowdfunding, especially online giving for feminist campaigns.

What if there was a platform that combined the ideals of crowdfunding with versatile fundraising methods like direct donations, event sales, and donations through social media?

Image Credit: Givebutter

Givebutter, a (mostly) free giving platform for nonprofits, schools, student groups, sports teams, and companies, offers a convenient, easy-to-use, and–most important at all–transparent giving system that could transform the future of giving.

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Crisis Fundraising for Nonprofits: Training Course Begins July 24!

So far, 2020 has thrown a lot at nonprofits. This unprecedented year has been full of crisis, conflict, and budget crunching, and many social change organizations have had to scramble to pull together funds simply to keep their doors open. In Fundraising During A Crisis, a twelve-week course from Wright Consulting Group, Alyssa Wright and her team hope to arm nonprofit leaders with the skills they need to successfully raise funds in the midst of uncertainty.

Through “Fundraising During A Crisis,” Alyssa Wright and her team will arm nonprofit professionals with the skills and tools they need to successfully raise money during unprecedented times. (Image Credit: Alyssa F. Wright)

Fundraising During A Crisis is a online 12-week course that includes an analysis of the current philanthropic landscape, a check-in for fundraisers as to how they measure their success and who they want to become as purpose-driven professionals, and time to connect with guest speakers who you wouldn’t normally see as part of the development field,” says Wright, Founder of Wright Consulting Group. “It’s a really important program because it teaches nonprofit leaders how to adapt to ever-changing circumstances and also, what to value and how to measure their success during this very uncertain time.”

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Verizon Commits $7.5 Mil to Small Business Recovery Fund

Another corporate funder has stepped in to help small business in this time of economic uncertainty. Verizon recently announced another $2.5 million commitment to small businesses, bringing total funding for the Verizon Small Business Recovery Fund to 7.5 million dollars.

The Verizon Small Business Recovery Fund supports diverse businesses impacted by COVID-19 with the facilitation of Local Initiatives Support Corporation. (Image Credit: LISC)

“Small businesses across the country are confronting extreme economic challenges as a result of the Covid-19 pandemic,” writes the communications giant in the description of the program. “Financial support at this critical time can make the difference between staying in business or closing permanently, leading to lost income, jobs and economic stability.”

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