Is It Possible? Accenture Commits to Full Gender Balance by 2025

Accenture, a professional services company, has announced a new goal to reach gender parity in its workforce by 2025.

Accenture, a professional services corporation which has studied and made public its own employee demographics, plans to reach 40% female employment by 2020. In addition, the corporation recently announced a new goal for total gender parity in its workforce by 2025.

But is it possible? Studies that peg the gender ratios for corporate boards predict the year that gender parity will be realized on corporate boards is 2055. Other studies suggest it will take another 40 years to close the gender pay gap in academia. But the company has a strong ethic of transparency that they believe helps them advance community objectives, and might possibly put them in a position to lead the charge on gender equity in business. “When you publish a goal, it holds you accountable to a higher level,” says Ellen Shook, chief leadership and human resources officer at Accenture, in this article from Fortune.

Read More

Bloomberg and Partners Support Project Aimed at Female Coffee Farmers

An article from Barista Magazine brings good news for women and coffee aficionados worldwide: the launching of a new program aimed at improving coffee quality and productivity for female farmers in Colombia. The new program is a partnership of Strauss Coffee, Sustainable Harvest and the Relationship Coffee Institute. From the article: 

Sustainable Harvest has a wide array of supporters including The Clinton Foundation, Bloomberg Philanthropies, and the Lemelson Foundation. It reports leveraging more than $4 million in development grants from foundations and academic, corporate and institutional partners, to deliver programs that help coffee farmers.

A lot of things make coffee better—for example, better growing practices, a deeper understanding of soil quality, or more advanced machinery for depulping coffee cherries. Time and again, one of the single biggest contributors to an increase in both coffee quality and outcomes for farmers is investment in women. That’s why Strauss Coffee, one of the largest coffee companies in the world, in partnership with Sustainable Harvest Coffee Importers and the Relationship Coffee Institute (RCI), are taking part in a new incentive program aimed at improving the lives of female farmers in Colombia.

Read More

How Will Giving Compass Impact Women’s Philanthropy?

Recently, I got an email from Stephanie Gillis, Senior Advisor at the Raikes Foundation, wanting to “explore potential synergies” with the work we are doing at Philanthropy Women. Naturally, I was eager to do so, and soon learned about Givingcompass.org, a new team effort of several foundations and nonprofits, aimed at drawing on the chops of the tech sector in order to provide more resources for the philanthropy sector, particularly around how to assess the quality of philanthropy and get the most impact per philanthropy dollar.

Giving Compass aggregates philanthropy news and information by topics, including news and information about women’s philanthropy.

What got me smiling right away as I got an inside tour of  GivingCompass.org: It looks like they are going to do philanthropy news aggregation right. Inside the site, partners of great magnitude have already signed up to be part of the 12-16 “magazines” that will aggregate multiple areas of philanthropy, helping to feed donors and the nonprofit sector with a new source for matchmaking, as well as data, case examples, and strategy on how to give.

Read More

New Ellevest Conference to Activate Gender Equality Movements

Since its launch in May of 2016, I have started following Ellevate Network on my Twitter feed, and I am always impressed by the quality of their material on both gender equality and gender lens investing. Now, the new startup that aims to capture the $11 trillion women’s investing market, is holding a conference in June to activate gender equality movements. Sallie Krawcheck, the architect and founder of Ellevest, came to my attention last spring when I was creating a list of 9 Gender Lens Investors to Know About.

Sallie Krawcheck, CEO and Co-Founder, Ellevest

Here is my capsule on Krawcheck from that article:

Sallie Krawcheck, CEO and Co-Founder, Ellevest

Known as one of the most senior women on Wall Street, Sallie Krawcheck is a mastermind of finance who has now broken out on her own to make gender lens investing a priority. Formerly president of the Global Wealth and Investment Management division of Bank of America, Krawcheck is widely published on issues ranging from Wall Street regulatory reform to how to manage a start-up. Krawcheck is on a mission to close the gender investing gap, and help women everywhere figure out a good equation for money in their lives. In a recent interview for CNBC about Ellevest, Krawcheck was quoted as saying, “If I were to go very Gloria Steinem on you, I’d say until we get this gap closed, we’re not going to be equal.” Her new platform, Ellevest, is just getting started on cashing in on the $11 trillion market of assets controlled by women.

Read More

Women Leading Change Event in Providence Features Jackie VanderBrug

Jackie VanderBrug will speak about gender lens investing in Rhode Island on June 7.

The world of gender lens investing has yet to be even marginally explored for all its potential, especially given that  only 1.1% of assets under management in the asset industry are controlled by women and minorities.

That’s why it’s exciting to learn that the Women’s Fund of Rhode Island is hosting an event on June 7, 2017 featuring Jackie VanderBrug, gender lens investing expert. I featured Jackie VanderBrug in my list of 9 leaders to know in gender lens investing. Here is my capsule on her:

Jackie VanderBrug, Senior Vice President and Investment Strategist, US Trust

VanderBrug is one of the earlier and most dedicated leaders in the new field of gender lens investing. She comes from Criterion, another pioneer in the field where she helped develop the Women Effect. VanderBrug’s awareness of the interrelated nature of social change began when she was a domestic policy analyst for the U.S. Congress. Along with Sarah Kaplan, VanderBrug recently authored an article entitled the Rise of Gender Capitalism, published in the Fall 2014 issue of the Stanford Social Innovation Review, which discussed in detail how investing with a gender lens creates financial and social impacts, while also helping women.

Read More

Scaling the Mount Everest of Gender Equality in Minnesota

roper-batker
Lee Roper-Batker, CEO of the Women’s Foundation of Minnesota.

“We know Minnesotans have many shared values, including equality and opportunity,” says Lee Roper-Batker, CEO of the Women’s Foundation of Minnesota. But getting those shared values to manifest in support for policies that advance women and girls is sometimes a task that feels comparable to scaling the world’s highest mountain. “We have to meet people where they are and bring them with us,” she says, which can often be a daunting task.

Lee Roper-Batker spoke to me by phone from her office at the Women’s Foundation of Minnesota (WFM) in downtown Minneapolis, a stone’s throw from the Mississippi River. The WFM is the oldest and largest statewide women’s foundation in the U.S., and its mission is to engage in “systems change” affecting individual, cultural and community attitudes and behaviors. The goal is to move institutions and public policies toward gender equity, something that Roper-Batker describes as “Our Everest.” A Minnesota native, Roper-Batker has headed the Women’s Foundation of Minnesota, which started in 1983, since 2001.

Read More

Kate Coyne-McCoy and the Rise of Women in Politics

“The more that philanthropy can do to encourage and support women in running for office, the better,” says Kate Coyne-McCoy, CEO of The Campaign Fixer, who has spent much of her career trying to bring more women into American politics. Coyne-McCoy has trained over 9,000 women to run for office, and she has a message for philanthropy.

kate coyne-mccoy
Coyne-McCoy has trained over 9,000 women to run for office. She wants to know what is still holding many women back.

“Do more politically, period,” she said in a recent interview with Philanthropy Women, when asked what her message would be to progressive women donors and their allies.  “Until you make an investment in the electoral and political process, you’re never going to see the change you want.”

Read More

How is Walmart Doing with Supporting Women’s Funds and Women’s Empowerment?

Walmart supported the creation of a Women-Owned logo for suppliers, to increase visibility for women-owned businesses in their supply chain.

Given that Walmart is the largest employer in America, second only to the government, the fact that they are taking an active stance in addressing women’s empowerment is particularly important.

We want to make sure Walmart’s grantmaking gets talked about here on Philanthropy Women because they are such a large and influential company, not just in America, but globally. Because of their size, their ability to influence both the economy and the culture is great, and will likely have a growing impact on issues related to women as time goes on.

Read More

Why Listening for Good is Important to Women in Philanthropy

I’ve covered the Fund for Shared Insight before, and I want to call attention to this new announcement, since it’s a great example of how philanthropy is evolving into a more democratic creature — by becoming more aware of what does and does not work in funding strategies.

Many women’s funds and foundations were early believers in incorporating grantee feedback into the grantmaking process. Women’s funds and foundations were also some of the first to bring grantees onto foundation boards to help inform the decision-making process. Some research suggests that women have a leadership edge with their listening and relational skills.  Whether that’s true or not, women leaders in philanthropy can and should engage in active listening to create more effective strategies.

Now, Shared Insight has issued a national, open request for proposals for nominated nonprofits to participate in Listen for Good — Shared Insight’s signature initiative which helps funders and nonprofits advance high-quality feedback loops.

Also in the good news department, there are five new funders joining the network of partners: the Einhorn Family Charitable Trust, the Bill & Melinda Gates Foundation, The James Irvine Foundation, The Rockefeller Foundation and Omidyar Network. This brings the total for funding partners of Shared Insight to 39.

From the press release:

 

‘Listen for Good’ Open Request for Proposals Released; Five New Funders Announced

Listen for Good 2017 Request for Proposals Posted

Shared Insight is excited to announce that it is offering up to 75 Listen for Good (L4G) grants in 2017.

The goal of L4G is to help nonprofit organizations—across issue areas, populations served, geographies and budget levels—build the practice of high-quality feedback loops with those they serve. The L4G methodology is simple, yet systematic and rigorous. In order to engage more funders in supporting beneficiary feedback efforts and using the data to inform their work, L4G is structured as a co-funding opportunity.

To participate in L4G, a nonprofit must be nominated by a current funder (existing or new). If the nonprofit(s) a funder nominates is selected to participate, the nominating funder will contribute $15,000 of the $45,000 grant total for each nonprofit selected. Grantees will receive a grant of $45,000 over two years: $30,000 paid the first year and $15,000 the second year. Shared Insight will accept proposals from funder-nominated nonprofits through May 26, 2017.

For funders to learn more about how to nominate a grantee, click here. For nonprofits to learn more about how to apply for a L4G grant, click here. 

In addition, Shared Insight will hold two informational webinars for potential nominating funders:
New Core Funders Join Fund for Shared Insight 

Since July 2014, Shared Insight core funders have pooled financial and other resources to make grants to improve philanthropy. The initiative is delighted to announce four new core funders have joined this collaborative effort: the Einhorn Family Charitable Trust, the Bill & Melinda Gates Foundation, The James Irvine Foundation, and The Rockefeller Foundation.
  •          “The Einhorn Family Charitable Trust is thrilled to join Fund for Shared Insight and contribute to this vital work to improve philanthropic effectiveness,” says Jennifer Hoos Rothberg, Einhorn’s executive director. “Our relationship-based approach to philanthropy—when done well—is one of the chief factors in helping our partner grantees achieve impact, and we’re thrilled to work in partnership with such a talented group of colleagues from foundations we have long admired to help support and advance the field in this way.”
  •          Don Howard, president and CEO of Irvine adds: “We are big believers in Fund for Shared Insight’s goal of improving services and impact by listening. We’re especially interested in advancing funders' abilities to listen to the people we seek to support, and using that information to guide our decisions.” He continues, “Joining Fund for Shared Insight is a great opportunity for Irvine to partner with like-minded funders that are experimenting with incorporating community-level input into our work and the work of our grantees. We look forward to being part of these efforts and to sharing what we learn.” 
  •          “As a leader in philanthropic innovation for over a century, The Rockefeller Foundation is excited to become a core member of Fund for Shared Insight and further our ongoing commitment to strengthening both our own practices and the field of philanthropy writ large,” says Dr. Rajiv Shah, Rockefeller’s president. “Today, institutions like ours are more rigorous, analytical, and results-oriented than ever before, but there is still much we can learn—not only from each other, but also from researching and experimenting with new approaches. The more ways we can listen to and understand the perspectives of the people we seek to serve, the more effective our efforts will be.”
The original core funders of Shared Insight are the David and Lucile Packard Foundation, the Ford Foundation, the Gordon and Betty Moore Foundation, The JPB Foundation, Liquidnet, the Rita Allen Foundation, the William and Flora Hewlett Foundation, and the W.K. Kellogg Foundation.

Omidyar Network Supports Shared Insight

Shared Insight is also delighted to welcome the Omidyar Network as its newest funding partner, supporting its efforts to improve philanthropy through a one-year grant. With this latest additional funder, there are now 39 funding organizations participating in Shared Insight either as core funders, additional funders, or Listen for Good co-funders. 

For more information on how to get involved, please contact Melinda Tuan, managing director, at melinda@fundforsharedinsight.org.





Many in philanthropy, including top women leaders like Helen LaKelly Hunt and Gloria Steinem, talk frequently about the importance of listening to those who we seek to help. Listen for Good (L4G) is an initiative that invites nonprofits and funders to “join us in exploring a simple but systematic and rigorous way of getting feedback from the people at the heart of our work.” In 2016, L4G made 46 grants supported by 28 nominating co-funders.

 Read More

New Coalition Highlights Need for Gender Equality Investments

The following letter is from a new coalition of gender equality organizations called WomenForward. They are a diverse group, encompassing direct service nonprofits as well as global mentoring networks, and more. The coalition was launched earlier this month by  The PIMCO Foundation, a corporate donor from the financial sector.

womenforward
Skaters from WomenForward coalition member, Figure Skating in Harlem

These kinds of connections are one of the strengths of women’s philanthropy — being able to build broad-based coalitions that cut across multiple sectors to find a shared agenda. Check out the letter, and make sure to visit some of the organization’s websites, to get a sense of all the good that is happening out there in the world, despite the many challenges for women in our economy and culture.

Read More