With 30 Years of Activism, this Mobile Company Continues the Fight for Gender Equality

Ray Morris, CEO of CREDO, which has given more than $9.9 million to gender equality and is the largest corporate funder of Planned Parenthood.

As I continue to survey the landscape of gender equality giving, I am occasionally struck by a particularly effective corporate model for supporting this work. One of the most stunning examples of how corporations can turn their dollars around for the cause of women’s rights is CREDO Mobile, which has been funding gender equality movements for the past three decades.

CREDO Mobile grew out of Working Assets, one of the early corporations to grasp the idea of the potential for funding nonprofits via business. The company started as a long distance provider, and then went into credit cards. One of the company’s first credit card products was a card that generated donations to progressive nonprofits with every use.

Read more

Mother’s Milk Funders: What Can Women in Philanthropy Do For International Breastfeeding Week?

Breastfeeding memes are popular on social media, a sign of the public’s ongoing interest in the topic. What if breastfeeding support became more popular among funders?

International Breastfeeding Week is August 1-7, so we’d like to take the opportunity here at Philanthropy Women to emphasize the importance of breastfeeding to human health, and to ask women givers to do more to support breastfeeding initiatives. If you want to know my opinion, breastfeeding should be a celebrated activity. What a different world it would be if, every time a woman breastfed in public, people around her paused and admired what is one of the miracles of human health.

But instead, we shame women who breastfeed in public. We eye them with disgust. If women post pictures of themselves breastfeeding, they get trolled online. Recently, Aliya Shagieva, the youngest daughter of the president of Kyrgyztan, posted a picture of herself breastfeeding her baby on Instagram, with the caption, “I will feed my child whenever and wherever he needs to be fed.”  She was accused of immoral behavior, and trolled until she took the picture down.

Read more

Women Givers: This New Platform Will Help You Empty Your Closets for Your Favorite Cause

Christena Reinhard is Co-Founder of Union & Fifth, which makes it easy to sell designer clothes for a cause, and has a specialty campaign around gender equality with Eileen Fisher Foundation.

One thing that repeatedly intrigues me in philanthropy is the way that women leaders put together the components of giving and social progress in new and creative ways, in order to maximize deployment of funds to important causes. Nearly every week, I come across a new combination of philanthropy and social action that a woman is pioneering.

This week’s amazing tale of women doing good in the world comes from the online retail sector and a new hub for online shopping called Union & Fifth. This nonprofit online store makes it easy for you to donate women’s designer clothing, shoes, and handbags, and choose a cause for where the money will be donated.

Read more

Want to Invest with a Gender Lens? Put this Women-Owned Firm On Your Interview List

Investment experts like Suzanne Mestayer, Managing Principal at ThirtyNorth Investments, are leading the way for gender lens investing to become a larger part of the financial sector.

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.”

Read more

Livestream Today: Ellevate Network Summit on Mobilizing the Power of Women

Sallie Krawcheck, CEO and Co-Founder, Ellevest

One of the things I love about Ellevate Network is the way they are bringing together authority, autonomy, and agency in order to grow gender equality movements. Sallie Krawcheck comes with the authority in finance, she has now launched Ellevate which gives her vision more autonomy, and today Ellevate is taking a big step to increase the agency of gender equality movements by hosting its first-ever summit to mobilize gender equality movements.

From the Summit’s webpage:

Action. Impact. Power.

Read more

Video: Grantmakers for Girls of Color Convened 125 Funders

Today, Grantmakers for Girls of Color will hold its second annual convening, with more than 125 funders meeting in New York for a day-long dialogue about girls of color and safety.

Grantmakers for Girls of Color (GGOC) is an unprecedented collaboration of philanthropic funders that are particularly focused on challenges faced by girls of color.

From the press release:

At the convening we will learn how girls of color are most impacted by interpersonal and state violence and how movements are responding. Together, this is a chance for funders to focus on intersecting safety concerns facing girls of color, as prioritized by those leading movements, and to explore how we can best support efforts working to create safety.

Read more

Business Worldwide Aligns with Global Goals, But Trump Rejects New Economy

Launched in January of 2016, The Business and Development Commission makes the  case for achieving a sustainable economy that will also address environmental issues. The Commission helps businesses align with the Global Goals, and track the economic gains of adhering to these goals.

Because of the importance of addressing climate change for women worldwide (as well as for all other manner of human and other species), it is important to take note of the economic activity that other countries are poised to engage in as a result of the Paris Accord. It’s also important to note how the U.S. will miss out on these economic opportunities because of our current poor (and non-representative) presidential leadership.

Recently, a new international commission formed to encourage more businesses to see the sustainable development goals as a smart business move — one that will generate an estimated $5 trillion and 230 million jobs in Asia alone by 2030.

Read more

Ellevate Holding Conference to Activate Gender Equality Movements

Sallie Krawcheck, CEO and Co-Founder, Ellevest

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.

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:

Read more

Millennial Women Beg to Differ: Generational Differences in Women’s Giving

These are the top three issues for Millennial giving. What if one of the top three was gender equality? What kind of a difference would that make?

Fidelity Charitable has come out with a new report on trends in women’s giving, and it is definitely food for thought for anyone in the women’s philanthropy field.

The report delves into generational differences in giving between Millennial women and Boomer women.

Before talking about the report’s findings, I want to draw attention to the methodology, so we know specifically who we are talking about when we talk about Millennials and Baby Boomers. The report used survey data from Millennials, which they defined as women age 17 to 37, and Baby Boomers, which they defined as women age 51 to 71. So women in the 37 to 51 range (like me!) are not being talked about in the report.

Read more