Texas Women’s Foundation is 100 Percent Invested in Women

The Texas Women’s Foundation (TWF) recently announced that 100 percent of its $36 million dollars in financial assets are now invested in a “gendered impact” portfolio.

The gender impact strategy seeks a strong return on investment while having the investment itself—and not just the return that accrues to Texas Women’s Foundation—benefit women and girls. This approach makes TWF the first and only women’s fund or foundation to move all of its financial assets—which include endowments, operating investments and donor-advised funds—into gendered impact.

The Texas Women’s Foundation recently announced the gender-alignment of 100% of its assets. (Image Credit: TWF)

“We hope that we can inspire others to become part of what is now a global movement around impact investing,” says Roslyn Dawson Thompson, Texas Women’s Foundation president and CEO. “Specifically for women’s funds and foundations, we can demonstrate how, by mission-aligning 100% of our assets with our philanthropy, we can powerfully accelerate the change we seek in the world.”

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Prioritizing Gender Equality: A Response to the Gates Annual Letter

When one of the richest women in the world decides that gender equality should be more of a priority, what impact does that have? Should we cheer, or fear, this development?

For two decades, Bill and Melinda have spent $53.8 billion on philanthropy, all for the purpose of making the world a better place. Now, for the first time in that twenty years, Melinda Gates has planted a stake in the ground and declared gender to be a topic of high priority for the foundation’s work, and for her own work happening separately through Pivotal Ventures. From the letter:

Melinda Gates devotes much of her part of the Gates Annual letter to discussing her agenda for bringing gender equality to the fore as a social issue. (Image Credit: Gates Foundation website)

In addition to the foundation’s 20th anniversary, this year marks another milestone I’ve been thinking about a lot lately: the 25th anniversary of the Beijing World Conference on Women. (If that name doesn’t ring a bell, you may know it as the event where Hillary Clinton famously declared that “Human rights are women’s rights, and women’s rights are human rights.”)

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Vital Voices Teams Up with wiseHer to Grow Women in Business Globally

(February 4, 2020) wiseHer and Vital Voices Collaborate to Accelerate Impact of Women Entrepreneurs Across the Globe

New partnership provides personalized advice and financial support to Vital Voices’ network of social entrepreneurs and women business leaders, expands wiseHer’s global reach

Vital Voices and wiseHer have announced a new collaboration aimed at helping women business owners with mentoring and professional development. (Image Credit: wiseHer)

Framingham, MA: wiseHer, a female-founded global knowledge marketplace that helps women business owners and professionals advance through 1:1 access to expert advice, is proud to announce a new partnership with Vital Voices, a global movement that invests in women leaders who are solving the world’s greatest challenges.

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Empowerment is Now Online: the Hello World Connection

Imagine that you had lived your life up to this point never experiencing the internet. No smart phones, no online recipes, no Google searches or social media.

How much would your life change if, one day, you were connected to the online world?

Katrin McMillan works with local children on the construction of their Hello Hub. (Photo Credit: Project Hello World)

The potential uses of internet access are abundant: education, job training, medical resources, advancements in farming and agriculture, communication with people across the world, all available at the touch of a button. For many communities, however, that online world is something out of science fiction. Women, children, and entire societies fly under the radar of education and international support simply because they live without access to the world’s information superhighway.

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Why Should It Be Easy? Power and Complexity in Gender Lens Investing

“We need to put pressure on the systems to ask different questions,” says Joy Anderson, in a much-anticipated conversation I had with her recently about gender lens investing and its potential to move the needle on gender-based violence.

Joy Anderson, President and Founder of Criterion Institute (Photo Credit: Criterion Institute)

I’m particularly eager to see movement to end gender-based violence. As a therapist and social worker specializing in trauma, I have treated many people who were victims of physical, sexual, and emotional violence that related to their gender. Joy Anderson is just the expert I want to hear from: someone who can make the case that society can move in the direction of being healthier and more prosperous at the same time by employing gender lens investing techniques.

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Announcing the 2020 Philanthropy Women Leadership Awards

We have come full circle on one of the most astonishing years for women’s philanthropy in human history. And yet, as we all know, there is still so far to go. As part of that process of moving forward for gender equality, it gives me great pleasure to announce this year’s Philanthropy Women Leadership Awards.

This year we decided to do something different and opened up 6 of the 10 awards to community voting. We had 689 respondents to our voting survey, and the results confirmed the growing interest in and competitive landscape of women’s giving and social movement-building for gender equality.

With the final four awards this year, we decided to open up some new categories, not necessarily based on Philanthropy Women’s coverage, in order to recognize groundbreaking women journalists and filmmakers contributing to gender equality movements. Oftentimes, this kind of media work is very philanthropic in nature, as women journalists and filmmakers often give of their own time and resources for years and years (sometimes decades!) in order to educate the public on critical issues.

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Coca-Cola Foundation Makes $1 Mil Donation to Girls Who Invest

December 9, 2019 — The Coca-Cola Company is marking its 100th anniversary as a public company today with a $1 million grant to Girls Who Invest from The Coca-Cola Foundation.

Girls Who Invest (GWI) is a non-profit organization dedicated to promoting diversity and inclusion in investment management, with a specific focus on increasing the pipeline of women entering the industry in frontline investing and leadership positions.

See Philanthropy Women’s previous coverage on Girls Who Invest.

Girls Who Invest will receive $1 million in funding from the Coca Cola Foundation. (Image Credit: Girls Who Invest)

The grant will provide scholarships for approximately 40 women at U.S. colleges and universities to explore careers in investment management by participating in rigorous, four-week on-campus training programs at the University of Pennsylvania, the University of Notre Dame or the UCLA Anderson School of Management.

The academic program is followed by a six-week paid internship at one of GWI’s more than 100 partner investment management firms in the United States, Canada and the United Kingdom, during which scholars work alongside investment management teams.

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How Can Feminist Funding Help Shift Games Culture?

The game development world is changing. And it’s changing for the better.

At PAX Unplugged, held in Philadelphia from December 6-8, developers and fans alike gathered for a weekend of celebrating one of our favorite pastimes: analog board games. The atmosphere at this convention was different from others I’ve been to in the past. The excitement was there, of course, as was the kid-in-a-candy-shop feeling that permeated the Expo Hall, but there was an edge to the proceedings that I haven’t felt before, a conversation that started a few years ago and is turning into one of the most compelling threads in game development today.

From L to R: Developers and freelancers Clio Yun-Su Davis, Misha Bushyager, Kira Magrann, John Stavropoulos, and Jabari Weathers gather for “Lesbisnakes, Orcs, and Vampires: Who are TTRPGs’ Monsters?” (Photo Credit: Maggie May)

For generations, games were seen as something of a “boy’s club,” an industry dominated by white, male players consuming games and media designed by white, male-dominated studios. While there is still much work to be done in this arena, progress is on its way.

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Feminist Giving In the News

We’ve started a new feature here at Philanthropy Women called Feminist Giving in the News. This service combs through the news online to find all the stories that are relevant to the evolving world of feminist funding and women-led approaches to social change, both in the for-profit and nonprofit realms.

With its Feminist Giving In the News articles, Philanthropy Women will be sharing more news on the ripple effects of gender lens giving and investing.

These posts will be interspersed with our original journalism on feminist giving, and will likely add up to about five new posts a week. To start off, here our first two weeks of top stories for Feminist Giving In the News:

“Olympics and Women” Launches in China with Support from Visa

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Women’s Foundation of California Celebrates 40 Years of Social Change

On October 17th, 2019, the Women’s Foundation of California (WFoC) celebrated its fortieth anniversary with a major announcement: the organization pledged $40 million to gender justice, and began its groundbreaking campaign to raise the funds to facilitate another forty years of gender justice grantmaking.

Surina Khan, CEO of the WFoC, celebrates her 5-year anniversary as CEO alongside the Foundation’s 40th birthday. (Photo credit: Women’s Foundation of California)

Less than a month later, the WFoC is more than halfway to its goal of $40 million. This stunning fundraising effort is the result of a steadfast community of donors, supporters, and activists, which the Foundation has built over forty years of campaigning for social change.

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