Gender Lens Investing Archives

Liveblog: Funding to End Violence Against Women of Color

Kiersten Marek, editor and publisher of Philanthropy Women, opened up today’s webinar, “Funding to End Violence Against Women of Color,” with a welcome to the speakers and audience.

She introduced the webinar with a discussion on the idea behind Philanthropy Women. Partially inspired by NoVo Foundation’s bold commitment of $90 million in funding for women and girls of color in 2016, Philanthropy Women launched in January of 2017 to cover this kind of intersectional feminist giving approach and others like it. However, with NoVo’s recent shuttering of programs for women and girls of color, the funding landscape for addressing domestic violence against women of color is facing some big changes.

Empowering Black Women Entrepreneurs with the Doonie Fund

Kathryn Finney didn’t learn her grandmother’s real name until she turned 10 years old. Doonie Hale was an entrepreneur, a single mom, and the owner/operator of her own business as a seamstress in Milwaukee. Her story, her spirit, and her work inspire Kathryn Finney’s work today as the Founder of digitalundivided and The Doonie Fund.

digitalundivided (DID) serves as a catalyst for Black and Latinx women entrepreneurs. The Doonie Fund, created by DID Founder Kathryn Finney, has offered micro investments of $100 to more than 500 Black women entrepreneurs since April 2020. (**Image Credit:** DID)

“I was 10 years old when I learned that my grandmother’s real first name is Kathryn,” says Finney. “The lessons the original Kathryn taught me about being a Black woman entrepreneur, about creating beauty, is the reason why I’m here today.”

Is Melinda Influencing MacKenzie Toward Feminist Giving?

In the world of feminist giving, we have to celebrate the wins, both the small ones and the big ones. One of those big wins is happening right now, as Melinda Gates and MacKenzie Bezos team up to distribute $30 million through the Equality Can’t Wait Fund.

With Equality Can’t Wait, Melinda Gates and MacKenzie Bezos, two of the richest women in the world, are teaming up to accelerate gender equality. It’s a big win for feminist philanthropy. (Image Credit: Equality Can’t Wait)

The more Melinda and MacKenzie can collaborate, the more the world of feminist philanthropy has to celebrate, since these two women hold more assets than many small countries combined.

Really, it’s hard to imagine a more positive development for the feminist giving sphere than Melinda Gates’s incorporation of MacKenzie Bezos right into the frontlines of feminist philanthropy. Yet this is also a searing indictment of how far inequality has advanced in our nation, that the coming together of two megabillionaires could have so much influence.

Several New Funds Launch to Support Diverse Women

With so much disparity in the way that COVID impacts different communities and demographics, it is good to see many stories in the news about diverse women coming together to bring resources to those in need. In recent weeks, new funding efforts led by women of color have launched in several states across the country including Pennsylvania, Washington State, and Georgia. In addition, new national efforts have launched to help Black women entrepreneurs, and to understand and address the intersectionality of environment, race, and gender.

Consider Something Better, a new fund launched by Lauren Napier and Whitney Brown, will encourage corporations to fund companies owned by Black women. (Image Credit: Consider Something Better)

New Funds Seek to Address Racism, Sexism

Among these new initiatives is a new fund hosted by She Can Win, an organization started in 2013 in Philadelphia to support black women entrepreneurs. She Can Win recently pooled membership dues to create a new foundation and made four initial grants to organizations on the frontlines of reproductive justice, supporting young mothers, and helping survivors heal from injustice.

Global Resilience Fund Offers Flex Funding for Women and Girls

COVID-19 puts pressure on all of us, but many women and girls are at higher risk of danger and oppression during these unprecedented times. A crisis like COVID-19 makes the widespread effects of issues like abuse, domestic violence, and rising barriers to educational, financial, and social survival much more intense–and often, much more deadly. The new Global Resilience Fund for Girls and Young Women seeks to answer this understated emergency with rapid, flexible funding to activist groups led by girls and young women.

The Global Resilience Fund is a worldwide collective of funders committed to supporting young women and girl activists with emergency funding as they respond to the COVID-19 crisis. (Image Credit: Global Resilience Fund)

The Global Resilience Fund supports informal collectives, registered organizations, and unregistered community groups led by girls, young women, and trans and intersex young people around the world. To reach populations that may otherwise have a difficult time obtaining funding, the Global Resilience Fund only offers grants to organizations with a budget of less than $50,000 per year. Successful applicants can receive “fully flexible rapid response grants” worth up to $5,000.

wiseHer Launches Coaching for Frontline Workers

Put yourself in the orthopedic shoes of a frontline worker in the midst of this crisis.

Imagine you’re a young hospital staffer, supporting a team of other frontline workers through something no one has experienced before. On top of the physical and mental demands of a regular day in the ER, now you have to handle the mental and emotional load of an ongoing pandemic, figure out how to keep your team safe with dwindling PPE, and support the emotional needs of a group of people pushed past their mental endurance.

wiseHer launches coaching — *Kathryn Rose is the founder of wiseHer, an advisory platform for women in business. (**Image Credit**: wiseHer)*

When it’s your job to support the rest of the team, where can you turn for support of your own?

Feminist Giving for COVID: Strategies and Models (Liveblog)

At 2:00 on May 14, more than 100 attendees gathered for “Feminist Giving for COVID: Strategies and Models,” Philanthropy Women’s first-ever webinar.

Joined by Marianne Schnall, Surina Khan, and Emily Nielsen Jones, our Editor-in-Chief Kiersten Marek sought to explore the questions surrounding giving and COVID: how can a gender lens improve funding and make funding more accessible?

Marianne Schnall on Feminist Giving to Address COVID

To begin, Marianne Schnall, Founder of Feminist.com and What Will It Take?, took the lead to discuss what she sees happening in terms of the feminist approaches to addressing COVID. Schnall draws on her perspective from the media and activism space.

Stacy’s Rise 2020 Opens Applications for Female Founders

If you’re a fan of hummus and veggie dip, you’re probably a fan of Stacy’s Pita Chips, too. However, like most businesses, the snack brand wasn’t always a familiar fixture in grocery stores. A combination of smart advertising tactics, mentoring, and financial support brought the female-founded brand from its origins in sandwich carts to its place in grocery stores (and our pantries!).

In honor of the brand’s rise to fame, Stacy and Frito-Lay partnered to create the Stacy’s Rise Project, a grant program designed to elevate female-founded brands. The 2020 application cycle is now open, the fourth in the Stacy’s Rise program, and it offers $10,000 grants to 15 women-owned businesses.

Lucina Di Meco: Why We Need More Women Making Decisions

Editor’s Note: This interview in our Feminist Giving IRL series features Lucina Di Meco, Senior Director of Gender Equality and Girls’ Education at Room to Read and author of #ShePersisted. Women, Politics & Power in the New Media World.

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

It’s more important to do what you truly believe in and makes you happy and excited, than what you think might look good on your resume. To a young woman in my field I would say: do the meaningful work that you enjoy doing, and trust that something good will come out of it.

2. What is your current greatest professional challenge?

Measurable Pathways to Equity: UNICEF USA’s Cristina Shapiro

Editor’s Note: This interview in our Feminist Giving IRL series features the President of UNICEF USA’s Impact Fund for Children, Cristina Shapiro.

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

Don’t make perfect the enemy of good — or great. Research shows that women feel like they need to be perfect and fully knowledgeable before they contribute or apply to new opportunities — I certainly did, and it likely held me back at the beginning of my career.

Another thing I wish I realized was that equality and equity are not the same. Though women may have equal rights in many parts of the world, that doesn’t mean they have the same access to opportunities, resulting in significant inequity. As a Hispanic woman in finance, there were very few role models that looked like me. Now, I know it is up to me to help change that dynamic.

Category: Gender Lens Investing