ReflectUS is a bipartisan coalition of leaders working to get more women elected to public office.
One of the largest public women’s foundations in the country is hosting a convening of leaders in Dallas to address the lack of gender equality in local government.
The Texas Women’s Foundation will host 60 women leaders from diverse backgrounds to work on getting more women elected to public office in Dallas County. On February 6, these leaders will come from many organizations we have talked about here at Philanthropy Women, including IGNITE, Vote Run Lead, and She Should Run.
All of these organizations are part of a larger network called ReflectUS. Reflect.US is a nonpartisan coalition of seven leading women’s organizations: Represent Women, She Should Run, Empowered Women, Women’s Public Leadership Network, IGNITE, Vote Run Lead and Latinas Represent.
Guests on tomorrow evening’s Virtual Happy Hour with Gloria Feldt include Reshma Gopaldas, Mira Lowe, and Amy Emmerich.
Tomorrow evening’s Take the Lead Virtual Happy Hour will feature an exciting group of women talking about one of my favorite topics: journalism. Tomorrow’s event is called The Real Story: Women in Journalism Finding Fair Solutions.
The web call will discuss ways to promote change that will make for more equal representation and pay of women journalists. Given that Philanthropy Women is a journalism endeavor, I am planning to be on that call to see what I can learn for my work, and to discuss philanthropy’s current and future impact on these issues.
Impact Alpha is a digital media company that describes its mission as “redefining business journalism around social and environmental value.”
Recently, I listened in on a call hosted by Catalyst at Large Suzanne Biegel, and author David Bank of Impact Alpha. Guests on the call included Luisamaria Ruiz Carlile of Veris Wealth Partners, which specializes in gender lens investing and research.
The call provided fascinating insights into the world of gender lens investing. Though in its early formative years, gender lens investing is a growing area of financial investment that is destined for big things.
Biegel began the call by giving an overview of both the expanding language and the expanding financial investments in the gender lens investing sector. “Gender lens investing is still small in the relative scheme of things, but it’s so much bigger than it was,” said Biegel. She shared the latest statistics from Project SAGE at the Wharton School of Business Social Impact, which turned up a record 87 funds that are now investing with a gender lens, with 46 of those funds being new creations that occurred between 2017 and 2018.
This is just a quick post before taking a few days off to enjoy time with family and friends. We will be covering several important events in upcoming posts, including a fascinating call on Gender Alpha with Suzanne Biegel and David Bank, where they discussed how “Gender Alpha” is all about identifying the specific dividends that gender lens investing yields. Biegel and Bank are co-producers of November’s Gender-Smart Investing Summit in London. Guests on the call included Luisamaria Ruiz Carlile of Veris Wealth Partners, which specializes in gender lens investing and research.
And one other quick note to acknowledge the significance of the recent elections, where voter turnout was higher than it has been in 104 years. That’s right — the last time voter turnout was as high as it was in 2018 was in 1914, before women even had the right to vote. Now that women and millennials are getting into the driver’s seat with social change, we hope to see even better voter turnout in 2020. I don’t know about you, but I am mighty thankful that people are finally getting the message (it seems!) about the importance of civic engagement. That could mean in 2020 we elect a President that gets us back on track in terms of valuing safety, diversity, and systems change to address inequality.
Women, and particularly women of color, made historic gains in the 2018 elections. Much of this new political activity was driven by progressive women donors.
The election of Donald Trump has sparked a wave of political activism never seen before, particularly among progressive donors.
According to the Center for Responsive Politic’s data, the top 154 donors spent a combined total of over $700 million this election cycle, with Democrats and progressives spending an estimated total of $327 million in this election, and Republicans and conservatives spending an estimated $350 million.
While the Center for Responsive Politics is reporting that this year’s midterms were by far the most expensive in history, with a large share of that spending coming from the right, another large share of that spending involved progressive women donors opening their wallets to fund the protection of key civil liberties including reproductive rights, health care, and social inclusion.
Taking the most recent data from the Center for Responsive Politics, I’ve parsed out the top women donors to progressive causes and candidates. Most of these women gave with their partners, so their decisions to give to progressive causes likely ranged in terms of how much the giving was driven by one or the other in the partnership. The important point here is that women are getting more influential in political giving, both within couples and independently, and in no other election cycle has that been more evident. Women donated an estimated 36% of the funds that fueled the 2018 midterm elections, and yes, that is a big deal.
TOP 5 WOMEN DONORS TO DEMOCRATIC AND PROGRESSIVE CAUSES AND CANDIDATES
1. Katherine A. Taylor (Kat Steyer): Along with husband Tom Steyer, Kat Steyer contributed over $50.7 million in combined hard and soft money going to Democratic and liberal causes and candidates. Tom and Kat Steyer are the founders of the TomKat Foundation, which focuses heavily on financial inclusion (they also run one of the most progressive banks in the nation lending to those who might not otherwise be able to get capital). Kat Steyer also focuses on food and nutrition and funds FoodCorp, which goes into public schools across the nation to help them improve food quality and teach about nutrition and healthy eating habits.
2. Marilyn Simons: In partnership with her husband, James Simons, Marilyn Simons contributed $18.9 million to progressives and Democrats this election cycle. In their foundation work, Jim and Marilyn Simons focus on science and math as well as issues related to Autism (they have family members who have struggled with Autism).
3. Deborah J. Simon: Ms. Simon gave $8.9 million to Democrats and liberal causes for the midterm elections. The daughter of a real estate company magnate, Ms. Simon chairs the Simon Youth Foundation (www.syf.org), a public charity that operating in 13 states to help at-risk high school students stay in school. Ms. Simon is also the founder of The Deborah Joy Simon Foundation, a private foundation making grants for religious, charitable, scientific, literary, and educational purposes.
4. Cari Tuna: Along with partner Dustin Moskovitz (co-founder of Facebook), Cari Tuna made $6.3 million in donations to Democrats and liberal causes for the midterm elections. Tuna and Moskovitz are the co-founders of Good Ventures, where Tuna oversees the Open Philanthropy Project, which seeks to improve grantmaking with more effectiveness.
5. Marsha Z. Laufer: Along with spouse Henry, Marsha Laufer contributed $5.68 million to progressive causes and candidates in the midterm elections. According to Open Secrets, the Laufers have recently made many large donations to women’s election causes, including $100,000 to Women Vote! in September of this year. According to Forbes, Marsha Laufer and her husband Henry contributed an estimated $2 million to Hillary Clinton’s recent campaign for President.
The full list is here, so you can do more research to discover who the women are behind the big bump in political giving this election cycle.
From my parsed data, here are the top Democratic/progressive givers:
And here are the top Republican/conservative givers:
Since 1998, Women’s Net has been providing grants to women entrepreneurs with no strings attached. This is an exceptionally successful model that could potentially be replicated in a world where women in business are rising.
One thing is for sure: there are not enough financial supports out there for women. As a woman myself developing the sustainability of my publishing work, I am always on the look-out for ways to get a stronger foothold in my own business/nonprofit niche, and I know many women who are in the same boat. Banks and investors routinely discriminate against women entrepreneurs when giving small business loans and venture capital, so where can women entrepreneurs turn when they are angling to start successful small businesses? But some women are starting businesses to offset all of this, and one of those businesses is WomensNet.
Gender Matters by Kathleen E. Loehr explores how fundraisers can widen the aperture on their lens for approaching donors in order to maximize women’s giving.
Once you study women’s philanthropy for long enough, you begin to recognize that a confluence of events relating to women and giving are changing the philanthropy landscape in significant ways. One of the scholars who has studied women’s philanthropy and done this dot-connecting is Kathleen E. Loehr. In her new book, Gender Matters: A Guide to Growing Women’s Philanthropy, Loehr addresses the important question of how fundraisers and those committed to women’s giving can take specific actions that will increase women’s philanthropy – already an area of giving scheduled for a large uptick in the near future.
“It is time to rumble with our stories about women’s philanthropy,” says Loehr in the first chapter of the book, referencing a Brené Brown concept about rumbling with the truth to find the real story. In the introduction, Loehr describes a method for asking questions called Appreciative Inquiry, which “involves the art and practice of asking unconditionally positive questions” as a way to increase potential, by maximizing imagination and innovation in the responses being elicited. Loehr has written the book with an Appreciative Inquiry framework, which informs much of what Loehr recommends in terms of a strategy for approaching women donors.
In the book, Loehr combines the ideas of Appreciative Inquiry with an approach to leadership that works to align strengths in an organization, so that weaknesses are so insignificant that they are not even worth noticing. With these approaches in mind, Loehr starts with a call to look more closely at the data about the donors you are trying to reach. With specific examples guided by fundraising campaigns of colleges like Duke and William & Mary, Loehr demonstrates how a closer look at the data yielded a decision to shift fundraising approaches in order to collect the unharvested revenue of women’s giving.
But research is, of course, not enough. Loehr then provides guidance around how to create a high-quality action plan that will increase your donor engagement with women. In part two of the book, entitled Dream, Loehr invited readers into transformative reflection where they can “create a compelling mental picture of what is possible.”
By doing so, Loehr helps drive readers toward the next big step in carrying out their plan: declaring a vision. Through the process of declaring a vision, Loehr shows how intention is amplified, resulting in a stronger approach that will pull in donors, particularly women. Loehr also calls on fundraisers to build networking and collaboration into their vision, since research shows that women are more receptive to giving when they see themselves as joining with other women on a similar mission and participating in design of the project.
What Happens When We Ask Big Questions
Loehr is particularly adept at providing questions in the book that will “prime the pump,” to so speak. She recommends questions that help prospective women donors articulate their own experiences with giving so that fundraisers can fully engage in appreciating those experiences and use them to create that compelling mental picture that will grow women’s support. Here is a small sample of some of those positive, open-ended questions you can pose to donors about their past giving experiences:
What has been your most exciting experience in giving? It does not need to be related to this organization.
Tell me the story. What happened?
What enabled this gift? What role did you play? What role did the organization play? What role did the staff person play in relationship to this experience?
What else made this experience possible?
Loehr suggests that asking these questions help women donors contextualize their giving experience and focus their attention on remembering what that experience was like for them. While such an approach might sound obvious, it is not in the old playbook of “best practices” for development and fundraising professionals.
Loehr also highlights significant research for guiding the ongoing donor-grantee relationship, including how much to communicate with women donors. “It is unlikely that women will feel they are getting too much communication,” writes Loehr, a research-based insight that is important to keep in mind when redesigning fundraising campaigns with women more in mind.
Gender Matters is an important new resource for those who see the potential for women’s giving to influence both philanthropy and civil society as a whole. The guide will help readers notice their own assumptions and how they might be driving their behavior, so they can imagine and explore better ways to reach women as philanthropists.
A new study from the Becker Friedman Institute for Economics at the University of Chicago breaks down sexism state by state.
Just how sexist is the state you live in? As it turns out, we live in a relatively low-sexism state, Rhode Island, whereas states like Utah, Arkansas, and Alabama have some of the highest rates of “mean overall sexism,” as reported in a new study from the Becker Friedman Institute for Economics at the University of Chicago.
The title of the paper is “The Effects of Sexism on American Women: The Role of Norms vs. Discrimination,” which boils down to these findings:
The paper explains that sexist beliefs, especially those embedded early in life, have a significant impact on a woman’s ability to earn and to move up the social class ladder.
Both sexism in your birth state and in the state you live currently impact your wages and likelihood of having a job if you are a woman. Background sexism, the type of sexism a woman experiences as a girl, impact a woman’s outcomes “even after she is an adult living in another place through the influence of norms that she internalized during her formative years.”
Residential sexism, the sexism a woman experiences where she currently lives, impacts wages and job opportunities, due to male-dominated markets practicing discrimination.
Prejudice-based discrimination, founded on prevailing sexist beliefs and cultural norms that vary across states, drive lower wages and less job opportunities for women.
This study is helpful to have handy in case anyone tries to make the argument that the playing field is level for women in the United States. In fact, the playing field is full of major pits and grooves and is still giving men a decided advantage in the job markets. We have a long way to go before we are anywhere near leveling the playing field for women.
The Women’s Funding Network Summit began with Feminist leader and journalist Marianne Schnall discussing her eight-year-old daughter’s striking question after the election of Barack Obama in 2008. Why have we not had a woman president?
Women’s Funding Network recently hosted a summit in New York, bringing together thought leadership to grow the movement for women’s equality.
The question wouldn’t go away for Schnall, and soon she found herself bringing it up to thought leaders and scholars, trying to figure out what it would take to put a woman in the highest governmental office in America.
One thing Schnall realized in this process was the need for stronger coalition-building across progressive movements. “This isn’t a women’s issue. It’s a human issue. It’s an issue of having a reflective democracy, and that’s why we need to have men be part of these conversations,” said Schnall.
The April 2018 issue of GreenMoney is entirely written by women leaders in the gender lens investing space.
Feminist philanthropists take note: The 25th Anniversary issue of GreenMoney is entitled Women and Investing, and is written entirely by women. Here are some quick summaries of the top articles.
Julie Gorte of Pax World/Impax AM:
In her piece, Gender Equality: With or Without the Federal Government, Gorte notes that the current GOP administration is less gender-diverse than the previous five (FIVE!) administrations. Gorte contends that there are many other ways that gender equality can be effected besides federal policy. She points to recent moves in corporations pushing for more board diversity, and provides evidence for gender equality being a significant stimulus to local economies.
