Gender Lens Analysis of MacKenzie Scott’s $2.7 Billion in New Giving

She’s done it again — outstripped all of philanthropy with her massive capacities to spread capital in the nonprofit realm. Today, MacKenzie Scott announced $2.7 Billion in new giving — funds that will go to those generally underfunded and overlooked. MacKenzie describes her process as “Seeding by Ceding” — seeding social change by ceding her priveleged role to those who need the power more.

mackenzie scott
MacKenzie Scott blew the doors off philanthropy again by giving $2.7 billion in new funding for overlooked and underfunded organizations. (Image credit: MacKenzie Scott)

The gender lens analysis of this new batch of giving turns up several organizations that we discuss frequently here at Philanthropy Women, including our fiscal sponsor, Women’s Funding Network (woot! woot!), as well as a long list of other organizations taking a range of approaches, including intersectional approaches, to addressing the gender issues in our culture. The list of lucky grantees in this batch include:

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How One Corporate Wife Set a New Standard for HNW Divorce

One the founding benefactors of the Women’s Philanthropy Institute, Lorna Jorgenson Wendt, has a fascinating backstory, and I’m thankful to Sondra Shaw-Hardy for bringing her to my attention. This weekend, I did some reading and learned how Lorna was able to shake up the entire nation in the late 1990’s by fighting for her right to an equal share of the assets in divorcing her corporate CEO husband.

Lorna Jorgenson Wendt
Lorna Jorgenson Wendt set a new standard for divorce equality, and was featured on the cover of Fortune Magazine in 1998. (Image credit: Fortune)

Lorna Jorgenson Wendt was married to Gary Wendt for 32 years. The two had been high school sweethearts in the Midwest, went to college together at the University of Wisconsin, and then married and moved to Cambridge, MA, where Lorna put Gary through business school for his MBA from Harvard. At the time, in a ceremony conducted by a Harvard Dean, Lorna and other Harvard student wives were awarded Ph.T certificates — honorary awards for “Put Hubby Through” college.

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Experts: What Government Must Do Now to Ensure Gender Equality

Editor’s Note: The London School of Economics and Political Science, led by director Baroness Minouche Shafik, has published a statement on gender equality signed by multiple leaders including Ngozi Okonjo-Iweala, Vera Songwe, Kristalina Georgieva, Christine Lagarde, and Ursula von der Leyen.

COVID-19 has caused a health crisis for billions around the world and inflicted the worst economic pain in decades. And wherever we look a key theme recurs: no matter the geography or wealth of the country, women and girls bear the heaviest burden of economic hardship. That hurts all of us.

gender equality
The London School of Economics and Political Science has issued a joint statement from leaders of economics institutions, advising governments on how to maximize gender equality efforts. (Image credit: LSE)

As leaders representing leading economic institutions, we share this urgent message: to rebuild our global economy and improve the lives of all people, governments must prioritise gender equality in their economic recovery strategies.

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Divorce Gap Alert: Why Melinda French Gates Deserves 50%

Here I am again, wanting to talk about divorce in the billionaire class. Today’s discussion will focus on Melinda French Gates, who recently filed for divorce from Bill Gates, one of the richest men in the world.

Sun reflects off the Bill and Melinda Gates Foundation in Seattle. (Photo by Taylor Vick on Unsplash)

We saw how it went down with MacKenzie Scott. She got about 26.9% of the assets in her divorce from Jeff Bezos. Soon after, we learned that MacKenzie Scott was one of the newest signatories of the Giving Pledge and would now (in theory) be giving away at least half her wealth while living. {sigh} So many more billions of dollars that MacKenzie Scott could have had to work with to do her off-the-charts giving, had she gotten 50%.

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WDN Presents New Seminar Series on Uplifting Birth Justice

WDN has launched a three-part seminar series covering reproductive justice and its relationships to feminism and anti-racist movements.

WDN's three-part series will be spread across three separate dates: June 1st, June 16th, and July 14th. (Image credit: WDN)
WDN’s three-part series will be spread across three separate dates: June 1st, June 16th, and July 14th. (Image credit: WDN)

For the last ten years, birth justice service providers, advocates and funders have been pushing to improve US maternal health. Join WDN for a three-part series on birth justice and come away with an understanding of what the birth justice movement is, how it connects to the reproductive justice movement, and what it means to invest in it with an anti-racist, feminist lens.

Each session will cover a distinct topic with a panel of leaders from the birth justice movement. You can choose to go to as many or as few of the sessions as you’d like, in any order. Click “register” to select the sessions you’d like to attend.

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New Paradigm: Shifting Power as We Rebuild America with a Gender Lens

Editor’s Note: With the crisis of COVID comes the opportunity to see the world in a different light: one that values people of all genders and progresses toward greater economic and social justice. Here, Joy Anderson, President and Founder of Criterion Institute and Teresa Younger, CEO and President of the Ms. Foundation for Women, urge us to respond to the crisis by taking guidance from gender justice movement-builders.

(Image credit: Nathan Dumlao, Unsplash)

Imagine a world where financial actors actively sought out and paid gender experts to advise them on lending criteria and the terms attached to stimulus loans. Imagine gender justice organizations weighing in on reports produced by banks and consulting firms, shaping the narrative of where asset holders should be investing. Imagine if a key indicator of economic recovery was not how large-cap US stocks are trading, but how many women, nonbinary individuals, and people of color have returned to work in safe jobs that pay a fair wage and offered benefits.

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Happy Pride Month! On Taking Pride in Funding LGBTQIA+ Activism

Editor’s Note: COVID-19 has exposed the everyday struggles of the most vulnerable like never before. LGBTQIA+ activists are facing homophobia, transphobia and biphobia everyday as they continue to organize and support their community bearing the brunt of a pandemic. What does philanthropy need to do more? How can it better support LGBTQIA+ communities in the present moment? As we advance in the second year of the pandemic, Deepa Ranganathan and Juliana Camara, from FRIDA | The Young Feminist Fund, facilitate an engaging roundtable discussion with LGBTQIA+ members of the FRIDA ecosystem. 

FRIDA | The Young Feminist Fund helps support and empower LGBTQIA+ communities across the globe. (Image credit: FRIDA)

The first year of COVID-19 made donors run to provide immediate response to grantee partners navigating through it in different contexts. Learnings and reflections from this have been widely shared. However, as the pandemic  continues to create havoc and shows little signs of stopping, we are acutely aware of stepping into Pride Month amidst this crisis. For philanthropy, this is an opportunity to elaborate further on how to resource LGBTQIA+ communities in ways that allow them to thrive and go beyond merely surviving in these times.

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Melinda Receives WPI Award, Urges More Philanthropy Led by Women

Melinda French Gates Receives Shaw-Hardy Taylor Achievement Award for Advancing Women’s Philanthropy

Melinda French Gates is the recipient of the Shaw-Hardy Taylor Achievement Award from the Women’s Philanthropy Institute. (Image credit: WPI)

(Thursday, June 3, 2021) Philanthropist Melinda French Gates, co-chair of the Bill & Melinda Gates Foundation, today received the Shaw-Hardy Taylor Achievement Award from the Women’s Philanthropy Institute (WPI) at the Indiana University Lilly Family School of Philanthropy.

The Shaw-Hardy Taylor Achievement Award recognizes philanthropists, nonprofit leaders, volunteers, change agents, fundraisers and researchers who have moved women’s philanthropy forward and demonstrated significant impact on the field. The award has been presented triennially since 2008, with the exception that conferral of the award to French Gates, which had been slated for last year, was deferred due to the pandemic.

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Women in Focus: HEX Features Female Photographers in New Series

In an ongoing series, the fashion brand HEX aims to highlight the work of female photographers. 

HEX
Women in Focus (Image Credit: HEX)

The video series, entitled Women in Focus, tells the stories of five female photographers at different stages in their careers. The content spotlights their individual stories, challenges, workplace practices, and advice that they offer about their experiences as women in a predominantly male field. 

HEX themselves are responsible for producing various photography bags that feature innovative technologies, antimicrobial fabrics and patented designs ideal for the photographer at work. They wish to support creators in the field through this series by connecting women creatives through hearing each other’s stories. 

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Chera Reid: “My Being and Doing are One and the Same”

Editor’s Note: This interview in our Feminist Giving IRL series features Chera Reid, Co-Executive Director, Center for Evaluation Innovation.

chera reid
Chera Reid, Co-Executive Director of Evaluation Roundtable at the Center for Evaluation Innovation, shares her insights on how we can become a more diverse community. (Image credit: Chera Reid)

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

I wish I had known that it was me, in my whole human self, that was what every organization needed from me. It was and is me that organizations are asking for. When I was starting out professionally, I was ready with my resume and eager to please. I worked hard to do more of what I believed senior leaders wanted me to do, and I kept parts of who I am to myself. Showing up wholly—head, heart, and hands—is what social change leadership requires. Today my being and doing are one and the same.

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