Editor’s Note: The following guest post is written by Dr. Froswa Booker-Drew, philanthropist and founding officer of the HERitage Giving Fund.
As a child, I saw my parents in Shreveport, Louisiana helping others. At the time, I didn’t realize that the trips to visit the sick, the donations to those in need or even delivering cooked meals, were part of philanthropy in my community. My involvement in service began as a teen volunteering and has not stopped. I have made a life of giving. I now call myself a philanthropist, something I would not have called myself years ago because I didn’t realize that, like my parents, I was a part of this work.
“I remember standing up at a conference 16 or 17 years ago and saying that my dream is that there will be a women’s giving circle in every city in America,” says Sondra Shaw Hardy. “I feel that my goal now is to take giving circles worldwide.” To that end, Shaw Hardy is starting a new organization called Women’s Giving Circles International, which will make expanding the giving circle model globally its primary goal.
2017 was a tremendous year to be writing about gender equality philanthropy. In the wake of Trump’s election in 2016, women in progressive circles rallied their resources for fighting back against the coming regression. Our top ten posts help to recall the many ways that women joined the resistance and continued the fight. At #6, for example, Emily Nielsen Jones delves into the experience of coming together for the Women’s March last January. Meanwhile, at #2, one of the most unusual giving circles in the country celebrates its ability to reach women on the other side of the globe. At #5, we hear from Kimberle Crenshaw, law scholar and fierce advocate for philanthropy to reach out more to women and girls of color.
With Christmas over, it’s now time to get down to business and develop a strong agenda for 2018. At the top of that agenda for progressive donors, in my opinion, is repealing the Trump Tax that recently passed. This legislation does more to hurt the middle class and nonprofits than can be tolerated in a society that still prides itself on equality and freedom.
Here are just a few choice details about how this law will deter giving for the middle and upper middle class. The law’s discouragement of itemized deductions by raising the standard deduction for married couples to $24,000, is estimated to reduce the number of itemized tax returns from the current 30% to only 5%. That means only 5% of people will have enough charitable and other deductions to qualify for itemizing their taxes. This change strikes a devastating blow to families in the $70,000 to $200,000 income level, who often stretch their giving in order to qualify for the charitable tax exemption at $12,000. Between the mortgage interest deduction and the charitable deduction, some middle class families would be able to qualify for the $12,000 deduction threshold. By giving an extra two or three thousand or more, they are often supporting nonprofits in the community (their local church, food bank, or domestic violence shelter) getting a tax break, too.
We know from the research coming out of the Women’s Philanthropy Institute that giving circles are growing, and women’s giving circles in particular are on the rise. But what does a giving circle really look like on the ground? How do they make decisions that are well-informed and that carry out the group’s intentions?
An interesting new tool called Storify helps to aggregate a social media conversation into a story. This is the first one I have created, and it was pretty easy!
The Storify helps to see who participated and to review what everyone said. We had some excellent questions and commentary, including participation from PBS To the Contrary, Philanthropists Ruth Ann Harnisch (disclosure: she is a sponsor of Philanthropy Women) and Jacki Zehner, as well as many nonprofits and women’s funds. Check it out!
I’m excited about the #FundWomen Twitter Chat, starting tomorrow at 11 AM EST. Also joining the conversation: clothing company Michael Stars, which has a foundation and uses its philanthropy to effect positive change for women.
Below is a sneak peek of a few of my upcoming tweets!
Here’s part of my answer for Question #2: How and why do you opt to fund women’s rights organizations?
We all have a unique journey in giving, and now that my journey has landed squarely on feminist philanthropy, I am excited to host a Twitter chat on National Philanthropy Day, to discuss my journey as a giver and to learn about your journey. I believe that by conversing, we can do more than we realize to help each other along the way.
The Twitter Chat will take place on National Philanthropy Day, Wednesday, November 15th, at 11 AM EST it, and will last for one hour. The chat is being hosted by Women Thrive Alliance, one of our spotlight organizations, and will focus on the following:
Topic: The Added Value of Funding Women’s Rights Organizations
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.
I recently returned from DREAM. DARE. DO. in Chicago, the every-three-year (maybe more often now!) convening of the Women’s Philanthropy Institute.
Wow. I am still reeling from the experience. It was an intense two days of immersion in conversation about women’s leadership in philanthropy, where it is coming from and where it will be going in the brave new political climate of a Trump presidency.