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.
As the tech industry continues to recognize its gender and race gaps, foundations are committing funds to address these gaps, particularly for girls. A recent example: an announcement by the TE Connectivity Foundation that it will grant $1.25 million to three nonprofit organizations this year: Girl Up, FIRST Global, and SMASH. The foundation’s mission is to bring innovation to engineering and technology by providing opportunities for women and minorities to learn and take part in such innovation.
TE Connectivity is a tech company specializing in the creation of various products for the technology world. With 78,000 employees worldwide, TE Connectivity has 13.1 billion in sales in 2017, and has over 7,000 engineers on staff. The company website describes their work as creating “a world that’s smarter, safer, greener, and more connected.”
Girl Up was chosen for this grant because of the organization’s mission to develop female leadership in STEM fields across the globe. Being an organization of the United Nations Foundation, they have sites and connections worldwide. These sites host GIRLHERO Solution Labs and STEM boot camps. Together, these programs teach STEM skills to girls to both grow their interest in the field and increase STEM job availability for women.
Girl Up also has corporate partners and and foundation support from Disney, BNY Mellon, Caterpillar Foundation, Oath (an advertising subsidiary of Verizon), and Special K Cereal.
There is definitely more room for corporate partnerships like TE Connectivity’s partnership with Girl Up. Imagine if every corporation took an interest in supporting collaborative efforts to address the race and gender gaps in tech — we could make so much more progress. Learn more about Girl Up partnerships here.
The other two grantees for this year from TE Connectivity Foundation are First Global, organizers of a yearly international robotics challenge that reaches more than two billion youth with STEM education, and SMASH, which seeks to reach underrepresented youth of color with STEM education and “access to resources and social capital,” helping them to launch successful careers in the technology sector.
In order to make real progress, the connections between gender equality and the environment have to become clearer to everyone. The newest issue of Gender & Development is taking a close look at the connections between gender equality and environmental work in today’s world, a world where President Trump has the power to reduce the size of public monuments in Utah by millions of acres, a potentially illegal move that has huge implications for gender justice. Certainly, now is the time for feminist and environmentalists to come together and strategize about how to fight back.
In a post introducing the new issue of Gender & Development, Editor Caroline Sweetman reminds us that 2017 has been the deadliest on record for environmental activists. Further, in many countries around the world, women are on the losing end of deals made to extract natural resources from developing nations.
Because of the importance of addressing climate change for women worldwide (as well as for all other manner of human and other species), it is important to take note of the economic activity that other countries are poised to engage in as a result of the Paris Accord. It’s also important to note how the U.S. will miss out on these economic opportunities because of our current poor (and non-representative) presidential leadership.
Like many who follow philanthropy, I pay attention to the Rockefellers. No family has done more to shape modern giving over the past century. But what are the Rockefellers doing these days to change the world? Having a chance to talk to Neva Rockefeller Goodwin gave me a window into what the Rockefellers are doing these days.
For one thing, as most of us have heard, the Rockefeller Brothers Fund took the major step not long ago of divesting from fossil fuels—a move that received enormous attention, given that the family’s wealth is famously derived from Standard Oil. Less well known is that the Rockefeller Family Fund is also divesting.
One member of the Rockefeller clan deeply involved in these issues is Neva Rockefeller Goodwin, a fourth-generation Rockefeller who previously served as a trustee and vice chair of the Rockefeller Brothers Fund. She is also President of the Mount Desert Land and Garden Preserve in Maine.