“Major societal change happens through major institutions,” says Martha A. Taylor, women’s philanthropy pioneer and Vice President of the University of Wisconsin Foundation. Taylor doesn’t discount the energy that comes from the streets, and in January she attended the Women’s March with her then 94-year-old mother, who carried a sign invoking both FDR and Obama. Still, Taylor says that for women to effect change, they need to occupy leadership positions in major institutions.Read More
Editor’s Note: This post was written by Catherine Gill, Executive Vice President at Root Capital, in collaboration with Charlotte Wagner, Principal of the Wagner Foundation. We are publishing it here at Philanthropy Women because we couldn’t agree more with the message. I see the way feminists do philanthropy differently, and to me, it is the critical difference that has the capacity to reshape communities and economies worldwide. From Charlotte Wagner and Catherine Gill:
Here’s an indisputable fact: The future of philanthropy is female.
A huge amount of wealth is now in women’s hands, and they are ready to invest it where it’s needed most:Read More
Today at 11 am EST, I’m going to be tuning in to Lumos and its partners, Catholic Relief Services and Maestral International, as they hold a Facebook event where they will talk about their plans as finalists in the MacArthur Foundation #100andchange global competition, which will make a $100 million grant to one of four finalists.
As a supporter of Lumos, I’m thrilled to see that the organization has teamed up with other powerful partners to move forward on its goal of ending orphanages by 2050. If they receive the $100 million grant from MacArthur, that would make a huge difference in their ability to carry out their ambitious plans.
The Finalist Friday event today is hosted by Sheilah Kast of On The Record. Discussing the plans for how the grant would impact the future of child welfare globally will be Georgette Mulheir, CEO of Lumos, Shannon Senefeld, Vice President of Program Impact and Quality Assurance at Catholic Relief Services, and Philip Goldman, President of Maestral International.Read More
International Breastfeeding Week is August 1-7, so we’d like to take the opportunity here at Philanthropy Women to emphasize the importance of breastfeeding to human health, and to ask women givers to do more to support breastfeeding initiatives. If you want to know my opinion, breastfeeding should be a celebrated activity. What a different world it would be if, every time a woman breastfed in public, people around her paused and admired what is one of the miracles of human health.Read More
David Callahan, editor and publisher of Inside Philanthropy, will participate in a forum at the 2017 Carnegie Medal of Philanthropy honorees announcement today. The forum is entitled A New Landscape of Giving: Power, Policy, and Philanthropy and will also include Boston Globe investigative reporter Sacha Pfeiffer and Karl Zinsmeister, vice president of publications, The Philanthropy Roundtable, as panelists, with Stacy Palmer, Chronicle of Philanthropy editor, as moderator.
This will be a chance to see some of the most knowledgeable people in philanthropy discuss the trends and events that they see reshaping the landscape of giving. It sounds like a great recipe for some thought-provoking conversation, plus you can stay tuned for the announcement of the winners of Carnegie Medal of Philanthropy, which is given to honor individuals dedicating private wealth to the public good. The awards are made by an international selection committee made up of leaders from over 20 organizations established by Carnegie.Read More
An article from Barista Magazine brings good news for women and coffee aficionados worldwide: the launching of a new program aimed at improving coffee quality and productivity for female farmers in Colombia. The new program is a partnership of Strauss Coffee, Sustainable Harvest and the Relationship Coffee Institute. From the article:Read More
“There are men who mistreat and abuse girls and women who have no place to live,” says one 19-year-old female shelter resident in Afghanistan, who ran away from home when her father tried to trade her for a young bride for himself after her mother died.
It’s stories like these that suggest timing could not be better for donors to pay more attention to the needs of marginalized women in developing nations. Helpfully, some big foundations are entering the fray and deploying funds to help preserve human rights for women in Afghanistan. Five big foundations, Carnegie, Hewlett, Ford, Packard, and MacArthur all recently pledged a package of $750,000 to support Afghan women in the conservative country where women’s rights are limited.Read More
As the NoVo Foundation gets into its grantmaking from the $90 million in funds established to support young women and girls of color, one of its first big grants will go to help young women and girls of color involved in the juvenile justice system.
The Young Women’s Freedom Center, which has been organizing around juvenile justice for young women and girls in California since 1993, will be the recipient of new funding from the NoVo Foundation to support its work. The NoVo Foundation, which began in 2006, made a commitment last year to deploy $90 million in the service of supporting self-led organizing by young women who have “directly experienced poverty, violence, addiction, and incarceration.”Read More
Of the $71.4 trillion dollars controlled by the asset management industry, only 1.1 percent of total assets under management are with firms owned by women and minorities.
You heard that right. Although the number of firms that are women- or minority-owned can range from 3 to 9% across the four different asset categories in the industry, assets controlled by those firms account for only 1.1% of all assets under management.
A press release from the Knight Foundation, which commissioned the study, states that this is the most in-depth study to date about ownership diversity in asset management. Additional analysis revealed that the 1.1% managed by women and minorities had no difference in performance from the 98.9% non-diverse asset management industry.Read More
“The more that philanthropy can do to encourage and support women in running for office, the better,” says Kate Coyne-McCoy, CEO of The Campaign Fixer, who has spent much of her career trying to bring more women into American politics. Coyne-McCoy has trained over 9,000 women to run for office, and she has a message for philanthropy.
“Do more politically, period,” she said in a recent interview with Philanthropy Women, when asked what her message would be to progressive women donors and their allies. “Until you make an investment in the electoral and political process, you’re never going to see the change you want.”Read More