A massive defunding for women is now under consideration in the United States Senate. All told, it represents billions of dollars annually that will come straight out of primarily women’s wallets.
You may not usually think of the federal government as a philanthropic institution. Yet from our country’s start, congressional acts have subsidized various segments of the population and for a variety of reasons. Take the 1792 Postal Act. A spirited debate went on in the second session of Congress, over maintaining access to information. That Congress voted to create low postal rates for newspapers and to improve roads by creating postal routes to ensure expansion and development of our fledgling country, rather than solely serve existing communities. Americans still benefit from reduced media postal rates today.
One of the things I love about Ellevate Network is the way they are bringing together authority, autonomy, and agency in order to grow gender equality movements. Sallie Krawcheck comes with the authority in finance, she has now launched Ellevate which gives her vision more autonomy, and today Ellevate is taking a big step to increase the agency of gender equality movements by hosting its first-ever summit to mobilize gender equality movements.
From the Summit’s webpage:
Action. Impact. Power.
These words are some of the ones we deal with every day at Ellevate Network. We know women have power (after all we hold trillions of dollars in investable assets, control 86% of consumer spending and are starting businesses at a faster pace than men.) And yet, there is still gender inequality.
The #GirlsAre campaign coordinated by The Clinton Foundation last year was so successful at galvanizing media and action for girl athletes, they are doing it again for a second year.
That’s a very good thing, because data shows that girls in the U.S. are far less likely than boys to engage in the recommended amount of physical activity. The Clinton Foundation and the Alliance for a Healthier Generation, along with a long list of foundations and nonprofits, is continuing the #GirlsAre campaign to fight against this worrisome trend for girls.
Things are really coming together for women’s funds and gender lens investing, as this new report details.
The new report is written by Joy Anderson, President and Founder of Criterion Institute, Ms. Foundation President Teresa Younger, and Elizabeth Schaffer, Chief Operating Officer of the Global Fund for Women.
I have not read the report in total yet, but from my first foray in, I am really excited to see how these advanced thinkers and leaders are putting ideas together and finding new synergy for social change and finance. This is powerful stuff!
The report is written using architectural design as an extended metaphor for how to integrate the different sectors of finance, women’s funds, and social change theory. Combining these three components, the report then makes practical suggestions about how to influence issues like domestic violence, the gender wage gap, and climate change.
There is nothing quite like women’s networks to help make rapid-response grants. In an environment where women’s rights are being threatened by atrocious plans such as the Trump administration’s proposed ending of the Violence Against Women Act, we need more women’s networks to come forward like the Women Donors Network and push for increased funding to fight back.
Now, the Emergent Fund, of which the Women Donors Network is a founding member, has announced its next wave of rapid-response grants to community-based organizations resisting the Trump Administration’s regressive policies. This brings the total of grants already issued by the Emergent Fund to $500,000.
In the world of philanthropy, it’s a little unusual to hear about a public debate between high level professionals. We have a lot of panel discussions, and not so many debates. But Philanthropy New York (PNY) clearly has other ideas.
PNY, “a regional association of grantmakers with global impact,” is sponsoring a debate between two very different leaders in the philanthropy sector. Picture, if you will, the matchup:
In this corner, we have David Callahan, Founder and Publisher of Inside Philanthropy, and author of the forthcoming title, The Givers, a riveting text that makes you question everything you know about philanthropy, and which lands squarely on the side of tightening up taxation and regulation of the rich. Furthermore, it makes you want to run laps around the block to vent your rage at the rampant inequality in today’s world.
It gives me great pleasure to announce that Philanthropy Women has secured its first two lead sponsors, and hopes to bring on at least eight more by year’s end.
Needless to say, it is the dream of a lifetime for me to be able to write and publish on such an important topic. I am excited to begin hiring more writers and scaling up.
Our lead sponsors both possess unique expertise in the world of women’s philanthropy, so their added value is compounded mightily by their own dedication to building new ways to fund gender equity in the world. Please join me in thanking them for believing in the vision of Philanthropy Women, and for supporting more quality media by, for, and about women.
She’s young, she’s highly educated, and she likes to be involved in funding strategy — all traits that suggest Priscilla Chan will be making an enormous impact on philanthropy over the next decade and beyond.
“Chan is a hands-on leader of Chan-Zuckerberg Initiative (CZI), taking charge of many of the day-to-day operational details of scaling up a large philanthropic enterprise,” David Callahan recently told me. Callahan is founder and publisher of Inside Philanthropy, and interviewed Chan for his new book, The Givers, due out April 11th.
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.