Last year when I was writing for Inside Philanthropy, David Callahan and I co-authored a list of the 50 Most Powerful Women in U.S. Philanthropy. It was a big hit. This year, I have decided to follow up and develop eight shorter lists. The lists will start with Emerging Most Powerful Women.
Why start with emerging? Using emerging women leaders as our starting point helps us get a sense of how these women are influencing some of the changing dynamics of philanthropy. Some of the emerging women are quite different from the more established women leaders in philanthropy. Many of these emerging leaders take a strong stance on the need for philanthropy to be more integrated into the economy and inclusive of marginalized groups. A heightened awareness of the need for collaboration across sectors to achieve systemic change is also a key point for many of them.
I am making my plans to be at Dream, Dare, Do in Chicago, the 2017 Symposium of the Indiana University Women’s Philanthropy Institute, happening on March 14-15. Why? Because I believe it is more necessary than ever to pay attention to women’s leadership, particularly in philanthropy.
I believe women’s leadership in philanthropy is an essential key to social progress, and an important way to grow that leadership is by valuing it more and making it more visible to the public. So I will be there — raising the visibility of women like Ruth Ann Harnisch, founder of The Harnisch Foundation, Hali Lee, Founder of the Asian Women’s Giving Circle, and Marsha Morgan, Vice Chair of the Community Investment Network.
Some big trends are happening in America for women, and these trends will likely be snowballing in the near future. The first trend: the growing financial muscle of women. The second: women’s growing leadership. Add to this mix the upward trajectory of women’s role in philanthropy, and you may have the makings of a paradigm shift.
In conversing with Debra Mesch, director of the Women’s Philanthropy Institute, and Andrea Pactor, its associate director, I came away with a sense of how forces are aligning, now more than ever, for women to take the lead in philanthropy and beyond, and shape public policy for the common good.
Do you ever wonder what motivates someone to give money? Obviously, the answer is “yes” if you’re a professional fundraiser. But those who give may also wonder what’s really causing them to reach for that checkbook.
Research from the Women’s Philanthropy Institute sheds light on this area, particularly as it pertains to women at every level of society. Now, WPI has released a study showing for the first time that women are motivated by personal experience to give to causes that benefit women and girls specifically.
Sounds like a no-brainer, right? Well, it’s actually significant, useful information. Women’s tendency to donate money to specific causes based on experiences like having a child or discrimination suggests that philanthropy might take off in new directions as women become primary asset-holders in society and further increase their giving.