Can Philanthropy Do More to Impact Gender Norms for Women and Girls?

It’s always interesting to drill down on a specific population, such as young Latina women, and consider the implications both for that community and for other marginalized communities.

A new report, Gender Norms: A Key to Improving Outcomes Among Young Latinas does just that. The report, prepared in partnership with Hispanics in Philanthropy and Frontline Solutions, takes on the issue specifically of Latina women and how gender norms put them at risk for lower life outcomes.

The paper begins by telling the story of how philanthropy has begun to approach gender in different ways, but still does not integrate gender awareness as broadly as it could.

From the paper:

Few social justice foundations today would seek to create portfolios that were race and class blind, and fewer still fund grantees that offered race- or class- blind programs, particularly in communities of color. That’s because they know that addressing underlying structures of oppression like race and class race and class makes efforts more effective.

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Millennial Women Beg to Differ: Generational Differences in Women’s Giving

These are the top three issues for Millennial giving. What if one of the top three was gender equality? What kind of a difference would that make?

Fidelity Charitable has come out with a new report on trends in women’s giving, and it is definitely food for thought for anyone in the women’s philanthropy field.

The report delves into generational differences in giving between Millennial women and Boomer women.

Before talking about the report’s findings, I want to draw attention to the methodology, so we know specifically who we are talking about when we talk about Millennials and Baby Boomers. The report used survey data from Millennials, which they defined as women age 17 to 37, and Baby Boomers, which they defined as women age 51 to 71. So women in the 37 to 51 range (like me!) are not being talked about in the report.

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What’s Stronger California Doing for Gender Equality?

It’s Time Network hosted a conference call this past week that gave a window for states across the country to learn about California’s efforts to grow gender equality movements. The call featured Jessica Stender of Equal Rights Advocates, who has been coordinating and enacting many steps of a legislative agenda for women in California. The call was well-received nationally, with people registered from 16 states.

From Betsy McKinney and the It’s Time Network team:

Thank you for joining us for Tuesday’s virtual convening to learn about how we can support policy agendas that lift women and children out of poverty, ensure fair pay and family-friendly workplaces, and more, focusing on the Stronger California legislation.

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Joy-Ann Reid to Receive African American Policy Forum’s Journalism Award

Joy-Ann Reid

On June 10th, an authoritative voice leading the resistance and challenging both the left and right, Joy-Ann Reid, will receive the George Curry Drum Major for Justice Award for Excellence in Journalism.

The award ceremony, Say Her Name: 20 Years of Intersectionality in Action, will be hosted by Kimberlee Crenshaw, co-founder of AAPF and professor of law at Columbia University and UCLA. Crenshaw is also a  major figure in the movement to fund philanthropy specifically for women and girls of color.

Rep. Keith Ellison, Democrat, Minnesota

The ceremony will also mark the 20th anniversary for AAPF, and will include playwright/activist Eve Ensler, as well as Rep Keith Ellison (D-MN-5), who has been a supporter of the rights of Muslim Americans and received the Utne Reader’s Visionary Award in 2011 for his work.

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Knight Foundation Study: Women and Minorities Control Only 1.1% of Asset Management Industry

Knight Foundation’s new study sheds light on gross disparities in the asset management industry.

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.

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Heavy Hitters Collaborate on New Blueprint for Women’s Funds to Lead Social Change

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.

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Trending: Kate Coyne-McCoy and the Rise of Activism for Women in Politics

Coyne-McCoy has trained over 9,000 women to run for office. She wants to know what is still holding many women back.

“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.”

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Distributive By Design: How a New Economic Model Helps Build Gender Equality

Image: Kate Raworth and Christian Guthier/The Lancet Planetary Health

Kate Raworth has written a very compelling article about the need to redesign economies to address inequality. The change requires relinquishing old economic thinking, which said something like, “Inequality has to get worse before it can get better in a growing economy,” and replacing it with new thinking that builds on “a network of flows” which are distributive by design.

Raworth is a Senior Visiting Research Associate at the Environmental Change Institute at Oxford University and the author of Doughnut Economics: Seven Ways to Think Like a 21st Century Economist.

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Want Gender Equality in Your City? Join This Call.

Do you, like me, live in a city where girls softball teams have names like “The Dolls” and very few women make it into elected office? Then you might want to join this call being held by It’s Time Network next Tuesday, May 2nd at 3 PM EST. This will be an opportunity to learn about how to take action in your local community to protect and advance women’s rights.

It’s Time Network brought together a number of important organizations to formulate their Mayors Guide: Accelerating Gender Equality including the San Francisco Department on the Status of Women, Institute for Women’s Policy Research Center for American Women in Politics, Jobs with Justice,  Forward Together, Equal Rights Advocates, Global Fund for Women, Women Donors Network, Girls Inc.,  MomsRising, The Grove Foundation, St. Vincent De Paul Society of San Francisco, Astrea Foundation and Women’s Earth Alliance.

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Givers, or Takers? Callahan’s New Book Takes a Hard Look at Philanthropy’s Alpha Donors

David Callahan, Founder and Editor of Inside Philanthropy and author of The Givers

Great private wealth is nothing new, but reading David Callahan’s The Givers will convince you that there is a different game at play today, with staggering fortunes and unprecedented elite hubris. Some fortunes are so big, and growing so fast, that even a dedicated philanthropist can’t give the money away fast enough. To cite just one example, Michael Bloomberg was worth around $5 billion when he became mayor of New York in 2002; he’s now worth more than $45 billion. With this figure in mind, the over one billion dollars he has given Johns Hopkins University to date doesn’t seem so big. Still, it’s an astonishing sum for most of us to contemplate. And that’s not all. Bloomberg has also given hundreds of millions to reduce smoking and traffic deaths globally, and combat climate change.

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