Sandberg Deploys Another $100 Million in Facebook Stock, Much of It For Women and Girls

Leanin.org, supported by Sheryl Sandberg, works to help address the gender pay gap and move more women into leadership roles.

Good news for the women’s philanthropy sector: Sheryl Sandberg has added another $100 million in Facebook stock to a Donor Advised Fund she uses to fund causes she cares about, with much of this new money going to Lean In, the nonprofit named after her best-selling book about how to succeed as a woman in business.

Sandberg represents a new prototype for women’s philanthropy: the young tech executive who sees gender equality philanthropy as a priority. These new funds will help Leanin.org expand its mission of increasing women in leadership.

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We’re Back, and Better than Ever! The Future of Philanthropy Women

The founder of Philanthropy Women, Kiersten Marek, wearing orange for gun safety.

Sorry for the lack of posting this past week — it has been a time of assessing our growth and figuring out next steps for Philanthropy Women. As the founder, editor, publisher, chief technologist, and business planner for the site, I needed to take time to research and develop some proposals for our growth. At the same, I also maintain a part-time caseload of psychotherapy clients, which wonderfully keeps me very in touch with the real world, but often requires much of my time and attention. In any case, I hope to share more about our future plans for Philanthropy Women soon.

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Philanthropy Women at 6 Months: An Update on Our Growth

Philanthropy Women pages have been viewed thousands of times, and our spotlight organizations are enjoying more media attention.

Dear Faithful Readers of Philanthropy Women,

First, of course, thank you for reading. You are bravely joining me on the sometimes harrowing adventure of learning about gender equality philanthropy. I thank you for joining me on this journey.

Also, thank you to our sponsors, Ruth Ann Harnisch and Emily Nielsen Jones. You have provided an amazing opportunity to advance the knowledge and strategy of progressive women’s philanthropy, and for that you are wholeheartedly thanked.

Thank you, as well, to our writers — Ariel Dougherty, Jill Silos-Rooney, Tim Lehnert, Kathy LeMay, Susan Tacent, Betsy McKinney, and Emily Nielsen Jones. Your work reading, interviewing, thinking, and writing about women’s philanthropy has resulted in my receiving tons of positive correspondence about our content. The internal numbers also validate that we are making an impact.

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What Happened: Clinton’s Account Reveals Our Broken Democracy

I’ve been listening to Hillary Clinton’s What Happened in spurts over the past few days, and it’s time to start sharing some of the highlights. In her own voice on audio, Clinton speaks on a wide range of topics related to her political life. In particular, Clinton speaks with regret about taking speaking fees from large financial corporations and analyzes how the alt-right’s slandering the Clinton Foundation skewed the election.

I am now on Chapter 9, and this is when What Happened gets very relevant to philanthropy. I highly recommend listening to the book on audio — it really helps to have the words spoken by Hillary Clinton, who is destined for legendary status in the history of women’s advancement, whether she won the presidency or not.

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This Graph Speaks Volumes on Loss of Women’s Leadership Under Trump

It couldn’t be clearer. Democrats like Obama and Clinton increased women in cabinet leadership. Republicans decreased this leadership. Graph courtesy of Pew Research Center’s Data on Women Leaders.

One big step forward for the Republican party, one big step backward for women’s equality in political leadership. The graph here kind of says it all — we’re back to a Republican president and low, low numbers of women in cabinet leadership positions.

The Pew Research Center recently presented some of the longitudinal data on women’s growing roles in business and  political leadership, and the full report is worth checking out.

Another thing you’ll notice on the graph:  the percentage of women in cabinet positions under President Bill Clinton was higher both terms (31.8% for his first term and 40.9% for his second term) than the percentage of women in cabinet positions for Obama’s two terms (30.4% for his first term and 34.8% for his second term). Sigh. Returning to the Clinton dynasty is starting to look better all the time, particularly for women’s leadership.

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Ms. Foundation to Philanthropy: Grow Local Economies by Supporting Low Wage Workers and Childcare Access

Childcare Impact Assessment, a new report from Ms. Foundation for Women, links up ways to effectively support women in the workforce: better wages and childcare access.

We know that childcare needs to be valued and supported for society to thrive. Yet, time and again, we leave parents, particularly low-income and young parents, out of the picture for access to childcare.

Today, a new study released by the Ms. Foundation for Women validated that state and local officials need to take the reigns and steer their community toward economic growth by funding access to childcare.

“Our approach has not only helped the local organizations achieve policy gains, but also provided necessary resources to develop intersectional leadership in grassroots organizations,” said Aleyamma Mathew, Director of Economic Justice at the Ms. Foundation for Women. “To achieve economic security in the Trump era, we have to win on the state and local level,” she added.

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Women Givers: This New Platform Will Help You Empty Your Closets for Your Favorite Cause

Christena Reinhard is Co-Founder of Union & Fifth, which makes it easy to sell designer clothes for a cause, and has a specialty campaign around gender equality with Eileen Fisher Foundation.

One thing that repeatedly intrigues me in philanthropy is the way that women leaders put together the components of giving and social progress in new and creative ways, in order to maximize deployment of funds to important causes. Nearly every week, I come across a new combination of philanthropy and social action that a woman is pioneering.

This week’s amazing tale of women doing good in the world comes from the online retail sector and a new hub for online shopping called Union & Fifth. This nonprofit online store makes it easy for you to donate women’s designer clothing, shoes, and handbags, and choose a cause for where the money will be donated.

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Want to Invest with a Gender Lens? Put this Women-Owned Firm On Your Interview List

Investment experts like Suzanne Mestayer, Managing Principal at ThirtyNorth Investments, are leading the way for gender lens investing to become a larger part of the financial sector.

While estimates are frighteningly low for the percentage of financial assets under management by women and minorities, that number is destined to change. Leading the charge for this change as one of the few women-owned asset management companies is ThirtyNorth Investments, headed by Suzanne Mestayer, Managing Principal, and Blair duQuesnay, Principal and Chief Investment Officer.

How did Mestayer and duQuesnay become gender lens investors? They were basically convinced by the business case for more women in corporate leadership. “It was an interesting confluence of increasing our knowledge on the topic of women in governance, and learning about how few women are on corporate boards,” said Mestayer in a recent interview with Philanthropy Women. “This coincided with our acknowledgement of our own experiences serving on boards, and seeing the benefits of having diversity on those boards.”

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Harvesting Female Empowerment: Florence Reed and the Business of Food

Florence Reed, Founder and President, Sustainable Harvest International

Sustainable Harvest International Founder and President Florence Reed did not encounter many other women leaders in philanthropy when she started the organization in 1997. “I was flying by the seat of my pants. I literally went to a library and checked out a book on how to start a non-profit, and went through it chapter by chapter,” she recalled in a recent interview with Philanthropy Women. Who knew then how successful her initiative would be: Sustainable Harvest International (SHI) was recently named by Charity Navigator as one of the “six highest-ranking charities in the sector making major strides to increase sustainable food production.”

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We-Fi to the Rescue: Will Trump Lead the World With Empowering Women Entrepreneurs?

The World Bank, along with President Donald Trump, recently announced We-Fi, which will finance women entrepreneurs in developing nations.

In another unexpected “first” for our nation, Donald Trump decided to have his daughter, Ivanka sit in for him at the G20 leaders’ summit in Hamburg, Germany. But another, perhaps more important first also took place at this meeting: The World Bank Group announced the creation of an innovative new facility that plans to invest more than $1 billion to advance women’s entrepreneurship. This new facility will give women in developing countries a leg up when it comes to increasing their access to capital and markets that will help them start and grow businesses.

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