Women in Business Archives

Cast Your Vote and New Listings in our Knowledgebase

Thank you to all the readers and new subscribers who are joining us daily. It’s really great to feel the Philanthropy Women community growing. As editor, I want to alert readers to the resource of our Gender Equality Funder Database. This is the place where you can find funders for gender equality across categories of corporate, private, and family foundations.

vote gender equality knowledgebase — Protesters take a knee for George Floyd at protests in Uptown Charlotte, North Carolina on 5/30/2020 (Image credit: @clay.banks)

We aim to list all funders for gender equality in both the U.S. and globally and have been steadily building this database out for over a year. We now have over 500 listings and are currently adding about 8 new entries to the database every week, so we hope these additions are helping feminist nonprofits find more resources for their work.

Jenny Xia Spradling on Financial Well-Being with a Mission

Editor’s Note: This interview in our Feminist Giving IRL series features Jenny Xia Spradling, Co-CEO of FreeWill, a digital estate planning company that has helped more than 150,000 people make wills. Before FreeWill, Jenny worked at McKinsey and Bain Capital, where she helped launched the firm’s first impact investment fund. She is also a cofounder of Paribus, later acquired by Capital One.

Jenny Xia Spradling is the Co-CEO of FreeWill, a digital estate planning company that has helped more than 150,000 people make wills. (**Image Credit:** FreeWill)

What do you wish you had known when you started out in your profession?

You can have a job where you believe in the mission and have really fast career growth. I always felt like this was a trade-off in choosing a career – you could have growth or mission, but not both. The movement of social enterprises has really grown even over the past 10 years, and I think there will be more and more opportunities for people to have financial well-being while also achieving impact they are passionate about.

(Liveblog) Equality Can’t Wait Challenge Q&A

On Tuesday, August 4th, the organizers of the Equality Can’t Wait Challenge hosted a Q&A via Zoom webinar. The discussion focused on the contest itself: what it was, how to enter, and more. Starting with an introductory presentation on the Challenge application and finishing with a lengthy Q&A, this webinar focused on audience participation and a clear explanation of the contest rules and goals.

**Image Credit:** Equality Can’t Wait Challenge

What is the Equality Can’t Wait Challenge?

The Equality Can’t Wait Challenge is a $40 million venture funded by Melinda Gates (through Pivotal Ventures), MacKenzie Scott, the Charles and Lynn Schusterman Family Foundation, and facilitated through Lever For Change, Pivotal Ventures, and Common Pool. Designed as a peer-reviewed and panel-evaluated contest, the Equality Can’t Wait Challenge will offer grants of at least $10 million to at least three winning projects that help expand women’s power and influence in the United States by 2030.

How is COVID-19 Impacting Justice for Women?

In a new report from the International Development Law Organization (IDLO), UN Women, and a collection of sponsors and contributors, the combined crises of women’s justice and COVID-19 come to light.

In Justice for Women Amidst COVID-19, Jeni Klugman of the Georgetown Institute of Women, Peace and Security investigates the difficulties women face in seeking justice–difficulties that have been exacerbated, sometimes with disastrous consequences, due to COVID-19.

Drawing on a women’s justice landscape outlined in a 2019 report from the same team (Justice for Women), this new report examines the multiple dimensions of the COVID-19 catastrophe. Common themes in fighting the pandemic–country-wide stay-at-home orders, mass layoffs, closure of businesses that employ low-wage workers–align with troubling themes in women’s justice, such as a rise in intimate partner violence (IPV), lack of access to information via mobile phones and the Internet, and discrimination (both inherent and supposed) against women around the world.

Deb Nelson of RSF Social Finance on Activating Money for Good

Editor’s Note: This interview in our Feminist Giving IRL series features Deb Nelson, Vice President of Client and Community Engagement at RSF Social Finance.

1. What do you wish you had known when you started out in your profession?

I wish I’d known what a powerful tool money can be, and how important it is to understand the way people think about and deal with money. Through my previous work at Social Venture Network, I grew to understand and leverage social capital, but I resisted working with financial capital until I understood how to use it to effect positive change. Women have been socialized to believe we don’t know enough about money and we should just leave it to the experts. But you don’t have to be an expert to use money well. You just need to question assumptions about money, understand what it can do and activate it for good. Now, I love working with money and collaborating with investors and donors.

ABOUT WOMEN: Enter our Art Contest by August 5!

“You don’t exist if you’re not represented… I felt a need to claim my own social existence by making the representation happen.” – Njideka Akunyili Crosby

As women, as people, and as philanthropists, what does womanhood mean to you? In ABOUT WOMEN, Philanthropy Women‘s first art contest, we seek to answer that question through the lens of the artist: finding what womanhood means in our worlds and the worlds around us.

Introducing ABOUT WOMEN: A Contest to Celebrate Women’s Art

Join us for the first Philanthropy Women art contest, designed to shine a light on women and LGBT+ artists. Enter today for your chance to win a cash prize and a six-month feature on Philanthropy Women!

Caress Gives $1 Mil as Founding Donor to IFundWomen of Color

ENGLEWOOD CLIFFS, N.J., June 24, 2020 /PRNewswire/ — Throughout history communities of color have been affected by systemic racism and societal injustice. The global pandemic of COVID-19 has further highlighted the ongoing economic, health and social inequities communities of color face. As a brand that aims to empower and uplift women, we recognize that, women of color entrepreneurs and small business owners face specific challenges and lack of access when it comes to starting or sustaining their businesses.

Today, Caress has announced a $1,000,000 investment over the next 2 years to support women of color entrepreneurs through a founding partnership with IFundWomen of Color. IFundWomen of Color (IFWOC), is the leading platform for diverse entrepreneurs to raise capital through crowdfunding, grants, and coaching. Through this partnership these entrepreneurs will receive the support needed to stay open, re-open, and ensure their long-term success. Beginning with a $500,000 immediate relief donation to support 200 women of color entrepreneurs, already in the IFWOC community, with funding and IFWOC group coaching, mentorship, and connections needed to sustain their businesses.

Rachelle Suissa on Increasing Women in Public Office

Editor’s Note: This interview in our Feminist Giving IRL series features Rachelle Suissa, Founder and President of Dare to Run. Dare to Run is a 501 (c) 3 nonprofit organization whose mission is to educate and empower women with the skills necessary to run for public office at the local, state and national level of government. The organization offers female college graduates the chance to participate in a one-year certificate program in pursuit of a career path in public service. Dare to Run gives women the opportunity to be a voice for their communities by committing to run campaigns in search of elected office within two years of graduation from the program.

Rachelle Suissa is the Founder and CEO of Dare to Run, an organization that provides women the leadership skills and training they need to run for office in New York State. (Image Credit: Dare to Run/Rachelle Suisa)

1. What do you wish you had known when you started out in your profession?

Stacy’s Rise Announces $10 K Female Founders Grantees

Four-month program to provide $10,000 grants, professional advertising services and executive mentorship – including access to Press and Heath – to the Class of 2020, as recent Stacy’s Rise Project survey reveals 72 percent of female entrepreneurs report difficulties finding a mentor.

stacy's rise grants — Stacy’s Rise Class of 2020 (Image Credit: Stacy’s Rise)

PLANO, Texas, July 16, 2020 /PRNewswire/ — When the Stacy’s Rise Project announced it would expand its 2020 grant and mentorship program to support even more female founders with broadened services, women responded in kind – with 1,600 applicants, quadrupling last year’s numbers for a chance at $10,000 business grants, 1:1 executive mentorship and a dedicated team of professionals creating, producing and strategically placing advertising on their behalf.

Givebutter: A Better Way to Crowdfund the Future of Feminist Giving

More than 90% of campaigns on GoFundMe ultimately fail. And for those that succeed, hidden fees and exorbitant processing charges put extra hurdles between nonprofits and funding their work. This paints a grim picture for crowdfunding, especially online giving for feminist campaigns.

What if there was a platform that combined the ideals of crowdfunding with versatile fundraising methods like direct donations, event sales, and donations through social media?

Givebutter, a (mostly) free giving platform for nonprofits, schools, student groups, sports teams, and companies, offers a convenient, easy-to-use, and–most important at all–transparent giving system that could transform the future of giving.

Category: Women in Business