Finance Expert: Minimize Charity. Maximize Gender Lens Investing


Tracy Gray has something important to tell women about their philanthropy: do less of it. It’s not the usual message that donors get from the world, and it’s not the usual message here at Philanthropy Women, either. But the context of this message comes from Gray’s conviction that the quicker we grow women’s wealth, the quicker we will move toward a better society.

Tracy Gray is the Founder of the 22 Fund, a growth equity investment firm that seeks to create more quality employment opportunities for women and people of color. (Photo credit: anitab.org)

“Take some of your money out of charity and put it into women-owned or women-led businesses,” Gray advised women donors, in a recent phone chat with Philanthropy Women.

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“The Need Is So Great” – Feminist Philanthropy with Loreen Arbus

Loreen Arbus, producer, writer, author, and disability rights activist. (Photo courtesy of Loreen Arbus.)

Editor’s Note: This interview in our Feminist Giving IRL series features Loreen Arbus, producer, writer, author, and disability rights activist. She is the Founder of the Loreen Arbus Foundation, President of the Goldenson-Arbus Foundation, and sponsor of the WMC Loreen Arbus Journalism Program, among other projects. On October 21st, Loreen received the Eagle Award at the Disability Rights Advocates’ 2019 Gala at the American Museum of Natural History. Her work as an advocate for people with disabilities, including her commitment to inclusion and integration of differently-abled people and minorities, spans a lifetime of exemplary philanthropic efforts.

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Helping Women Entrepreneurs Build Assets in Fresno, California

Jenny Flores, Head of Corporate Social Responsibility at Bank of the West

Editor’s Note: This Q&A is with Jenny Flores, Head of Corporate Social Responsibility for Bank of the West. Grameen America recently announced a new collaboration with Bank of the West, which is donating $2 million to assist with the launch of a new Grameen branch in Fresno, California.

What is the relationship between Bank of the West and Grameen? Does Bank of the West provide the funds and Grameen evaluate the loans and administer the program?

Building on a relationship started in 2017, Bank of the West made an initial $1.5M investment to provide lending capital to Grameen’s Bay Area, Los Angeles, and New York branches, helping to establish Bank of the West as one of Grameen’s key business partners in the U.S.

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GameDev Culture Must Change: #MeToo Arrives at Gamer Event

The annual Women in Games European Conference kicked off in London on September 11, facilitating a conversation the games development industry has been itching to have since 2014.

Attendees at the Women in Games European Conference gather for two days of advocacy, discussion, and recognition. (Photo Credit: WIG European Conference)

Sexual harassment, assault, and unhealthy work environments for women, nonbinary individuals, and other marginalized communities are all far too common in gamedev. In recent years, allegations of harassment and assault have come to light, leading to major restructuring decisions from games industry giants like news sources Polygon and IGN, and developer Bethesda.

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The International Battle for Women’s Water Rights

Five years later, the battle for clean water still rages in Flint, Michigan. (Photo Credit: Flint Rising)

Superheroes no longer wear capes: they wear gym shoes. 

A few days before we spoke on the phone, Gina Luster represented Flint Rising at an activist event in San Francisco. A red-eye flight took her to Grand Rapids, Michigan, then to her home in Flint at 7:30 in the morning. Next, Gina drove to Detroit for a panel appearance at the NAACP’s annual conference. She arrived in the city exhausted and ready for a shower before our interview, only to find out she couldn’t check into her hotel. 

Gina took my call from the hotel parking lot, sitting under a tree next to the Detroit River. Despite the insanity of her schedule and the flickering cell phone signal, her attitude was overwhelmingly positive. 

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New Microgrants Cultivate Collective Giving

Members of the co-design team working to grow the power and amplification of giving circles. (Photo credit: Catalist)

On August 20, 2019, an initiative to connect and catalyst the field of giving circles announced their intention to donate $32,000 to collective giving organizations. The funds, distributed in thirteen microgrants ranging from $500 to $5,000, will go toward circles and networks that “showcase, scale, strengthen, and sustain the field of collective giving. 

This initiative is born out of a yearlong co-design process spearheaded by the organizations Amplifier, Asian Women’s Giving Circle, Catalist, Community Investment Network, and Latino Community Foundation. 

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Women Give More from Less

New Research by PayPal helps us understand women’s giving behavior and impact. (Infographic Credit: Paypal)

New research supported by Paypal points to the fact that women give more to charity while earning 19% less than men, and as they age, women become more generous.

Since Paypal processes the payments for more than a half million charities, it has decided to release its first-ever annual insights on where, why, and how people are donating their money online. PayPal’s 2018 Global Impact Report found that in 2018, 55.1 million people from over 200 markets contributed $9.6 billion to more than 665,000 charitable organizations via PayPal.

Top Giving Trends

There is a lot to unpack in this research, but overall, an important finding of the study is that those who have less give more. The study found that “Donors in the low-income bracket ($0-$49,999K) give the highest percentage of their income to charities (0.63%) over any other income bracket.” Those with higher income levels ($125k+), only give 0.14% of their income on average.

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How One Feminist Giving Pioneer is Changing Lives

Two participants embrace at a Safe Conversations workshop.
(Photo credit: Relationships First)

When you hear the word “relationship,” what do you think of first? A couple in a romantic partnership, or two people sharing a conversation?

Most of us would lean toward that first option–which is part of the reason Relationships First is setting out to change the way we think about human interaction.

Relationships First is a nonprofit founded on the idea that healthy relationships are key to physical, financial, and emotional health–not just for people, but for the communities and countries they live in. When our relationships suffer, it shows. We tend to disconnect from our jobs, our friends, our children, our family members. And when this happens, performance drops, stress mounts, and communities feel the heaviest effects. This nonprofit seeks to break this vicious cycle by teaching new ways of communication.

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45 Years, Millions of Lives: An Interview with Leah Margulies

Leah Margulies is an attorney, human rights advocate, and policymaker who has dedicated her career to bringing corporations to task over their activities that violate human rights.

“Join other people who are passionate about what you’re passionate about, and things will just happen.”

This is how my interview ended with Leah Margulies, a longstanding figure in the world of activism and corporate accountability. A civil rights lawyer, a policy maker, an attorney, an author – Leah’s resume stretches across almost five decades of powerful work. Her career represents the best possible outcome when philanthropy and activism intersect – years of positive action, progress, and the ability to look back and see how far we’ve come.

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Funders, Please Step Up On Crisis in Women’s Media

The current homepage of Rewire News (Photo Credit: Rewire News)

The failure of the feminist movement to tackle changes in public media policy may be one of the most significant shortcomings of my generation. Take these few facts as proof. According to a report from the Global Media Monitoring Project by Margaret Gallagher entitled Who Makes the News?, the percentage of women in newsmaking roles stagnated at 23% from 2005 to 2015. And the output from media that focuses on women? Even more dismal. According to the report, “Across all media, women were the central focus of just 10% of news stories – exactly the same figure as
in 2000.” And just a few more statistics to get your hair standing on end: women only directed 8% of the top 250 grossing films in 2018, and women-directed films reach just 2.75% of screens in the U.S.

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