Chera Reid: “My Being and Doing are One and the Same”

Editor’s Note: This interview in our Feminist Giving IRL series features Chera Reid, Co-Executive Director, Center for Evaluation Innovation.

chera reid
Chera Reid, Co-Executive Director of Evaluation Roundtable at the Center for Evaluation Innovation, shares her insights on how we can become a more diverse community. (Image credit: Chera Reid)

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

I wish I had known that it was me, in my whole human self, that was what every organization needed from me. It was and is me that organizations are asking for. When I was starting out professionally, I was ready with my resume and eager to please. I worked hard to do more of what I believed senior leaders wanted me to do, and I kept parts of who I am to myself. Showing up wholly—head, heart, and hands—is what social change leadership requires. Today my being and doing are one and the same.

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Grameen America to Loan $1.3 Billion with New Initiative for Black Women

Grameen America, a non-profit organization providing microloans and financial opportunities to low-income women entrepreneurs, recently announced its new Elevating Black Women Entrepreneurs initiative. By 2030, Grameen America plans to lend $1.3 billion to 80,000 Black women entrepreneurs with this new initiative.

Image credit: Christina @ wocintechchat.com

Based on their track record of over $1.9 billion provided to over 136,000 low-income women already, they’ll reach this new goal and continue leading the way in shifting the racially charged financial situation in the US today. Basically, Grameen America’s Elevating Black Women Entrepreneurs initiative saw the estimated 1.4 million Black women entrepreneurs experiencing “systemic lack of access to affordable credit and capital” and are doing something about it.

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Due Diligence and Risk-Taking in Gender Lens Investing (Liveblog)

On Thursday, May 20th, the Philanthropy Women staff teamed up with Roslyn Dawson Thompson and Rehana Nathoo to discuss the importance of gender lens investing: what it is, how it works, and why we should focus our efforts on it.

gender lens investing

Guests Rehana Nathoo, Founder and CEO of Spectrum Impact, and Roslyn Dawson Thompson, President and CEO of Texas Women’s Foundation, discussed gender-lens investing with Philanthropy Women’s Editor-in-Chief, Kiersten Marek.

The conversation opened with a welcome to the day’s speakers and attendees, as well as a general thanks to Invest for Better for facilitating our conversation with Rehana and Roslyn. Citing the male-dominated nature of finance and corporate life, Kiersten shared her experiences in investing in a gender lens Exchange Traded Fund (EFT) called SHE.

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Sharon Shapiro on Growing New Dimensions with Your Giving Quest

Editor’s Note: This interview in our Feminist Giving IRL series features Sharon Shapiro, Trustee and Community Liaison at the Ruderman Family Foundation.

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

I wish I had known that philanthropy is a process and that there’s a strategy to giving. Growing up in a family that was highly philanthropic, we really didn’t talk about my parents’ giving and what it meant to them. We saw examples, but it wasn’t really spoken about in the house. Today, I try to teach my kids about philanthropy in a strategic way.

sharon shapiro
Sharon Shapiro is the Trustee and Community Liaison at the Ruderman Family Foundation. (Image Credit: Ruderman Family Foundation)

2. What is your current greatest professional challenge?

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How The American Jobs Act Strengthens Women in Society

The Biden Harris Administration recently released a statement analyzing how the American Jobs Plan will positively impact women’s employment. 

President Biden and Vice President Harris (Image Credit: uisjournal.com)

Beginning with an acknowledgement of how the last year saw 3.7 million less women working, the Biden Harris administration recently released a statement discussing their efforts to fight against this trend. Since the onset of COVID, many women have taken on more difficult job conditions, while also being responsible for caregiving responsibilities. Discrimination and hardships plague women, especially women of color, as they try to participate in the workforce. Covid-19 has made this situation even worse, and solving this is key to economic recovery. 

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U.S. Bank Access Fund to Focus $25M on Women of Color in Business

The $25M U.S. Bank Access Fund will be deployed as long term investments to 3 partner organizations supporting women of color in business.

The U.S. Bank Access Fund will be solely focused on helping women of color in business. (Image credit: U.S. Bank)
The U.S. Bank Access Fund will be solely focused on helping women of color in business. (Image credit: U.S. Bank)

U.S. Bank introduced the details of the $25 million U.S. Bank Access Fund – a fund for women of color microbusiness owners, which was first announced in February. The fund, a collaboration between U.S. Bank Foundation and U.S. Bancorp Community Development Corporation (USBCDC), will include long-term investments of grants and capital funding to three partners: the African American Alliance of Black CDFI CEOs (the Alliance), Grameen America and Local Initiatives Support Corporation (LISC). The fund is part of U.S. Bank Access Commitment, the company’s long-term approach to help build wealth while redefining how the bank serves diverse communities and provides more opportunities for diverse employees.

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Jamie Sears of UBS: The Value of More Victories for Women in Biz

Editor’s Note: This interview in our Feminist Giving IRL series features Jamie Sears, Head of Community Affairs and Corporate Responsibility for the Americas with the global financial firm UBS, who also leads the UBS Foundation USA.

jamie sears
Jamie Sears of UBS discusses ways we can do more to support women entrepreneurs. (image courtesy of Jamie Sears)

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

Get practice using your voice, and don’t be afraid to use it. That was important when I started out and is still important now. I grew up as an adopted Asian American in a small town that was predominantly white and, from my earliest days, I did not feel comfortable speaking up.  Even as I moved through life and a career at some incredible organizations, I largely put my head down, did the work and thought it would speak for me. That is not how the world works if you want to have a big impact. I wish I had known the power of believing that my voice was worth something, and that the most powerful thing I could do is use it to advocate for myself and for others. Ultimately, it’s about having the confidence to know that you are contributing to the world. 

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Activating Philanthropy – Part Four: How to Start a Giving Circle

Editor’s Note: This article is Part Four in our four-part Activating Philanthropy series. In this series, we explore ways to bring your philanthropic ideals into your everyday life, activating the lessons we’ve learned along the way. For the rest of the series, check out Part One: Philanthropy in Daily Routines, Part Two: How to Call Your Congresswoman, and Part Three: Talking to Family Members About Giving. 

giving circle
The Women’s Giving Circle of Harford Count presented TasteWise Kids a $5,000 grant for its Days of Taste Program. The check presentation included Kim Malat, Sherifa Clarke, Riva Kahn, Ennise Bloom and Alice Welsh Leeds. In 2019, the Women’s Giving Circle of Harford County awarded 13 grants to nonprofits serving women and children, totaling nearly $45,000. (Image Credit: Jessica Moser / Baltimore Sun)

We’re almost finished with our Activating Philanthropy series! Thanks for joining us for this four-week series on activating philanthropy in your everyday life. Now that we’ve covered the basics, we’re tying everything together with one of the simplest and most effective forms of collaborative philanthropy: the giving circle

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Free Gender Lens Investing Webinar Discussing Options with Experts!

Join Philanthropy Women and inspiring guests on Thursday, May 20th for the next iteration of our webinar series! Gender Lens Investing: Hear From The Experts will be a focused conversation on the power of leveraging your investments to support gender equity.

gender lens

Guests Rehana Nathoo, Founder and CEO of Spectrum Impact, and Roslyn Dawson Thompson, President and CEO of Texas Women’s Foundation, will discuss gender-lens investing with Philanthropy Women’s Editor-in-Chief, Kiersten Marek.

From realigning your portfolio as an individual or an organization to hiring women financial advisors to advocating for women as a shareholder, this webinar will discuss the many ways that women can make a good return on their money and impact financial markets by investing with a gender lens.

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Getting to Work for Ecofeminism with WILD ELEMENTS

Roll up your sleeves and get ready to go to work — the WILD ELEMENTS Foundation has arrived! Just in time for Earth Day, this planet-focused grantmaking organization is leading the conversation with a three-pronged “kindness” approach. And what’s more, WILD ELEMENTS is helmed by two incredible women: Nikki Eslami and Heidi Nel.

WILD ELEMENTS is Eslami’s brainchild: as the CEO and Founder of the organization, Eslami is also a Board Member of the WILD ELEMENTS Foundation, alongside the Foundation’s President and fellow board member Heidi Nel.

The WILD ELEMENTS Foundation launched its first initiatives in April 2021. (Image Credit: WE Foundation)

WILD ELEMENTS is a purpose-first platform, which consists of three unique organizations – a nonprofit corporation (the WILD ELEMENTS Foundation), a storytelling studio, and mindfully made brands. Beginning with a $3 million investment, the WILD ELEMENTS Foundation will support the stories and innovations of leaders around the world through grantmaking, advocacy, network building, and other charitable activities.

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