Great news for the gender lens investing sector — 2017 brought a massive 41% increase in public market securities that use gender lens strategies.
A report entitled Gender Lens Investing: Investment Options in the Public Markets produced by Veris Wealth Partners has the details. Suzanne Biegel, Founder of Catalyst At Large, is credited with collaborating and gathering the information used in the analysis, this being her second year working in partnership with Veris Wealth Partners to create the public market scan. The study pulls together information from over 23 gender lens investment instruments produced by a wide range of financial companies including Barclay’s, Pax Ellevate, State Street Global Investors, ThirtyNorth Investments, Morgan Stanley, and others.
An interesting new tool called Storify helps to aggregate a social media conversation into a story. This is the first one I have created, and it was pretty easy!
The Storify helps to see who participated and to review what everyone said. We had some excellent questions and commentary, including participation from PBS To the Contrary, Philanthropists Ruth Ann Harnisch (disclosure: she is a sponsor of Philanthropy Women) and Jacki Zehner, as well as many nonprofits and women’s funds. Check it out!
I’m excited about the #FundWomen Twitter Chat, starting tomorrow at 11 AM EST. Also joining the conversation: clothing company Michael Stars, which has a foundation and uses its philanthropy to effect positive change for women.
Below is a sneak peek of a few of my upcoming tweets!
Here’s part of my answer for Question #2: How and why do you opt to fund women’s rights organizations?
We all have a unique journey in giving, and now that my journey has landed squarely on feminist philanthropy, I am excited to host a Twitter chat on National Philanthropy Day, to discuss my journey as a giver and to learn about your journey. I believe that by conversing, we can do more than we realize to help each other along the way.
The Twitter Chat will take place on National Philanthropy Day, Wednesday, November 15th, at 11 AM EST it, and will last for one hour. The chat is being hosted by Women Thrive Alliance, one of our spotlight organizations, and will focus on the following:
Topic: The Added Value of Funding Women’s Rights Organizations
Editor’s Note: It gives me great pleasure to welcome Allison Fine to Philanthropy Women as a guest contributor. Allison is the author of multiple books including Momentum: Igniting Social Change in the Connected Age and The Networked Nonprofit. A former Senior Fellow at Demos, Allison specializes in the intersections of online activism and democracy-building.
Exactly a year ago, millions of women across the country created the Resistance. We have marched and protested, shared our outrage using hashtags such as #metoo, #yessallwomen #nastywomen and called (and called and called) Congress. Now it’s time to shift from powering the Resistance to creating the Renaissance. However, there is one huge barrier, the “final frontier” as philanthropist Ruth Ann Harnisch calls it: our discomfort with money and power.
In case you haven’t noticed, nowadays people get around by Ubering or Lyfting instead of taking a cab or taxi. As these web-based transportation services grow, an exciting collaborations appears to be growing as well, specifically between Take the Lead, the women’s leadership organization steered by longtime feminist leader Gloria Feldt, and the company Lyft. To demonstrate its support of Take the Lead, the growing multi-billion dollar rideshare business is offering discounts on rides in honor of Take the Lead Day on November 14th.
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.
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.
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.
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.