Ruth Ann Harnisch recently penned a piece for The Tennessean on why she supports The Women’s Fund in Tennessee, seeing them as “the smartest, most efficient way to meet the ever-changing needs of women and girls in this area.”
Women’s funds today are using a range of strategies to build economic security for women and families. By lending capital to women’s small businesses, many women’s funds are helping women build their own financial security — an important step in advancing the frontiers of gender equality.
Investing in financial stability for those on the margins of society, including those who have been traditionally excluded, is central to the mission of many women’s funds, and The Women’s Fund discussed by Harnisch in the article appears to be a prime example of this. The Women’s Fund supports Doors of Hope, for example, which “offers real-life training for women coming out of prison, along with support as they develop skills for living.”
In the world of philanthropy, it’s a little unusual to hear about a public debate between high level professionals. We have a lot of panel discussions, and not so many debates. But Philanthropy New York (PNY) clearly has other ideas.
PNY, “a regional association of grantmakers with global impact,” is sponsoring a debate between two very different leaders in the philanthropy sector. Picture, if you will, the matchup:
In this corner, we have David Callahan, Founder and Publisher of Inside Philanthropy, and author of the forthcoming title, The Givers, a riveting text that makes you question everything you know about philanthropy, and which lands squarely on the side of tightening up taxation and regulation of the rich. Furthermore, it makes you want to run laps around the block to vent your rage at the rampant inequality in today’s world.
It gives me great pleasure to announce that Philanthropy Women has secured its first two lead sponsors, and hopes to bring on at least eight more by year’s end.
Needless to say, it is the dream of a lifetime for me to be able to write and publish on such an important topic. I am excited to begin hiring more writers and scaling up.
Our lead sponsors both possess unique expertise in the world of women’s philanthropy, so their added value is compounded mightily by their own dedication to building new ways to fund gender equity in the world. Please join me in thanking them for believing in the vision of Philanthropy Women, and for supporting more quality media by, for, and about women.
How is Bollywood actor and activist Mallika Sherawat helping girls escape lives of sex trafficking? One girl at a time, by enrolling them in the School for Justice.
Sherawat is an ambassador of the Free a Girl Movement and a supporter of the School for Justice, opening today in Mumbai, India.
But freeing the girls is only part of the story. The larger part of social change being driven by Mallika Sherawat and other community activists in India is about correcting the systems of justice that do not prevent the crimes from happening again. Here’s how Mallika Sherawat explains it: “By freeing the girls, we’re not changing the system that allows this crime to happen. To break this cycle, we will attack a key factor: the fact that the perpetrators are not being punished. Because they are not punished, they can continue with their crimes.”
She’s young, she’s highly educated, and she likes to be involved in funding strategy — all traits that suggest Priscilla Chan will be making an enormous impact on philanthropy over the next decade and beyond.
“Chan is a hands-on leader of Chan-Zuckerberg Initiative (CZI), taking charge of many of the day-to-day operational details of scaling up a large philanthropic enterprise,” David Callahan recently told me. Callahan is founder and publisher of Inside Philanthropy, and interviewed Chan for his new book, The Givers, due out April 11th.
I recently returned from DREAM. DARE. DO. in Chicago, the every-three-year (maybe more often now!) convening of the Women’s Philanthropy Institute.
Wow. I am still reeling from the experience. It was an intense two days of immersion in conversation about women’s leadership in philanthropy, where it is coming from and where it will be going in the brave new political climate of a Trump presidency.
Editor’s Note: Betsy McKinney, Founder and CEO of It’s Time Network and author of this post, was recently invited to speak at an event in honor of Women’s History Month at the U.S. State Department. She gave an overview on the need for collective impact infrastructure and initiatives in the women’s sector, and explained the purpose of It’s Time Network and the Network City Program.
Everyone responded vigorously during the presentation when Betsy said that we need a collective impact structure that acts as an AARP for women, and that we can and should fund it ourselves as women over time. People also responded well to the need for shared measurement and the Women’s Well-Being Index. At the end, women from Malaysia, Nepal and Afghanistan asked how they can join the Network City Program. Betsy gave them copies of ITN’s Mayors Guide and they are eager to consider how they can also use the guide and recommendations.
While the Trump Administration’s attacks against women, immigrants, LGBT, and people of color continue, foundations and nonprofits are coming together to fund the resistance. The latest batch of grantmaking in this department: the Emergent Fund recently granted $330,000 to community-based organizations at the front lines of the resistance.
A project of Women Donors Network (WDN), Solidaire Network, and Threshold Foundation, the Emergent Fund is a way for donors to increase their ability to strategically collaborate, coordinate, and act quickly to support the movement. The fund seeks to supply communities and their allies with the resources they need to create the change our country needs to fight back against the dangerous policy goals of the Trump Administration.