Recently, I got an email from Stephanie Gillis, Senior Advisor at the Raikes Foundation, wanting to “explore potential synergies” with the work we are doing at Philanthropy Women. Naturally, I was eager to do so, and soon learned about Givingcompass.org, a new team effort of several foundations and nonprofits, aimed at drawing on the chops of the tech sector in order to provide more resources for the philanthropy sector, particularly around how to assess the quality of philanthropy and get the most impact per philanthropy dollar.
Giving Compass aggregates philanthropy news and information by topics, including news and information about women’s philanthropy.
What got me smiling right away as I got an inside tour of GivingCompass.org: It looks like they are going to do philanthropy news aggregation right. Inside the site, partners of great magnitude have already signed up to be part of the 12-16 “magazines” that will aggregate multiple areas of philanthropy, helping to feed donors and the nonprofit sector with a new source for matchmaking, as well as data, case examples, and strategy on how to give.
Tracy Gary has played a key role in building the infrastructure of women’s philanthropy over the past 40 years.
Tracy Gary says she starts every day as a “grateful activist.” That’s a good way to approach the morning, and an attitude that infuses the 66-year old Gary’s now 40-year career as philanthropy advisor, non-profit leader, donor and consultant.
A founder of nearly two dozen non-profits, Gary heads Unleashing Generosity and Inspired Legacies, and is on the road 40 days per year working with non-profits, foundations, and donors. That’s down from the 200 days away from home she used to log, but in the last few years she has reduced her workload (which used to run to 60-80 hours per week) and dropped 100 pounds. It’s a matter of staying healthy, and staying on the planet, so that she can continue mentoring the next generation of inheritors and philanthropy professionals.
“We have been very intentional to make sure that organizations that are connected to communities and girls of color are at the table,” said C. Nicole Mason, Ph.D., Vice President of Programs for the Washington Area Women’s Foundation (WAWF), when talking with Philanthropy Women recently about the launch of the Young Women’s Initiative (YWI).
A Fair Chance, a new report from the Washington Area Women’s Foundation, provides key statistics that map out the problems needing to be addressed for women and girls of color, such as high suspension rates in school.
This connectedness to the community is a big factor in what makes YWI a powerful vehicle for youth empowerment for girls of color as well as for transgender and non-gender conforming youth.
Since its launch in May of 2016, I have started following Ellevate Network on my Twitter feed, and I am always impressed by the quality of their material on both gender equality and gender lens investing. Now, the new startup that aims to capture the $11 trillion women’s investing market, is holding a conference in June to activate gender equality movements. Sallie Krawcheck, the architect and founder of Ellevest, came to my attention last spring when I was creating a list of 9 Gender Lens Investors to Know About.
Sallie Krawcheck, CEO and Co-Founder, Ellevest
Here is my capsule on Krawcheck from that article:
Sallie Krawcheck, CEO and Co-Founder, Ellevest
Known as one of the most senior women on Wall Street, Sallie Krawcheck is a mastermind of finance who has now broken out on her own to make gender lens investing a priority. Formerly president of the Global Wealth and Investment Management division of Bank of America, Krawcheck is widely published on issues ranging from Wall Street regulatory reform to how to manage a start-up. Krawcheck is on a mission to close the gender investing gap, and help women everywhere figure out a good equation for money in their lives. In a recent interview for CNBC about Ellevest, Krawcheck was quoted as saying, “If I were to go very Gloria Steinem on you, I’d say until we get this gap closed, we’re not going to be equal.” Her new platform, Ellevest, is just getting started on cashing in on the $11 trillion market of assets controlled by women.
American women have not generally been celebrated for their philanthropic activity, so it shouldn’t be surprising that African-American female philanthropists are especially invisible in contemporary culture.
Madam C. J. Walker
But that wasn’t always the case. In the early 20th century, African-American women were engaged in a literal battle for survival in a segregated and violently racist nation. One African- American woman, however, managed to go from being a laundress who sometimes earned less than one dollar a day to becoming one of the first self-made female millionaires in the United States. Her name was Sarah Breedlove, but she was known far and wide as Madam C. J. Walker, the founder of a hair care empire and a noted philanthropist. Walker used her fortune to champion the YMCA, the Tuskegee Institute, the National Association for the Advancement of Colored People (NAACP), and other important civic and educational organizations.
If you’ve ever had the notion that your big strong male partner is going to protect you and provide for you, you are not alone. This cultural norm runs particularly deep in Latin cultures, where the term machismo is positively identified by traditional men who see it as their duty to protect and provide for their families. But the negative implications of machismo — violence, rigid gender roles, and the expectation that men should maintain financial control of the family — can have devastating impacts for women and children.
This article about The City of Women, a place on the outskirts of the Colombian city Turbaco, is a fascinating window into how women can come together to protect and care for other, more marginalized women in their communities.
The article, written by Marie Doezema, is published by CityLab, a collaborative project with The Atlantic. CityLab also runs a yearly conference, with the 2016 conference having a wide range of sponsors including Bloomberg Philanthropies, the Aspen Institute, GM, JPMorgan Chase, and Knight Foundation as Underwriters, McKinsey & Co. as Knowledge Partners, AARP and BASF as Supporting Partners, and The Miami Foundation, and Pfizer as Contributing Partners. The 2017 conference will be held in Paris, France, from October 22-24, 2017.
The City of Women is a refuge built by women for women and families. It consists of 98 houses that serve as sanctuary for women in need of shelter. Completed in 2006, The City of Women is responding to the increased violence in Colombia over the past decade as fighting has continued between government, paramilitary, and insurgent forces.
The City of Women grew out of the vision of Patricia Guerrero, a human rights lawyer from Bogota, who founded the Liga de Mujeres Desplazadas, or League of Displaced Women, in 1999. Initial funding for the City of Women, which began construction in 2003, came from the Colombian government, the US Congress, and the UN High Commissioner for Refugees. Organizers of the City of Women continue to seek funders to create more housing.
From the article:
One of the first things you notice upon entering the City of Women is how many men there are. In this sense, it could be any other neighborhood; men of all ages sit on porches and on motorcycles, walk the sidewalks and visit the smattering of shops selling cold drinks, snacks, and phone credit. Men are not barred from the City of Women as they, too, are victims of displacement and violence. The difference here, though, is that in a sharp detour from patriarchal traditions, it’s the women who own the houses and the Liga, made up entirely of women, who make community decisions.
Though there have been workshops and anti-machismo training for men living in the community, true change, particularly among older generations, remains a challenge. Machismo has been reduced “very little,” says Guerrero, adding that she holds out hope for the younger generation. “The fact that women own the houses intensifies the violence,” she says. “But the young ones who grew up in the city have seen a different model. They have been raised with a process, but the adults are still machismo; there is still violence and discrimination against women.”
President Trump, in Belgium on the fourth leg of his overseas trip, met with NATO and European Union leaders. Analysts said expectations were low.
I will let The New York Times fill you on what happened at this meeting with NATO and European Union leaders, but this picture tells a large part of the story about what global leadership looks like today — it is heavily male-dominated. Hopefully as more philanthropy takes on gender equality, we will see the percentages of women in politics increase.
From the article:
After the meeting, Mr. Trump headed to the Belgian residence of the United States ambassador, where he had a working lunch with Mr. Macron. Mr. Trump, who had appeared to favor Ms. Le Pen, Mr. Macron’s opponent, showered the French president with praise for his election win.
Some of the wealthiest women in the world deploying vast fortunes with gender lens grantmaking: This is the future of philanthropy. Maverick Collective is one of the places where this strategy is already taking place.
Maverick Collective, co-chaired by Melinda Gates and H.R.H. Crown Princess Mette-Marit of Norway , is poised to deploy millions more in philanthropy with a gender lens.
But gender norms of the past still haunt many women philanthropists. “Women told us that they would be at a cocktail party, and people would come talk to their husbands, but not them,” said Kate Roberts, Senior Vice President for Corporate Partnerships with Population Services International (PSI). A global nonprofit “focused on the encouragement of healthy behavior and affordability of health products,” PSI is the host organization for The Maverick Collective.
Jackie VanderBrug will speak about gender lens investing in Rhode Island on June 7.
The world of gender lens investing has yet to be even marginally explored for all its potential, especially given that only 1.1% of assets under management in the asset industry are controlled by women and minorities.
That’s why it’s exciting to learn that the Women’s Fund of Rhode Island is hosting an event on June 7, 2017 featuring Jackie VanderBrug, gender lens investing expert. I featured Jackie VanderBrug in my list of 9 leaders to know in gender lens investing. Here is my capsule on her:
Jackie VanderBrug, Senior Vice President and Investment Strategist, US Trust
VanderBrug is one of the earlier and most dedicated leaders in the new field of gender lens investing. She comes from Criterion, another pioneer in the field where she helped develop the Women Effect. VanderBrug’s awareness of the interrelated nature of social change began when she was a domestic policy analyst for the U.S. Congress. Along with Sarah Kaplan, VanderBrug recently authored an article entitled the Rise of Gender Capitalism, published in the Fall 2014 issue of the Stanford Social Innovation Review, which discussed in detail how investing with a gender lens creates financial and social impacts, while also helping women.
The Clinton Foundation provides research and information on how to get youth, and particularly girls, more physically active.
The #GirlsAre campaign coordinated by The Clinton Foundation last year was so successful at galvanizing media and action for girl athletes, they are doing it again for a second year.
That’s a very good thing, because data shows that girls in the U.S. are far less likely than boys to engage in the recommended amount of physical activity. The Clinton Foundation and the Alliance for a Healthier Generation, along with a long list of foundations and nonprofits, is continuing the #GirlsAre campaign to fight against this worrisome trend for girls.
