Darren Walker: It’s Time to Support Black Women and Girls As They Lead

Editor’s Note: The following essay is by Darren Walker, President of the Ford Foundation.

Black women worldwide have shown unbelievable resilience in the face of deep-seated racism and gender-bias, especially in the wake of the pandemic. (Image credit: The Root/Shutterstock)

Despite some (if uneven) progress with vaccinations, we still face a pandemic of pandemics: A deadly virus that exposes and aggravates deep-seated racism and gender-bias throughout our societies and institutions. Indeed, all of the data affirm, women—particularly women of color—bear the brunt of these interconnected crises.

The facts are devastating: Women of color have been left without jobs at higher rates during Covid-19. Around the world, rising unemployment coupled with lockdowns and school closures have forced millions into poverty and the threat of violence at home. In Tunisia, for instance, reported incidents of domestic violence increased five-fold during the early days of the pandemic.

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Mastercard Invests Millions in Venture Capital with Fearless Fund

Fearless Fund, a venture capital fund built to support women of color, has received a huge investment from Mastercard.

Mastercard has made a muti-million dollar investment to Fearless Fund to help black-owned businesses (Image credit: Fearless Fund)
Mastercard has made a muti-million dollar investment to Fearless Fund to help black-owned businesses (Image credit: Fearless Fund)

Black women are building and growing businesses faster than any other segment and yet receive less than one percent of venture capital funding. In addition, only three percent of the people actually leading investments at VC firms are Black according to the National Venture Capital Association. To help further access to funding for Black women, Mastercard today announced a multi-million dollar investment in Fearless Fund, a venture capital fund built by women of color for women of color.

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How Will the Rockefeller Fdn Make Vaccines More Accessible to POC?

The Rockefeller Foundation has launched the Equity-First Vaccination Initiative to improve vaccination rates in communities of color.

The Rockefeller Foundation's Equity-First Vaccination Initiative will collaborate with organizations across the U.S. to improve vaccination rates in communities of color. (Image credit: Rockefeller Foundation)
The Rockefeller Foundation’s Equity-First Vaccination Initiative will collaborate with organizations across the U.S. to improve vaccination rates in communities of color. (Image credit: Rockefeller Foundation)

The Rockefeller Foundation announces the launch of a historic $20 million Equity-First Vaccination Initiative to improve the vaccination rate among communities of color, which have been disproportionately impacted by the Covid-19 pandemic. Representing less than one-third of the 74 million people who are now fully vaccinated in the United States, communities of color are twice as likely to die from Covid-19 and three times as likely to be hospitalized as white Americans. To close this gap, the Foundation will initially collaborate with five organizations to deploy equity-first, hyper-local public health interventions in five U.S. cities: Baltimore, Md.; Chicago, Ill.; Houston, Texas; Newark, N.J.; Oakland, Calif. During the second phase of the Initiative, the Foundation will collaborate with several national organizations to take lessons learned from the five cities and ensure that at least 70 million people of color are vaccinated by July 2021.

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How WFMN is Building on Not For Sale Campaign with Fund for Safety

The Women’s Foundation of Minnesota gave grants to eight organizations to expand on its “Not For Sale” campaign, creating the Fund for Safety.

Women's Foundation of Minnesota has awarded eight organizations with grants to fight gender-based violence in all its various forms. (Image credit: WFMN)
Women’s Foundation of Minnesota has awarded eight organizations with grants to fight gender-based violence in all its various forms. (Image credit: WFMN)

The Women’s Foundation of Minnesota (WFMN) has awarded eight grants totaling $205,000 to nonprofit organizations and the City of Minneapolis through its Fund for Safety. WFMN’s Fund for Safety resources innovation to end gender-based violence, a continuum that includes sex trafficking, domestic violence, rape, sexual assault, and sexual harassment. The Fund for Safety continues and expands upon the investments made through the Women’s Foundation of Minnesota’s MN Girls Are Not For Sale campaign.

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How is Bank of America Responding to the Rise in Anti-Asian Hate?

In response to the rise in anti-Asian hate in the U.S., Bank of America has increased its commitment to racial equality to $1.25 billion.

Bank of America announced a $1B commitment over four years in June 2020, but has decided to increase the donation in response to the rise in anti-Asian hate. (Image credit: Bank of America)
Bank of America announced a $1B commitment over four years in June 2020, but has decided to increase the donation in response to the rise in anti-Asian hate. (Image credit: Bank of America)

Bank of America today announced that it has increased its $1 billion, four-year commitment to advance racial equality and economic opportunity to $1.25 billion over five years. This effort further accelerates work already underway to address racial equality and opportunity through direct actions, investments and work to catalyze similar efforts across the private sector.

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ERA Coalition Delivers Star-Studded Gala in Pivotal Year for Law

The Living Equality Gala, an event organized by the ERA Coalition, started with Broadway singer Rebecca Naomi Jones singing a rousing rendition of “Ain’t it Good.”

“It is in fact really good,” said Caroline Clarke, who, along with Debra Messing, co-hosted the event. “We are all gathered here tonight to celebrate that for the first time in 99 years, our congress has unflinchingly declared that women’s equality is a priority in the United States of America.”

ERA
Honorees and hosts as well as audience members sang “Happy Birthday” to Dolores Huerta as part of the Living Equality Gala festivities. (Image Credit: ERA Coalition)

Both Messing and Clarke discussed the pivotal year we are in for the landmark Equal Rights Amendment, with 2021 being seen as the year that the Amendment will finally be added to the U.S. Constitution.

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How Is Asia Gender Network Pushing for More Pan-Asian Advocacy?

AVPN’s Asia Gender Network becomes the first pan-Asian network dedicated to the funding advancement of women and girls.

According to recent reports from the World Economic Forum, the world at large is still decades away from achieving total gender equality. In Asia, which holds 60% of the world’s population, that number stretches to 70 years — and in East Asia, more than 160. Pair that with the backslides from the pandemic and the resulting “She-cession,” more than 2 billion Asian women are facing a road to gender equality even more difficult than in years past.

Members of the Asia Gender Network celebrate the founding of their organization with AVPN. (Image Credit: AVPN/Asia Gender Network)

To combat this crisis, the Asia Gender Network has become the first pan-Asian network committed to mobilizing financial, human, and intellectual capital toward gender equality.

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$11M to Grantees: How CFF Will Take Down Gender-Based Violence

The Collective Future Fund has chosen 25 organizations to start its first multi-year grantmaking effort, pledging a total of $11 million.

In this grantmaking effort, the Collective Future Fund has chosen organizations dedicated to ending gender-based violence in all its various forms. (Image credit: CFF)

On March 31st, 2021, the Collective Future Fund (CFF) awarded grants to 25 organizations in its first multi-year grantmaking effort, totaling $11 million over the next three years. The grant recipients are working at the forefront of movements to end gender-based violence in all its forms, and are all led by BIPOC women, queer, transgender, gender non-conforming, non-binary and im/migrant survivors of color. 

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How Susan G. Komen and Telemundo Will Partner on Breast Cancer

Susan G. Komen and Telemundo have announced a new partnership that will finance breast cancer initiatives for Latino communities.

Susan G. Komen and Telemundo have agreed to a two-year partnership to improve breast care initiatives and education for Hispanic women in the U.S. (Image credit: Susan G. Komen)
Susan G. Komen and Telemundo have agreed to a two-year partnership to improve breast care initiatives and education for Hispanic women in the U.S. (Image credit: Susan G. Komen)

Susan G. Komen®, the world’s leading breast cancer organization, and Telemundo, the leading media network for Hispanics in the U.S. and Puerto Rico, announced today a two-year partnership to reach Hispanic women with trustworthy information and resources to take control of their breast health.  As breast cancer is the leading cause of cancer death among Hispanic women in the U.S., this integrated partnership will seek to overcome barriers to care for this key community by providing culturally competent breast health information across Telemundo’s platforms and access to key Komen resources.  The two organizations will work together to help raise funds in support of education and other critical breast cancer initiatives benefiting the Latino community.

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Ford Foundation Backs New Black Feminist Fund with Seed Money

The Black Feminist Fund just received a generous commitment of $15M from the Ford Foundation to jumpstart this new effort.

On March 25th, the Ford Foundation announced its commitment of $15 million in seed funding to help launch the Black Feminist Fund, a new philanthropic fund developed and led by a core group of Black feminists who sit at the nexus of feminist organizing, advocacy, and philanthropy globally. Ford’s initial investment will be vital to help jumpstart the fund’s work to create a network of support around key issues that impact Black women around the globe.

The Ford Foundation’s $15 million seed investment is from the proceeds of the foundation’s unprecedented social bond launched in 2020 in response to the pandemic. The new funding to the Black Feminist Fund is in addition to Ford’s ongoing support for organizations working to advance racial and gender equality around the world. The foundation’s increased commitment recognizes that Black women have been disproportionately affected by the pandemic.

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