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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New P.E.A.R.L. Pledge Program to Empower Black Women

Pearl Milling Company has launched a multi-year program, P.E.A.R.L. Pledge, to empower black women and girls across the U.S.

P.E.A.R.L. Pledge will award $1M in grants to nonprofit organizations this year to kick-off the launch of the program. (Image credit: Pearl Milling Company)
P.E.A.R.L. Pledge will award $1M in grants to nonprofit organizations this year to kick-off the launch of the program. (Image credit: Pearl Milling Company)

Pearl Milling Company, maker of the 132-year-old pancake mix and syrup products previously found under the Aunt Jemima name, announced its community funding initiative as part of the brand’s commitment to support the Black community. P.E.A.R.L. Pledge is a multi-year program focused on championing the empowerment and success of Black women and girls across the country. In its inaugural year, the brand will award $1 million in grants to nonprofit organizations helping to fulfill this mission.

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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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Naomi Osaka’s Play Academy Branches Out to LA and Haiti

Play Academy with Naomi Osaka is expanding to Los Angeles and Haiti to continue to change the lives of girls through play and sport.

Play Academy with Naomi Osaka was launched in 2020 to create real change in the lives of girls. (Image credit: Nike)
Play Academy with Naomi Osaka was launched in 2020 to create real change in the lives of girls. (Image credit: Nike)

Announced in August of 2020, Play Academy with Naomi Osaka was created in partnership with Laureus Sport for Good with the goal to help change young girls’ lives through play and sport. Building on its work in Japan, Play Academy is expanding to Los Angeles and Haiti, collaborating with local sport-based organizations that are helping encourage a new definition of movement for the next generation of girls.

Essential to Play Academy is Osaka’s personal experiences as an athlete, set by a rich transcontinental heritage that has shaped her views on sport, racial and gender equality and mentorship. With a mission so close to her heart, Osaka wanted to champion those causes in communities she knows and is deeply connected to – starting in Japan, where she was born, and continuing to Los Angeles and Haiti, where she currently lives and where her father is from, respectively.

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Announcing the Hosts of the 33rd Annual Gloria Awards

The 33rd Annual Gloria Awards: A Salute to Women of Vision will be hosted by change-makers Laura Jiménez and Marissa Nuncio.

The 33rd Annual Gloria Awards will take place on Thursday, May 20th 2021 at 8PM EDT/ 5PM PDT (Image credit: Ms. Foundation)
The 33rd Annual Gloria Awards will take place on Thursday, May 20th 2021 at 8PM EDT/ 5PM PDT (Image credit: Ms. Foundation)

We are so excited to introduce you to Laura Jiménez and Marissa Nuncio — two grantee partners that we are honoring at this year’s virtual gala: the 33rd Annual Gloria Awards: A Salute to Women of Vision on Thursday, May 20. These women embody leadership and what it means to advance equity to create real change in their communities.

For more than 25 years, Laura Jiménez has worked with women of color organizations across the country on issues of reproductive justice, including the National Latina Health Organization, the Dominican Women’s Development Center and was part of the birth of SisterSong Women of Color Reproductive Justice Collective. Laura is passionate about issues of immigration, environmental justice, and birthing and parenting, as they intersect with reproductive justice. She is an innate healer, a daughter of the ocean, a holder of space, a holder of hands and hearts. Laura is a proud mamá to four awesome people and is the compañera of a gifted musician.

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More Than Magic: What Funders Can Learn From Black Women and Girls

Editor’s Note: The following essay is by Dr. Torie Weiston-Serdan, Chief Visionary Officer of the Youth Mentoring Action Network (YMAN) and author of “Critical Mentoring: A Practical Guide.”

black womxn
Dr. Torie Weiston-Serdan shares her perspective on how funders can best collaborate with Black womxn and girls. (Image credit: @tweiston)

2021 has already been a traumatic year for Black womxn and girls. On the very day that the Chauvin verdict was announced, news spread like wildfire about 15-year old Ma’Khiah Bryant’s ruthless killing by police in Columbus, Ohio. Ma’Khia’s death followed a series of brutal assaults against young Black girls in the past four months – such as in January when a 16-year old in Florida was victimized by police after a school resource officer body-slammed and knocked her unconscious. Or in Rochester, New York where a nine year old was pepper-sprayed by officers who afterward told her, “You did it to yourself.”

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How Marsha P. Johnson Institute Gives Direct Support to LGBTQ+ POC

The Marsha P. Johnson Institute has committed over $250K in direct donations to black LGBTQ+ individuals to provide post-pandemic support.

The Marsha P. Johnson Institute has donated over $250K in 2020 to Black LGBTQ+ individuals disproportionately affected by COVID-19 (Image credit: Marsha P. Johnson Institute)
The Marsha P. Johnson Institute has donated over $250K in 2020 to Black LGBTQ+ individuals disproportionately affected by COVID-19 (Image credit: Marsha P. Johnson Institute)

As the pandemic continues and with it, disproportionate impacts on Black transgender people, the Marsha P. Johnson Institute today announced the donation of over $250,000 to more than 500 individuals across the United States in 2020.

The Marsha P. Johnson Institute’s COVID-19 Relief Fund provides a one-time direct relief payment of $500 to Black transgender or non-binary identified people. The Institute is committed to centering the needs of those most beyond the margins; priority for the awardees was given to Black trans women and those who have experience as sex workers, have been formerly incarcerated, and other vulnerable community members.

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Gwen Tillman of Tides on Investing in Women: It’s Simple

Editor’s Note: This interview in our Feminist Giving IRL series features Gwen Tillman, Chief People Officer for Tides, a philanthropic partner and nonprofit accelerator.

Gwen Tillman
Gwen Tillman, courtesy of Gwen Tillman
  1. What do you wish you had known when you started out in your profession?

By the time I took a sabbatical from working in the technology sector, I was burned out. I didn’t realize how burned out I was until I allowed myself some time to step back and figure out what I wanted my life to be about. As one of the very few Black women in my field, I constantly drove myself to perform at 1000%, and I think that’s true of many Black women who feel the systemic pressure to constantly prove themselves. What I wish I knew early on in my career is that none of us can function at 1000%, when our bodies and our souls are functioning at 50%. We have to be better advocates for our own well-being because nothing is worth risking your health. Find a career that is consistent with your values and an organization that grants you the grace to live a balanced life and feeds your soul, at the same time. I am happy to say, I have found that at Tides.  

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Asia Foundation to Honor Eileen Fisher and Women In Need

The Asia Foundation’s 2021 Lotus Leadership Awards will honor Eileen Fisher and Women In Need for their work for women in Asia and the Pacific.

The 2021 Lotus Leadership Awards will be held virtually on Wednesday, April 18th at 6pm EST / 3pm PST (Image credit: Asia Foundation)
The 2021 Lotus Leadership Awards will be held virtually on Wednesday, April 18th at 6pm EST / 3pm PST (Image credit: Asia Foundation)

The 2021 Lotus Leadership Awards will honor Eileen Fisher for her pioneering leadership in women’s economic empowerment and sustainability, and Women In Need (WIN), a non-profit partner working to end gender-based violence in Sri Lanka. The celebration will take place virtually on Wednesday, April 28th and features appearances by ABC “Nightline’s” Juju Chang and “Law and Order: SVU” actor Mariska Hargitay.

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Activating Philanthropy – Part Two: How to Call Your Congresswoman

Editor’s Note: This article is Part Two 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 Three: Talking to Family Members (Who Don’t Want to Talk to You), and Part Four: How to Start a Giving Circle. 

Yup, sometimes it really is as simple as looking up a phone number! (Graphic Credit: ProgressOhio)

Welcome back to Activating Philanthropy with Philanthropy Women! This week, we’re exploring a common theme in the giving world that isn’t often clearly explained. During election seasons and high-stakes activism cycles, there are typically calls to “call your Congresswoman,” “write your representatives,” or otherwise engage with the American democratic system as a concerned citizen.

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