The $25M U.S. Bank Access Fund will be deployed as long term investments to 3 partner organizations supporting women of color in business.
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.
Editor’s Note: This article is Part Four 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 Two: How to Call Your Congresswoman, and Part Three: Talking to Family Members About Giving.
We’re almost finished with our Activating Philanthropy series! Thanks for joining us for this four-week series on activating philanthropy in your everyday life. Now that we’ve covered the basics, we’re tying everything together with one of the simplest and most effective forms of collaborative philanthropy: the giving circle.
The Marsha P. Johnson Institute has committed over $250K in direct donations to black LGBTQ+ individuals to provide post-pandemic support.
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.
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 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.
Fearless Fund, a venture capital fund built to support women of color, has received a huge investment from Mastercard.
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.
Women’s History Month was definitely one for the books, especially with Jack Dorsey’s #StartSmall initiative dispersing $3 million in grants at the end of the month. This newest funding was allocated to four grassroots organizations focused on breaking down educational barriers for women in sub-Saharan Africa.
Editor’s Note: This article is Part One 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 the upcoming installments: Part Two: What It Means to “Call Your Congresswoman”, Part Three: Talking to Family Members (Who Don’t Want to Talk to You), and Part Four: How to Start a Giving Circle.
Welcome to Philanthropy Women’s “Activating Philanthropy” series! This four-part series will explore ways to bring your philanthropic ideals into your everyday life, activating the lessons we’ve learned along the way. We invite you to take action in your own way, utilizing the guidelines in these articles, and sharing your experiences with your community!
The Women’s Foundation of Minnesota gave grants to eight organizations to expand on its “Not For Sale” campaign, creating the Fund for Safety.
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.
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.
Statement by Women’s Funding Network President and CEO Elizabeth Barajas-Román on the need for collective action to address equal pay for women
SAN FRANCISCO — Equal Pay Day is March 24, 2021, spotlighting how far into the next year women have to work to be paid the same amount that a man was paid the previous year. Women’s Funding Network President and CEO Elizabeth Barajas-Román issued the following statement: