1,000 female entrepreneurs, majority women-owned businesses, and nonprofits in the United States will receive a $5,000 grant, totaling $5 million in funding from The Spanx by Sara Blakely Foundation. Funds go toward majority women-owned small businesses’ immediate needs in the face of coronavirus, as well as supporting their long-term recovery once the crisis has passed.
“My hope is that this gift will help alleviate some of the pressures caused by this horrible pandemic,” Blakely wrote in her Instagram announcement. “I know first hand what it’s like to be a small business owner. As a woman it can be lonely and scary, especially during a time like this. Small business is the backbone of our culture and I want to help.”
(March 26, 2020) The New York Women’s Foundation is launching the 2020 Resilience-NYC: COVID-19 Response and Recovery Fund to provide organizations funding to solve critical issues facing vulnerable and marginalized communities in New York City
NEW YORK, March 26, 2020 /PRNewswire/ — The New York Women’s Foundation (The Foundation) announced the launch of 2020 Resilience-NYC: COVID-19 Response and Recovery Fund, providing $1,000,000 in grants to organizations helping women, transgender, gender nonconforming, non-binary (TGNCNB) individuals, and their families most impacted by COVID-19. Marginalized populations are among the most vulnerable during times of crisis, along with the local organizations that know how to best support them. The COVID-19 Response and Recovery Fund will provide vital resources to organizations on the front lines for some of the hardest hit communities to address immediate and long-term needs.
The Texas Women’s Foundation (TWF) recently announced that 100 percent of its $36 million dollars in financial assets are now invested in a “gendered impact” portfolio.
The gender impact strategy seeks a strong return on investment while having the investment itself—and not just the return that accrues to Texas Women’s Foundation—benefit women and girls. This approach makes TWF the first and only women’s fund or foundation to move all of its financial assets—which include endowments, operating investments and donor-advised funds—into gendered impact.
“We hope that we can inspire others to become part of what is now a global movement around impact investing,” says Roslyn Dawson Thompson, Texas Women’s Foundation president and CEO. “Specifically for women’s funds and foundations, we can demonstrate how, by mission-aligning 100% of our assets with our philanthropy, we can powerfully accelerate the change we seek in the world.”
As a feminist, reading the news that Jeff Bezos has pledged $10 billion to fight climate change feels jarring, and a little frightening, especially as I scanned through several articles and realized there was no real plan for all this money, and no mention of gender as part of the strategy. I started to feel a little like a wife learning that her husband wants to work on improving their marriage, so he’s bought a boat to prove it, without considering whether she like boats or has any interest in the sport.
Slow your roll, Jeff. It seems like a better plan would be to step back and take a look at what the business you created has done to women, men, children, workers, the environment, and the global economy, and figure out a path to a more sustainable business model for Amazon.
UPDATE: Thank you to all who have responded to our survey. We are getting a lot of good ideas for how to expand and sharpen our strategy. Those who haven’t joined in, get busy! Think of it as free therapy — your chance to vent about all your hopes and fears for gender equality movements.
Below is a survey we are are asking readers to respond to. With so many advanced thinkers and leaders in our audience, Philanthropy Women wants to make sure we have your needs covered when it comes to gender equality funding news. We also want to be able to share insights and honest observations from the community about gender equality movements and strategies, particularly ideas that might not otherwise surface in public discourse. Please let us know your thoughts!
This year promises to be a landmark year for American politics. The Presidential campaign, paired with the current impeachment proceedings and an upsurge in female and minority candidates for seats in Congress, makes this one of the most anticipated campaign seasons in recent history. In some states, however, it is already too late to register to vote in the 2020 primary elections.
It’s no secret that America’s voting system is flawed. Voter registration systems and deadlines are often difficult to understand–or to find in the first place. Most states offer voter registration systems by mail, in person, or online, and a small minority offer registration on Election Day with the right materials.
WOMEN’S FUNDING NETWORK BOARD OF DIRECTORS ANNOUNCES LEADERSHIP TRANSITION
San Francisco, Calif. ― After six years at the helm of one of the oldest women’s philanthropy organizations in the world, Cynthia Nimmo will be stepping down from her role as President and CEO of the Women’s Funding Network (WFN), effective Feb. 17, Julie Castro Abrams, Governance Chair of the organization’s Board of Directors announced today.
“I am so proud of what we have accomplished at WFN,” Nimmo said. “We are on a strong trajectory for continued growth and expansion. After 13 years with the organization, the last six as President and CEO, I believe that this is the right moment to create space for new leadership to build off of this momentum and take WFN into 2020 and beyond.”
National Network of Abortion Funds and Forward Together Unveil Art Campaign Illustrating Multigenerational Support for Abortion as an Act of Love
On Roe anniversary, new artwork envisions the power of compassionate abortion support because everyone loves someone who had an abortion
As this week marks the 47th anniversary of Roe v. Wade, the National Network of Abortion Funds and Forward Together are launching an art campaign that envisions multigeneration love and support during abortion. Forty-seven years after Roe, and in light of attacks attempting to block abortion access at the state and federal level, it’s apparent that Roe was never a promise to abortion access. The recent wave of attacks on abortion have left community members confused about where and if they can access abortion services. Many people are left facing increased attacks, intimidation at clinics, and stigma from their communities for accessing the care that they need—all pushing abortion access even further out of reach.
Burlington High School Soccer Players Score First Youth-Led Fund at Vermont Community Foundation
Members of the Burlington High School girls’ varsity soccer team have collaborated with the Vermont Women’s Fund to open the first youth-led donor advised fund at the Vermont Community Foundation. The young players’ new #EqualPay Fund will increase access for girls to soccer programs and accelerate progress to close the wage gap in Vermont—where, on average, women earn 84 cents to every dollar earned by men.
Initially, the project started as a local fundraiser selling #EqualPay jerseys to support the Greater Burlington Girls Soccer League (GBGSL). The soccer players wanted to emulate their heroes on the U.S. Women’s National Team and amplify their #EqualPay message. The young players sought out logistical and strategic support from Change The Story VT, an initiative fueled by the Vermont Women’s Fund, Vermont Commission on Women, and Vermont Works for Women that is committed to fast-tracking women’s economic security to benefit women, their families, and the Vermont economy. Change The Story helped source and produce the special-label jerseys similar to the USWNT uniforms and advised the team on fundraising strategy.
Today, we want to believe we are so connected and empowered as women, and yet, Jennifer Schlecht was not connected enough to be protected from the brutal murder of herself and her precious daughter at the hands of her husband. We got many times the average number of page views for this post. Ariel Dougherty did an excellent job of combining resources and analysis in the piece, but the fact that it got so many page views also suggests that this story was vastly under-reported in the mainstream news. While I’m proud to hold up the banner and call attention to this terrible domestic violence tragedy, I also urge other publishers and news outlets to take up the discussion of domestic violence by publishing articles about victims like Jennifer Schlecht, so that we can find more solutions that address violence against women.
This post also got a much higher number of page views than most of our posts. It seemed to hit a nerve, with several commenters dissenting from my opinion that MacKenzie Bezos may have deserved more. It’s an important question that needs further exploration from funders: how to ensure that women are adequately compensated in divorce. The Bezos divorce could have produced billions and billions more for philanthropy, had the financial settlement been a more 50/50 arrangement. In any case, it got people talking, and paying attention to, the philanthropy of MacKenzie Bezos.
With women’s reproductive rights being stolen away in parts of the country, it was heartening to report on Rhode Island’s successful passage of protections for access to reproductive health care. We hope this article provides a template that other states can consider as they find ways to protect a woman’s right to choose.
The lack of women in media was a major topic this past year, with films including This Changes Everything showcasing the data that proves that women continue to lack employment in and coverage by all forms of media. Laura Dorwart’s piece on The Women’s Media Center’s research and its ongoing fight to call attention to this problem did its job: it got seen by lots of eyeballs, and hopefully added to the momentum to actually do something about this problem.
This piece on Paypal’s research on women’s giving patterns also had a very high page view rate, with lots of shares on social media as well. People are drawn to knowing more about the curious fact that women have less to give, and yet manage to give more than men. Bottom line: more research like this needs to happen, so we can begin to understand the way that gender and philanthropy relate to each other and influence social change.
One of the most important conferences this past year was WFN’s September conference in San Francisco. So many amazing leaders attended, and the speakers and workshops provided for a deep and purposeful convergence of women givers and their allies.
Women Moving Millions continues to show itself as an organization with great passion for moving the needle on gender equality. This interview by our Senior Writer Maggie May with WMM’s new Executive Director, Sarah Haacke Byrd, helps to drill down on how this network is refashioning itself to train a cadre of feminist givers who know the strategies for high impact.
Another post that saw a high rate of page views was our piece on the Culture Change Fund, spearheaded by the Women’s Foundation of California. This cross-sector collaboration of corporate, private, and public foundations was a story of great interest to our readers, many of whom are working at different levels to build stakeholder alliances for gender equality movements.