Editor’s Note: This interview was originally published in July, 2017.
I have spent the past few years observing, writing about, and getting more involved in the world of women’s philanthropy. During that time, multiple experts have referred to the work of Kimberlé Crenshaw as being essential to the changes we now see going on in philanthropy, with more efforts to apply both a gender and race lens when framing problems and funding new strategies.
Indeed, with her scholarship, advocacy, and legal expertise, Crenshaw has helped build and disseminate whole new areas of knowledge including critical race theory and intersectional theory. These concepts have helped philanthropists like Peter Buffett and organizations like the NoVo Foundation apply an inclusive gender and race lens that values and addresses the needs of women and girls of color in the United States.
Editor’s Note: The following announcement is from Olivia Leland, founder of Co-Impact, and the Co-Impact team.
Dear Friends, Colleagues, and Partners,
As we begin the Generation Equality Forum, a key moment and platform to lay out joint agendas and commitments to action around gender equality, we have a chance to do something truly transformative – to be catalytic to a degree not previously possible and to re-imagine a world that serves all people equally.
That is why I am so excited to write to you today to announce the development of Co-Impact’s second fund – the Gender Fund – which seeks to raise and grant US $1 billion over the next decade to accelerate progress towards gender equality and advance women’s leadership.
The Ascend Fund has committed $540K to nonpartisan nonprofits in Michigan, Mississippi, and Washington working to advance women in politics.
The Ascend Fund, a collaborative fund dedicated to accelerating the pace of change toward gender parity in U.S. politics, announced $540,000 in available grant funding to nonpartisan, nonprofit organizations in Michigan, Mississippi, and Washington state to increase the number of women serving in the states’ legislatures.
“Critical policy decisions are made by state legislators. By investing in women, we are not just creating a more reflective democracy, we are investing in the health and stability of our political institutions,” said Abbie Hodgson, Director of The Ascend Fund. Women are more than half the population, but less than one-third of elected officials. At the current rate of change, women won’t reach political parity in the U.S. for nearly 100 years. To accelerate the rate of change, organizations selected to participate in this two-year, three-state pilot will receive up to $100,000 in funding to:
The Black Girl Freedom Fund has announced the six organizations that will be receiving grants ranging from $50K to $100K.
The Black Girl Freedom Fund, an initiative of Grantmakers for Girls of Color, announced its first grant recipients. The grantmaking was guided by an advisory committee of seven Black girls and Black gender-expansive youth between the ages of 13-17 years old.
The Black Girl Freedom Fund is focusing its first round of grants for Black-girls serving organizations that address safety and wellbeing of Black girls. Along with the fund, the #1Billion4BlackGirls campaign aims to mobilize $1 billion for Black girls and young women over the next 10 years. The campaign has mobilized $17 million since it was first launched in September.
Synchrony has announced its commitment of $15 million to venture capital funds prioritizing the support of women of color.
Synchrony, a premier consumer financial services company, today announced it will commit $15 million to venture capital funds led by Black, Latinx, and female investing partners. The first funds selected to receive money include Chingona Ventures, Seae Ventures, and Zeal Capital Partners – they support early stage startups across the fintech, healthcare, and future of work sectors. Additional funds may be included at a later date. The move builds on Synchrony’s commitment to support minority and women entrepreneurs and underrepresented communities, while also advancing Synchrony Ventures’ direct investment strategy to accelerate growth and innovation for Synchrony, its partners, and consumers.
Rachel’s Network just announced the 2021 award cycle of its initiative honoring women of color fighting for the environment: The Rachel’s Network Catalyst Award recognizes women of color across the country who are leveraging their activism for environmental impact.
With applications and nominations due by June 17th, now is the ideal time to make your voice heard in the world of eco-activism.
Winners of the Rachel’s Network Catalyst Award receive a $10,000 prize, networking opportunities with the full network, and public recognition within the environmental, philanthropic, and women’s leadership communities.
On Thursday, May 20th, the Philanthropy Women staff teamed up with Roslyn Dawson Thompson and Rehana Nathoo to discuss the importance of gender lens investing: what it is, how it works, and why we should focus our efforts on it.
Guests Rehana Nathoo, Founder and CEO of Spectrum Impact, and Roslyn Dawson Thompson, President and CEO of Texas Women’s Foundation, discussed gender-lens investing with Philanthropy Women’s Editor-in-Chief, Kiersten Marek.
The conversation opened with a welcome to the day’s speakers and attendees, as well as a general thanks to Invest for Better for facilitating our conversation with Rehana and Roslyn. Citing the male-dominated nature of finance and corporate life, Kiersten shared her experiences in investing in a gender lens Exchange Traded Fund (EFT) called SHE.
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.