Do you ever wonder what motivates someone to give money? Obviously, the answer is “yes” if you’re a professional fundraiser. But those who give may also wonder what’s really causing them to reach for that checkbook.
Research from the Women’s Philanthropy Institute sheds light on this area, particularly as it pertains to women at every level of society. Now, WPI has released a study showing for the first time that women are motivated by personal experience to give to causes that benefit women and girls specifically.
Sounds like a no-brainer, right? Well, it’s actually significant, useful information. Women’s tendency to donate money to specific causes based on experiences like having a child or discrimination suggests that philanthropy might take off in new directions as women become primary asset-holders in society and further increase their giving.
Editor’s Note: The following post is from Jacki Zehner.
On January 29th, 2009, a mere nine days after being sworn in as the 44th President of the United States, Barack Obama signed into law the Lilly Ledbetter Fair Pay Act. It was his first piece of legislation as President, and it set the stage for a presidency that has been visibly committed to equal rights for men and women.
Since that historic day over seven years ago, Obama has reauthorized the Violence Against Women Act, signed into law the Affordable Care Act, created the Task Force to Protect Students from Sexual Assault and the White House Council on Women and Girls, issued an executive order that mandated federal contractors to publish pay data according to gender and race in order to combat the wage gap, and this May, the White House will host The United State of Women, a three day summit in Washington DC that will tackle gender inequality across a range of issues, including education, health, leadership, and economic empowerment.
Like many who follow philanthropy, I pay attention to the Rockefellers. No family has done more to shape modern giving over the past century. But what are the Rockefellers doing these days to change the world? Having a chance to talk to Neva Rockefeller Goodwin gave me a window into what the Rockefellers are doing these days.
For one thing, as most of us have heard, the Rockefeller Brothers Fund took the major step not long ago of divesting from fossil fuels—a move that received enormous attention, given that the family’s wealth is famously derived from Standard Oil. Less well known is that the Rockefeller Family Fund is also divesting.
One member of the Rockefeller clan deeply involved in these issues is Neva Rockefeller Goodwin, a fourth-generation Rockefeller who previously served as a trustee and vice chair of the Rockefeller Brothers Fund. She is also President of the Mount Desert Land and Garden Preserve in Maine.
Here’s the story of how Emily Nielsen Jones and her husband, Ross Jones, discovered their niche of integrating a gender focus into their faith-inspired philanthropy. The Boston-based couple once funded Christian Union, an Ivy League campus ministry, to launch a new branch at their alma mater, Dartmouth College. They were impressed with the organization at first because of its interest in mobilizing students to engage in combating human trafficking.
But as Jones got closer to the organization and started asking gender-related questions, she uncovered that within its own organization, the Christian Union promotes what it calls a “complementarian” leadership structure, which excludes women from top leadership positions. Once the couple gained more awareness about this policy, which creates gender ceilings for both staff and students, they engaged in a dialogue to encourage Christian Union to reconsider its practices of limiting women in the organization.
This “impact investing debt fund” will address tough urban problems like affordable housing and homelessness, as well as catalyzing overall economic development and reducing poverty in the nation’s urban cores.
This is not the first time that Living Cities has led a collaborative fund to work on economic development in America’s cities. In 2008, the Catalyst Fund was launched by Living Cities using philanthropic capital alongside commercial capital from Living Cities’ members—22 foundations and financial institutions, including Annie E. Casey, Ford, MacArthur, and Surdna, working to “get results for low-income people, faster.”
But what’s really going on here? What’s the impact of women’s leadership in philanthropy in terms of (a) where resources are actually going; and (b) how things are done in the philanthrosphere?
These questions are important to the sector, but they also link up with the larger perennial debate over just how much change occurs when women start calling the shots. Philanthropy offers an intriguing case study in this regard.
Our own impression from IP’s ongoing reporting in this area is that there are good reasons for all the excitement about women’s leadership in philanthropy. In fact, this leadership has mobilized new resources to advance gender equity and does seem to be affecting how philanthropy writ large operates.
Two years ago, we published a list of the 15 most powerful women in U.S. philanthropy. The idea for that article emerged because we were struck by how many women are involved in philanthropy at a high level—and equally struck by how little attention they tend to receive. In particular, while the spouses of billionaires often play a lead role in charting a couple’s giving, the spotlight usually falls on their better-known husbands when major gifts are made. Not only is this unfair, but it misses the real story of how today’s big philanthropy is unfolding as new mega-donors enter the scene—with women in the lead.
Nearly every week at Inside Philanthropy I meet another woman leader who shows me a way that women’s funds and foundations are impacting the philanthropy landscape, and breaking down barriers to equality for women and girls. This week I talked to Roslyn Dawson Thompson, President and CEO of the Dallas Women’s Foundation (now the Texas Women’s Foundation) and the chair of the board of directors of the Women’s Funding Network.
Much of our discussion was about the role of economic security in empowering women. “If women are not able to achieve economic security then it has massive implications for workforce development and the economics of every state and the country overall,” said Thompson.