While some feminist thought leaders such as Chief Executive of Women’s World Banking of Ghana, Charlotte Baidoo, are calling on microfinance institutions to do more when it comes to lending to women, Root Capital is beginning a new partnership with the Australian Government to do just that.
Root Capital will partner with the Australian Government’s program, Investing in Women, to deploy $2 million AUD (approximately $1.49 million U.S. dollars) in a ten-year program to support women business owners in South East Asia. As a partner of Investing in Women, Root Capital plans to bring in private sector co-investments for women’s small and medium-sized agricultural businesses in Indonesia, the Philippines, and Vietnam.
The NoVo Foundation is one of the largest private foundations to advocate for gender equality and has specifically focused much of its funding on reducing violence against girls and women globally. In their most recent initiative, the Radical Hope Fund, the foundation donated $34 million in grants to 19 different organizations around the world.
The Radical Hope Fund began as a response to the 2016 election. Seeing the increase in attacks on women and girls as well as LGBTQ populations, immigrants, people of color, and refugees, the foundation felt compelled to take action in a new, bolder way. Thus, the Radical Hope Fund was born, initially pledging to donate $20 million to selected grantees, but eventually deciding to deepen that commitment to $34 million.
When I told my husband I was going to a three-day retreat on gender reconciliation, he was genuinely excited for me, but he couldn’t help getting in a sarcastic reference to cliché. “Are you going to hold hands and sing kumbaya?” he asked.
I thought for a moment, and then my eyes lit up. “I think so!” I said.
The Gender Equity and Reconciliation International (GERI) retreat held in Framingham, MA did indeed involve some hand-holding and song-singing. But it also did much more, traveling into a realm of meaningful communication and understanding where I have never been before.
Take it from Phaidra Knight, retired professional rugby player, who speaks in the above video about the value of funding initiatives like Sports 4 Life:”It really doesn’t matter your speed, your size, it’s just what you bring, your unique self, to the game,” said Knight. She went on to emphasize that with sports, young people have the opportunity become part of a team, which can lead to personal growth and improved self-confidence. “I think it’s so important, especially that girls from disadvantaged backgrounds have that opportunity. That is sometimes their ticket and access to greater things across the board.”
The Sports 4 Life Initiative is particularly aimed at increasing and retaining African-American and Hispanic girls in youth sports programs. Sports 4 Life was cofounded by the Women’s Sports Foundation and espnW in 2014. This year, the Ralph C. Wilson, Jr. Foundation also joined the initiative, providing regional support to eight organizations in Southeast Michigan and Western New York.
Finding new ways for women to be safe in the community is still a high priority for feminist philanthropists everywhere. Now, with a new competition funded by Anu and Naveen Jain, more tools will be available for women to access emergency response.
The Anu and Naveen Jain Women’s Safety XPRIZE recently announced the winner of its $1 million competition: an Indian company called Leaf Wearables, which created a new device for triggering emergency response. The low-cost device, called SAFER, is aimed at making as many as one billion families safer.
Yes, it’s today. Yes, it’s now. Today is Rhode Island’s first statewide giving day, and an opportunity to support your favorite community causes. More than 90 organizations in Rhode Island are participating in this new philanthropy event.
Here is a note from Kelly Nevins, Executive Director of Women’s Fund of Rhode Island, discussing why today is a great day to support WFRI.
Engaging Men as Allies; Women Fighting All Forms of Discrimination; Negotiation Skills Workshops; Gender Equity in the Workplace and in Sports; Public hearings on reproductive health/freedom, fair pay and increased minimum wages... these are the issues and activities that the Women's Fund of Rhode Island (WFRI) has tackled in the first half of 2018, through the support of volunteers and donors like you.
What will WFRI do for the next half of 2018? Let's start by celebrating Rhode Island Gives Day together! Join us today with a gift of any size to ride the wave of philanthropy and advance gender equity in Rhode Island. Make your RI Gives Day Gift here or contact us at 401-262-5657.
Your gift today will advance gender equity by funding research on the Status of Working Women of Color in RI, support policy and advocacy through programs like our upcoming Gubernatorial Forum, and fund grants that level the playing field for women and girls. Your dollars will also be used to support additional salary negotiation workshops, address intersectionality in feminism and ignite the fire of young women interested in advocacy.
In other exciting news from WFRI, the women’s fund has also appointed four new board members. From the press release:
Funders for social progress appear to be increasingly recognizing the intersection of women’s rights and climate change. For example, the million dollar Roddenberry Prize, recently discussed on Philanthropy Women, seeks to support organizations with new solutions to both gender inequality and climate change. Additionally, substantial research, such as this recent issue of Gender and Development, highlights how environmental issues are closely related to gender equality problems.
Here’s where Rachel’s Network comes in. One of the most significant funding networks in the ecofeminist space, Rachel’s Network has a mission of promoting women as the leading strategists in addressing environmental issues and climate change. Rachel’s Network is made up of female advocates for environmental justice and women’s empowerment, many of whom work in major environmental organizations across the globe. These women annually donate about $60 million to organizations and projects that are helping our planet and addressing gender inequality.
A novel about a feminist foundation is incredibly rare. A novel about a feminist foundation that is both compelling and reifying is even rarer still. I think it’s safe to say that The Female Persuasion by Meg Wolitzer is the first of its kind: an adventure and social critique novel about feminist philanthropy.
At one point Faith Frank, the central feminist in the story, talks wearily about how saying the words “feminist foundation” usually causes most people to stop listening immediately. But as many of us know, some of the most important and fascinating work is happening in the gender equality funding sector. The Female Persuasion helps to elucidate this strange and powerful world where money and idealism collide.
While there has been a recent rise in the number of women running for offices across the United States, the journey towards gender equality in politics is not moving fast enough. Statistics shown in a recent paper written by Saskia Brechenmacher, an associate fellow in Carnegie’s Democracy and Rule of Law Program, prove that gender equality in politics is still far from reach, yet many European countries have come significantly closer to this goal. Brechenmacher’s paper provides research about the efforts of such countries and identified moves the United States can make to reach gender equality sooner.
These are exciting times we live in, as record numbers of women run for political office all over the country. And, of course, there have already been some fabulous victories in the last few weeks including, but not limited to Stacey Abrams and Jacky Rosen (from this former temple president to another, brava!)
But those candidates are just the tip of the iceberg. There are so many other interesting women running in important races that don’t get as much press. For instance, Deidre DeJear is running for Secretary of State in Iowa and Veronica Escobar running for Congress in Texas. These are amazing women running in tough places for important positions.