Finance Expert: Minimize Charity. Maximize Gender Lens Investing


Editor’s Note: This article was originally published on November 10, 2019.

Tracy Gray has something important to tell women about their philanthropy: do less of it. It’s not the usual message that donors get from the world, and it’s not the usual message here at Philanthropy Women, either. But the context of this message comes from Gray’s conviction that the quicker we grow women’s wealth through gender lens investing, the quicker we will move toward a better society.

Tracy Gray is the Founder of the 22 Fund, a growth equity investment firm that seeks to create more quality employment opportunities for women and people of color. (Photo credit: anitab.org)

“Take some of your money out of charity and put it into women-owned or women-led businesses,” Gray advised women donors, in a recent phone chat with Philanthropy Women.

Read More

RI Democratic Party Seeks to Muzzle Women: Sign the Petition!

Editor’s Note: The following call to action comes from the Chair of the Rhode Island Women’s Caucus, an activist network that spearheaded Rhode Island’s landmark 2019 legislation protecting reproductive rights.

Early last week, the Rhode Democratic State Party released changes to their bylaws that would severely inhibit the Rhode Island Democratic Party Women’s Caucus. Our official statement on the proposed changes can be found here, but in summary the Caucus would not be allowed to speak, raise funds, organize or participate in democracy in any meaningful way.

Elizabeth Gledhill, Rhode Island Women’s Democratic Caucus Chair, urges women activists to support the Caucus as they fight against new legislation that would restrict their ability to fundraise and advocate independently. (Photo credit: Elizabeth Gledhill)

We are the branch of our state’s Democratic Party specifically working to engage, recruit, train, and support women candidates. Our members fill the halls of the State House in support of legislation critical to the vitality of Rhode Island women and hundreds of our volunteers canvass neighborhoods in support of women candidates each election cycle. We have demonstrated our ability to mobilize and elect democratic women and their allies. Yet, the party leadership distances itself from us at every opportunity.

Read More