Good news for progressive women’s organizations in and around New York City, as the New York Women’s Foundation today announced that they made an additional $4.21 million in grants in 2017, bringing the total for their grantmaking in 2017 to $8 million, the largest amount ever given out by the foundation in a single year.
Recipients of the grants span a wide range of issue areas related to women’s health and well-being. Grants are provided through a model of grantmaking that is achieves added impact by using community engagement, advocacy, and networking to produce significant social change.
The Foundation also provided an additional $2,525,000 from The NYC Fund for Girls and Young Women of Color to 41 “emerging groups” — groups that are working to build the leadership and influence of young women, transgender people, and gender non-conforming youth of color.
The grantmaking of the New York Women’s Foundation is part of a growing trend in philanthropy called participatory grantmaking — a process of involving grantees in the grantmaking process and bringing grantees onto foundation boards, as a way to make the funding more impactful. There’s a lot of attention going toward participatory grantmaking right now in philanthropy, with Helen LaKelly Hunt writing a piece in the Center for Effective Philanthropy’s blog recently about women’s funds and the origins of participatory grantmaking. Well-known philanthropy expert Marc Gunther also recently covered the movement in his blog, Nonprofit Chronicles, emphasizing that participatory grantmaking “fits this political moment.” In addition, other larger grantmaking is happening in this space with grantmakers like Wikimedia Foundation increasing the amount of participatory grantmaking happening in recent years.
The New York Women’s Foundation emphasizes the participatory grantmaking strategy particularly in its grantmaking for young women and girls of color, stating that it provides support to this constituency “on their own terms and in their own voice.”
More news on the New York Women’s Foundation is available on their website.