Dr. Cheryl Saban Forms Women's Self Worth Foundation, Pledges $10 Million to Aid Women's Causes and Organizations
Like the Women's Self Worth Foundation, the Women's Funding Network and each of its member funds, along with ACCION Chicago and ACCION USA, are charitable organizations that support women's solutions and leadership to effect change.
ACCION USA is a private non-profit organization that offers small business loans of up to $50,000 and financial education to small business owners in the U.S. Since 1991, ACCION USA has provided over $114 million in microloans to small business owners who are not able to obtain traditional loans. Through these small businesses, jobs are created, communities are developed and individual business owners, many of them women, are able to live the American Dream.
The Women's Funding Network is a global network and movement for social justice. Its mission is to accelerate women's leadership and invest in solving critical issues from poverty to global security - by bringing together the financial power, influence and voices of women's funds. The Network represents 135 member funds on six continents. Its member funds, the New York Women's Foundation, the Chicago Foundation for Women, the Atlanta Women's Foundation, and the Women's Fund of Miami-Dade, are all recipients of the Women's Self Worth Foundation gift.
"Through her literary work and charitable contributions, Dr. Saban has reinforced the prominent role that women play in today's world," said Gina Harman, president and CEO of ACCION USA. "On behalf of ACCION USA and the women entrepreneurs who will benefit from her support, I applaud Dr. Saban for her commitment to empowering women and girls."
Chris Grumm, the President and CEO of the Women's Funding Network, commented, "By acting as such a dedicated champion for women's empowerment, Dr. Saban is leading the way for a growing community of smart and thoughtful donors. We celebrate the commitment that she has shown to the personal and economic empowerment of women, which is essential for rebuilding local and national economies during this current time of crisis."