Philanthropic Giving By and For Women on the Rise, Study Finds
Key findings of the study include:
* The nation's private and community foundations increased their giving for activities targeting women and girls from an estimated $412.1 million in 1990 to nearly $2.1 billion in 2006.
* The over 145 member funds of the Women's Funding Network provide an estimated $60 million a year in grants and leverage millions more through their wider relationships and connections.
* Women's funds take a comprehensive approach to social change, focusing their giving on human rights, health, and economic empowerment.
* In contrast, foundation giving for women and girls is primarily focused on health. Close to half of grant dollars targeted to women and girls support health-related activities.
* Women's funds are guided by the principle that women catalyze and lead the way to change in neighborhoods and communities; 98 percent of the women's funds surveyed indicated that achieving social change was a high priority for their fund.
The report is based on the Foundation Center's annual grants database, which includes all grants of $10,000 or more awarded by over 1,000 larger foundations; summary level fiscal data on 55 women's funds; detailed grants data for 25 of these funds; and a 2008 online survey of women's funds conducted by the Women's Funding Network.
This study was made possible in part by support from The Wallace Foundation. The Foundation Center's Research Institute is funded in part by The Wallace Foundation, which supports and shares effective ideas and practices to help institutions expand learning and enrichment opportunities. To learn more, visit the Knowledge Center at www.wallacefoundation.org.
About the Foundation Center
Established in 1956 and today supported by close to 600 foundations, the Foundation Center is the nation's leading authority on philanthropy, connecting nonprofits and the grantmakers supporting them to tools they can use and information they can trust. The Center maintains the most comprehensive database on U.S. grantmakers and their grants — a robust, accessible knowledge bank for the sector. It also operates research, education, and training programs designed to advance knowledge of philanthropy at every level. Thousands of people visit the Center's web site each day and are served in its five regional library/learning centers and its network of more than 400 funding information centers located in public libraries, community foundations, and educational institutions in every U.S. state and beyond. For more information, please visit foundationcenter.org or call (212) 620-4230.