An esteemed group of female leaders in the space of women’s philanthropy discuss how we can create social change and a more equitable world through philanthropy – especially during these turbulent and transformative times.
How do you see the role of women’s philanthropy as a positive force of aid and change in the wake of the pandemic? What are the immediate needs and priorities and how do you balance them with your long term goals?
In a recent Women Moving Millions membership survey, 75% of our respondents said they plan to increase their giving over the next five years. This isn’t a coincidence. The gendered impacts of the current crisis are on full display. Economic insecurity, violence and lack of adequate health care, magnified by the crisis, could reverse the progress we’ve made in the fight for gender equality. With the unemployment rate for women at 15.
Women currently control $72 trillion, a greater amount of wealth than ever before. Seventy percent of women are set to inherit the majority of the $41 trillion in intergenerational wealth transfer expected in the next 40 years. This unprecedented wealth presents an unprecedented opportunity. The potential will come from understanding this power and using it strategically.
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