Help us meet our goal of raising $50,000

Monday, June 29, 2009

Giving by and for women increases since 1990

According to a Foundation Center and Women's Funding Network study, charitable giving by and for women has increased significantly since 1990. In fact, "... funding for women and girls by the broader foundation community has grown at a faster rate than foundation giving on the whole, although as a share of overall foundation giving, it has remained below 7.5 percent for over a decade-and-a-half. Giving by women's funds in particular has grown even more rapidly."

The study concurs with countless international studies that illustrate social change can be accelerated by investing in women and women-led organizations.

"Private and community foundations throughout the U.S. awarded almost $2.1 billion in 2006 for activities benefiting women and children, up from about $412 million in 1990, says the report from the Foundation Center and the Women's Funding Network. That's an increase of 223 percent, after adjusting for inflation, compared to growth of 177 percent for overall foundation giving" (The Foundation Center).

To read the complete study, visit the Foundation Center Website. Or, for a quick article, visit the Philanthropy Journal's Website.

No comments: