Saturday, July 31, 2010

Challenge or Collaborate

Helen and Swanee Hunt
Women Moving Millions
Warren Buffett and Bill Gates
Billion Dollar Challenge
I've been thinking a great deal about the Gates/Buffet Billionaire Challenge to raise $650 billion from billionaires.  Although I'm surely in favor of more money going to nonprofits and recognize the potential, something bothers me.  It's the same type fundraising as is done in most capital campaigns.  It's all about using competition to get people to give.

This definitely was not the method used by Women Moving Millions.  Now granted, we're talking millions here, not billions.  But you have to start somewhere and look at how successful the women were: by not using competition.  They used connection and collaboration and yes, the rest of the 6 C's of women's giving as well: change, create, commit and now they are celebrating.  The money was raised because of the need, not just because of who asked them to give.  There was no challenge involved unless it was a collaborative one of getting the goal completed (which was done and more).

Again, I don't want to negate the methods being used in the billion dollar campaign as let's face it, most billionaires are men and this is the way men have traditionally raised money--through challenging one another--through competition.

My daughter's significant other brought this home to me recently when he decided that if women could raise $8,000 at a potluck (see the July 26 post), his male friends would do the same.  He said their motive would be that they wouldn't want to have the other men think they couldn't or wouldn't participate.  This is so very different from the way we raised our money.  It was because of the cause: to help women in dire need in the community.

In the last chapter of our new book, "Women and Philanthropy: Boldly Shaping a Better World," we talk about what the world would be like if the ways women give became the ways all people give.  That remains to be seen and I hope I'm around to see the results...when women are the billionaires and making the giving decisions.  Perhaps there won't be a need for challenges because women will already be giving at least 50% of their assets to non-profits.  To be generous and compassionate because they know it's the right thing to do.


Monday, July 26, 2010

mAIDens of Michigan

Today an article appeared in the Traverse City Record Eagle about mAIDens of Michigan and how we just raised $8,000 at a potluck for women.  Shown here in the photo is my dear friend, Brenda Biederman, and me holding our food in her kitchen.


Brenda founded mAIDens in 2008 sending out invitations to her "girlfriends" to come to her house, and bring a dish to pass as well as a personal donation.

I had heard about a woman in Washington DC that had her friends come for a potluck dinner once a month and contribute what it would cost them to go out to a nice dinner to support local women in need.  I told Brenda about it and she said, "We can do that here." And so, after four potlucks, we have raised $27,000.

We contact local human service organizations to get stories of women who need some help that will make a positive change in their lives.  Two particularly gratifying stories are two women who needed restorative dental work.  Through grants from mAIDens, they both received a full set of teeth and gained the confidence to secure full time work.

A small committee receives the applications and grants all the money until the next potluck where the stories of whom we have helped are shared.

My daughter-in-law was here from Atlanta over the weekend and when she saw the article she said she could do the same thing back home.  In fact, we hope others will feel the same way and we'll eventually have mAIDens for Michigan all over the state.

Thursday, July 15, 2010

Women's Corporate Influence

As reported in research from the Center on Philanthropy, women are a strong influence on couple giving.  Would Bill Gates have given as much without Melinda, he says probably not and it wouldn’t be as much fun.

Taking this concept a step further, what role can women play in corporate giving and investment?  If women used their influence, what dollars could be unlocked to be given and invested.  Not only women who are in positions of power within the companies and on their boards, but spouses of the men who serve in those positions.

I recently read Fareed Zakaria’s column and Jon Meachem’s editorial in Newsweek.  They suggested that the private sector could unleash a corporate stimulus similar to the government’s stimulus package.  They threw out a challenge.  “The Federal Reserve recently reported that America’s 500 largest nonfinancial companies have accumulated an astonishing $1.8 trillion of cash on their balance sheets.  By any calculation (for example, as a percentage of assets, this is higher than it has been in almost half a century.  And yet, most corporations are not spending this money on new plants, equipment or workers…[Such] investments would likely have greater effect and staying power than a government stimulus.”

We know that despite some inroads, most corporate CEO’s are males, as are a majority of the board members of the largest corporations.  All of whom most likely have spouses.  What if these spouses were to suggest that the corporations give more to charity and invest more in the future of America?  Would women have the same kind of influence on corporate giving as they do on the couple’s individual giving?  Maybe not but perhaps we should try.  Try being bold not only in family giving but in influencing corporate giving and investment through our husband's positions.  Just a thought.

Thursday, July 8, 2010

Women are Making Household Philanthropic Decisions and Maintaining Giving in the US

Although overall philanthropic giving was down in 2009, it was not as drastic as during the 1974 recession, according to the Giving USA Foundation, chaired by Edith Falk, and the Center on Philanthropy at Indiana University.

The study authors at the Center theorize that charitable giving is in a stronger position now than it was three decades ago and average household giving has increased because:

“The fundraising profession has matured and expanded with greater numbers of people being solicited, and women—who make most philanthropic decisions and who are likely to give more than men with similar incomes—now represent 50 percent of the labor force, providing them with more control of their own resources.”

You can read Giving USA’s press release which provides a three-page overview of the study at Giving USA.

Sunday, June 27, 2010

Philanthropy and Town&Country Magazine

I am hoping the July issue of Town&Country all about philanthropy won't be the last issue concerning this important subject.  With Pamela Fiori leaving the position of editor in chief, I worry about that happening as she was the impetus eight years ago to have an annual philanthropy issue.  And this July issue is so thin and without all the ads we've come to expect, unless the companies whose products are featured because they contribute to causes, paid for being included.

Was this issue so slender because T&C was feeling charitable and didn't include the usual gems and gowns? Was it because the advertising staff couldn't or didn't do their job? Or is this the end of what everyone I know always waits for; T&C's annual philanthropy issue.  Let's hope that this wonderful affirmation of the importance of philanthropy lives on through a continuous issue devoted to giving.

There were so many inspiring stories of women and men and their causes that it is hard to pick out any in particular, but some of the women that I was particularly taken with were:

Young Audiences of New York (I recall beginning a chapter of Young Audiences in Traverse City and so glad to see the program is still viable) and Kim Greenberg, chair of the board of directors.

Studio in a School founded by Agnes Gund.

Rachel's Network founded by Winsome McIntosh.  I am proud to say that the Women's Philanthropy Institute did some consulting with this group several years ago.

Hope in Bloom founded by Roberta Dehman Herson.  I can't help but think this idea could be something we all could do.

Elevate Destinations created by Dominique Callimanopulos.  The idea of "donor travel" is so appealing to us all.

Jena Gardner and her Traveler's Collection that aids women artisans.

Lauren Bush's Feed Projects and her stylish feed bags.

Donna Karan's Urban Zen.  I recently read that her favorite C's are compassion, care, cashmere, candles and cotton while our favorite C's of women's giving are: create, change, commit, connect, collaborate, and celebrate.

And finally, my friend and colleague, Joanna Krotz who always writes for T&C's philanthropy issue interview with Sheryl WuDunn, coauthor of Half the Sky.

Friday, June 25, 2010

Bolder Giving Challenges

Years ago I spoke with the late Claude Rosenberg on a rainy, cold day in San Francisco.  Claude’s 1994 book, Wealthy and Wise: How You and America Can Get the Most Out of Your Giving, advocated giving from assets and how doing so would double the amount of philanthropy annually.  Those were extraordinary ideas and some even felt outrageous.  But I was struck by his ideas of challenging millionaires to give more and deeply humbled to be in his presence, which lives on through his organization, the New Tithing Group.  

When I saw the Buffet Gates Billionaire Challenge, I was reminded of Claude (shown here with  children in a childcare school he created).  After pulling out his book, I had totally forgotten that he inscribed it to me and written, “To Sondra Shaw-Hardy with great respect for what you are doing (and have done) for Women in Philanthropy.  Warmest regards, Claude.  1-12-98.”   I was so touched to reread this.

Now, some 14 years later, the Buffet Gates Billionaire Challenge takes off from where Claude began, only with billionaires this time rather than millionaires (think how much money has been generated in those 14 years to take this kind of leap--from millionaire to billionaire).  As thrilling as this is, what  Anne and Christopher Ellinger are doing with their Bolder Giving Challenge is even more exciting.  They have a challenge for everyone, not just billionaires or millionaires.  But for all of us. 

By signing the Bolder Giving Challenge, you pledge to explore ways to become bolder in your giving, give more (could be time as well as money), more effectively, become more fulfilled as a giver, and encourage others to give. 

I’ve signed up as number 124 and plan to be one of the 500 Bolder Givers by July 15.  I encourage you to do so as well by going to www.boldergiving.org.  How wonderful to see Claude’s ideas live on through women like Melinda Gates and Anne Ellinger.

Sunday, June 13, 2010

Foundations and Diversity: Glass Pockets

Those of us who have been promoting women and philanthropy for so many years are keenly aware of the part that diversity has played in increasing our numbers as givers and as leaders.

Today, the Chronicle of Philanthropy published a column by Dr. Emmett D. Carson, the respected chief executive officer of Silicon Valley Community Foundation, in Mountain View, California .  

I first met Dr. Carson several years ago when he was a speaker at a conference I attended and was thrilled to hear him point out the need to bring diversity to the attention of the philanthropic world.

His column addresses a new Florida law that prohibits the State of Florida or local governments from requiring foundations to disclose certain demographic data about board and staff members, as well as grantees, without the written permission of those involved.  The law also prohibits the state from requiring a diverse board or requiring a foundation to make grants based on demographic information.  The demographic data covered by the new law include "race, religion, gender, national origin, socioeconomic status, ethnicity, disability, marital status, sexual orientation, and political-party registration of its employees, officers, directors, trustees, members, or owners."

In his column, Dr. Carson says, "During the McCarthy-era hearings, the chair of the Carnegie Corporation of New York said, “"We think that the foundation should have glass pockets."”

He goes on to say, “In the years since, foundations have largely embraced the values of diversity, accountability, and openness as a way of recognizing and protecting the enormous freedom and flexibility that foundations enjoy to do their work.”  But the new Florida law does just the opposite.  It not only raises questions about the values foundations have but it also could have significant limits on tax deductions of donors.

While Dr. Carson concurs that government should not decide who sits on boards and receives grants, he points out that, “the idea that government is prohibited from requesting diversity data …undermines the promise that foundations have made to the American public that they are committed to diversity, inclusiveness, accountability, and transparency in their operations.”

Dr. Carson concludes by cautioning, “the Florida law is likely to create a state-by-state battleground that will lead to the need for a federal law.  If we do not forcefully respond to this challenge, we should not be surprised when there are Congressional hearings and our claims of “glass pockets” fall on deaf ears.”

For a complete reading of the article, go to: http://philanthropy.com/article/Opinion-Florida-Law-Makes-It/65856/?sid=&utm_source=&utm_medium=en