Latest Releases from the field - September 2018
Below is a list of recently released resources and upcoming events from throughout the philanthropic sector.
Resources from the Field
Recording: On Shakey Ground: Stabilising the Financial Security of Single Women
Asset Funders Network, Closing Women’s Wealth Gap, and Dallas Women’s Foundation presented this webinar presentation on August 1, 2018. The explored the latest data on this gender wealth gap for single women, and opportunities to support the financial health of future generations by stabilizing the financial security of women between 45-65.
Reimagining Children’s Savings Policy to Address the Racial Wealth Divide
Children’s Savings Accounts (CSAs) are a promising way to increase access to higher education and brighter economic prospects. But in their current form, can they address America’s racial wealth divide? In a new paper, we examine how CSAs can be re-configured to fight racial wealth inequity. We also provide original data on the racial breakdown of CSA accountholders.
Let’s stop letting women age out of the workforce worse off than men
Closing the Women's Wealth Gap
This Fast Company article by Closing the Women's Wealth Gap partner Anna Maria Chavez of the National Council on Aging highlights the financial insecurity of American women approaching retirement today. She explains how women face “a trifecta of challenges” compared to men: they’re living longer; have less money saved; and face higher costs, especially for health care. She highlights ways that companies can level the playing field by eliminating the gender pay gap, doing more to nurture and mentor women to move into leadership positions, offering more flexible schedules and remote work opportunities, and helping women to plan for their retirement years.
The Racialized Costs of Banking
This report finds that even in small and community banks - “mainstreet” financial institutions - Black and Latinx customers are paying more for basic checking account services. The study found that opening and maintaining accounts costs more in neighborhoods of color and evidence of bias among tellers who have discretion in allocating costs and fees. It includes a set of recommendations such as more stringent financial system regulations and strong consumer protections.
Exploring Foundation Openness
Colorado Association of Funders
A new report by the Colorado Association of Funders (CAF) shares what it has learned over the past several years in its work around foundation openness. CAF has been convening funders and the nonprofit agencies they support – to encourage dialogue, increase understanding, and build bridges for the good of communities throughout the state. The most important thing they’ve learned in their evaluation: it’s all about the relationships. This work was funded by United Philanthropy Forum through our partnership with the Fund for Shared Insight.
Blogs on Rural Philanthropy
Several recent blogs have discussed the importance of equity and opportunity in regards to philanthropic operations in the rural area in the United States. Each blog takes on a different perspective on rural philanthropy - how it can expand, the myths and the possibilities of impact.
- Behind a Push for New Solutions to the Complex Challenges Facing Rural America - Inside Philanthropy's Philip Rojc discusses Lilly Endowment's support of Indiana University's Center for Rural Engagement.
Thoughts on ‘As the South Grows’ - Philanthropic strategist Allen Smart shares his experiences living and breathing Southern philanthropy.
- Conversion Foundations Can Do More to Advance Advocacy and Structural Change - Allen Smart writes about health conversion foundations in the South and how they are "punching well below their weight class when it comes to funding structural change."
- Rural Funders Urge Philanthropies to Let Communities Lead the Way - Philanthropy consultant Betsey Russell blogs about philanthropies that focus on rural communities.
- Opinion: Philanthropic Funding for Equity Can’t Exclude Rural - Allen Smart blogs about the importance of including rural communities in the pursuit of increasing equity for philanthropic services.
- Myths and Opportunities: What’s Happening in Rural Philanthropy - Inside Philanthropy's Caitlin Reilly blogs about rural philanthropy, the issues that come along with it, and the opportunity for growth.
Also, don't miss the As the South Grows series from Grantmakers for Southern Progress and the National Committee for Responsive Philanthropy (NCRP) that aims to increase the amount and sustainability of funding from local and regional Southern funders, as well as from national funders, that improve the quality of life and increase the power of marginalized communities in the South and are accountable to and informed by these communities.
Events from the Field
GOTV + Election Protection Needs + Opportunities
Funders' Committee for Civic Participation
When: September 10, 3-4 pm ET
Election Day 2018 is just weeks away! This is part two of a two-part funders-only discussion series that is designed to share intelligence on timely, nonpartisan opportunities for philanthropy to help ensure full and fair participation in the democratic process. You will hear from your colleagues on critical gaps as well as exciting opportunities for rapid response funding to be effectively deployed.
Indiana Early Learning Summit for Community Coalitions
Early Learning Indiana
When: October 16
The Indiana Early Learning Summit brings together business, policy, and civic leaders across the state to understand the business case for investment in early childhood.
Indiana Philanthropy Awards Dinner
Association of Fundraising Professionals
When: November 15
Fundraising professionals throughout the state will be celebrating the spirit of giving in November by recognizing philanthropists and the impact of Hoosier philanthropy at the 36th Indiana Philanthropy Awards.
2018 Post-Election Briefing for Grantmakers
Grantmakers Income Security Taskforce and other co-sponsors
When: November 27
Where: Washington, DC
This November, the whole House of Representatives, a third of the Senate, 36 governorships, and many state legislature seats are up for election. The results of this year’s midterm elections will have an enormous impact in shaping the political landscape for years to come. Assessing the new policy and funding environment will be critical as we build compelling and successful agendas for advancing our work to support struggling families, workers and communities.
HEFN Annual Meeting
Health and Environmental Funders Network
When: November 28-30
Where: Pittsburgh, PA
Majorities that would support environmental health and justice goals are activated and mobilized. But majorities do not automatically translate into power for change. Allies and assets are energized, but they are dispersed and focused on many priorities. Funders, donors and philanthropic advisers are invited to explore ideas around which to rally our numbers at HEFN's 2018 Annual Meeting.
2019 Prosperity Indiana Summit
When: January 30, 2019
Where: Indianapolis Marriott East
The 2019 Prosperity Indiana Summit will explore diverse strategies for building individual, organizational and community wealth. Strategies include developing rental and homeownership units, increasing income potential and financial capability of clients, and leveraging programs and partners to remove barriers to economic mobility. These strategies rely on strong organizational practices and collaboration between diverse community players to be successful.