Image via WikipediaHere's an interesting NYTimes article about women and philanthropy. We're talking big money here. And, it's about time!
The Power of the Purse by Lisa Belkin
In general, women give differently than men. They are less likely to want their names on things and more likely to give as part of drives (large ones, like Women Moving Millions, and smaller ones, like living-room “giving circles”) that include other women. And they tend to spotlight different causes (women’s health, microfinancing of businesses owned by women) and for different reasons. A study of more than 10,000 large donors by the Center on Philanthropy at Indiana University suggests that while men describe their giving as practical — filling in the gaps that government can’t or won’t — women describe theirs as emotional, an obligation to help those with less.
Behind all this giving lies the theory that helping women and children is the way to change the planet. “Seventy percent of people living in poverty around the world are women and children,” says Christine Grumm, president and C.E.O. of the Women’s Funding Network. “If women have a roof over their heads and a home free of violence, and good and affordable health care, then so do children. In the larger picture, it’s not just about women, but entire communities. Women are the conduits through which change is made.”