News and Views of Note: Week of May 14, 2007

See below for a round-up of what was news this week in the world of philanthropy, social change and women and girls in the Washington metropolitan region and beyond:

This month is Asian Pacific American Heritage Month.  In celebration, Feministing has invited API women to offer their voices to the blog. 

Among them this week, Kiran Ahuja, executive director of the National Asian Pacific American Women’s Forum, reflected on being a young leader.  She writes, "That I am one of the youngest leaders in the national women’s movement is telling and highlights a serious challenge for the movement – where and when do we make room for new, young and diverse leaders, and when do we see that the inclusion of them determines the success of our movement?" 

Liezl Tomas Rebugio, also of NAPAWF, writes in "Connecting the Dots: Human Trafficking and Reproductive Justice," "The trafficking of women and girls is the quintessential example of reproductive oppression. ‘Get your laws off my body’ was a slogan used in the 1970’s during the women’s movement. But how does that apply to trafficked women and girls whose bodies are not treated as their own, but are treated as commodities?"

The Women’s Foundation in the News!

A May 11, 2007 Washington Times editorial, "Lasting security a Mother’s Day wish for many," by Adrienne Washington, advocates thinking in terms of long-term investments in women’s economic security for Mother’s Day, and not just in terms of long-stemmed roses–and she discusses Stepping Stones and Training Futures, a Grantee Partner, as examples of how to do just that!  

Stepping Stones Research Briefing Related News!
On May 11, 2007, The Women’s Foundation, in partnership with The Urban Institute, hosted the second annual Stepping Stones Research Briefing, featuring research on financial education and wealth creation, child care and early education and microenterprise development–with each topic examined from a gender lens.  To download the audio, or to check out the panelists’ presentations, click here!

Peter Tatian, a senior research associate with The Urban Institute, was quoted shortly thereafter in an article in the Examiner on subprime mortgages in our region, and their impact on increasing rates of foreclosures.  This topic was also explored at the briefing through Meghan Gallagher’s presentation, "Female Borrowers in the Washington Mortgage Market" and on The Huffington Post, where Jon Goldin-Dubois discussed how mortgage foreclosures are skyrocketing due to increasing sub-prime lending and a lack of regulation by the government.

Local Philanthropy and Activism

The Washington Post reports on more than 90,000 people–primarily women and mothers–throughout 37 states and Washington, D.C. who are "Pushing the Motherhood Cause," by meeting to mobilize around "six main issues: family leave, flex time, health insurance, child care, fair wages and children’s activities, such as better after-school programs. Their proposals are not new, but together they create a ‘motherhood’ agenda that has attracted a fresh enthusiasm."   

Women and Health and Safety
Health and safety is the focus of this year’s Leadership Awards Program and an issue area under Stepping Stones. See below for research and discussion that informs and impacts the health and safety of women and girls on a local and national level.

On Feministing, Jessica asks whether "Women-only hotel rooms"–designed to increase safety for women in hotels–are really a valid safety tactic, or whether it’s just a way of separating women instead of trying to improve the world they live in?  She asked a similar question about Brazil’s women-only train cars, designed to curb sexual harrassment. 

An article by Allison Stevens with Women’s eNews, "Bush May Veto Bill That Would Help Protect Hate Crime Victims," explains that, "Women’s rights groups are making a last-ditch push to enact legislation that would expand existing "hate crimes" laws to include gender and other categories such as sexual orientation, gender identity and disability."  Acvocates of the bill say that it would greatly benefit women and girls.  "Women could stand to gain substantially from the law," reports Stevens.  "The bill would add significant resources for prosecution of crimes in which the victims were targeted for their gender, as was the case in two high-profile shootings last fall in Pennsylvania and Colorado."

On Poverty and Economic Security

Education is a crucial component on the pathway to economic security for many.  In Give and Take, Peter Panepento discusses in, "Scholarships: What’s a Donor to Do?," the difficulty faced by those who want to fund college scholarships for those with the greatest need.  Citing research, Panepento writes, "The major problem…is many donors are operating under the false perception that students with the greatest needs are those coming out of high school.  But…many ‘needy’ students are adults returning to school, single parents, and students who hope to transfer from community colleges into four-year institutions."  In a similar cord, Siu Lang Panoke, a graduate student at American University, writes about her experience funding her education as a single mother in her blog post, "Economic Status Should Not Hinder Higher Education" on Real Women, Real Voices, the National Women’s Editorial Forum’s blog.

Riane Eisler in AlterNet discusses in, "What’s a Mother’s Worth?" how women over the age of 65 are twice as poor as their male peers.  She writes, "There’s a reason poverty so disproportionately hits women. Most of these elderly poor women were, or still are, caregivers — and according to most economists, the people who do the caring work in households, whether female or male, are ‘economically inactive.’ Of course, anyone who has a mother knows that most caregivers work from dawn to dusk. And we also know that without their work of caring for children, the sick, the elderly, and maintaining a clean home environment there would be no workforce, no economy, nothing. Yet current economic indicators and policies fail to include this work as ‘productive work.’"  On our blog, we also discuss the financial issues surrounding women and retirement.

On May 11, Washington Grantmakers’ Children, Youth, and Families, and Health Working Groups hosted a funders’ briefing on regional children’s issues.  The Washington Grantmakers’ blog reports in "Lines on a Map But Real Barriers for Children, "Some of the challenges facing area children stem from the fact that while families can move within the region, governments stop at the borders. There are gaps in funding and services because state governments’ scopes are too narrow to address certain problems.  Through regional collaboration, Washington Grantmakers members have an opportunity to leverage resources and coordinate in a way that has proven difficult for area governments, and to make a difference in the lives of our region’s children."

The Chronicle of Philanthropy’s Give and Take reports that, "Congressmen Issue Food-Stamp Challenge," to raise awareness about poor Americans.  "From May 15-21," explains the article, "four lawmakers are buying food based on the average food-stamp benefit, which is about $3 a day."  They’re blogging about their experience at the Congressional Food-Stamp Challenge site.

On Philanthropy and Nonprofit Capacity

Just as our recent Philanthropy Forum discussed the legacy of giving across families, so too is the Community Foundations of America examining best practices in family philanthropy in an essay, "Giving as a Family."

Generation change and nonprofit leadership has been a significant topic of conversation recently, fueled largely by the release of research from the Annie E. Casey Foundation and the Evelyn and Walter Haas, Jr. Fund indicating that leadership transitions from the Baby Boom generation to Generations X and Y will become more common within the nonprofit sector.  The report, Generation Change and the Leadership of Nonprofit Organizations, offers recommendations on how a variety of stakeholders can improve the hand-off from this generation of leaders to the next.  On a similar note, the Initiative for Nonprofit Sector Careers examines the "missed connections" between nonprofits and new recruits out of college in its report, The Next Generation of Nonprofit Sector Leadership.

And that’s it for this week.  Enjoy catching up on the lastest news and views, and don’t forget to drop us–or the sites you visit–a comment or two about your thoughts! 

Enjoy your weekend! 

News and Views of Note: Week of April 30, 2007

See below for a round-up of what was news this week in the world of philanthropy, social change and women and girls in the Washington metropolitan region and beyond:

A New York Times article explores how CARE, an international development organization, has leveraged the philanthropic interests of wealthy women over 35 into international efforts to improve the lives of women and girls through education, micro-enterprise and small development programming efforts. 

Salary.com released their annual figures on how much the labor of a working mom is worth, putting this year’s tab at $138,095 annually–3 percent higher than last year’s results.  Brings whole new perspective to the wage-gap discussions that have been taking place, when one also considers domestic and international "unwaged" labor, largely provided by women.  To further this discussion, last week Riane Eisler wrote in Alternet about "The Feminine Face of Poverty" and how she thinks it’s high time for leaders to consider addressing poverty through a lens that redefines "productivity" in economic indicators in a way that accounts for the unpaid labor provided by the world’s women. 

Susan V. Berresford, president of the Ford Foundation, offers an op-ed in the Seattle Post-Intelligencer challenging perceptions of a new intergenerational philanthropic divide that claims that new foundations are "entrepreneurial, innovative, ambititous and strategic" while long-standing ones are not.  "I am here to say this dichotomy does not fit reality. It does not capture the breadth of philanthropy’s scope and history, and it has the potential to damage our field," she writes.  Debate and discussion over this topic has since ensued among a number of philanthropic leaders, which is nicely summarized in a Tactical Philanthropy post, "Old vs. New Philanthropy."

Melinda Gates shared the lessons she’s learned from 10 years in philanthropy, which was preceeded a few weeks ago by her comments on the important role women and girls play in changing the world.

We learned that fewer employers are offering health benefits and a new report, From Poverty to Prosperity: A National Strategy to Cut Poverty in Half by the Center for American Progress advocated 12 recommendations–many of which are directly tied to the issues impacting low-income women and their families.   John Podesta, CEO of the Center for American Progress, testified to the House Ways and Means Subcommittee on Income Security and Family Support on poverty and the goals of the Poverty Task Force.  

And that’s the news for this week!  Now, onto your views–post a comment to let us know your thoughts on any of the above, or about any news of note that we’ve missed. 

And, above all, happy Friday!   

The dollars and sense of financial literacy…

In honor of Financial Literacy Month around the nation and here in our fair region, today’s blog is brought to you by the symbol $ and the letter S (for Save). 

Voila some facts, issues and thoughts that highlight the need for increased financial literacy and awareness and the potential impact it could have on individuals, communities and even our nation as a whole. 

Take a look, and then please join us to add your two cents worth of financial wisdom.  (Extra points for puns worse than that one). 

In October 2002, The National Endowment for Financial Education convened the first ever meeting of institutional and individual leaders committed ot increasing the financial literacy of Americans.  The symposium was titled, "Financial Literacy in America: Individual Choices, National Consequences," and found, among other conclusions, that paramount to a successful financial literacy movement would be a focus on youth, information distribution, goal-setting and partnership across organizations, industries and sectors.

And when such partnerships exist, such as those taking place through Maryland Saves and DC Saves, and financial literacy increases, everyone stands to benefit.  According to the Enterprise‘s fact sheet on financial literacy

  • Evidence on the benefits of financial literacy are consistent with conventional wisdom–the more people know, the better decisions they make about their financial planning and future.
  • Studies have shown that financial literacy training is effective at moving people closer to their goals. Even short training sessions can help people create positive behavioral changes for many months.
  • The most important factor in a financial literacy training program’s effectiveness is its design.  The curriculum must be tailored to the goals of the people it serves.
  • Despite an increase in financial literacy training programs in the last few years, those most in need of such training are usually the least likely to receive it.

The question then becomes, who most needs financial training and literacy?

  • According to the U.S. Department  of Labor, women are twice as likely as men during retirement to receive income below the poverty level.
  • Forty-three percent of adults in the United States at the lowest level of financial literacy live in poverty, compared to only four percent of those at the highest level of financial literacy.
  • Twenty percent of families earning less than $50,000 a year spend nearly half of their income on debt payments.
  • Conservative estimates put the number of households who do not use banks at 10 percent of the U.S. population. This problem is greatest among low-income families, seniors, immigrants, minorities and young people.
  • According to Demos, three groups hardest hit by the recent dramatic rise in personal debt are: students, people of color (particularly African Americans and Hispanics) and older Americans.

And in our region specifically, here are some organizations doing the heavy lifting of increasing financial literacy: 

Capital Area Asset Building Corporation (a Grantee Partner) is a leading member of the DC Saves Campaign and is hosting a number of financial education seminars throughout the month of April.

The National Association of Black Accountants and the American Institute of Certified Public Accountants are joining together this year to improve the Money $ense of the African American Community throughout the 50 states through the use of the AICPA’s 360 Degrees of Financial Literacy curriculum.

Casa de Maryland (a Grantee Partner) provides classes on goal-setting, budgeting, loans and other financial literacy concerns primarily for low-income Latinos in Maryland.  Their program is based on Freddie Mac’s CreditSmart Espanol curriculum. 

Virtuous Enterprises, Inc. (another Grantee Partner) in D.C. is launching a Financial Literacy Campaign for Women to help women-headed householders increase their net worth through financial literacy, saving, investing and homeownership.   

And I am sure there are countless others doing work to further the financial literacy and economic security of area residents, particularly women and low-income families. 

Drop a line to let us know about your favorites that I may have missed, or check out our Volunteer and Connect database to search for other nonprofits in our region doing financial literacy programming!

What Muhammad Yunus knows and we aim to prove in the Washington Area

Today the world heard that Yunus (as he is known in the international development world) has been honored with the Nobel prize. What Muhammad Yunus knows, and what has been the backbone of the work of Grameen and all of its emulators, is that it’s the WOMEN who start their businesses, pay back their loans at nearly flawless rates, and go on to improve not just their own lives…but those of many in their communities. Washington Area Women’s Foundation congratulates Yunus, and all the women who have taken advantage of Grameen’s programs.

Don’t forget about our $50K Leadership Challenge matching grant (We ARE NEARLY HALFWAY THERE!). Every dollar you give today has twice as much impact. Help us continue to demonstrate – here in our nation’s capital – that as a community we “get” what Yunus and others have known for years – that “when women thrive, everyone thrives.” Give now.