The New Face of Philanthropy Is Slightly More Feminine

May 29th, 2009

The way people spend, grow, and give their money is changing. This write-up demonstrates one way in which the face of philanthropy and finance has changed.

  • Three years ago, sisters Swanee Hunt and Helen LaKelly Hunt seeded a philanthropic challenge with $10 million, named Women Moving Millions, to raise money for programs helping girls and women.
  • Women’s charitable giving is often less publicized or done anonymously; this initiative has inspired many women to step out and give boldly.
  • The fiscal prowess and sophistication of this group has caused some people to consider if this current economic crisis might have been avoided had more women been in positions of power within the finance sector.

Facts & Figures

  • Women Moving Millions has raised $176 million for programs to improve the lives of girls and women.
  • 98 women and 2 men have joined the challenge so far.

Best Quote

“It’s about standing up for what we believe. I’ve done a lot of amazing things. I have climbed mountains and dived ocean waters. But the very best thing I’ve done is to give this $1 million gift.” – Anonymous Donor to Women Moving Millions

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