Charlotte Wagner & Catherine Gill: Why Feminist Philanthropy? For All the Relationship Reasons
Here’s an indisputable fact: The future of philanthropy is female.
A huge amount of wealth is now in women’s hands, and they are ready to invest it where it’s needed most:
- 73% of donors worldwide are women.
- Of the impending $41 trillion wealth transfer between generations, 70%will be inherited by women.
- Women give almost twice as much of their wealth away as men (3.5% vs. 1.8%).
This is good news for women and girls. Only 12 percent of global philanthropy currently goes to gender-related causes—with more women donors we can hope this proportion will grow. And that’s good news for everyone, since supporting women benefits entire communities.
Root Capital seeks to improve the lives of rural farmers by connecting them with the formal economy. Root Capital invests in the growth of agricultural enterprises so they can transform rural communities.