Philanthropy and Social Entrepreneurship
In response to today’s changing landscape, the definition of philanthropy is evolving into one of social entrepreneurship both nationally and globally. Women make up a reported 43 percent of the U.S.’s top wealth holders (individuals with assets of $1.5 million or more) and they are increasingly likely to make contributions based on personal preferences rather than those of spouses or other family members. Women of means are increasingly pooling their resources with like-minded women through funding circles, women’s foundations and associations such as the Women’s Funding Network and the Women Moving Millions campaign. Because women live longer than men, they are expected to manage much of the $41 trillion in charitable giving that is projected to take place over the next 50 years. NCRW seeks to increase networking, and to encourage women to discover their giving capacity by contributing to causes that inspire them most.