07.03.2012

Powerful Women in Philanthropy

Philanthropy, literally “a love of humankind,” is about giving for the benefit of others. Do women have a unique capacity for philanthropic action? Do they practice philanthropy differently than men?

Certainly, the majority of women lacked the economic power for philanthropy until relatively recently. But in the last 50 years, the number of women in the workforce doubled, and today, in four out of five income levels, they give away more of their money than men.

THE LESSON I LEARNED IS ABOUT PATIENCE AND ABOUT AGREED UPON MEASURES OF SUCCESS … YOU’VE GOT TO BE FLEXIBLE WITH GRANTEES. THEY ALSO HAVE TO BE HONEST WITH YOU.

LAURIE TISCH, PRESIDENT OF THE LAURIE M. TISCH ILLUMINATION FUND

 

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