Recently I read a post by Huffington Post blogger, Patricia Handschiegel. She asserts that there is ”a new breed of female leader taking over the country: ‘Power Girls’ — entrepreneurial dynamos who are taking lead roles in both business and their communities.” She says that these women are inspired by icons like Oprah and Hillary Clinton, and these fresh female powerhouses have already learned that giving back is just as important as staying on top.
As I meet the extraordinary women entrepreneurs who we spotlight at Get Your BIG On, I am amazed at how many of these entrepreneurs are not just giving back but making it there life’s work. North Jersey mom Filomena Laforgia in July 2010, four years after her three-year old son was diagnosed with autism founded Filanthropists.com. Her site is a one-stop online shopping mall for the purchase of cause-related products. The site features a variety of products from merchants and local and national organizations that are committed to the sale of these products to support fundraising efforts for their specific cause. The site’s name not only plays on the founder’s first name, but also shows how a socially conscious individual can make a difference through the simplest of acts. By buying a cause-related product, we can all be Filanthropists.
Similiar to Filomenia’s story is that of Tania Mulry’s. Tania is an entrepreneur who used the experience with her child to inspire her to use her talents to help others. She quit her stable job creating mobile marketing campaigns for big brands to launch an idea that she had to help address the nation’s school funding problems. This 37-year-old mother of three had grown frustrated by the constant flow of fundraising requests from her boys’ school, but also couldn’t stand the idea that teachers use hundreds of their own dollars to purchase classroom supplies every year. She knew there had to be a better way. So she devised, designed and developed a new mobile application that pairs companies’ need to attract loyal consumers and educators’ need to obtain supplies for their students. The app, called edRover, just became available for free through the iTunes App Store with versions for other popular smartphones to follow later this year.
Are women entrepreneurs who recognize the power of giving back really a new breed or how women are wired? According to a recent study by the Women’s Philanthropy Institute at the University of Indiana, says women are as much as 40 percent more likely to make charitable donations than men.
The findings, reported in Time magazine, paint a flattering picture of female philanthropists and a less attractive one of their male counterparts. Women at nearly every income level are more generous givers — and not only do they give more than men, they give more often.
Next meet Jacqueline Novogratz founder and CEO of the Acumen Fund. Jacqueline is definetely a women who gives back. The mission of the Acumen Fund is to create a world beyond poverty by investing in social enterprises, emerging leaders, and breakthough ideas. Jacqueline authored The Blue Sweater, the memoir of her quest to understand global poverty and to find powerful new ways of tackling it. It’s a powerful read.
From her first stumbling efforts as a young idealist venturing forth in Africa to the creation of the trailblazing organization she runs today, she creates a series of insightful stories and unforgettable characters — from women dancing in a Nairobi slum, to unwed mothers starting a bakery, to courageous survivors of the Rwandan genocide, to entrepreneurs building services for the poor against impossible odds.
Sharon Davis found herself thrust into giving back when natural disaster struck. She is the coordinator for her town’s sister city exchange program with Otsuchi in Northeastern Japan. The story of how the relationship began is compelling- a young man whose father was lost at sea would sit on the Otsuchi headlands waiting for him. Eventually, it occurred to him to wonder what was on the other side of the ocean and so he followed their latitude across the Pacific and found Fort Bragg, California. He made contact and and the two communities became sister cities. This year is the 10th anniversary of the formation of the program.
Needless to say, this small coastal town has been completely and utterly destroyed by the March 11th 9.0 quake and subsequent tsunami. Of the 15,000 residents 10,000 are still missing. The town was leveled and ravaged by fires. Sharon and her town have created the Otsuchi Recovery Fund. She has created a Facebook group for the sister city program and now it’s become a place to share information on this tragedy. So far, they have raised over $75,000. Not bad for a little community of just over 8,000. The small community has been devastated by the events that have harmed their sister city.
But is this trend really new? What about the likes of Abby Aldrich Rockefeller, (October 26, 1874 – April 5, 1948), a prominent socialite and philanthropist and the second-generation matriarch of the renowned Rockefeller family? Referred to as the “woman in the family”, she was especially noteworthy for being the driving force behind the establishment of the Museum of Modern Art.
As we look to the past there are numerous examples of these power women. Alice Sheets Marriott (October 19, 1907 - April 17, 2000) was an entrepreneur and philanthropist. Alice and her husband opened their first motel, the Twin Bridges Motor Hotel in Arlington, Va., in 1957. This one motel grew into a chain of Marriott hotels.Marriott served two ten year terms on the board of the John F. Kennedy Center for the Performing Arts.. Marriott provided endowments to educational institutions. In 1988 she provided funds for the Marriott School of Management at Brigham Young University. The University of Utah opened the Alice Sheets Marriott Center for Dance, which houses the University’s departments of Modern Dance and Ballet, on September 25, 1989.[
Another notable entrepreneur Helena Rubinstein born in 1870 started a comestic empire and was noted for her drive to give back to others. There are also examples of women thrust into giving back at times of war like Elizabeth Blackwell 1821. Blackwell opened a dispensary in the New York slums. Her sister, Emily Blackwell, joined her shortly after; Emily also had earned her degree in medicine. In 1857, the practitioners established an infirmary for women and children.
Elizabeth Blackwell organized the Women’s Central Association of Relief during the Civil War. She trained nurses for war service. Elizabeth, along with Emily, and Mary Livermore, played important parts in developing the United States Sanitary Commission.
Shortly following the war, the sisters established the Women’s Medical College in New York. Blackwell served as the professor of hygiene until 1869, when she moved to London to help form the National Health Society and the London School of Medicine for Women.
So what do you think? Are women the more generous sex? Are women entrepreneurs who give back a new breed? Does gender matter, or are many entrepreneurs giving back?