Philanthropic support for women and girls has historically lagged.
According to a July study by the Ms. Foundation, grants to organizations that support women and girls of color totaled less than 1 percent of the $66.9 billion given by foundations in 2017. Data collected by the Indiana University Lilly Family School of Philanthropy showed that less than 2 percent of all philanthropic dollars go to women's and girls' causes.
Three new efforts to steer a total of more than $1 billion to women and girls have emerged in less than six months. One initiative by Women Moving Millions called on its more than 300 members to raise more than $100 million by the end of 2022. The second initiative by a group of Black women leaders who created the Black Girl Freedom Fund set a goal of steering $1 billion over the next decade to efforts to help Black women and girls thrive. The third effort by Million Girls Moonshot, whose plan to inspire and engage one million more girls, received $3.3 million in grants.