Philanthropy in the Black

02/09/2022

A look into philanthropic giving for and by women & girls

30/08/2022

PB Breakdown: The Growing Need for Corporate Philanthropy

19/07/2022

08/07/2022

The gun violence epidemic continues in America. There have been over 300 mass shootings in America so far in 2022 (Washington Post, 2022). That's more mass shootings than there have been days in the year.

In Chicago alone, over the 4th of July weekend, 71 people were shot and 8 died from gun violence (ABC News Chicago, 2022). As 73% of global mass shootings occur within the United States, funding is needed to end mass shootings in America (International Journal of Comparative and Applied Criminal Justice, 2021).

America has the largest economy in the world. Corporations have the power to drive change but are currently contributing less than 5% in total annual philanthropic giving. This is a crisis that needs all hands on deck for an approach towards solutions in preventing such tragedies from continuing in our society. We need corporations to exhibit .

30/06/2022

Women are leaders in philanthropy, giving more money charitably than men at all income levels (Women’s Philanthropy Institute). By comparison, 2016 reports showed that only 1.6% of charitable giving went to nonprofit organizations that serve women and girls. Where is the philanthropic equity?

Making up more than half the US population and controlling 85% of consumer spending, women have the collective power to drive how companies give and to demand equity in US philanthropy. “When it comes to supporting women and girls, [women] participants were motivated in part by their own gender-based experiences with discrimination, inequality, reproductive health and education (Learning to Give)." It shouldn’t require someone to experience something to have the compassion to help those that have, but if it does, then let them hear loud and clear, women.

With corporate charitable giving sitting as low as 4% in total philanthropic giving by all sectors, it’s essential that women use their market influence to demand corporate America to give back to its largest consumers, creating a more equitable world. creates a movement, one where consumers support corporations that support them and corporations embrace giving compassionately.

28/06/2022

On average, there are 463,634 victims (age 12 or older) of r**e and sexual assault each year in the United States. Women are disproportionately being affected by sexual violence, with 1 out of every 6 American women being the victim of an attempted or completed r**e in her lifetime (RAINN).

“Without r**e crisis advocates, victims are less likely to receive critical services (such as referrals to community-based services, filing of police reports, information about sexually transmitted diseases and pregnancy) in the immediate aftermath of their attacks. Both an absence of helpful services and secondary victimization have been linked to increased psychological distress, physical health struggles, sexual risk-taking behaviors, self-blame, guilt, depression, and a reluctance to seek further help among r**e survivors. Over time, these consequences can take an emotional and financial toll on victims and the larger society.” (End Sexual Violence)

Funds being allocated toward victim services and sexual violence prevention is a public health need. The cost of damages from sexual violence vastly outweighs the money it would take to help this crisis (NSVRC). Consumer support of corporations that give back to causes that disproportionately affect women and demanding equitable corporate charitable giving, is necessary. With government funding being the largest funder of sexual assault healing programs around the country, it is vital for corporations to step up and support those most in need in the communities they operate in and profit from, especially as their profits continue to soar year after year.

24/06/2022

As we wrap up this week celebrating , we wanted to spotlight how companies have made large strides of change due to consumer pressure. “One of the reasons that groups pressure big corporations to change their ways is that their actions often have rippling effects.”

Black buying power in the United States is equivalent to the gross domestic product (GDP) of the entire country of Canada. (Selig Center, World Bank, 2022) No individual, no demographic, is “too small” to hold the buying power to make their spending habits drive how companies give back to humanity causes in their communities. Corporate giving is sitting at a low 4% (Giving USA), consumers hold more power to change that than they realize.

When corporations prioritize philanthropy how they prioritize making a profit, compassionate capitalism can pave the way to help humanity.

22/06/2022

“Capitalism has the power to shape society and be a catalyst for social change”, but how can we do it better? Through compassion. Through corporations giving back equitably to the communities that deepen their pockets. It starts with them, and it starts with consumers understanding the power and influence they hold to drive how corporations give. We can create change!

21/06/2022

What is corporate social responsibility? Corporate social responsibility is “a self-regulating business model that helps a company to be socially accountable to itself, its stakeholders, and the public.” (Investopedia, 2022) This is done through making a commitment to, and demonstrating effort in, operating in such a way that enhances society. Why is this so important? Corporations are not isolated from society, they are an integral part of it, meaning they have a responsibility to give back to it. Currently, corporate philanthropic giving in the United States is sitting at a low 4% while Individuals, your average American, make up the majority of giving at 69% (Giving USA, 2021), and yet, they also contribute the most to the financial prosperity of corporations.

“Consumer spending makes up more than 70 percent of the economy, and it usually drives growth during economic recoveries.” (Foundation for Economic Education) Without the consumers’ spending, these corporations wouldn’t thrive in the ways that they do. Not only should this drive them to give proportionately to their profits, but it should influence consumers’ to be mindful of where they spend their money.

When consumers purchase goods and services from generous corporations, those corporations can thrive and give back charitably to the consumers. Creating a more equitable nation for all.

20/06/2022

Consumer buying power is becoming more diverse than ever.

Today, Black consumers possess more influence and power than ever before in the marketplace of goods and services due to their growing purchasing power and population, in addition to the Black communities' high engagement with social media, activism, and corporate social responsibility, all of which has increasingly shaped industries over the past two years. Furthermore, the African American community has also long been known for its cultural influence on trends ranging from beauty to food to media, and more, driving innovation in America.

As Black buying power in the U.S grows, so does the Black community's influence. Across all demographics, consumers have been consciously shifting towards corporate social responsibility. This alone should drive corporations to give back equitably to the communities that have such a massive impact on their economic success and the market as a whole.

You get out what you put in, if corporations gave back more than the current 4% in charitable giving (compared to 68% in individual giving), they may find themselves in a position to see more loyalty and support from the communities that purchase their goods and services.

It's time for compassionate capitalism.

20/06/2022

Philanthropy in the Black is a hybrid social mission/social enterprise L3C providing comprehensive multi-layered support and information based philanthropic engagement, insight and analysis, formulated by veteran non-profit fundraising executive, Christine Gavin. The company is committed to advancing Compassionate Capitalism that will revolutionize social consciousness through thought enhancing media platforms, including a newsroom, podcast, broadcast and video shorts.

In its essence, Philanthropy in the Black asserts a consciousness for all American citizens to become involved in the illumination of Compassionate Capitalism as a way of being. By advancing a belief system that profits will come when the good of the people and the planet has as high of a priority as their profits being in the black, we will have a transformed world.

Philanthropy in the Black is a hybrid social mission/social enterprise L3C providing comprehensive multi-layered support and information based philanthropic engagement, insight and analysis, formulated by veteran non-profit fundraising executive, Christine Gavin. The company is committed to advancin...

20/06/2022

16/06/2022