In today’s rundown: The number of children living in poverty will reach its highest rate in two decades this year. A look at the growing impact of women as donors. Why giving circle participation is on the rise.
— The rate of children living in poverty this year will climb to nearly 22 percent, the highest rate in two decades, according to an analysis by the Foundation for Child Development. The foundation’s Child and Youth Well-Being Index tracks 28 key statistics, like insurance coverage, parents’ employment, infant mortality and preschool enrollment. Click here for more details.
— With more women controlling more wealth in the U.S. than ever before, the impact of women as donors is on the rise. According to this piece on Huffington Post, women in the U.S. give to charity, on average, nearly twice as much as men. And nonprofits — like The Women’s Foundation! — are focusing on creating economic opportunities specifically for women and girls as a way to solve poverty.
— Boston.com reports on a rise in giving circles that began in the 1990s and looks at why they’re so popular among women. One giving circle member said she preferred giving money at a small event, rather than a “fancy fund-raiser.” For more information on giving circles at The Women’s Foundation, please click here.
