Imagine for a minute that you are a single mom, trying to make enough to put food on the table and keep your kids out of trouble. Now imagine that you also have a big idea – a way to help those in your same situation – but you don’t have the resources to do it.
In order to take the leap from great idea to great organization, women need a solid support system to succeed. Due to a lack of generational wealth and deep-pocketed friends, it’s even harder for BIPOC (black, indigenous, people of color) women. In addition to that support system, BIPOC also need alternative ways to access funds and mentorship.
And that is why we are so passionate about supporting women entrepreneurs; especially women of color (WOC). Organizations that support the WOC entrepreneurs who focus on social impact are doing double duty. They are contributing to the greater good, and also empowering people who have historically been marginalized.
This giving season, we want to put our money where our mouth is, and be intentional about funding the initiatives we believe in. We’d like to share three organizations; their efforts to support WOC are compounded with the impact their constituents bring to society.
Three Double Impact Organizations
- New Voices – Offers WOC entrepreneurs unprecedented access, capital, and expertise to build, grow, and scale their businesses with purpose.
- Institute for Nonprofit Practice – Led by a WOC President & CEO, seeks to transform communities by equipping the most promising social impact leaders. They provide the the skills, networks, confidence, and resources they need to effectively lead, advance justice, and make their organizations more effective, innovative, and sustainable. Nearly 70% of their alumni are BIPOC, and over 60% are women.
- LENDonate – Founded by a WOC to develop a dynamic, expressive marketplace. It connects affordable capital with impactful projects in the nonprofit sector.
Plus, The Classy Awards
You can also give directly to social impact organizations that you love. Meet the 10 most innovative nonprofits and social enterprises who received “The Classy Awards” in 2021! The Classy Awards originated as a way to recognize local non profits and social enterprises based on the merit of their impact.
Honestly, these organizations are so impressive, and so…well, impactful…that we feel a bit intimidated. But you know what, even a little support can go a long way to helping change the world. We hope you find a way to make a double impact this holiday season.
Here’s to a better future for our society and our planet!
-Photo by Los Muertos Crew from Pexels