Enriching the Economic Power of Women
Today, March 8, is International Women's Day, a great time to call attention to the contributions women are making to develop a stronger and more stable local and global economy.
Local, national, and global statistics show that women are an integral part of economic growth and stability. While women's prospects are rising, 44.4% of women in Marion County lived in poverty in 2009; in the same year, Indianapolis-area women working full-time earned 75% of what men earned in comparable positions with like qualifications. Just imagine the impact women could make on the economy of our community and around the world if we achieved pay equity and created working environments and benefits that allow women to fully participate in the workforce!
We are working to fill such gaps by supporting women-led programs and organizations that strengthen all aspects of women's and girls' lives -- including economic security. Since 1999, we have invested nearly $1.5 million to address insufficient income challenges in our community. We have provided grants to nonprofit organizations like the Indianapolis branch of Grameen America, in order for women to start their own small businesses and gain self-sufficiency. We have had long-term funding relationship with organizations like Dress for Success Indianapolis and Concord Neighborhood Center, which are helping women in our community develop the tools they need to be successful in the workplace.
Image source: Headford Online
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