Single women have only 32 cents for every dollar of wealth owned by single men, a report just released by the Asset Funders Network (AFN) finds. The women's wealth gap lies at the heart of other social inequities impacting children, families, and our nation.
Women and Wealth: Insights for Grantmakers, by Mariko Chang, PhD, finds wealth inequality between men and women at all ages and education levels, with great discrepancies by race and ethnicity.
The report, which analyzes the 2013 Consumer Finance Survey data, recommends programs and policies that can help women build wealth, which grantmakers can create or support.
Women & Wealth: Insights for Grantmakers narrows the lens to examine the systemic barriers that continue to keep women from having the opportunity that men have to build wealth over their life course. Through this brief, AFN offers funders collaborative and proven investment strategies and challenges them to explore new more robust solutions to catalyze narrowing the gender wealth gap, strengthen the economy, sustain greater economic security with upward mobility for girls and women.
Click here to view the brief, as well as the Executive Summary and recent Women and Wealth webinar with Dr. Chang.
Development and support for this publication was provided by:
Asset Funders Network
Chicago Foundation for Women
Dallas Women's Foundation
Levi Strauss Foundation