The process of creating a new women's fund requires thoughtful planning and strong commitment. In this edition of Creating a Women's Fund, we expanded the guide to incorporate the creation of stand-alone women's foundations. It is designed to share the experiences and perspectives of nine women's funds – small and large, new and established – from across the country.
In this guide, we provide two distinct courses of action – to set up a women's fund within a community foundation or to set up a stand-alone women's foundation. The guide takes the reader through the succession of phases for each: PLANNING, ESTABLISHING and BUILDING. However, since the decision to create a women's fund within a community foundation or a stand-alone women's foundation must be thorougly researched in the PLANNING phase, we recommend all readers begin with PLANNING.
At the end of the PLANNING section, readers may choose to either read the ESTABLISHING and BUILDING sections for funds within a community foundation (designated in blue for easy reference) OR for stand-alone foundations (designated in magenta). We have done this for brevity and ease; however, we strongly encourage readers to read through the entire guide to fully determine the advantages and challenges of both formats. Since there are many common steps involved in building a fund within a community foundation and a stand-alone foundation, those who read both sections may encounter some repetition.