For immediate release: January 15, 2025
Contact: Aisha Woodruff, aisha@bostonwomensfund.org 210-373-1993
BOSTON — January 15, 2025 —After 150 years of serving women and girls, The Rutland Corner Foundation (RCF) today announced that it is transferring its $2.1 million assets to Boston Women’s Fund (BWF), fulfilling its mission to empower women and girls and more than doubling the endowment of the oldest women’s fund in Massachusetts.
“We found our ideal partner in Boston Women’s Fund,” said Lisa Johnson, President of RCF’s Board of Trustees. “BWF has great enthusiasm, as we do, for making one plus one equal more than two. We are excited to see BWF carry forward Rutland Corner’s legacy of empowering girls and young women.”
The RCF Board agreed their most enduring next step in the fight to support girls and young women entailed partnering with a like-minded organization, exceptionally aligned with RCF’s mission, committed to intersectional justice, and making strides in support for young people today. BWF’s community-driven approach to philanthropy, youth-led grantmaking processes, youth leadership initiatives, and more, caught the attention of RCF’s Board of Trustees. RCF will cease operations as a standalone entity.
“We are thrilled with RCF’s vote of confidence and are full of gratitude,” said Natanja Craig Oquendo, Executive Director of Boston Women’s Fund. “This partnership means we can take our support for young people to even greater heights while continuing to grow our socially responsible investments through our endowment, allowing us to protect the future of BWF's community-centered support. With women’s, girls’, and gender-expansive folks’ bodily autonomy increasingly under attack, this boost could not have come at a better time.”
With these funds, BWF will also increase its grantmaking supporting girl and gender-expansive youth-led organizations, expand staffing, grow its youth program, and more.
Despite growing attacks on women, girls, and gender-expansive people’s rights, women’s and girls’ organizations still receive a mere 1.9% of all charitable giving in the United States.
Rutland Corner Foundation
The Rutland Corner Foundation’s (RCF) roots go back to the foundation of the Temporary Home for Working Women in 1877. It transformed into the Rutland Corner Foundation in 1998. Since 2008, the Rutland Corner Foundation has made grants totaling more than $1.8M to over sixty Massachusetts nonprofit organizations that demonstrate a strong commitment to girls and young women in their community.
Boston Women’s Fund
Boston Women’s Fund (BWF) invests in women, girls, and gender-expansive individuals leading grassroots organizations working toward racial, economic, social, and gender justice. Founded in 1984 by progressive women, BWF was the first women’s foundation in Massachusetts and is one of the oldest nonprofit women’s foundations in the nation. Through forward-thinking grantmaking practices, BWF predominantly supports Black and Brown leaders from communities persistently excluded from philanthropy, including LGBTQIA+, people of color, immigrant, refugee, disabled, low-income, and elderly communities. BWF has granted more than $7.9 million in over 400 grant awards. Learn more at www.bostonwomensfund.org.
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