NoVo in the Media

Foundations Match Council’s $10M Investment

Staff Writer

On Thursday, City Council Speaker Melissa Mark-Viverito announced a new $10 million investment for the Young Women’s Initiative. The NoVo Foundation, the New York Women’s Foundation and the co-chairs of the New York Philanthropic Table for Girls & Young Women of Color have announced that they will dedicate an additional $10 million, on top of the City’s funds that are targeted specifically for efforts to improve the lives of young women and girls of color. They are newly committed and newly targeted to these communities and are with the priorities of the Table. The Philanthropic Table is a group of more than 15 local and national foundations.

The Table met last year to drive philanthropic investment, grown the field of well-resourced organizations, find new ways to collaborate, leverage diverse resources to address structural inequities facing girls, young women and transgender youth of color.

“The challenges facing girls and young women of color in New York City demand the sustained attention, resources, and resolve of leaders from across every sector,” said Pamela Shifman, executive director of the NoVo Foundation. “We believe that this is just the beginning of a city-wide movement to ensure that girls and young women of color finally move from invisibility to investment, and we invite others to join us in this effort.”

The City Council’s $10 million commitment will be invested in the YWI, which was created by Mark-Viverito as the nation’s first-ever effort solely dedicated to supporting young women. YWI will propose programming, policy changes, data collection and long-term research geared towards closing the gaps in outcomes experienced by girls, young women and transgender youth of color.

“We applaud Speaker Melissa Mark-Viverito and The New York City Council for their steadfast commitment to the Young Women’s Initiative, which declares that the lives of girls, young women and transgender youth of color deserve greater attention and investment. The New York Women’s Foundation is a proud co-chair of YWI and remains committed to advancing the lives of girls and young women across New York City as we have for the past 29 years,” said Ana Oliveira, President and CEO of The New York Women’s Foundation.

The foundations that are working closely with YWI are also working with experts, girls and young women of color to uncover opportunities to collaborate and to elevate the priorities and perspectives of girls, young women and transgender of color.

Reach Yvette Brown at (718)357-7400 ext. 128, or @eveywrites.

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