The Denver Post

Sheryl Sandberg leans into charity

- By Abha Bhattarai

Facebook executive Sheryl Sandberg has set aside $100 million for charity, in a move that observers say reflects a renewed sense of urgency in philanthro­pic giving by — and for — women following last month’s presidenti­al election.

Sandberg donated 880,000 Facebook shares to the Sheryl Sandberg & Dave Goldberg Family Fund, according to a company filing with the Securities and Exchange Commission.

“A lot of very powerful women are investing in women’s causes and, quite honestly, there’s been a renewed push to invest after the election,” said Melanie Ulle, a Denver philanthro­pic adviser.

Thousands of Americans have donated to causes related to reproducti­ve rights and women’s issues since the election, she said. Planned Parenthood, for example, received nearly 80,000 donations in the three days following the presidenti­al election.

“We have this idea that philanthro­py is old white men, but that is changing,” said Debra Mesch, director of the Women’s Philanthro­py Institute at Indiana University. “Women are earning more money, they have more education. Their role in philanthro­py has been growing exponentia­lly.”

By some estimates, women now make up nearly half of the country’s millionair­es, and about 10 percent of its billionair­es. But Mesch says it’s not just the uber-wealthy who are becoming more involved in philanthro­py.

“There has been a groundswel­l of women of all income levels coming together to give what they can,” she said.

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