June 14, 2016

White House Women’s Summit Draws $50 Million in Pledges

The Obama administration and a collection of companies, foundations, and other organizations will announce $50 million in commitments to support efforts aimed at gender equality Tuesday as part of the first-ever United State of Women summit in Washington, according to United Press International. Goldman Sachs, the Aspen Institute, the Ford Foundation, and PepsiCo are among the corporations and grant makers pledging to aid programs to boost equality in educations, business, and other areas, the White House said.

Along with President Obama and First Lady Michelle Obama, nonprofit leaders from across the nation, including Cecile Richards, president of the Planned Parenthood Federation of America, are slated to speak at the summit, which will feature "solution seminars" on polices surrounding violence against women, health care, civic engagement, and workplace issues as well as announcements of financial commitments.   

The White House did not specify ahead of the summit how much of the money raised would go to nonprofit programs as opposed to government efforts, but it said participants have pledged, among other things, to work to close the gender pay gap, help community-college students starting on their careers, and improve portrayals of women in media.