For years, the majority of women lacked the economic power for philanthropy but lately, the number of women in the workforce doubled and now, they give away more of their money than men.
Merle Chambers, founder and president of Chambers Family Fund was one of seven prominent women from the business and non-profit sectors to speak about their philanthropic achievements and goals at an Aspen Ideas Festival panel on women philanthropists.
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Senay Ataselim-Yilmaz, Chief Operating Officer, Turkish Philanthropy Funds, writes that philanthropy often solves the very problems that stems from market failure. Some social issues, however, Â cannot be tackled by questioning the return on investment.