An essential role of university boards, of all stripes, is to encourage giving. Roxanne Wilson, who’s been a member of both the investment committee and the board of trustees at all-women Scripps College in Claremont, Calif., says having female majorities on both committees has helped Scripps raise money. And as times change, more and more of the donors are women.
“People, especially alumni, want to donate to something they believe in,” says Wilson, who got her start cold-calling alumni for money. “Back in my phone-a-thon days, women would tell me that they’d have to ask permission, or we’d get some lesser amount, while the husband’s institution got the big numbers. Women aren’t afraid to talk about money anymore.”
This article was provided by Bloomberg News.