Strategic Philanthropy
Innovation & Inclusion, Accelerated
Overview
The Cordes Foundation is committed to catalyzing systemic change by supporting visionary social entrepreneurs and advancing economic opportunities for women worldwide. With women owning only 34% of businesses globally despite comprising 50% of the population (World Bank), and 1.4 billion adults still lacking access to basic financial services (World Bank Global Findex Database), we recognize the untapped potential for transformative impact. Our investments in women's economic empowerment are not just about equality – research shows that advancing women's participation in the economy could add $32 trillion to global GDP by 2030 (McKinsey Global Institute). We partner with innovative social entrepreneurs who are developing market-based solutions to close these gaps, recognizing that 82% of social enterprises reinvest their profits to create positive impact (British Council, Social Enterprise Survey). Through strategic grantmaking and catalytic capital, we support initiatives that promote financial inclusion, create sustainable livelihoods, and build more equitable markets. Our focus on women's economic empowerment and social entrepreneurship creates a multiplier effect - when women have access to financial resources and opportunities, they reinvest up to 80% of their income in their families' health, education and nutrition (UN Women). By backing ambitious changemakers and investing in women's economic participation, we aim to help build an inclusive global economy where talent and innovation can flourish regardless of gender or circumstance.