“This marks the first-ever Women of Tocqueville-led fund at any United Way in the country,” said WOT Fund for Women and Children co-founder Kristy Faus. “The Fund will be a source of permanent support and provide annual distributions for programs with a focus on women and children in the areas of health, education and income. As WOT members, empowering women and children are the pillars of our organization and are at the center of all we do.”
“Carol was the first person I talked to about the fund and immediately, she was all in,” Faus continued. “She helped create the excitement behind the Fund and it’s been an amazing journey working on this initiative together.”
And as the journey evolves, so does the giving.
“The WOT Fund for Women and Children is an excellent way to apply a lens to your philanthropic giving,” said former Exxon executive and United Way Foundation of Metropolitan Dallas board member Millie Bradley. “They have a tremendous mission in terms of helping women’s access to healthcare, education, and a whole suite of public services.
“One good example is the work we’re doing right now to try and provide skills training and micro-financing to women-owned businesses in South Dallas,” said Bradley, who also sits on the Women of Tocqueville Fund Advisory Council. “It matches perfectly with some of my personal philanthropic goals.”
Carol March went on to explain that many of the people who have contributed at the Fund’s founding $250,000 level say they have really never thought they would be in a position to leave a legacy gift. “They can give cash now, but they can also give for the future through the United Way Life insurance policies, which give them an opportunity to be part of something that assures their gift live on.”
“I chose to give to the Fund because I believe in the power of women’s investments in women as the biggest multiplier in making a difference in our community,” said Advisory Council Chair Robbi Luxbacher. “Because when you invest in women, you help them become more financially secure women who can then turn around and use that financial security to help their children, to improve their children’s health, and to improve their children’s education.”
“During the pandemic, we had an opportunity to sit back, think and try to imagine what things were going to be like on the other side of it – who would be most hurt that we might partner with when the pandemic was over,” said WOT Fund for Women and Children co-founder Carol March. “We felt it was important that the Fund lift up other women and elevate our purpose. More than the socializing and networking, the WOT Fund gives us a cohesive and tangible purpose that is really resonating.”
The Women of Tocqueville Fund established the Women of Tocqueville Fund Advisory Council in 2020 to provide strategic direction, leadership, and oversight for gift distributions. Last Fall, the Council awarded the Fund’s first-ever gift to the LiftFund Women’s Business Center, which supports diverse women entrepreneurs. Comerica Bank matched the Fund’s $50,000 disbursement, bringing the total investment to $100,000. These funds will be used to provide microloans to female entrepreneurs in the city’s southern sector so that they can successfully grow their small businesses.