Backing frontline women – Boston fund launches $5M campaign

The Boston Women’s Fund has launched a new $5 million capital campaign to provide grants for women and girls addressing social and economic justice issues.

The oldest women’s fund in Massachusetts is hoping Boston’s high-tech community will follow the lead of Lotus Development Corporation, which contributed $100,000 for education initiatives over a four year period.

“Continued support of the fund and its grantees is vital to the social and economic lifeblood in Boston,” said Lotus Vice President Marjorie Tenzer.

The Lotus donation and a recent $1 million anonymous gift have pushed the fund closer to its $5 million goal. These two major donations will match one million dollars that is being raised from 2000 people who will each contribute $500 over five years.

The new capital campaign follows the fund’s fourth annual “Take a Stand” fundraiser, which netted more than $140,000 this month.

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