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Female entrepreneurs join forces for charity

THE FINANCIAL TIMES

It was seeing the effects of poor sanitation in developing countries that gave Camilla Hagen Sørli a focus for her charitable giving. But it was her part-ownership of Canica, one of Norway’s largest private investment companies, that gave her the means.

As the number of successful female executives and business owners increases, the number of women in philanthropy is set to rise.

The trend is beginning to show up in the growth of female philanthropic networks. Women Moving Millions, a global community of mainly women donors, has more than doubled in size since launching, from 102 members in 2007 to 250 in 14 countries today. Donors each give or pledge $1m or more to initiatives focused on advancing women and girls.

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