The Program in Gender, Sexuality, and Women’s Studies
A new report produced by Asset Funders Network (ANF), in collaboration with the University of Pennsylvania’s School of Social Policy & Practice and Closing the Women's Wealth Gap (CWWG), reveals that the economic fragility of single women 45-65 years of age is growing due to systemic barriers which limit their opportunities to build and preserve their wealth. Lead by Amy Castro Baker (APC Executive Board Member and Assistant Professor, SP2), the report explores how the gender wealth gap impacts women, particularly low-income women and women of color, throughout their life cycle, and provides responsive strategies and best practices that funders can employ to create greater economic security for women. One startling finding: Black and Latina women fared the worst during the 2007 recession — on average losing upwards of 74% of their wealth post-Recession.