Annual Reports

2025 felt like quicksand

When the world feels unstable, there is a tendency to retreat into private survival strategies and this year offered plenty of incentives for that retreat. And yet, as we listened to partners, what emerged was that the opposite was happening. Movements adapted creatively. They shared risk in solidarity. They took to the streets. On the evidence of an entire year, we saw real courage in action. 

When other funding is stopped, women’s and feminist funds stay  

In times of backlash, when other funding is withdrawn or restricted, women’s and feminist funds stay. They don’t back down or pack up when funding is withdrawn or cut. They hold critical lines of support that keep movements alive, helping prevent hard-won rights from being rolled back and ensuring people navigating backlash don’t lose essential support.