Amalia Fischer

Ashoka Fellow
Brazil,
Fellow Since 2003
Angela Borba Fundo de Recursos para Mulheres

Citation

This profile was prepared when Amalia Fischer was elected to the Ashoka Fellowship in 2003.
The New Idea
Amalia created a diversity-focused mechanism for social investment in Brazil–one that puts gender equality and women's empowerment at the center of a new philanthropy. She founded the Angela Borba Fund to specifically invest in independent projects by and for women. The fund adopts a pioneering approach to social investment, being one of few organizations in the country that, unlike company foundations and funding institutions that create and administer their own social programs, raise funds in order to redirect them to existing, independent programs.
Amalia is working to modernize the culture of philanthropy and social investment practices in Brazil by launching a campaign involving companies, institutes, and individual donors. Her goal is to transform people's "hand-out" mentality on giving into a deeper understanding about the importance of investing socially in diversity and transforming gender relations. Her message claims that well-placed investment in the socioeconomic, cultural, and technological empowerment of women generates high returns in terms of these women's investment in children, adolescents, and society as a whole.
The Problem
The Strategy
The Person

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