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PHILANTHROPY


INSIDE TORY BURCH’S INCUBATOR FOR FEMALE ENTREPRENEURS

For these women, a sense of social responsibility is second nature. “The idea of
ambition is in every single cell of my body,” says Kate Bosworth.

by Vanessa Lawrence
05.24.17


--------------------------------------------------------------------------------

Photograph by Mark Seliger, Styled by Ethel Park; Hair by Miki for Kerastase
Paris; Makeup by Asami Taguchi for Nars at Frank Reps; digital technician: Sonny
Fabbri; photography assistants: John Kelsey, Mike Skigen, William Wu; fashion
assistant: Costa Andrinopoulos. all wear Tory Burch or Tory Sport

An actress, a supermodel, a Google executive, a green-cleaning business owner, a
food entrepreneur, and a fashion chief executive and chairman walk into a photo
shoot. It sounds like the makings of a sitcom. Indeed, at one point, the
photographer urges fashion designer Tory Burch (the aforementioned CEO) to
assume a more serious expression.

“Tory, less of a smile!” he calls out. You can’t blame Burch for smiling. Not
only is she at the center of this estimable group, but her namesake foundation,
the socially-minded arm of her lifestyle brand, is finally at a place where, as
she puts it, “we’ve had a real impact on scale, and we’re very excited to be
talking about it.”



More specifically, the foundation and its president, Laurie Fabiano, have since
its inception in 2009 given a boost to female entrepreneurs of all walks of
life. The Tory Burch Capital Program, launched in 2014 in conjunction with Bank
of America, has provided $25 million in loans to some 1,000 female
entrepreneurs; an education-program partnership with Goldman Sachs’ 10,000 Small
Businesses and Babson College provides a free business curriculum; and more than
10,000 women have crafted business plans on the site using the foundation’s
online tools.

According to Burch, the idea for the foundation was part of her original plan
when she launched her brand back in 2004. Of course, Burch needed to build her
own business first—in 2013, Forbes valued her company at $3.5 billion—before she
could help other women develop theirs.

“I thought it was going to be more about microfinance…And then I realized the
thing I could offer best was my experience of building a start-up,” she says.


MEET THE NEW CLASS OF PHILANTHROPISTS, FROM ASHTON KUTCHER TO STELLA MCCARTNEY

Natalia Vodianova and Stella McCartney (from left), in London. Vodianova and
McCartney both wear Stella McCartney.

Photograph by Mary McCartney; Hair by Lewis Pallett for Kerastase Couture
Styling Range at Eighteen Management; makeup by jane bradley for MAC;
photography assistant: Ryan O’Toole.

Diane von Furstenberg with the DVF Award winners at the United Nations, in New
York, from left: Jane Goodall, Baljeet Sandhu, Louise Dubé, von Furstenberg,
Yoani Sánchez, and Karlie Kloss.

Photograph by Chris Brooks; Sittings editor: Esmé René.

Ashton Kutcher, on the Warner Bros. lot in Los Angeles. Kutcher wears Gap
jacket; AG jeans.

Mark Seliger

Mala Gaonkar and Sema Sgaier (from left), in New York. Sgaier wears Josie Natori
blouse; her own jewelry. Gaonkar wears her own clothes and jewelry.

Photograph by Martien Mulder, Styled by Sarah Zendejas; air by Takuya Sugawara
for Kiehl’s; Makeup by Gina Daddona for Chanel; photography assistant: Frank
Mueller.

From left: Saudia Davis, Constance Jablonski, Tory Burch, Anita Shepherd, Kate
Bosworth, and Yasmin Green, in New York.

Photograph by Mark Seliger, Styled by Ethel Park; Hair by Miki for Kerastase
Paris; Makeup by Asami Taguchi for Nars at Frank Reps; digital technician: Sonny
Fabbri; photography assistants: John Kelsey, Mike Skigen, William Wu; fashion
assistant: Costa Andrinopoulos. all wear Tory Burch or Tory Sport

Mario Testino with Natalia Vodianova, her children Lucas, Neva, and Viktor
(middle, from left), and villagers at the Parque Teresita opening in Urubamba,
Peru.

Photograph by Timon Afinsky for Supernova

Gabriela Hearst, wearing the sweater she designed to benefit Planned Parenthood,
and Austin Hearst at home in New York.

Photograph by Mark Seliger, Styled by Ethel Park; Hair by Miki for Kerastase
paris; Makeup by Asami Taguchi for Nars at Frank Reps; digital technician: Sonny
Fabbri; photography assistants: John Kelsey, Mike Skigen, William Wu; fashion
assistant: Costa Andrinopoulos. Gabriela Hearst wears clothes from her
collection; her own jewelry and belt. Austin Hearst wears his own clothes.

INFO
1/7



Take Saudia Davis, a graduate of the Goldman Sachs program and the founder of
Greenhouse Eco-Cleaning, a New York–based residential and commercial cleaning
service. Davis, a former film publicist, founded the business in 2006 after her
grandmother died of cancer, likely caused by the chemicals she inhaled over
years of professional housework.

“I would be cleaning a bathroom on a Monday and then doing a red carpet on a
Tuesday,” recalls Davis, who now has 40 employees. Another beneficiary of
Burch’s foundation is Anita Shepherd, who, in 2013, started Anita’s Yogurt, a
coconut-based-yogurt company, after years working as a vegan baker. Shepherd is
well-acquainted with the challenges facing women in business, and the ways in
which such obstacles can be turned into strengths: She went into labor while
training new employees for her company.

“Becoming a mom pushed me to be stronger, more decisive, intuitive, efficient,
and even-keeled,” says the 36-year-old, who has made several hires through the
Hope Program, a job-placement organization for the homeless and at risk. “These
are all qualities I’ve relied on as a business owner.”

For all these women, a sense of social responsibility is second nature. The
model Constance Jablonski, 26, is a devoted mentor to girls at the nonprofit
Urban Dove Team Charter School, which provides a specialized team-based
high-school education to underprivileged kids. When she moved to New York at the
age of 17, she says, “There were a lot of people who helped me survive the city,
and I realized how hard it can be for kids coming from poorer backgrounds.”

Often, giving back is also good business.

“I think now the smartest companies are making their social impact arms
integrated to what they do best,” concedes Yasmin Green, the head of research
and development at Jigsaw, a Google team deployed to combat digital hazards like
state-sponsored trolling, sexual harassment, and threats on journalists. As a
board member of the Tory Burch Foundation, her focus is on the site’s training
tools and fellows program.

“I see the foundation as an incubator,” she says. “You’re not giving resources
away. You’re investing.” Burch is also, in the case of the foundation’s recent
Embrace Ambition initiative, inspiring.

The multi-platform global campaign, which features strong women in different
fields, from the actresses Kerry Washington and Julianne Moore to the North
Korean defector and activist Yeonmi Park, encourages women to own their
ambition.

“The idea of ambition and strong will and discipline and determination is in
every single cell of my body,” says the actress and producer Kate Bosworth, who
participated in the campaign. “Have there been people throughout my career who
have been turned off by that? Probably.”

Given the current political climate, Burch has become only more determined in
her philanthropic efforts.



“I think every company should look at how they can support women in their
businesses or within their companies,” she says adamantly. “Women are half the
population. It shouldn’t be a favor. This should be a given.”


PHOTOS: THE JETSETTER’S GUIDE TO SUMMER: TRAVEL LIKE TORY BURCH

Tory Burch. Photo by Noa Griffel.

Tory Burch.

Tory Burch.

Tory Burch.

Tory Burch. Photo by @toryburch.

Tory Burch. Photo by @toryburch.


INFO
1/6


“Women’s Rights Are Human Rights”: 62 Fashion Insiders Speak Out in a Powerful
Video for International Women’s Day


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