A study by Virginia Tech found that the number of wealthy women in the U.S. is growing twice as fast as the number of wealthy men. Women now hold 60 percent of the country’s personal wealth and 51 percent of all U.S. stocks. And by 2028, women will own 75 percent of all discretionary spending, according to the Boston Consulting Group.

The buying power and influence of women is not lost on Wendy Steele, founder of Impact100. The global nonprofit unites and empowers women to create transformational impact within their communities through the power of collective generosity.

Boasting chapters in more than 60 cities and four countries, Impact100 brings together groups of 100 women to donate $1,000 each. The chapters then provide grants to local nonprofit organizations in increments of at least $100,000. Since launching 24 years ago, Impact100 has granted more than $123 million dollars and become a case study in being a force for good.

In this episode of Beyond Profit, a podcast of the ANA Center for Brand Purpose, Wendy Steele joins host Ken Beaulieu to discuss the Impact100 and her life’s mission to leave the world a little better than she found it.