The Women’s Foundation of Arkansas was launched in 1998 when two of our founders, Pat Lile and Olivia Farrell, saw the need for funding dedicated to investing in projects that support women and girls in our community. These women were instrumental in seeking out prominent female leaders from “Top 100 Women in Arkansas,” where the idea for an organization for and by women was initiated. We strive to not only expand educational opportunities for women who do not have access to them, but also empower and equip women with necessary resources for emerging occupations, improve the economic status of women, and promote a mentorship for women and girls who are in need of tangible and emotional support.


In 1999, the first Power of the Purse luncheon was held to announce the grants made possible to support these causes with donations from the original founders. WFA now holds this fundraising event each year to honor accomplished women, announce grants made that year, and highlight other WFA programs.


2018 Luncheon Details

Where/when: Little Rock Statehouse Convention Center, Wally Allen Ballroom | September 14, 2018 from 11:00 am – 1:00 pm

2018 Power of the Purse event chairs: Colette D. Honorable and R. Lacy Selig

Woman of the Year in Business: Marcy Doderer, CEO of Arkansas Children’s Hospital

Women of the Year in Philanthropy: Ellon Cockrill

1st Lady’s Woman in Public Service: Annie Abrams

Brownie Ledbetter Civic Engagement Award: Mary Louise Williams

Reservations: $100/person

Learn who we are, what we do, and how you can help women in Arkansas be stronger. When women succeed, Arkansas succeeds.

Sponsorships/ Reservations

Sponsorships are available now! PotP-2018-Sponsorship-Packet

Please email sponsorship form to or mail form with check to:

200 River Market Ave., Suite 100 Little Rock AR 72201

Please keep checking our website for our formal announcement of this year’s honorees and details about ticket reservations.

2018 Co-Chairs 


Colette D. Honorable

Power of the Purse Co-chair

Colette D. Honorable, a native of Little Rock, is a partner with the global law firm Reed Smith, LLP.  Colette is a member of Reed Smith’s Energy and Natural Resources Group resident in the Washington, DC office.  She is a highly regarded policymaker in domestic and international energy sectors. She recently served as commissioner at the Federal Energy Regulatory Commission after being nominated by President Barack Obama and unanimous confirmation by the U.S. Senate in December 2014 for a term that expired in June 2017. Colette joined FERC from the Arkansas Public Service Commission, where she had served since October 2007 and led as chair from 2011 – 2015.

Colette’s professional career includes more than 15 years of public service, including serving as Chief of Staff at the Arkansas Attorney General’s Office and in the cabinet of Governor Mike Beebe.  Colette is a motivational speaker in the US and abroad, with a passion for motivating women and girls.  She previously served as a member of the board for the Women’s Foundation of Arkansas and was humbled to be the inaugural recipient of the WFA First Lady’s Woman in Public Service Award in 2016.

She currently resides in Arlington, Virginia with her teenage daughter, Sydney,  and retired mother, Joyce.  “Having been a proud supporter of the Women’s Foundation of Arkansas over the years, and an example of the power of educating women and girls,” Colette said, “it will be both a privilege and joy to serve as co-chair of the 2018 Power of the Purse.”  Twenty years of the work of so many to ensure the success of women and girls in Arkansas is something to celebrate!

Rose Lacy Selig

Power of the Purse Co-chair

Rose Lacy Selig – Born and raised in Saline County, Lacy is a consultant working with non-profits around the world on strategic planning and development.​ “Raising and properly managing funding are common goals of all non-profits, whether it is our local church, a national cancer center, or an international children’s charity. I love knowing that my work allows organizations to fulfill their visions, multiply impact, and change lives.”

Lacy attended Bryant Schools, Mount St. Mary Academy, and the Arkansas School for Mathematics, Sciences, and the Arts before attending the University of St Andrews and the London School of Economics. Lacy now lives in Washington, DC and makes regular trips to Arkansas for work and family.

She says she is honored to serve as the Co-Chair for the WFA’s 20th Anniversary Power of the Purse. “My grandmother, Helen Selig, was one of the 100 Founders of the WFA. As a business leader, social activist, and Mayor of Hot Springs, she instilled in me the importance of giving back and lending a hand to fellow Arkansans, particularly fellow Arkansas women and girls. I am proud to be a part of this 20th Year Celebration to honor the leading women of Arkansas and grow the life-changing work of the Women’s Foundation.”