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In yet another example of her ability to reign as Hollywood's unofficial matriarch, Meryl Streep put the capital B in "Boss" on Sunday when she announced the founding of a screenwriters lab designed to proliferate the presence of women writers over 40.

The announcement of this new program, called The Writers Lab and set to be supported by New York Women in Film and Television and IRIS (a similar organization), came as part of a discussion held during the Tribeca Film Festival. Streep, who has long been a supporter of NYWIFT, reportedly contributed a hefty amount to fund the lab.

The actress isn't the only champion empowering women in this industry. Mentors participating in The Writers Lab include writer-director Gina Prince-Bythewood, Caroline Kaplan (who produced Boyhood), and lauded writers such as Kirsten Smith (Legally Blonde) and Jessica Bendinger (Bring It On).

Let's not forget that Streep is no stranger to feminism and battling both sexism and ageism in the work place. She leaped out of her seat and applauded Patricia Arquette's plea for "woman who gave birth" and "equality once and for all" during Arquette's Oscar acceptance speech. Here's hoping Streep's support and impactful message makes waves not just in Hollywood, but across the world.

Head to the NYWIFT's website to learn more about the Writers Lab and find details on how to enter.