Ms. Foundation for Women does not meet the following 2 Standards for Charity Accountability:
Standard 7 (Board Approval of Written Report on Effectiveness)
Submit to the organization's governing body, for its approval, a written report that outlines the results of the aforementioned performance and effectiveness assessment and recommendations for future actions.
Ms. Foundation does not meet this Standard because:
- The organization has not completed an effectiveness assessment in the last two years.
Standard 14 (Budget)
Have a board-approved annual budget for its current fiscal year, outlining projected expenses for major program activities, fund raising, and administration.
Ms. Foundation does not meet this Standard because, when the organization provided 2022 budget information, it indicated that the budget did not identify:
- Total projected program service expenses broken down by major program category (grants and capacity building, advocacy and policy, and public education).
- Total projected fundraising expenses.
- Total projected administrative expenses.
Ms. Foundation for Women meets the remaining 18 Standards for Charity Accountability.
Ms. Foundation for Women (Ms. Foundation) reports that it provides grants to organizations working on key issues of reproductive health, safety, childcare and promoting a progressive women's economic agenda. Through the organization's capacity building programs, Ms. Foundation provides assistance in strategic communications, organizational development, and financial management. The advocacy and policy program works to further the organization's reach and promotes social, culture, and legislative policies and practices to improve the lives of women and their communities.
For the year ended June 30, 2021, Ms. Foundation for Women's program expenses were:
Grants and capacity building |
$7,022,679 |
Public education |
$1,051,250 |
Advocacy and policy |
$4,461 |
Total Program Expenses: |
$8,078,390 |
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Chief Executive
Teresa C. Younger, President and Chief Executive Officer
-
Compensation*
$272,207
-
Chair of the Board
Alicia Lara
-
Chair's Profession / Business Affiliation
President and Chief Executive Officer, Community Partners
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Board Size
18
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Paid Staff Size
23
*2019 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Invitations to fund raising events, Planned giving arrangements, Cause- related marketing (affinity credit cards, consumer product sales, etc.)
Fundraising costs were 5% of related contributions. (Related contributions, which totaled $23,240,283, are donations received as a result of fundraising activities.)
This organization is tax-exempt under section 501(c) (3) of the Internal Revenue Code.It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Ms. Foundation for Women's audited financial statements for the year ended June 30, 2021.
Source of Funds |
Contributions and grants |
$22,742,851 |
Realized gain on investment transactions, net |
$1,254,640 |
Investment income, net |
$941,571 |
Special events, net |
$497,432 |
Other income |
$64,642 |
Total Income |
$25,501,136 |
- Programs: 73%
- Fundraising: 14%
- Administrative: 13%
Total Income |
$25,501,136 |
Program expenses |
$8,078,390 |
Fundraising expenses |
$1,509,667 |
Administrative expenses |
$1,481,319 |
Other expenses |
$0 |
Total expenses: |
$11,069,376 |
Income in Excess of Expenses |
$14,431,760 |
Beginning Net Assets |
$45,410,386 |
Other Changes In Net Assets |
$0 |
Ending Net Assets |
$66,508,543 |
Total Liabilities |
$2,634,937 |
Total Assets |
$69,143,480 |