Ms. Foundation for Women does not meet the following 3 Standards for Charity Accountability:
Standard 6 (Board Policy on Effectiveness)
Have a board policy of assessing, no less than every two years, the organization's performance and effectiveness and of determining future actions required to achieve its mission.
Ms. Foundation does not meet this Standard because:
- The board of directors does not have a written policy stating that, at least every two years, an appraisal be done assessing the organization’s performance and effectiveness and determining future actions required to achieve its mission.
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:
- It has never completed an effectiveness assessment.
Standard 17 (Web Site Disclosures)
Include on any charity websites that solicit contributions, the same information that is recommended for annual reports, as well as the mailing address of the charity and electronic access to its most recent IRS Form 990.
Ms. Foundation does not meet this Standard because the organization’s website, https://www.forwomen.org, does not include all of the recommended information for those charity websites that solicit for donations. Specifically, it does not include:
- Electronic access to the organization’s IRS Form 990 for the year ended June 30, 2018.
The BBB Wise Giving Alliance requested but did not receive complete information from the organization and is unable to verify the organization's compliance with the following Standard(s) for Charity Accountability:
1
3
14
15
Ms. Foundation for Women meets the remaining 13 Standards for Charity Accountability.
Ms. Foundation for Women (Ms. Foundation) invests in strengthening the capacity of women-led movements aimed at advancing meaningful social, cultural and economic change in the lives of women. The Foundation 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, it provides assistance in strategic communications, organizational development and financial management. Ms. Foundation?s advocacy and policy programs work to enhance the organization's reach, thought leadership and strategies that promote social, culture, and legislative policies and practices to improve the lives of women and their communities.
For the year ended June 30, 2018, Ms. Foundation for Women's program expenses were:
| Grants and capacity building |
$3,791,431 |
| Public education |
$805,622 |
| Advocacy and policy |
$189,953 |
| Total Program Expenses: |
$4,787,006 |
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Chief Executive
Teresa Younger, President and CEO
-
Compensation*
$286,967
-
Chair of the Board
Jocelyn Frye
-
Chair's Profession / Business Affiliation
Senior Fellow, American Progress
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Board Size
15
-
Paid Staff Size
16
*2017 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
Fundraising costs were 14% of related contributions. (Related contributions, which totaled $7,942,922, 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, 2018.
| Source of Funds |
| Contributions and grants |
$7,345,780 |
| Realized and unrealized gain on investments, net |
$2,448,189 |
| Special events, net |
$590,889 |
| Investment income, net |
$371,147 |
| Other income |
$6,423 |
| In-kind contributions |
$6,253 |
| Total Income |
$10,768,681 |
- Programs: 68%
- Administrative: 16%
- Fundraising: 16%
| Total Income |
$10,768,681 |
| Program expenses |
$4,787,006 |
| Fundraising expenses |
$1,137,623 |
| Administrative expenses |
$1,144,903 |
| Other expenses |
$0 |
| Total expenses: |
$7,069,532 |
| Income in Excess of Expenses |
$3,699,149 |
| Beginning Net Assets |
$39,860,627 |
| Other Changes In Net Assets |
$0 |
| Ending Net Assets |
$43,559,776 |
| Total Liabilities |
$2,090,692 |
| Total Assets |
$45,650,468 |
Note: According to The Foundation's audited financial statements for the year ended June 30, 2018, the organization received in-kind contributions totaling $6,253 in miscellaneous goods.