Overview
What is Ms Foundation For Women Inc?
The Ms Foundation for Women Inc, based in Brooklyn, New York, is a grantmaking organization dedicated to building women's collective power in the United States. During the 2022 fiscal year, they supported over 125 partner organizations nationwide and in US territories. Their initiatives focus on ending gender violence, improving economic security, and promoting health equity, among others. The foundation prioritizes investment in women and girls of color (WGOC), including trans and non-binary individuals, with 90% of their grantee portfolio led by WGOC. Their recent Birth Justice Initiative aims to enhance the capacity and financial stability of grassroots Black, Indigenous, and women of color-led organizations. The Ms. Foundation's mission is to invest in and strengthen the capacity of women-led movements to bring about meaningful social, cultural, and economic change for women. Their workforce consists of 28 employees.
Official website here: www.forwomen.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Stars)
The Ms Foundation For Women Inc has achieved a perfect score of 100%, reflecting its exemplary performance in accountability and finance. This high rating is indicative of the organization's commitment to transparency, governance, and effective financial management. All 14 members of its board are independent, which promotes unbiased decision-making and enhances the integrity of its operations.
The foundation demonstrates strong financial health with a program expense ratio of 71.27%, meaning a significant portion of its funds directly supports its initiatives. Additionally, its fundraising efficiency is commendable at $0.12 per dollar raised, showcasing its ability to effectively manage fundraising efforts. The organization also has a healthy liabilities to assets ratio of 18.20%, indicating that its financial obligations are well within manageable limits.
While the data highlights numerous strengths, it is important to remain aware that such high ratings often reflect only financial aspects and governance practices. Potential donors or supporters may want to further explore the foundation's impact and effectiveness in fulfilling its mission as a nonprofit dedicated to advancing women's rights.
This AI summary has been generated from information found on Charity Navigator.
Is Ms Foundation For Women Inc legitimate?
Ms Foundation For Women Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ms Foundation For Women Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $1,259,749
Professional Fundraising Fees: $254,310
Other Salaries and Wages: $1,867,353
For more financial information, click here
Official website here: www.forwomen.org
What is the mission statement of Ms Foundation For Women Inc?
The MS Foundation for Women Inc. is the first national women's foundation in the United States. Its mission is geared towards advancing equity and justice for women and girls, with a focus on those who are often marginalized. The organization achieves this by investing in and strengthening the capacity of women-led movements. By doing so, they aim to bring about meaningful social, cultural, and economic change that positively impacts the lives of women. The MS Foundation for Women Inc. is committed to transforming philanthropy and democracy by putting women and girls first in their efforts.
Official website here: www.forwomen.org
Who is the CEO of Ms Foundation For Women Inc?
Teresa Younger is the CEO of Ms Foundation For Women Inc The CEO's salary of Ms Foundation For Women Inc is $298,288 and their total compensation is $335,646.
Official website here: www.forwomen.org
What is the revenue of Ms Foundation For Women Inc?
Ms Foundation For Women Inc's revenue in 2023 was $12,224,028.
Official website here: www.forwomen.org
Who are the executives of Ms Foundation For Women Inc and what are their salaries?
The average compensation at Ms Foundation For Women Inc during 2023 was $107,831. There are 29 employees and 16 volunteers at Ms Foundation For Women Inc.
Here are 26 key members and their salaries (Ms Foundation For Women Inc's CEO's salary is $298,288 and their total compensation is $335,646):
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- Compensation: $298,288
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- Compensation: $113,533
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- Compensation: $114,021
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- Other: $42,113
- Compensation: $104,187
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- Other: $16,516
Official website here: www.forwomen.org
Where can I find the form 990 for Ms Foundation For Women Inc?
Ms Foundation For Women Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.forwomen.org
Learn more at the official website: www.forwomen.org
Mission Statement of Ms Foundation For Women Inc
Ms Foundation For Women Inc, the first national women's foundation in the United States, is dedicated to building women's collective power to advance equity and justice for all. The organization's mission is two-fold: first, to transform philanthropy and democracy by prioritizing women and girls of color, and second, to strengthen the capacity of women-led movements to bring about meaningful social, cultural, and economic change in the lives of women.
Ms Foundation For Women Inc takes a unique approach to philanthropy by putting women and girls of color at the forefront of their efforts. They believe that this group has been historically marginalized and underrepresented in traditional philanthropic circles. By investing in and empowering women-led movements, Ms Foundation For Women Inc seeks to create systemic change that addresses the root causes of inequality and injustice.
The foundation achieves its mission through various means. One of their primary strategies is to strengthen the capacity of women-led organizations and movements. They provide funding and other forms of support to help these groups build their infrastructure, expand their reach, and increase their impact. By investing in the capacity of these organizations, Ms Foundation For Women Inc is able to amplify the voices of women and girls who have been historically silenced.
Another way Ms Foundation For Women Inc advances its mission is by transforming democracy. They believe that women and girls must have a seat at the table in decision-making processes at all levels of government. To that end, they support initiatives that promote women's political participation and leadership, as well as efforts to address systemic barriers to women's full and equal participation in the political process.
In summary, Ms Foundation For Women Inc is a trailblazing organization that is committed to building women's collective power to advance equity and justice for all. They achieve this mission by investing in and strengthening the capacity of women-led movements, and by transforming philanthropy and democracy to prioritize the voices and needs of women and girls of color.
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Impact
October, 2024
Ms. Foundation for Women Inc. plays a pivotal role in advancing equity and justice for all by empowering women and girls, particularly those of color, in the United States. With a focus on grantmaking and capacity building, the foundation supports over 125 grantee partners across diverse urban and rural settings. This commitment includes increasing funding efforts aimed at addressing critical issues such as gender violence, economic security, and health equity.
A significant aspect of their impact is the emphasis on supporting organizations led by women and girls of color, which represents 90% of their grantee portfolio. This strategic direction not only uplifts marginalized voices but also fosters a robust social justice infrastructure. The foundation launched the Birth Justice Initiative, investing $1 million to enhance equitable birth outcomes and strengthen grassroots organizations focused on birth justice for Black, Indigenous, and women of color.
Through various campaigns and initiatives, such as the Activist Collaboration and Care Fund, the foundation creates a holistic approach to philanthropy that prioritizes community-driven solutions. By enabling and amplifying the efforts of movement leaders, the Ms. Foundation for Women Inc. significantly contributes to meaningful social, cultural, and economic transformations in the lives of women across the nation.
This information is meant to be a general summary of Ms Foundation For Women Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $1,481,248
- Gross Receipts: $27,390,450
Assets and Liabilities:
- Total Assets: $62,619,698
- Total Liabilities: $3,331,463
- Net Assets: $59,288,235
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Organization Details
Founding Year
1972
Principal Officer
Teresa Younger
Website
www.forwomen.orgNTEE Category
Code: R240 - Civil rights
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