Overview
What is Womens Impact Fund?
The Women's Impact Fund is a nonprofit organization, situated in Charlotte, North Carolina. Their primary mission is to strengthen communities by amplifying women's influence in philanthropy. They achieve this goal through collective giving, which involves pooling resources to make larger charitable contributions. Furthermore, they engage in educational programs to enhance women's understanding of philanthropy, fostering their involvement in this field. By doing so, they aim to foster a more inclusive and impactful approach to community development. As of the provided data, the organization is managed by a small team of two individuals.
Official website here: www.womensimpactfund.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Stars
The Women's Impact Fund has achieved a high rating of 96%, reflecting its strong performance in accountability and finance. This score, derived entirely from a single beacon score, indicates a commitment to transparency and effective financial management. The organization boasts a fully independent board, with 100% independent members, which contributes to its high accountability score.
The fund demonstrates effective use of its resources, with approximately 83% of its expenses allocated towards programs. Additionally, it has established robust policies, including a conflict of interest policy and a whistleblower policy, which are essential for maintaining integrity and trust. The absence of any material diversion of assets further solidifies its reliability as a nonprofit.
While the data highlights several strengths, potential donors may want to consider the overall scope and impact of the programs funded by the Women's Impact Fund to gauge the broader effectiveness of their contributions. Overall, the organization's strong governance and financial health make it a trustworthy option for philanthropic investment.
This AI summary has been generated from information found on Charity Navigator.
Is Womens Impact Fund legitimate?
Womens Impact Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Womens Impact Fund 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: $96,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $48,738
For more financial information, click here
Official website here: www.womensimpactfund.org
What is the mission statement of Womens Impact Fund?
The Women's Impact Fund, in its mission, focuses on strengthening communities by fostering women's leadership in philanthropy. They achieve this through collective giving, providing educational resources, and engaging women in philanthropic activities. By leveraging collective giving, they aim to make significant charitable contributions that positively impact their community. The organization also prioritizes education, equipping women with the necessary knowledge to make informed philanthropic decisions. Engagement is another key aspect of their mission, encouraging women to actively participate in philanthropy and contribute to community development.
Official website here: www.womensimpactfund.org
Who is the CEO of Womens Impact Fund?
Patricia Massey Hoke is the Executive Dir. of Womens Impact Fund.
Official website here: www.womensimpactfund.org
What is the revenue of Womens Impact Fund?
Womens Impact Fund's revenue in 2022 was $699,773.
Official website here: www.womensimpactfund.org
Who are the executives of Womens Impact Fund and what are their salaries?
The average compensation at Womens Impact Fund during 2022 was $72,369. There are 2 employees and 160 volunteers at Womens Impact Fund.
Here are 21 key members and their salaries:
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Official website here: www.womensimpactfund.org
Where can I find the form 990 for Womens Impact Fund?
Womens Impact Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.womensimpactfund.org
Learn more at the official website: www.womensimpactfund.org
Mission Statement of Womens Impact Fund
The Women's Impact Fund, an influential non-profit organization, is committed to enhancing communities by amplifying women's leadership in philanthropy. They achieve this goal through three strategic approaches: collective giving, education, and engagement. By pooling resources and making charitable contributions as a collective, they maximize their impact on the community. Moreover, the Women's Impact Fund invests in educating women about philanthropy, empowering them to become effective and responsible donors. Lastly, they engage women in various philanthropic activities, providing them with opportunities to make a tangible difference in their communities. By leveraging the power of collective giving, education, and engagement, the Women's Impact Fund strengthens communities and empowers women to become active and impactful philanthropists.
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Impact
July, 2024
The Women's Impact Fund strengthens communities by maximizing women's leadership in philanthropy through collective giving, education, and engagement. It makes charitable contributions to enhance our community through collective giving.
This information is meant to be a general summary of Womens Impact Fund. 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 2022.
- Investment Income: $1,088
- Program Service Revenue: $2,572
- Gross Receipts: $699,773
Assets and Liabilities:
- Total Assets: $587,675
- Total Liabilities: $0
- Net Assets: $587,675
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program Revenue
Revenue
$2,572
Organization Details
Founding Year
2003
Phone
(704) 707-4292Principal Officer
Patricia Massey Hoke
Main Address
PO Box 30864, Charlotte, NC, 28230
Website
www.womensimpactfund.orgNTEE Category
Code: P12 - Human services
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