Overview
What is Chicago Foundation For Women?
Chicago Foundation For Women, based in Chicago, Illinois, is a dedicated grant-making organization that focuses on supporting the needs and challenges faced by women, girls, trans, and gender nonbinary individuals. With a strong connection to the community, the foundation invested a total of $3.45 million in 238 grants during fiscal year 2022, benefiting 161 organizations. These organizations work towards enhancing health, economic security, and safety for women and their families in the Chicago area, including Cook, Lake, DuPage, Will, McHenry, and Kane counties. In the past year, the grants served over 287,000 individuals, primarily women and girls, but also including other demographics. As the COVID-19 pandemic continues, the foundation remains committed to providing strategic and flexible investments to critical organizations that improve the lives of Chicago's most vulnerable women and their families. The Chicago Foundation for Women envisions a world where all women, girls, trans, and gender nonbinary individuals have the opportunity to thrive in safe, just, and healthy communities.
Official website here: www.cfw.org
What are the reviews and ratings of this charity?
Charity Navigator has rated the Chicago Foundation For Women with a perfect score of 100%, granting it a Four-Star out of Four Star rating. This high rating reflects the organization’s strong performance in accountability and transparency, crucial factors for donors seeking to ensure their contributions are used effectively. The foundation has demonstrated a commitment to high standards, achieving full scores across various criteria, including independent board governance and financial integrity.
Strengths of the Chicago Foundation For Women include exceptional oversight in its financial practices, evidenced by a high program expense ratio and notable fundraising efficiency. The organization is robust in its governance structure, with a fully independent board and comprehensive policies in place to prevent conflicts of interest. The foundation's financial health is underscored by a solid working capital position, indicating its ability to fulfill long-term obligations and sustain its programs.
Unfortunately, there are limitations in the available data, as the organization has not yet undergone evaluations for impact and measurement, culture and community, or leadership and adaptability methodologies. This lack of assessment means that some aspects of the foundation's effectiveness and adaptability to changing conditions remain unmeasured, which could be a consideration for potential donors. No user reviews from GreatNonprofits were available to provide further insights into public sentiment regarding the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Chicago Foundation For Women legitimate?
Chicago Foundation For Women is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chicago Foundation For Women 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: $165,433
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,002,719
For more financial information, click here
Official website here: www.cfw.org
What is the mission statement of Chicago Foundation For Women?
For over three decades, the Chicago Foundation for Women (CFW) has been committed to addressing the challenges and needs of women and girls at various stages of their lives, with a focus on economic security, freedom from violence, and access to healthcare services and information. The foundation takes a comprehensive approach, working with socially-minded investors who share its passion for improving the lives of women, girls, trans, and gender non-binary individuals. CFW ensures that every donated dollar achieves maximum impact through rigorous evaluation, careful monitoring, and community-centered results. Additionally, the foundation invests in the future of organizations by offering leadership development and building sustainable nonprofit infrastructure. As a result, two-thirds of nonprofits that CFW was the first institutional funder for are still thriving a decade after receiving their initial grant.
Official website here: www.cfw.org
Who is the CEO of Chicago Foundation For Women?
Sunny Fischer is the CEO of Chicago Foundation For Women The CEO's salary of Chicago Foundation For Women is $32,333 and their total compensation is $32,333.
Official website here: www.cfw.org
What is the revenue of Chicago Foundation For Women?
Chicago Foundation For Women's revenue in 2024 was $6,835,065.
Official website here: www.cfw.org
Who are the executives of Chicago Foundation For Women and what are their salaries?
The average compensation at Chicago Foundation For Women during 2024 was $64,897. There are 18 employees and 385 volunteers at Chicago Foundation For Women.
Here are 23 key members and their salaries (Chicago Foundation For Women's CEO's salary is $32,333 and their total compensation is $32,333):
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- Other: $12,658
Official website here: www.cfw.org
Where can I find the form 990 for Chicago Foundation For Women?
Chicago Foundation For Women's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.cfw.org
Learn more at the official website: www.cfw.org
Mission Statement of Chicago Foundation For Women
Chicago Foundation for Women (CFW) has a mission to invest in women and girls as catalysts, contributing to the creation of strong, safe, just, and healthy communities for all. For over three decades, this organization has taken a comprehensive approach to understanding and addressing the challenges and needs women and girls face throughout their lives, with a primary focus on economic security, freedom from violence, and access to healthcare services and information.
CFW collaborates with a community of socially-minded investors who share a passion for improving the lives of women, girls, trans, and gender nonbinary people. They adhere to a high standard of accountability, conducting rigorous evaluations, careful monitoring, and community-centered results to ensure that every dollar donated achieves maximum impact. Beyond financial support, CFW also invests in the future of organizations by providing leadership development and building sustainable nonprofit infrastructure. As a result, two-thirds of the nonprofits that received their initial grant from CFW continue to thrive ten years later.
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Impact
October, 2024
The Chicago Foundation for Women significantly impacts the lives of women, girls, and gender-nonconforming individuals in the Greater Chicago area by investing in their economic security, health, and safety. In the fiscal year 2022 alone, this organization distributed $3,449,750 through 238 grants, benefiting 161 local organizations dedicated to addressing the specific challenges faced by these communities. The Foundation's funding reached an estimated 287,774 individuals, with a vast majority identifying as women or girls.
By partnering with nearly 3,000 donors and local organizations, the Foundation not only responds to immediate needs but also identifies systemic barriers to well-being. Its approach encompasses a comprehensive understanding of various life stages and emphasizes freedom from violence and access to healthcare. Remarkably, two-thirds of the organizations that received early funding are still thriving a decade later, demonstrating the Foundation's commitment to sustainable growth and capacity building.
The diverse demographics of those served underscore the Foundation's focus on inclusivity. It addresses the unique needs of various racial and ethnic communities, ensuring that funding reaches those most vulnerable. As the COVID-19 pandemic continues to present challenges, the Chicago Foundation for Women remains dedicated to providing strategic investments that uplift the most marginalized populations, fortifying a safer and more equitable society for all.
This information is meant to be a general summary of Chicago Foundation For Women. 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 2024.
- Investment Income: $710,944
- Program Service Revenue: $16,425
- Gross Receipts: $15,502,420
Assets and Liabilities:
- Total Assets: $20,116,109
- Total Liabilities: $499,571
- Net Assets: $19,616,538
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BOARD BOOT CAMP
Revenue
$16,425
Organization Details
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