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Zonta Foundation For Women

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 363396932 ✦ Oak brook, IL ✦ Designated as a 501(c)(3)

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Overview

What is Zonta Foundation For Women?

Zonta Foundation for Women is a not-for-profit organization committed to supporting the charitable and educational programs of Zonta International. Established by voluntary contributions from members, clubs, districts, and friends, its mission is to raise and provide financial resources for Zonta International service projects and educational programs. The foundation aids initiatives such as the Amelia Earhart Fellowship, which empowers women in aerospace engineering and space sciences, the Jane M. Klausman Women in Business Scholarship, encouraging women to pursue careers in business, and the Young Women in Public Affairs Award, recognizing young women with exceptional leadership skills and a commitment to public service. The foundation's efforts contribute to Zonta International's larger vision of a world where women's rights are recognized as human rights, and every woman has the opportunity to reach her full potential.


Official website here: www.zonta.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97% (Four-Star out of Four Star Rating)

The Zonta Foundation for Women has achieved a remarkable score of 97%, reflecting a strong commitment to accountability and financial management. This high rating is a testament to the organization's effective governance and transparency practices, with 100% of board members being independent. Their financial oversight is robust, demonstrated by a full score on their Audit and Oversight Committee, and there are no material diversions of assets reported.

Strengths of the foundation include an excellent program expense ratio of 88.17%, indicating that a significant portion of their funds is directed toward their programs rather than administrative costs. Additionally, their fundraising efficiency is commendable, with only 8 cents spent to raise a dollar, showcasing effective fundraising strategies. The organization's liabilities to assets ratio of 8.82% and a strong working capital ratio of 4.91 years further illustrate their financial stability and sustainability.

While the foundation excels in various metrics, the summary does not indicate any significant limitations or areas of concern. Overall, the Zonta Foundation for Women stands out as a well-managed nonprofit that prioritizes its mission and demonstrates integrity in its operations.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Zonta Foundation For Women?

94% of 84 reviewers on Facebook recommend Zonta Foundation for Women. Here’s a summary of their insights:

Many members express a deep appreciation for the organization's mission and the impact it has on women globally. Reviewers highlight the dedication and compassion of Zonta International members, emphasizing the significant work done to empower women in less fortunate circumstances. The inspiring stories shared among members contribute to a strong sense of community and purpose.

Overall, the sentiment reflects a strong endorsement of Zonta Foundation for Women, with supporters feeling proud to be part of an effective organization that delivers meaningful results. The collective admiration for the work being accomplished showcases the positive influence the nonprofit has in advancing women's rights and opportunities worldwide.


This AI summary has been generated from reviews found on Facebook.

Is Zonta Foundation For Women legitimate?

Zonta Foundation For Women is a legitimate nonprofit organization registered as a 501(c)(3) entity. Zonta 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $125,210

For more financial information, click here


Official website here: www.zonta.org

What is the mission statement of Zonta Foundation For Women?

The Zonta Foundation for Women's mission is centered around supporting the charitable and educational programs of Zonta International. This is achieved through effective fundraising, investing funds, and distributing proceeds. By doing so, the foundation serves as a catalyst for enhanced service to women worldwide. The foundation raises and provides financial resources for Zonta International's service projects and educational programs. It is a not-for-profit corporation that relies on voluntary contributions from Zonta members, clubs, districts, and friends who share its vision for a better world for women and girls. Zonta International is a leading global organization committed to building a world where women's rights are recognized as human rights. In such a world, every woman is able to realize her full potential, with equal access to resources and representation in decision-making positions.


Official website here: www.zonta.org

Who is the CEO of Zonta Foundation For Women?

Ute Scholz is the President of Zonta Foundation For Women.


Official website here: www.zonta.org

What is the revenue of Zonta Foundation For Women?

Zonta Foundation For Women's revenue in 2023 was $2,193,656.


Official website here: www.zonta.org

Who are the executives of Zonta Foundation For Women and what are their salaries?

There 26147 volunteers at Zonta Foundation For Women.


Here are 13 key members and their salaries:


Salla Tuominen (President - Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fernanda Gall Freschi (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Souella Cumming (Treasurer/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Renee Coppock (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ann-Marie French-Cudjoe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Annika Branstrom (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandy Venn-Brown (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Teresa Lin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Monika Geise (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brittany Vaughan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ute Scholz (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allison Summers (Executive Director (Term May 2023))
  • Compensation: $0
  • Related: $231,919
  • Other: $25,606
Megan Radavich (Aed & Interim Ed (May 2023))
  • Compensation: $0
  • Related: $116,516
  • Other: $15,703


Official website here: www.zonta.org

Where can I find the form 990 for Zonta Foundation For Women?

Zonta Foundation For Women's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.zonta.org

Learn more at the official website: www.zonta.org

Mission Statement of Zonta Foundation For Women

The Zonta Foundation for Women, driven by its mission, supports the charitable and educational initiatives of Zonta International through effective fundraising, investment, and the distribution of proceeds. By serving as the catalyst for greater service to women worldwide, the foundation empowers Zonta International to carry out its vision for a world where women's rights are recognized as human rights, and every woman can achieve her full potential. In this world, women have equal access to resources and are represented in decision-making positions on an equal basis with men. The Zonta Foundation for Women is a not-for-profit corporation that relies on voluntary contributions from Zonta members, clubs, districts, and friends who share its vision for a better world for women and girls. The foundation's financial resources contribute to Zonta International's service projects and educational programs, playing a crucial role in advancing women's rights and empowerment globally.

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Impact




October, 2024

The Zonta Foundation for Women plays a crucial role in empowering women and girls globally through various scholarships, fellowships, and awards. By providing substantial financial support—such as the Amelia Earhart Fellowship, which awards up to $10,000 annually to talented women pursuing advanced degrees in aerospace engineering or space sciences—the foundation fosters growth in fields where women have been historically underrepresented.

Additionally, the Jane M. Klausman Women in Business Scholarship helps encourage women to pursue careers in business with up to 37 awards of $5,000 each, directly impacting their educational journeys. The Young Women in Public Affairs Award nurtures future leaders by recognizing young women aged 16-19 who demonstrate leadership skills and a commitment to public service, offering up to 31 awards of $1,500 and 10 awards of $5,000 each year.

By supporting these initiatives, the Zonta Foundation not only provides essential resources but also advocates for women's rights and equal representation in decision-making processes, contributing to a more equitable world.




This information is meant to be a general summary of Zonta 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.

Revenue
$2,193,656 (2023)
Expenses
$4,185,178 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: -$186,214
  • Gross Receipts: $8,998,341

Assets and Liabilities:

  • Total Assets: $18,461,863
  • Total Liabilities: $1,629,326
  • Net Assets: $16,832,537

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Organization Details

Founding Year

1986

Principal Officer

Ute Scholz

Main Address

1200 HARGER ROAD 330, OAK BROOK, IL, 60523

NTEE Category

Code: Q033 - International

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