Overview
What is Women's Foundation Of Alabama Fka The Women's Fund Of Greater Birmingham?
Women's Foundation of Alabama, formerly known as The Women's Fund of Greater Birmingham, is a community-driven nonprofit organization based in Birmingham, Alabama. Their mission is to accelerate economic opportunities for women, envisioning a society where limitations due to gender, race, or place do not exist. Established in 1996 as a regional women's fund, the foundation applies a gender lens to its grantmaking, research, and advocacy. Through its grantmaking, Women's Foundation of Alabama supports high-impact programs and public policy initiatives, focusing on economic empowerment. In 2022, ten community colleges across the state received funding to implement their Student Parent Success Model, which combines career-specific training with wraparound support services. Additionally, the foundation invests in and amplifies the collective power of young women, particularly young women of color, by supporting organizations that implement the Girls at the Center Model. With a staff of 11 individuals, the Women's Foundation of Alabama aims to create a more equitable society for women in Alabama.
Official website here: www.wfalabama.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96%, Four-Star out of Four Star rating.
The Women's Foundation of Alabama, formerly known as the Women's Fund of Greater Birmingham, holds an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and finance. The organization achieves a perfect score in several critical areas, including independence of board members and financial oversight. With 100% of its board members being independent and a high program expense ratio of 73.34%, the foundation demonstrates a dedicated focus on its mission.
Strengths noted in the evaluation include robust governance practices, such as having a whistleblower policy and conflict of interest policy in place. The organization also maintains transparency in its operations, as evidenced by the availability of meeting minutes and its comprehensive financial reporting. These factors contribute to the high level of trust and credibility associated with the foundation.
While the organization excels in financial accountability, there are no highlighted limitations within the provided data. This suggests that the Women's Foundation of Alabama operates effectively and responsibly, making it a reliable choice for donors looking to support women's initiatives in the state.
This AI summary has been generated from information found on Charity Navigator.
Is Women's Foundation Of Alabama Fka The Women's Fund Of Greater Birmingham legitimate?
Women's Foundation Of Alabama Fka The Women's Fund Of Greater Birmingham is a legitimate nonprofit organization registered as a 501(c)(3) entity. Women's Foundation Of Alabama Fka The Women's Fund Of Greater Birmingham 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: $149,070
Professional Fundraising Fees: $0
Other Salaries and Wages: $440,656
For more financial information, click here
Official website here: www.wfalabama.org
What is the mission statement of Women's Foundation Of Alabama Fka The Women's Fund Of Greater Birmingham?
The Women's Foundation of Alabama, formerly known as The Women's Fund of Greater Birmingham, is a community-driven organization with a mission to accelerate economic opportunity for women. Their vision is to establish a society where power and possibility are not constrained by gender, race, or location. Established as a regional women's fund in 1996, the Women's Foundation of Alabama is the sole public women's foundation in the state, employing a gender lens in its grantmaking, research, and advocacy efforts. The foundation aims to create an environment where women can thrive economically and socially, breaking down barriers and promoting equality.
Official website here: www.wfalabama.org
Who is the CEO of Women's Foundation Of Alabama Fka The Women's Fund Of Greater Birmingham?
Melanie Bridgeforth is the President/Ceo of Women's Foundation Of Alabama Fka The Women's Fund Of Greater Birmingham. The CEO's salary of Women's Foundation Of Alabama Fka The Women's Fund Of Greater Birmingham is $149,069 and their total compensation is $160,830.
Official website here: www.wfalabama.org
What is the revenue of Women's Foundation Of Alabama Fka The Women's Fund Of Greater Birmingham?
Women's Foundation Of Alabama Fka The Women's Fund Of Greater Birmingham's revenue in 2022 was $1,934,001.
Official website here: www.wfalabama.org
Who are the executives of Women's Foundation Of Alabama Fka The Women's Fund Of Greater Birmingham and what are their salaries?
The average compensation at Women's Foundation Of Alabama Fka The Women's Fund Of Greater Birmingham during 2022 was $53,611. There are 11 employees and 75 volunteers at Women's Foundation Of Alabama Fka The Women's Fund Of Greater Birmingham.
Here are 19 key members and their salaries (Women's Foundation Of Alabama Fka The Women's Fund Of Greater Birmingham's CEO's salary is $149,069 and their total compensation is $160,830):
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Official website here: www.wfalabama.org
Where can I find the form 990 for Women's Foundation Of Alabama Fka The Women's Fund Of Greater Birmingham?
Women's Foundation Of Alabama Fka The Women's Fund Of Greater Birmingham's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wfalabama.org
Learn more at the official website: www.wfalabama.org
Mission Statement of Women's Foundation Of Alabama Fka The Women's Fund Of Greater Birmingham
The Women's Foundation of Alabama, formerly known as The Women's Fund of Greater Birmingham, is a community-driven organization with a mission to influence societal change. They aim to accelerate economic opportunities for women, envisioning a society where potential and power are not confined by gender, race, or location. Established as a regional women's fund in 1996, the Women's Foundation of Alabama distinguishes itself as the state's sole public women's foundation. This foundation applies a gender lens to its grantmaking, research, and advocacy efforts, working towards a more equitable society for all.
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Impact
July, 2024
The Women's Foundation of Alabama, previously known as The Women's Fund of Greater Birmingham, has a significant impact on accelerating economic opportunity for women. By applying a gender lens to grantmaking, research, and advocacy, this community-driven foundation is working to create a society where power and possibility are not limited by gender, race, or place.
Their grantmaking supports high-impact programs and public policy advocacy initiatives that have been proven to increase economic opportunities for women. By providing technical assistance to community colleges and girls-serving organizations, the foundation is helping implement models that align career-specific training programs with essential support services like childcare, transportation, and coaching for student parents.
Furthermore, the Women's Foundation of Alabama is investing in and amplifying the collective power of young women, especially young women of color. Through initiatives like the Girls at the Center model, they are working to ensure that young women can lead, prosper economically, and live safe and healthy lives.
This information is meant to be a general summary of Women's Foundation Of Alabama Fka The Women's Fund Of Greater Birmingham. 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: $73,966
- Gross Receipts: $4,477,265
Assets and Liabilities:
- Total Assets: $5,835,347
- Total Liabilities: $291,696
- Net Assets: $5,543,651
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Organization Details
Founding Year
2011
Phone
(205) 326-4454Principal Officer
Melanie Bridgeforth
Main Address
2213 1ST AVENUE SOUTH, BIRMINGHAM, AL, 35233
Website
www.wfalabama.orgNTEE Category
Code: T30 - Philanthropy
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