Overview
What is Girls Who Invest Inc?
Girls Who Invest Inc, based in New York City, is a nonprofit organization that offers a Summer Intensive Program designed to equip participants with essential finance and investment knowledge. The intensive 4-week academic training program, led by esteemed educational partners, imparts core concepts in finance and investment. Successful scholars are rewarded with a 7-week paid internship at a leading asset management firm upon completion of their academic training. Girls Who Invest is committed to fostering gender diversity within the asset management industry, with a mission to increase the number of women in portfolio management and executive leadership roles. The organization currently employs a team of 12 individuals.
Official website here: www.girlswhoinvest.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% - Four-Star out of Four Stars
Girls Who Invest Inc has achieved a Four-Star rating from Charity Navigator, reflecting outstanding accountability and financial management. The organization excels with a perfect score in multiple areas, including independent board membership and financial oversight, showcasing strong governance practices and a commitment to transparency.
The charity demonstrates financial health, with a program expense ratio of 73.42% and low fundraising costs, indicating that a significant portion of donations is directed toward its mission. The organization also maintains robust policies on conflicts of interest, whistleblower protections, and document retention, further strengthening its operational integrity.
While the available data highlights notable strengths, no specific limitations or concerns were mentioned in the reviews. This positions Girls Who Invest Inc as a highly reputable organization, effectively managing its resources to support its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Girls Who Invest Inc legitimate?
Girls Who Invest Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Girls Who Invest 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: $1,081,820
Professional Fundraising Fees: $0
Other Salaries and Wages: $702,870
For more financial information, click here
Official website here: www.girlswhoinvest.org
What is the mission statement of Girls Who Invest Inc?
Girls Who Invest Inc is committed to enhancing gender diversity in the asset management industry, specifically in portfolio management and executive leadership positions. Through their Summer Intensive Program, they offer an immersive four-week academic training, imparting essential finance and investment concepts taught by esteemed educational partners. Upon successful completion of this program, scholars secure a seven-week paid internship at a leading asset management firm, providing valuable experiential learning opportunities. The organization's mission aims to foster the growth and empowerment of women in finance, ultimately contributing to a more balanced and inclusive industry landscape.
Official website here: www.girlswhoinvest.org
Who is the CEO of Girls Who Invest Inc?
Katherine Jollon Colsher is the Director of Girls Who Invest Inc. The CEO's salary of Girls Who Invest Inc is $335,412 and their total compensation is $336,532.
Official website here: www.girlswhoinvest.org
What is the revenue of Girls Who Invest Inc?
Girls Who Invest Inc's revenue in 2022 was $12,776,923.
Official website here: www.girlswhoinvest.org
Who are the executives of Girls Who Invest Inc and what are their salaries?
The average compensation at Girls Who Invest Inc during 2022 was $148,724. There are 12 employees at Girls Who Invest Inc.
Here are 16 key members and their salaries (Girls Who Invest Inc's CEO's salary is $335,412 and their total compensation is $336,532):
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- Compensation: $335,412
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- Other: $1,120
- Compensation: $149,492
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- Other: $14,230
- Compensation: $149,998
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- Other: $11,321
- Compensation: $126,913
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- Other: $10,399
- Compensation: $131,818
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- Other: $4,856
Official website here: www.girlswhoinvest.org
Where can I find the form 990 for Girls Who Invest Inc?
Girls Who Invest Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.girlswhoinvest.org
Learn more at the official website: www.girlswhoinvest.org
Mission Statement of Girls Who Invest Inc
Girls Who Invest Inc is a mission-driven organization dedicated to enhancing gender diversity in the asset management industry. With a vision to increase the representation of women in portfolio management and executive leadership, the nonprofit has designed an innovative program to equip young women with the essential finance and investment knowledge.
The cornerstone of Girls Who Invest Inc's initiative is its intensive Summer Intensive Program. Spanning over four weeks, this academic training program engages scholars in core finance and investment concepts, imparted by esteemed educational partners. Upon successful completion of the academic phase, participants are rewarded with a seven-week paid internship at a leading asset management firm. Through this comprehensive experience, young women gain practical experience and valuable industry connections, thereby enhancing their career prospects.
Girls Who Invest Inc's commitment to fostering female talent extends beyond the Summer Intensive Program. By providing access to essential finance and investment education, the organization aims to inspire the next generation of women leaders in the asset management industry. With a strong focus on empowering and uplifting, Girls Who Invest Inc continues to make significant strides towards achieving its mission.
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Impact
October, 2024
Girls Who Invest Inc has a significant impact on the asset management industry by addressing the gender gap in portfolio management and executive leadership. Through its Summer Intensive Program, the organization provides participants with comprehensive academic training in core finance and investment concepts, delivered by leading educational partners. This program not only equips aspiring female finance professionals with essential skills but also facilitates a practical, real-world experience through a 7-week paid internship at top asset management firms. By fostering the growth of women in investment roles, Girls Who Invest is actively contributing to a more diverse and inclusive financial landscape, ultimately influencing the future of asset management.
This information is meant to be a general summary of Girls Who Invest 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 2022.
- Investment Income: $59,127
- Gross Receipts: $12,776,923
Assets and Liabilities:
- Total Assets: $17,263,658
- Total Liabilities: $727,652
- Net Assets: $16,536,006
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Organization Details
Founding Year
2015
Phone
(212) 439-5677Principal Officer
Katherine Jollon Colsher
Main Address
28 LIBERTY ST FL6, NEW YORK, NY, 10005
Website
www.girlswhoinvest.orgNTEE Category
Code: J22 - Employment
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