Overview
What is Texas Women's Foundation?
Texas Women's Foundation is a nonprofit organization based in Dallas, Texas, dedicated to enhancing the economic security of women and girls in the state. Their mission involves investing in solutions that tackle the root causes of women's financial insecurity and work towards reversing them. They provide knowledge and tools for financial management, improve financial capability, and offer access to necessary work supports such as education, child care, healthcare, and housing. The foundation conducts original research and leverages leading research from around the world to guide its granting, inform donors and partners, and strengthen its advocacy voice for women and girls. In the fiscal year ending June 30, 2022, Texas Women's Foundation invested $4.5 million in economic security grants, research, and programs impacting women and girls across Texas. Through their work, the foundation empowers women and girls to drive positive change. With a team of 19 dedicated individuals, they strive to drive social and economic change through three strategic pillars: economic security, leadership, and empowering women's philanthropy.
Official website here: www.txwf.org
What are the reviews and ratings of this charity?
**Texas Women's Foundation (EIN: 752048261) - Charity Navigator Rating: 100% (Four-Star out of Four Stars)**
The Texas Women's Foundation has earned an impressive Four-Star rating from Charity Navigator, signifying its exceptional performance in accountability and finance. With a perfect score of 100% solely in this area, the organization exemplifies transparency and effective management. Key strengths include a fully independent board and a strong track record in resource management, reflecting a commitment to fiscal responsibility and ethical governance.
Specific highlights from their financial standing include a program expense ratio of over 78%, indicating that a substantial portion of funds goes directly to programs rather than administrative costs. Their liability to assets ratio stands at a minimal 9.78%, suggesting a solid financial foundation. Additionally, they demonstrate strong fundraising efficiency, with just $0.10 needed to raise a dollar, enhancing their ability to maximize donor contributions.
User reviews from GreatNonprofits were not available, limiting insights from the community or beneficiaries regarding the organization's impact or service satisfaction. However, the overall metrics provided suggest a well-managed nonprofit dedicated to its mission of empowering women in Texas.
This AI summary has been generated from information found on Charity Navigator.
Is Texas Women's Foundation legitimate?
Texas Women's Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Texas Women's Foundation 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: $826,870
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,081,637
For more financial information, click here
Official website here: www.txwf.org
What is the mission statement of Texas Women's Foundation?
The Texas Women's Foundation aims to drive social and economic change for women and girls through three strategic pillars: economic security, leadership, and empowering women's philanthropy. Their actions are guided by core values of integrity, inclusivity, and intentionality. In the realm of economic security, the foundation works to strengthen women's financial stability by investing in solutions that address the root causes of economic insecurity and reverse them. This involves providing knowledge and tools for financial management, enhancing financial capability, improving job opportunities, and ensuring access to essential work supports such as education, child care, health care, and housing. The foundation also conducts original research and leverages leading research from organizations worldwide to inform its granting, donors, and partners, thereby strengthening its credible voice for women and girls. In the fiscal year ending June 30, 2022, the foundation invested $4.5 million in economic security grants, research, and programs impacting women and girls across the state.
Official website here: www.txwf.org
Who is the CEO of Texas Women's Foundation?
Michelynn Woodard is the Director, Immediate Past Chair of Texas Women's Foundation. The CEO's salary of Texas Women's Foundation is $0 and their total compensation is $0.
Official website here: www.txwf.org
What is the revenue of Texas Women's Foundation?
Texas Women's Foundation's revenue in 2022 was $8,443,158.
Official website here: www.txwf.org
Who are the executives of Texas Women's Foundation and what are their salaries?
The average compensation at Texas Women's Foundation during 2022 was $100,448. There are 19 employees and 154 volunteers at Texas Women's Foundation.
Here are 53 key members and their salaries (Texas Women's Foundation's CEO's salary is $0 and their total compensation is $0):
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- Other: $14,533
Official website here: www.txwf.org
Where can I find the form 990 for Texas Women's Foundation?
Texas Women's Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.txwf.org
Learn more at the official website: www.txwf.org
Mission Statement of Texas Women's Foundation
Texas Women's Foundation invests in the power of women and girls to drive positive change. Their mission is centered around social and economic change for women and girls, achieved through three strategic pillars: economic security, leadership, and empowering women's philanthropy. The foundation's actions are guided by core values of integrity, inclusivity, and intentionality.
Under the economic security pillar, Texas Women's Foundation works to strengthen the financial stability of women and girls in Texas. They accomplish this by investing in solutions that address the root causes of women's economic insecurity and reverse them. The foundation provides women and girls with knowledge and tools for financial management, training that boosts their financial capability and job opportunities, and access to essential work supports such as education, childcare, healthcare, and housing. They also produce original research and leverage leading research from organizations worldwide to inform their granting, guide donors and partners, and strengthen their credible voice for women and girls.
In essence, Texas Women's Foundation is committed to empowering women and girls financially, equipping them with the necessary skills and resources to secure a stable future. Their mission is to drive change by investing in solutions that address the systemic issues affecting women's economic security, providing a platform for women's philanthropy, and fostering leadership among women to create a more equitable society.
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Impact
July, 2024
Texas Women's Foundation drives social and economic change for women and girls through a focus on economic security, leadership, and empowering women's philanthropy. Specifically, the foundation invests in solutions that address the root causes of women's economic insecurity, providing knowledge, tools, training, and access to essential supports like education, childcare, healthcare, and housing. In the year ended June 30, 2022, Texas Women's Foundation invested $4.5 million in economic security grants, research, and programs that positively impacted women and girls across Texas. This substantial investment demonstrates the foundation's commitment to improving the economic outcomes and overall well-being of women and girls in the state.
This information is meant to be a general summary of Texas Women's Foundation. 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: $1,323,365
- Program Service Revenue: $505,579
- Gross Receipts: $26,594,740
Assets and Liabilities:
- Total Assets: $33,197,240
- Total Liabilities: $3,004,076
- Net Assets: $30,193,164
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM REVENUE
Revenue
$505,579
Organization Details
Founding Year
1985
Phone
(214) 965-9977Principal Officer
Michelynn Woodard
Main Address
8150 NORTH CENTRAL EXPY 110, DALLAS, TX, 75206
Website
www.txwf.orgNTEE Category
Code: T00 - Philanthropy
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