Overview
What is Idaho Womens Charitable Foundation?
The Idaho Women's Charitable Foundation is a philanthropic organization based in Boise, Idaho. With around 400 members, their primary focus is on educating women about community needs and encouraging them to make a positive impact through informed philanthropy. They achieve this by collaboratively identifying and distributing grants to various Idaho non-profit organizations operating in areas such as cultural arts, education, financial stability, environment, health, and rural communities. The foundation also provides members with the opportunity to individually direct a portion of their annual contribution to chosen 501(c)(3) organizations. During the fiscal year 2022, they distributed pooled grants amounting to $262,476 and individually directed grants amounting to $163,978, while also contributing to their endowment.
Official website here: www.iwcfboise.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star rating
The Idaho Women's Charitable Foundation has achieved an impressive 97% rating from Charity Navigator, signifying a strong commitment to accountability and finance. This high score is derived entirely from a single beacon score, which indicates exceptional organizational practices, particularly in financial management and transparency.
The foundation boasts a fully independent board, with all 16 members meeting the criteria for independence, which contributes to its governance strength. Additionally, there are no reported material diversions of assets, and the organization has a solid ratio of program expenses, with 87.71% of its expenditures directed towards its mission, showcasing effective resource allocation.
While the rating reflects robust policies in conflict of interest, whistleblower protection, and document retention, the high level of transparency and accountability suggests that the nonprofit is well-managed and dedicated to its charitable goals. Overall, the Idaho Women's Charitable Foundation stands out as a reputable organization with commendable financial health and governance.
This AI summary has been generated from information found on Charity Navigator.
Is Idaho Womens Charitable Foundation legitimate?
Idaho Womens Charitable Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Idaho Womens Charitable 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:
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Other Salaries and Wages: $13,340
For more financial information, click here
Official website here: www.iwcfboise.org
What is the mission statement of Idaho Womens Charitable Foundation?
The Idaho Women's Charitable Foundation (IWCF) is dedicated to philanthropy, education, and grant making. Its primary objective is to enlighten women about community needs and encourage them to contribute positively to their community through informed philanthropy. With a membership of approximately 400 women, many of them actively participate in the grants committee, a collaborative seven-month initiative to identify potential grant recipients who can maximize positive impact with the pooled grant funds. Pooled grants are distributed across six interest areas – cultural arts, education, financial stability, environment, health, and rural communities – based on an annual IWCF membership vote. Through this collaborative process and attending IWCF-sponsored educational events, members enhance their skills and knowledge for making informed grant decisions. Additionally, some members have the option to direct a portion of their annual membership contribution to selected 501(c)(3) organizations.
Official website here: www.iwcfboise.org
Who is the CEO of Idaho Womens Charitable Foundation?
Mikel Ward is the President of Idaho Womens Charitable Foundation.
Official website here: www.iwcfboise.org
What is the revenue of Idaho Womens Charitable Foundation?
Idaho Womens Charitable Foundation's revenue in 2022 was $549,710.
Official website here: www.iwcfboise.org
Who are the executives of Idaho Womens Charitable Foundation and what are their salaries?
The average compensation at Idaho Womens Charitable Foundation during 2022 was $6,670. There are 2 employees and 140 volunteers at Idaho Womens Charitable Foundation.
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Official website here: www.iwcfboise.org
Where can I find the form 990 for Idaho Womens Charitable Foundation?
Idaho Womens Charitable Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.iwcfboise.org
Learn more at the official website: www.iwcfboise.org
Mission Statement of Idaho Womens Charitable Foundation
The Idaho Women's Charitable Foundation, a philanthropic organization, is dedicated to educating women about community needs and inspiring its members to positively impact their community through informed philanthropy. With approximately 400 women as members, the foundation encourages collaboration and collective decision-making by having many of its members serve on the grants committee. This committee works together for seven months, researching and recommending potential grant recipients who can create the most significant positive impact with the pooled grant funds collected during the period. The grants are awarded annually, based on a membership vote, in six different interest areas: cultural arts, education, financial stability, environment, health, and rural communities.
By participating in this collaborative process and attending IWCF-sponsored educational events, members develop the necessary skills and knowledge to make informed grant choices. Some members choose to direct a portion of their annual membership contribution, $500, to specific 501(c)(3) organizations. In summary, the Idaho Women's Charitable Foundation empowers women to contribute to their community's well-being by fostering education, collaboration, and informed philanthropy.
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Impact
July, 2024
The impact of Idaho Women's Charitable Foundation is significant in the community, as it educates women about local needs and empowers them to make a positive difference through informed philanthropy. With a membership of over 400 women, the foundation conducts collaborative efforts to research and recommend grant recipients in various focus areas such as cultural arts, education, financial stability, environment, health, and rural communities.
Through their grant-making programs, Idaho Women's Charitable Foundation distributed a total of $262,476 to Idaho non-profit organizations in the last fiscal year. Additionally, members directed $163,978 to individually selected non-profits and contributed $15,367 to the endowment fund. This demonstrates the tangible impact of the foundation's efforts in supporting organizations that serve the community and address critical needs in various sectors.
This information is meant to be a general summary of Idaho Womens Charitable 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: $64,113
- Gross Receipts: $562,668
Assets and Liabilities:
- Total Assets: $1,250,604
- Total Liabilities: $8,212
- Net Assets: $1,242,392
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Organization Details
Founding Year
2001
Phone
(208) 343-4923Principal Officer
Mikel Ward
Main Address
9454 Fairview Ave Suite 120, Boise, ID, 83704
Website
www.iwcfboise.orgNTEE Category
Code: T30 - Philanthropy
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