Overview
What is The Women's Foundation Of Colorado?
The Women's Foundation of Colorado, based in Denver, Colorado, serves as a catalyst for fostering economic opportunities for women and their families in the state. This nonprofit organization operates through various giving vehicles, such as donor-advised funds, field of interest funds, group-advised funds, and giving circles. By doing so, it encourages philanthropy among and for women. The foundation's team conducts thorough due diligence on grant recommendations made by fund holders, ensuring accountability and oversight. Occasionally, fund advisors co-invest in the foundation's community investments and grant public policy support. With a team of 15 dedicated individuals, the Women's Foundation of Colorado plays a significant role in promoting gender equality and promoting economic empowerment in Colorado.
Official website here: www.wfco.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 100%, Four-Star out of Four Star rating.
The Women's Foundation of Colorado (WFCO) has achieved a perfect score of 100%, reflecting high standards in accountability and financial management. With an entirely independent board of 23 members, the organization demonstrates a commitment to transparency and ethical governance. The foundation excels in program expense ratio, indicating that a significant portion of its resources is directed toward its mission.
User feedback from Great Nonprofits highlights WFCO's impactful service to women and families in Colorado, particularly emphasizing its dedication to equity and support for diverse populations. Reviewers commend the organization for its effectiveness and meaningful contributions to the community. Such endorsements reinforce WFCO's positive reputation within the nonprofit sector.
While the data showcases numerous strengths, there are no noted limitations or issues in governance or financial practices. The organization's solid performance metrics suggest a well-managed entity committed to its mission of enhancing the lives of women and their families in Colorado.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is The Women's Foundation Of Colorado legitimate?
The Women's Foundation Of Colorado is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Women's Foundation Of Colorado 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: $667,387
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,292,764
For more financial information, click here
Official website here: www.wfco.org
What is the mission statement of The Women's Foundation Of Colorado?
The Women's Foundation of Colorado, as a philanthropic organization, is dedicated to catalyzing community and fostering economic opportunities for women and their families. Through their donor-driven grantmaking activities, they promote philanthropy by and for women, utilizing various funds such as donor-advised funds, field of interest funds, group-advised funds, and giving circles. The foundation conducts thorough due diligence on each grant recommendation made by fund holders, ensuring that the funds are used effectively. Occasionally, fund advisors co-invest in the foundation's community investments and grant public policy support.
Official website here: www.wfco.org
Who is the CEO of The Women's Foundation Of Colorado?
Lauren Casteel is the CEO of The Women's Foundation Of Colorado The CEO's salary of The Women's Foundation Of Colorado is $268,084 and their total compensation is $283,706.
Official website here: www.wfco.org
What is the revenue of The Women's Foundation Of Colorado?
The Women's Foundation Of Colorado's revenue in 2024 was $6,118,523.
Official website here: www.wfco.org
Who are the executives of The Women's Foundation Of Colorado and what are their salaries?
The average compensation at The Women's Foundation Of Colorado during 2024 was $122,509. There are 16 employees and 108 volunteers at The Women's Foundation Of Colorado.
Here are 28 key members and their salaries (The Women's Foundation Of Colorado's CEO's salary is $268,084 and their total compensation is $283,706):
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- Compensation: $268,084
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- Compensation: $202,730
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- Other: $12,053
- Compensation: $197,655
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- Other: $13,075
Official website here: www.wfco.org
Where can I find the form 990 for The Women's Foundation Of Colorado?
The Women's Foundation Of Colorado's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.wfco.org
Learn more at the official website: www.wfco.org
Mission Statement of The Women's Foundation Of Colorado
The Women's Foundation of Colorado, a philanthropic organization, is dedicated to stimulating and boosting economic opportunities for women and their families in the state. Their mission is to serve as a catalyst, propelling the community forward to enhance and accelerate economic advancements for Colorado women and their families. This is achieved through donor-driven grantmaking and philanthropy, which involves various giving vehicles such as donor-advised funds, field of interest funds, group-advised funds, and giving circles. These funds allow individuals and groups to contribute towards philanthropic goals that promote women's empowerment. The Women's Foundation of Colorado conducts due diligence on each grantmaking recommendation made by fund holders, ensuring that the funds are utilized effectively and efficiently. In some instances, fund advisors may co-invest in the foundation's community investments and grant-making initiatives, further bolstering their impact.
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Impact
July, 2024
The Women's Foundation of Colorado catalyzes community efforts to advance and accelerate economic opportunities for Colorado women and their families. Through donor-driven grantmaking and philanthropy, the foundation empowers individuals and groups to support initiatives that promote philanthropy by and for women. By offering various giving vehicles such as donor-advised funds, field of interest funds, group-advised funds, and giving circles, the foundation ensures that funds are strategically allocated to create a lasting impact.
Furthermore, WFCO staff diligently conducts due diligence on each grantmaking recommendation, which is then monitored by the board. In some cases, fund advisors co-invest in the foundation's community investments and provide grant support for public policy initiatives. By focusing on human services and spearheading efforts to support women's economic empowerment, The Women's Foundation of Colorado plays a vital role in driving positive change in the community.
This information is meant to be a general summary of The Women's Foundation Of Colorado. 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 2024.
- Investment Income: $816,140
- Gross Receipts: $12,727,358
Assets and Liabilities:
- Total Assets: $32,423,293
- Total Liabilities: $840,252
- Net Assets: $31,583,041
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Organization Details
Founding Year
1986
Principal Officer
Lauren Y Casteel
Website
www.wfco.orgNTEE Category
Code: P800 - Human services
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