Overview
What is Washington Women's Foundation?
Washington Women's Foundation is a collective of dedicated, informed, and purposeful women who pool their resources to grant funds to nonprofit organizations in Washington State. In 2022, they distributed a collective sum of $453,000, with major grants of $100,000 each, smaller merit awards, and additional grants to grantees for leadership and self-care. This process involves over 60-70 members investing over 2,000 hours annually, engaging in a review procedure with the grantees, and addressing justice and equity issues that the organizations tackle. The foundation's mission is to influence community transformation through collective discovery, high-impact grant-making, and respecting all voices in their community. With a strong and inclusive collective, they strive to make a significant impact in Washington State.
Official website here: www.wawomensfdn.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100%, Four-Star out of Four Stars
The Washington Women's Foundation has achieved an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial transparency. The organization's overall score is a perfect 100%, reflecting their strong commitment to best practices in nonprofit governance. This rating is derived from an excellent Accountability & Finance score, showcasing their effective oversight and management of resources.
Strengths of the foundation include a fully independent board of directors, which is crucial for maintaining objectivity in decision-making. The foundation scored exceptionally well in various categories, such as having no material diversion of assets, an impressive program expense ratio of 79.33%, and comprehensive policies regarding conflict of interest and whistleblower protections. These factors collectively underscore their reliability and dedication to serving their mission effectively.
No significant limitations were noted in the available data, indicating that the Washington Women's Foundation operates with a high degree of integrity and transparency. Their robust financial practices and governance structures set a strong example for other nonprofits in the sector.
This AI summary has been generated from information found on Charity Navigator.
Is Washington Women's Foundation legitimate?
Washington Women's Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Washington 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: $252,329
Professional Fundraising Fees: $0
Other Salaries and Wages: $202,853
For more financial information, click here
Official website here: www.wawomensfdn.org
What is the mission statement of Washington Women's Foundation?
The Washington Women's Foundation is a collective of informed and purposeful women who pool their resources to make high-impact grants to non-profit organizations in their community. Their mission is to influence community transformation by engaging in individual and collective discovery, making strategic grants, and listening to and respecting all voices in their community. They leverage their collective resources to grant funds, with significant grants going to three organizations each year, as well as providing smaller merit grants to participants who did not become finalists but were involved in the grant application process. The foundation's members invest a substantial amount of time annually in the grant-making process, studying justice and equity issues addressed by the grantee organizations.
Official website here: www.wawomensfdn.org
Who is the CEO of Washington Women's Foundation?
Maria Kolby-Wolfe is the President of Washington Women's Foundation. The CEO's salary of Washington Women's Foundation is $166,018 and their total compensation is $183,734.
Official website here: www.wawomensfdn.org
What is the revenue of Washington Women's Foundation?
Washington Women's Foundation's revenue in 2022 was $1,400,911.
Official website here: www.wawomensfdn.org
Who are the executives of Washington Women's Foundation and what are their salaries?
The average compensation at Washington Women's Foundation during 2022 was $75,864. There are 6 employees and 165 volunteers at Washington Women's Foundation.
Here are 19 key members and their salaries (Washington Women's Foundation's CEO's salary is $166,018 and their total compensation is $183,734):
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- Compensation: $166,018
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- Other: $17,716
- Compensation: $76,789
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- Other: $14,862
Official website here: www.wawomensfdn.org
Where can I find the form 990 for Washington Women's Foundation?
Washington Women's Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wawomensfdn.org
Learn more at the official website: www.wawomensfdn.org
Mission Statement of Washington Women's Foundation
The Washington Women's Foundation is a collective of strong, informed, and purposeful women who utilize their resources to make high-impact grants to non-profit organizations in Washington State. This organization's mission is rooted in community transformation, achieved through individual and collective discovery, high-impact grant making, and by respecting and listening to all voices within their community.
This collective of women works together to influence change by reviewing grant applications, participating in the grant-making process, and studying the justice and equity issues that the grantee organizations address. In 2022, the foundation granted a total of $453,000 in collective grants, consisting of three major grants of $100,000 each, three finalist merit awards of $25,000 each, and additional leadership and self-care grants to each of the grantees. The grants were made to regional non-profit organizations, and the members of the foundation invested over 2,000 hours annually in the collective grant-making process.
In summary, the Washington Women's Foundation is a powerful collective of women who leverage their resources to make a significant impact in their community by providing grants to non-profit organizations and actively participating in the grant-making process while addressing justice and equity issues.
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Impact
July, 2024
Washington Women's Foundation, a collective of strong and informed women, makes a high impact through its collective grant-making efforts. In 2022, the foundation granted a total of $453,000 to Washington State non-profit organizations. This included significant grants of $100,000 each, finalist merit awards of $25,000 each, and additional leadership and self-care grants to grantees. Members invest over 2,000 hours annually in the grant-making process, engaging in review procedures with grantees and studying the justice and equity issues addressed by grantee organizations. The foundation's collective efforts influence community transformation through individual and collective discovery, high-impact grant-making, and a commitment to listening to and respecting all voices in the community.
This information is meant to be a general summary of Washington 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: $167,703
- Gross Receipts: $1,856,872
Assets and Liabilities:
- Total Assets: $5,967,963
- Total Liabilities: $250,581
- Net Assets: $5,717,382
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Organization Details
Founding Year
1995
Phone
(206) 340-1710Principal Officer
Maria Kolby-Wolfe
Main Address
2100 24TH AVE S 330, SEATTLE, WA, 98144
Website
www.wawomensfdn.orgNTEE Category
Code: T20 - Philanthropy
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