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Women's Foundation Of Minnesota

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 411635761 ✦ Minneapolis, MN ✦ Designated as a 501(c)(3)

Overview

What is Women's Foundation Of Minnesota?

The Women's Foundation of Minnesota is a nonprofit organization dedicated to fostering gender and racial equity in Minnesota. They accomplish this by distributing grants worth $2.4 million annually, supporting initiatives related to safety, leadership, holistic well-being, and economic justice for women, girls, and gender-expansive individuals. Their equity-focused approach considers various intersecting factors, such as gender, race, place, and additional identities, to create transformative change in communities with the most barriers and disparities. The Foundation's grants support general operating expenses, ensuring flexibility for organizations to sustain community programs. Their community investments in FY23 reached 152 nonprofits and 17 individuals, serving more than 111,000 individuals. Funds like the Community Response Fund, Fund for Safety, girlsBEST, We Thrive, and the Young Women's Initiative of Minnesota contribute to this mission, with a strong commitment to Greater Minnesota and inclusivity.


Official website here: www.wfmn.org

Is Women's Foundation Of Minnesota legitimate?

Women's Foundation Of Minnesota is a legitimate nonprofit organization registered as a 501(c)(3) entity. Women's Foundation Of Minnesota 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.

Here are some key statistics you may want to consider:

Executive Compensation: $506,205
Professional Fundraising Fees: $109,500
Other Salaries and Wages: $1,665,494

For more financial information, click here


Official website here: www.wfmn.org

What is the mission statement of Women's Foundation Of Minnesota?

The Women's Foundation of Minnesota, as a community foundation, invests in innovation to drive gender and racial equity. The organization's mission is to foster change by providing grants and resources to support safety, leadership, holistic well-being, and economic justice for women, girls, and gender-expansive individuals in Minnesota. They employ an Intersectional Equity Framework to address the unique challenges faced by communities with disparities and barriers. Their grants primarily support general operating expenses, providing organizations with flexibility to strengthen community-based programs. In the fiscal year 2022-2023, the foundation distributed $2.4 million in grants to 152 organizations and individuals, benefiting over 111,000 people in various programs.


Official website here: www.wfmn.org

Who is the CEO of Women's Foundation Of Minnesota?

Gloria Perez is the Chair of Women's Foundation Of Minnesota. The CEO's salary of Women's Foundation Of Minnesota is $250,361 and their total compensation is $284,204.


Official website here: www.wfmn.org

What is the revenue of Women's Foundation Of Minnesota?

Women's Foundation Of Minnesota's revenue in 2023 was $11,550,455.


Official website here: www.wfmn.org

Who are the executives of Women's Foundation Of Minnesota and what are their salaries?

The average compensation at Women's Foundation Of Minnesota during 2023 was $83,527. There are 26 employees and 67 volunteers at Women's Foundation Of Minnesota.

Here are 23 key members and their salaries (Women's Foundation Of Minnesota's CEO's salary is $250,361 and their total compensation is $284,204):

    Gloria Perez (President And Ceo)
  • Compensation: $250,361
  • Related: $0
  • Other: $33,843

    • Heidi Walsh (Vp Finance And Operations)
  • Compensation: $175,953
  • Related: $0
  • Other: $37,708

    • Jennifer Lowman Day (Director Communications)
  • Compensation: $114,946
  • Related: $0
  • Other: $27,244

    • Lacora Bradford Kesti (Vp Community Impact)
  • Compensation: $117,180
  • Related: $0
  • Other: $7,022

    • Carolyn Van Nelson (Controller)
  • Compensation: $106,208
  • Related: $0
  • Other: $16,725

    • Chanida Potter (Vp Narrative Change)
  • Compensation: $109,891
  • Related: $0
  • Other: $2,734

    • Elizabeth Kingsr Dev And (Planned Giving Officer)
  • Compensation: $102,156
  • Related: $0
  • Other: $7,148

    • Nevada Littlewolf (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chanda Smith Baker (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Debarati Sen (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • George Martin (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brenda Quaye (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anita Patel (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Adair Mosely (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sandra Vargas (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Valerie Spencer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Fatima Said (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Vanessa Goodthunder (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Katherine Hayes (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ed Heisler (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kris Maritz (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rajni Shah (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elizabeth Tolzmann (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.wfmn.org

    Where can I find the form 990 for Women's Foundation Of Minnesota?

    The Women's Foundation Of Minnesota’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.wfmn.org

    Learn more at the official website: www.wfmn.org

    Mission Statement of Women's Foundation Of Minnesota

    The Women's Foundation of Minnesota (WFMN) is a community foundation with a mission to drive gender and racial equity in Minnesota. They invest in innovation, aiming to address the unique challenges faced by women, girls, and gender-expansive individuals in various communities. WFMN recognizes that inequity manifests differently in each community, hence they employ an Intersectional Equity Framework to identify and address intersecting factors such as gender, race, place, and additional identities.

    The foundation's grantmaking efforts in the 2022-2023 fiscal year saw the allocation of $2.4 million to support safety, leadership, holistic well-being, and economic justice. Their grants primarily focus on general operating expenses, providing organizations with the flexibility necessary to build stability around community-sustaining programs. WFMN's investments in FY23 reached 152 nonprofit organizations and 17 individuals, serving a total of 111,805 people across Minnesota.

    In line with their mission, WFMN has established several funds to support their cause. These funds, including the Community Response Fund, Fund for Safety, girlsBEST, We Thrive, and the Young Women's Initiative of Minnesota (YWI MN), aim to provide resources and opportunities to communities in need, particularly those facing the greatest barriers and disparities. Through these funds, WFMN aims to create a more equitable Minnesota where women, girls, and gender-expansive individuals can thrive.

    Impact

    This information is meant to be a general summary of Women's Foundation Of Minnesota. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    The Women's Foundation of Minnesota's impact is significant in driving gender and racial equity in the state. They awarded $2.4 million in grants to support safety, leadership, well-being, and economic justice for women, girls, and gender-expansive people, serving over 111,000 individuals. Their grants focus on addressing reproductive justice, gender-based violence, economic opportunities for young women, and generational wealth-building for BIPOC, low-wealth, and rural individuals. Through their various funds and programs like girlsBEST and We Thrive, they have made a tangible difference in the lives of thousands of individuals by empowering them to achieve their full potential and create a more equitable society.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $121,751
  • Program Service Revenue: $0
  • Gross Receipts: $12,811,761

    • Assets and Liabilities:
  • Total Assets: $35,113,777
  • Total Liabilities: $885,584
  • Net Assets: $34,228,193
  • Organization Details

    Founding Year

    1983

    Principal Officer

    Gloria Perez

    Main Address

    105 5th Ave S 300, Minneapolis, MN, 55401

    NTEE Category

    Code: T310 - Philanthropy

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