2023-01-12T00:00:00-06:00 2022-05-31 410746749 CLIFTONLARSONALLEN LLP 1301 WEST 22ND STREET SUITE 1100 OAK BROOK IL 60523 990 2021-06-01 363396932 ZONTA FOUNDATION FOR WOMEN ZONT 6309281400 1200 HARGER ROAD 330 OAK BROOK IL 60523 ALLISON SUMMERS EXECUTIVE DIRECTOR 6309281400 2022-12-15 1 ALLISON SUMMERS 999009999 MELISSA STRUCK P01310867 6305738600 2022-12-15 3 AAL1 IAL1 2021 2023-03-07 01:45:13Z 1200 HARGER ROAD 330 OAK BROOK IL 60523 27970940 0 X WWW.ZONTA.ORG X PUBLIC FOUNDATION 1986 IL PROVIDE SUPPORT FOR INTERNATIONAL SERVICE AND EDUCATIONAL PROGRAMS OF ZONTA INTERNATIONAL. 11 11 0 26790 0 0 2430891 3342665 0 0 287984 3704814 0 0 2718875 7047479 4558500 726000 0 0 142727 109559 0 0 198273 285138 274998 4986365 1110557 -2267490 5936922 19731050 19386049 2086904 13621 17644146 19372428 X THE MISSION OF THE ZONTA FOUNDATION OF WOMEN IS TO RAISE AND PROVIDE FINANCIAL RESOURCES FOR ZONTA INTERNATIONAL SERVICE PROJECTS AND EDUCATIONAL PROGRAMS. THE FOUNDATION IS A NOT-FOR-PROFIT CORPORATION SUPPORTED BY VOLUNTARY CONTRIBUTIONS FROM ZONTA MEMBERS, CLUBS, DISTRICTS AND FRIENDS OF ZONTA WHO SHARE ITS VISION FOR A BETTER WORLD FOR WOMEN AND GIRLS. ZONTA INTERNATIONAL IS A LEADING GLOBAL ORGANIZATION OF PROFESSIONALS EMPOWERING WOMEN WORLDWIDE THROUGH SERVICE AND ADVOCACY. ZONTA INTERNATIONAL ENVISIONS A WORLD IN WHICH WOMEN'S RIGHTS ARE RECOGNIZED AS HUMAN RIGHTS AND EVERY WOMAN IS ABLE TO ACHIEVE HER FULL POTENTIAL. IN SUCH A WORLD, WOMEN HAVE ACCESS TO ALL RESOURCES AND ARE REPRESENTED IN DECISION MAKING POSITIONS ON A BASIS EQUAL WITH MEN. IN SUCH A WORLD, NO WOMEN LIVE IN THE FEAR OF VIOLENCE. 0 0 726000 726000 ZONTA FOUNDATION FOR WOMEN SUPPORTS 118 FELLOWSHIPS, SCHOLARSHIPS AND AWARDS TO WOMEN AND GIRLS FROM 45 COUNTRIES. THE FOLLOWING APPROVED CHARITABLE AND EDUCATIONAL PROGRAMS ARE SUPPORTED BY ZONTA FOUNDATION FOR WOMEN. AMELIA EARHART FELLOWSHIPTO ASSIST THE FUTURE OF WOMEN IN AEROSPACE-RELATED SCIENCES AND ENGINEERING, ZONTA INTERNATIONAL ESTABLISHED THE AMELIA EARHART FELLOWSHIP IN 1938 IN HONOR OF LEGENDARY PILOT AND ZONTIAN, AMELIA EARHART. TODAY, THE FELLOWSHIP OF US$10,000 IS AWARDED ANNUALLY TO UP TO 35 TALENTED WOMEN, PURSUING PH.D./DOCTORAL DEGREES IN AEROSPACE-RELATED SCIENCES OR AEROSPACE-RELATED ENGINEERING AROUND THE GLOBE. JANE M. KLAUSMAN WOMEN IN BUSINESS SCHOLARSHIPTO ENCOURAGE MORE WOMEN TO PURSUE EDUCATION AND CAREERS IN BUSINESS, ZONTA INTERNATIONAL ESTABLISHED THE JANE M. KLAUSMAN WOMEN IN BUSINESS SCHOLARSHIP. ZONTA INTERNATIONAL OFFERS UP TO 32 SCHOLARSHIPS OF US$2,000 EACH AT THE DISTRICT/REGION LEVEL AND SIX INTERNATIONAL SCHOLARSHIPS IN THE AMOUNT OF US$8,000 EACH. YOUNG WOMEN IN PUBLIC AFFAIRS AWARDRECOGNIZING THAT TO BRING ABOUT SUSTAINABLE CHANGES THAT BENEFIT ALL OF HUMANITY, WOMEN MUST HAVE EQUAL PARTICIPATION IN THE DECISION-MAKING PROCESS, ZONTA INTERNATIONAL ESTABLISHED THE YOUNG WOMEN IN PUBLIC AFFAIRS AWARD IN 1990. THE AWARD RECOGNIZES YOUNG WOMEN, AGES 16-19, WHO DEMONSTRATE SUPERIOR LEADERSHIP SKILLS AND A COMMITMENT TO PUBLIC SERVICE AND CIVIC CAUSES, AND ENCOURAGES THEM TO CONTINUE THEIR PARTICIPATION IN PUBLIC AND POLITICAL LIFE. UP TO TEN (10) INTERNATIONAL SCHOLARSHIPS OF US$5,000 EACH AND UP TO 32 DISTRICT/REGION SCHOLARSHIPS OF US$1,500 EACH ARE AWARDED EACH YEAR.WOMEN IN TECHNOLOGYZONTA INTERNATIONAL WAS PLEASED TO SUPPORT THE ZONTA INTERNATIONAL WOMEN IN TECHNOLOGY SCHOLARSHIPS TO ENCOURAGE WOMEN TO PURSUE EDUCATION, CAREER OPPORTUNITIES AND LEADERSHIP ROLES IN INFORMATION TECHNOLOGY. TWENTY SCHOLARSHIPS OF US$8,000 WERE AWARDED. 726000 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 1 0 0 1 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 2 0 0 0 1 UK 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AK AR CA CO DC FL GA HI IL KS KY ME MD MA MI MN MS NH NJ NM NY NC ND OH OK OR PA SC TN UT VA WA WI RI NV CT WV VT X X ALLISON SUMMERS EXECUTIVE DIRECTOR 6309281400 1200 HARGER ROAD 330 OAK BROOK IL 60523 SHARON LANGENBECK PRESDIENT 5.00 25.00 X X 0 0 0 UTE SCHOLZ PRESIDENT-ELECT 8.00 20.00 X X 0 0 0 SALLA TUOMINEN VICE PRESIDENT 0.50 13.00 X X 0 0 0 MARI MCKENZIE TREASURER/SECRETARY 8.00 16.00 X X 0 0 0 HORTENSE CHEKETE DIRECTOR 3.00 10.00 X 0 0 0 SOUELLA MARIA CUMMING DIRECTOR 3.00 12.00 X 0 0 0 FLORENCE FISCHER-HERBER DIRECTOR 3.00 10.00 X 0 0 0 FERNANDA GALLO FRESCHI DIRECTOR 3.00 15.00 X 0 0 0 AKIKO KINOSHITA DIRECTOR 3.00 9.00 X 0 0 0 DORTE M OLESEN DIRECTOR 3.00 12.00 X 0 0 0 INA WASSERLING DIRECTOR 2.00 9.00 X 0 0 0 ALLISON SUMMERS EXECUTIVE DIRECTOR 7.00 39.00 X 0 204846 24070 0 204846 24070 0 0 1 0 0 148446 3194219 3342665 712775 712775 23915500 20923461 2992039 2992039 2992039 7047479 0 0 3704814 204000 204000 522000 522000 109559 109559 87725 87725 33509 33509 8653 8653 60308 53212 7096 35112 35112 DONOR RECOGNITION 37853 37853 LICENSING FEES 9839 9839 DUES AND SUBSCRIPTIONS 1999 1999 1110557 726000 186284 198273 1672999 1264570 135364 35127 43394 222647 22796 28280 60843 17748675 17638574 10338 23418 92000 118074 19731050 19386049 9458 13621 2000000 77446 0 2086904 13621 X 9412519 9571368 8231627 9801060 17644146 19372428 19731050 19386049 X 5936922 -4161245 -47395 X X 0 1 X 1 0 X 4363476 2708851 3669294 2430891 3342665 16515177 4363476 2708851 3669294 2430891 3342665 16515177 615452 15899725 523017 459826 546964 426593 712775 2669175 19184352 0.82880 0.83060 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7422282 808224 -135215 8095291 5908366 323904 1190012 7422282 4921693 913331 109905 36563 5908366 4429939 439018 95060 42324 4921693 3326249 1023862 79828 4429939 0.04409 0.95590 0 0 0 X PART V, LINE 4: THE ORGANIZATION'S ENDOWMENTS CONSIST OF FUNDS ESTABLISHED TO SUPPORT A VARIETY OF FELLOWSHIPS, SCHOLARSHIPS AND GRANTS. PART X, LINE 2: THE ORGANIZATION FOLLOWS THE REQUIREMENTS FOR ACCOUNTING FOR UNCERTAIN TAX POSITIONS. THE ORGANIZATION HAS DETERMINED THAT THEY ARE NOT REQUIRED TO RECORD A LIABILITY RELATED TO UNCERTAIN TAX POSITIONS AS OF MAY 31, 2022 AND 2021. 1 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 0 0 GRANTS TO RECIPIENTS LOCATED IN THE REGION 78500 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 GRANTS TO RECIPIENTS LOCATED IN THE REGION 205500 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 GRANTS TO RECIPIENTS LOCATED IN THE REGION 34500 SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 0 0 GRANTS TO RECIPIENTS LOCATED IN THE REGION 23500 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 0 0 GRANTS TO RECIPIENTS LOCATED IN THE REGION 110500 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 GRANTS TO RECIPIENTS LOCATED IN THE REGION 31500 RUSSIA AND NEIGHBORING STATES 0 0 GRANTS TO RECIPIENTS LOCATED IN THE REGION 12000 MIDDLE EAST AND NORTH AFRICA 0 0 GRANTS TO RECIPIENTS LOCATED IN THE REGION 26000 0 0 0 0 0 0 522000 0 522000 YWPA AWARDS EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 9 18500 CASH PAYMENT JMK SCHOLARSHIPS EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 7 22000 CASH PAYMENT AMELIA EARHART FELLOWSHIPS EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 3 30000 CASH PAYMENT AMELIA EARHART FELLOWSHIPS EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIU 13 130000 CASH PAYMENT YWPA AWARDS EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIU 7 15500 CASH PAYMENT JMK SCHOLARSHIPS EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIU 6 20000 CASH PAYMENT AMELIA EARHART FELLOWSHIPS NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 1 10000 CASH PAYMENT YWPA AWARDS NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 3 14500 CASH PAYMENT JMK SCHOLARSHIPS NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 1 2000 CASH PAYMENT JMK SCHOLARSHIPS SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 1 2000 CASH PAYMENT AMELIA EARHART FELLOWSHIPS SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 2 20000 CASH PAYMENT JMK SCHOLARSHIPS SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 2 12000 CASH PAYMENT YWPA AWARDS SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 1 6500 CASH PAYMENT AMELIA EARHART FELLOWSHIPS SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 6 60000 CASH PAYMENT JMK SCHOLARSHIPS SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 3 14000 CASH PAYMENT YWPA AWARDS SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 1 1500 CASH PAYMENT WOMEN IN TECHNOLOGY EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 1 8000 CASH PAYMENT WOMEN IN TECHNOLOGY EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIU 5 40000 CASH PAYMENT JMK SCHOLARSHIPS MIDDLE EAST AND NORTH AFRICA 1 2000 CASH PAYMENT WOMEN IN TECHNOLOGY MIDDLE EAST AND NORTH AFRICA 3 24000 CASH PAYMENT WOMEN IN TECHNOLOGY NORTH AMERICA 1 8000 CASH PAYMENT AMELIA EARHART FELLOWSHIPS RUSSIA AND NEIGHBORING STATES 1 10000 CASH PAYMENT JMK SCHOLARSHIPS RUSSIA AND NEIGHBORING STATES 1 2000 CASH PAYMENT YWPA AWARDS SOUTH AMERICA 1 1500 CASH PAYMENT WOMEN IN TECHNOLOGY SOUTH ASIA 4 32000 CASH PAYMENT WOMEN IN TECHNOLOGY SUB-SAHARAN AFRICA 2 16000 CASH PAYMENT 0 0 0 0 0 0 PART I, LINE 2: THE FOUNDATION COLLECTS INFORMATION FROM GRANT RECIPIENTS TO ESTABLISH THAT THE FUNDS ARE SPENT ACCORDING TO THE TERMS OF THE GRANT OBJECTIVES. PART I, LINE 3: EXPENDITURES ARE ACCOUNTED FOR ON THE ACCRUAL BASIS OF ACCOUNTING. PART III ACCOUNTING METHOD: 1 AE FELLOWSHIPS 10 100000 BOOK VALUE N/A YWPA AWARDS 10 40000 BOOK VALUE N/A JMK SCHOLARSHIPS 8 32000 BOOK VALUE N/A WOMEN IN TECHNOLOGY 4 32000 BOOK VALUE N/A PART I, LINE 2: ZONTA COLLECTS INFORMATION FROM GRANT RECIPIENTS TO ESTABLISH THAT THE FUNDS ARE SPENT ACCORDING TO THE TERMS OF THE GRANT OBJECTIVES. 1 0 0 0 0 0 0 0 0 0 ALLISON SUMMERS EXECUTIVE DIRECTOR 0 204846 0 0 0 0 0 10244 0 13826 0 228916 0 0 PART I, LINE 3 SEE SCHEDULE O FORM 990, PART VI, SECTION A, LINE 6 ZONTA INTERNATIONAL IS A CORPORATE MEMBER. FORM 990, PART VI, SECTION A, LINE 7A THE OFFICERS AND DIRECTORS OF THE FOUNDATION SHALL BE THOSE INDIVIDUALS SERVING FROM TIME TO TIME AS OFFICERS AND DIRECTORS OF ZONTA INTERNATIONAL. THE OFFICERS AND DIRECTORS SHALL CONSTITUTE THE ZONTA FOUNDATION FOR WOMEN BOARD. ANY VACANCY OCCURRING IN THE BOARD SHALL BE FILLED BY THE CORPORATE MEMBER. FORM 990, PART VI, SECTION A, LINE 7B THE CORPORATE MEMBER MUST APPROVE THE FOLLOWING ACTIONS BY THE BOARD: AMENDMENT OR RESTATEMENT OF THE ARTICLES OF INCORPORATION OR BYLAWS; MERGER, CONSOLIDATION, DISSOLUTION, OR SALE, LEASE, EXCHANGE, MORTGAGE OR PLEDGE OF THE ASSETS OF THE FOUNDATION; AND ANY OTHER ACTION FOR WHICH MEMBERSHIP ACTION IS REQUIRED UNDER THE ILLINOIS NOT-FOR-PROFIT CORPORATION ACT. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT 990 IS SENT TO THE INTERNATIONAL PRESIDENT, TREASURER AND OTHER US MEMBERS OF THE EXECUTIVE COMMITTEE ON BEHALF OF THE BOARD FOR REVIEW. THE PRESIDENT AND THE TREASURER APPROVE THE 990 FOR SUBMISSION. THE BOARD HAS GIVEN SIGNATURE AUTHORITY TO THE EXECUTIVE DIRECTOR. THE COMPLETE 990 IS DISTRIBUTED TO THE FULL BOARD. FORM 990, PART VI, SECTION B, LINE 12C THE FOUNDATION CLOSELY MONITORS THE CONFLICT OF INTEREST STATUS OF THEIR EMPLOYEES, DIRECTORS, OFFICERS AND COMMITTEE MEMBERS AND REQUIRES THAT ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST BE FULLY DISCLOSED TO THE BOARD AND COMMITTEE MEMBERS FOR REVIEW. ONCE THE TRANSACTION OR ARRANGEMENT HAS BEEN VOTED ON BY THE GOVERNING BOARD AND COMMITTEES, THE FINAL DECISION IS GIVEN TO THE INTERESTED PERSON. THE TRANSACTION OR ARRANGEMENT IN QUESTION IS THEN MONITORED WITH UPDATES ON THE "CONFLICT AND PERIODIC REVIEWS BY THE GOVERNING BOARD AND COMMITTEE MEMBERS. FORM 990, PART VI, SECTION B, LINE 15 SERVICES FOR THE FOUNDATION ARE PERFORMED BY EMPLOYEES OF ZONTA INTERNATIONAL. IN DETERMINING THE COMPENSATION FOR THE EXECUTIVE DIRECTOR, THE ZONTA INTERNATIONAL'S BOARD CONDUCTS EXTENSIVE RESEARCH ABOUT THE COMPENSATION LEVELS OF THE NOT-FOR-PROFIT SECTOR AND COMPARES THE DUTIES OF THE POSITION TO THOSE OF SIMILAR ORGANIZATIONS WHILE ALSO TAKING INTO CONSIDERATION THE INDIVIDUAL'S BACKGROUND, EXPERTISE, QUALIFICATIONS AND LOCAL ECONOMIC CONDITIONS. IN DETERMINING THE COMPENSATION FOR THE OTHER OFFICERS OR KEY EMPLOYEES OF THE ORGANIZATION, THE ZONTA INTERNATIONAL'S BOARD AND EXECUTIVE TEAM RESEARCHES AND COMPARES THE COMPENSATION LEVELS OF THE NOT-FOR-PROFIT SECTOR AND COMPARES THE DUTIES OF THE POSITION TO THOSE OF SIMILAR ORGANIZATIONS WHILE ALSO TAKING INTO CONSIDERATION THE INDIVIDUAL'S BACKGROUND, EXPERTISE, QUALIFICATIONS AND LOCAL ECONOMIC CONDITIONS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE TO ZONTA INTERNATIONAL MEMBERS ON ITS WEBSITE. THESE DOCUMENTS, ALONG WITH THE FINANCIAL STATEMENTS, ARE ALSO MADE AVAILABLE AS REQUESTED THROUGH ZONTA HEADQUARTERS. THE ANNUAL AUDIT OF THE CONSOLIDATED FINANCIAL STATEMENTS, ANNUAL REPORT AND 990 ARE POSTED ON THE WEBSITE FOR ALL MEMBERS. FORM 990, PART XI, LINE 9: FOREIGN CURRENCY TRANSLATION -47,395. FORM 990, PART XI, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF THE CONSOLIDATED FINANCIAL STATEMENTS AND SELECTION OF THE INDEPENDENT ACCOUNTANT. THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT OR SELECTION PROCESS DURING THE TAX YEAR. ZONTA INTERNATIONAL 1200 HARGER ROAD SUITE 330 OAK BROOK IL 60523 361999220 MEMBER ORGANIZATION FOR THE EDUCATION AND DEVELOPMENT OF WOMEN WORLDWIDE. IL 501(C)(4) N/A N/A 0 0 0 1 1 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 ZONTA INTERNATIONAL C 148446 BOOK VALUE ZONTA INTERNATIONAL D 35074 BOOK VALUE ZONTA INTERNATIONAL M 109561 BOOK VALUE ZONTA INTERNATIONAL N 54785 BOOK VALUE ZONTA INTERNATIONAL O 32940 BOOK VALUE