2021-11-15T10:19:56-06:00 2020-12-31 410746749 CLIFTONLARSONALLEN LLP 901 NORTH GLEBE ROAD SUITE 200 ARLINGTON VA 22203 990 2020-01-01 840919612 INTERNATIONAL WOMEN'S FORUM INC INTE 2023871010 1155 15TH STREET NW NO 1000 WASHINGTON DC 20005 STEPHANIE O'KEEFE CHIEF EXECUTIVE OFFICER 2023871010 2021-11-15 1 STEPHANIE OKEEFE 999009999 MICHAELA J CROMAR CPA P00895728 5712279500 2021-11-12 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z STEPHANIE O'KEEFE 1155 15TH STREET NW NO 1000 WASHINGTON DC 20005 4065931 0 X WWW.IWFORUM.ORG X 1982 DC ADVANCING WOMEN'S LEADERSHIP AND CHAMPIONING EQUALITY WORLDWIDE. 23 23 15 300 0 0 1527720 821911 3265204 1405990 124818 66317 142518 643252 5060260 2937470 109750 0 0 0 1284017 1391730 0 0 0 3321508 1266425 4715275 2658155 344985 279315 5758474 5607512 2141294 1324630 3617180 4282882 X AT IWF, WE ARE COMMITTED TO ADVANCING WOMEN'S LEADERSHIP AND CHAMPIONING EQUALITY WORLDWIDE, GLOBALLY AND LOCALLY. WE BRING TOGETHER THE WORLD'S MOST EXEMPLARY AND HIGH-ACHIEVING WOMEN. WE CONNECT AND PROMOTE MORE THAN 7,000 LEADERS ACROSS 32 COUNTRIES AROUND THE WORLD. WE ARE TRULY GLOBAL. WE HAVE ELEVATED MORE THAN 500 INTERNATIONAL FELLOWS SOCIETY'S RISING STARS TO ACCELERATE THE POTENTIAL OF THE NEXT GENERATION, AND TO LEAD THE WORLD TOMORROW. WE INSPIRE, ELEVATE, AND ENABLE FEMALE LEADERS BY INCREASING THEIR CAPABILITIES, NETWORKS, AND POSSIBILITIES. IWF ORGANIZES PROGRAMMING AND PROFESSIONAL DEVELOPMENT OPPORTUNITIES TO SHARE KNOWLEDGE AND DISCUSS SOLUTIONS ON CURRENT BUSINESS CHALLENGES, DIVERSITY, GENDER EQUALITY, AND OTHER GLOBAL TOPICS. WE DO THIS THROUGH OUR LEADERSHIP DEVELOPMENT PROGRAMS, DIGITAL PROGRAMMING, CONFERENCES, EVENTS, AND THOUGHT LEADERSHIP. 0 0 674331 243831 WORLD LEADERSHIP CONFERENCE:ANNUAL MEETING OF GLOBAL MEMBERSHIP, WHICH PROMOTES UNDERSTANDING OFCRITICAL ISSUES, LEADERSHIP, EXCHANGE, TRAINING AND DEVELOPMENT OF TOPWOMEN LEADERS. 618125 25809 CORNERSTONE CONFERENCE:ANNUAL CONFERENCE HELD IN A REGION OF THE WORLD CRITICAL TO THE FUTURE, WHICH EDUCATES LEADERS ON LOCAL AND GLOBAL ISSUES OF IMPORTANCE. 626899 1093461 MEMBERSHIP:THE MEMBERSHIP PROVIDES OPPORTUNITIES TO CONNECT WOMEN LEADERS AROUND THE WORLD, ACROSS EVERY PROFESSIONAL SECTOR IN SUPPORT OF EACH OTHER AND THE COMMON MISSION OF ADVANCING WOMEN'S LEADERSHIP AND CHAMPIONING EQUALITY WORLDWIDE. FORUMS PROVIDE LOCAL PROGRAMMING AND NETWORKING EVENTS AND MEMBERS ARE INVITED TO ATTEND GLOBAL CONFERENCES. 199319 90584 HALL OF FAME AWARDS GALA:SINCE 1985, THE INTERNATIONAL HALL OF FAME AWARDS GALA HAS BEEN THE MOST IMPORTANT ANNUAL EVENT FOR THE ORGANIZATION, HONORING THE WOMEN LEADERS TACKLING URGENT ISSUES FACING THE WORLD. THE AWARDEES ARE TRANSFORMATIVE FIGURES WHOSE CONTRIBUTIONS TO SOCIETY ARE OUTSIZED ON A GLOBAL SCALE. 116515 10602 EXECUTIVE DEVELOPMENT ROUNDTABLE:IWF ALSO PROVIDES INTENSIVE LEADERSHIP TRAINING PROGRAMS FOR WOMEN AT EVERY STAGE OF PROFESSIONAL DEVELOPMENT THROUGH ITS IWF INTENSIVE PROGRAM. 315834 101186 2235189 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 21 0 15 1 0 0 0 0 1 1 0 0 0 X 23 23 0 0 1 0 1 1 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 X STEPHANIE O'KEEFE 2023871010 1155 15TH STREET NW NO 1000 WASHINGTON DC 20005 HELEN RULE CURRENT PRESIDENT 1.00 X X 0 0 0 CAROLYN CARTER CURRENT VICE PRESIDENT 1.00 X X 0 0 0 ANA MUNOZ CURRENT TREASURER 1.00 X X 0 0 0 DEBORAH TRUDEAU FORMER PRESIDENT 1.00 1.00 X X 0 0 0 ANNE DUNCAN FORMER VICE PRESIDENT 1.00 X X 0 0 0 SHARON CHRISTOPHER FORMER TREASURER 1.00 X X 0 0 0 REBECCA BARFKNECHT DIRECTOR 1.00 X 0 0 0 SHANNON BLOCK DIRECTOR 1.00 X 0 0 0 ADRIANE BROWN DIRECTOR 1.00 X 0 0 0 HOLLY CANNON DIRECTOR 1.00 X 0 0 0 KAREN CAPLAN DIRECTOR 1.00 X 0 0 0 KATHLEEN CARROLL DIRECTOR 1.00 X 0 0 0 SILVIA DAVILA DIRECTOR 1.00 X 0 0 0 DANA MORRIS DIXON DIRECTOR 1.00 X 0 0 0 ANNE DOYLE DIRECTOR 1.00 X 0 0 0 JULIE GOLDSTEIN DIRECTOR 1.00 X 0 0 0 REEM ABU HASSAN DIRECTOR 1.00 X 0 0 0 SUSAN HODKINSON DIRECTOR 1.00 X 0 0 0 RUVENI KELLEHER DIRECTOR 1.00 X 0 0 0 GABRIELA KENNEDY DIRECTOR 1.00 X 0 0 0 NANCY LAUGHTON DIRECTOR 1.00 X 0 0 0 CAMILLE MIRSHOKRAI DIRECTOR 1.00 X 0 0 0 ROSEL MOXEY DIRECTOR 1.00 X 0 0 0 ELISABETH OURLIAC DIRECTOR 1.00 X 0 0 0 MARIA PATINO DIRECTOR 1.00 X 0 0 0 SANDY STASH DIRECTOR 1.00 X 0 0 0 ALISON TAUNTON-RIGBY DIRECTOR 1.00 X 0 0 0 LAUREL BELLOWS FORMER DIRECTOR 1.00 X 0 0 0 PRISCILLA DOUGLAS FORMER DIRECTOR 1.00 X 0 0 0 LAURI FITZ-PEGADO FORMER DIRECTOR 1.00 X 0 0 0 HELENE PICHON FORMER DIRECTOR 1.00 X 0 0 0 STEPHANIE O'KEEFE CHIEF EXECUTIVE OFFICER/SE 28.00 12.00 X 235368 100872 35761 HEATH NASH CHIEF OPERATING OFFICER 36.00 4.00 X 200092 22232 18686 JESSA COOKE MANAGING DIRECTOR 36.80 3.20 X 8623 99162 12683 KATYA WILDGEN VP CREATIVE SERVICES 35.20 4.80 X 88851 12116 12786 532934 234382 79916 2 0 1 0 PAUL JOHNSON 26 MENDELSSONHOHN RD ROOSEVELT PAR JOHANNESBURG GAUTENG SF 2195 CONSULTING 113916 1 821911 821911 MEMBERSHIP DUES 900099 1084594 1084594 REGISTRATION 900099 220420 220420 SPECIAL EVENTS 900099 100825 100825 EXHIBITS 900099 151 151 1405990 55444 55444 1118533 1107660 10873 10873 10873 55368 20801 34567 32637 1930 EVENT CANCELLATION INSURANCE CLAI 900099 581441 581441 27244 25660 1584 608685 2937470 1464287 0 651272 477310 399757 77553 719880 602914 116966 46651 39071 7580 31163 26099 5064 116726 97760 18966 50961 47716 3245 106714 42889 63825 20219 20219 213952 211214 2738 40508 31787 8721 51105 31746 19359 139021 116141 22880 51711 50343 1368 359840 359109 731 57640 49495 8145 23099 16184 6915 CREDIT CARD AND BANK FE 57116 51843 5273 AWARDS/GIFTS 25000 25000 MEALS AND ENTERTAINMENT 7151 5817 1334 62388 55304 7084 2658155 2235189 422966 0 1723167 818756 36283 336819 107540 15526 215795 113212 498805 240001 327799 258804 2937317 3568571 410573 495824 5758474 5607512 315310 387143 1330053 233700 0 246237 495931 457550 2141294 1324630 X 3617180 4282882 3617180 4282882 5758474 5607512 279315 386387 0 X 0 1 X 1 0 X 821911 821911 1461357 1461357 2283268 2283268 20750 20750 0 20750 20750 2262518 55444 55444 55444 55444 608686 608686 2947398 2947398 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 251067 75331 175736 165096 108303 56793 82642 56367 26275 258804 DUE FROM LEADERSHIP FOUNDATION 495824 495824 DEFERRED RENT AND LEASE INCENTIVE 433444 CAPITAL LEASE 24106 457550 X 3428638 386387 125000 511387 2917251 20219 20219 2937470 2762936 125000 125000 2637936 20219 20219 2658155 PART X, LINE 2: PRIOR TO APRIL 2020, IWF WAS EXEMPT FROM THE PAYMENT OF TAXES ON INCOME OTHER THAN UNRELATED BUSINESS INCOME (UBI) UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE (IRC). IWF APPLIED FOR EXEMPTION UNDER IRC SECTION 501(C)(3) AND RECEIVED THIS STATUS FROM THE INTERNAL REVENUE SERVICE IN APRIL 2020. NO PROVISION FOR INCOME TAXES WAS REQUIRED FOR THE YEAR ENDED DECEMBER 31, 2020 AS IWF HAD NO NET UNRELATED BUSINESS INCOME. IWF EVALUATED ITS UNCERTAINTY IN INCOME TAXES FOR THE YEAR ENDED DECEMBER 31, 2020 AND DETERMINED THAT THERE ARE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR THAT MAY HAVE AN EFFECT ON ITS TAX-EXEMPT STATUS. AS OF DECEMBER 31, 2020, THE STATUTE OF LIMITATIONS REMAINED OPEN WITH THE U.S. FEDERAL JURISDICTION AND/OR THE VARIOUS STATES AND LOCAL JURISDICTIONS IN WHICH IWF FILES TAX RETURNS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS PENDING OR IN PROGRESS. IT IS IWF'S POLICY TO RECOGNIZE INTEREST AND PENALTIES RELATED TO UNCERTAINTY IN INCOME TAXES, IF ANY, IN INTEREST OR INCOME TAX EXPENSE. AS OF DECEMBER 31, 2020, IWF HAD NO ACCRUALS FOR INTEREST AND/OR PENALTIES. EUROPE 0 0 PROGRAM SERVICES CONFERENCE 643125 0 0 0 0 0 0 643125 0 643125 0 0 0 0 0 0 PART III ACCOUNTING METHOD: X X 0 0 0 0 0 0 0 0 0 STEPHANIE O'KEEFE CHIEF EXECUTIVE OFFICER/SE 235368 100872 0 0 0 0 11970 5130 13063 5598 260401 111600 0 0 HEATH NASH CHIEF OPERATING OFFICER 200092 22232 0 0 0 0 10904 1211 5914 657 216910 24100 0 0 FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE EXERCISES THE POWERS AND DUTIES OF THE BOARD BETWEEN BOARD MEETINGS AND WHILE THE BOARD IS NOT IN SESSION ON MATERIAL MATTERS THAT MAY ARISE IN THE INTERIM. THE EXECUTIVE COMMITTEE IMPLEMENTS THE POLICY DECISIONS OF THE BOARD AND HAS THE AUTHORITY TO EXERCISE ALL POWERS AND AUTHORITY OF THE BOARD, INCLUDING WITHOUT LIMITATION, THE POWERS AND AUTHORITY ENUMERATED IN THE BYLAWS OF THE ORGANIZATION. THE EXECUTIVE COMMITTEE IS COMPRISED OF 3 OFFICERS PLUS 2 DIRECTORS APPOINTED BY THE PRESIDENT. FORM 990, PART VI, SECTION A, LINE 4 IWF APPLIED FOR EXEMPTION UNDER IRC SECTION 501(C)(3) AND RECEIVED THIS STATUS FROM THE INTERNAL REVENUE SERVICE IN APRIL 2020. THIS CHANGE IN STATUS WAS UNDERTAKEN IN ORDER TO MERGE WITH THE LEADERSHIP FOUNDATION AND EXPAND FUNDRAISING OPPORTUNITIES ALONG WITH BETTER ALIGN IWF'S EXTERNAL FACING ACTIVITIES. FORM 990, PART VI, SECTION A, LINE 6 MEMBERS OF THE CORPORATION SHALL BE THOSE ORGANIZATIONS AT THE LOCAL AND NATIONAL LEVEL AROUND THE WORLD THAT APPLY FOR MEMBERSHIP, PAY DUES ON A SCHEDULE APPROVED BY THE BOARD, AND MEET ANY OTHER REQUIREMENTS AND CRITERIA APPROVED BY THE BOARD. MEMBERS OF THE CORPORATION SHALL ALSO BE KNOWN WITHIN THE CORPORATION AS MEMBER FORUMS. THE INDIVIDUALS WHO COMPRISE EACH MEMBER FORUM WILL BE KNOWN WITHIN THE CORPORATION AS ASSOCIATES OR MEMBER FORUM ASSOCIATES. MEMBERSHIP SHALL BE FOR ONE YEAR AT A TIME, WITH DUES PAYABLE ANNUALLY. ONLY ORGANIZATIONS, AND NOT INDIVIDUALS, CAN BE MEMBERS OF THE CORPORATION. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERSHIP (THE FORUM PRESIDENTS AS WE ARE A CONFEDERATION OF AFFILIATED FORUMS) DIRECTLY ELECTS 6 DIRECTORS TO THE BOARD. THE MEMBERSHIP, REPRESENTED BY FORUM PRESIDENTS ALSO ELECTS 3 MEMBERS OF A 10 MEMBER NOMINATING COMMITTEE. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS COMPLETED BY THE ORGANIZATION'S PUBLIC ACCOUNTING FIRM BASED ON INFORMATION PROVIDED BY MANAGEMENT. ONCE A DRAFT OF THE RETURN IS AVAILABLE, A COMPLETED COPY OF FORM 990 IS FURNISHED TO AND REVIEWED BY THE CHIEF EXECUTIVE OFFICER AND THE TREASURER. FORM 990, PART VI, SECTION B, LINE 12C WHENEVER A DIRECTOR, OFFICER, OR COMMITTEE MEMBER BECOMES AWARE OF A POTENTIAL CONFLICT OF INTEREST, WHETHER FINANCIAL OR OTHERWISE, S/HE SHALL MAKE THE SITUATION KNOWN TO THE BOARD OR COMMITTEE (AS THE CASE MIGHT BE) AND PROVIDE ALL FACTS MATERIAL TO UNDERSTANDING THE NATURE AND SCOPE OF THE CONFLICT, INCLUDING WHETHER THE INTERESTED PERSON BELIEVES HIS OR HER ABILITY TO MAKE AN INDEPENDENT DECISION BASED SOLELY ON THE BEST INTEREST OF THE IWF HAS BEEN COMPROMISED. IF THE INTERESTED PERSON INVOLVED DOES NOT MAKE THIS DISCLOSURE, ANOTHER DIRECTOR OR COMMITTEE MEMBER WITH KNOWLEDGE OF THE POTENTIAL CONFLICT SHOULD DRAW IT TO THE BODY'S ATTENTION. THE INTERESTED PERSON WITH THE POTENTIAL CONFLICT MUST RETIRE FROM THE MEETING AND NOT PARTICIPATE IN FINAL DISCUSSION AND VOTING ON THE EXISTENCE OF THE CONFLICT. IF A CONFLICT IS FOUND TO EXIST, THE INTERESTED PERSON MAY BE INVITED TO PROVIDE ANY RELEVANT INFORMATION THAT COULD BE OF USE TO THE BOARD IN MAKING ITS DECISION, BUT SHALL AGAIN RETIRE AND NOT PARTICIPATE IN THE FINAL DISCUSSION AND VOTING REGARDING THE TRANSACTION. THE BOARD OR COMMITTEE'S DECISION SHALL BE BASED ON CONSIDERATION OF WHETHER THE TRANSACTION; A.IS IN THE IWF'S BEST INTEREST AND FOR ITS OWN BENEFIT; B.IS FAIR AND REASONABLE TO THE IWF; AND C.IS THE MOST ADVANTAGEOUS TRANSACTION OR ARRANGEMENT THE IWF CAN OBTAIN WITH REASONABLE EFFORTS UNDER THE CIRCUMSTANCES. PROCEDURE: STAFF WHENEVER A STAFF MEMBER BECOMES AWARE OF A POTENTIAL CONFLICT OF INTEREST IN AN AREA WHERE S/HE EXERCISES ANY DISCRETION IN CARRYING OUT HER/HIS DUTIES FOR THE IWF, S/HE SHALL PROMPTLY DISCLOSE THE POTENTIAL CONFLICT TO AN IMMEDIATE SUPERVISOR. THE SUPERVISOR SHALL GATHER PERTINENT INFORMATION AND REPORT THE POTENTIAL CONFLICT TO THE CHIEF OPERATING OFFICER, TOGETHER WITH A RECOMMENDATION FOR ACTION. THE CHIEF OPERATING OFFICER SHALL DETERMINE WHETHER A CONFLICT EXISTS THAT REQUIRES RECUSAL OF THE INTERESTED PERSON. WHEN A CONFLICT IS FOUND TO EXIST, THE INTERESTED PERSON SHALL PROVIDE THE SUPERVISOR WITH ALL INFORMATION S/HE HAS RELEVANT TO ANY DECISION TO BE MADE IN WHICH S/HE HAS AN INTEREST, AND THE FINAL DECISION SHALL BE MADE BY THE CHIEF EXECUTIVE OFFICER BASED ON A RECOMMENDATION FROM THE SUPERVISOR. IF THE CHIEF EXECUTIVE OFFICER HAS A POTENTIAL CONFLICT, S/HE SHALL DISCLOSE IT TO THE BOARD PRESIDENT OR HIS OR HER DESIGNEE WHO SHALL DETERMINE THE EXISTENCE OF A CONFLICT. AT HIS OR HER DISCRETION, THE PRESIDENT MAY REFER THE MATTER TO A COMMITTEE OF THE BOARD OR THE FULL BOARD. ANNUAL DISTRIBUTION, ACKNOWLEDGMENT, AND DISCLOSURE THIS CONFLICT OF INTEREST POLICY SHALL BE DISTRIBUTED ANNUALLY TO ALL DIRECTORS, OFFICERS, MEMBERS OF BOARD COMMITTEES, AND STAFF. ALL COVERED INDIVIDUALS SHALL SIGN AN ANNUAL ACKNOWLEDGMENT THAT THEY HAVE RECEIVED A COPY OF THIS POLICY, UNDERSTAND IT, AND AGREE TO ABIDE BY ITS TERMS. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE CEO AND MANAGEMENT TEAM ARE MEASURED AGAINST COMPENSATION IN NONPROFIT ORGANIZATIONS STUDIES WHOSE METRICS INCLUDE THE SIZE OF STAFF, BUDGET, INTERNATIONAL REACH AND AGAINST COST FACTORS FOR THE WASHINGTON, DC METROPOLITAN AREA. FOR THE CEO, COMPENSATION IS THEN REVIEWED AND SET BY THE IWF PRESIDENT IN CONSULTATION WITH THE IWF TREASURER; AND THEN INCLUDED IN THE BUDGET REVIEWED BY THE FINANCE COMMITTEE AND IWF BOARD. ADDITIONALLY, THE CEO UNDERGOES A REVIEW EVERY YEAR BY THE PRESIDENT, MEASURING THE CEO'S PERFORMANCE AGAINST THE STRATEGIC PLAN. FORM 990, PART VI, SECTION C, LINE 19 THE INTERNATIONAL WOMENS FORUM MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE LEADERSHIP FOUNDATION 1155 15TH STREET NW SUITE 1000 WASHINGTON DC 20005 521681028 LEADERSHIP DEVELOPMENT DC 501(C)(3) LINE 12A, I N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 THE LEADERSHIP FOUNDATION Q 524607 FMV THE LEADERSHIP FOUNDATION N 106485 ALLOCATION THE LEADERSHIP FOUNDATION O 498984 ALLOCATION