2020-11-12T12:17:29-06:00 2019-12-31 410746749 CLIFTONLARSONALLEN LLP 220 S 6TH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2019-01-01 521681028 THE LEADERSHIP FOUNDATION LEAD 2023871010 1155 15TH STREET NW NO 1000 WASHINGTON DC 20005 STEPHANIE O'KEEFE CEO 2023871010 2020-11-11 1 KAREN GRIES P00078514 5712279500 2020-11-11 108.48.156.67 2020-11-11 14:36:00 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 87826B80F82B7742AC94E6ED7EC5993094E974B0 2019 2021-01-29 14:40:06Z STEPHANIE O'KEEFE 1155 15TH STREET NW NO 1000 WASHINGTON DC 20005 3765624 0 X WWW.IWFORUM.ORG/LEADERSHIP_FOUNDATION.ASPX X 1990 DC ADVANCE THE CAREERS OF HIGH-POTENTIAL WOMEN THROUGH LEADERSHIP DEVELOPMENT PROGRAMS. 20 20 0 24 0 0 421455 461640 1298498 955457 440098 328282 1955 1281 2162006 1746660 0 0 0 0 479631 599970 0 0 102941 1326986 1090328 1806617 1690298 355389 56362 6718729 7748325 850352 1016085 5868377 6732240 X TO ADVANCE THE NEXT GENERATION OF WOMEN LEADERS BY OFFERING MENTORING, NETWORKING AND WORLD-CLASS LEADERSHIP DEVELOPMENT TRAINING. 0 0 860083 0 932062 FELLOWS PROGRAM:NOW IN ITS 26TH YEAR, THE FELLOWS PROGRAM WAS LAUNCHED IN 1994 WITH SEED-FUNDING FROM THE U.S. LABOR DEPARTMENT AS A DIRECT RESULT OF THE GLASS CEILING COMMISSION. THE PROGRAM ANNUALLY CONVENES APPROXIMATELY 35 FELLOWS FROM AROUND THE WORLD FOR A TOTAL OF 20 DAYS, OFFERING CUSTOMIZED LEADERSHIP TRAINING FOR FEMALE EXECUTIVES ON THEIR PATH TO THE C-SUITE. THE APPROACH IS HOLISTIC AND FOCUSED ON THE PARTICIPANT'S PERSONAL AND PROFESSIONAL DEVELOPMENT, CAREER PATH, AND TRAJECTORY, WHILE EMBRACING THE VALUE OF AN OUTSIDE PERSPECTIVE. 251783 0 23395 CONFERENCES - THE LEADERSHIP FOUNDATION PARTNERS WITH IWF TO DELIVER THE HALL OF FAME AWARDS GALA AS PART OF THE IWF WORLD LEADERSHIP CONFERENCE, A PUBLIC-FACING EVENT. THE AWARD RECIPIENT(S) ARE WOMEN LEADERS TACKLING URGENT ISSUES FACING THE WORLD, WHOSE CONTRIBUTIONS TO SOCIETY ARE OUTSIZED ON A GLOBAL SCALE. RECENT AWARDEES INCLUDE: ELLEN JOHNSON SIRLEAF, HILLARY RODHAM CLINTON, AND ALICE WALTON. 242679 0 0 THE WOMEN ATHLETES BUSINESS NETWORK (WABN) PROGRAM, ESTABLISHED IN PARTNERSHIP WITH ERNST & YOUNG (EY) IN 2015, IS DESIGNED TO HELP EXCEPTIONAL FEMALE ATHLETES WITH PROVEN LEADERSHIP CAPABILITIES AND EXPERIENCE TO FURTHER REFINE, DEVELOP, AND GROW THEIR LEADERSHIP CAPACITY. EACH YEAR, THE FOUNDATION COMPETITIVELY SELECTS AND PAIRS UP TO 25 ELITE FEMALE ATHLETES WITH IWF LEADERS AND MENTORS FOR A HIGH-TOUCH MENTORING AND TRAINING EXPERIENCE. THE TRAINING COMPONENTS OF WABN INCLUDE: AN ON-CAMPUS LEADERSHIP PROGRAM AT NIKE, THE DEEDEE CORRADINI LEADERSHIP ROUNDTABLE PROGRAM, AND PARTICIPATION IN IWF'S INVITATION-ONLY WORLD LEADERSHIP CONFERENCE. EACH EXPERIENCE IS DESIGNED TO PROVIDE A SPACE FOR MENTEES TO DEEPEN THEIR PROFESSIONAL GROWTH THROUGH EXPERT-LED WORKSHOPS AS WELL AS CANDID DISCUSSIONS WITH RENOWNED LEADERS, SPORTS FIGURES, AND THEIR PEERS.SINCE 2015, OVER 120 WOMEN ATHLETES, INCLUDING 63 OLYMPIANS AND PARALYMPIANS ACROSS 25 COUNTRIES AND 43 SPORTS, HAVE BENEFITTED FROM THE WABN PROGRAM. 1354545 1 1 0 0 0 0 0 0 0 1 1 0 0 0 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 1 0 1 9 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 20 20 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 AR CA CT DC FL GA IL MD MA MI NJ NM NY OH OK OR PA UT VA WA X STEPHANIE O'KEEFE 2023871010 1155 15TH STREET NW NO 1000 WASHINGTON DC 20005 STEPHANIE O'KEEFE CHIEF EXECUTIVE OFFICER/SECRETARY 12.00 43.00 X 0 340073 41205 HEATH NASH CHIEF OPERATING OFFICER 6.00 49.00 X 0 249965 22951 JESSA COOKE EXECUTIVE DIRECTOR 34.00 11.00 X 0 146555 17536 KATYA WILDGEN VP CREATIVE SERVICES 6.00 34.00 X 0 121787 15230 TONI RANDOLPH PRESIDENT 1.00 0.00 X X 0 0 0 TOTSIE MEMELA VICE PRESIDENT 1.00 0.00 X X 0 0 0 LEEANNE LINDERMAN TREASURER 1.00 0.00 X X 0 0 0 HOLLY CANNON DIRECTOR 1.00 0.00 X 0 0 0 MAGDALENA CARRAL DIRECTOR 1.00 0.00 X 0 0 0 KATHLEEN CARROLL DIRECTOR 1.00 0.00 X 0 0 0 KATHY CHECCHI DIRECTOR 1.00 0.00 X 0 0 0 SILVIA DAVILA DIRECTOR 1.00 0.00 X 0 0 0 DONNA DE VARONA DIRECTOR 1.00 0.00 X 0 0 0 PATRICIA ESTRADA DIRECTOR 1.00 0.00 X 0 0 0 BARBARA FAULKENBERRY DIRECTOR 1.00 0.00 X 0 0 0 MARIA FERERE DIRECTOR 1.00 0.00 X 0 0 0 KARYL INNIS DIRECTOR 1.00 0.00 X 0 0 0 LOU KERR DIRECTOR 1.00 0.00 X 0 0 0 FRANCOISE LYON DIRECTOR 1.00 0.00 X 0 0 0 MARY LEE MONTAGUE DIRECTOR 1.00 0.00 X 0 0 0 MARGO PROVOST DIRECTOR 1.00 0.00 X 0 0 0 SUE RENKIN DIRECTOR 1.00 0.00 X 0 0 0 ESTHER SILVER-PARKER DIRECTOR 1.00 0.00 X 0 0 0 CAROL SISCO DIRECTOR 1.00 0.00 X 0 0 0 ALISON TAUNTON-RIGBY DIRECTOR 1.00 0.00 X 0 0 0 DEBORAH TRUDEAU DIRECTOR 1.00 1.00 X 0 0 0 TERESA V-F WEINTRAUB DIRECTOR 1.00 0.00 X 0 0 0 MARTY WIKSTROM DIRECTOR 1.00 0.00 X 0 0 0 0 858380 96922 0 0 1 0 0 109750 351890 461640 FELLOWS PROGRAM 900099 932062 932062 FALL CONFERENCES 900099 23395 23395 955457 121745 121745 2225501 2018964 206537 206537 206537 OTHER REVENUE 900099 1281 1281 1281 1746660 955457 0 329563 X 302293 236194 39118 26981 243300 141111 54613 47576 8127 4125 2106 1896 12341 7295 2734 2312 33909 23287 5905 4717 10046 2456 5999 1591 32829 32829 37377 37377 79758 55767 23244 747 57573 39584 10074 7915 138029 135641 2388 252617 252042 575 23173 15933 4055 3185 TRAINING 415071 415071 MISCELLANEOUS 42287 24883 14472 2932 MEALS AND ENTERTAINMENT 1568 1156 286 126 1690298 1354545 232812 102941 559343 538767 440714 560304 0 39200 202953 106585 8235 10332 21277 18043 9748 3234 5497736 6489903 6718729 7748325 184571 208940 462321 396572 203460 410573 850352 1016085 X 221236 202005 5647141 6530235 5868377 6732240 6718729 7748325 56362 807501 0 X 0 1 X 1 0 X X 1 INTERNATIONAL WOMEN'S FORUM 840919612 10 1 752580 0 1 752580 0 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 PART IV, SECTION A, LINE 2: PLEASE SEE THE EXPLANATION TO PART IV, SECTION A, LINE 3B. PART IV, SECTION A, LINE 3B: THE SUPPORTED ORGANIZATION IS QUALIFIED FOR EXEMPTION UNDER 501(C) (6) PER THE IRS DETERMINATION LETTER SUPPLIED TO THE ORGANIZATION. IN ADDITION, THE SUPPORTED ORGANIZATION FURNISHED A PROFORMA SCHEDULE A COMPLETION OF PART III IN EVIDENCE THAT THEY MET THE 33 1/3' PUBLIC SUPPORT TEST. THE COPY OF THE PROFORMA SCHEDULE A WILL BE HELD IN A FILE AND WILL BE MADE AVAILABLE UPON REQUEST. PART IV, SECTION A, LINE 3C: THE LEADERSHIP FOUNDATION'S ASSETS ARE USED SOLELY FOR CHARITABLE PURPOSES, EITHER TO SUPPORT THE GENERAL AND ADMINISTRATIVE COSTS OF THE ORGANIZATION OR PROGRAM LINES, WHICH BENEFIT THE PUBLIC. MEASUREMENTS IN PLACE TO ENSURE ASSETS ARE APPLIED FOR CHARITABLE PURPOSES INCLUDE THE LEADERSHIP FOUNDATION INVESTMENT POLICY, ESTABLISHED TO MANAGE HOW ENDOWMENT FUNDS ARE UTILIZED; FINANCIAL OVERSIGHT BY THE CHIEF EXECUTIVE OFFICER AND BOARD OF DIRECTORS; AND AN ANNUAL FINANCIAL AUDIT COMPLETED BY AN OUTSIDE INDEPENDENT AUDITING FIRM. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5639541 33750 1113708 264364 6522635 5995732 120575 -204921 271845 5639541 5340074 23000 854801 222143 5995732 5330792 200 229377 220295 5340074 5536024 9104 32787 247123 5330792 0.18330 0.81670 0 0 16777 13543 3234 4500 4500 0 3234 DUE TO INTERNATIONAL WOMEN'S FORUM 410573 410573 X 2541784 807501 25000 832501 1709283 37377 37377 1746660 1677921 25000 25000 1652921 37377 37377 1690298 PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM THE PAYMENT OF TAXES ON INCOME OTHER THAN NET UNRELATED BUSINESS INCOME UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE FOUNDATION REVIEWS AND ASSESSES ALL ACTIVITIES ANNUALLY TO IDENTIFY ANY CHANGES IN THE SCOPE OF THE ACTIVITIES AND REVENUE SOURCES AND THE TAX TREATMENT THEREOF TO IDENTIFY ANY UNCERTAINTY IN INCOME TAXES. FOR THE YEAR ENDED DECEMBER 31, 2019, NO PROVISION FOR INCOME TAXES WAS MADE, AS THE FOUNDATION HAD NO SIGNIFICANT NET UNRELATED BUSINESS INCOME AND DID NOT IDENTIFY ANY UNCERTAINTY IN INCOME TAX REQUIRING RECOGNITION OR DISCLOSURE IN THESE FINANCIAL STATEMENTS. AS OF DECEMBER 31, 2019 THE STATUTE OF LIMITATIONS REMAINED OPEN WITH THE U.S. FEDERAL AND VARIOUS STATE AND LOCAL JURISDICTIONS IN WHICH THE FOUNDATION FILES TAX RETURNS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. IT IS THE FOUNDATION'S POLICY TO RECOGNIZE INTEREST AND/OR PENALTIES RELATED TO UNCERTAINTY IN INCOME TAXES, IF ANY, IN INCOME TAX OR INTEREST EXPENSE. AS OF DECEMBER 31, 2019, THE FOUNDATION HAD NO ACCRUALS FOR INTEREST AND/OR PENALTIES. EUROPE 0 0 PROGRAM SERVICES TRAINING PROGRAMS 183945 0 0 0 0 0 0 183945 0 183945 0 0 0 0 0 0 PART III ACCOUNTING METHOD: 0 0 0 0 0 0 0 0 0 STEPHANIE O'KEEFE CHIEF EXECUTIVE OFFICER/SECRETARY 0 339712 0 0 0 361 0 16800 0 24405 0 381278 0 0 HEATH NASH CHIEF OPERATING OFFICER 0 249839 0 0 0 126 0 13996 0 8955 0 272916 0 0 JESSA COOKE EXECUTIVE DIRECTOR 0 146488 0 0 0 67 0 8581 0 8955 0 164091 0 0 PART I, LINE 3 THE COMPENSATION OF THE ORGANIZATION'S CEO IS ESTABLISHED BY ITS RELATED ORGANIZATION. THE RELATED ORGANIZATION RELIES UPON A COMPENSATION SURVEY OR STUDY AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE WHEN ESTABLISHING THE COMPENSATION OF THE CHIEF EXECUTIVE OFFICER. FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE MAY EXERCISE THE POWERS OF THE BOARD OF DIRECTORS WHEN THE BOARD IS NOT IN SESSION, REPORTING TO THE BOARD AT ITS NEXT SUCCEEDING MEETING FOLLOWING SUCH ACTION. THE EXECUTIVE COMMITTEE SHALL MEET, IN PERSON OR BY PHONE, UPON THREE (3) DAYS NOTICE, AND SHALL TAKE ACTION BY MAJORITY VOTE. THE COMMITTEE IS COMPRISED OF THE FOUNDATION PRESIDENT, VICE PRESIDENT, TREASURER, INTERNATIONAL WOMEN'S FORUM PRESIDENT, AND THE CORPORATE SECRETARY. FORM 990, PART VI, SECTION A, LINE 7A THE NOMINATING COMMITTEE SHALL BE COMPRISED OF THE INTERNATIONAL WOMEN'S FORUM PRESIDENT, THE FOUNDATION PRESIDENT, AND THREE (3) ADDITIONAL MEMBERS; ALL OF SUCH ADDITIONAL MEMBERS SHALL BE EITHER CURRENT OR FORMER DIRECTORS OF THE CORPORATION WHO ARE NOT AT THE TIME CANDIDATES FOR ELECTION AS DIRECTORS OF THE CORPORATION. THE ADDITIONAL MEMBERS OF THE NOMINATING COMMITTEE WILL BE DETERMINED AND APPOINTED BY MUTUAL AGREEMENT OF THE FOUNDATION PRESIDENT AND INTERNATIONAL WOMEN'S FORUM PRESIDENT AND AFFIRMED BY THE BOARD ANNUALLY. THE FOUNDATION PRESIDENT WILL SERVE AS CHAIR OF THE NOMINATING COMMITTEE. THIS COMMITTEE WILL RECOMMEND A SLATE OF POTENTIAL DIRECTORS TO FILL ANY AND ALL VACANCIES ON THE BOARD AND MAY, BUT IS NOT REQUIRED TO, NOMINATE DIRECTORS EMERITI. THE BOARD WILL VOTE ON THE SLATE OF POTENTIAL DIRECTORS AS PRESENTED AND RECOMMEND BY AFFIRMATIVE MAJORITY VOTE THE SLATE FOR FINAL APPROVAL BY THE INTERNATIONAL WOMEN'S FORUM EXECUTIVE COMMITTEE. IF THE SLATE IS NOT ACCEPTED BY A MAJORITY VOTE OF THE BOARD AND/OR IS NOT APPROVED BY THE INTERNATIONAL WOMEN'S FORUM EXECUTIVE COMMITTEE, THE NOMINATING COMMITTEE WILL RECONVENE TO SELECT A NEW SLATE TO BE CONSIDERED BY THE BOARD AND THE INTERNATIONAL WOMEN'S FORUM EXECUTIVE COMMITTEE. THE BOARD WILL VOTE ON PROPOSED DIRECTORS EMERITI (IF ANY) SEPARATELY FROM THE SLATE OF DIRECTORS AND DIRECTORS EMERITI PROPOSED BY THE NOMINATING COMMITTEE SHALL BE ELECTED UPON A MAJORITY VOTE OF THE BOARD. 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 COPY OF FORM 990 IS FURNISHED TO MANAGEMENT AND BOARD OF DIRECTORS FOR THEIR REVIEW PRIOR TO FILING. 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 FOUNDATION 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 FOUNDATION'S BEST INTEREST AND FOR ITS OWN BENEFIT; B) IS FAIR AND REASONABLE TO THE FOUNDATION; AND C) IS THE MOST ADVANTAGEOUS TRANSACTION OR ARRANGEMENT THE FOUNDATION CAN OBTAIN WITH REASONABLE EFFORTS UNDER THE CIRCUMSTANCES. 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 FOUNDATION, 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 OPERATING OFFICER BASED ON A RECOMMENDATION FROM THE SUPERVISOR. IF THE CHIEF OPERATING 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. FORM 990, PART VI, SECTION C, LINE 19 THE LEADERSHIP FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE BY-LAWS ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE. PART IX STATEMENT OF FUNCTIONAL EXPENSES THE LEADERSHIP FOUNDATION DOES NOT HAVE ITS OWN EMPLOYEES OR ISSUE W-2S. INSTEAD, THE LEADERSHIP FOUNDATION REIMBURSES A RELATED ORGANIZATION FOR THE SERVICES RENDERED TO THE ORGANIZATION BY THEIR EMPLOYEES. FOR THE PURPOSE OF REPORTING SALARIES AND BENEFITS IN THE STATEMENT OF FUNCTIONAL EXPENSES, THE AMOUNTS REIMBURSED TO THE RELATED ORGANIZATION ARE REPORTED ON THE APPROPRIATE EXPENSE LINE. INTERNATIONAL WOMENS FORUM 1155 15TH STREET NW SUITE 1000 WASHINGTON DC 20005 840919612 PUBLIC POLICY DC 501(C)(6) N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 INTERNATIONAL WOMEN'S FORUM P 713230 TIME ALLOCATIONS INTERNATIONAL WOMEN'S FORUM C 109750 CASH TRANSFER