2019-06-12T10:13:03-05:00 2018-12-31 410746749 CLIFTONLARSONALLEN LLP 901 N GLEBE ROAD SUITE 200 ARLINGTON VA 22203 990 2018-01-01 521681028 THE LEADERSHIP FOUNDATION LEAD 2023871010 1155 15TH STREET NW NO 1000 WASHINGTON DC 20005 STEPHANIE O'KEEFE CHIEF EXECUTIVE OFFICER 2023871010 2019-06-11 1 HEMALI PATEL P01337292 5712279500 67.137.57.251 2019-06-11 09:52:50 ED P 2EEED599B99E77CDBDF45BEBFA9D7EF6A807E359 EC8E3AB080DBEC95795E073DF7D20F3E654B0034 2018 2019-02-21 02:37:17Z STEPHANIE O'KEEFE 1155 15TH STREET NW NO 1000 WASHINGTON DC 20005 8775932 0 X WWW.IWFORUM.ORG/LEADERSHIP_FOUNDATION.ASPX X 1990 DC WE ADVANCE THE CAREERS OF HIGH-POTENTIAL WOMEN THROUGH LEADERSHIP DEVELOPMENT PROGRAMS. 20 20 0 22 0 0 354522 421455 538546 1298498 524880 440098 433 1955 1418381 2162006 0 0 0 0 439047 479631 0 0 38249 1156992 1326986 1596039 1806617 -177658 355389 6855549 6718728 697898 850352 6157651 5868376 X THE LEADERSHIP FOUNDATION, ESTABLISHED IN 1990, IS A SUPPORTING ORGANIZATION OF THE INTERNATIONAL WOMEN'S FORUM (IWF)-AN INVITATION-ONLY, MEMBERSHIP ORGANIZATION COMPRISED OF MORE THAN 7,000 DIVERSE AND ACCOMPLISHED WOMEN FROM 33 NATIONS ON SIX CONTINENTS. THE FOUNDATION IS THE MECHANISM BY WHICH IWF MEMBERS ADVANCE THE NEXT GENERATION OF WOMEN LEADERS. THE FOUNDATION ACCELERATES THE CAREERS OF TOP-PERFORMING WOMEN BY OFFERING MENTORING, NETWORKING AND WORLD-CLASS LEADERSHIP DEVELOPMENT TRAINING. THE FOUNDATION SEEKS TO INCREASE THE NUMBER OF WOMEN IN THE C-SUITE AND POSITIONS OF INFLUENCE GLOBALLY AND FULFILLS THIS MISSION THROUGH TWO CENTRAL PROGRAMS - THE FELLOWS PROGRAM AND THE WOMEN ATHLETES BUSINESS NETWORK (WABN) PROGRAM. 0 0 972542 850438 FELLOWS PROGRAM:NOW IN ITS 25TH 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.SINCE PARTICIPATING IN THE IWF LEADERSHIP FOUNDATION'S FELLOWS PROGRAM, MANY ALUMNAE HAVE PROGRESSED TO TOP LEADERSHIP POSITIONS IN THEIR CAREERS. 267616 79010 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. 221569 229050 WABN: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. 100393 GOVERNANCE:THE LEADERSHIP FOUNDATION CONDUCTS THREE GOVERNANCE MEETINGS PER CALENDAR YEAR TO PROVIDE FINANCIAL OVERSIGHT AND SUPPORT THE STRATEGIC DIRECTION AND GROWTH OF THE ORGANIZATION. 100393 1562120 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 X 7 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 HOLLY CANNON PRESIDENT 1.00 X X 0 0 0 MARGO PROVOST TREASURER 1.00 X X 0 0 0 TONI RANDOLPH VICE PRESIDENT 1.00 X X 0 0 0 MAGDALENA CARRAL DIRECTOR 1.00 X 0 0 0 KATHLEEN CARROLL DIRECTOR 1.00 X 0 0 0 KATHRYN CHECCHI DIRECTOR 1.00 X 0 0 0 DONNA DE VARONA DIRECTOR 1.00 X 0 0 0 PATRICIA ISAIAS ESTRADA DIRECTOR 1.00 X 0 0 0 BARBARA FAULKENBERRY DIRECTOR 1.00 X 0 0 0 LOU KERR DIRECTOR 1.00 X 0 0 0 FRANCOISE LYON DIRECTOR 1.00 X 0 0 0 JANICE MCDONALD DIRECTOR 1.00 X 0 0 0 MARY LEE MONTAGUE DIRECTOR 1.00 X 0 0 0 SUE RENKIN DIRECTOR 1.00 X 0 0 0 ESTHER SILVER-PARKER DIRECTOR 1.00 X 0 0 0 CAROL SISCO DIRECTOR 1.00 X 0 0 0 ALISON TAUNTON-RIGBY DIRECTOR 1.00 X 0 0 0 GERTRUDE TUMPEL-GUGERELL DIRECTOR 1.00 X 0 0 0 TERESA WEINTRAUB DIRECTOR 1.00 X 0 0 0 MARTY WIKSTROM DIRECTOR 1.00 X 0 0 0 TOTSIE MEMELA DIRECTOR 1.00 X 0 0 0 STEPHANIE O'KEEFE CHIEF EXECUTIVE OFFICER 12.00 43.00 X 96426 289277 18587 HEATH NASH CHIEF OPERATING OFFICER 6.00 49.00 X 26209 235880 20564 JESSA MORRISON EXECUTIVE DIRECTOR 34.00 11.00 X 119525 13281 12807 KATYA WILDGEN VP CREATIVE SERVICES 6.00 34.00 X 15418 87369 11683 257578 625807 63641 1 0 1 0 INSEAD BOULEVARD DE CONSTANCE FONTAINEBLEAU FR 77300 EXECUTIVE EDUCATION 186208 CICERO RESEARCH 35 N RIO GRANDE SALT LAKE CITY UT 84101 CONSULTING 147000 HARVARD BUSINESS SCHOOL SOLDIER FIELD BOSTON MA 02163 EXECUTIVE EDUCATION 131175 3 421455 421455 FELLOWS PROGRAM 900099 850438 850438 FALL CONFERENCES 900099 229050 229050 WABN 900099 140000 140000 25 ANNIVERSARY 900099 79010 79010 1298498 101303 101303 6952721 6613926 338795 338795 338795 1955 1955 1955 2162006 1298498 0 442053 X 129337 77046 52291 286688 220763 46314 19611 12655 9900 1876 879 25485 18186 5590 1709 25466 18292 5954 1220 5402 3868 1278 256 50778 24991 24123 1664 39085 39085 192298 183591 2454 6253 13914 9655 3818 441 8784 5681 1849 1254 56521 40597 13216 2708 160611 159069 844 698 357599 357429 170 1484 1066 347 71 15418 11068 3613 737 2385 1713 558 114 TRAINING 408956 408956 0 0 13751 10249 3038 464 1806617 1562120 206248 38249 266201 559343 476588 440714 249900 202953 5067 8235 20082 10335 205 9747 5857588 5497736 6855549 6718728 178039 184571 320833 462321 199026 203460 697898 850352 X 154819 221235 830122 353856 5172710 5293285 6157651 5868376 6855549 6718728 355389 -644664 0 X 0 1 X 1 0 X X 1 INTERNATIONAL WOMEN'S FORUM 840919612 10 1 1562120 0 1 1562120 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: 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. SUPPORT USED EXCLUSIVELY FOR SEC 170(C) (2) (B): 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. 5995732 120575 -204921 271845 5639541 5340074 23000 854801 222143 5995732 5330792 200 229377 220295 5340074 5536024 9104 32787 247123 5330792 5499207 55276 239940 258399 5536024 0.06140 0.93860 0 0 15582 9335 6247 4500 1000 3500 9747 DUE TO INTERNATIONAL WOMEN'S FORUM 203460 203460 X 1509602 -644664 31345 -613319 2122921 39085 39085 2162006 1798877 31345 31345 1767532 39085 39085 1806617 PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE FOUNDATION REQUIRES THAT A TAX POSITION BE RECOGNIZED OR DERECOGNIZED BASED ON A "MORE-LIKELY-THAN-NOT" THRESHOLD. THIS APPLIES TO POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE FOUNDATION DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE, OR REFLECT, ANY UNCERTAIN TAX POSITIONS. THE FOUNDATION'S IRS FORM 990, RETURN OF AN ORGANIZATION EXEMPT FROM INCOME TAX, IS SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE GENERALLY FOR THREE YEARS AFTER IT IS FILED. EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES TRAINING PROGRAMS 186208 0 0 0 0 0 0 186208 0 186208 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 STEPHANIE O'KEEFE CHIEF EXECUTIVE OFFICER 96426 289277 0 0 0 0 4125 12375 522 1565 101073 303217 0 0 HEATH NASH CHIEF OPERATING OFFICER 26209 235880 0 0 0 0 1573 14153 484 4354 28266 254387 0 0 PART I, LINE 3 ESTABLISHING THE COMPENSATION OF THE ORGANIZATION'S CEO: THE FOUNDATION RELIES ON IWF, A RELATED ORGANIZATION, TO ESTABLISH THE COMPENSATION FOR THE CHIEF EXECUTIVE OFFICER. PART V LINE 2B FILING OF FEDERAL EMPLOYMENT TAX RETURNS NO EMPLOYMENT TAX RETURNS ARE FILED BY THE FOUNDATION. THE INTERNATIONAL WOMEN'S FORUM ("IWF"), A RELATED ORGANIZATION, IS THE ORGANIZATION THAT FILES ALL EMPLOYMENT RETURNS. THE CEO AND EMPLOYEES EMPLOYED BY IWF PERFORM ACTIVITIES FOR BOTH IWF AND THE FOUNDATION AND THEIR TIME IS ALLOCATED AMONG THE TWO ORGANIZATIONS ON A PRE-DETERMINATION RATIO THAT'S ADJUSTED ACCORDINGLY WHEN NEEDED ON A SEMI-ANNUAL BASIS. 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, IWF PRESIDENT, AND THE CORPORATE SECRETARY. FORM 990, PART VI, SECTION A, LINE 7A THE NOMINATING COMMITTEE SHALL BE COMPRISED OF THE IWF 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 IWF 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 IWF EXECUTIVE COMMITTEE. IF THE SLATE IS NOT ACCEPTED BY A MAJORITY VOTE OF THE BOARD AND/OR IS NOT APPROVED BY THE IWF EXECUTIVE COMMITTEE, THE NOMINATING COMMITTEE WILL RECONVENE TO SELECT A NEW SLATE TO BE CONSIDERED BY THE BOARD AND THE IWF 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 A COMPLETED COPY OF FORM 990 IS FURNISHED TO THE FOUNDATION'S EXECUTIVE DIRECTOR, THE TREASURER, BOARD OF DIRECTORS AND THE CHIEF EXECUTIVE OFFICER PRIOR TO FILING THE FORM. 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. FORM 990, PART IX, LINE 11G PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 183,591. MANAGEMENT AND GENERAL EXPENSES 2,454. FUNDRAISING EXPENSES 6,253. TOTAL EXPENSES 192,298. INTERNATIONAL WOMENS FORUM 1155 15TH STREET NW SUITE 1000 WASHINGTON DC 20005 840919612 PUBLIC POLICY DC 501(C)(6) N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 INTERNATIONAL WOMENS FORUM INC P 155301 TIME ALLOCATED