2018-08-10T16:25:19-05:00 2017-12-31 910189318 Moss Adams LLP 101 Second Street Suite 900 San Francisco CA 94105 990 2017-01-01 411685134 Women's Funding Network WOME 4154410706 156 2nd Street San Francisco CA 94105 Cynthia Nimmo President & CEO 4154410706 2018-08-06 1 Joua V Lo P01225144 4159561500 2018-07-31 2017 2022-09-23 18:48:47Z Cynthia Nimmo 156 2nd Street San Francisco CA 94105 2630275 0 X www.womensfundingnetwork.org X 1990 MN See Page 2, Part III, Line 1 16 16 8 20 0 0 1075025 2210116 165021 323688 1537 22711 0 73760 1241583 2630275 0 151812 0 0 702806 691593 0 0 75859 430728 695881 1133534 1539286 108049 1090989 624282 1765636 38405 65493 585877 1700143 X As a global network and a movement for social justice, we will accelerate women's leadership and invest in solving critical social issues from poverty to global security - by bringing together the financial power, influence, and voices of women's funds. 0 0 596562 2812 124151 Partnership for Women's Prosperity - a learning community of 6 women's foundations advancing women's economic security lead by Women's Funding Network 150000 Strong Sector grant provided funding to explore racial equity among out members and to strengthen internal and external communications and programming to include a racial equity lens. This was done through research, convenings and online education. 352500 149000 Advancing Two Generation engagement and strategies amount women's foundations provides curate learning opportunities, in person convenings conferences, coaching, webinars, and technical assistance to advance an effective strategy for advancing economic security among women and their families. 150000 199537 Transparency Project - Women's Funding Network conducted research on the grantmaking practices of our members. 150000 199537 1249062 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 21 0 1 8 1 0 0 0 0 0 0 0 0 0 0 X 16 16 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 CA X Marcia Cone 4154410706 156 2nd Street San Francisco CA 94105 Roslyn Dawson Thompson Chair 3.00 X X 0 0 0 K Sujata Vice Chair 3.00 X X 0 0 0 Carol Penick Secretary and Treasurer 3.00 X X 0 0 0 Mary Crooks Board Member (Thru 12/2017) 3.00 X 0 0 0 Julie Castro Abrams Board Member 3.00 X 0 0 0 Carol Andreae Board Member 3.00 X 0 0 0 Abigail Burgesson Board Member 3.00 X 0 0 0 Elizabeth Barajas Roman Board Member 3.00 X 0 0 0 Janelle Cavanaugh Board Member 3.00 X 0 0 0 Amina Dickerson Board Member 3.00 X 0 0 0 Laura Garcia Board Member 3.00 X 0 0 0 Francoise Girard Board Member 3.00 X 0 0 0 Barbara Williams Hardy Board Member 3.00 X 0 0 0 Mary Stutts Board Member 3.00 X 0 0 0 Suzanne Peters Board Member 3.00 X 0 0 0 Charlie C Campbell Board Member 3.00 X 0 0 0 Cynthia Nimmo President & CEO 40.00 X 166509 0 15179 166509 0 15179 1 0 1 0 0 2210116 2210116 Conference Fees 900099 199537 199537 Membership dues 900099 124151 124151 323688 22711 22711 Other Income 900099 73760 73760 73760 2630275 323688 0 96471 X 151812 151812 181689 60563 60563 60563 448403 448403 15069 15069 3289 3289 43143 35085 4029 4029 6437 6437 71656 71656 264054 264054 31267 20000 11267 32900 25000 7900 8170 8170 40299 40299 61569 61569 166481 166481 150 150 10964 10964 7800 7800 Professional Developmen 4567 4567 Printing 1783 1783 -12216 -12216 1539286 1249062 214365 75859 37790 115506 12671 276035 0 993000 14505 16995 9384 5628 14718 3756 536976 360344 7622 0 624282 1765636 33840 65493 4565 0 38405 65493 X 415017 557143 170860 1143000 585877 1700143 624282 1765636 1090989 30475 -7198 0 X 0 1 X 0 0 X 1664670 584234 501197 1075025 2210116 6035242 1664670 584234 501197 1075025 2210116 6035242 2801200 3234042 26709 64650 -8749 1537 22711 106858 9585 2200 5339 73760 90884 6232984 1261074 0.51890 0.66480 X Schedule A, Part II, Line 10, Explanation of Other Income: Miscellaneous receipts - 2013 Amount: $ 9,585. 2014 Amount: $ 2,200. 2015 Amount: $ 5,339. 2017 Amount: $ 73,760. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 1554291 1554291 227715 56929 0 0 227914 186504 188353 227715 830486 1245729 56979 46626 47088 56929 207622 311433 9384 5628 3756 3756 X Part X, Line 2: WFN and WFNF are considered public charities and are exempt from Federal income tax under Section 501(c)(3) of the Internal Revenue Code. WFN and WFNF are also exempt from State income tax. WFN is exempt from state tax under Minnesota Taxation Code Section 317A and both WFN and WFNF under State of California Revenue and Taxation Code Section 23701d. Only unrelated business income is subject to federal and state income tax. Management believes that all of the Network's income is related to its exempt purpose. Accordingly, no provision for income taxes has been made in the accompanying consolidated financial statements. The Network has no unrecognized tax benefits or uncertain tax positions as of December 31, 2017. 1 Dallas Women's Foundation Campbell Centre II 8150 N Central Expressway 110 Dallas TX 75206 752048261 501(c)(3) 21813 General Support Women's Fund of Greater Birmingham 2201 5th Avenue S Birmingham AL 35233 450952468 501(c)(3) 50000 General Support Women's Foundation of Colorado Inc 1901 E Asbury Drive Denver CO 80210 841039305 501(c)(3) 25000 General Support Women's Foundation of Southern Arizona 1661 N Swan Road Suite 150 Tucson AZ 85712 311660702 501(c)(3) 50000 General Support 4 0 Part I, Line 2: WFN released a Request for Proposal to members of the network with specific critieria and guidelines for the applicants to follow. Amount of the grant awards was part of the RFP. WFN provided an in person convening for all interested applicants to review critieria for eligibility and guidelines, award amounts, and review process. Review process was conducted by 4 experts in the grant funding area who scored and deliberated and made recommendations for funding. Final review and approval was given by the CEO and Chief Strategist. Selected organizations were provided with a grant review letter outlining the specifics of the funding, reporting, and grant award. All award letters were signed by the CEO of the funded organization and the CEO of WFN. X X X X 0 0 0 0 0 0 0 0 0 Cynthia Nimmo President & CEO 166509 0 0 0 0 0 7313 0 7866 0 181688 0 0 0 Form 990, Part 1, Line 5 and Part VII, Section B Since 2003, the Women's Funding Network has maintained a co-employment agreement with TriNet, a professional employer organization providing outsourced human resources and employer services. In this arrangement, TriNet is the employer of record, payroll, benefits, and other functions involving employer-related administration. Total personnel costs (including salaries, benefits, payroll taxes and fees) were $691,592. This total is included in the 990 Part IX Statement of Functional Expenses in lines 5 through 10, as it includes amounts paid to officers, additionally disclosed in the 990 Part VII Section A and on Schedule J. Form 990, Part VI, Section A, line 6 Members vote on the election of board members and any change to the membership criteria. Form 990, Part VI, Section A, line 7a Voting members have the right to vote on the election of board members and any change to the membership criteria. Form 990, Part VI, Section A, line 7b See description for Part VI, Line 7a. Form 990, Part VI, Section B, line 11b Form 990 Review Policy: Women's Funding Network recognizes that the governance role of its Board includes the annual review of the Form 990. Accordingly, the organization facilitated review of the Form 990 by the entire Board immediately after the 990 was filed. Board review procedures for Form 990: Senior management of the organization is responsible for the timely preparation of the Form 990. The completed Form 990 will be provided to the Finance Committee of the Board immediately after the filing deadline (given the scheduled board meeting date) to enable a detailed and conscientious review by all members of the committee. All questions, concerns, etc. of the Finance Committee members will be addressed by the Chief Strategist and incorporated into the Form 990 as appropriate. Form 990, Part VI, Section B, line 12c The organization requires all Board members to disclose any known or potential conflicts of interest at the time of appointment to the Board using a pre-defined Conflict of Interest Disclosure and Acknowledgement form. These forms are reviewed by the CEO and by the Executive Committee for accuracy, completeness and to identify actual or potential conflicts of interest. Board members possessing a conflict of interest are prohibited from participation in deliberations, actions and votes on matters associated directly or indirectly to those conflicts. Board members are further required to update their Conflict of Interest forms annually through the duration of their current and any subsequent terms. Form 990, Part VI, Section B, line 15 For 2017, the Executive Committee is composed entirely of people that have no conflict of interest. The Committee is responsible for conducting the performance review and salary adjustment of the President/Chief Executive Officer. The performance review process includes a compensation survey of comparable organizations, research for published salary benchmarks, and discussion among the Committee. The review and recommendation is documented and submitted to the Board of Directors. The Board then discusses the recommendation and decides on the compensation annually. The Board decisions are documented and approved by the Chair of the Board of Directors. The last compensation review for the Chief Executive Officer was in 2017. Salary for the head financial position in the organization is determined by the CEO and is based on, among other factors, current salary statistics for the same position within geographically local and comparably sized nonprofit organizations, the current financial health of the organization and with the assistance and input from the Board, local peer organizations and other professional sources. The most recent compensation review and adjustment took place December 31, 2012. Form 990, Part VI, Section C, line 19 Governing documents and conflict of interest policy are available to the public upon request. Externally audited Financial Statements are available on the organization website. Form 990, Part IX, line 11g Technology Consulting: Program service expenses 18,956. Management and general expenses 0. Fundraising expenses 0. Total expenses 18,956. Other Fees for Services: Program service expenses 245,098. Management and general expenses 0. Fundraising expenses 0. Total expenses 245,098. Women's Funding Network Foundation 156 2nd Street San Francisco CA 94105 204754887 Support Women's Funding Network CA 501(C)(3) 12-I Women's Funding Network 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0