2016-11-15T16:08:47-06:00 2015-12-31 910189318 Moss Adams LLP 101 Second Street Suite 900 San Francisco CA 94105 990 2015-01-01 411685134 Women's Funding Network WOME 4154410706 156 2nd Street San Francisco CA 94105 Cynthia Nimmo President & CEO 4154410706 2016-11-15 1 Lindsey Parnell P00546853 4159561500 2016-11-15 2015 2017-02-10 21:41:12Z Cynthia Nimmo 156 2nd Street San Francisco CA 94105 956035 0 X www.womensfundingnetwork.org X 1990 MN See Page 2, Part III, Line 1 13 12 7 20 0 0 584234 601197 124975 348370 8663 -8749 58187 5339 776059 946157 28000 500 0 0 998140 498884 0 0 87221 821412 714568 1847552 1213952 -1071493 -267795 994249 736348 98041 114220 896208 622128 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 268636 0 3600 Education and Learning:WFN is leading the creation of a model professional learning community for member funds working collaboratively on a particular issue. This model will provide the structure and processes for WFN to engage smaller learning clusters (5-10 funds) across the Network based on common areas of grantmaking and common goals and objectives. WFN sees this new member service enabling more effective knowledge exchange and sharing among members, as well as producing impact reports to disseminate more broadly in the field.Conduct monthly skill building webinar: WFN webinars have been the most popular member service in terms of requests and participation. In redesigning member services, WFN implements a coordinated annual webinar series that includes a series of skill building sessions for capacity building, and content experts to provide professional presentations on current issues, trends and emerging issues that serve to inform grant making strategies for services and advocacy. 139902 145347 Membership:As the largest women's philanthropic network in the world, Women's Funding Network's core work is providing membership services to 160 women funds and foundations in the U.S. and abroad. The main services include: Recruitment, enrollment and orientation for new membersWFN Annual Conference: The conference focuses on Network leadership and professional development, donor education, and measuring the Network's collective impact. Workshops are designed to bring a gender lens analysis to essential skill building, knowledge exchange, best practice examples, grant making and program models suited for replication, and creative and effective donor engagement. 17180 500 0 Additional services including Grant Making, research and policy and social enterprise services. 364147 199423 Annual Conference 364147 199423 789865 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 17 0 1 7 1 0 0 0 0 0 0 0 0 0 0 X 13 12 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 CA X X Reza Badiee 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 Mary Crooks Secretary 3.00 X X 0 0 0 Carol Penick Treasurer 3.00 X X 0 0 0 Cynthia Nimmo President & CEO 40.00 X X 151667 0 15179 Laura Garcia Board Member 3.00 X 0 0 0 Amina Dickerson Board Member 3.00 X 0 0 0 Jane Sloane Board Member 3.00 X 0 0 0 Sharmila Rao Thakkar Board Member 3.00 X 0 0 0 Riki Wilchins Board Member 3.00 X 0 0 0 Julie 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 151667 0 15179 1 0 1 0 0 601197 601197 Conference Fees 900099 199423 199423 Membership dues 900099 148947 148947 348370 1129 1129 9878 -9878 -9878 -9878 Other Revenue 900099 5339 5339 5339 946157 348370 0 -3410 X 500 500 166846 66738 66738 33370 269397 157845 88230 23322 3987 2053 1416 518 25263 13006 8974 3283 33391 17190 11862 4339 6889 1639 1089 4161 41 41 227098 169995 55376 1727 44843 16646 22478 5719 91781 26324 58812 6645 22247 10050 11999 198 303317 298601 2929 1787 1249 1249 1317 311 927 79 11600 5974 4118 1508 Printing 3446 2428 453 565 Professional dvlpmnt. 740 565 175 0 1213952 789865 336866 87221 138870 108839 12676 12668 272600 140643 76218 21170 98112 89682 19625 8430 442215 436976 32045 7622 994249 736348 11325 108167 30101 0 7302 6053 49313 0 98041 114220 X 278654 451268 617554 170860 896208 622128 994249 736348 -267795 -6285 0 X 0 0 0 X 945111 1017896 1708970 584234 601197 4857408 945111 1017896 1708970 584234 601197 4857408 1481748 3375660 25955 12892 26709 64650 -8749 121457 9585 2200 5339 17124 4995989 1816215 0.67570 0.48150 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. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1115044 1115044 186504 46626 0 0 299204 286420 227914 186504 1000042 1500063 74801 71605 56979 46626 250011 375017 98112 89682 8430 8430 X X X X 0 0 0 0 0 0 0 0 0 Cynthia Nimmo President & CEO 141667 0 10000 0 0 0 7313 0 7866 0 166846 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 $498,884. 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 11 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 Director of Finance and Administration 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 2015, 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 2012. 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 24,889. Management and general expenses 8,108. Fundraising expenses 253. Total expenses 33,250. Financial Consulting: Program service expenses 0. Management and general expenses 40,882. Fundraising expenses 0. Total expenses 40,882. Other Fees for Services: Program service expenses 145,106. Management and general expenses 6,386. Fundraising expenses 1,474. Total expenses 152,966. Women's Funding Network Foundation 156 2nd Street San Francisco CA 94105 204754887 Support Women's Funding Network CA 501(C)(3) 11-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