2013-11-05T13:43:18-06:00 2012-12-31 910189318 Moss Adams LLP 3121 West March Lane Suite 100 Stockton CA 95219 990 2012-01-01 411685134 Women's Funding Network WOME 4154410706 505 Sansome Street 2nd Floor San Francisco CA 94111 Michele Ozumba 4154410706 2013-10-30 1 Tracy S Paglia P00366884 2099556100 2012 2016-02-25 16:41:14Z Michele Ozumba 505 Sansome Street 2nd Floor San Francisco CA 94111 2600502 0 X www.womensfundingnetwork.org X 1990 MN See Page 2, Part III, Line 1 21 20 17 25 0 0 945111 1017896 576479 467545 -2149 -66296 0 0 1519441 1419145 128146 838317 0 0 1417300 846808 0 0 346118 2025869 1298953 3571315 2984078 -2051874 -1564933 4084128 2883553 208711 392932 3875417 2490621 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 492908 42117 6273 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. 293492 200 191640 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. 809230 796000 0 Grantmaking:As a condition of certain grant awards, the Network is required to regrant funds to other organizations. 586863 0 269632 Additional services including annual conference, research and policy and social enterprise services. 586863 269632 2182493 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 1 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 34 0 1 17 1 0 0 0 0 0 0 0 0 0 0 X 21 20 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 CA MN X X Christopher Roesner 4154410706 505 Sansome Street 2nd Floor San Francisco CA 94111 Michele Ozumba 40.00 0.00 X X 200000 0 20925 Carol Andreae 4.00 0.00 X 0 0 0 Heather Arnet 4.00 0.00 X 0 0 0 Jim Bildner 4.00 0.00 X 0 0 0 Cecilia Boone 4.00 0.00 X 0 0 0 Donna Callejon 4.00 0.00 X X 0 0 0 Sarah Crane 4.00 0.00 X 0 0 0 Dorothy Green 4.00 0.00 X 0 0 0 Erica Waples through 712 4.00 0.00 X 0 0 0 Shalini Nataraj 4.00 0.00 X 0 0 0 Ana Oliveira 4.00 0.00 X X 0 0 0 Judy Patrick 4.00 0.00 X 0 0 0 Cristina Regalado 4.00 0.00 X 0 0 0 Lee Roper-Batker 4.00 0.00 X X 0 0 0 Jane Sloane 4.00 0.00 X 0 0 0 Alandra Washington 4.00 0.00 X 0 0 0 Abigail Burgesson 4.00 0.00 X X 0 0 0 Amina Dickerson 4.00 0.00 X 0 0 0 Cheryl Franklin 4.00 0.00 X 0 0 0 Nicky Goren 4.00 0.00 X 0 0 0 Mia Herndon 4.00 0.00 X 0 0 0 Carolyn Mitchell 4.00 0.00 X 0 0 0 Bisi Adeleye-Fayemi 4.00 0.00 X 0 0 0 Connie Robinson 4.00 0.00 X 0 0 0 Jackie Zehner 4.00 0.00 X 0 0 0 Janet Riccio 4.00 0.00 X 0 0 0 Kayrita Anderson 4.00 0.00 X 0 0 0 Nicky McIntyre 4.00 0.00 X 0 0 0 Chris Roesner 40.00 0.00 X 36952 0 4356 236952 0 25281 1 0 1 0 TriNet Employer Group Inc 1100 San Leandro Blvd San Leandro CA 94677 co-employment contract 841013 1 1017896 101809 1017896 Conference fees 900099 245731 245731 Membership dues 900099 191640 191640 Fee for service income 900099 30174 30174 467545 12892 12892 1102169 1181357 -79188 -79188 -79188 1419145 467545 0 -66296 X 824200 824200 14117 14117 262233 159126 59419 43688 496649 301372 112536 82741 31679 19223 7178 5278 5654 3431 1281 942 50593 30700 11464 8429 8784 5413 3371 31042 31042 387840 220135 82976 84729 103415 52105 30555 20755 289499 161496 63577 64426 148568 110478 21121 16969 174072 165182 5319 3571 1316 1316 20685 11436 4397 4852 14056 6859 5188 2009 Evaluation 83874 83874 0 0 Printing 24114 12606 9657 1851 Professional dvlpmnt. 11599 6105 2987 2507 89 48 41 2984078 2182493 455467 346118 525159 1306697 403349 505655 1440514 141543 4097 5645 106438 126798 159111 141504 38292 17607 1534234 747563 32045 32045 4084128 2883553 87857 321366 43000 2700 7806 1364 70048 67502 208711 392932 X 545401 588150 3330016 1902471 3875417 2490621 4084128 2883553 -1564933 180137 0 X X 0 1 X 1 0 X 3056262 3859280 3795934 945111 1017896 12674483 3056262 3859280 3795934 945111 1017896 12674483 7582881 5091602 239271 27139 24961 25955 12892 330218 2501 5470 7971 13012672 516741 0.39130 0.50820 X Schedule A, Part II, Line 10, Explanation of Other Income: Miscellaneous receipts - 2008 Amount: $ 2,501. 2009 Amount: $ 5,470. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 2984078 2984078 299204 74801 0 0 371568 328566 299204 999338 1499007 4912 5348 10260 92892 82142 74801 249835 374753 26495 17020 9475 132616 124484 8132 17607 Deferred rent 67502 67502 X Description of Uncertain Tax Positions Under FIN 48: 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 WFNF under State of California Revenue and Taxation Code Section 23701(d). 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, 2012 or 2011. With few exceptions, the Network is no longer subject to United States federal or state/local income tax examinations by tax authorities for fiscal years before 2008. 1 Middle East and North Africa 0 0 Grants to Recipients Located in Region 7000 Sub-Saharan Africa 0 0 Grants to Recipients Located in Region 7117 0 0 0 0 0 0 14117 0 14117 Middle East and North Africa Reproductive Health 7000 Bank Draft Sub-Saharan Africa Reproductive Health 7117 Check 2 0 0 0 0 0 0 Procedure for Monitoring Grants Outside the U.S.: Schedule F, Part I, Line 2: Questionnaires regarding progress related to programmatic objectives are required prior to periodic conference calls. Final reports from grantees contain (i) a narrative report of what was accomplished by expenditure of the contract funds and indicating contractee's compliance with the terms of the grant, and (ii) a financial statement reporting expenditures according to the approved contract budget and the terms of the grant. This reporting should be done using consistent accounting practices (cash or accrual) and should be signed only by an agent of the contractee authorized to submit financial accounting on behalf of the contractee. 1 Womens Fund of Mississippi 120 North Congress St Suite 903 Jackson MS 39201 264419982 501(C)(3) 47333 Reproductive Health and Place-Based Grants New Mexico Community Foundation 502 West Cordova Road Suite 1 Santa Fe NM 87505 850372005 501(C)(3) 47333 Reproductive Health and Place-Based Grants National Center for Lesbian Rights 870 Market Street Suite 370 San Francisco CA 94102 943086885 501(C)(3) 225000 Women's Rights Michigan Women's Foundation 333 W Fort Street Suite 1920 Detroit MI 48226 382689979 501(C)(3) 40333 Reproductive Health and Place-Based Grants Women's Fund of Miami-Dade County 3001 Ponce de Leon Blvd Suite 264 Coral Gables FL 33134 650436923 501(C)(3) 7000 Reproductive Health Esperanza Peace and Justice Center 922 San Pedro Avenue San Antonio TX 78212 742419582 501(C)(3) 225000 Women's Rights Indigenous Women's Network 13621 FM 2769 Austin TX 78726 411655139 501(C)(3) 225000 Women's Rights Women's Fund of New Jersey 145 W Hanover Street Trenton NJ 08618 223378734 501(C)(3) 7000 Reproductive Health 8 Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: Questionnaires regarding progress related to programmatic objectives are required prior to periodic conference calls. Final reports from grantees contain (i) a narrative report of what was accomplished by expenditure of the contract funds and indicating contractee's compliance with the terms of the grant, and (ii) a financial statement reporting expenditures according to the approved contract budget and the terms of the grant. This reporting should be done using consistent accounting practices (cash or accrual) and should be signed only by an agent of the contractee authorized to submit financial accounting on behalf of the contractee. X X X X X 0 0 0 0 0 0 0 0 0 Michele Ozumba 200000 0 0 0 0 0 20000 0 925 0 220925 0 0 0 X 2 101809 FMV 0 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 $841,013. 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 requires review of the Form 990 by the entire Board prior to its filing on an annual basis. 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 sufficiently in advance of the filing deadline 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 2012, 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. Other Fees Form 990, Part IX, line 11g Project Management: Program service expenses 61,300. Management and general expenses 23,106. Fundraising expenses 23,594. Total expenses 108,000. Technology Consulting: Program service expenses 18,558. Management and general expenses 6,995. Fundraising expenses 7,143. Total expenses 32,696. Graphics Consulting: Program service expenses 19,039. Management and general expenses 7,176. Fundraising expenses 7,328. Total expenses 33,543. Temporary Services: Program service expenses 64,308. Management and general expenses 24,240. Fundraising expenses 24,752. Total expenses 113,300. Other Fees for Services: Program service expenses 56,930. Management and general expenses 21,459. Fundraising expenses 21,912. Total expenses 100,301. Audit committee and oversight Form 990, Part XII, Line 2c There have been no changes to this process from prior year. Women's Funding Network Foundation 505 Sansome Street 2nd Floor San Francisco CA 94111 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