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Nonprofiteer
← 100 WOMEN IN FINANCE FOUNDATION REHANA FARRELL

Form 990 for tax year 2024

Filed by 100 WOMEN IN FINANCE FOUNDATION REHANA FARRELL.

Totals

Total revenue
$1,282,582
Total expenses
$1,254,263
Contributions and grants received
$1,011,092
Grants paid
$0
Program service revenue
$50,000
Investment income
$98,620
Other revenue
$122,870
Total assets, end of year
$2,393,682
Total liabilities, end of year
$153,030
Net assets or fund balances, end of year
$2,240,652
Program services expenses (Part IX)
$540,422
Management and general expenses
$586,979
Fundraising expenses
$126,862
Program service expenses (Part III)
$540,422

Program services were 43.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $651,670

  • 1f · All other contributions, gifts and grants

    $359,422

  • 2a · Program service revenue: PROGRAM REVENUE

    total $50,000 · related or exempt $50,000

  • 3 · Investment income

    total $98,620 · excluded $98,620

  • 8a · Fundraising events: gross income

    $561,584

  • 8a · Fundraising events: contributions included on line 1c

    $651,670

  • 8b · Fundraising events: direct expenses

    $438,714

  • 8c · Net income from fundraising events

    total $122,870 · excluded $122,870

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $299,180 · program services $107,825 · management and general $134,326 · fundraising $57,029

  • 8 · Pension plan contributions

    total $12,510 · program services $4,509 · management and general $5,617 · fundraising $2,384

  • 9 · Other employee benefits

    total $24,097 · program services $8,685 · management and general $10,819 · fundraising $4,593

  • 10 · Payroll taxes

    total $22,908 · program services $8,256 · management and general $10,285 · fundraising $4,367

  • 11b · Fees: legal

    total $21,637 · management and general $21,637

  • 11c · Fees: accounting

    total $164,321 · management and general $164,321

  • 11g · Fees: other

    total $561,823 · program services $401,375 · management and general $101,959 · fundraising $58,489

  • 13 · Office expenses

    total $87,174 · management and general $87,174

  • 16 · Occupancy

    total $9,130 · management and general $9,130

  • 17 · Travel

    total $28,138 · management and general $28,138

  • 22 · Depreciation, depletion and amortization

    total $11,424 · management and general $11,424

  • 23 · Insurance

    total $2,149 · management and general $2,149

  • 24a · Other expenses: PRGM DEVELOPMENT EVENTS

    total $9,772 · program services $9,772

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $599,537 · end of year $685,354

  • 2 · Savings and temporary cash investments

    beginning of year $1,661,213 · end of year $1,412,027

  • 3 · Pledges and grants receivable

    beginning of year $0 · end of year $25,000

  • 4 · Accounts receivable

    beginning of year $15,367 · end of year $15,449

  • 9 · Prepaid expenses and deferred charges

    beginning of year $94,278 · end of year $56,403

  • 10a · Land, buildings and equipment: cost or other basis

    $37,872

  • 10b · Land, buildings and equipment: accumulated depreciation

    $25,705

  • 10c · Land, buildings and equipment, net

    beginning of year $23,591 · end of year $12,167

  • 15 · Other assets

    beginning of year $0 · end of year $187,282

  • 17 · Accounts payable and accrued expenses

    beginning of year $62,900 · end of year $24,506

  • 19 · Deferred revenue

    beginning of year $0 · end of year $128,524

  • 25 · Other liabilities

    beginning of year $80,857 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $2,239,310 · end of year $2,179,733

  • 28 · Net assets with donor restrictions

    beginning of year $10,919 · end of year $60,919

Mission and programs · 2024

Mission

SEE SCHEDULE O.

  • STUDENT MEMBERSHIP: THANKS TO THE GENEROUS SUPPORT OF OUR INDUSTRY PARTNERS, 100 WOMEN IN FINANCE IS PROUD TO OFFER COMPLIMENTARY MEMBERSHIP TO CURRENTLY ENROLLED UNIVERSITY STUDENTS. THESE MAY BE YOUNG PEOPLE WHO MAY HAVE A FLEDGLING INTEREST IN FINANCE BUT DON'T KNOW WHERE TO BEGIN, OR THEY MAY ALREADY BE WELL-VERSED IN INDUSTRY OPPORTUNITIES AND LOOKING TO FURTHER DEVELOP THEIR NETWORK. IMPORTANTLY, A 100 WOMEN IN FINANCE MEMBERSHIP ALLOWS STUDENTS TO CONNECT NOT ONLY WITH WORKING PROFESSIONALS, BUT ALSO WITH PEERS AT COLLEGES AND UNIVERSITIES AROUND THE WORLD GIVING THEM INSIGHT BEYOND WHAT THEIR SPECIFIC UNIVERSITY MAY OFFER. AT PRESENT, THERE ARE 4,900+ STUDENT MEMBERS OF 100 WOMEN IN FINANCE WHO HAVE BEEN ENGAGED THROUGH STRATEGIC PARTNERSHIPS, UNIVERSITY PRESENTATIONS, SOCIAL MEDIA, AND WORD OF MOUTH. STUDENTS CAN PARTICIPATE IN EDUCATIONAL EVENTS WHICH ARE LED BY INDUSTRY ICONS AND EXPERTS. THE PANELS AND PRESENTATIONS GO DEEP INTO TOPICS RELATED TO THE FINANCE, ALTERNATIVE INVESTMENTS, MACRO TRENDS, LEADERSHIP AND PROFESSIONAL DEVELOPMENT.

    Expenses $326,106

  • LAUNCHME IS A GLOBAL MENTORSHIP PROGRAM CONNECTING EARLY-CAREER PROFESSIONALS AND STUDENTS WITH EXPERIENCED INDUSTRY PROFESSIONALS TO EXPLORE CAREER OPPORTUNITIES, BROADEN PROFESSIONAL NETWORKS, DEVELOP ESSENTIAL CAREER SKILLS, AND STRENGTHEN BUSINESS ACUMEN. SINCE ITS INCEPTION IN 2022, THE PROGRAM HAS ENGAGED OVER 800 PARTICIPANTS ACROSS MORE THAN 17 COUNTRIES THROUGH ONE-ON-ONE MENTORING, GROUP SESSIONS, AND PROFESSIONAL DEVELOPMENT AND NETWORKING EVENTS; RESULTING IN ACCESS TO A BROADER RANGE OF CAREER POSSIBILITIES, MEANINGFUL PROFESSIONAL RELATIONSHIPS, AND STRENGTHENED LEADERSHIP SKILLS.

    Expenses $109,565 · Revenue $50,000

  • JUMPSTART: AN INDUSTRY INTRODUCTION PROGRAM. JUMPSTART OPERATES BOTH AT THE GLOBAL LEVEL (VIRTUAL) AND IN SELECT REGIONS (IN-PERSON) AROUND THE WORLD. IN BOTH INSTANCES, THE PROGRAM PROVIDES UNIVERSITY STUDENTS WITH AN INTRODUCTION TO THE FINANCIAL SERVICES INDUSTRY AND THE OPPORTUNITY TO MEET EXPERIENCED PROFESSIONALS. IN MANY WAYS, JUMPSTART IS EXACTLY WHAT THE NAME SUGGESTS: AN ENTRY-POINT INTO THE FINANCE INDUSTRY FROM WHICH STUDENTS CAN CONTINUE TO BUILD AND EXPLORE. THROUGHOUT THE COURSE OF THE PROGRAM, PARTICIPANTS RECEIVE CAREER GUIDANCE, INDUSTRY INFORMATION, INTERVIEWING AND NETWORKING TIPS, AND OPPORTUNITIES TO INTERACT WITH PROFESSIONALS, RECRUITERS, AND FELLOW STUDENTS FROM AROUND THE WORLD. THE PROGRAM IS INTENDED TO SERVE AS A PRE-INTERNSHIP PRIMER AND IS GEARED FOR STUDENTS AT ANY STAGE OF THEIR CAREER EXPLORATION. SOME MAY HAVE ALREADY LANDED FINANCE INTERNSHIPS, WHILE OTHERS ARE SEEKING GUIDANCE ABOUT WHERE TO BEGIN THEIR SEARCH. TO COMPLEMENT JUMPSTART PROGRAMMING AT THE GLOBAL LEVEL, WE HOST ONE-DAY IN-PERSON EDUCATION EVENTS FOR STUDENTS IN SELECT GEOGRAPHIES. IN THE SPRING AND FALL, A HALF-DAY PROGRAM IN HONG KONG COLLEGE STUDENTS WERE ABLE TO MEET EXPERIENCED PROFESSIONALS IN THE FINANCIAL SERVICES INDUSTRY.

    Expenses $69,608

  • FIRST IMPRESSIONS DINNER: THE CORPORATE HOST INVITES A BESPOKE LIST OF ITS SENIOR EXECUTIVES, CLIENTS AND THEIR DAUGHTER, NIECE OR MENTEE. 100 WOMEN IN FINANCE ALSO INVITES A GROUP OF FEMALE STUDENTS FROM THE LOCAL PUBLIC OR PARTNER SCHOOLS. A PANEL DISCUSSION FOR THE ADULTS AND STUDENTS IS HELD WITH WOMEN IN THE INDUSTRY FROM DIFFERENT ROLE TYPES TO SHARE THEIR POTENTIAL STORIES AND DESCRIBE WHAT THEY DO ON A DAY-TO DAY BASIS. FOLLOWING THE PRESENTATION, STUDENTS SIT WITH THE PANELISTS AND ROLE MODELS TO ASK QUESTIONS OPENLY OVER DINNER.

    Expenses $35,143

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Carole Crawford

    CHAIR

    Total calculated
    $0
    Hours/week
    5 + 5 related
  • Sarah Dyer Dana

    VICE-CHAIR

    Total calculated
    $0
    Hours/week
    5 + 5 related
  • Heather Wyckoff

    SECRETARY

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Lisa Petrelli

    TREASURER

    Total calculated
    $0
    Hours/week
    5 + 5 related
  • Dagmar Baeuerle

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Rupal Bhansali

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Christina Bodden

    DIRECTOR TO 1/2024

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Ulrike Hoffmann-Burchardi

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Amy Flikerski

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Wayne Lee

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Michelle Morris

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Archana Parekh

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Ulrika Robertsson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5 + 5 related
  • Sherri Rossoff

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Amando Senra

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Kellan Brown

    COO/CDO FROM 11/2024

    Total calculated
    $43,716
    From this org
    $0
    From related orgs
    $37,500
    Other
    $6,216
    Hours/week
    8 + 32 related
  • Michelle Bushe

    CFO TO 8/2024

    Total calculated
    $176,884
    From this org
    $0
    From related orgs
    $163,205
    Other
    $13,679
    Hours/week
    8 + 32 related

    Schedule J breakdown matched by us

    Base
    $0 + $126,667 related
    Bonus
    $0
    Other
    $0 + $36,538 related
    Deferred
    $0 + $5,000 related
    Nontaxable benefits
    $0 + $8,679 related
    Filer's total
    $0 + $176,884 related
  • Deborah McLean

    INTERIM EXECUTIVE DIRECTOR

    Total calculated
    $189,600
    From this org
    $0
    From related orgs
    $189,600
    Other
    $0
    Hours/week
    8 + 32 related

    Schedule J breakdown matched by us

    Base
    $0 + $189,600 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $189,600 related
  • Alexis Belladonna

    GLOBAL DIR OF MEMBERSHIP

    Total calculated
    $130,184
    From this org
    $0
    From related orgs
    $111,395
    Other
    $18,789
    Hours/week
    8 + 32 related
  • Michele Gulitti

    GLOBAL DIR OF MARKETING/COMM

    Total calculated
    $111,788
    From this org
    $0
    From related orgs
    $103,000
    Other
    $8,788
    Hours/week
    8 + 32 related
  • Joan Werner

    FINANCE DIRECTOR

    Total calculated
    $143,695
    From this org
    $0
    From related orgs
    $125,000
    Other
    $18,695
    Hours/week
    8 + 32 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Written employment contract
  • 3 · Approval by the board or compensation committee
  • 4a · Severance or change-of-control payment

Answered no

  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 4A
MICHELLE BUSHE, FORMER CFO, RECEIVED $36,538.46 IN SEVERANCE PAY DURING 2024.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • 100WF HONG KONG FOUNDATION LIMITED

    FUNDRAISING · HK · income $425,444 · assets $594,389

    Directly controlled by 100 WOMEN IN FINANCE FOUNDATION

  • 100WF SINGAPORE LIMITED

    FUNDRAISING & EDUCATION PROGRAMS · SN · income $0 · assets $5,979

    Directly controlled by 100 WOMEN IN FINANCE FOUNDATION

Provenance

Return type
form_990
Tax year
2024
Filed
15 November 2025
IRS schema version
2024v5.2
Source object
202513199349300341

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