Skip to content
Nonprofiteer
← WOMENS FOUNDATION FOR A GREATER MEMPHIS

Form 990 for tax year 2022

Filed by WOMENS FOUNDATION FOR A GREATER MEMPHIS.

Totals

Total revenue
$3,648,446
Total expenses
$3,412,627
Contributions and grants received
$3,364,737
Grants paid
$1,889,969
Program service revenue
$0
Investment income
$81,936
Other revenue
$201,773
Total assets, end of year
$9,034,981
Total liabilities, end of year
$1,713,676
Net assets or fund balances, end of year
$7,321,305
Program services expenses (Part IX)
$2,812,967
Management and general expenses
$325,647
Fundraising expenses
$274,013
Program service expenses (Part III)
$2,812,967

Program services were 82.4% 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

    $95,763

  • 1e · Government grants (contributions)

    $133,591

  • 1f · All other contributions, gifts and grants

    $3,135,383

  • 1g · Noncash contributions included above

    $95,763

  • 3 · Investment income

    total $78,431 · excluded $78,431

  • 7a · Gross sales of assets other than inventory

    securities $3,505

  • 7b · Less cost or other basis and sales expenses

    securities $0

  • 7c · Gain or loss

    securities $3,505

  • 7d · Net gain or loss

    total $3,505 · excluded $3,505

  • 8a · Fundraising events: gross income

    $499,358

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

    $95,763

  • 8b · Fundraising events: direct expenses

    $300,061

  • 8c · Net income from fundraising events

    total $199,297 · excluded $199,297

  • 11a · Other revenue: ADMINISTRATIVE REVENUE

    total $2,476 · related or exempt $2,476

  • 11e · Other revenue, total

    $2,476

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,889,969 · program services $1,889,969

  • 5 · Compensation of officers, directors and key employees

    total $325,880 · program services $195,528 · management and general $65,176 · fundraising $65,176

  • 7 · Other salaries and wages

    total $536,187 · program services $321,711 · management and general $107,238 · fundraising $107,238

  • 8 · Pension plan contributions

    total $117,617 · program services $70,570 · management and general $29,404 · fundraising $17,643

  • 10 · Payroll taxes

    total $60,311 · program services $21,109 · management and general $24,124 · fundraising $15,078

  • 11b · Fees: legal

    total $20,351 · program services $10,175 · management and general $3,053 · fundraising $7,123

  • 11g · Fees: other

    total $55,059 · program services $33,035 · management and general $6,158 · fundraising $15,866

  • 12 · Advertising and promotion

    total $12,537 · program services $5,261 · management and general $1,254 · fundraising $6,022

  • 13 · Office expenses

    total $4,968 · program services $1,987 · management and general $1,987 · fundraising $994

  • 16 · Occupancy

    total $102,571 · program services $71,800 · management and general $20,514 · fundraising $10,257

  • 17 · Travel

    total $4,227 · program services $3,381 · management and general $423 · fundraising $423

  • 19 · Conferences, conventions and meetings

    total $23,776 · program services $16,643 · management and general $2,378 · fundraising $4,755

  • 20 · Interest

    total $13,386 · management and general $13,386

  • 22 · Depreciation, depletion and amortization

    total $5,518 · program services $4,194 · management and general $662 · fundraising $662

  • 23 · Insurance

    total $3,140 · program services $471 · management and general $2,198 · fundraising $471

  • 24a · Other expenses: GRANT ADMINISTRATION CO

    total $135,087 · program services $135,087

  • 24b · Other expenses: REPAIRS AND MAINTENANCE

    total $41,044 · program services $12,313 · management and general $20,522 · fundraising $8,209

  • 24c · Other expenses: BANK CHARGES

    total $20,900 · program services $4,180 · management and general $14,630 · fundraising $2,090

  • 24d · Other expenses: EQUIPMENT EXPENSE

    total $14,548 · program services $4,364 · management and general $7,274 · fundraising $2,910

  • 24e · All other expenses

    total $25,551 · program services $11,189 · management and general $5,266 · fundraising $9,096

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $5,319,130 · end of year $5,503,830

  • 3 · Pledges and grants receivable

    beginning of year $1,329,582 · end of year $1,217,394

  • 4 · Accounts receivable

    beginning of year $58,888 · end of year $89,100

  • 9 · Prepaid expenses and deferred charges

    beginning of year $31,770 · end of year $18,839

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

    $130,338

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

    $99,992

  • 10c · Land, buildings and equipment, net

    beginning of year $39,112 · end of year $30,346

  • 11 · Investments: publicly traded securities

    beginning of year $1,595,823 · end of year $1,762,252

  • 15 · Other assets

    beginning of year $7,935 · end of year $413,220

  • 17 · Accounts payable and accrued expenses

    beginning of year $138,405 · end of year $50,140

  • 18 · Grants payable

    beginning of year $1,287,117 · end of year $1,246,135

  • 25 · Other liabilities

    beginning of year $0 · end of year $417,401

  • 27 · Net assets without donor restrictions

    beginning of year $5,803,856 · end of year $5,967,933

  • 28 · Net assets with donor restrictions

    beginning of year $1,152,862 · end of year $1,353,372

Mission and programs · 2022

Mission

TO ENCOURAGE PHILANTHROPY AND FOSTER LEADERSHIP AMONG WOMEN AND SUPPORT PROGRAMS THAT ENABLE WOMEN AND CHILDREN TO REACH THEIR FULL POTENTIAL.

Activities or mission (Part I)

TO SUPPORT AND PROMOTE WOMEN'S PROGRAMS AND LEADERSHIP

  • PROVIDED GRANTS AND ASSITANCE TO ORGANIZATIONS THAT ENCOURAGE WOMEN AND CHILDREN TO DEVELOP LEADERSHIP POTENTIAL AND FINANCIAL SECURITY

    Expenses $2,812,967 · Grants $1,889,969

As filed on the 2022 return.

Listed in Part VII

  • RUBY BRIGHT

    PAST PRESIDENT AND CEO

    Total calculated
    $120,437
    From this org
    $109,340
    From related orgs
    $0
    Other
    $11,097
    Hours/week
    40

  • SHANTE AVANT

    PRESIDENT AND CEO

    Total calculated
    $205,444
    From this org
    $193,099
    From related orgs
    $0
    Other
    $12,345
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $193,099
    Bonus
    $0
    Other
    $0
    Deferred
    $7,222
    Nontaxable benefits
    $5,123
    Filer's total
    $205,444

  • GINA MEYERS BREWER

    CO-CHAIR

    Total calculated
    $0
    Hours/week
    1

  • MARCIA BOWDEN-MARCHE MD

    CO-CHAIR

    Total calculated
    $0
    Hours/week
    1

  • TAMMY O YOUNG

    EDUCATION, RESEARCH AND ADOVACY CHAIR

    Total calculated
    $0
    Hours/week
    1

  • KAREN G JOHNSTON

    DEVELOPMENT CHAIR

    Total calculated
    $0
    Hours/week
    1

  • TONI L BOLAND-EVANS

    MARKETING AND COMMUNICATIONS CHAIR

    Total calculated
    $0
    Hours/week
    1

  • CATHERINE GAMMILL

    GRANTS AND PROGRAMS CHAIR

    Total calculated
    $0
    Hours/week
    1

  • ANN MARIE WALLACE MSPH

    BOARD DEVELOPMENT AND NOMINATIONS CHAIR

    Total calculated
    $0
    Hours/week
    1

  • NISHA POWERS

    ORGANIZATIONAL EFFECTIVENESS AND POLICIES AND PROC

    Total calculated
    $0
    Hours/week
    1

  • ROSEMARIE FAIR

    ORGANIZATIONAL EFFECTIVENESS AND POLICIES AND PROC

    Total calculated
    $0
    Hours/week
    1

  • SUSAN STEPHENSON

    VISION 2020 DEVELOPMENT CH

    Total calculated
    $0
    Hours/week
    1

  • MONICA WHARTON

    AT LARGE

    Total calculated
    $0
    Hours/week
    1

  • DENISE D CARPENTER

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • SHERRIE K HOLLIS

    TREASURER AND FINANCE CHAI

    Total calculated
    $0
    Hours/week
    1

  • BEVERLY CROSS PHD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • MARY H MCDANIEL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • GRETCHEN WOLLERT MCLENNON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JOANNA CRANGLE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • TARA ELLIOTT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • AIMEE GREGG

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • EVANGELINE PARKER-GUEST

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • TAJUAN STOUT MITCHELL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • AMITY SCHULYER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • TREVIA CHATMAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • CHRISTINE GANT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • MARY LEE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • CATHY LU

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JEANNETTE MILLS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • MONICA SKIPPER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • GALE JONES CARSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • MARILYNN ROBINSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

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

  • 3 · Compensation committee
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 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

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

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2022
Filed
10 May 2024
IRS schema version
2022v5.0
Source object
202411349349301846

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.