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Nonprofiteer
← WOMENS FUND OF GREATER MILWAUKEE INC

Form 990 for tax year 2022

Filed by WOMENS FUND OF GREATER MILWAUKEE INC.

Totals

Total revenue
$332,827
Total expenses
$462,749
Contributions and grants received
$371,552
Grants paid
$165,349
Program service revenue
$0
Investment income
$30
Other revenue
-$38,755
Total assets, end of year
$3,318,547
Total liabilities, end of year
$138,080
Net assets or fund balances, end of year
$3,180,467
Program services expenses (Part IX)
$310,540
Management and general expenses
$81,672
Fundraising expenses
$70,537
Program service expenses (Part III)
$310,540

Program services were 67.1% 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

    $91,550

  • 1f · All other contributions, gifts and grants

    $280,002

  • 3 · Investment income

    total $30 · excluded $30

  • 8a · Fundraising events: gross income

    $5,200

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

    $91,550

  • 8b · Fundraising events: direct expenses

    $43,955

  • 8c · Net income from fundraising events

    total -$38,755 · excluded -$38,755

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $130,849 · program services $130,849

  • 2 · Grants to domestic individuals

    total $34,500 · program services $34,500

  • 5 · Compensation of officers, directors and key employees

    total $140,251 · program services $79,943 · management and general $28,471 · fundraising $31,837

  • 7 · Other salaries and wages

    total $15,617 · program services $8,902 · management and general $3,170 · fundraising $3,545

  • 10 · Payroll taxes

    total $9,852 · program services $5,616 · management and general $2,000 · fundraising $2,236

  • 11c · Fees: accounting

    total $10,500 · management and general $10,500

  • 11g · Fees: other

    total $31,493 · program services $5,476 · management and general $9,171 · fundraising $16,846

  • 12 · Advertising and promotion

    total $14,843 · program services $710 · management and general $13,850 · fundraising $283

  • 13 · Office expenses

    total $4,736 · program services $2,699 · management and general $962 · fundraising $1,075

  • 14 · Information technology

    total $29,146 · program services $16,613 · management and general $5,917 · fundraising $6,616

  • 16 · Occupancy

    total $22,087 · program services $12,590 · management and general $4,483 · fundraising $5,014

  • 19 · Conferences, conventions and meetings

    total $13,206 · program services $11,345 · management and general $1,197 · fundraising $664

  • 23 · Insurance

    total $2,276 · program services $1,297 · management and general $462 · fundraising $517

  • 24a · Other expenses: MEMBERSHIP DUES

    total $1,904 · fundraising $1,904

  • 24e · All other expenses

    total $1,489 · management and general $1,489

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $367,727 · end of year $365,108

  • 2 · Savings and temporary cash investments

    beginning of year $31,261 · end of year $31,291

  • 3 · Pledges and grants receivable

    beginning of year $6,500 · end of year $5,113

  • 9 · Prepaid expenses and deferred charges

    beginning of year $18,765 · end of year $19,304

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

    $35,366

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

    $35,366

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $3,549,901 · end of year $2,897,731

  • 17 · Accounts payable and accrued expenses

    beginning of year $12,263 · end of year $17,284

  • 18 · Grants payable

    beginning of year $112,200 · end of year $114,500

  • 21 · Escrow or custodial account liability

    beginning of year $990 · end of year $6,296

  • 27 · Net assets without donor restrictions

    beginning of year $3,797,719 · end of year $3,114,444

  • 28 · Net assets with donor restrictions

    beginning of year $50,982 · end of year $66,023

Mission and programs · 2022

Mission

THE MISSION OF THE WOMEN'S FUND OF GREATER MILWAUKEE IS TO ACTIVATE PHILANTHROPY THAT ADVANCES EQUITY FOR WOMEN.

Activities or mission (Part I)

THE WOMEN'S FUND OF GREATER MILWAUKEE HAS A PURPOSE TO ACTIVATE PHILANTHROPY TO ADVANCE EQUITY FOR WOMEN.

  • GRANTMAKING AND SCHOLARSHIPS - WE ENGAGE IN THE POWER OF COLLECTIVE PHILANTHROPY ACROSS GENERATIONS EXCLUSIVELY ADDRESSING ISSUES THAT IMPACT WOMEN AND GIRLS. OUR FOCUS IS ECONOMIC EMPOWERMENT, LEADERSHIP DEVELOPMENT, AND EDUCATION. AS ONE OF THE LARGEST GRANTING ENTITIES IN WISCONSIN OF OUR KIND, WE PROVIDE ESSENTIAL FUNDING TO AREA NONPROFITS, HER SCHOLARSHIPS TO WOMEN WHO ARE NON-TRADITIONAL STUDENTS, AGE 35 OR OLDER, AND CONVENE THE COMMUNITY AROUND INTERESTING AND IMPORTANT ISSUES THAT IMPACT WOMEN. WE SUPPORT PROGRAMS AND PROJECTS THAT INFLUENCE A CHANGE IN ATTITUDE, BEHAVIOR, AND CULTURE, SO THAT WOMEN AND GIRLS CAN LIVE TO THEIR FULL POTENTIAL. USING THE PROCEEDS OF OUR ENDOWMENT COUPLED WITH FUNDS SECURED FROM THE COMMUNITY, WE SUPPORT SOLUTIONS THAT RESULT IN SUSTAINABLE AND LONG-LASTING TRANSFORMATION FOR OUR COMMUNITY. AS AN ENDOWED FUND, WE HAVE THE FREEDOM TO INVEST IN LONG-LASTING TRANSFORMATION, NON-TRADITIONAL PROGRAMS, WHILE CHALLENGING TRADITIONS TO CREATE INNOVATION. WE ARE RESPONSIVE TO CURRENT COMMUNITY NEEDS AND PRIORITIES. FOUNDED IN 1986, AND ESTABLISHED AS AN INDEPENDENT ORGANIZATION IN 2006, THE WOMEN'S FUND OF GREATER MILWAUKEE DEPENDS ON GIFTS FROM THE COMMUNITY. TODAY WE REMAIN COMMITTED TO ADVANCING EQUITY FOR WOMEN BY OFFERING SUPPORT TO AREA ORGANIZATIONS JUST AS WE'VE DONE FOR MORE THAN 3 DECADES. WE ARE PROUD MEMBERS OF THE WOMEN'S FUNDING NETWORK, AND WISCONSIN PHILANTHROPY NETWORK AND WISCONSIN WOMEN'S FUND ALLIANCE.

    Expenses $176,851 · Grants $165,349

  • CAPACITY BUILDING - RECOGNIZING THAT CONVENING THE COMMUNITY IS AN IMPORTANT PART OF OUR WORK, THE WOMEN'S FUND ORGANIZES UNIQUE EVENTS THROUGHOUT THE YEAR. EACH IS DESIGNED TO PROVIDE INFORMATION, CONNECT PEOPLE, CREATE CONVERSATIONS AND INSPIRE ACTION. OUR COMMUNITY TALK BACKS ASSEMBLED DIVERSE GROUPS OF PEOPLE AND FACILITATED INTERGENERATIONAL CONVERSATION ABOUT RELEVANT TOPICS TO ADVANCING EQUITY FOR WOMEN. ADDITIONALLY, AN ANNUAL EDUCATIONAL EVENT, THE WOMEN'S FUND PRESENTS, IS HELD EACH FALL AND FEATURES A KEYNOTE ADDRESS OR PANEL PRESENTATION. THE EVENT PROCEEDS SUPPORT THE ACTIVITIES OF THE FUND.

    Expenses $133,689

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Marilka Velez

    CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Monica Shah-Davidson

    VICE-CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Amy Muehlbauer

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Donna Kleczka

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Erika Sander

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Sandy Cunningham

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Starla Thompson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Ashton Henry

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Heidi Furlong

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Chris Grota

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Nicole Horvath

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Melissa McCord

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Arlissia McHenry

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Beth Odian

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Chandra Rodgers

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Deb Roesner

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Kathy Schill

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Felisa Parris Thru Jan 2022

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Lisa Ornek Attonito

    EXECUTIVE DIRECTOR

    Total calculated
    $140,250
    From this org
    $109,288
    From related orgs
    $0
    Other
    $30,962
    Hours/week
    40

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.

Grants on this return

Provenance

Return type
form_990
Tax year
2022
Filed
9 November 2023
IRS schema version
2022v5.0
Source object
202303149349304515

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