Ms Foundation For Women Inc is located in Brooklyn, NY. The organization was established in 1974. According to its NTEE Classification (R24) the organization is classified as: Womens Rights, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. As of 06/2022, MS Foundation For Women Inc employed 28 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. MS Foundation For Women Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, MS Foundation For Women Inc generated $25.7m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 24.3% each year . All expenses for the organization totaled $11.2m during the year ending 06/2021. While expenses have increased by 7.5% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, MS Foundation For Women Inc has awarded 727 individual grants totaling $25,863,416. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO BUILD WOMEN'S COLLECTIVE POWER IN THE U.S. TO ADVANCE EQUITY AND JUSTICE FOR ALL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTMAKING AND CAPACITY BUILDING: DURING THE 2022 FISCAL YEAR, THE FOUNDATION PROVIDED GENERAL OPERATING SUPPORT FOR MORE THAN 125 GRANTEE PARTNERS THROUGHOUT THE UNITED STATES AND US TERRITORIES AND HELPED ADVANCE A WIDE-RANGE OF PROJECTS THAT WORK TO END GENDER VIOLENCE, IMPROVE ECONOMIC SECURITY, PROMOTE HEALTH EQUITY, AND MORE. THE SUPPORT OF OUR GRANTMAKING EFFORTS INCLUDES STRATEGIES THAT ARE NEW, CREATIVE AND RESPONSIVE TO OUR PARTNERS MOVEMENT SPACES.THIS YEAR'S FUNDING IS AN INCREASE OVER PAST YEARS AND REPRESENTS A BALANCED PORTFOLIO OF RURAL, URBAN, EMERGING, AND ESTABLISHED ORGANIZATIONS WITH A CONCERTED EFFORT TO INVEST AND SUPPORT WOMEN AND GIRLS OF COLOR (WGOC), INCLUDING TRANS AND NON-BINARY PEOPLE. WITH 90% OF OUR GRANTEE PORTFOLIO COMPRISED OF ORGANIZATIONS LED BY WOMEN AND GIRLS OF COLOR, AND IS ALIGNED WITH PART OF THE FOUNDATION'S STRATEGIC PLAN TO INVEST IN AND SUPPORT MOVEMENT LEADERS AND SOCIAL JUSTICE INFRASTRUCTURE. THE FOUNDATION LAUNCHED THE BIRTH JUSTICE INITIATIVE, OUR NEWEST GRANTMAKING STRATEGY WHICH AIMS TO ADVANCE EQUITABLE BIRTH OUTCOMES AND STRENGTHEN THE CAPACITY, ORGANIZATIONAL INFRASTRUCTURE, AND FINANCIAL STABILITY OF GRASSROOTS BLACK, INDIGENOUS AND WOMEN OF COLOR-LED BIRTH JUSTICE ORGANIZATIONS. IN THIS ROUND OF GRANTMAKING, THE MS. FOUNDATION INVESTED $1 MILLION IN SUPPORT OF BIRTH JUSTICE ORGANIZATIONS, LEADERS, AND MOVEMENTS ACROSS THE SPECTRUM OF BIRTH JUSTICE ISSUE AREAS. ALL THE MS. FOUNDATION STRATEGIES COMPLEMENTS THE OTHER GRANTMAKING EFFORTS (ACTIVIST COLLABORATION AND CARE FUND, MS. SOUTH AND THE GIRLS OF COLOR INITIATIVE AND BUILDING CONNECTIONS INITIATIVES) OF THE FOUNDATION. THE FOUNDATION ALSO HOSTS DONOR ADVISED FUNDS INCLUDING THE OMA FUND, ASIAN WOMEN GIVING CIRCLE, AND GLORIA FUND.
PUBLIC EDUCATION: THE FOUNDATION STRIVES TO LIFT THE VOICES OF ALL WOMEN AND CONDUCTS PUBLIC EDUCATION IN THE AREAS CRITICAL TO WOMEN'S WELLBEING, SUCH AS HEALTH ACCESS, REPRODUCTIVE JUSTICE, ECONOMIC JUSTICE, AND INCREASING THE SAFETY OF WOMEN AND GIRLS. WE EDUCATE AND ENGAGE AUDIENCES THROUGH OUR WEBSITE, BLOGS, SOCIAL MEDIA PLATFORMS, ONLINE ENGAGEMENTS, AND MEDIA PLACEMENTS THROUGH NEWS OUTLETS ACROSS THE COUNTRY. WE ALSO STRIVE TO CREATE STRATEGIC MEDIA AND ADVOCACY PARTNERSHIPS THAT AMPLIFY THE VOICES OF WOMEN, PARTICULARLY WOMEN OF COLOR. WHILE COVID-19 WAS STILL EVIDENT, OUR EFFORTS TO ENGAGE THE PUBLIC MEANT MORE ZOOM WHICH EXTENDED OUR REACH MORE BROADLY AND USING ALL MEDIA TOOLS TO EXTEND OUR REACH. WE CONTINUED TO PARTNER WITH COMMUNITY AND PROMOTE LEARNINGS WITH THE BROOKLYN PUBLIC LIBRARY AND AMPLIFIED CONVERSATIONS AROUND AT THE INTERSECTION OF GENDER AND RACE. THIS YEAR, THE FOUNDATION JOINED IN WRITING AN "OPEN LETTER TO PHILANTHROPY" WHICH LIFTED UP THE FINDINGS FROM POCKET CHANGE: HOW WOMEN AND GIRLS OF COLOR DO MORE WITH LESS AND PUSHED THE FIELD TO MOVE TOWARDS MORE TRUST BASED PHILANTHROPY. OUR PUBLIC EDUCATION EFFORTS WORK TO CHANGE THE DOMINANT NARRATIVE AROUND OUR CORE ISSUES AND THE ISSUES OF GRANTEES BOTH BY ENSURING THAT BOTH A GENDER AND RACE LENS ARE APPLIED TO CRITICAL ISSUES AND BY ENGAGING INDIVIDUALS AND HOSTING CONVERSATIONS AROUND THESE ISSUES.
ADVOCACY AND POLICY: THE ADVOCACY AND POLICY PROGRAM ENHANCES THE ORGANIZATION'S REACH, THOUGHT LEADERSHIP AND STRATEGICALLY PROMOTES SOCIAL, CULTURE, AND LEGISLATIVE POLICIES AND PRACTICES TO IMPROVE THE LIVES OF WOMEN AND THEIR COMMUNITIES. WE USE THIS PLATFORM TO NOT ONLY PROMOTE CHANGE BUT ALSO TO CREATE SPACE FOR WOMEN TO FIND SYNERGY AND LEVERAGE THEIR IMPACT THROUGH PARTNERSHIP AND COLLABORATION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Teresa Younger President/ceo | Officer | 40 | $297,104 |
Rosina Barba COO | Officer | 40 | $218,590 |
Ruth Mcfarlane Vp, Advancement | Officer | 40 | $207,500 |
Rosalyn Lee Former Vp, Strategy & Dev. | 0 | $162,871 | |
Camille Kennedy Sr. Dir., Advancement Strategy | 40 | $155,987 | |
Ellen Liu Vp, Grantmaking & Capacity Building | 40 | $139,178 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Purplecard Holdings Llc It Maintenance | 6/29/22 | $213,597 |
Graystone Consulting Investment Management Fees | 6/29/22 | $313,157 |
The Design And Branding Company Inc Social Media Management | 6/29/22 | $159,500 |
Stamp Event Management Llc Event Management | 6/29/22 | $154,612 |
Big Duck Communication Consulting | 6/29/22 | $119,529 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $528,646 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $22,742,851 |
Noncash contributions included in lines 1a–1f | $30,667 |
Total Revenue from Contributions, Gifts, Grants & Similar | $23,271,497 |
Total Program Service Revenue | $0 |
Investment income | $1,190,255 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $38,750 |
Net Gain/Loss on Asset Sales | $1,254,640 |
Net Income from Fundraising Events | -$101,593 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $25,679,441 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $4,836,500 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $1,027,978 |
Compensation of current officers, directors, key employees. | $123,476 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,553,478 |
Pension plan accruals and contributions | $31,090 |
Other employee benefits | $305,025 |
Payroll taxes | $204,732 |
Fees for services: Management | $0 |
Fees for services: Legal | $11,181 |
Fees for services: Accounting | $36,250 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $150,000 |
Fees for services: Investment Management | $248,684 |
Fees for services: Other | $1,295,583 |
Advertising and promotion | $0 |
Office expenses | $220,177 |
Information technology | $217,673 |
Royalties | $0 |
Occupancy | $745,562 |
Travel | $1,672 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $21,409 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $73,054 |
Insurance | $78,869 |
All other expenses | $2,434 |
Total functional expenses | $11,227,181 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $500 |
Savings and temporary cash investments | $16,897,003 |
Pledges and grants receivable | $5,339,996 |
Accounts receivable, net | $5,792 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $122,455 |
Net Land, buildings, and equipment | $177,736 |
Investments—publicly traded securities | $44,085,250 |
Investments—other securities | $2,295,816 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $218,932 |
Total assets | $69,143,480 |
Accounts payable and accrued expenses | $330,823 |
Grants payable | $2,233,769 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $70,345 |
Total liabilities | $2,634,937 |
Net assets without donor restrictions | $13,173,750 |
Net assets with donor restrictions | $53,334,793 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $69,143,480 |
Over the last fiscal year, Ms Foundation For Women Inc has awarded $5,258,605 in support to 133 organizations.
Grant Recipient | Amount |
---|---|
Birmingham, AL PURPOSE: GENERAL OPERATING SUPPORT | $145,000 |
Columbia, SC PURPOSE: GENERAL OPERATING SUPPORT | $125,000 |
New York, NY PURPOSE: GENERAL OPERATING SUPPORT | $125,000 |
New Orleans, LA PURPOSE: GENERAL OPERATING SUPPORT | $125,000 |
Sandy Springs, GA PURPOSE: GENERAL OPERATING SUPPORT | $115,000 |
Asheville, NC PURPOSE: GENERAL OPERATING SUPPORT | $110,000 |
Over the last fiscal year, we have identified 1 grants that Ms Foundation For Women Inc has recieved totaling $25,000.
Awarding Organization | Amount |
---|---|
Goatee Foundation T-A Tr Brooklyn, OH PURPOSE: SAFETY PORTION OF FIVE-STRATEGIC PLAN | $25,000 |
Beg. Balance | $41,881,508 |
Earnings | -$6,304,783 |
Admin Expense | $304,505 |
Net Contributions | $5,586,322 |
Other Expense | $1,590,000 |
Ending Balance | $39,268,542 |
Organization Name | Assets | Revenue |
---|---|---|
Ms Foundation For Women Inc Brooklyn, NY | $69,143,480 | $25,679,441 |
Sauti Yetu Center For African Women Bronx, NY | $952,477 | $6,239,726 |
National Advocates For Pregnant Women Inc New York, NY | $7,432,150 | $2,875,446 |
Supermajority New York, NY | $4,041,789 | $2,080,000 |
Legal Momentum New York, NY | $1,688,523 | $2,018,416 |
Womens Law Project Philadelphia, PA | $832,358 | $1,850,651 |
Higher Heights For America Brooklyn, NY | $1,341,645 | $2,001,152 |
Global Justice Center New York, NY | $2,317,303 | $1,737,408 |
Women And Girls Foundation Of Southwest Pennsylvania Pittsburgh, PA | $847,963 | $1,525,580 |
Womens Forum Inc New York, NY | $980,683 | $988,897 |
Womens Rights Information Center Englewood, NJ | $1,825,900 | $1,413,970 |
Zioness Movement Inc New York, NY | $1,242,290 | $1,407,913 |