Womens Fund Of Central Ohio Inc
- Assets
- $6.8m
- Revenue
- $2.6m
- Investments
- $0.0
- Employees
- 10
- Location
- Columbus, OH
- Founding
- 05/2002
- Data as of
- 06/2021
- EIN
- 31-1784310
Organization Overview
Womens Fund Of Central Ohio Inc is located in Columbus, OH. The organization was established in 2002. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. As of 06/2021, Womens Fund Of Central Ohio Inc employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Womens Fund Of Central Ohio 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, Womens Fund Of Central Ohio Inc generated $2.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.0% each year. All expenses for the organization totaled $1.2m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Womens Fund Of Central Ohio Inc has awarded 151 individual grants totaling $2,164,351. 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
CREATING GENDER EQUALITY FOR WOMEN AND GIRLS IN CENTRAL OHIO.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE WORK OF THE WOMEN'S FUND, IN ADDITION TO BEING A FUNDER/GRANTMAKER IS BEING AN ORGANIZATION THAT RAISES AWARENESS AND EDUCATION ABOUT SOCIAL CHANGE FOR WOMEN/GIRLS, WHAT IT MEANS TO APPLY A GENDER LENS TO COMMUNITY ISSUES, AND FUNDAMENTALLY/PROGRAMMATICALLY DEVELOPS WOMEN AS PHILANTHROPISTS. THIS WORK OF THE ORGANIZATION IS SIGNIFICANTLY DEMONSTRATED AT THE ANNUAL KEYHOLDER EVENT WHERE OVER 2,000 COMMUNITY GUESTS ARE IN ATTENDANCE.
THE ENDURING PROGRESS INITIATIVE IS AN INTENTIONAL EFFORT BY THE WOMEN'S FUND OF CENTRAL OHIO TO CLOSE THE EXTRAORDINARY FUNDING GAP FACED BY ORGANIZATIONS LED BY AND FOR WOMEN OF COLOR. CURRENT DATA DEMONSTRATES THAT WOMEN AND GIRLS OF COLOR RECEIVE LESS THAN .5% OF PHILANTHROPIC FUNDING. THROUGH THE ENDURING PROGRESS INITIATIVE, THE WOMEN'S FUND RAISES SIGNIFICANT DOLLARS TO CONFRONT THE DISCRIMINATORY NATURE OF TRADITIONAL PHILANTHROPY AND USES THOSE FUNDS TO MAKE SIGNIFICANT, UNRESTRICTED GRANTS OF AT LEAST $50,000 TO ORGANIZATIONS LED BY AND FOR WOMEN OF COLOR TO HELP THEM BUILD CAPACITY AND QUICKLY SCALE THEIR IMPACT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kelley Griesmer President And CEO | Officer | 40 | $209,615 |
Heather Whaling Chair | OfficerTrustee | 5 | $0 |
Sandra Lopez Chair Elect | OfficerTrustee | 5 | $0 |
Dina Tantra Secretary | OfficerTrustee | 5 | $0 |
Jennifer Yaross Treasurer | OfficerTrustee | 5 | $0 |
Carol Andreae Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $90,610 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,024,086 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,114,696 |
| Total Program Service Revenue | $0 |
| Investment income | $85,098 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,434,066 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,633,860 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $327,300 |
| 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. | $237,389 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $306,184 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $25,036 |
| Payroll taxes | $23,227 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $28,093 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $20,933 |
| Fees for services: Other | $79,682 |
| Advertising and promotion | $1,500 |
| Office expenses | $12,063 |
| Information technology | $10,088 |
| Royalties | $0 |
| Occupancy | $64,014 |
| Travel | $15,740 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,894 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,191 |
| Insurance | $4,689 |
| All other expenses | $0 |
| Total functional expenses | $1,180,879 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $775,961 |
| Pledges and grants receivable | $101,598 |
| Accounts receivable, net | $0 |
| 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 | $4,442 |
| Net Land, buildings, and equipment | $7,285 |
| Investments—publicly traded securities | $5,878,578 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,733 |
| Total assets | $6,771,597 |
| Accounts payable and accrued expenses | $77,187 |
| Grants payable | $0 |
| 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 | $94,685 |
| Other liabilities | $0 |
| Total liabilities | $171,872 |
| Net assets without donor restrictions | $2,972,690 |
| Net assets with donor restrictions | $3,627,035 |
| 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 | $6,771,597 |
Grants Awarded
Over the last fiscal year, Womens Fund Of Central Ohio Inc has awarded $296,900 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
Columbus, OH PURPOSE: OVERCOMING GENDER AND RACIAL BARRIERS AND ESTABLISHING EQUITY(EPI) | $50,000 |
Columbus, OH PURPOSE: ECONOMIC EMPOWERMENT: PAID LEAVE, CHILDCARE, PAY EQUITY | $20,000 |
Columbus, OH PURPOSE: LEADERSHIP: GIRLS | $20,000 |
Columbus, OH PURPOSE: ECONOMIC EMPOWERMENT: WOMEN'S HEALTH | $15,000 |
Cleveland, OH PURPOSE: ECONOMIC EMPOWERMENT: PAID LEAVE, CHILDCARE, PAY EQUITY | $15,000 |
Westerville, OH PURPOSE: LEADERSHIP: WOMEN & INFLUENCE ON POLICY | $15,000 |
Grants Recieved
Over the last fiscal year, we have identified 18 grants that Womens Fund Of Central Ohio Inc has recieved totaling $506,523.
| Awarding Organization | Amount |
|---|---|
Columbus Foundation Columbus, OH PURPOSE: ADVANCING PHILANTHROPY | $286,900 |
Columbus Foundation Columbus, OH PURPOSE: URBAN AFFAIRS | $53,000 |
Goldman Sachs Foundation New York, NY PURPOSE: GRANT TO SUPPORT THE IMPLEMENTATION OF THE ONE MILLION BLACK WOMEN INITIATIVE IN OH. | $50,000 |
Montei Foundation Columbus, OH PURPOSE: OPERATIONS & PROGRAMMING NEEDS | $25,000 |
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $24,750 |
Paypal Charitable Giving Fund Washington, DC PURPOSE: General Support | $20,907 |
Endowment Analysis
| Beg. Balance | $4,615,427 |
| Earnings | $1,263,151 |
| Ending Balance | $5,878,578 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Vista Foundation Hershey, PA | $12,658,681 | $12,905,128 |
Storehouse For Teachers Pittsburgh, PA | $4,365,823 | $11,202,988 |
Kentucky Educational Development Corporation Ashland, KY | $6,070,827 | $11,298,796 |
Elevate 215 Philadelphia, PA | $9,991,857 | $10,518,985 |
Battelle For Kids Hilliard, OH | $8,986,527 | $5,810,919 |
Mastery Charter Schools Foundation Philadelphia, PA | $112,317,090 | $8,533,885 |
Van Wert County Foundation Van Wert, OH | $84,063,134 | $5,243,606 |
Middlebury Community Schools Employee Benefit Trust Middlebury, IN | $1,426,617 | $4,992,187 |
Carrol W Hirsch Ta Brooklyn, OH | $78 | $994,416 |
Ohio Foundation Of Independent Colleges Inc Columbus, OH | $10,019,771 | $4,357,939 |
Indianapolis Public Schools Education Foundation Inc Indianapolis, IN | $8,991,095 | $5,839,882 |
Sme Education Foundation Southfield, MI | $34,257,056 | $11,054,523 |