100 Women In Finance Foundation
- Assets
- $2.8m
- Revenue
- $2.7m
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 01/2004
- Data as of
- 12/2021
- EIN
- 57-1174548
Organization Overview
100 Women In Finance Foundation is located in New York, NY. The organization was established in 2004. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 100 Women In Finance Foundation 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 12/2021, 100 Women In Finance Foundation generated $2.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $1.4m during the year ending 12/2021. While expenses have increased by 1.2% per year over the past 7 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 2020, 100 Women In Finance Foundation has awarded 12 individual grants totaling $185,630. 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
SEE SCHEDULE O.
Describe the Organization's Program Activity:
Part 3 - Line 4a
JUMPSTART. THE 100 WOMEN IN FINANCE JUMPSTART PROGRAM PROVIDES COLLEGE-AGE STUDENTS WITH AN INTRODUCTION TO THE FINANCIAL SERVICES INDUSTRY AND THE OPPORTUNITY TO MEET EXPERIENCED FINANCIAL PROFESSIONALS. THROUGH A VIRTUAL EXPERIENCE, STUDENTS RECEIVE CAREER GUIDANCE, INTERVIEWING AND NETWORKING TIPS, AND OPPORTUNITIES TO INTERACT WITH PROFESSIONALS, RECRUITERS AND FELLOW STUDENTS FROM AROUND THE GLOBE.
INVESTING IN THE NEXT GENERATION. 100 WOMEN IN FINANCE'S INVESTING IN THE NEXT GENERATION INITIATIVE (ING) AIMS TO REACH, INSPIRE, AND SUPPORT YOUNG WOMEN AT HIGH SCHOOL, UNIVERSITY, AND BUSINESS SCHOOL LEVELS WHO WILL BECOME A TALENT PIPELINE FOR THE FUTURE LEADERSHIP OF THE INDUSTRY. THROUGH A NUMBER OF ONGOING INITIATIVES, WE ENCOURAGE PRE-CAREER WOMEN TO LOOK MORE FAVORABLY AT A CAREER IN FINANCE AND INVESTMENTS; CREATE EDUCATIONAL OPPORTUNITIES AND ACCESS POINTS TO SUPPORT YOUNG WOMEN WHO WANT TO JOIN THE INDUSTRY; AND FACILITATE AN ONGOING PEER NETWORK FOR YOUNG WOMEN IN THE INDUSTRY. 100 WOMEN IN FINANCE MAKES GRANTS TO EXTERNAL ORGANIZATIONS THAT PROVIDE DIRECT SERVICES TO TEENAGE GIRLS AND YOUNG WOMEN SO THAT THEY ARE PREPARED, CONFIDENT AND INSPIRED TO PURSUE CAREERS IN THE FINANCE INDUSTRY. 100 WOMEN IN FINANCE ALSO OFFERS FREE MEMBERSHIPS IN 100 WOMEN IN FINANCE TO STUDENTS AND PARTNERS WITH COLLEGES AND UNIVERSITIES TO ENCOURAGE THESE STUDENTS TO REGISTER AS 100 WOMEN IN FINANCE MEMBERS.
AFRICA. 100 WOMEN IN FINANCE LAUNCHED AN EXPLORATION, BEGINNING IN LATE 2020, OF A POTENTIAL EXPANSION OF THE ORGANIZATION'S GLOBAL FOOTPRINT TO INCLUDE AFRICA. THIS EFFORT CULMINATED IN THE OFFICIAL LAUNCH OF 100 WOMEN IN FINANCE LOCATIONS IN SOUTH AFRICA AND KENYA IN 2022, WITH FURTHER EXPANSION INTO NIGERIA PLANNED.
EDUCATIONAL AND NETWORKING EVENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amanda Pullinger Chief Executive Officer | Officer | 10 | $143,175 |
Chaitali Patel Chief Impact Officer | 40 | $135,000 | |
Sheri Zekraus Chief Marketing Officer | 16 | $54,000 | |
Ann Henry Chief Financial Officer | Officer | 12 | $50,648 |
Diana Cantor Treasurer | OfficerTrustee | 3 | $0 |
Lauren Malafronte Chair | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $1,443,824 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,227,995 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,671,819 |
| Total Program Service Revenue | $23,500 |
| Investment income | -$4,831 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,690,488 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $50,064 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $132,851 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $180,305 |
| Compensation of current officers, directors, key employees. | $37,999 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $218,300 |
| Pension plan accruals and contributions | $11,511 |
| Other employee benefits | $4,761 |
| Payroll taxes | $25,433 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $24,809 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $265,342 |
| Advertising and promotion | $93,621 |
| Office expenses | $69,711 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $106,968 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $334 |
| Insurance | $1,630 |
| All other expenses | $0 |
| Total functional expenses | $1,408,948 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,459,814 |
| Pledges and grants receivable | $237,877 |
| Accounts receivable, net | $51,796 |
| 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 | $70,920 |
| Net Land, buildings, and equipment | $1,670 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,822,077 |
| Accounts payable and accrued expenses | $23,579 |
| Grants payable | $0 |
| Deferred revenue | $85,801 |
| 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 | $0 |
| Total liabilities | $109,380 |
| Net assets without donor restrictions | $2,490,954 |
| Net assets with donor restrictions | $221,743 |
| 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 | $2,822,077 |
Grants Awarded
Over the last fiscal year, 100 Women In Finance Foundation has awarded $75,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: GENERAL SUPPORT | $25,000 |
Oakland, CA PURPOSE: GENERAL SUPPORT | $20,000 |
Westlake, OH PURPOSE: GENERAL SUPPORT | $10,000 |
Carpinteria, CA PURPOSE: GENERAL SUPPORT | $10,000 |
New York, NY PURPOSE: GENERAL SUPPORT | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that 100 Women In Finance Foundation has recieved totaling $38,192.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $24,942 |
Nia Community Foundation Wilmington, DE PURPOSE: NIA IMPACT CAPITAL FUND | $10,000 |
Drw Trading Group Foundation Chicago, IL PURPOSE: GENERAL SUPPORT | $2,500 |
Rockefeller Foundation New York, NY PURPOSE: IN SUPPORT OF RF DONATIONS TO CHARITABLE ORGANIZATIONS | $750 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Social Finance Inc Boston, MA | $95,994,128 | $81,693,226 |
New York Womens Foundation New York, NY | $31,744,630 | $15,820,113 |
Ecumenical Enterprises Inc Dallas, PA | $29,362,494 | $14,819,334 |
Fund For The Aged Inc New York, NY | $109,939,296 | $8,972,478 |
Sdsn Association Inc New York, NY | $10,017,542 | $13,246,367 |
The Foundation For Enhancing Communities Harrisburg, PA | $107,592,484 | $47,434,480 |
Shear Family Foundation Inc Pittsburgh, PA | $193,925,105 | $4,615,784 |
Greater Ridgewood Youth Council Inc Ridgewood, NY | $6,525,051 | $8,713,714 |
Rite Aid Healthy Futures Camp Hill, PA | $33,191,715 | $15,687,011 |
Glasswing International Usa Inc New York, NY | $37,699,055 | $11,179,883 |
The Samberg Family Foundation Katonah, NY | $0 | $4,486,499 |
Single Stop Usa Inc New York, NY | $4,715,111 | $5,987,742 |