Womens Foundation Of The South
- Assets
- $1.5m
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 5
- Location
- New Orleans, LA
- Founding
- Data as of
- 12/2022
- EIN
- 84-3702899
Organization Overview
Womens Foundation Of The South is located in New Orleans, LA. 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 12/2022, Womens Foundation Of The South employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Womens Foundation Of The South 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 12/2022, Womens Foundation Of The South generated $2.0m in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 6.8% each year. All expenses for the organization totaled $1.8m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO INVEST IN THE COLLECTIVE POWER, HEALTH, WELL-BEING, ECONOMIC SECURITY, AND LEADERSHIP OF WOMXN AND GIRLS OF COLOR IN THE SOUTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WFS ENVISIONS A FLOURISHING SOUTH WHERE WOMXN AND GIRLS OF COLOR ARE HEALTHY, SAFE, AND WELL-RESOURCED TO DETERMINE THEIR OWN DESTINIES AND ENSURE THAT THEY AND THEIR FAMILIES THRIVE. WFS AIMS TO BE A PERMANENT, ENDOWED INSTITUTION THAT SERVES AS A GATEWAY FOR DONORS, FOUNDATIONS, CORPORATIONS, AND INDIVIDUAL INVESTORS TO MAXIMIZE THE SOCIAL IMPACT OF THEIR INVESTMENTS IN WOMXN AND GIRLS OF COLOR IN THE SOUTH. WE VALUE THE BRILLIANCE OF MOTHER WIT, EQUITY JUSTICE, SISTERHOOD, POWER-SHARING, INGENUITY, SELF-DETERMINATION, AND COMMUNITY WISDOM.IN 2022, WFS GREW ITS TEAM AND RAISED MONEY TOWARD REACHING ITS FULL 13-STATE FOCUS AREA ACROSS THE SOUTHERN U.S. ROOTED IN LOUISIANA, WFS EXPANDED ITS SERVICES IN 2022 TO INCLUDE ORGANIZATIONS LED BY WOMEN OF COLOR IN THE STATE OF MISSISSIPPI, AS WELL AS THOSE IN LOUISIANA. OUR RADICAL APPROACH TO PHILANTHROPY IS EXEMPLIFIED IN OUR FLAGSHIP PROGRAM, WOC @ REST. THIS PROGRAM, CURATED IN PARTNERSHIP WITH JUNEBUG PRODUCTIONS, UNIQUELY CENTERS WOMENLEADERS OF COLOR WHO SERVE ON THE FRONT LINES IN OUR ONGOING FIGHT FOR EQUITY, JUSTICE, HEALING, AND PROSPERITY IN COMMUNITIES THROUGHOUT THE AMERICAN SOUTH. WOC @ REST ADDRESSES THREE ISSUES THAT WOC LEADERS REPORT ARE THEIR GREATEST CHALLENGES:- UNDERFUNDING OF THEIR WORK,- NEED FOR SELF-HEALING AND LEADERSHIP DEVELOPMENT SUPPORT, AND- MORE STRATEGIC COMMUNICATIONS HELP.NONPROFITS LED BY WOMEN OF COLOR, ESPECIALLY BLACK WOMEN, OFTEN MUST MEET A HIGH BAR TO PROVE THEIR "WORTHINESS AND CAPABILITY FOR FUNDING, WHILE BEING OVERLOOKED FOR THEIR KNOWHOW. WOC @ REST OFFERS HARD-WORKING WOMEN OF COLOR LEADERS A NEEDED PAUSE AND TIME TO REST:RESTORE BY PARTICIPATING IN A 2-DAY HEALING RETREAT;ELEVATE THEIR LEADERSHIP WITH A LEADERSHIP DEVELOPMENT AND RESTORATION GRANT;SUPPORT THEIR LEADERSHIP THROUGH STATEWIDE AND REGIONAL NETWORK BUILDING;TELL THEIR STORY BY PARTICIPATING IN A RECORDED STORYTELLING EXERCISE THAT HIGHLIGHTS THE REALITY OF WOMEN AND GIRLS, ORGANIZATIONAL AND COMMUNITY NEEDS, INNOVATIVE PRACTICES IN THEIR WORK, AND RECOMMENDATIONS OF HOW THE PHILANTHROPIC ECOSYSTEM CAN HELP.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Hairston Board Member | Trustee | 1 | $0 |
Gracia Hillman Board Member | Trustee | 1 | $0 |
Rica Lewis-Payton Board Member | Trustee | 1 | $0 |
Lori Spicer Robertson Board Member | Trustee | 1 | $0 |
Diana Jones Wilson Board Member | Trustee | 1 | $0 |
Sherece West-Scantleberry Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $33,585 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,187,892 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,221,477 |
| Total Program Service Revenue | $0 |
| Investment income | $928 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$178,825 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,045,580 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $168,000 |
| 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. | $511,277 |
| Compensation of current officers, directors, key employees. | $121,407 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $339,181 |
| Pension plan accruals and contributions | $25,650 |
| Other employee benefits | $33,764 |
| Payroll taxes | $46,137 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,080 |
| Fees for services: Accounting | $56,527 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $270,378 |
| Advertising and promotion | $10,007 |
| Office expenses | $62,191 |
| Information technology | $41,135 |
| Royalties | $0 |
| Occupancy | $32,503 |
| Travel | $29,894 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $93,457 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,779 |
| All other expenses | $25,983 |
| Total functional expenses | $1,753,943 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $755,999 |
| Pledges and grants receivable | $718,838 |
| 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 | $10,424 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,485,261 |
| Accounts payable and accrued expenses | $40,386 |
| Grants payable | $65,000 |
| 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 | $0 |
| Total liabilities | $105,386 |
| Net assets without donor restrictions | $507,623 |
| Net assets with donor restrictions | $872,252 |
| 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 | $1,485,261 |
Grants Awarded
Over the last fiscal year, Womens Foundation Of The South has awarded $70,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
FOREFRONT PURPOSE: VISION, VOICE, VALUE GRANT | $10,000 |
MAGNOLIA MEDICAL FOUNDATION PURPOSE: WOC MISSISSIPPI GRANT | $10,000 |
PHILANTHROPY NORTHWEST PURPOSE: VISION, VOICE, VALUE GRANT | $10,000 |
PHILANTHROPY OHIO PURPOSE: VISION, VOICE, VALUE GRANT | $10,000 |
PHILANTHROPY SOUTHEAST PURPOSE: VISION, VOICE, VALUE GRANT | $10,000 |
THE MINNEAPOLIS FOUNDATION PURPOSE: VISION, VOICE, VALUE GRANT | $10,000 |