Women Of The World Endowment Inc
- Assets
- $7.4m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 9
- Location
- Chevy Chase, MD
- Founding
- Data as of
- 12/2021
- EIN
- 84-4144582
Organization Overview
Women Of The World Endowment Inc is located in Chevy Chase, MD. 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 12/2021, Women Of The World Endowment Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Women Of The World Endowment 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 12/2021, Women Of The World Endowment Inc generated $1.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (55.0%) each year. All expenses for the organization totaled $1.1m during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
WOWE SEEKS TO CREATE INVESTMENT SYSTEMS THAT ENGAGE WOMEN TO ADDRESS THE WORLD'S BIG CHALLENGES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WOWE SEEKS TO ACHIEVE ITS MISSION IN THREE WAYS: 1. THROUGH INVESTING IN WOMEN FOR STRONG FINANCIAL AND IMPACT RETURNS - WOWE IS BUILDING AN ENDOWMENT THAT IS 100% MISSION-ALIGNED, DELIVERING MARKET-RATE RISK ADJUSTED RETURNS AND IMPACT AT SCALE. WOWE WORKS ACROSS ASSET CLASSES IN BOTH PUBLIC AND PRIVATE MARKETS TO MAINSTREAM INVESTING IN AND THROUGH WOMEN. 2. THROUGH INFLUENCING PARTNERSHIPS AND CO-INVESTMENTS - WOWE BUILDS AND CULTIVATES AN INCLUSIVE COMMUNITY OF STAKEHOLDERS WHO COLLABORATE ON INVESTING, AS WELL AS BUILDING INVESTABLE STRATEGIES AND PRODUCTS. WOWE DOES THIS TO ADVANCE AND ACCELERATE CHANGE THROUGH THE POWER OF CAPITAL MARKETS. 3. WOWE PLANS TO GRANT DOLLARS FOR SYSTEMS CHANGE - WOWE WILL PROVIDE FUNDING AND DEVELOP FUNDING PARTNERSHIPS TO GRANT CAPITAL INTO ORGANIZATIONS WORKING TO DELIVER SYSTEMIC IMPACT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patience Ball CEO | Officer | 65 | $189,177 |
Dr Ruth Shaber President | OfficerTrustee | 1 | $0 |
Takuro Kimura Treasurer | OfficerTrustee | 1.5 | $0 |
Lili Forouraghi Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $318,787 |
| Noncash contributions included in lines 1a–1f | $69,641 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $318,787 |
| Total Program Service Revenue | $0 |
| Investment income | $210,660 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $628,645 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,158,092 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $212,471 |
| Compensation of current officers, directors, key employees. | $53,118 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $279,909 |
| Pension plan accruals and contributions | $16,609 |
| Other employee benefits | $10,524 |
| Payroll taxes | $37,254 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $22,864 |
| Fees for services: Accounting | $76,191 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $219,158 |
| Advertising and promotion | $150,074 |
| Office expenses | $23,868 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,518 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $350 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $9,564 |
| All other expenses | $0 |
| Total functional expenses | $1,063,198 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $655,810 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $32,581 |
| 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 | $10,059 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $6,697,683 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $7,396,133 |
| Accounts payable and accrued expenses | $79,686 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $79,686 |
| Net assets without donor restrictions | $818,025 |
| Net assets with donor restrictions | $6,498,422 |
| 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 | $7,396,133 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Women Of The World Endowment Inc has recieved totaling $39,491.
| Awarding Organization | Amount |
|---|---|
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $29,491 |
Nia Community Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $10,000 |
Endowment Analysis
| Beg. Balance | $6,062,207 |
| Earnings | $1,499,413 |
| Other Expense | $1,063,198 |
| Ending Balance | $6,498,422 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Susan B Anthony List Inc Education Fund Arlington, VA | $5,767,032 | $9,955,573 |
National Partnership For Women And Families Inc Washington, DC | $25,541,329 | $5,897,518 |
Womens Business Enterprise National Council Washington, DC | $11,326,059 | $10,413,108 |
Just Associates Inc Washington, DC | $26,815,142 | $4,343,292 |
Independent Womens Forum Winchester, VA | $1,546,796 | $5,680,509 |
National Organization For Women Inc Washington, DC | $1,624,467 | $3,801,315 |
Center For Voter Information Washington, DC | $3,604,211 | $3,163,510 |
Ultraviolet Education Fund Washington, DC | $2,235,451 | $3,245,169 |
Independent Womens Voice Winchester, VA | $1,652,105 | $1,931,380 |
Maryland Coalition Against Sexual Assault Inc Silver Spring, MD | $325,198 | $1,912,294 |
Womens Law Project Philadelphia, PA | $832,358 | $1,850,651 |
Womens Learning Partnership For Rights Development And Peace Ltd Bethesda, MD | $1,897,557 | $1,755,437 |