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Women's Funding Network Organization Name provided in the GuideStar Exchange* as of 01/17/2013: Women's Funding Network

Organization Name as listed in the IRS Business Master File as of 07/14/2014: WOMENS FUNDING NETWORK

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AKA  WFN
San Francisco, CA
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GuideStar Summary

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&1002; Registered with IRS Legitimacy information is available
&1002; Evidence of Impact Expert Reviews available
&1002; Financial Data Annual Revenue and Expense data reported
&1002; Forms 990 2012, 2011, and 2010 Forms 990 filed with the IRS
&1002; Mission Objectives Mission Statement is available
&1002; Impact Summary Impact Summary from the nonprofit is available
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Basic Organization Information

Women's Funding Network Organization Name provided in the GuideStar Exchange* as of 01/17/2013: Women's Funding Network

Organization Name as listed in the IRS Business Master File as of 07/14/2014: WOMENS FUNDING NETWORK

* The GuideStar Exchange allows nonprofits to regularly update key information directly to GuideStar. It provides richer and broader information about their programs, impact, finances, people and more.
Also Known As: WFN
Physical Address: San Francisco, CA 94111 
EIN: 41-1685134
Web URL: www.womensfundingnetwork.org 
Blog URL: theshechange.blogspot.com 
NTEE Category: T Philanthropy, Voluntarism, and Grantmaking
T02 Management & Technical Assistance
T Philanthropy, Voluntarism, and Grantmaking
T12 Fund Raising and/or Fund Distribution
R Civil Rights, Social Action, Advocacy
R24 Women's Rights
Ruling Year: 1991 


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Mission Statement

As a global network and a movement for social justice, we accelerate women's leadership and invest in solving critical social issues -- from poverty to global security -- by bringing together the financial power, influence and voices of women's funds.

Legitimacy Information

This organization is registered with the IRS.

This organization is required to file an IRS Form 990 or 990-EZ.

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Annual Revenue & Expenses (GuideStar Exchange,
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January 2013)

Fiscal Year Starting: January 1, 2010
Fiscal Year Ending: December 31, 2010

Total Revenue $4,791,574
Total Expenses $4,524,898

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January 2013)

Fiscal Year Starting: January 1, 2010
Fiscal Year Ending: December 31, 2010

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Balance Sheet (IRS Form 990)

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Forms 990 Received from the IRS Additional Information
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Forms 990 Provided by the Nonprofit

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Financial Statements

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Annual Reports

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Leadership (GuideStar Exchange,
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January 2013)

Ms. Michele Ozumba

Term:

Since Oct 2011

Profile:

Michele Ozumba is the President & CEO of Women’s Funding Network. Michele joined WFN in May 2011 as Chief Program Officer, bringing to the organization a history of leadership and advocacy that has advanced policies impacting the well-being of women and girls from Nigeria to the United States. Prior to WFN, Michele served as President and CEO of the Georgia Campaign for Adolescent Pregnancy Prevention (G-CAPP) for ten years. G-CAPP is the second largest statewide teen pregnancy prevention organization among a national network of 15 states. From 1995 to 1999, Michele served as Director of the Office of Adolescent Health at the Georgia Division of Public Health. Michele’s background also includes twelve years as a senior lecturer in Urban Planning at the University of Nigeria. During that time, she was designated as a co-investigator in the first national study on child abuse in Nigeria. The report’s findings resulted in the creation of three regional reporting centers, to make reporting and assistance more accessible to the community. She has served on the board of directors of the Atlanta Women’s Foundation, the National Healthy Teen Network, and the National Advisory Council on Sexual Health, chaired by Dr. David Satcher, former U.S. Surgeon General. She holds a Bachelor’s degree in History and Political Science from Douglass College, and Master’s in City & Regional Planning from Rutgers University.

Leadership Statement:

Our world’s most pressing problems have been compounded by a global economic crisis. With the failure of major banks and corporations, and the heavy price paid in lost homes and jobs, our faith in mainstream financial institutions has been eroded. We stand at the brink of a new era, one that calls for new systems and new approaches to investment and philanthropy. While the traditional investment model was designed to produce profits for a few, often at the expense and exclusion of many, women’s funds have always sought to benefit all by strategic, targeted investments in solutions led by women and girls. We recognize that the leadership of women can ripple out to shape entire communities, and power local and national economies. Now is the time to bring our proven investment strategy to the forefront. Women’s funds are leading the groundswell to build a new, just and sustainable global economy. Now more than ever, we need you to be part of the solution. We invite you to connect with our international community of activists, donors, thought leaders and change makers. Together, we are uniting money, ideas and actions to create lasting change.

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January 2013)

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January 2013)

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Officers for Fiscal Year (IRS Form 990)

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Highest Paid Employees & Their Compensation (IRS Form 990)

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People information was last updated by the nonprofit in January 2013

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Programs

Program: Poverty Initiatives and Economic Security Efforts (GuideStar Exchange,
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January 2013)

Budget:
$849,268
Category:
International, Foreign Affairs & National Security
Population Served:
Females, all ages or age unspecified

Program Description:

Poverty remains one of the globe’s most pressing challenges, and women and girls are disproportionately impacted. The World Food Program estimates that 7 out of 10 of the world’s hungry are women and girls. Women’s funds are proving that investments in women can power lasting changes to both family and community poverty. How Women’s Funds Are Responding Over 80% of women's funds prioritize investments in programs that build economic opportunity for women and combat poverty. Their work empowers women experiencing poverty to devise solutions with lasting impact. Women's funds are seeing proven results by focusing on the following strategies: 1. Building Entrepreneurship: Women's funds promote women's business ownership, microfinance efforts, or ways to provide women with access to micro-loans, financial markets, and financial literacy and business training. 2. Asset-Building and Financial Literacy: Women's funds support women’s financial empowerment by championing women’s land rights and property ownership as well as through investments in matched savings programs, financial literacy and training. 3. Better Jobs: Women’s funds invest in strategies to improve wages, working conditions, labor standards, benefits, and training opportunities for women workers. 4. Investing in Children: Women’s funds invest in programs that promote quality, affordable child care and prioritize girls' education.

Program Long-Term Success:

Successfully launched Women Moving Millions campaign.

Program Short-Term Success:

Program Success Monitored by:

Program Success Examples:

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Impact Summary from the Nonprofit

Today, more than 160 members of the Women's Funding Network make grants of over $65 million per year and have collective working assets of $535 million. We are poised to make a new decade of history, with a target of reaching $1.5 billion in collective working assets by 2018. The new infusion of funding represented by these targets will mean lasting change in women’s human and economic rights, as well their access to health care and education in communities everywhere.

Expert Reviews and Comments

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Evidence of Impact

There are no summaries available for this organization.

WFN works with women's funds/foundations nationally (and internationally), many of which fund in the area of reproductive rights. Their technical support of their member funds strengthens the entire sector, increasing the availability of funds to support reproductive rights work. Foundation Professional

Organizational Strengths

There are no summaries available for this organization.

Chris Grumm, the CEO, is visionary. Their membership support services (members = women's funds) are very good, and they are actively engaged in trying to develop young leaders. Foundation Professional

Areas for Improvement

There are no summaries available for this organization.

Focus is broader than reproductive rights so other issues may take precedence. Not all of their member funds are actively engaged in reproductive rights work. Foundation Professional
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