Lift Women's Foundation

Loans Inspire Futures Together

Rock Island, IL   |  liftwomensfoundation.org
This organization has not appeared on the IRS Business Master File in a number of months. It may have merged with another organization or ceased operations.
This organization's exempt status was automatically revoked by the IRS for failure to file a Form 990, 990-EZ, 990-N, or 990-PF for 3 consecutive years. Further investigation and due diligence are warranted.

Mission

Lift Women's Foundation's why: Mission: Loan's Inspire Futures Together Purpose: The Lift Women's Foundation works tirelessly to "uplift women's economic status by investing capital and expertise to inspire financial independence." Vision: To be THE community source for the economic advancement and financial self-reliance for women everywhere, one microloan at a time.

Notes from the nonprofit

Lift Women's Foundation is excited about our new brand and focus. We are here to create access to capital to women in under-resourced communities. Economic status should not be a barrier to being able to start a business. We are here to take a step towards financial equity for women that would not otherwise qualify for a conventional loan.

Ruling year info

2002

Executive Director

Marcie Ordaz

Main address

230 16th St

Rock Island, IL 61201 USA

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Formerly known as

Royal Neighbors Foundation

EIN

35-2164486

NTEE code info

Scholarships, Student Financial Aid, Awards (B82)

IRS filing requirement

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

Sign in or create an account to view Form(s) 990 for 2019, 2018 and 2018.
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Communication

Programs and results

What we aim to solve

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Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Women's Micro-Loan Program

Loans are available to woman owned or woman centered businesses such as, but not limited to:

Licensure expenditures
Licensed childcare and education sites
Hair salons – products for women such as wigs, weaves, skin products
Clothing stores – including ethnic attire, shoes, undergarments for those hard to fit
Gardening and yard work
Help at home businesses – for disabled, elderly
Operating expenses: accounting, online/website expenses
Equipment – new or repair
Expenses to establish a cottage food industry
Other enterprises that are aimed to empower local women entrepreneur
Loans can be made up to $5,000

Population(s) Served
Adults
Women
Economically disadvantaged people

Where we work

Financials

Lift Women's Foundation
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Operations

The people, governance practices, and partners that make the organization tick.

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Connect with nonprofit leaders

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  • Analyze a variety of pre-calculated financial metrics
  • Access beautifully interactive analysis and comparison tools
  • Compare nonprofit financials to similar organizations

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Lift Women's Foundation

Board of directors
as of 09/25/2023
SOURCE: Self-reported by organization
Board co-chair

Karen Hayes

Royal Neighbors of America

Term: 2022 - 2024


Board co-chair

Matt Mendenhall

Regional Development Authority

John Friederich

Royal Neighbors of America

Juliet Christenson

Royal Neighbors of America

Marla Glabe

Management Control International, Inc.

Amanda Boyer

Quad City Bank & Trust

Janet Sichterman

Kent Corporation

Rebecca Cavanaugh

Royal Neighbors of America

Kevin Bard

Royal Neighbors of America

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? Yes
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Not applicable
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? Yes

Organizational demographics

SOURCE: Self-reported; last updated 9/25/2023

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
Hispanic/Latino/Latina/Latinx
Gender identity
Female, Not transgender
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

Race & ethnicity

Gender identity

Transgender Identity

Sexual orientation

Disability