CHICAGO FOUNDATION FOR WOMEN Charity Report

Public IRS 990 nonprofit record

CHICAGO FOUNDATION FOR WOMEN

EIN 36-3348160 · Private Independent Foundations (T22)

What they do

for FORTY YEARS, CFW HAS BEEN THE ONLY ORGANIZATION IN THE REGION to TAKE A COMPREHENSIVE APPROACH to UNDERSTAND and ADDRESS THE CHALLENGES and NEEDS WOMEN and GIRLS FACE THROUGH EVERY STAGE of THEIR LIVES WITH A FOCUS ON ITS FOUR IMPACT AREAS. CFW WORKS WITH A COMMUNITY of SOCIALLY-MINDED INVESTORS WHO SHARE OUR PASSION for IMPROVING THE LIVES of WOMEN, GIRLS, and GENDER-EXPANSIVE PEOPLE and ENSURES THAT EVERY DOLLAR THEY GIVE ACHIEVES MAXIMUM IMPACT. WE HOLD OURSELVES and OUR GRANTEES to A HIGH STANDARD: CONDUCTING RIGOROUS EVALUATION, CAREFUL MONITORING, and ACHIEVING COMMUNITY-CENTERED RESULTS. CFW ALSO INVESTS IN THE FUTURE of ORGANIZATIONS THROUGH LEADERSHIP DEVELOPMENT and BUILDING SUSTAINABLE NONPROFIT INFRASTRUCTURE. AS A RESULT, TWO-THIRDS of NONPROFITS for WHICH CFW WAS THE FIRST INSTITUTIONAL FUNDER ARE STILL THRIVING TEN YEARS AFTER RECEIVING THEIR FIRST CFW GRANT.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $75.40 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders30 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

150.25%of revenue went to mission work75.4% of expenses · Program services

28.18%of revenue went to fundraising14.1% of expenses

$199.38spent for every $100 of revenueSpending was higher than revenue this year.

20.95%of revenue went to management and office costs10.5% of expenses

$3.99in assets for every $1 spent this yearSome assets cannot be spent right away.

131.4%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $3,246,664 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $140,874 for LORA YORK (DIRECTOR OF PROGRAMS). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$3,266,968

Mission workProgram services$4,908,731150.25% of revenue75.4% of expenses

ManagementOffice and general costs$684,40420.95% of revenue10.5% of expenses

FundraisingAsking for donations$920,49728.18% of revenue14.1% of expenses

Total expenses$6,513,632199.38% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 75.4% mission · 10.5% management · 14.1% fundraisingTotal expenses: 199.38% of revenue

2023Expense mix: 76.7% mission · 10.9% management · 12.4% fundraisingTotal expenses: 86.16% of revenue

2022Expense mix: 87.9% mission · 1.9% management · 10.2% fundraisingTotal expenses: 80.73% of revenue

2021Expense mix: 90.2% mission · 2.7% management · 7.1% fundraisingTotal expenses: 63.45% of revenue

2020Expense mix: 84.0% mission · 3.6% management · 12.4% fundraisingTotal expenses: 105.66% of revenue

2019Expense mix: 79.1% mission · 5.5% management · 15.4% fundraisingTotal expenses: 85.95% of revenue

2018Expense mix: 81.4% mission · 6.2% management · 12.4% fundraisingTotal expenses: 61.78% of revenue

2017Expense mix: 83.7% mission · 2.7% management · 13.6% fundraisingTotal expenses: 97.92% of revenue

Money in and money out

Revenue$3,266,968

Expenses$6,513,632

Annual shortfall $3,246,664 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$4,908,731 · 75.4% of expenses

Management and office costs$684,404 · 10.5% of expenses

Fundraising$920,497 · 14.1% of expenses

See all reported dollar amounts

Revenue$3,266,968

Expenses$6,513,632

Assets$25,963,785

Income$28,299,369

Contributions$4,291,538

Mission work (program services)$4,908,731

Fundraising$920,497

Grants given$25,708,155

Average grant$16,427

Management and general$684,404

Executive compensation (total)$360,483

Stocks and bonds$23,489,430

Investing fees$110,330

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

LORA YORKDIRECTOR OF PROGRAMS · 40 hrs/week $140,874Base $131,234 · Other $9,640

ILDA LAGUNASDIRECTOR OF DONOR & COMMUNITY ENGAGEMENT · 40 hrs/week $136,389Base $121,989 · Other $14,400

BETTY SANCHEZDIRECTOR OF FINANCE · 40 hrs/week $125,096Base $107,196 · Other $17,900

WENDY VEGA-HUEZODIRECTOR OF HUMAN RESOURCES · 40 hrs/week $124,904Base $115,683 · Other $9,221

KEENYA LAMBERTPRESIDENT & CEO · 40 hrs/week $123,022Base $119,084 · Other $3,938

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (30)

LORA YORKDIRECTOR OF PROGRAMS

ILDA LAGUNASDIRECTOR OF DONOR & COMMUNITY ENGAGEMENT

BETTY SANCHEZDIRECTOR OF FINANCE

WENDY VEGA-HUEZODIRECTOR OF HUMAN RESOURCES

KEENYA LAMBERTPRESIDENT & CEO

JESSICA SOHLBOARD CHAIR

TANYA G DAVISTREASURER

SUSAN M KUROWSKIDIRECTOR

SUNNY FISCHERINTERIM CEO (THRU MAY-24)

REGINA CROSSDIRECTOR

REBECCA BROKMEIERDIRECTOR (THRU SEPT.2024)

PATRICIA MOTADIRECTOR

NORMAN B JONESDIRECTOR

NAILA ALEXANDERDIRECTOR

LAUREN DENSHAMDIRECTOR

JOAN BACONDIRECTOR

JILL LYONSDIRECTOR

ALICIA C L BAILEYDIRECTOR

GRETCHEN WOLFSECRETARY

GEORGINA E HEARD-LABONNEDIRECTOR

GEORGE KRANIOTISDIRECTOR

GAIL ARTHURS KRAHENBUHLDIRECTOR

FRAYA LYNN HIRSCHBERGDIRECTOR (THRU FEB. 2025)

ERICA DUNCANDIRECTOR

EMILY LONIGRODIRECTOR

DEBORAH B COLEDIRECTOR

ANN MARIE WRIGHTIMMEDIATE PAST CHAIR

ANITA PONDERDIRECTOR

ANITA MITALDIRECTOR

ANGELA PUTNAMDIRECTOR

About this charity

Recognized since: January 1985
Location: 140 S DEARBORN ST STE 400, CHICAGO, IL 60603-5229
County: Cook
In care of: % CHIC
Primary officer: KEENYA LAMBERT, CEO

How to reach them

WebsiteVisit the charity’s website Emailinfo@cfw.org Phone(312) 577-2833

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: SASSETTI LLC
NTEE classification: Private Independent Foundations (T22)
IRS tax category: Private Independent Foundations
Grant-giving organization: Yes