WOMENS FOUNDATION OF MINNESOTA Charity Report

Public IRS 990 nonprofit record

WOMENS FOUNDATION OF MINNESOTA

EIN 41-1635761 · Philanthropy, Voluntarism & Grantmaking Foundations (T310)

What they do

Womens Foundation of Minnesota is A Statewide Community Foundation Investing In Ending Systemic Inequities and Driving Innovation for Gender and Racial Justice. WFM Applies An Intersectional Equity Framework Inclusive of Gender, Race, Place, and Additional Identities (ethnicity, Sovereignty, Socioeconomic Class, Age, Disability, LGBTQ+, Immigration Status) to Our Research, Grantmaking, Public Policy Agenda, and Internal Work. WFMN Maintains The Diversity of Multiracial and Cultural Perspectives In The Service of Its Mission, Governance, Operations and Processes.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $84.60 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 leaders29 people are listed in the latest report.

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

Money made simple

79.61%of revenue went to mission work84.6% of expenses · Program services

0.50%of revenue went to fundraising0.5% of expenses

$94.07spent for every $100 of revenueRevenue covered expenses this year.

13.96%of revenue went to management and office costs14.8% of expenses

$4.60in assets for every $1 spent this yearSome assets cannot be spent right away.

89.1%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.

Pay context: The highest compensation shown in this filing is $299,857 for GLORIA PEREZ (PRESIDENT AND CEO). 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$9,098,569

Mission workProgram services$7,243,36279.61% of revenue84.6% of expenses

ManagementOffice and general costs$1,269,75813.96% of revenue14.8% of expenses

FundraisingAsking for donations$45,5380.50% of revenue0.5% of expenses

Revenue left after expensesReported annual surplus$539,9115.93% of revenueShown in gray on the chart

Total expenses$8,558,65894.07% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

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: 84.6% mission · 14.8% management · 0.5% fundraisingTotal expenses: 94.07% of revenue

2023Expense mix: 84.1% mission · 14.3% management · 1.6% fundraisingTotal expenses: 113.53% of revenue

2022Expense mix: 80.7% mission · 16.5% management · 2.9% fundraisingTotal expenses: 53.47% of revenue

2021Expense mix: 84.2% mission · 14.4% management · 1.3% fundraisingTotal expenses: 117.93% of revenue

2020Expense mix: 81.7% mission · 18.0% management · 0.2% fundraisingTotal expenses: 110.84% of revenue

2019Expense mix: 80.0% mission · 19.7% management · 0.3% fundraisingTotal expenses: 102.34% of revenue

2018Expense mix: 83.0% mission · 16.4% management · 0.6% fundraisingTotal expenses: 182.26% of revenue

2017Expense mix: 86.1% mission · 13.3% management · 0.5% fundraisingTotal expenses: 116.02% of revenue

Money in and money out

Revenue$9,098,569

Expenses$8,558,658

Annual surplus $539,911 Revenue was higher than expenses 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)$7,243,362 · 84.6% of expenses

Management and office costs$1,269,758 · 14.8% of expenses

Fundraising$45,538 · 0.5% of expenses

See all reported dollar amounts

Revenue$9,098,569

Expenses$8,558,658

Assets$39,363,615

Income$33,531,068

Contributions$8,109,620

Mission work (program services)$7,243,362

Fundraising$45,538

Grants given$21,056,367

Average grant$29,286

Management and general$1,269,758

Accounting fees$37,849

Investing fees$164,665

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

GLORIA PEREZPRESIDENT AND CEO · 40 hrs/week $299,857Base $267,750 · Other $32,107

HEIDI WALSHEXECUTIVEVP FINANCE AND OPERATIONS · 40 hrs/week $215,708Base $191,702 · Other $24,006

NADIA SIDDIQUIVP OF ADVANCEMENT · 40 hrs/week $176,410Base $150,792 · Other $25,618

LACORA BRADFORD KESTIVP COMMUNITY IMPACT · 40 hrs/week $160,895Base $141,129 · Other $19,766

MICHELLE TRANS MYERSVP OF INNOVATION & STRATEGIC COMMS · 40 hrs/week $154,142Base $129,269 · Other $24,873

JENNIFER LOWMAN DAYSENIORDIRECTOR COMMUNICATIONS · 40 hrs/week $143,860Base $123,837 · Other $20,023

CAROLYN VAN NELSONDIRECTOR OF FINANCE & TECHNOLOGY · 40 hrs/week $136,178Base $113,303 · Other $22,875

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 (29)

GLORIA PEREZPRESIDENT AND CEO

HEIDI WALSHEXECUTIVEVP FINANCE AND OPERATIONS

NADIA SIDDIQUIVP OF ADVANCEMENT

LACORA BRADFORD KESTIVP COMMUNITY IMPACT

MICHELLE TRANS MYERSVP OF INNOVATION & STRATEGIC COMMS

JENNIFER LOWMAN DAYSENIORDIRECTOR COMMUNICATIONS

CAROLYN VAN NELSONDIRECTOR OF FINANCE & TECHNOLOGY

RAJNI SHAHTRUSTEE

MARY MIKLETHUNTRUSTEE

RAICHEL BROWNTRUSTEE

VELMA KORBELTRUSTEE

SANDRA VARGASTRUSTEE

SUSAN SANDSTRUSTEE

TONYA JACKMAN HAMPTONTRUSTEE

VALERIE SPENCERTRUSTEE

VANESSA GOODTHUNDERTRUSTEE

ADAIR MOSELYTRUSTEE

KRIS MARITZTRUSTEE

KATHERINE HAYESTRUSTEE

HENRY JIMENEZTRUSTEE

FATIMA SAIDTRUSTEE

ELLIE KRUGTRUSTEE

ELIZABETH TOLZMANNTRUSTEE

ED HEISLERSECRETARY

DEBARATI SENTREASURER

CHANDA SMITH BAKERCHAIR

BRENDA QUAYETRUSTEE

BETHLEHEM GRONNEBERGTRUSTEE

ANITA PATELVICE CHAIR

About this charity

Recognized since: January 1996
Location: 105 5TH AVE S STE 525, MINNEAPOLIS, MN 55401-5454
County: Hennepin
In care of: Gloria Perez
Primary officer: Gloria Perez, President and CEO

How to reach them

WebsiteVisit the charity’s website Phone(612) 337-5010

Filing and classification

Latest tax year: 2024
Tax period began: April 1, 2024
Return type: 990
Tax preparer: EIDE BAILLY LLP
NTEE classification: Philanthropy, Voluntarism & Grantmaking Foundations (T310)
Grant-giving organization: Yes