2023-11-15T17:10:18-06:00 2022-12-31 923320348 EAG GULF COAST LLC ONE GALLERIA BLVD STE 2100 METAIRIE LA 70001 990 2022-01-01 843702899 WOMEN'S FOUNDATION OF THE SOUTH WOME 5046038754 401 ST JOSEPH STREET 2A NEW ORLEANS LA 70130 CARMEN RANDOLPH PRESIDENT & CEO 5046038754 2023-11-15 1 CARMEN RANDOLPH 999009999 1 GINA RACHEL P01216293 5048375990 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z CARMEN RANDOLPH 401 ST JOSEPH STREET 2A NEW ORLEANS LA 70130 2232905 0 X HTTPS://WWW.WOMENSFOUNDATIONSOUTH.ORG/ X 2019 LA TO INVEST IN THE COLLECTIVE POWER, HEALTH, WELL-BEING, ECONOMIC SECURITY, AND LEADERSHIP OF WOMXN AND GIRLS OF COLOR IN THE SOUTH. 8 8 5 15 0 0 1791719 2221477 0 0 459 928 1300 -176825 1793478 2045580 131000 168000 0 0 204499 956009 220000 0 475386 152850 629934 708349 1753943 1085129 291637 1172341 1485261 84103 105386 1088238 1379875 X WFS RAISES MONEY AND INVESTS IT IN NONPROFITS AND BUSINESSES ACROSS 13 STATES AS THE ONLY PERMANENT FOUNDATION DEDICATED TO CENTERING AND INVESTING IN THE COLLECTIVE HEALTH, WEATLH, AND POWER OF BLACK, INDIGENOUS, LATINX, AND ASIAN WOMXN AND GIRLS ACROSS THE SOUTH. 0 0 648046 168000 2000 WFS ENVISIONS A FLOURISHING SOUTH WHERE WOMXN AND GIRLS OF COLOR ARE HEALTHY, SAFE, AND WELL-RESOURCED TO DETERMINE THEIR OWN DESTINIES AND ENSURE THAT THEY AND THEIR FAMILIES THRIVE. WFS AIMS TO BE A PERMANENT, ENDOWED INSTITUTION THAT SERVES AS A GATEWAY FOR DONORS, FOUNDATIONS, CORPORATIONS, AND INDIVIDUAL INVESTORS TO MAXIMIZE THE SOCIAL IMPACT OF THEIR INVESTMENTS IN WOMXN AND GIRLS OF COLOR IN THE SOUTH. WE VALUE THE BRILLIANCE OF MOTHER WIT, EQUITY JUSTICE, SISTERHOOD, POWER-SHARING, INGENUITY, SELF-DETERMINATION, AND COMMUNITY WISDOM.IN 2022, WFS GREW ITS TEAM AND RAISED MONEY TOWARD REACHING ITS FULL 13-STATE FOCUS AREA ACROSS THE SOUTHERN U.S. ROOTED IN LOUISIANA, WFS EXPANDED ITS SERVICES IN 2022 TO INCLUDE ORGANIZATIONS LED BY WOMEN OF COLOR IN THE STATE OF MISSISSIPPI, AS WELL AS THOSE IN LOUISIANA. OUR RADICAL APPROACH TO PHILANTHROPY IS EXEMPLIFIED IN OUR FLAGSHIP PROGRAM, WOC @ REST. THIS PROGRAM, CURATED IN PARTNERSHIP WITH JUNEBUG PRODUCTIONS, UNIQUELY CENTERS WOMENLEADERS OF COLOR WHO SERVE ON THE FRONT LINES IN OUR ONGOING FIGHT FOR EQUITY, JUSTICE, HEALING, AND PROSPERITY IN COMMUNITIES THROUGHOUT THE AMERICAN SOUTH. WOC @ REST ADDRESSES THREE ISSUES THAT WOC LEADERS REPORT ARE THEIR GREATEST CHALLENGES:- UNDERFUNDING OF THEIR WORK,- NEED FOR SELF-HEALING AND LEADERSHIP DEVELOPMENT SUPPORT, AND- MORE STRATEGIC COMMUNICATIONS HELP.NONPROFITS LED BY WOMEN OF COLOR, ESPECIALLY BLACK WOMEN, OFTEN MUST MEET A HIGH BAR TO PROVE THEIR "WORTHINESS AND CAPABILITY FOR FUNDING, WHILE BEING OVERLOOKED FOR THEIR KNOWHOW. WOC @ REST OFFERS HARD-WORKING WOMEN OF COLOR LEADERS A NEEDED PAUSE AND TIME TO REST:RESTORE BY PARTICIPATING IN A 2-DAY HEALING RETREAT;ELEVATE THEIR LEADERSHIP WITH A LEADERSHIP DEVELOPMENT AND RESTORATION GRANT;SUPPORT THEIR LEADERSHIP THROUGH STATEWIDE AND REGIONAL NETWORK BUILDING;TELL THEIR STORY BY PARTICIPATING IN A RECORDED STORYTELLING EXERCISE THAT HIGHLIGHTS THE REALITY OF WOMEN AND GIRLS, ORGANIZATIONAL AND COMMUNITY NEEDS, INNOVATIVE PRACTICES IN THEIR WORK, AND RECOMMENDATIONS OF HOW THE PHILANTHROPIC ECOSYSTEM CAN HELP. 648046 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 13 0 1 5 1 0 0 0 0 0 1 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 AR MS X JESSICA ALLEN 5046038754 401 ST JOSEPH STREET 2A NEW ORLEANS LA 70130 SUSAN HAIRSTON BOARD MEMBER 1.00 X 0 0 0 GRACIA HILLMAN BOARD MEMBER 1.00 X 0 0 0 RICA LEWIS-PAYTON BOARD MEMBER 1.00 X 0 0 0 LORI SPICER ROBERTSON BOARD MEMBER 1.00 X 0 0 0 DIANA JONES WILSON BOARD MEMBER 1.00 X 0 0 0 SHERECE WEST-SCANTLEBERRY CHAIR 1.00 X X 0 0 0 GLADYS WASHINGTON SECRETARY 1.00 X X 0 0 0 KIETA MUTEPFA TREASURER 1.00 X X 0 0 0 CARMEN RANDOLPH PRESIDENT & CEO 40.00 X 247896 0 55621 CHRISTY SLATER VICE PRESIDENT OF PROGRAMS 40.00 X 181255 0 26505 SANDRA LILLY DIRECTOR OF OPERATIONS 40.00 X 139543 0 31444 ERIN MCQUADE-WRIGHT VICE PRESIDENT OF ADVANCEMENT 30.00 X 102348 0 27082 671042 0 140652 4 0 1 0 TILT HR CONSULTING 3366 ELMTREE DR SW ATLANTA GA 30311 CONSULTING 130833 1 33585 2187892 2221477 928 928 8500 33585 187325 -178825 -178825 REFUNDS/REIMBURSEMENTS 900099 2000 2000 2000 2045580 2000 0 -177897 X 168000 168000 511277 232511 121407 157359 339181 88342 147349 103490 25650 3086 14218 8346 33764 19437 14327 46137 14344 16178 15615 2080 2080 56527 56527 270378 61623 66561 142194 10007 9372 635 62191 4422 50539 7230 41135 37785 3350 32503 32503 29894 2321 6468 21105 93457 68984 24238 235 5779 5779 MISCELLANEOUS EXPENSE 25983 4413 20070 1500 1753943 648046 630511 475386 664407 755999 499631 718838 8303 10424 1172341 1485261 8603 40386 75500 65000 84103 105386 X 582337 507623 505901 872252 1088238 1379875 1172341 1485261 291637 0 X 0 1 X 0 0 X 1791719 2221477 4013196 1791719 2221477 4013196 3019258 993938 459 928 1387 2000 2000 4016583 1300 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: REFUNDS/REIMBURSEMENTS - 2022 AMOUNT: $ 2,000. PART II, SHORT YEAR EXPLANATION: THE ORGANIZATION WAS INCORPORATED ON NOVEMBER 21, 2019. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 2174406 7834 120992 128826 2045580 0 2045580 1882769 7834 120992 128826 1753943 0 1753943 PART X, LINE 2: THE FOUNDATION IS A NONPROFIT CORPORATION ORGANIZED UNDER THE LAWS OF THE STATE OF LOUISIANA. THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND QUALIFIES AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION AS DEFINED IN SECTION 509(A) OF THE CODE. IT IS EXEMPT FROM LOUISIANA INCOME TAX UNDER THE AUTHORITY OF R.S. 47:121(5). ACCOUNTING STANDARDS CODIFICATION (ASC) "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES" CLARIFIES THE ACCOUNTING AND DISCLOSURE FOR UNCERTAIN TAX POSITIONS. THIS INTERPRETATION REQUIRES COMPANIES TO USE A PRESCRIBED MODEL FOR ASSESSING THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF ALL TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN TAX RETURNS. THE FOUNDATION APPLIES A "MORE-LIKELY-THAN-NOT" RECOGNITION THRESHOLD FOR ALL TAX UNCERTAINTIES. THIS APPROACH ONLY ALLOWS THE RECOGNITION OF THOSE TAX BENEFITS THAT HAVE A GREATER THAN FIFTY PERCENT LIKELIHOOD OF BEING SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITIES. THE FOUNDATION HAS REVIEWED ITS TAX POSITIONS AND DETERMINED THERE ARE NO OUTSTANDING OR RETROSPECTIVE TAX POSITIONS WITH LESS THAN A 50% LIKELIHOOD OF BEING SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 120,992. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 120,992. CRESCENDEAUX 42085 33585 8500 18510 8014 92120 68681 42085 33585 8500 18510 8014 92120 68681 187325 -178825 1 FOREFRONT 200 WEST MADISON STREET CHICAGO IL 60606 237376023 501(C)(3) 10000 0 VISION, VOICE, VALUE GRANT MAGNOLIA MEDICAL FOUNDATION 1230 RAYMOND ROAD JACKSON MS 39204 900504363 501(C)(3) 10000 0 WOC MISSISSIPPI GRANT PHILANTHROPY NORTHWEST 600 UNIVERSITY STREET SUITE 1725 SEATTLE WA 98101 911110995 501(C)(3) 10000 0 VISION, VOICE, VALUE GRANT PHILANTHROPY OHIO 500 SOUTH FRONT STREET COLUMBUS OH 43215 311111842 501(C)(3) 10000 0 VISION, VOICE, VALUE GRANT PHILANTHROPY SOUTHEAST 100 PEACHTREE STREET NW ATLANTA GA 30303 560995114 501(C)(3) 10000 0 VISION, VOICE, VALUE GRANT THE MINNEAPOLIS FOUNDATION 80 SOUTH 8TH STREET MINNEAPOLIS MN 55402 416029402 501(C)(3) 10000 0 VISION, VOICE, VALUE GRANT MISSISSIPPI BLACK WOMEN'S ROUNDTABLE 200 NORTH CONGRESS STREET JACKSON MS 39201 831193631 501(C)(3) 10000 0 WOC MISSISSIPPI GRANT 7 0 PART I, LINE 2: GRANTEES ARE REQUIRED TO SIGN GRANT AGREEMENTS AGREEING TO TERMS OF THE GRANT. STAFF PERFORM POST GRANT EVALUATIONS. X 0 0 0 0 0 0 0 1 0 CARMEN RANDOLPH PRESIDENT & CEO 241283 0 6613 0 0 0 24750 0 30871 0 303517 0 0 0 CHRISTY SLATER VICE PRESIDENT OF PROGRAMS 175721 0 5534 0 0 0 13333 0 13172 0 207760 0 0 0 SANDRA LILLY DIRECTOR OF OPERATIONS 139543 0 0 0 0 0 11000 0 20444 0 170987 0 0 0 PART I, LINE 7 THE ORGANIZATION PROVIDED BONUSES FOR 2022. FORM 990, PART VI, SECTION A, LINE 8B THERE WERE NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED BY THE ORGANIZATION'S OUTSOURCED CFO AND TREASURER AND THEN A COPY IS PRESENTED TO THE FULL BOARD FOR REVIEW AND APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR WITH THE GOVERNING BOARD MUST ANNUALLY SIGN A STATEMENT WHICH AFFIRMS THEY HAVE RECEIVED A COPY OF THE POLICY, HAVE READ AND UNDERSTAND THE POLICY AND AGREE TO COMPLY WITH THE POLICY. IF A CONFLICT OF INTEREST IS IDENTIFIED, THE RELEVANT PERSON(S) WOULD RECUSE THEMSELVES FROM ANY VOTE RELATED TO SUCH CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION WORKED WITH THE OUTSOURCED HUMAN RESOURCES FIRM TO COMPILE COMPARATIVE DATA FOR ALL POSITIONS WITHIN THE INDUSTRY. THAT DATA WAS THEN PRESENTED TO MANAGEMENT AND FURTHER TO THE BOARD FOR REVIEW AND DECISION MAKING PURPOSES. MANAGEMENT APPROVED OFFICERS AND EMPLOYEES COMPENSATION WHILE THE BOARD APPROVED THE CEO'S COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTING: PROGRAM SERVICE EXPENSES 49,623. MANAGEMENT AND GENERAL EXPENSES 66,561. FUNDRAISING EXPENSES 142,194. TOTAL EXPENSES 258,378. RESEARCH AND DEVELOPMENT: PROGRAM SERVICE EXPENSES 12,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 12,000.