2024-08-28T15:44:01-05:00 2023-12-31 111986323 MARCUM LLP 1899 L STREET NW 850 WASHINGTON DC 20036 990 2023-01-01 844144582 WOMEN OF THE WORLD ENDOWMENT INC WOME 2022864663 7272 WISCONSIN AVE FLOOR 9 BETHESDA MD 20814 MARTY NEALON CEO 2022864663 2024-08-27 1 0 FRANK SMITH P00639053 2022274000 2024-08-27 2023 2024-08-08 14:25:15Z MARTY NEALON 7272 WISCONSIN AVE FLOOR 9 BETHESDA MD 20814 11198450 0 X WOWENDOWMENT.ORG X 2020 DC WOWE SEEKS TO CREATE INVESTMENT SYSTEMS THAT CENTER WOMEN IN ADDRESSING THE WORLD'S CHALLENGES. 4 4 5 5 0 0 1351356 175307 108750 37062 -321453 -1025484 396 0 1139049 -813115 68000 104000 0 0 781923 872959 0 0 265919 581608 990818 1431531 1967777 -292482 -2780892 6482413 3866074 123280 158036 6359133 3708038 WOMEN OF THE WORLD ENDOWMENT'S MISSION IS TO PROMOTE GENDER-DIVERSE DECISION MAKING BY INFORMING THE ECOSYSTEM ABOUT THE POSITIVE IMPACT OF INVESTING WITH A GENDER FOCUS. WOWE'S WORK FOCUSES ON CREATING SUSTAINABLE INVESTMENT SYSTEMS BY ENGAGING WOMEN AS CHANGEMAKERS. 0 0 1221950 104000 37062 WOWE ACHIEVES ITS MISSION IN 3 WAYS: 1. BY CONTRIBUTING TO THE EVIDENCE SHOWING THAT INVESTING IN WOMEN DELIVERS STRONG FINANCIAL AND IMPACT RETURNS, AND SYSTEMS CHANGE. WOWE IS BUILDING A 100% MISSION-ALIGNED ENDOWMENT. WORKING ACROSS THE LANDSCAPE TO MAINSTREAM INVESTING IN AND THROUGH WOMEN. WOWE SHARES PORTFOLIO CONSTRUCTION LESSONS WITH THE ECOSYSTEM.2. BY INFLUENCING PARTNERSHIPS--WOWE CULTIVATES AN INCLUSIVE STAKEHOLDER COMMUNITY WHO COLLABORATE ON BUILDING INVESTABLE STRATEGIES AND PRODUCTS, TO ACCELERATE CHANGE THROUGH CAPITAL MARKETS.3. WOWE CREATED A GRANT PROGRAM FOCUSED ON DEVELOPING PARTNERSHIPS TO GRANT CAPITAL TO ORGANIZATIONS WORKING TO DELIVER SYSTEMIC IMPACT SUPPORTING WOMEN CHANGEMAKERS. 1221950 1 1 0 1 0 0 0 0 0 1 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 21 0 1 5 1 0 0 0 0 0 0 0 0 0 0 0 0 X 4 4 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 AL AR CA CO CT GA IL ME MD MA MN NH NJ NY ND OH OR PA UT VA WA X VICTORIA GYGAX 2562890302 7272 WISCONSIN AVE FLOOR 9 BETHESDA MD 20814 TAKURO KIMURA INTERIM PRESIDENT & TREASURER 1.50 X X 0 0 0 LILI FOROURAGHI SECRETARY 1.00 X X 0 0 0 DR RUTH SHABER BOARD MEMBER 2.00 X 0 0 0 MARTY NEALON BOARD MEMBER- AS OF 2/2023 1.50 X 0 0 0 AARTI CHANDNA BOARD MEMBER -UNTIL 12/23 1.50 X 0 0 0 PATIENCE MARIME-BALL CEO 70.00 X 285089 0 14576 POOJA EPPANAPALLY INVESTMENT MANAGER 40.00 X 195091 0 9248 MALIA XIE INVESTMENT MANAGER 40.00 X 176800 0 5304 656980 0 29128 2 0 1 0 0 175307 2464 175307 ADVISORY SERVICES 541610 37062 37062 37062 104116 104116 10881965 12011565 -1129600 -1129600 -1129600 -813115 37062 0 -1025484 X 104000 104000 299666 119866 89900 89900 485107 290291 141584 53232 16419 10274 4835 1310 20149 3912 15563 674 51618 26867 15567 9184 37764 37288 476 83322 83322 737973 554647 88361 94965 42448 42448 6164 3781 2133 250 2062 1118 944 8308 8308 29895 9764 6031 14100 2700 1546 50 1104 75 75 13942 1167 12775 2774 2774 DUES & SUBSCRIPTIONS 19646 11316 7130 1200 FOREIGN INVESTMENT TAX 3665 3665 LICENSES AND PERMITS 80 80 1967777 1221950 479908 265919 610855 298689 7200 76750 524408 15538 17734 18183 41824 20912 34853 20912 4435167 2481005 844364 954997 7832 0 6482413 3866074 115449 64036 94000 7831 0 123280 158036 X 1188425 3599067 5170708 108971 6359133 3708038 6482413 3866074 -2780892 129797 0 X 0 1 X 1 0 X 5223856 318787 1351356 175307 7069306 5223856 318787 1351356 175307 7069306 662788 6406518 92014 210660 115702 104116 522492 396 396 7592194 145812 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS SCHEDULE A, PART II, COLUMN (E): WOWE WAS INCORPORATED ON FEBRUARY 11, 2020. ITS INITIAL FEDERAL FORM 990 FOR THE YEAR ENDED DECEMBER 31, 2020 IS A SHORT YEAR RETURN. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 1967777 1967777 248389 62097 0 0 83272 181310 215747 248389 728718 1093077 20818 45327 53937 62097 182179 273269 4392124 1295663 3096461 6498422 -986285 1120013 4392124 6062207 1499413 1063198 6498422 4818148 1244059 6062207 1.00000 0.00000 0.00000 0 0 41824 20912 20912 20912 BLACK OPAL VENTURES FUND LLP 86010 F CHARGERHELP INC. 131199 F FVLCRUM FUND LP 67160 F KYTE 37755 F URBAN INNOVATION FUND II, LP 506001 F URBAN INNOVATION FUND III, LP 103750 F URBAN INNOVATION SELECTS I, LP 23122 F 954997 X -683318 129797 129797 -813115 0 -813115 1967777 0 1967777 0 1967777 PART V, LINE 4: WOWE USES THE ORGANIZATION'S ENDOWMENT FUNDS TO INVEST IN MISSION-ALIGNED SECURITIES AND PROJECTS (I.E. OPPORTUNITIES TO INVEST IN ENVIRONMENTAL AND SOCIAL CHALLENGES THROUGH STRATEGIES THAT CENTRALIZE THE ROLE OF WOMEN ACTORS), AND THEN TAKES THE INCOME GENERATED AND GRANTS IT TO WOMEN-FOCUSED NON-PROFIT ORGANIZATIONS WORKING TO CREATE SYSTEMS CHANGE. PART X, LINE 2: WOWE PERFORMED AN EVALUATION OF UNCERTAINTY IN INCOME TAXES FOR THE YEAR ENDED DECEMBER 31, 2023, AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR THAT MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. 1 BLK CAPITAL MANAGEMENT 32 MILL STREET CAMBRIDGE MA 02138 824336871 501(C)(3) 10000 0 FUND RECRUITING OF CANDIDATES TO FINANCIAL FIELD RHIA VENTURES 47 KEARNY STREET SUITE 600 SAN FRANCISCO CA 94108 830828013 501(C)(3) 94000 0 TO ACCELERATE PROGRESS TOWARDS MORE WOMEN AND PEOPLE OF COLOR AT FINANCIAL DECISION-MAKING TABLES INVESTING MORE ASSETS 2 0 PART I, LINE 2: CADENCE FOR REPORTING WILL BE DECIDED WITH THE GRANTEE PARTNER DURING THE APPLICATION REVIEW PROCESS AND INCLUDED IN THE GRANT INVESTMENT AGREEMENT. AT A MINIMUM, GRANTEE PARTNERS ARE REQUIRED TO SUBMIT A FINAL FINANCIAL REPORT WITHIN 3 MONTHS AFTER THE GRANT END DATE DEMONSTRATING THE FUNDS WERE FULLY EXPENDED, AS AGREED UPON IN THE GRANT AGREEMENT. IN ADDITION TO A FINAL FINANCIAL REPORT, WOWE AND THE GRANTEE PARTNER MAY DECIDE ON A SCHEDULE FOR INTERIM FINANCIAL REPORTS AND/OR IMPACT REPORTS THAT INCLUDE DATA ON KPIS OR NARRATIVE UPDATES. X X 0 0 0 0 0 0 0 0 0 PATIENCE MARIME-BALL CEO 272793 0 12296 0 0 0 11526 0 3050 0 299665 0 0 0 POOJA EPPANAPALLY INVESTMENT MANAGER 180525 0 14566 0 0 0 7859 0 1389 0 204339 0 0 0 MALIA XIE INVESTMENT MANAGER 176800 0 0 0 0 0 5304 0 0 0 182104 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE DRAFT VERSION OF THE FEDERAL FORM 990 IS REVIEWED BY THE CEO. A COPY OF THE DRAFT FEDERAL FORM 990 IS PROVIDED TO THE ENTIRE BOARD OF DIRECTORS PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C WOWE'S CONFLICT OF INTEREST POLICY REQUIRES THE DISCLOSURE OF ANY POTENTIAL INTEREST IN A TRANSACTION, WHETHER IT BE DIRECT OR INDIRECT. OFFICERS, DIRECTORS, AND KEY EMPLOYEES RECEIVE A COPY OF THE POLICY PRIOR TO THE START OF THEIR RELATIONSHIP WITH WOWE. EACH YEAR, AN ANNUAL DISCLOSURE MUST BE COMPLETED AND SUBMITTED IN REGARDS TO ANY POTENTIAL CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION FOR THE CEO IS DETERMINED BY USING COMPARATIVE DATA, WHICH IS THEN PRESENTED TO THE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL. THE ORGANIZATION DOES NOT HAVE ANY OTHER COMPENSATED OFFICERS, NOR ANY KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 WOWE MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G SUBCONTRACTORS/CONSULTANTS: PROGRAM SERVICE EXPENSES 554,519. MANAGEMENT AND GENERAL EXPENSES 78,607. FUNDRAISING EXPENSES 90,519. TOTAL EXPENSES 723,645. OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 50. MANAGEMENT AND GENERAL EXPENSES 126. FUNDRAISING EXPENSES 4,390. TOTAL EXPENSES 4,566. PROCESSING SERVICE CHARGES: PROGRAM SERVICE EXPENSES 78. MANAGEMENT AND GENERAL EXPENSES 9,628. FUNDRAISING EXPENSES 56. TOTAL EXPENSES 9,762.