2024-11-12T12:13:07-06:00 2023-12-31 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 800N BETHESDA MD 208142930 990 2023-01-01 521648942 INTERNATIONAL WOMEN'S MEDIA FOUNDATION INTE 2024961992 2002 MASSACHUSETTS AVE NW 1 WASHINGTON DC 20036 ELISA LEES MUNOZ EXECUTIVE DIRECTOR 2024961992 2024-11-12 1 0 ELIZABETH W HELLER P00397829 3019519090 2023 2024-10-15 13:58:12Z X IWMF ELISA LEES MUNOZ 2002 MASSACHUSETTS AVE NW 1 WASHINGTON DC 20036 6399998 0 X WWW.IMWF.ORG X 1989 DE SEE PART III, LINE 1. 23 23 18 61 0 0 4894444 5196957 0 0 136879 179289 -551943 -486837 4479380 4889409 1706758 1251527 0 0 1607257 1770524 131250 200000 371881 1954331 1614109 5399596 4836160 -920216 53249 6723425 6448471 925710 513628 5797715 5934843 X THE IWMF IS THE ONLY GLOBAL ORGANIZATION BUILT TO SERVE THE HOLISTIC NEEDS OF WOMEN AND NONBINARY JOURNALISTS. WE ARE A BOLD AND INCLUSIVE ORGANIZATION THAT SUPPORTS JOURNALISTS WHERE THEY ARE WITH AWARDS, REPORTING OPPORTUNITIES, FELLOWSHIPS, GRANTS, SAFETY TRAINING AND EMERGENCY AID. AS ONE OF THE LARGEST SUPPORTERS OF WOMEN-PRODUCED JOURNALISM, OUR TRANSFORMATIVE WORK STRENGTHENS EQUAL OPPORTUNITY AND PRESS FREEDOM WORLDWIDE. WE UNLEASH THE POTENTIAL OF WOMEN JOURNALISTS AS CHAMPIONS OF PRESS FREEDOM TO TRANSFORM THE GLOBAL NEWS MEDIA. 0 0 2522087 1251527 TRAINING AND RESEARCH: THE FOUNDATION SPONSORS TRAINING PROGRAMS. PARTICIPANTS IN THE FOUNDATION'S TRAINING PROGRAMS BECOME HIGHLY SKILLED JOURNALISTS. THEY EARN PROMOTIONS AND AWARDS AS A RESULT OF THE REPORTING SKILLS ACQUIRED THROUGH THE FOUNDATION'S TRAINING PROGRAMS AND BRING POSITIVE CHANGE TO THEIR NEWSROOMS. THE FOUNDATION'S REPORTING FELLOWS BECOME SPECIALISTS THROUGH EXPOSURE TO A WIDE VARIETY OF EXPERTS AND THEY PRODUCE HIGH-QUALITY, IN-DEPTH REPORTING ON ISSUES OF GLOBAL IMPORTANCE THROUGH A GENDERED PERSPECTIVE. 575006 EMERGENCY FUNDS: THESE FUNDS SUPPORT JOURNALISTS WITH IMMEDIATE NEEDS RELATED TO THEIR PROFESSIONAL WORK, SUCH AS MEDICAL AID, DESTROYED OR STOLEN EQUIPMENT AND PROTECTIVE GEAR; LONG-TERM JOURNALIST NEEDS SUCH AS TRAUMA, MENTAL HEALTH SERVICES AND REFERRALS TO LEGAL SUPPORT; AND JOURNALISTS TARGETED AS A RESULT OF THEIR REPORTING AT EVENTS RELATED TO BUT NOT LIMITED TO ELECTIONS, CIVIL MOVEMENTS AND OTHER CHALLENGING ENVIRONMENTS. 55126 COURAGE AWARDS: SINCE 1990, THE COURAGE IN JOURNALISM AWARD HONORS WOMEN JOURNALISTS WHO SET THEMSELVES APART BY THEIR EXTRAORDINARY BRAVERY, AND THE LIFETIME ACHIEVEMENT AWARD IS GIVEN IN RECOGNITION OF MEDIA INDUSTRY PIONEERS WHO KICK DOWN BARRIERS TO EQUALITY AND JUSTICE. SINCE 1990, THE FOUNDATION HAS HONORED MORE THAN 123 WOMEN JOURNALISTS FROM 61 COUNTRIES. 3152219 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 0 0 1 1 1 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 64 0 1 18 1 0 0 0 0 0 0 0 0 0 0 0 0 X 23 23 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CA NY X X ELISA LEES MUNOZ 2024961992 2002 MASSACHUSETTS AVE NW 1 WASHINGTON DC 20036 ERIC HARRIS TREASURER 2.00 X X 0 0 0 STEPHANIE KAUFFMAN CO-CHAIR 3.00 X X 0 0 0 SUZANNE MALVEAUX CO-CHAIR 3.00 X X 0 0 0 LINDA DOUGLASS VICE-CHAIR 3.00 X X 0 0 0 JENNIFER REINGOLD CO-VICE CHAIR 3.00 X X 0 0 0 GRETA WILLIAMS LEGAL COUNCIL 2.00 X X 0 0 0 RAFAT ALI DIRECTOR 1.00 X 0 0 0 HANNAH ALLAM DIRECTOR 1.00 X 0 0 0 INGRID CIPRIAN-MATTHEWS DIRECTOR 1.00 X 0 0 0 KRISTINE CORATTI DIRECTOR 1.00 X 0 0 0 CINDI LEIVE DIRECTOR 1.00 X 0 0 0 LINDA MASON DIRECTOR 1.00 X 0 0 0 ANDREA MITCHELL DIRECTOR 1.00 X 0 0 0 NORAH O'DONNELL DIRECTOR 1.00 X 0 0 0 JESSICA OPPENHEIM DIRECTOR 1.00 X 0 0 0 CRAIG NEWMARK DIRECTOR 1.00 X 0 0 0 KERRY SMITH DIRECTOR 1.00 X 0 0 0 LAUREN WILLIAMS DIRECTOR 1.00 X 0 0 0 MATT WINKLER DIRECTOR 1.00 X 0 0 0 RENE JONES DIRECTOR 0.60 X 0 0 0 VERSHA SHARMA DIRECTOR 0.15 X 0 0 0 JIM BRADY DIRECTOR (FROM 6/2023) 0.20 X 0 0 0 TARA KANGARLOU DIRECTOR (FROM 6/2023) 0.20 X 0 0 0 ELISA LEES MUNOZ EXECUTIVE DIRECTOR 40.00 X 238812 0 21397 NADINE HOFFMAN DEPUTY EXECUTIVE DIRECTOR 40.00 X 171312 0 14826 CHARLOTTE FOX DIRECTOR OF COMMUNICATIONS 40.00 X 156174 0 13570 ADENA MARTIN DIRECTOR OF OPERATIONS 40.00 X 135659 0 19201 TARA GATEWOOD DIRECTOR, FUND FOR INDIGENOUS JOURNALISTS 40.00 X 121598 0 13957 JUANITA ISLAS DIRECTOR OF PROGRAMS 40.00 X 122393 0 11729 945948 0 94680 7 0 1 0 VAULT CONSULTING LLC 8401 GREENSBORO DRIVE STE 500 MCLEAN VA 22102 ACCOUNTING 150836 JEAN-FRANCOIS BELZIL C/O 2002 MASSACHUSETTS AVE NW STE WASHINGTON DC 20036 SAFETY TRAINING CONSULTING 122597 INEZ WEINSTEIN SPECIAL EVENTS INC 136 EAST 76TH STR 5D NEW YORK NY 10021 EVENT PRODUCTION & FUNDRAISING 115892 3 857266 138622 4201069 5196957 170942 170942 1004403 996056 8347 8347 8347 0 857266 514533 -514533 -514533 OTHER REVENUE 900099 27696 27696 27696 4889409 0 0 -307548 X 164509 164509 306207 306207 780811 780811 260209 39031 169136 52042 1249935 568558 614604 66773 48459 21809 23949 2701 79987 35812 39627 4548 131934 53561 68223 10150 356 356 187410 155609 31801 200000 200000 21694 21694 645674 548480 97194 96302 40033 49987 6282 91173 37901 47324 5948 168429 83077 73810 11542 207980 178003 24104 5873 54665 46786 6335 1544 9685 4026 5027 632 5078 2111 2636 331 PAYROLL PROCESSING 48807 40525 8282 GRANT PROCESSING FEES 22968 22968 BAD DEBT 20000 8314 10381 1305 OTHER 15972 6640 8290 1042 17916 7448 9300 1168 4836160 3152219 1312060 371881 418300 691352 2703625 440477 639267 1742123 9338 9317 79832 59522 355065 343609 21140 11456 2690505 3491890 161418 2334 6723425 6448471 164085 217646 761625 295982 925710 513628 X 928527 850437 4869188 5084406 5797715 5934843 6723425 6448471 53249 83879 0 X 0 1 X 1 0 X 3040523 4452075 6852894 4894444 5196957 24436893 3040523 4452075 6852894 4894444 5196957 24436893 6038620 18398273 174820 146278 92969 100426 170942 685435 9018 27696 36714 25159042 0.73130 0.71510 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1785243 19449 121662 20000 1906354 2007571 55413 -222127 55614 1785243 1875374 35075 173448 76326 2007571 1869636 39907 14093 48262 1875374 1634126 48197 279767 73250 19204 1869636 0.00000 1.00000 0.00000 0 0 355065 343609 11456 11456 REFUNDABLE ADVANCE 295982 295982 5529364 83879 63237 514533 661649 4867715 21694 21694 4889409 5392236 63237 514533 577770 4814466 21694 21694 4836160 PART V, LINE 4: ENDOWMENT TO REMAIN INTACT. INVESTMENT EARNINGS ARE PURPOSE RESTRICTED FOR AWARDS EXPENSE. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES REPORTED AS AN EXPENSE ON 514,533. THE FINANCIAL STATEMENTS AND NETTED AGAINST REVENUE ON PART VIII, LINE 8B. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES REPORTED AS AN EXPENSE ON 514,533. THE FINANCIAL STATEMENTS AND NETTED AGAINST REVENUE ON PART VIII, LINE 8B. 1 CENTRAL AMERICA AND THE CARIBBEAN 0 0 GRANTS TO RECIPIENTS IN THE REGION 101613 CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES CONFERENCES, CONSULTING 90541 EAST ASIA AND THE PACIFIC 0 0 GRANTS TO RECIPIENTS IN THE REGION 30753 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES CONSULTING 6381 EUROPE 0 0 GRANTS TO RECIPIENTS IN THE REGION 184095 EUROPE 0 0 PROGRAM SERVICES CONSULTING 108985 MIDDLE EAST AND NORTH AFRICA 0 0 GRANTS TO RECIPIENTS IN THE REGION 45700 MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM SERVICES CONSULTING 21610 NORTH AMERICA 0 0 GRANTS TO RECIPIENTS IN THE REGION 151532 NORTH AMERICA 0 0 PROGRAM SERVICES CONFERENCES, CONSULTING/OUTSIDE SERVICES 165923 RUSSIA AND THE NEWLY INDEPENDENT STATES 0 0 GRANTS TO RECIPIENTS IN THE REGION 24254 SOUTH AMERICA 0 0 GRANTS TO RECIPIENTS IN THE REGION 60691 SOUTH AMERICA 0 0 PROGRAM SERVICES CONSULTING 33431 SOUTH ASIA 0 0 GRANTS TO RECIPIENTS IN THE REGION 38382 SOUTH ASIA 0 0 PROGRAM SERVICES CONSULTING 300 SUB-SAHARAN AFRICA 0 0 GRANTS TO RECIPIENTS IN THE REGION 143791 SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICES CONSULTING 35191 0 0 0 0 0 0 589678 653495 1243173 NORTH AMERICA AFGHAN EFUND - RAVEN ADVISORY 21450 WIRE 0 SOUTH AMERICA WEC - REPRODUCTIVE RIGHTS 15645 WIRE 0 NORTH AMERICA BUFFETT -FUND FOR WOMEN JOURNALISTS 12000 WIRE 0 NORTH AMERICA WEC - REPRODUCTIVE RIGHTS 10050 WIRE 0 SOUTH AMERICA WEC - REPRODUCTIVE RIGHTS 10000 WIRE 0 SUB-SAHARAN AFRICA EFUND - MCCAIN 7000 WIRE 0 NORTH AMERICA WEC - REPRODUCTIVE RIGHTS 6000 WIRE 0 NORTH AMERICA WEC - REPRODUCTIVE RIGHTS 7465 WIRE 0 SOUTH AMERICA WOMEN'S EQUALITY CENTER - GRANTS 5090 WIRE 0 3 6 EMERGENCY FUNDS CENTRAL AMERICA AND THE CARIBBEAN 52 101613 WIRE AND CHECK EMERGENCY FUNDS EAST ASIA AND THE PACIFIC 12 30753 WIRE AND CHECK EMERGENCY FUNDS EUROPE 57 184095 WIRE AND CHECK EMERGENCY FUNDS MIDDLE EAST AND NORTH AFRICA 10 45700 WIRE AND CHECK EMERGENCY FUNDS NORTH AMERICA 33 94567 WIRE AND CHECK EMERGENCY FUNDS RUSSIA AND THE NEWLY INDEPENDENT STATES 13 24254 WIRE AND CHECK EMERGENCY FUNDS SOUTH AMERICA 16 29956 WIRE AND CHECK EMERGENCY FUNDS SOUTH ASIA 12 38382 WIRE AND CHECK EMERGENCY FUNDS SUB-SAHARAN AFRICA 74 136791 WIRE AND CHECK 1 0 0 0 0 0 PART I, LINE 2: GRANTEES RECEIVE THE AWARD AFTER A THOROUGH SUBMISSIONS VETTING PROCESS. THE ORGANIZATION FOLLOWS ESTABLISHED DISBURSEMENT PROCEDURES THAT ENSURE ALL PAYMENTS ARE PROPERLY DOCUMENTED, SUPPORTED, RECORDED, AND APPROVED BY THE APPROPRIATE OFFICIALS AND MANAGEMENT, MADE FOR VALID PURPOSES THAT ARE REASONABLE AND NECESSARY, AND MADE IN COMPLIANCE WITH GOVERNMENT REGULATIONS. THE SUBMISSIONS ARE ANALYZED IN CONJUNCTION WITH ESTABLISHED CRITERIA WHICH IS PUBLISHED PRIOR TO APPLICATION TO ALL AWARD APPLICANTS. X X X X X 1 INEZ WEINSTEIN SPECIAL EVENTS 215 PARK AVE SOUTH STE 2014 NEW YORK NY 10003 COURAGE AWARDS FUNDRAISING (EXCLUDING LA) 0 0 115892 -115892 THE JAMES GROUP 5120 GOULD AVENUE LA CANADA FLINTRIDGE CA 91011 COURAGE AWARDS FUNDRAISING (LA) 0 0 85000 -85000 200892 -200892 CA CT DC KY MA MD NJ NY PA VA COURAGE AWARDS 857266 857266 27500 23218 39031 424784 857266 857266 27500 23218 39031 424784 514533 -514533 1 UNT FOUNDATION INC 1155 UNION CIRCLE 311250 DENTON TX 76205 237232618 501(C)(3) 6250 0 TRAVEL AND LODGING FOR JOURNALIST TO PRESENT AT THE MAYBORN LITERARY NONFICTION CONFERENCE TEXAS TRIBUNE 919 CONGRESS AVENUE AUSTIN TX 78701 264527097 501(C)(3) 7125 0 REPRODUCTIVE RIGHTS REPORTING PROJECT AFRICAN MIDDLE EASTERN LEADERSHIP PROJECT 1100 15TH ST NW WASHINGTON DC 20005 814648053 501(C)(3) 10000 0 EMERGENCY GRANT FOR RELOCATION THE 19TH NEWS 3571 FAR WEST BLVD 3497 AUSTIN TX 78731 842627202 501(C)(3) 14771 0 REPRODUCTIVE RIGHTS REPORTING PROJECT LUZ COLLECTIVE INC 823 CONGRESS AVE STE 300 AUSTIN TX 78701 842613342 501(C)(3) 28763 0 DOMINICAN REPUBLIC LEGISLATIVE TRIP TOPOL INC 1001 91ST ST APT 712 BAY HARBOR ISLANDS FL 33154 922148446 501(C)(3) 40000 0 THE HUMAN COST OF EMPIRE REPORTING PROJECT ARIZONA LOCAL POST 2252 E BLACKLIDGE DRIVE TUCSON AZ 85719 872217945 501(C)(3) 57600 0 INDIGENOUS REPORTING PROJECT 7 0 WOMEN'S EQUALITY CENTER - GRANTS 1 5413 KARI HOWARD MEMORIAL FUND 1 5000 COVID-19 RELIEF - IND CONTRIBUTIONS 1 10000 BLACK JOURNALIST THERAPY RELIEF FUND 11 16450 HFPA EMERGENCY RELIEF FUND 6 6000 DEMOCRACY FUND - BJTRF 26 48600 EMERGENCY FUND 15 23050 BUFFETT - NATIVE AMERICAN WOMEN 3 36979 EFUND - MCCAIN 11 57150 AFGHAN EFUND - RAVEN ADVISORY 10 18595 WEC - REPRODUCTIVE RIGHTS 2 2350 BUFFETT -FUND FOR WOMEN JOURNALISTS 14 48340 NEUFFER 1 19860 AFGHAN EMERGENCY FUND 1 1500 LAUREN BROWN MEMORIAL FUND 2 2490 EMERSON COLLECTIVE - ONLINE VIOLENCE 1 900 AFGHANISTAN PILOT PROJECT 1 3280 KELLOGG FOUNDATION - HAITI 1 250 PART I, LINE 2: GRANTEES RECEIVE THE AWARD AFTER A THOROUGH SUBMISSIONS VETTING PROCESS. THE ORGANIZATION FOLLOWS ESTABLISHED DISBURSEMENT PROCEDURES THAT ENSURE ALL PAYMENTS ARE PROPERLY DOCUMENTED, SUPPORTED, RECORDED AND APPROVED BY THE APPROPRIATE OFFICIALS AND MANAGEMENT, MADE FOR VALID PURPOSES THAT ARE REASONABLE AND NECESSARY, AND MADE IN COMPLIANCE WITH GOVERNMENT REGULATIONS. THE SUBMISSIONS ARE ANALYZED IN CONJUNCTION WITH ESTABLISHED CRITERIA WHICH IS PUBLISHED PRIOR TO APPLICATION TO ALL AWARD APPLICANTS. X X 0 0 0 0 0 0 0 1 0 ELISA LEES MUNOZ EXECUTIVE DIRECTOR 203812 0 35000 0 0 0 8346 0 13051 0 260209 0 0 0 NADINE HOFFMAN DEPUTY EXECUTIVE DIRECTOR 171312 0 0 0 0 0 6922 0 7904 0 186138 0 0 0 CHARLOTTE FOX DIRECTOR OF COMMUNICATIONS 155174 0 1000 0 0 0 6347 0 7223 0 169744 0 0 0 ADENA MARTIN DIRECTOR OF OPERATIONS 134659 0 1000 0 0 0 5602 0 13599 0 154860 0 0 0 PART I, LINE 7 DURING THE YEAR THE FOLLOWING INDIVIDUALS RECEIVED PERFORMANCE BASED BONUSES: ELISA LEES MUNOZ $35,000 CHARLOTTE FOX $1,000 ADENA MARTIN $1,000 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY OUTSIDE ACCOUNTANTS AND REVIEWED BY THE EXECUTIVE DIRECTOR. A FINAL COPY OF 990 IS THEN PROVIDED TO THE FULL BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST RULES ARE WRITTEN IN THE IWMF STAFF POLICY MANUAL AS WELL AS IN THE BOARD OF DIRECTORS HANDBOOK. THE BOARD REQUIRES EACH BOARD MEMBER AND SENIOR STAFF TO ANNUALLY A) BE FAMILIAR WITH THE TERMS OF THE CONFLICT OF INTEREST POLICY; B) TO DISCLOSE TO THE BOARD CO-CHAIRS ANY POSSIBLE PERSONAL, FAMILIAL, OR BUSINESS RELATIONSHIPS THAT REASONABLY MIGHT GIVE RISE TO A CONFLICT INVOLVING THE IWMF; AND C) TO ACKNOWLEDGE BY HER OR HIS SIGNATURE ON THE DISCLOSURE FORM THAT SHE OR HE IS IN ACCORDANCE WITH THE LETTER AND SPIRIT OF THE POLICY. THE BOARD CO-CHAIRS ARE RESPONSIBLE FOR THE APPLICATION AND IMPLEMENTATION OF THE POLICY AS IT RELATES TO BOARD MEMBERS AND THE EXECUTIVE DIRECTOR. THE EXECUTIVE DIRECTOR IS RESPONSIBLE FOR THE APPLICATION OF POLICY AS IT RELATES TO STAFF. INDIVIDUALS ARE EXPECTED TO REVEAL ANY CONFLICTS AND SHALL REFRAIN FROM PARTICIPATING IN CONSIDERATIONS OF PROPOSED TRANSACTIONS UNLESS THE BOARD REQUESTS INFORMATION OR INTERPRETATION FOR SPECIAL REASON. IF A CONFLICT OF INTEREST WAS TO ARISE, THE PARTY WITH THE CONFLICT WOULD BE FORCED BY THE BOARD AND/OR MANAGEMENT TO RECUSE THEMSELVES FROM THE DECISION IN QUESTION, SO THAT THE BEST INTERESTS OF THE IWMF IS THE DRIVER OF THE DECISION. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD DETERMINES THE EXECUTIVE DIRECTOR'S COMPENSATION AND REVIEWS HER PERFORMANCE ANNUALLY. THE PROCESS IS ALSO DOCUMENTED. THE BOARD CO-CHAIRS CONDUCTED RESEARCH TO DETERMINE THE SALARY LEVEL OF SIMILAR ORGANIZATIONS. THEY DISCUSSED COMPENSATION AT A BOARD MEETING AND AT AN EXECUTIVE COMMITTEE MEETING. COMPENSATION IS COMMENSURATE WITH SIMILAR ORGANIZATIONS. THE LAST COMPENSATION REVIEW TOOK PLACE IN FEBRUARY 2023. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS AUDITED FINANCIAL STATEMENTS AVAILABLE ON ITS WEBSITE AS PART OF ITS ANNUAL REPORT. THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G STAFF TRAINING, DEVELOPMENT & RECRUITMENT: PROGRAM SERVICE EXPENSES 6,278. MANAGEMENT AND GENERAL EXPENSES 1,112. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,390. OUTSIDE SERVICES: PROGRAM SERVICE EXPENSES 408,630. MANAGEMENT AND GENERAL EXPENSES 72,412. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 481,042. CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 121,883. MANAGEMENT AND GENERAL EXPENSES 21,598. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 143,481. TRANSLATION/INTERPRETATION: PROGRAM SERVICE EXPENSES 4,373. MANAGEMENT AND GENERAL EXPENSES 775. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,148. AUDIO VISUAL: PROGRAM SERVICE EXPENSES 7,316. MANAGEMENT AND GENERAL EXPENSES 1,297. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,613.