2025-01-31T16:09:58-06:00 2023-12-31 923320348 EAG GULF COAST LLC ONE GALLERIA BLVD STE 2100 METAIRIE LA 70001 990 2023-01-01 843702899 WOMEN'S FOUNDATION OF THE SOUTH WOME 5046038754 401 ST JOSEPH STREET 2A NEW ORLEANS LA 70130 CARMEN RANDOLPH PRESIDENT & CEO 5046038754 2025-01-30 1 1 GINA RACHEL P01216293 5048375990 2023 2025-03-06 01:10:19Z CARMEN RANDOLPH 401 ST JOSEPH STREET 2A NEW ORLEANS LA 70130 3024579 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. 11 11 7 15 0 0 2221477 3009593 0 0 928 1736 -176825 -299086 2045580 2712243 168000 352455 0 0 956009 1002490 0 0 1015185 629934 1424175 1753943 2779120 291637 -66877 1485261 1541460 105386 228462 1379875 1312998 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, WEALTH, AND POWER OF BLACK, INDIGENOUS, LATINX, AND ASIAN WOMXN AND GIRLS ACROSS THE SOUTH. 0 0 1010967 352455 2000 WFS ENVISIONS A FLOURISHING SOUTH WHERE WOMEN, GIRLS, AND GENDER EXPANSIVE PEOPLE 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 WOMEN 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 2023, WFS EXPANDED OUR 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 2023 TO INCLUDE ORGANIZATIONS LED BY WOMEN OF COLOR IN THE STATES OF GEORGIA AND TEXAS, EXPANDING OUR FOOTPRINT TO A TOTAL OF FOUR STATES. SINCE LAUNCHING THE WOC@REST PROGRAM, 91 NONPROFIT LEADERS HAVE PARTICIPATED IN FOUR COHORTS, AND WFS HAS INVESTED OVER $1M IN GRANTS AND PROGRAMMATIC INVESTMENT. OUR RADICAL APPROACH TO PHILANTHROPY IS EXEMPLIFIED IN OUR AWARD-WINNING PROGRAM, WOC@REST. THIS PROGRAM, CURATED IN PARTNERSHIP WITH JUNEBUG PRODUCTIONS, UNIQUELY CENTERS WOMEN LEADERS 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. 1010967 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 30 0 1 7 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 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 LORI SPICER ROBERTSON BOARD MEMBER 2.00 X 0 0 0 DIANA JONES WILSON BOARD MEMBER 2.00 X 0 0 0 SUSAN HAIRSTON BOARD MEMBER 2.00 X 0 0 0 JANEA JAMISON BOARD MEMBER 2.00 X 0 0 0 NASREEN JILANI BOARD MEMBER 2.00 X 0 0 0 REGINALD CANAL BOARD MEMBER 2.00 X 0 0 0 RICA LEWIS-PAYTON BOARD MEMBER 2.00 X 0 0 0 SHERECE WEST SCANTLEBURY CHAIR 3.00 X X 0 0 0 SONNY HAYNES VICE CHAIR 3.00 X X 0 0 0 GLADYS WASHINGTON SECRETARY 2.00 X X 0 0 0 KIETA MUTEPFA TREASURER (THRU 06/2023) 2.00 X X 0 0 0 GRACIA HILLMAN TREASURER 2.00 X X 0 0 0 CARMEN RANDOLPH CEO 40.00 X 265493 0 41890 CHRISTY SLATER VICE PRESIDENT OF PROGRAMS 40.00 X 212133 0 28769 477626 0 70659 2 0 1 0 STRUT AGENCY 14622 VENTURA BLVD 1001 SHERMAN OAKS CA 91403 CONSULTING 383494 COMMUNITY COUNSELING SERVICE CO LLC 527 MADISON AVE 5TH FLOOR NEW YORK NY 10022 CONSULTING 172500 FUNKSHUNS LLC 7119 E LAVERNE ST NEW ORLEANS LA 70126 CONSULTING 135977 INNOVATIVE STRATEGIC PARTNERS INC 1100 POYDRAS STREET SUITE 1230 NEW ORLEANS LA 70163 CONSULTING 122250 4 119650 2889943 3009593 1736 1736 11250 119650 312336 -301086 -301086 HONORARIUM 900099 2000 2000 2000 2712243 2000 0 -299350 X 352455 352455 548286 262920 122953 162413 311963 48632 156933 106398 34369 6032 16690 11647 58339 19596 20996 17747 49533 17526 16507 15500 20855 20855 146818 36189 55315 55314 314610 35375 279235 443327 9925 100116 333286 98926 6296 84092 8538 16175 7174 9001 55672 55672 154561 95849 49168 9544 156123 92143 48417 15563 1208 1208 MISCELLANEOUS EXPENSE 15900 15900 2779120 1010967 752968 1015185 376 755999 381889 718838 1155308 10424 3887 1485261 1541460 40386 111962 65000 116500 105386 228462 X 507623 10845 872252 1302153 1379875 1312998 1485261 1541460 -66877 0 X X 1 X 1 X 1 0 X 1791719 2221477 3009593 7022789 1791719 2221477 3009593 7022789 5002094 2020695 459 928 1736 3123 2000 2000 7027912 3300 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: REFUNDS/REIMBURSEMENTS - 2022 AMOUNT: $ 2,000. 2023 AMOUNT: $ 0. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 2905683 193440 193440 2712243 0 2712243 2972560 193440 193440 2779120 0 2779120 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. THE FOUNDATION RECOGNIZES INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS, IF MATERIAL, AS PART OF MANAGEMENT AND GENERAL EXPENSES. THERE WERE NO INCOME TAX RELATED INTEREST AND PENALTIES RECORDED FOR THE YEARS ENDED DECEMBER 31, 2023 OR 2022. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 193,440. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 193,440. CRESCENDEAUX 130900 119650 11250 29618 18980 94138 169600 130900 119650 11250 29618 18980 94138 169600 312336 -301086 1 PHILANTHROPY NORTHWEST 600 UNIVERSITY STREET SUITE 1725 SEATTLE WA 98101 911110995 501(C)(3) 0 10000 VISION, VOICE, VALUE GRANT PHILANTHROPY SOUTHEAST 100 PEACHTREE STREET NW SUITE 2080 ATLANTA GA 30303 560995114 501(C)(3) 0 10000 VISION, VOICE, VALUE GRANT GREATER WASHINGTON COMMUNITY FOUNDATION PO BOX 49010 BALTIMORE MD 21297 237343119 501(C)(3) 0 50000 RE-GRANT AND DONATION LOVE ME WITHOUT LIMITED 4 LIFE 1407 TACEWOOD DRIVE JACKSON MS 39211 813610476 501(C)(3) 0 10000 WOC MISSISSIPPI GRANT 4 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 CEO 253889 0 10704 0 900 0 25987 0 15903 0 307383 0 0 0 CHRISTY SLATER VICE PRESIDENT OF PROGRAMS 202150 0 9083 0 900 0 20919 0 7850 0 240902 0 0 0 PART I, LINE 7 THE ORGANIZATION PROVIDED BONUSES FOR 2023. 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 34,250. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 279,235. TOTAL EXPENSES 313,485. GRAPHIC DESIGN: PROGRAM SERVICE EXPENSES 1,125. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,125. FORM 990, PART XII, LINE 2C: THERE HAVE BEEN NO CHANGES FROM THE PRIOR YEAR IN THE OVERSIGHT OR SELECTION PROCESSES FOR THE AUDIT.