2025-09-25T08:50:02-05:00 2024-12-31 135565207 KPMG LLP 345 PARK AVENUE NEW YORK NY 101540102 990 2024-01-01 822828138 WOMEN'S WORLD BANKING INC WOME 2127688513 230 PARK AVENUE SECOND FLOOR WEST NEW YORK NY 10169 CARLOS HORNILLOS-DALISME CFO 2125563138 2025-09-23 1 0 TOBY RUTH FRIEDMAN KERSLAKE P01875806 2127589700 2025-09-24 2024 2025-03-06 01:10:19Z X MARY ELLEN ISKENDERIAN 230 PARK AVENUE SECOND FLOOR WEST NEW YORK NY 10169 23500357 0 X WWW.WOMENSWORLDBANKING.ORG X 2017 NY THE MISSION OF WOMEN'S WORLD BANKING IS TO EXPAND THE ECONOMIC ASSETS, SEE SCHEDULE O 11 11 53 25 0 0 20160038 13002324 2801869 2509663 661590 3244775 21064 1376 23644561 18758138 194441 244080 0 0 13090830 13763008 197138 280313 3187274 6853506 6930050 20335915 21217451 3308646 -2459313 44684590 38268950 4541786 1512414 40142804 36756536 X THE MISSION OF WOMEN'S WORLD BANKING IS TO EXPAND THE ECONOMICASSETS, PARTICIPATION AND POWER OF LOW-INCOME WOMEN AND THEIRHOUSEHOLDS BY HELPING THEM ACCESS FINANCIAL SERVICES, KNOWLEDGE ANDMARKETS. FOR MORE INFORMATION, SEE SCHEDULE O. 0 0 13595378 244080 389930 WOMEN'S WORLD BANKING'S PROGRAMS HOLDS THE ORGANIZATION'S PRIMARY PROGRAMMATIC ACTIVITIES. WITHIN WOMEN'S WORLD BANKING'S PROGRAMMING, THE ORGANIZATION HAS THREE PRIMARY FOCUS AREAS:(A) DEVELOP MARKET DRIVEN FINANCIAL SOLUTIONS: LEVERAGING RIGOROUS RESEARCH AND INTELLIGENCE IN KEY MARKETS, THE ORGANIZATION IDENTIFIES BARRIERS TO WOMEN'S FINANCIAL INCLUSION. THE ORGANIZATION THEN WORKS WITH CRITICAL PARTNERS WITHIN PRIORITY MARKETS (INCLUDING POLICYMAKERS, REGULATORS, AND FINANCIAL SERVICE PROVIDERS) TO OVERCOME THESE BARRIERS BY DEVELOPING POLICY STRATEGIES AND COMMERCIALLY-VIABLE SOLUTIONS TO HELP BRING FINANCIAL SERVICES TO UNDERBANKED WOMEN. SEE SCHEDULE O(B) DELIVER LEADERSHIP & DEVELOPMENT PROGRAMS: THE ORGANIZATION DELIVERS A VARIETY OF GLOBAL, REGIONAL, AND CUSTOMIZED TRAINING PROGRAMS FOR REGULATORY BODIES AND FINANCIAL SERVICE PROVIDERS TO ENHANCE INDIVIDUAL AND TEAM EFFECTIVENESS IN BUILDING IMPACTFUL FINANCIAL POLICIES AND PRODUCTS, CREATE INCLUSIVE WORKPLACES, AND PROMOTE INCLUSIVE POLICY ENVIRONMENTS.(C) ACTION FOR INFLUENCE: THE ORGANIZATION TAKES THE INSIGHTS AND BEST PRACTICES FROM ITS MARKET DRIVEN FINANCIAL SOLUTIONS, LEADERSHIP & DEVELOPMENT PROGRAMS, AND ITS GLOBAL RESEARCH INITIATIVES, AND SHARES THESE LESSONS MORE BROADLY THROUGH TARGETED INFLUENCER OUTREACH, CONFERENCES, SPEAKING ENGAGEMENTS, ROUNDTABLES, PUBLICATIONS, SOCIAL MEDIA, ITS NETWORK, AND PEER LEARNING. THE GOAL FOR SHARING KNOWLEDGE MORE BROADLY IS TO INFLUENCE OTHERS TO INCREASE FOCUS ON WOMEN'S FINANCIAL INCLUSION. 2650627 2121109 WWB ASSET MANAGEMENT LLC MANAGES PRIVATE EQUITY INVESTMENTS IN GROWING BUSINESSES WITH INNOVATIVE SOLUTIONS THAT ENABLE WOMEN TO ACHIEVE ECONOMIC EMPOWERMENT AND RESILIENCE. WWB ASSET MANAGEMENT INVESTS IN INNOVATIVE COMPANIES IN EMERGING MARKETS THAT OFFER LOW-INCOME AND UNDERSERVED PEOPLE ACCESS TO FINANCE, SUPPLY CHAINS AND SOFTWARE SOLUTIONS THAT ENHANCE PRODUCTIVITY. 16246005 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 0 1 0 1 1 1 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 1 X 28 0 1 53 1 0 1 GM IN UK SN ID MP 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 AL AK AR CA CO CT DC FL GA HI IL KS KY ME MD MA MI MN MS NV NH NJ NM NY NC ND OH OK OR PA RI SC TN VA WA WV WI X X CARLOS HORNILLOS-DALISME 2125563138 230 PARK AVENUE SECOND FLOOR WEST NEW YORK NY 10169 INEKE BUSSEMAKER DIRECTOR 5.00 0.00 X 0 0 0 EMER DOOLEY DIRECTOR (UNTIL 3/27/24) 5.00 0.00 X 0 0 0 MARTIN IHRIG DIRECTOR 5.00 0.00 X 0 0 0 MUNA SUKHTIAN DIRECTOR 5.00 0.00 X 0 0 0 JANET TRUNCALE BOARD CHAIR 5.00 0.00 X X 0 0 0 MICHAEL USEEM DIRECTOR 5.00 0.00 X 0 0 0 ANIQA SANDHU DIRECTOR 5.00 0.00 X 0 0 0 RUPAL PATIL DIRECTOR 5.00 0.00 X 0 0 0 SEEMA HINGORANI DIRECTOR 5.00 0.00 X 0 0 0 ZOUERA YOUSSOUFOU DIRECTOR 5.00 0.00 X 0 0 0 DUNE THORNE DIRECTOR 5.00 0.00 X 0 0 0 ATALANTI MOQUETTE DIRECTOR 5.00 0.00 X 0 0 0 CARLOS HORNILLOS-DALISME CFO & TREASURER (AS OF 5/01/24) 40.00 0.00 X 162939 0 28391 MARY ELLEN ISKENDERIAN PRESIDENT AND CEO 40.00 0.00 X 547639 0 18781 J THOMAS JONES COO, EVP AND SECRETARY 40.00 0.00 X 451981 0 62007 STEPHANIE WELTY CFO (UNTIL 5/10/24) 30.00 0.00 X 73735 0 3878 KRISTINA SCHWARTZ GEN COUNSEL,ASST. SEC.(AS OF 4/29/24) 40.00 0.00 X 168951 0 18940 KALPANA AJAYAN REGIONAL HEAD, SOUTH ASIA 40.00 0.00 X 195865 0 9624 TAHARAH ISA GLOBAL HEAD, HUMAN RESOURCES 40.00 0.00 X 235324 0 27190 CHRISTINA MAYNES REGIONAL HEAD,SOUTHEAST ASIA 40.00 0.00 X 231056 0 18350 HARSHA RODRIGUES EVP, HEAD OF CLIENT SERVICES 40.00 0.00 X 277953 0 58677 LESLIE WETZEL CHIEF DEVELOPMENT OFFICER 40.00 0.00 X 316040 0 42206 FRANCESCA KRIST GLOBAL HEAD OF EXTERNAL AFFAIRS 40.00 0.00 X 248258 0 31190 ELISABETH BALLREICH PRINCIPAL INVESTMENT OFFICER, WAM 40.00 0.00 X 233514 0 28061 MARINA DIMOVA DIRECTOR, STRATEGIC PARTNERS 40.00 0.00 X 200043 0 10942 CHRISTINA JUHASZ MANAGING PARTNER, WAM 40.00 0.00 X 309565 0 60084 SONJA KELLY GLOBAL HEAD OF WWB INSTITUTE 40.00 0.00 X 204830 0 53054 GIL LACSON DIRECTOR, NETWORK ENGAGEMENT 40.00 0.00 X 192728 0 51578 4050421 0 522953 41 0 1 0 THE AVALON CONSULTING GROUP INC 1011 BAY RIDGE AVE UNIT 323 ANNAPOLIS MD 21403 PROFESSIONAL FUNDRAISER 286411 OXFORD SAID BUSINESS SCHOOL LTD UNIVERSITY OFFICES WELLINGTON SQUA OXFORD UK OX1 2JD FACILITATOR OF LEADERSHIP AND DIVERSITY 244188 PROSEK LLC 28 EAST 28TH STREET NEW YORK NY 10016 PUBLIC RELATIONS CONSULTANT 124800 ATRIUM STAFFING LLC 625 LIBERTY AVENUE SUITE 200 PITTSBURGH PA 15222 TEMPORARY STAFFING 122909 KPMG LLP 3 CHESTNUT RIDGE ROAD MONTVALE NJ 07645 AUDIT AND TAX SERVICES 109370 7 3973079 9029245 1119023 13002324 FEES FOR SERVICE 541900 2326263 2326263 WORKSHOP FEES 900099 124980 124980 MEMBERSHIP DUES 900099 58420 58420 2509663 641731 641731 7345263 4742219 2603044 2603044 2603044 OTHER REVENUE 900099 1376 1376 1376 18758138 2511039 0 3244775 X 70514 70514 173566 173566 3046792 1694608 482086 870098 8611935 6937408 610498 1064029 366841 292560 26898 47383 984998 752657 84704 147637 752442 551336 72651 128455 32408 26299 6109 241399 117607 116292 7500 280313 280313 38870 38870 3597815 3345757 52156 199902 255052 143322 3596 108134 310465 215572 34281 60612 1173309 1038715 22800 111794 285848 273321 2945 9582 136663 95619 14827 26217 78261 50874 13083 14304 LICENSES, DUES AND FEES 623834 466270 46250 111314 INCOME TAXES 154379 154379 BAD DEBT 1747 1747 21217451 16246005 1784172 3187274 1996879 1049074 18417497 12972991 389107 846403 136075 56442 441097 430168 1232684 1138475 206278 94209 18678497 20065258 1606385 2525877 2812775 228528 44684590 38268950 901337 981453 102289 3538160 530961 4541786 1512414 X 9771142 10293898 30371662 26462638 40142804 36756536 44684590 38268950 X -2459313 -906599 -20356 X 0 1 X 1 0 X 8214799 20305376 8348461 20158291 13002324 70029251 8214799 20305376 8348461 20158291 13002324 70029251 42299480 27729771 277018 525753 325177 563163 641731 2332842 1460653 1460653 73822746 13328290 0.37560 0.57800 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: CARRIED INTEREST INCOME - 2022 AMOUNT: $ 1,460,653. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 20221983 2064564 808367 21478180 18288531 2714661 781209 20221983 22510119 -3439945 781643 18288531 20698681 2546541 735103 22510119 19326546 2075119 702984 20698681 0.03000 0.97000 0 0 249153 212555 36598 664747 607681 57066 318784 318239 545 94209 LIMITED PARTNERSHIPS 2492904 F LIMITED LIABILITY COMPANY 32973 F 2525877 OPERATING LEASE LIABILITY 118866 DUE TO MEMBERS OF WWB INVESTMENTS LLC 412095 530961 X 17961358 -906599 169045 -737554 18698912 38870 20356 59226 18758138 21347626 169045 169045 21178581 38870 38870 21217451 PART X, LINE 2: LIABILITY FOR UNCERTAIN TAX POSITIONS THE ORGANIZATION RECOGNIZES THE EFFECTS OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. THE ORGANIZATION HAS EVALUATED ITS TAX POSITIONS AT DECEMBER 31, 2024 AND 2023, AND HAS DETERMINED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS AND WILL CONTINUE TO BE EXEMPT FROM INCOME TAXES. PART XI, LINE 4B - OTHER ADJUSTMENTS: FOREIGN CURRENCY TRANSLATION LOSS 20,356. PART V, LINE 4 - INTENDED USE OF ENDOWMENT FUNDS THE ORGANIZATION HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR THE CAPITAL FUND THAT ATTEMPTS TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY THE FUND AND TO SUPPORT ORGANIZATIONAL OPERATIONS WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE FUND. THE FUND INCLUDES THOSE ASSETS OF DONOR-RESTRICTED FUNDS THAT THE ORGANIZATION MUST HOLD IN PERPETUITY OR FOR A DONOR-SPECIFIED PERIOD(S). THE ORGANIZATION'S OBJECTIVE IS TO MAINTAIN THE PURCHASING POWER OF THE FUND'S ASSETS HELD IN PERPETUITY OR FOR A SPECIFIED TERM AS WELL AS TO PROVIDE ADDITIONAL REAL GROWTH THROUGH NEW GIFTS AND INVESTMENT RETURN. 1 EAST ASIA AND THE PACIFIC 2 135 PROGRAM SERVICES SEE PART V 2384295 NORTH AMERICA 1 6 PROGRAM SERVICES SEE PART V 161720 SOUTH ASIA 1 94 PROGRAM SERVICES SEE PART V 2502215 SUB-SAHARAN AFRICA 3 45 PROGRAM SERVICES SEE PART V 1520576 EUROPE 3 31 PROGRAM SERVICES SEE PART V 1553518 EAST ASIA AND THE PACIFIC 2 GRANTMAKING 11717 SOUTH ASIA 1 GRANTMAKING 12410 SUB-SAHARAN AFRICA 5 GRANTMAKING 149439 10 319 0 0 10 319 8295890 0 8295890 SOUTH ASIA SPONSORSHIP FOR "INCLUSIVE FINANCE INDIA SUMMIT" 12410 WIRE TRANSFER 0 FMV SUB-SAHARAN AFRICA SUBGRANT FOR BRIDGING THE GENDER GAP IN DIGITAL FINANCIAL SERVICE" 27553 WIRE TRANSFER 0 FMV SUB-SAHARAN AFRICA SUBGRANT FOR "CATALYZING WOMENS ACTIVE PARTICIPATION IN DIGITAL FINANCIAL SERVICES" 27621 WIRE TRANSFER 0 FMV SUB-SAHARAN AFRICA SUBGRANT FOR "EMPOWERING VISUALLY IMPARIED WOMEN THROUGH ACCESS TO DIGITAL FINANCIAL SERVICES" 27900 WIRE TRANSFER 0 FMV SUB-SAHARAN AFRICA SUBGRANT FOR ENHANCED ACCESS TO DIGITAL FINANCIAL SERVICES FOR WOMEN IN ETHIOPIA 38967 WIRE TRANSFER 0 FMV EAST ASIA AND THE PACIFIC SUBGRANT FOR WOMENS DIGITAL FINANCIAL INCLUSION ADVOCACY SUBGRANT FACILITY FOR CSOS" 5859 WIRE TRANSFER 0 FMV SUB-SAHARAN AFRICA SUBGRANT FOR PROMOTING WOMENS DIGITAL FINANCIAL INCLUSION" 27398 WIRE TRANSFER 0 FMV EAST ASIA AND THE PACIFIC SUBGRANT FOR WOMENS DIGITAL FINANCIAL INCLUSION ADVOCACY SUBGRANT FACILITY FOR CSOS" 5858 WIRE TRANSFER 0 FMV 8 1 0 1 0 1 0 PART I, LINE 2: THE ORGANIZATION'S FINANCE, DEVELOPMENT AND PROGRAM TEAMS MONITOR THE USE OF THE GRANT FUNDS TO ENSURE THAT THEY ARE BEING USED FOR THE INTENDED PURPOSES VIA AUDITS/INVESTIGATIONS AND THE REVIEW OF SUPPORT DOCUMENTATION. SCHEDULE F, PART I, LINE 3, COLUMN E DESCRIPTION OF SERVICE PROGRAM SERVICES PROVIDED IN EACH REGION WERE TO CARRY OUT WWB PROGRAM SERVICE ACCOMPLISHMENTS, AS DESCRIBED IN FORM 990, PART III, LINE 4A. SCHEDULE F, PART I, LINE 3, COLUMN F EXPENDITURES ARE REPORTED ON THE ACCRUAL METHOD. X X X X X 1 THE AVALON CONSULTING GROUP 1011 BAY RIDGE AVE UNIT 323 ANNAPOLIS MD 21403 PROFESSIONAL FUNDRAISER 0 33872 286411 0 33872 286411 AL AK AR CA CO CT DC FL GA HI IL KS KY ME MD MA MI MN MS NV NH NJ NM NY NC ND OH OK OR PA RI SC TN VA WA WV WI 1 MERCY CORPS 45 SW ANKENY STREET PORTLAND OR 97204 911148123 501(C)3 42614 0 FMV SUBGRANT FOR "DIGITAL FINANCIAL INCLUSION FOR WOMEN IN HOSSANA" COOPERATIVE FOR ASSISTANCE AND RELIEF AND EVERYWHERE INC (CARE) 151 ELLIS ST NE ATLANTA GA 30303 131685039 501(C)3 27900 0 FMV SUBGRANT FOR "WOMEN'S INCLUSION IN FINANCE AND DIGITAL SERVICES" 2 PART I, LINE 2: THE ORGANIZATION'S FINANCE, DEVELOPMENT AND PROGRAM TEAMS MONITOR THE USE OF THE GRANT FUNDS TO ENSURE THAT THEY ARE BEING USED FOR THE INTENDED PURPOSES VIA AUDITS/INVESTIGATIONS AND THE REVIEW OF SUPPORT DOCUMENTATION. X X X X X 1 0 1 0 0 0 0 1 0 MARY ELLEN ISKENDERIAN PRESIDENT AND CEO 511971 0 25000 0 10668 0 17250 0 1531 0 566420 0 0 0 J THOMAS JONES COO, EVP AND SECRETARY 450721 0 0 0 1260 0 17250 0 44757 0 513988 0 0 0 CHRISTINA JUHASZ MANAGING PARTNER, WAM 289834 0 16947 0 2784 0 15575 0 44509 0 369649 0 0 0 LESLIE WETZEL CHIEF DEVELOPMENT OFFICER 313018 0 0 0 3022 0 15876 0 26330 0 358246 0 0 0 HARSHA RODRIGUES EVP, HEAD OF CLIENT SERVICES 268345 0 7000 0 2608 0 14221 0 44456 0 336630 0 0 0 FRANCESCA KRIST GLOBAL HEAD OF EXTERNAL AFFAIRS 248258 0 0 0 0 0 11557 0 19633 0 279448 0 0 0 TAHARAH ISA GLOBAL HEAD, HUMAN RESOURCES 234144 0 0 0 1180 0 11923 0 15267 0 262514 0 0 0 ELISABETH BALLREICH PRINCIPAL INVESTMENT OFFICER, WAM 208854 0 24205 0 455 0 11923 0 16138 0 261575 0 0 0 SONJA KELLY GLOBAL HEAD OF WWB INSTITUTE 194405 0 10000 0 425 0 10597 0 42457 0 257884 0 0 0 CHRISTINA MAYNES REGIONAL HEAD,SOUTHEAST ASIA 231056 0 0 0 0 0 9464 0 8886 0 249406 0 0 0 GIL LACSON DIRECTOR, NETWORK ENGAGEMENT 141136 0 0 0 51592 0 11280 0 40298 0 244306 0 0 0 MARINA DIMOVA DIRECTOR, STRATEGIC PARTNERS 199642 0 0 0 401 0 9982 0 960 0 210985 0 0 0 KALPANA AJAYAN REGIONAL HEAD, SOUTH ASIA 195865 0 0 0 0 0 7835 0 1789 0 205489 0 0 0 CARLOS HORNILLOS-DALISME CFO & TREASURER (AS OF 5/01/24) 161425 0 0 0 1514 0 8014 0 20377 0 191330 0 0 0 KRISTINA SCHWARTZ GEN COUNSEL,ASST. SEC.(AS OF 4/29/24 168590 0 0 0 361 0 8430 0 10510 0 187891 0 0 0 PART I, LINES 4A-C SEVERANCE PAYMENTS THE FOLLOWING INDIVIDUAL RECEIVED A SEVERANCE PAYMENT DURING 2024: GIL LACSON: 47,721 EQUITY-BASED COMPENSATION ARRANGEMENT THE FOLLOWING INDIVIDUALS HAVE PROFIT INTERESTS IN WWB INVESTMENTS, LLC, AND WWB INVESTMENTS II, LLC, PARTNERSHIPS THAT ARE RELATED TO WWB. THESE WERE RECEIVED IN RETURN FOR SERVICES PROVIDED. THERE WERE NO DISTRIBUTIONS OR PAYMENTS RECEIVED DURING THE TAX YEAR. WWB INVESTMENTS, LLC: - PRESIDENT AND CEO (CLASS B NON-VOTING UNITS; 5% INTEREST) - MANAGING PARTNER, WAM (CLASS B NON-VOTING UNITS; 15% INTEREST) WWB INVESTMENTS II, LLC: - PRESIDENT AND CEO (5 CLASS B SHARES) - MANAGING PARTNER, WAM (15.13 CLASS B SHARES) - PRINCIPAL INVESTMENT OFFICER, WAM (12.63 CLASS B SHARES) PART I, LINE 7: BONUS PAYMENT THE CEO/PRESIDENT RECEIVED A NON-FIXED BONUS BASED ON PRE-DETERMINED PERFORMANCE OBJECTIVES. UPON THE PRESIDENT SATISFYING THESE OBJECTIVES, THE WWB COMPENSATION COMMITTEE RECOMMENDED A COMPENSATION BONUS. THE BOARD REVIEWED AND APPROVED THE RECOMMEND BONUS. THE FOLLOWING INDIVIDUALS RECEIVED A NON-FIXED BONUS BASED ON PERFORMANCE THAT WAS AUTHORIZED AND APPROVED BY THE PRESIDENT: MANAGING PARTNER, WAM EVP, HEAD OF CLIENT SERVICES PRINCIPAL INVESTMENT OFFICER, WAM GLOBAL HEAD OF WWB INSTITUTE X 1 1119023 FMV 0 0 0 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTORS IS REPORTED. FORM 990, PART I, LINE 1 & PART III, LINE 1 ORGANIZATION'S MISSION: THE MISSION OF THE WOMEN'S WORLD BANKING IS TO EXPAND THE ECONOMIC ASSETS, PARTICIPATION AND POWER OF LOW-INCOME WOMEN AND THEIR HOUSEHOLDS BY HELPING THEM ACCESS FINANCIAL SERVICES, KNOWLEDGE AND MARKETS. OUR VISION IS THAT ONE DAY ALL WOMEN WILL BE ABLE TO BUILD A SECURE FINANCIAL FUTURE FOR THEMSELVES AND THEIR HOUSEHOLDS. WOMEN'S WORLD BANKING DESIGNS AND INVESTS IN THE FINANCIAL SOLUTIONS, INSTITUTIONS, AND POLICY ENVIRONMENTS IN EMERGING MARKETS TO CREATE GREATER ECONOMIC STABILITY AND PROSPERITY FOR WOMEN, THEIR FAMILIES AND THEIR COMMUNITIES. WITH A GLOBAL REACH OF 74 PARTNERS IN 34 COUNTRIES SERVING MORE THAN 185 MILLION WOMEN CLIENTS, WOMEN'S WORLD BANKING DRIVES IMPACT THROUGH PARTNERING WITH FINANCIAL INSTITUTIONS AND POLICYMAKERS TO DESIGN AND DEVELOP SOLUTIONS AND PROGRAMS THAT FACILITATE SYSTEMIC CHANGE FOR WOMEN; AND, THROUGH ITS PRIVATE INVESTMENT FUNDS, ADVANCING WOMEN IN THE WORKPLACE AND AS CUSTOMERS THROUGH DIRECT EQUITY TO BRING FINANCIAL SECURITY, PROSPERITY AND INDEPENDENCE TO WOMEN. WOMEN'S WORLD BANKING PARTNERS WITH FINANCIAL INSTITUTIONS TO: *CREATE INNOVATIVE FINANCIAL PRODUCTS INCLUDING CREDIT, SAVINGS AND INSURANCE AND BRING THESE PRODUCTS TO SCALE. WE DO THIS THROUGH UNDERSTANDING THE FINANCIAL NEEDS OF WOMEN AND THEN CREATING PRODUCTS TO FIT THOSE NEEDS. BY DESIGNING TAILORED PRODUCTS AND USING MARKETING AND DELIVERY TECHNIQUES IN NEW WAYS, WE SEEK TO SERVE MORE WOMEN THAN EVER BEFORE WITH THE FINANCIAL TOOLS AND RESOURCES THEY NEED. *PROVIDES LEADERSHIP & DEVELOPMENT PROGRAMS TO ENHANCE INDIVIDUAL AND TEAM EFFECTIVENESS IN BUILDING IMPACTFUL FINANCIAL POLICIES AND PRODUCTS, CREATE INCLUSIVE WORKPLACES, AND PROMOTE INCLUSIVE POLICY ENVIRONMENTS; CONDUCTS QUALITATIVE AND QUANTITATIVE RESEARCH ON LOW-INCOME WOMEN'S FINANCIAL NEEDS AND BEHAVIORS TO DEMONSTRATE THE IMPACT OF FINANCIAL INCLUSION ON WOMEN'S ECONOMIC EMPOWERMENT AND BUILD AN EVIDENCE BASE WITH WHICH WE CAN ADVOCATE FOR WOMEN'S FINANCIAL INCLUSION; *SHARES KNOWLEDGE AND INNOVATION BY PROVIDING NETWORK MEMBERS OPPORTUNITIES TO EXCHANGE BEST PRACTICES WITH OTHER LEADERS. BY INVESTING IN WOMEN WE PRODUCE A MULTIPLIER EFFECT ON THE WELL-BEING OF THEIR HOUSEHOLDS AND COMMUNITIES; *WORKS WITH GOVERNMENTS AND REGULATORS TO DESIGN AND IMPLEMENT POLICIES AND INITIATIVES THAT PROMOTE WOMEN'S FINANCIAL INCLUSION, WHICH HAS THE POTENTIAL TO EXPAND MARKETS, SPARK ECONOMIC GROWTH AND IMPROVE HEALTH AND EDUCATION OUTCOMES; AND *THROUGH WWB ASSET MANAGEMENT, LLC'S PRIVATE INVESTMENT FUNDS, INVESTS IN GROWING BUSINESSES WITH INNOVATIVE SOLUTIONS THAT ENABLE WOMEN TO ACHIEVE ECONOMIC EMPOWERMENT AND RESILIENCE. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S FORM 990 IS INITIALLY PREPARED BY AN INDEPENDENT ACCOUNTING FIRM BASED ON INFORMATION PROVIDED BY THE ORGANIZATION'S FINANCE DEPARTMENT. THE FINANCE DEPARTMENT THEN REVIEWS AND PROVIDES COMMENTS ON THE RETURN AS DRAFTED BY THE ACCOUNTING FIRM. THE ORGANIZATION'S CFO THEN REVIEWS AND APPROVES THE REVISED DRAFT RETURN. THE DRAFT IS REVIEWED AND APPROVED BY THE AUDIT COMMITTEE THEN DISTRIBUTED TO THE FULL BOARD OF DIRECTORS FOR THEIR REVIEW PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C PER THE ORGANIZATION'S WRITTEN CONFLICT OF INTEREST POLICY, ALL EMPLOYEES WHEN HIRED ARE ASKED TO COMPLETE AND SIGN A CONFLICT OF INTEREST DISCLOSURE STATEMENT. ADDITIONAL SUBMISSIONS SHOULD BE MADE THROUGH A SUPERVISOR UPON OCCURRENCE OF ANY NEW ACTIVITY, INTEREST OR RELATIONSHIP, WHICH MAY GIVE RISE TO A CONFLICT OF INTEREST OR THE APPEARANCE OF A CONFLICT OF INTEREST. IT IS NOT THE INTENTION OF THE ORGANIZATION TO REQUIRE ITS EMPLOYEES TO EXERCISE INDEPENDENT JUDGMENT REGARDING A SPECIFIC SITUATION, AND ANY DOUBTS SHOULD ALWAYS BE RESOLVED IN FAVOR OF DISCLOSURE SO THAT AN INFORMED JUDGMENT MAY BE MADE. ALL NEW DIRECTORS AND STAFF OFFICERS ARE PROVIDED A COPY OF THE CONFLICT OF INTEREST POLICY AND ASKED TO COMPLETE THE CONFLICT OF INTEREST DISCLOSURE STATEMENT UPON UNDERTAKING THE DUTIES OF OFFICE. ANNUALLY, ALL DIRECTORS AND STAFF OFFICERS THEN-SERVING ARE FURNISHED A COPY OF THE CONFLICT OF INTEREST POLICY AND REQUESTED TO COMPLETE THE CONFLICT OF INTEREST DISCLOSURE STATEMENT UPON OCCURRENCE OF ANY NEW ACTIVITY, INTEREST, OR RELATIONSHIP, WHICH MAY GIVE RISE TO A CONFLICT OF INTEREST OR THE APPEARANCE OF A CONFLICT OF INTEREST. ADDITIONAL SUBMISSIONS SHOULD BE MADE IN WRITING TO A SUPERVISOR, IF THE INTERESTED INDIVIDUAL IS A STAFF MEMBER; TO THE CEO, IF THE INTERESTED INDIVIDUAL IS A DIRECTOR; OR TO THE AUDIT COMMITTEE, IF THE INTERESTED INDIVIDUAL IS THE CEO. WHEN A DIRECTOR IS INVOLVED, THE CEO OR OTHER DESIGNATED REVIEWING OFFICIAL HAS A RESPONSIBILITY TO BRING A POTENTIAL CONFLICT OF INTEREST TO THE ATTENTION OF THE BOARD PROMPTLY FOR ACTION AT THE NEXT REGULAR MEETING OF THE BOARD OR DURING A SPECIAL MEETING CALLED SPECIFICALLY TO REVIEW THE POTENTIAL CONFLICT OF INTEREST. THE BOARD HAS DELEGATED TO THE AUDIT COMMITTEE THE AUTHORITY TO REVIEW AND VOTE ON THE BOARD'S BEHALF ON ALL MATTERS RELATED TO CONFLICTS OF INTEREST, EXCEPT WHEN ONE OF THE COMMITTEE MEMBERS THEMSELVES IS CONFLICTED, IN WHICH CASE THE BOARD WILL OVERSEE RESOLUTION OF THE CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION ADHERES TO THE FOLLOWING POLICIES AND PROCEDURES FOR DETERMINING COMPENSATION OF THE CEO: (1) REVIEW AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE OF THE ORGANIZATION; (2) USE OF DATA AS TO COMPARABLE COMPENSATION; AND (3) CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATIONS AND DECISIONS. 1. REVIEW AND APPROVAL. THE COMPENSATION OF THE PERSON IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS OR COMPENSATION COMMITTEE OF THE ORGANIZATION, PROVIDED THAT PERSONS WITH CONFLICTS OF INTEREST WITH RESPECT TO THE COMPENSATION ARRANGEMENT AT ISSUE ARE NOT INVOLVED IN THIS REVIEW AND APPROVAL. 2. USE OF DATA AS TO COMPARABLE COMPENSATION. THE COMPENSATION OF THE PERSON IS REVIEWED AND APPROVED USING DATA AS TO COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. 3. UPON RECOMMENDATION FROM THE COMPENSATION COMMITTEE, THE BOARD APPROVES THE COMPENSATION AND SAID DECISION IS RECORDED IN THE MINUTES. EXCLUDING THE CEO, THE COMPENSATION FOR THE OTHER OFFICERS OF THE ORGANIZATION ARE REVIEWED ANNUALLY BY THE CEO OR UPON RECEIVING THE DUTIES OF AN OFFICER. THE CEO DETERMINES APPROPRIATE COMPENSATION IN COORDINATION WITH THE HUMAN RESOURCES DIRECTOR AND IN CONJUNCTION WITH THE ANNUAL PERFORMANCE ASSESSMENT. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION PUBLISHES THROUGH ITS WEBSITE, AN ANNUAL REPORT INCLUSIVE OF FINANCIALS ALONG WITH THE FORM 990 AND AUDITED FINANCIAL STATEMENTS. THE FORM 990 IS ALSO AVAILABLE TO THE PUBLIC THROUGH THE GUIDESTAR WEBSITE. FORM 990, PART IX, LINE 11G CONSULTANTS AND OTHER FEES: PROGRAM SERVICE EXPENSES 3,345,757. MANAGEMENT AND GENERAL EXPENSES 52,156. FUNDRAISING EXPENSES 199,902. TOTAL EXPENSES 3,597,815. FORM 990, PART XI, LINE 9: FOREIGN CURRENCY TRANSLATION LOSS -20,356. 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