Women’s Foundation of Minnesota

Mission Statement

As a statewide community foundation, the Women’s Foundation of Minnesota’s mission is to end systemic inequities and drive innovation for gender and racial justice.

Impact and Programs

Accomplishments Over our last fiscal year (FY22: April 1, 2021 – March 31, 2022), 105,286 Minnesotans were directly impacted by the $2.5 million in grantmaking we invested in community-led organizations to create opportunities and build pathways to economic security, safety, and leadership for women and girls who experience the greatest disparities in outcomes. WFMN’s most recent grantee-partner demographics include: Low-income: 90%; African or African American: 27%; American Indian: 10%; Asian American: 11%; White: 16%; Hispanic/Latina: 6%; Multiracial: 20%; LGBTQ+: 7.5%; Disability: 2.5%. WFMN invests and partners with community organizations and across sectors as we work toward collective impact across the state, nation, and world. 69% of investments support nonprofit organizations and leaders in the seven-county Twin Cities metro area; 27% of investments are in Greater Minnesota, 50% of these investments go to rural Minnesota; 4% of investments support the national and international movement for gender and racial equity. 56% of WFMN grantee-partners are BIPOC-led and 75% of investments support communities of color.
Current Goals In November 2021, the Foundation’s Board of Trustees approved a new, -year Strategic Plan (Apr. 1, 2022 - Mar. 31, 2029). The four Strategic Goals represent the Foundation’s commitment to equitably sharing critical resources to achieve justice and share prosperity with all women, girls, and communities. Goal 1: Build community power and invest in leadership, field-building, and movements that center women, girls, and gender-expansive people at the intersection of identities most impacted by systemic injustice. Goal 2: Advance cross-sector learning, practice, and engagement on intersections of gender and racial justice. Goal 3: Inspire transformational philanthropic investment through a comprehensive campaign for systems change, gender and racial justice, and sustained impact for future generations. Goal 4: Grow WFMN’s capacity for anti-racist philanthropic practice and sustain a culture of wellness and learning.
Community or Constituency Served Through annual statewide grantmaking, research and listening, narrative change, convening, and policy change, we partner with Minnesota's diverse women, girls, and gender-expansive people to end systemic inequities, change harmful systems, and drive innovation for gender and racial justice. For us, systems change means shifting structures to reduce and eliminate barriers, increase access to opportunity, and achieve gender and racial justice.
Geographic Area Served Minnesota

Reports & Finances

If you have additional questions regarding a nonprofit's financials, visit their website, or call and ask to review their IRS Form 990, Annual Report, or Audit for a more complete picture of their financial story.
Major Program Expenses
Grantmaking:
$2,751,584
Research, Education and public policy:
$340,235
Building Philanthropy for Gender and Racial Equity:
$1,724,026
3 Year Average Expenses
Program Services
$4,681,541
82%
Management
$989,578
17.3%
Fundraising
$36,237
0.6%
Unrestricted Net Assets
End of Year:
Beginning of Year:
Difference:
2021
$10,627,441
$9,232,886
$1,394,555
2020
$9,232,886
$6,756,206
$2,476,680
2019
$6,756,206
$7,192,014
($435,808)

Notes from the Council

Organization Last Reviewed on 03/08/2023

This date is representative of when we completed our initial Accountability Wizard® nonprofit review, and provided the organization with their results. This review is good for three years from the date provided
Return to List of Reviewed Nonprofits

Connect

Address:
105 5th Ave S.
Minneapolis, MN 55401-2593
Phone: 612.337.5010
Website: www.wfmn.org

General Information

Alternative Name: Women's Foundation, WFMN, WFM, Women's Fund, Fund for Women
EIN: 41-1635761
Principal Staff: Gloria Perez
Number of Full-Time Equivalents (FTE): 18.50
Volunteer Opportunities: No
Number of Clients: 105,286
Ruling Year: 1996

Board

Board Chair: Nevada Littlewolf
Number of Board Members: 16
Board Meetings with Quorum: 9
Average Member Attendance: 12

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Let’s Connect

2550 University Avenue W, Ste 200 N
St. Paul, MN 55114
Phone: (651) 224–7030 • E-mail: info@smartgivers.org

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