IDAHO WOMEN'S CHARITABLE FOUNDATION

EIN: 820527986 501(c)(3) Philanthropy & Grantmaking

BOISE, ID

Total Revenue
$507,682
Total Expenses
$401,908
Total Assets
$1,598,518
Net Assets
$1,590,690
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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
ID
Principal Officer
NICOLE PATTERSON
Phone
2083434923
Tax Period
2023-07-01 to 2024-06-30

IDAHO WOMEN'S CHARITABLE FOUNDATION, founded in 2001, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $508K in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion. The organization ran a surplus of $106K, a strong 21% operating margin.

Mission

IDAHO WOMEN'S CHARITABLE FOUNDATION (IWCF) EDUCATES MEMBERS ABOUT COMMUNITY NEEDS AND INSPIRES THEM TO POSITIVELY IMPACT THE COMMUNITY THROUGH EDUCATED PHILANTHROPY. IWCF CONSISTS OF APPROXIMATELY 400 MEMBERS. MANY OF THESE MEMBERS SERVE ON THE GRANTS COMMITTEE, A SEVEN-MONTH COLLABORATIVE EFFORT TO RESEARCH AND RECOMMEND TO THE ENTIRE MEMBERSHIP, POTENTIAL GRANT RECIPIENTS WHO WILL PROVIDE MAXIMUM POSITIVE IMPACT WITH THE POOLED-FUND GRANTS COLLECTED FOR THE PERIOD. GRANTS ARE AWARDED IN EACH OF SIX INTEREST AREAS (CULTURAL ARTS, EDUCATION, ENVIRONMENT, FINANCIAL STABILITY, HEALTH, AND RURAL COMMUNITIES) BASED ON AN ANNUAL IWCF MEMBERSHIP VOTE. BY COLLABORATING ON GRANT-FUNDING DECISIONS AND ATTENDING IWCF-SPONSORED EDUCATIONAL EVENTS, MEMBERS DEVELOP THE SKILLS AND KNOWLEDGE NECESSARY TO MAKE INFORMED GRANT CHOICES. SOME MEMBERS WILL CHOOSE AN OPTION TO DIRECT $500 OF THEIR ANNUAL MEMBER CONTRIBUTIONS TO OUTSIDE 501C3 ORGANIZATIONS.

Program Service Accomplishments

Program 1
Expenses: $321,250 Revenue: $0

THE GRANT CYCLE FOR THE FISCAL YEAR ENDED JUNE 30, 2024, RESULTED IN POOLED DISTRIBUTIONS OF $181,343 to 18 IDAHO NONPROFIT ORGANIZATIONS. DURING THAT PERIOD, MEMBERS ALSO DIRECTED DISTRIBUTIONS OF...

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THE GRANT CYCLE FOR THE FISCAL YEAR ENDED JUNE 30, 2024, RESULTED IN POOLED DISTRIBUTIONS OF $181,343 to 18 IDAHO NONPROFIT ORGANIZATIONS. DURING THAT PERIOD, MEMBERS ALSO DIRECTED DISTRIBUTIONS OF $120,250 TO INDIVIDUALLY SELECTED NONPROFIT ORGANIZATIONS. IDAHO WOMEN'S CHARITABLE FOUNDATION (IWCF) EDUCATES MEMBERS ABOUT COMMUNITY NEEDS AND INSPIRES THEM TO POSITIVELY IMPACT THE COMMUNITY THROUGH EDUCATED PHILANTHROPY. NEARLY ALL IWCF MEMBERS PARTICIPATE IN A COLLABORATIVE EFFORT TO IDENTIFY AND DISTRIBUTE GRANTS TO THOSE IDAHO NONPROFIT ORGANIZATIONS PROVIDING SERVICES TO THE COMMUNITY IN THE AREAS OF CULTURAL ARTS, EDUCATION, FINANCIAL STABILITY, ENVIRONMENT, HEALTH AND RURAL COMMUNITIES. BY COLLABORATING ON GRANT FUNDING DECISIONS AND PARTICIPATING IN IWCF-SPONSORED EDUCATION EVENTS AND SERVICE ACTIVITIES, MEMBERS DEVELOP THE SKILLS AND KNOWLEDGE NECESSARY TO MAKE INFORMED PHILANTHROPIC DECISIONS.

Program 2
Expenses: $12,469 Revenue: $13,136

IWCF SPONSORS MULTIPLE EDUCATIONAL EVENTS EACH YEAR TO EDUCATE MEMBERS AND THE PUBLIC ABOUT COMMUNITY PHILANTHROPIC ISSUES.

Program 3
Expenses: $15,075 Revenue: $13,750

IWCF SPONSORS A BIENNIAL SYMPOSIUM EVENT FOCUSED ON ONE OF ITS GRANTMAKING INTEREST AREAS. THE EVENT IS INTENDED AS AN OPPORTUNITY TO EDUCATE MEMBERS AND THE PUBLIC ABOUT COMMUNITY ISSUES. THE...

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IWCF SPONSORS A BIENNIAL SYMPOSIUM EVENT FOCUSED ON ONE OF ITS GRANTMAKING INTEREST AREAS. THE EVENT IS INTENDED AS AN OPPORTUNITY TO EDUCATE MEMBERS AND THE PUBLIC ABOUT COMMUNITY ISSUES. THE REVENUES AND EXPENSES REPORTED IN THE FISCAL YEAR ENDED 6/30/2024 RELATE TO THE SYMPOSIUM WHICH WILL BE HELD IN OCTOBER 2024.

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $399,968
Program Service Revenue $26,886
Investment Income $80,828
Other Revenue $0
TOTAL REVENUE $507,682

Expense Breakdown

Grants Paid $301,593
Salaries & Benefits $28,055
Fundraising Expenses $0
Program Expenses $348,794
Other Expenses $72,260
TOTAL EXPENSES $401,908

Year-over-Year Comparison

2023 2022 Change
Revenue $507,682 $456,050 +0.1%
Expenses $401,908 $404,227 0.0%
Net Income $105,774 $51,823 +1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
15
Independent Members
15
Employees
2
Volunteers
140

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JENA VASCONCELLOS BOARD MEMBER 10
Director
$0 $0 $0
TRINJIA DELL'AGLIO BOARD MEMBER 15
Director
$0 $0 $0
SHERRY BITHELL BOARD MEMBER 10
Director
$0 $0 $0
KATHY SCOTT BOARD MEMBER 10
Director
$0 $0 $0
EVIN BASK BOARD MEMBER 4
Director
$0 $0 $0
KIM LIEBICH BOARD MEMBER 10
Director
$0 $0 $0
JAN RIENER BOARD MEMBER 4
Director
$0 $0 $0
JULIE CUSTER BOARD MEMBER 8
Director
$0 $0 $0
CAROL HOIDAL BOARD MEMBER 4
Director
$0 $0 $0
BETH SCHATTIN BOARD MEMBER 3
Director
$0 $0 $0
SUSAN SMITH NON-VOTING BOARD MEMBER 15
Director
$0 $0 $0
NICOLE PATTERSON PRESIDENT 20
Officer
$0 $0 $0
MOLLY HARDER VICE PRESIDENT 10
Officer
$0 $0 $0
JENNIFER SAMPSON VICE PRESIDENT 10
Officer
$0 $0 $0
SANDY LEASE TREASURER 15
Officer
$0 $0 $0
LINNEA LOVLIEN SECRETARY 10
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $507,682 $401,908 $1,598,518 $105,774
2023 $456,050 $404,227 $1,373,052 $51,823
2022 $549,710 $483,693 $1,250,604 $66,017
2021 $590,086 $453,334 $1,389,371 $136,752
2020 $536,834 $484,107 $1,124,936 $52,727
2019 $563,920 $556,235 $987,000 $7,685
2018 $557,063 $433,157 $923,453 $123,906
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