Women in the World 2011 filing
Content
WN
FOUNDATION
January 9, 2013
VIA FEDERAL EXPRESS New York State Department of Law Charities Bureau - Registration Section 120 Broadway New York, NY 10271 Re: Women in the World Foundation NY State Registration No. 43-26-41 Enclosed please find the 2011 Form Char500, New York Annual Filing for Charitable Organizations and accompanying check for the Women in the World Foundation.
Sincerely, . MtZ zz el 1 Z President Women in the World Foundation
^
Women in the World Foundation . 555 West 18th St. New York, NY 10011 . 212-4454025 . infowomeninthewor1d.org
Form
CHAR500
Annual Filing for ChritabIe drg anizations
New York State Department of Law (Office of the Attorney General) Charities Bureau - Registration Section 120 Broadway New York, NY 10271 http://www.charitiesnys.com and d. Name of organization
C'hrsoo, 9 go
OiA
2011
Open to Public Inspection 11
c. Fed, employer ID no. (EIN) d. NY State registration no.
Article 7-A, EPTL and dual filers (replaces forms CHAR 497, 1. General Information a. For the fiscal year beginr
El El IIIl El El El
b. Check if applicable for NYS: Address change Name change Initial filing Final filing Amended filing NY registration pending
WOMEN IN THE WORLD FOUNDATION, INC.
Number and street (or P.O. box if mail not delivered to street address) Room/suite
43-26-41
e. Telephone number
555 WEST 18TH STREET, 2ND FLOOR
City or town, state or country and ZIP +4
212 524-8896
f. Email
2. Certification - Two Signatures Required We certify under penalties of perjury that we I true, correct and complete in accordance itI a. President or Authorized Officer b. Chief Financial Officer or Treas.
report, including all attachments, and to the best of our knowledge and belief, they are the State of New York applicable to this report.
KIM AZ
PRESIDENT
Title Date
TPATP
1/4 /J
3. Annual Report Exemption Information a. Article 7-A annual report exemption (Article 7'A registrants and dual registrants) Check) if total contributions from NY State (including residents, foundations, corporations, government agencies, etc.) did not exceed $25,000 and the organization did not engage a professional fund raiser (PFR) or fund raising counsel (FRC)to solicit contributions during this fiscal year.
LII
NOTE: An organization may claim this exemption if no PFR or FRC was used and either: 1) it received an allocation from a federated fund, United Way or incorporated community appeal and contributions from other sources did not exceed $25,000 or 2) it received all or substantially all of its contributions from one government agency to which it submitted an annual report similar to that required by Article 7-A. b. EPTL annual report exemption (EPTL registrants and dual registrants) Check) if gross receipts did not exceed $25,000 and assets (market value) did not exceed $25,000 at any time during this fiscal year.
El
For EPTL or Article 7-A registrants claiming the annual report exemption under the one law under which they are registered and for dual registrants claiming the annual report exemptions under both laws, simply complete part 1 (General Information), part 2 (Certification) and part 3 (Annual Report Exemption Information) above. Do not submit a fee, do not complete the following schedules and do not submit any attachments to this form. 4. Article 7-A Schedules If you did not check the Article 7-A annual report exemption above, complete the following for this fiscal year: a Did the organization use a professional fund raiser, fund raising counsel or commercial co-venturer for fund raising activity in NY State? * If "Yes", complete Schedule 4a. b. Did the organization receive government contributions (grants)? * If "Yes", com p lete Schedule 4b. 5. Fee Submitted: See last page for summary of fee requirements. Indicate the filing fee(s) you are submitting along with this form: a. Article 7-A filing fee b. EPTL filing fee C. Total fee
LII Yes* lIIl No No LII Yes*
$ $
25 . 100 .
Submit only one check or money order for the total fee, payable to "NYS Department of Law"
$
125.
6. Attachments - For organizations that are not claiming annual report exemptions under both laws, see last page for required attachments
158451 12-22-11
1
1019 CHAR500-2011
1
WOMEN IN THE WORLD FOUNDATION, INC. 5. Fee Instructions
The filing fee depends on the organizations Registration Type. For details on Registration Type and filing fees, see the Instructions for Form CHAR500. Organization's Registration Type Fee Instructions • Article 7-A • EPTL • Dual Calculate the Article 7-A filing fee using the table in part a below. The EPTL filing fee is $0. Calculate the EPTL filing fee using the table in part b below. The Article 7-A filing fee is $0. Calculate both the Article 7-A and EPTL filing fees using the tables in parts a and b below. Add the Article 7-A and EPTL filing fees together to calculate the total fee. Submit a single check or money order for the total fee.
a) Article 7-A filing fee Total Support & Revenue Article 7-A Fee more than $250,000 up to $250,000 * b) EPTL filing fee * Any organization that contracted with or used the services of a professional fund raiser (PFR) or fund raising counsel (FRC) during the reporting period must pay an Article 7-A filing fee of $25, regardless of total support and revenue.
$25 $10
6. Attachments - Document Attachment Check-List
Check the boxes for the documents you are attaching. For All Filers Filing Fee
L1
Single check or money order payable to "NYS Department of Law
Copies of Internal Revenue Service Forms
EI1 IRS Form 990 IIII All required schedules (including
Schedule B) IRS Form 990-T
IRS Form 990-EZ All required schedules (including Schedule B)
LII
IRS Form 990-T
LI LI LI
IRS Form 990-PF All required schedules (including Schedule B) IRS Form 990-1
Additional Article 7-A Document Attachment Requirement Independent Accountant's Report
[RI] Audit Report (total support & revenue more than $250,000)
LI LI
Review Report (total support & revenue $100,001 to $250,000) No Accountant's Report Required (total support & revenue not more than $100,000)
1019 4
168481 12-22-11
CHAR500 - 2011
2
Form
990
Department of the Treasury Internal Revenue Service
I I
Return of Organization Exempt From Income Tax
Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except black lung benefit trust or private foundation) The organization may have to use a copy of this return to satisfy state reporting requirements.
MB No. 1545.0047
2011
en to Public
A For the 2011 calendar year, or tax year beginning C Name of organization B Check it
applicable: IhddS
JUN 14,
2011
and D Employer identification number
WOMEN IN THE WORLD FOUNDATION, INC. 45-26527 Room/suite E Telephone number ')1 ')—itG Gross receipts $ H(a) Is this a group return for affiliates? LIlYes II1 No H(b) Are all affiliates included? Liii Yes LII No If 'No, attach a list. (see instructions)
change Doing Business As Initial return returni Number and street (or P.O. box f mail is not delivered to street address) Terrnin-
555 WEST 18TH STREET, 2ND FLOOR City or town, state or country, and ZIP + 4 giica NEW YORK, NY 10011 pending I F Name and address of principalofficer:KIM AZZARELLI
6ieded
status: [Xi 501(c(3) [_i 501(c) (
1
Trust I I Association I I Other Part II Summary I 1 Briefly describe the organization's mission or most significant activities: SEE SCHEDULE
0
4
Cd
2 Check this box U if the organization discontinued its operations or disposed of more than 25% of its . 3 Number of voting members of the governing body (Part VI, line la) 4 Number of independent voting members of the governing body (Part VI, line 1 b) 5 Total number of individuals employed in calendar year 2011 (Part V, line 2a) 6 Total number of volunteers (estimate if necessary) ............................. 7 a Total unrelated business revenue from Part VIII, column (C), line 12 b Net unrelated business taxable income from Form 990-T. line 34 ..................................................................
0 0
4
0. 0.
Current Year 1,176,857.
(D 8 Contributions and grants (Part VIII, line ih) 9 Program service revenue (Part VIII, line 2g) 10 Investment income (Part VIII, column (A), lines 3, 4, and 7d) ....................................... cc ii Other revenue (Part VllI, column (A), lines 5, 6d, 8c, 9c, lOc, and lie) 13 Grants and similar amounts paid (Part IX, column (A), lines 1 .3) .......................... 14 Benefits paid to or for members (Part IX, column (A), line 4) 15 Salaries, other compensation, employee benefits (Part 1X, column (A), lines 5-10) ........... 16a Professional fundraising fees (Part IX, column (A), line lie) b Total fundraising expenses (Part IX, column (0), line 25) 39,368. ..................... 17 Other expenses (Part IX, column (A), lines iiaiid, 1lf-24e) 18 Total expenses. Add lines 13-17 (must equal Part IX, column (A), line 25) 19 Revenue less expenses. Subtract line 18 from line 12 of Current Year 20 Total assets (Part X, line 16) 21 Total liabilities (Part X, line 26) 22 Net assets or fund balances. Subtract line 21 from line 20 Under penalties of perjury, I true, correct, and compljSign Here
SI
0.
379.
0.
1,177,236.
10,000. 0. 0. 0.
526,868. 536,868. 640.368.
0. W
examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is arer (other than officer) is based on all information of which preparer has any knowledge. 0 7 A I
(/I2bt
Check
KIM AZZARELLI , PRESIDENT Type or print name and title Print/Type preparer's name Pr.qparer' signature j 3ARBAR.A VAN BERGEN ZQ4t V&i. Firm'sname . O'CONNOR DAVIES, LLP Firm'saddresso, 500 MAMARONECK AVENUE
WA P?T(ThT
11V 1flP-11
Date
Paid Preparer Use Only
XVJ&i
/2//O/It.empioyed
/ J
1
PTIN
/
00967804 Firm'sEIN, 27-1728945
Phnnenn (Qlifl R1—R9flU
132001 01-23-12
LHA For Paperwork Reduction Act Notice, see the separate instructions.
Form 990(2011)
Form (Rev. January 2012)
Department of the Treaeury Internal Revenue Se,vlce
8868
Application for Extension of Time To File an Exempt Organization Return
File a separate application for each return.
OMB No. 1545-1709
• if you are filing for an Automatic 3-Month Extension, complete only Part I and check this box ......................................................... • If you are filing for an Additional (Not Automatic) 3-Month Extension, complete only Part II (on page 2 of this form). Do not complete Part II unless you have already been granted an automatic 3-month extension on a previously filed Form 8868. Electronic filing (9-fife) You can electronically file Form 8868 if you need a 3-month automatic extension of time to file (6 months for a corporation required to file Form 990.1), or an additional (not automatic) 3-month extension of time. You can electronically file Form 8868 to request an extension of time to file any of the forms listed in Part I or Part Il with the exception of Form 8870, Information Return for Transfers Associated With Certain Personal Benefit Contracts, which must be sent to the IRS in paper format (see instructions). For more details on the electronic filing of this form, visit www.Irs. povlefile and click on e-file for Charities & Nonprofits.
Automatic 3-Month Extension of Time. Only submit original (no copies needed).
A corporation required to file Form 990T and requesting an automatic 6-month extension -check this box and complete Partlonly
........................................................................................................................................................................................... UJ
Name of exempt organization or other filer, see instructions. Employer identification number (EIN) or
All other corporations (Including 1120-0 filers), partnerships, REMICs, and trusts must use Form 7004 to request an extension of time to file Income tax returns.
Type or print
File by duedatefbrj me llllngyour return. See Instructona.
WOMEN IN THE WORLD FOUNDATION, INC.
Number, street, and room or suite no. If a P.O. box, see Instructions.
45-2652749
Social security number (SSN)
555 WEST 18TH STREET
City, town or post office, state, and ZIP code. For a foreign address, see Instructions.
INEW YORK, NY 1001
Enter the Return code for the return that this application is for (file a separate application for each return) Application Return I Application
....................................10711
Return
990-BL 01 Form 990•T (sec. 401(a) or 4 Form 990T (trust other than
09
• Thebooksareinthecareof lo. FAX No. " TelephoneNo.00, • If the organization does not have an office or place of business in the United States, check this box ................................ . If this Is for the whole group, check this • If this Is for a Group Return, enter the organization's four digit Group Exemption Number (GEN) and attach a list with the names and EINs of all members the extension is for. If it is for part of the grou p, check this box 01 box 00, I request an automatic 3-month (6 months for a corporation required to file Form 990 .1) extension of time until I to file the exempt organization return for the organization named above. The extension
914-381-8900
KIM AZZARELLI 555 WEST 18TH STREET - NEW YORK, NY 1001
Li
Li .
[X]
Li
AUGUST 15, 2012
Is for the organization's return for: calendar year 2011 or tax year beginning
Li
, and ending
2
If the tax year entered In line 1 Is for less than 12 months, check reason: Change In accounting period
Li
E]
Initial return
Li
Final return
3a If this application is for Form 990-13L, 990'PF, 990-T, 4720, or 6069, enter the tentative tax, less any El b If this application is for Form 990•PF, 990-T, 4720, or 6069, enter any refundable credits and estimated tax payments made. Include any prior year overpayment allowed as a credit. c Balance due, Subtract line 3b from line 3a. Include your payment with this form, if required, Lip
Caution. It you are going to make an electronic fund withdrawal with this Form 8888, see Form 8453-EO and Form 8879EO for payment Instructions. Form 8888 (Rev. 1.2012) LHA For Privacy Act and Paperwork Reduction Act Notice, see Instructions.
123841 01-04-12
Form 8888 (Rev. 1-2012) rne 2 • If you are filing for an Additional (Not Automatic) 3-Month Extension, complete only Pert II and check this box .............................. 10, LJ Note. Only complete Part II If you have already been granted an automatic 3-month extension on a previously filed Form 8868. • If you are filing for an Automatic 3-Month Extension, complete only Part I (on page 1).
I Pert §j Additional (Not Automatic) 3-Month Extension of Time Only file the original (no copies needed)
Type or print
File by th due data for filing your return. See insttucl)one,
Name of exempt organization or other flier, see instructions THE WORLD FOUNDATION, INC. Number, street, and room or suite no. if a P.O. box, see Instructions. 55 WEST 18TH STREET, 2ND FLOOR City, town or post office, state, and ZIP code. For a foreign address, see instructions. EW YORK, NY 10011 --
Employer identification number (EIN) or
I LX] 45-2652749
Social security number (SSN)
Enter the Return
for the return that this application Is for (file a separate application for each return) ................................................... I 0 I 1
STOPI Do not complete Part II If you were not already granted an automatic 3-month extension on a previously filed Form 8868, KIM AllARELLI • Thebooks areln the care of ' 555 WEST 18TH STREET, 2ND FLOOR - NEW YORK, NY 10011 Te!ephoneNo.' 212-336-2923 FAXNo.2l2336-29l7 • if the organization does not have an office or place of business in the United States, check this box ................................................ • if this Is for a Group Return, enter the organization's four digit Group Exemption Number (GEN) . If this Is for the whole group, check this NOVEMBER 15, 2012. 4 I request an additional 3-month extension of time until 5 For calendar year ______ ,or other tax year beginning JUN 14, 2011 , and ending DEC 31, 2011 6 If the tax year entered in line 5 is for less than 12 months, check reason: LX] Initial return ETFInal return Change In accounting period 7 State in detail why you need the extension INFORMATION NECESSARY TO FILE A COMPLETE AND ACCURATE RETURN IS NOT YET AVAILABLE Ba If this application is for Form 990-BL, 990-P F, 990T, 4720, or 6069, enter the tentative tax, less any See If this application is for Form 990•PF, 990-T, 4720, or 6089, enter any refundable credits and estimated tax payments made. include any prior year overpayment allowed as a credit and any amount paid 8868. Balance duo. Subtract line 8b from line Ba. Include your payment with this form, if required, by using ronic Federal Tax Payment System). See Instructions. Under pena it is true, co
I Sc I $
I
Form 8868 (Rev. 1.2012)
Signature and Verification must be completed for Part II only.
jury, I declare that I pave examined this form, including accompanying schedules and statements, and to the best of my knowledge and belief, complete, and thai Iniauthorlzed to prepare this form.
rA
_____
123842 01-06-12
Form 990 (2011)
I
Part Ill j Statement of Program Service Accomplishments
I
WOMEN IN THE WORLD FOUNDATION, INC.
45-2652749
Page2
Check if Schedule 0 contains a response to any question in this Part III Briefly describe the organization's mission:
EI1
SEE SCHEDULE 0
2
Did the organization undertake any significant program services during the year which were not listed on the prior Form 990 or 990•EZ? LIlYes No If 'Yes," describe these new services on Schedule 0. 3 Did the organization cease conducting, or make significant changes in how it conducts, any program services?LIIYes L1 No If 'Yes," describe these changes on Schedule 0. 4 Describe the organization's program service accomplishments for each of its three largest program services, as measured by expenses. Section 501 (c)(3) and 501 (c)(4) organizations and section 4947(a)(1) trusts are required to report the amount of grants and allocations to others, the total expenses, and revenue, if any, for each program service reported. 4a (Code: __________ ) (Expenses $ 410,652. including grants of $ 10,000. ) (Revenues
SEE SCHEDULE 0
4b
(Code: ___________ ) (Expenses $
including grants of $
) (Revenue $
4c
(Code: ___________ ) (Expenses $
including grants of $
) (Revenue $
4d Other program services (Describe in Schedule 0.)
(Expenses $ including grants of $ ) (Revenue $
4e Total program service ex p enses
02-09-12
410,652.
Form 990(2011)
SEE SCHEDULE 0 FOR CONTINUATION(S)
TION, INC.
Checklist
1 Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)? If "Yes," complete Schedule A 2 Is the organization required to complete Schedule B, Schedule of Contributors?
45-2652749
Paae3
Yes I No .I .2
X
X X X X
.3 4 Section 501(c)(3) organizations. Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year? If "Yes," complete Schedule C, Part II .4 5 Is the organization a section 501 (c)(4), 501 (c)(5), or 501 (c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19? If "Yes," complete Schedule C, Part III .5 6 Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts? If "Yes," complete Schedule D, Part I 7 Did the organization receive or hold a conservation easement, including easements to preserve open space, the environment, historic land areas, or historic structures? If "Yes," complete Schedule D, Part II 8 Did the organization maintain collections of works of art, historical treasures, or other similar assets? If "Yes," complete Schedule D, Part III 9 Did the organization report an amount in Part X, line 21; serve as a custodian for amounts not listed in Part X; or provide credit counseling, debt management, credit repair, or debt negotiation services? If "Yes," complete Schedule D, Part IV 10 Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments? If "Yes," complete Schedule D, Part V 11 If the organization's answer to any of the following questions is "Yes," then complete Schedule D, Parts VI, VII, VIII, IX, or X as applicable. a Did the organization report an amount for land, buildings, and equipment in Part X, line 10? If "Yes," complete Schedule D, Part VI b Did the organization report an amount for investments other securities in Part X, line 12 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VII c Did the organization report an amount for investments- program related in Part X, line 13 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VIII d Did the organization report an amount for other assets in Part X, line 15 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part IX e Did the organization report an amount for other liabilities in Part X, line 25? If "Yes," complete S chedule D, Part X f Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses the organization's liability for uncertain tax positions under FIN 48 (ASC 740)? If "Yes," complete Schedule D, Part X 12a Did the organization obtain separate, independent audited financial statements for the tax year? If "Yes," complete Schedule D, Parts XI, XII, and XIII b Was the organization included in consolidated, independent audited financial statements for the tax year? If "Yes," and if the organization answered "No" to line 12a, then completing Schedule D, Parts XI, XII, and XIII is optional 13 Is the organization a school described in section 1 70(b)(1 )(A)(ii)? If "Yes," complete Schedule E 14a Did the organization maintain an office, employees, or agents outside of the United States? b Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more? If "Yes," complete Schedule F, Parts I and IV 15 Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or assistance to any organization or entity located outside the United States? If "Yes," complete Schedule F, Parts II and IV 16 Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or assistance to individuals located outside the United States? If "Yes," complete Schedule F, Parts III and IV 17 Did the organization report a total of more than $15,000 of expenses for professional fundraising services on Part IX, column (A), lines 6 and lie? If "Yes," complete Schedule G, Part I 18 Did the organization report more than $15,000 total of fundraising event gross income and contributions on Part VIII, lines 1 c and 8a? If "Yes," complete Schedule G. Part II 19 Did the organization report more than $15,000 of gross income from gaming activities on Part VIII, line 9a? If "Yes," complete Schedule G, Part III 20a Did the organization operate one or more hospital facilities? If "Yes," complete Schedule H b If "Yes" to line 20a. did the oraanization attach a con y of its audited financial statements to this return? .19 .20a
9nh
3 Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office? If "Yes," complete Schedule C, Part I
6 .7 8 9 .10 ha .hib .lic .lid .lie .1 if 12a .12b .13
X X X X X
X
X X X X X
X X
X
x
x
X X
Form 990(2011)
132003 01-23-12
Part IV I Checklist of Required Schedules
21 Did the organization report more than $5,000 of grants and other assistance to any government or organization in the United States on Part IX, column (A), line 1? If "Yes," complete Schedule I, Parts land!!
-2652749
Paae4
Yes I No . 21 .22
X X
22 Did the organization report more than $5,000 of grants and other assistance to individuals in the United States on Part IX,
column (A), line 2? If "Yes," complete Schedule I, Parts land!!!
23 Did the organization answer "Yes" to Part VII, Section A, line 3, 4, or 5 about compensation of the organization's current
and former officers, directors, trustees, key employees, and highest compensated employees? If "Yes," complete Schedule
23
X
24a Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the
last day of the year, that was issued after December 31, 2002? If "Yes," answer lines 24b through 24d and complete Schedule K. If "No", go to line 25 b Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception? c Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease any tax-exempt bonds? d Did the organization act as an "on behalf of" issuer for bonds outstanding at any time during the year? 25a Section 501(c)(3) and 501(c)(4) organizations. Did the organization engage in an excess benefit transaction with a disqualified person during the year'? If "Yes," complete Schedule L, Part! b Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ? If "Yes," complete Schedule L, Part! 25b . 26
.24a
.24b .24c .24d
X
.25a
X
X
X
26 Was a loan to or by a current or former officer, director, trustee, key employee, highly compensated employee, or disqualified
person outstanding as of the end of the organization's tax year? If "Yes," complete Schedule L, Part!!
27 Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial
contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons? If "Yes," complete Schedule L, Part Ill . 27
X
28 Was the organization a party to a business transaction with one of the following parties (see Schedule L, Part IV
instructions for applicable filing thresholds, conditions, and exceptions): a A current or former officer, director, trustee, or key employee? If "Yes," complete Schedule L, Part IV b A family member of a current or former officer, director, trustee, or key employee? If "Yes," complete Schedule L, Part IV c An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner? If "Yes,' complete Schedule L, Part IV 29 Did the organization receive more than $25,000 in non-cash contributions? If "Yes," complete Schedule M 30 Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions? If "Yes," complete Schedule M 31 Did the organization liquidate, terminate, or dissolve and cease op erations? If "Yes," complete Schedule N, Part! 32 Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets?lf "Yes," complete Schedule N, Part II 33 Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3? If "Yes," complete Schedule R, Part! .28a 28b .28c
X X X
X
X
.29
.30
.31 32 .33 .34 .35a
.35b .36 .37
X
X X X X
34 Was the organization related to any tax-exempt or taxable entity?
If "Yes," complete Schedule A, Parts II, III, IV, and V, line 1 35a Did the organization have a controlled entity within the meaning of section 512(b)(13)? b Did the organization receive any payment from or engage in any transaction with a controlled entity within the meaning of section 512(b)(13)? If "Yes," complete Schedule R, Part V, line 2 36 Section 501(c)(3) organizations. Did the organization make any transfers to an exempt non-charitable related organization? If 'Yes,' complete Schedule R, Part V, line 2 37 Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes? If "Yes," complete Schedule A, Part VI 38 Did the organization complete Schedule 0 and provide explanations in Schedule 0 for Part VI, lines 11 and 19?
X X X
Form 990(2011)
132004 01-23-12
Form 990 (2011)
WOMEN IN THE WORLD FOUNDATION, INC.
Part V Statements Regarding Other IRS Filings and Tax Compliance
Check if Schedule 0 contains a response to any question in this Part V la Enter the number reported in Box 3 of Form 1096. Enter -0- if not applicable b Enter the number of Forms W-2G included in line 1a. Enter -0- if not applicable
45-2652749
Page
.Ia
6
.lb 0 c Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners? .................................................................................................................................. Ic 2a Enter the number of employees reported on Form W-3, Transmittal of Wage and Tax Statements, filed for the calendar year ending with or within the year covered by this return .2a 0 --
X
b If at least one is reported on line 2a, did the organization file all required federal employment tax returns? ** Note. If the sum of lines 1 a and 2a is greater than 250, you may be required to e-file (see instructions) 3a Did the organization have unrelated business gross income of $1,000 or more during the year? ..3a— b If 'Yes," has it filed a Form 990-T for this year? If "No," provide an explanation in Schedule 0 . 3b— 4a At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)? b If 'Yes,' enter the name of the foreign country: No. See instructions for filing requirements for Form TD F 90-22.1, Report of Foreign Bank and Financial Accounts. 5a Was the organization a party to a prohibited tax shelter transaction at any time during the tax year? b Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction? c If "Yes," to line 5a or 5b, did the organization file Form 8886-T? Ga Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible? b If "Yes," did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible? 7 Organizations that may receive deductible contributions under section 170(c). a Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor? 7a — X b If "Yes," did the organization notify the donor of the value of the goods or services provided? ..7b — c Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required tofile Form 8282? .............................................................................................................................................................— d If "Yes," indicate the number of Forms 8282 filed during the year .7d e Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract? .5a — X .5b — X .50 — .Ga — X 6b ..
x
—7e — X f Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ............................ 7f — g If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required? h If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C? 7h — 8 Sponsoring organizations maintaining donor advised funds and section 509(a)(3) supporting organizations. Did the supporting organization, or a donor advised fund maintained by a sponsoring organization, have excess business holdings at any time during the year? 9 Sponsoring organizations maintaining donor advised funds. a Did the organization make any taxable distributions under section 4966? b Did the organization make a distribution to a donor, donor advisor, or related person? 10 Section 501(c)(7) organizations. Enter: a Initiation fees and capital contributions included on Part VIII, line 12 b Gross receipts, included on Form 990, Part VIII, line 12, for public use of club facilities 11 Section 501(c)(12) organizations. Enter: a Gross income from members or shareholders b Gross income from other sources (Do not net amounts due or paid to o ther sources against .lOa lOb .1 la 8 —
.9a — .9b —
amounts due or received from them.) .lib 12a Section 4947(a)(1) non-exempt charitable trusts. Is the organization filing Form 990 in lieu of Form 1041? b If "Yes," enter the amount of tax-exempt interest received or accrued during the year .................. I 12b I 13 Section 501(c)(29) qualified nonprofit health insurance issuers. a Is the organization licensed to issue qualified health plans in more than one state? Note. See the instructions for additional information the organization must report on Schedule 0. b Enter the amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans c Enter the amount of reserves on hand .13b .13c
12a — — — .13a —
-
-
14a Did the organization receive any payments for indoor tanning services during the tax year? b If "Yes." has it filed a Form 720 to recort these navments? If "No." omvid an nxnlanatinn in ShcrJiiIa ()
.1! — _IL. 1h
Form 990(2011)
132005 01-23-12
Form 990 (2011)
Part VII Governance, Management, and Disclosure
Page 6 For each "Yes" response to lines 2 through 7b below, and fora "No" response to line 8a, 8b, or 1 O below, describe the circumstances, processes, or changes in Schedule 0. See instructions. Check if Schedule 0 contains a response to any question in this Part VI .......................................................................................
WOMEN IN THE WORLD FOUNDATION, INC.
45-2652749
Section A. Governing Body and Management la
Enter the number of voting members of the governing body at the end of the tax year If there are material differences in voting rights among members of the governing body, or if the governing body delegated broad authority to an executive committee or similar committee, explain in Schedule 0. .lb 2 Did any officer, director, trustee, or key employee have a family relationship or a business relationship with any other officer, director, trustee, or key employee? 3 Did the organization delegate control over management duties customarily performed by or under the direct supervision of officers, directors, or trustees, or key employees to a management company or other person? 4 Did the organization make any significant changes to its governing documents since the prior Form 990 was filed? 5 Did the organization become aware during the year of a significant diversion of the organization's assets? 6 Did the organization have members or stockholders? 7a Did the organization have members, stockholders, or other persons who had the power to elect or appoint one or more members of the governing body? b Are any governance decisions of the organization reserved to (or subject to approval by) members, stockholders, or persons other than the governing body? 8 Did the organization contemporaneously document the meetings held or written actions undertaken during the year by the following: a The governing body? b Each committee with authority to act on behalf of the governing body? 9 Is there any officer, director, trustee, or key employee listed in Part VII, Section A, who cannot be reached at the organization's mailing address? If Section B. Policies (This Section B / the Internal Revenui lOa Did the organization have local chapters, branches, or affiliates? b If 'Yes," did the organization have written policies and procedures governing the activities of such chapters, , affiliates and branches to ensure their operations are consistent with the organization's exempt purposes? 1 la Has the organization provided a complete copy of this Form 990 to all members of its governing body before filing the form? 11a b Describe in Schedule 0 the process, if any, used by the organization to review this Form 990. 12a Did the organization have a written conflict of interest policy? If "No," go to line 13 b Were officers, directors, or trustees, and key employees required to disclose annually interests that could give rise to conflicts? c Did the organization regularly and consistently monitor and enforce compliance with the policy? If "Yes," describe in Schedule 0 how this was done 13 Did the organization have a written whistleblower policy? 14 Did the organization have a written document retention and destruction policy? 15 Did the process for determining compensation of the following persons include a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision? a The organization's CEO, Executive Director, or top management official b Other officers or key employees of the organization If 'Yes" to line 15a or 15b, describe the process in Schedule 0 (see instructions). 16a Did the organization invest in, contribute assets to, or participate in a joint venture or similar arrangement with a taxable entity during the year? b If "Yes," did the organization follow a written policy or procedure requiring the organization to evaluate its participation in joint venture arrangements under applicable federal tax law, and take steps to safeguard the organization's .16a .15a .15b .lOa 10b 11a .12a .12b 12c .13 14 b Enter the number of voting members included in line 1 a, above, who are independent .la
LJ
X
X
-
X X X X X X X X
Section C. Disclosure
17 List the states with which a copy of this Form 990 is required to be filed
00,NY
18 Section 6104 requires an organization to make its Forms 1023 (or 1024 if applicable), 990, and 990-T (Section 501 (c)(3)s only) available for public inspection. Indicate how you made these available. Check all that apply. Own website i:i Another's website Upon request
LI
Eil
19 Describe in Schedule 0 whether (and if so, how), the organization made its governing documents, conflict of interest policy, and financial statements available to the public during the tax year. 20 State the name, physical address, and telephone number of the person who possesses the books and records of the organization:
KIM AZZARELLI - 212-524-8896 555 WEST 18TH STREET, 2ND FLOOR, NEW YORK, NY 10011 132000
01-23-12
Form 990 (2011)
Form 990 (2011)
WOMEN IN THE WORLD FOUNDATION, INC.
45-2652749
Page
[!art VIII Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
Check if Schedule 0 contains a response to any question in this Part VII Section A. Officers, Directors, Trustees, Ke y Employees, and Highest Compensated Employees
LJ
la
Complete this table for all persons required to be listed. Report compensation for the calendar year ending with or within the organization's tax year.
• List all of the organization's current officers, directors, trustees (whether individuals or organizations), regardless of amount of compensation. Enter -0- in columns (D), (E), and (F) if no compensation was paid. • List all of the organization's current key employees, if any. See instructions for definition of "key employee." • List the organizations five current highest compensated employees (other than an officer, director, trustee, or key employee) who received reportable compensation (Box 5 of Form W-2 and/or Box 7 of Form 1099-MISC) of more than $100,000 from the organization and any related organizations. • List all of the organization's former officers, key employees, and highest compensated employees who received more than $100,000 of reportable compensation from the organization and any related organizations. • List all of the organization's former directors or trustees that received, in the capacity as a former director or trustee of the organization, more than $10,000 of reportable compensation from the organization and any related organizations. List persons in the following order: individual trustees or directors; institutional trustees; officers; key employees; highest compensated employees; and former such persons. nor any related organization compensa (A) Name and Title (B) (C) Position Average (do not check more than one hours per box, unless person Is both an officer and adfrector/trustee) week (describe hours for related organizations g. in Schedule . E 0) - = (D) Reportable compensation from the organization (W-2/1 099-MISC) ,ctor, or trustee. (E) Reportable compensation from related organizations (W.2/1 099-MISC) (F) Estimated amount of other compensation from the organization and related organizations
(1) TINA BROWN
2.00 X
(2) KIM AZZARELLI
10.00 x
(3) RANDY L. SHAPIRO (4) STEPHEN COLVIN
x
DIIl•F
[IP
132007 01-23-12
Form 990 (2011)
[:]
Part
(A) Name and title (B) Average hours per week (describe hours for related in Schedule 0) (C) Position
(do not check more than one box, unless person is both an officer and a director/trustee)
(D) Reportable compensation from the organization (W-2/1 099-MISC)
(E) Reportable compensation from related organizations (W-2/1 099-MISC)
(F) Estimated amount of other compensation from the organization and related organizations
C
A
.
1
12
lb Sub-total ...............................................................................................
c Total from continuation sheets to Part VII, Section A
0. 0. d Total (add lines lb and Ic) ................................................................... 0.
0. 0. 0.
-
LP imp
2 Total number of individuals (including but not limited to those listed above) who received more than $100,000 of reportable Yes No 3 Did the organization list any former officer, director, or trustee, key employee, or highest compensated employee on line 1 a? If "Yes," complete Schedule J for such individual 4 For any individual listed on line 1 a, is the sum of reportable compensation compensation from the and organization other and related organizations greater than $150,000? If "Yes," complete Schedule J for such individual 5 Did any person listed on line 1 a receive or accrue compensation from any unrelated organization or individual for services rendered to the organization? If 'Yes," com plete Schedule Jfor such person Section B. Independent Contractors the organization. Re port com pensation for the calendar year endin g with or within the organization's tax year. (A) (B) Name and business address Description of services
._L -
ii....
-4 - X - 5 - .2_.
1 Complete this table for your five highest compensated independent contractors that received more than $100,000 of compensation from (C) Compensation
2 Total number of independent contractors (including but not limited to those listed above) who received more than $100.000 of comoensation from the oraanization 0 Form 990(2011)
132008 01-23-12
Statement of Revenue
WOMEN I
(A) Total revenue (B) Related or exempt function revenue (C) Unrelated business revenue (D) Revenue excluded from tax under sections 512, 513, or514
I
1 a Federated campaigns b Membership dues c Fundraising events d Related organizations e Government grants (contributions) f All other contributions, gifts, grants, and similar amounts not included above 9 Noncash contributions included in lines la-if: $
2a b
wc c
C> w o
0.
d e f AJl other program service revenue q Total. Add lines 2a-2f 3 4 5 Investment income (including dividends, interest, and other similar amounts) Income from investment of tax-exempt bond proceeds (ii) Personal
-
Royalties ..................................................... (I) Real 6 a Gross rents b Less: rental expenses c Rental income or (loss) d Net rental income or (loss) 7 a Gross amount from sales of .......................... (i) Securities
(ii) Other
assets other than inventory b Less: cost or other basis and sales expenses c Gain or (loss) d Net gain or (loss) ......................................................... 8 a Gross income from fundraising events (not including $ of contributions reported on line ic). See
Cr
Part IV, line 18a b Net income or (loss) from fundraising events ............... c Gross income from gaming activities. See 9a Part IV, line 19 a b Less: direct expensesb c Net income or (loss) from gaming activities .................. 10 a Gross sales of inventory, less returns and allowances a b Less: cost of goods soldb c Net income or (loss) from sales of invento ry . Miscellaneous Revenue 11 a b
C
o
b Less: direct expenses
Business Cod
d All other revenue e Total. Add lines ha-lid
379.
132009 01-23-12
Form 990(2011)
Form 990 (2011) WOMEN IN THE WORLD Part IX I Statement of Functional Expenses
FOUNDATION, INC.
45-2652749
PagelO
Section 501(c) (3) and 50 1(c)(4) organizations must complete all columns. All other organizations must complete column (A) but are not required to complete columns (B), (C), and (D). Check if Schedule 0 contains a response to any question in this Part IX I (B) (A) Do not include amounts reported on lines 6b, Total expenses Program service 7b, Bb, 9b, and lOb of Part VIII. I 1 Grants and other assistance to governments and organizations in the United States. See Part IV, line 21 2 Grants and other assistance to individuals in the United States. See Part IV, line 22 3 Grants and other assistance to governments, organizations, and individuals outside the United States. See Part IV, lines 15 and 16 4 Benefits paid to or for members 5 Compensation of current officers, directors, trustees, and key employees 6 Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) 7 Other salaries and wages 8 Pension plan accruals and contributions
(include section 401(k) and section 403(b) employer contributions)
I
anrot vrusno I
I (C) Management and I
( Fundraising
9 Other employee benefits 10 Payroll taxes 11 Fees for services (non-employees): a Management b Legal c Accounting d Lobbying e Professional fundraising services. See Part IV, line 17 f Investment management fees g Other 12 Advertising and promotion 13 Office expenses 14 Information technology 15 Royalties 16 Occupancy 17 Travel ......................................................... 18 Payments of travel or entertainment expenses for any federal, state, or local public officials 19 Conferences, conventions, and meetings 20 Interest 21 Payments to affiliates 22 Depreciation, depletion, and amortization 23 Insurance 24 Other expenses. Itemize expenses not covered above. (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule 0.) ...... a LAUNCH EVENT b
C
ci
...................................................
15,000.
-
15,000.
145,708. 660. 85.491.
92
•
20,116. 660.
79
168 .048.
e AN other expenses 26 Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation.
Check here 132010 01-23-12
b.
Fi
If inIInnn
P OR (A(
Form 990(2011)
11 Part
(A) Beginning of year . 1 Cash - non-interest-bearing 2 Savings and temporary cash investments 3 Pledges and grants receivable, net 4 Accounts receivable, net 5 Receivables from current and former officers, directors, trustees, key employees, and highest compensated employees. Complete Part II of Schedule L 6 Receivables from other disqualified persons (as defined under section 4958(f)(1)), persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501 (c)(9) voluntary employees' beneficiary organizations (see instructions) ............................. 7 Notes and loans receivable, net 0 C0 0 8 Inventories for sale or use 9 Prepaid expenses and deferred charges lOa Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D -lOa b Less: accumulated depreciation -lOb 11 Investments - publicly traded securities 12 Investments - other securities. See Part IV, line 11 13 Investments - program-related. See Part IV, line 11 14 Intangible assets 15 Other assets. See Part IV, line 11 1 7 17 Accounts payable and accrued expenses 18 Grants payable 19 Deferred revenue 20 Tax-exempt bond liabilities (0 21 Escrow or custodial account liability. Complete Part IV of Schedule D 0 422 Payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified persons. Complete Part II CO -J of Schedule L 23 Secured mortgages and notes payable to unrelated third parties 24 Unsecured notes and loans payable to unrelated third parties 25 Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17-24). Complete Part X of Schedule D Organizations that follow SFAS 117, check here LXJ and complete lines 27 through 29, and lines 33 and 34. ............. 27 Unrestricted net assets 28 Temporarily restricted net assets ............. 29 Permanently restricted net assets Organizations that do not follow SFAS 117, check here 00 , Eland complete lines 30 through 34. 30 Capital stock or trust principal, or current funds 31 Paid-in or capital surplus, or land, building, or equipment fund 32 Retained earnings, endowment, accumulated income, or other funds 33 Total net assets or fund balances
-
(B) End of year
lOc 11 12 13 14 0. 15 0. 16
12,896. 898,276. 257.908.
22 23 24
25
0. 26
U) 0 0
CO
Cu C U. C., 0) Cl) (0
27 28 29
4-
Z
40
30 31 32
Form 990 (2011)
132011 01-23-12
Form 990 (2011)
WOMEN IN THE WORLD FOUNDATION, INC.
45-2652749
Page 12
Part X11 Reconciliation of Net Assets
Check if Schedule 0 contains a response to any question in this Part XI I Total revenue (must equal Part VIII, column (A), line 12)
I
1,177,2
2 Total expenses (must equal Part IX, column (A), line 25) 3 Revenue less expenses. Subtract line 2 from line 1 4 Net assets or fund balances at beginning of year (must equal Part X, line 33, column (A)) 5 Other changes in net assets or fund balances (explain in Schedule 0) 6 Net assets or fund balances at end of year. Combine lines 3, 4, and 5 (must equal Part X, line 33, column (B))
Part XIII Financial Statements and Reporting
Check if Schedule 0 contains a resoonse to an y Question in this Part XI 1 Accounting method used to prepare the Form 990: Cash
.............................................
Other .2a .2b .2c
Ej
No
tI1 Accrual El
If the organization changed its method of accounting from a prior year or checked 'Other,' explain in Schedule 0.
2a Were the organization's financial statements compiled or reviewed by an independent accountant?
X X X
b Were the organization's financial statements audited by an independent accountant? c If 'Yes' to line 2a or 2b, does the organization have a committee that assumes responsibility for oversight of the audit, review, or compilation of its financial statements and selection of an independent accountant? If the organization changed either its oversight process or selection process during the tax year, explain in Schedule 0. d If "Yes to line 2a or 2b, check a box below to indicate whether the financial statements for the year were issued on a separate basis, consolidated basis, or both: Both consolidated and separate basis Separate basis Consolidated basis 3a As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the Single Audit Act and OMB Circular A-133? b If Yes,' did the organization undergo the required audit or audits? If the organization did not undergo the required audit
L1
E7
3a
X
Form 990 (2011)
132012 01-23-12
SCHEDULE A
(Form 990 or 990-EZ)
Department of the Treasury Internal Revenue Service
OMB No. 1545-0047
Public Charity Status and Public Support
Complete if the organization is a section 501(c)(3) organization or a section 4947(a)(1) nonexempt charitable trust. Attach to Form 990 or Form 990-EZ. See separate instructions.
2011
Open to Public Inspection Employer identification number 1zIQ
Name of the organization
(All organizations must complete this part.) See instructions. The organization is not a private foundation because it is: (For lines 1 through 11, check only one box.) I 2 4 5 6 7 8 9
LI LI LIII] LI LI LI LI LI
LII
A church, convention of churches, or association of churches described in section 170(b)(1)(A)(i). A school described in section 170(b)(1)(A)(ii). (Attach Schedule E.) A hospital or a cooperative hospital service organization described in section 170(b)(1)(A)(iii). A medical research organization operated in conjunction with a hospital described in section 170(b)(1)(A)(iii). Enter the hospital's name, city, and state: An organization operated for the benefit of a college or university owned or operated by a governmental unit described in section 170(b)(1)(A)(iv). (Complete Part II.) A federal, state, or local government or governmental unit described in section 170(b)(1)(A)(v). An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi). (Complete Part II.) A community trust described in section 170(b)(1)(A)(vi). (Complete Part II.) An organization that normally receives: (1) more than 33 1/3% of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions . subject to certain exceptions, and (2) no more than 33 1/3% of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975. See section 509(a)(2). (Complete Part Ill.) An organization organized and operated exclusively to test for public safety. See section 509(a)(4). An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2). See section 509(a)(3). Check the box that describes the type of supporting organization and complete lines lie through 11 h. Type I Type II b c E] Type Ill- Functionally integrated
10 ii
LI
e f g
LI
a
d LI] Type Ill . Other By checking this box, I certify that the organization is not controlled directly or indirectly by one or more disqualified persons other than
LI
LI
foundation managers and other than one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2). If the organization received a written determination from the IRS that it is a Type I, Type II, or Type Ill supporting organization, check this box Since August 17, 2006, has the organization accepted any gift or contribution from any of the following persons? (i) A person who directly or indirectly controls, either alone or together with persons described in (ii) and (iii) below, the governing body of the supported organization?
LI
Yes No .ugh) .llg(ii) .llg(iii)
(ii) A family member of a person described in (i) above? (iii) A35% controlled entity of a person described in (i) or (ii) above? Provide the following information about the supported organization (s). (i) Name of supported organization (ii) EIN (vi) Is the organization (v) Did you notify the I kiv Is the n col. (i) listed in yourl organization in cot. organization (i) organizedin incot. the (described on lines 1-9 governing document? (,) of your support? U.S.? I above or IRC section I (see instructions)) I Yes I No Yes I No I Yes I No (iii) Type of organization
(vii) Amount of support
LHA For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
132021 01-24-12
Schedule A (Form 990 or 990-EZ) 2011
Schedule A (Form 9900r99O-EZ)2011
WOMEN IN THE WORLD FOUNDATION, INC.
45-2652749
Page 2
Part Ill Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi)
(Complete only if you checked the box on line 5, 7, of Part I or if the organization failed to qualify under Part Ill. If the organization fails to qualify under the tests listed below, please complete Part Ill.)
or
Section A. Public Suoort
Calendar year (or fiscal year beginning in) I Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") 2 Tax revenues levied for the organization's benefit and either paid to or expended on its behalf 3 The value of services or facilities furnished by a governmental unit to the organization without charge 4 Total. Add lines 1 through 3 5 The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f)
1176857.1 1176857.
Section B. Total Support
Calendar year (or fiscal year beginning in) 7 Amounts from line 4 8 Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources 9 Net income from unrelated business activities, whether or not the business is regularly carried on 10 Other income. Do not include gain or loss from the sale of capital assets (Explain in Part IV.)______________________________________________________ 11 Total support. Add lines 7 through 10 12 Gross receipts from related activities, etc. (see instructions) ____________ .12 I 13 First five years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501 (c)(3)
ectuon c. Lomputatuon 0? I-'ubluc Support Percentage
14 Public support percentage for 2011 (line 6, column (f) divided by line 11, column (f)) 15 Public support percentage from 2010 Schedule A, Part II, line 14 ..................................14 % % .15 16a 33 1/3% support test - 2011. If the organization did not check the box on line 13, and line 14 is 33 1/3% or more, check this box and stop here. The Organization qualifies as a publicly supported organization b 33 1/3% support test - 2010. If the organization did not check a box on line 13 or 16a, and line 15 is 33 1/3% or more, check this box and stop here. The organization qualifies as a publicly supported organization and if the organization meets the "facts-and-circumstances" test, check this box and stop here. Explain in Part IV how the organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly supported organization /6 or b 10% -facts-and-circumstances test -2010. If the organization did not check a box on line 13, 16a, 16b, or 17a, and line 15 is 100 more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here. Explain in Part IV how the organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly supported organization 18 Private foundation. If the organization did not check a box on line 13, 16a, 16b, 17a, or 17b, check this box and see instructions Schedule A (Form 990 or 990-EZ) 2011 ... 17a 10% -facts-and-circumstances test - 2011. If the organization did not check a box on line 13, 16a, or 16b, and line 14 is 10% or more,
132022 01-24-12
Schedule A (Form 990 or 990-EZ) 2011
Page 3
Part Ill I Support Schedule for Organizations Described in Section 509(a)(2)
(Complete only if you checked the box on line 9 of Part I or if the organization failed to qualify under Part II. If the organization fails to qualify under the tests listed below, please complete Part II.)
Section A. Public Support
Calendar year (or fiscal year beginning in) I Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.') 2 Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose 3 Gross receipts from activities that are not an unrelated trade or business under section 513 4 Tax revenues levied for the organization's benefit and either paid to or expended on its behalf 5 The value of services or facilities furnished by a governmental unit to the organization without charge ... 6 Total. Add lines 1 through 5 ......... 7a Amounts included on lines 1, 2, and 3 received from disqualified persons b Amounts included on lines 2 and 3 received
from other than disqualified persons that exceed the greater of $5,000 or 1% of the . amount on line 13 for the year
(a) 2007
(b) 2008
c Add lines 7a and 7b
Section B. Total
(c)2009 (d)2010 (e)2011 Calendar year (or fiscal year beginningin)- (a)2007 (b)2008 9 Amounts from line 6 lOa Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources b Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 cAdd lines 1 O and 1 O 11 Net income from unrelated business activities not included in line lOb, whether or not the business is . regularly carried on 12 Other income. Do not include gain or loss from the sale of capital assets (Explain in Part IV) 13 Total support (Add lines 9, bc, 11, and 12.) 14 First five years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501 (c)(3) organization, check this box and stop here ....................................................................
Section C. Computation of Public Support Percentage
15 Public support percentage for 2011 (line 8, column (f) divided by line 13, column (f))
Section D. Com putation of Investment Income
% .17 17 Investment income percentage for 2011 (line 10c, column (f) divided byline 13, column (f)) % ................. 18 I 18 Investment income percentage from 2010 Schedule A, Part Ill, line 17 19a 33 1/3% support tests - 2011. If the organization did not check the box on line 14, and line 15 is more than 331/3%, and line 17 is not ................. more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization b 33 1/3% support tests - 2010. If the organization did not check a box on line 14 or line 19a, and line 16 is more than 33 1/3%, and line 18 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization 20 Private foundation. If the organization did not check a box online 14,19a, or 19b, check this box and see instructions Schedule A (Form 990 or 990-EZ) 2011 132023 01-24-12
Schedule A (Form g9Oor ggO.EZ)2011
Part IV Supplemental Information.
45-2652749 Page 4 Complete this part to provide the explanations required by Part II, line 10; Part II, line 17a or 17b; and Part Ill, line 12. Also complete this part for any additional information. (See instructions).
WOMEN IN THE WORLD FOUNDATION, INC.
PART II, COLUMN E
THE ORGANIZATION WAS FORMED ON JUNE 14, 2011. A SHORT YEAR RETURN WAS FILED IN 2011 FROM THE DATE OF INCORPORATION TO THE ORGANIZATION'S YEAR-END, DECEMBER 31, 2011.
132024 01-24-12
Schedule A (Form 990 or 990-EZ) 2011
SCHEDULE C
(Form 990 or 990-EZ)
Department of the Treasury Internal Revenue Service
Political Campaign and Lobbying Activities
For Organizations Exempt From Income Tax Under section 501(c) and section 527 Complete if the organization is described below.
OMB No. 1545-0047
2011
Open to Public Inspection
0, Attach to Form 990 or Form 990-EZ.
If the organization answered "Yes" to Form 990, Part IV, line 3, or Form 990-EZ, Part V, line 46 (Political Campaign Activities), then • Section 501 (c)(3) organizations: Complete Parts I-A and B. Do not complete Part I-C. • Section 501(c) (other than section 501 (c)(3)) organizations: Complete Parts I-A and C below. Do not complete Part I•B. • Section 527 organizations: Complete Part I-A only. If the organization answered "Yes" to Form 990, Part IV, line 4, or Form 990-EZ, Part VI, line 47 (Lobbying Activities), then • Section 501 (c)(3) organizations that have filed Form 5768 (election under section 501(h)): Complete Part II-A. Do not complete Part Il-B. • Section 501 (c)(3) organizations that have NOT filed Form 5768 (election under section 501(h)): Complete Part II-B. Do not complete Part II-A. If the organization answered "Yes" to Form 990, Part IV, line 5 (Proxy Tax), or Form 990-EZ, Part V, line 35c (Proxy Tax), then Name of organization Employer identification number
WOMEN IN THE WORLD FOUNDATION, INC.
1 Provide a description of the organization's direct and indirect political campaign activities in Part IV. 2 Political expenditures 3 Volunteer hours
1
45-2652749
Part I-Al Complete if the organization is exempt under section 501(c) or is a section 527 organization.
$
I Part I-B I Complete if the organization is exempt under section 501(c)(3).
1 Enter the amount of any excise tax incurred by the organization under section 4955 2 Enter the amount of any excise tax incurred by organization managers under section 4955$ 3 If the organization incurred a section 4955 tax, did it file Form 4720 for this year? 4a Was a correction made? b If "Yes," describe in Part IV. . Yes Yes
LI
LII No
LI
No
JPart1-cj Complete if the organization is exempt under section 501(c), except section 501(c)(3).
1 Enter the amount directly expended by the filing organization for section 527 exempt function activities 2 Enter the amount of the filing organization's funds contributed to other organizations for section 527 exempt function activities Total exempt function expenditures. Add lines 1 and 2. Enter here and on Form 11 20-POL, ..... line 17b .......................... 4 Did the filing organization file Form I 120-POL for this year? Yes No 5 Enter the names, addresses and employer identification number (EIN) of all section 527 political organizations to which the filing organization made payments. For each organization listed, enter the amount paid from the filing organization's funds. Also enter the amount of political contributions received that were promptly and directly delivered to a separate political organization, such as a separate segregated fund or a political action committee (PAC). If additional space is needed, provide information in Part IV. $ $
LI
LI
(a) Name
(b) Address
(c) EIN
(d) Amount paid from (e) Amount of political contributions received and filing organization's promptly and directly funds. If none, enter -0-. delivered to a separate political organization. If none, enter .0..
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ. LHA
132041 01-27-12
Schedule C (Form 990 or 990-EZ) 2011
I
Part Il-A I Complete if the organization is exempt under section 501(c)(3) and Tiled Form 5768 (election under section 501(h)).
if the filing organization belongs to an affiliated group (and list in Part IV each affiliated group member's name, address, EIN, expenses, and share of excess lobbying expenditures).
1. .T .
A Check 11
S 4I-.
..1 1-.-.... A -.-..-1 •11;....:i-.-1 --- 4....Ifl
Limits on Lobbying Expenditures (The term "expenditures" means amounts paid or incurred.) 1 a Total lobbying expenditures to influence public opinion (grass roots lobbying) b Total lobbying expenditures to influence a legislative body (direct lobbying) c Total lobbying expenditures (add lines 1 a and 1 b) d Other exempt purpose expenditures e Total exempt purpose expenditures (add lines ic and Id) f .......
(a) Filing organization's totals
(b) Affiliated group totals
536
g Grassroots nontaxable amount (enter 25% of line if) h Subtract line 1 g from line 1 a. If zero or less, enter -0- I Subtract line if from line 1c. If zero or less, enter -0- reporting section 4911 tax for this year?
. b , i i
-------------------------------0 .....0
No
If there is an amount other than zero on either line 1h or line ii, did the organization file Form 4720 ...................................................................................................................Yes 4-Year Averaging Period Under Section 501(h) (Some organizations that made a section 501(h) election do not have to complete all of the five columns below. See the instructions for lines 2a through 2f on page 4.) Lobbying Expenditures During 4-Year Averaging Period Calendar year (or fiscal year beginning in) (a) 2008
I
(b) 2009
I
(c) 2010
(d) 2011
I
(e) Total
b Lobbying ceiling amount (150% of line 2a. column res d Grassroots nontaxable am e Grassroots ceiling amount (150% of line 2d, column ( res Schedule C (Form 990 or 990-EZ) 2011
132042 01-27-12
exempt (election under section 501(h)).
For each "Yes" response to lines la through ii below, provide in Part IV a detailed description of the lobbying activity. During the year, did the filing organization attempt to influence foreign, national, state or local legislation, including any attempt to influence public opinion on a legislative matter or referendum, through the use of: aVolunteers? c Media advertisements? d Mailings to members, legislators, or the public? e Publications, or published or broadcast statements? ......................________ f Grants to other organizations for lobbying purposes? g Direct contact with legislators, their staffs, government officials, or a legislative body? h Rallies, demonstrations, seminars, conventions, speeches, lectures, or any similar means? j Other activities? Total. Add lines 1 c through ii 2a Did the activities in line 1 cause the organization to be not described in section 501(c)(3)? b If "Yes," enter the amount of any tax incurred under section 4912 c If "Yes," enter the amount of any tax incurred by organization managers under section 4912 d If the filing organization incurred a section 4912 tax, did it file Form 4720 for this year? .................. .________ ................................................................................................________ ________ b Paid staff or management (include compensation in expenses reported on lines 1 through ii)?
I
(a) Yes I No
I
(b) Amount
Part Ill-A I Complete if the organization is exempt under section 501(c)(4), section 501(c)(5), or section 501(c)(6).
I
1 2 Were substantially all (90% or more) dues received nondeductible by members? ................................................... Did the organization make only in-house lobbying expenditures of $2,000 or less? ................................................
Yes
I
No
I_iLi
IPart Ill-B I Complete if the organization is exempt under section 501(c)(4), section 501(c)(5), or section 501(c)(6) and if either (a) BOTH Part Ill-A, lines 1 and 2, are answered "No" OR (b) Part Ill-A, line 3, is answered "Yes."
1 Dues, assessments and similar amounts from members 2 Section 162(e) nondeductible lobbying and political expenditures (do not include amounts of political expenses for which the section 527(f) tax was paid). a Current year b Carryover from last year ............................................................. .........................................................
................................................................................................................... cTotal 3 Aggregate amount reported in section 6033(e)(1)(A) notices of nondeductible section 162(e) dues 4 If notices were sent and the amount on line 2c exceeds the amount on line 3, what portion of the excess does the organization agree to carryover to the reasonable estimate of nondeductible lobbying and political ........................................................................... expenditure next year? 5 Taxable amount of lobbying and political expenditures (see instructions)
'art IV
I
Supplemental Information
Complete this part to provide the descriptions required for Part I-A, line 1; Part I-B, line 4; Part I-C, line 5; Part ll-A and Part Il-B, line 1. Also, complete this part for any additional information.
Schedule C (Form 990 or 990-EZ) 2011
132043 01-27-12
SCHEDULE D I
(Form 990)
Department of the Treasury Internal Revenue Service
Supplemental Financial Statements
Complete if the organization answered "Yes," to Form 990, Part IV, line 6,7,8,9, 10, ha, lib, hic, lid, lie, hf, 12a, or 12b. Attach to Form 990. See separate instructions.
I
I
Open to Public Inspection Employer identification number Lic—')gc97LIQ
2011
Name of the organization
ganizations Maintaining Donor Aaviseci Funds or
anization answered "Yes" to Form 990, Part IV, line 6.
or Accounts.
Complete if the
(a) Donor advised funds 1 Total number at end of year 2 Aggregate contributions to (during year) 3 Aggregate grants from (during year) 4 Aggregate value at end of year
(b) Funds and other accounts
5 Did the organization inform all donors and donor advisors in writing that the assets held in donor advised funds are the organization's property, subject to the organization's exclusive legal control? 6 Did the organization inform all grantees, donors, and donor advisors in writing that grant funds can be used only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring .Yes No
Conservation Easements.
Complete if the organization answered "Yes" to Form 990, Part IV, line 7.
Purpose(s) of conservation easements held by the organization (check all that apply). Preservation of an historically important land area EJ Preservation of land for public use (e.g., recreation or education) Protection of natural habitat Preservation of open space day of the tax year. Held at the End of the Tax Year a Total number of conservation easements b Total acreage restricted by conservation easements o Number of conservation easements on a certified historic structure included in (a) d Number of conservation easements included in (c) acquired after 8/17/06, and not on a historic structure listed year 4 Number of states where property subject to conservation easement is located 5 Does the organization have a written policy regarding the periodic monitoring, inspection, handling of violations, and enforcement of the conservation easements it holds? . Yes 6 Staff and volunteer hours devoted to monitoring, inspecting, and enforcing conservation easements during the year 7 Amount of expenses incurred in monitoring, inspecting, and enforcing conservation easements during the year 8 Does each conservation easement reported on line 2(d) above satisfy the requirements of section 1 70(h)(4)(B)(i) and section 170(h)(4)(B)(ii)? LIII Yes LII] No 9 In Part XIV, describe how the organization reports conservation easements in its revenue and expense statement, and balance sheet, and include, if applicable, the text of the footnote to the organization's financial statements that describes the organization's accounting for conservation easements. $ in the National RegisterI 2d I 3 Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during the tax
LII
Preservation of a certified historic structure
2 Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last
LIII No
I Part Ill] Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.
Complete if the organization answered "Yes" to Form 990, Part IV, line 8. ha If the organization elected, as permitted under SFAS 116(ASC 958), not to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide, in Part XIV, the text of the footnote to its financial statements that describes these items. b If the organization elected, as permitted under SFAS 116 (ASC 958), to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide the following amounts ..................................... 00. $ ....................... 11111. $ Assets included in Form 990, Part X (ii) 2 If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide a Revenues included in Form 990, Part VIII, line 1 b Assets included in Form 990, Part X the following amounts required to be reported under SFAS 116 (ASC 958) relating to these items: ............................ lo. $ ................................................ 1111 0. $ Schedule D (Form 990)2011 relating to these items: (i) Revenues included in Form 990, Part VIII, line 1
LHA For Paperwork Reduction Act Notice, see the Instructions for Form 990.
132051 01-23-12
Schedule D(Form 990) 2011
WOMEN IN THE WORLD FOUNDATION, INC.
45-2652749
Page2
Part Ill I Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets
(continued)
3 Using the organization's acquisition, accession, and other records, check any of the following that are a significant use of its collection items (check all that apply): Public exhibition Loan or exchange programs a d Scholarly research b El Other_______________________________________________________ e c El Preservation for future generations 4 Provide a description of the organization's collections and explain how they further the organization's exempt purpose in Part XIV. 5 During the year, did the organization solicit or receive donations of art, historical treasures, or other similar assets to be sold to raise funds rather than to be maintained as part of the organization's collection? ........................................Yes No I Part IV Escrow and Custodial Arrangements. Complete if the organization answered Yes' to Form 990, Part IV, line 9, or reported an amount on Form 990, Part X, line 21. la Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not included on Form 990, Part X?L:lYes b If Yes, explain the arrangement in Part XIV and complete the following table: c Beginning balance d Additions during the year e Distributions during the year f Ending balance 2a Did the organization include an amount on Form 990, Part X, line 21? No
Part V I Endowment Funds. Complete if the organization answered Yes' to Form 990, Part IV, line 10.
1a Beginning of year balance b Contributions c Net investment earnings, gains, and losses d Grants or scholarships e Other expenditures for facilities and programs f Administrative expenses g End of year balance 2 Provide the estimated percentage of the current year end balance (line 1 g, column (a)) held as: a Board designated or quasi-endowment % b Permanent endowment % c Temporarily restricted endowment % The percentages in lines 2a, 2b, and 2c should equal 100%. 3a Are there endowment funds not in the possession of the organization that are held and administered for the organization by: (I) unrelated organizations (ii) related organizations b If Yes' to 3a(ii), are the related organizations listed as required on Schedule R?
Yes No
.3a(i) -3a(ii) -3b
Part VI I Land, Buildings, and
Description of property 1a Land b Buildings c Leasehold improvements ci Equipment
See Form 990, Part X, line 10. (a) Cost or other (b) Cost or other basis (investment) I basis (other)
(C)
I
Accumulated depreciation
(d) Book value
Schedule D (Form 990)2011
132052 01-23-12
ScheduleD (Form 990) 2011
WOMEN IN THE WORLD
FOUND)
Part VIII Investments - Other Securities.
(a) Description of security or category (including name of security) (1) Financial derivatives
See Form 990, Part X, line 12. () Book value (c) Method of valuation: Cost or end-of-year market value
(2) Closely-held equity interests (3) Other
otal. (Uol (b) must equal Form 990, Part X, cal (B) line 12.)
Part VIII I Investments - Program Related.
(a) Description of investment type (b) Book value
13. (c) Method of valuation: Cost or end-of-year market value
Part IX I Other Assets.
otal. (Cal (b) must e q ual Form 990, Part X, cal (B) line 13.) OP, I See Form 990, Part X, line 15. (a) Description
Book value
otal. (Column (b) must equal Form 990, Part X, col (B) line 15.) -
Part X I Other Liabilities. See Form 990, Part X, line 25.
1.
(a) Description of liability
Book value
(1) Federal income taxes
Schedule (Form
990) 2011
Part XI I Reconciliation of
to
45-2652749 Page4
tatements
1 Total revenue (Form 990, Part VIII, column (A), line 12) 2 Total expenses (Form 990, Part IX, column (A), line 25) 3 Excess or (deficit) for the year. Subtract line 2 from line 1 4 Net unrealized gains (losses) on investments 5 Donated services and use of facilities 6 Investment expenses 7 Prior period adjustments 8 Other (Describe in Part XIV.) 9 Total adjustments (net). Add lines 4 through 8
Part XII I Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
I Total revenue, gains, and other support per audited financial statements 2 Amounts included on line 1 but not on Form 990, Part VIII, line 12: a Net unrealized gains on investments b Donated services and use of facilities c Recoveries of prior year grants d Other (Describe in Part XIV.) e Add lines 2a through 2d ..................................................................... 3 Subtract line 2e from line 1 4 Amounts included on Form 990, Part VIII, line 12, but not on line 1: a Investment expenses not included on Form 990, Part VIII, line 7b b Other (Describe in Part XIV.) c Add lines 4a and 4b 236. 2c
of Expenses per Audited Financial Statements With Expenses per Return
1 Total expenses and losses per audited financial statements 2 Amounts included on line 1 but not on Form 990, Part IX, line 25: a Donated services and use of facilities b Prior year adjustments c Other losses d Other (Describe in Part XIV.) 2a .2b
2c ...............................................................................2d
eAdd lines 2a through 2d ................................................................................................................... 3 Subtract line 2e from line 1 4 Amounts included on Form 990, Part IX, line 25, but not on line 1: a Investment expenses not included on Form 990, Part VIII, line 7b b Other (Describe in Part XIV.) c Add lines 4a and 4b .4a .4b
Part XIVI Supplemental Information
Complete this part to provide the descriptions required for Part II, lines 3, 5, and 9; Part Ill, lines 1 a and 4; Part IV, lines lb and 2b; Part V, line 4; Part X, line 2; Part XI, line 8; Part XII, lines 2d and 4b; and Part XIII, lines 2d and 4b. Also complete this part to provide any additional information.
PART X, LINE 2: THE ORGANIZATION RECOGNIZES THE EFFECT OF TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION HAS NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE ORGANIZATION IS SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS SINCE INCEPTION.
Schedule (Form 990) 2011
132054 01-23-12
SCHEDULE I (Form 990)
OMB No. 1545-0047
Grants and Other Assistance to Organizations, Governments, and Individuals in the United States
Department of the Treasury Internal Revenue Service
Complete if the organization answered "Yes" to Form 990, Part IV, line 21 or 22. Attach to Form 990.
Open to Public Inspection Employer identification number
Name of the organization
TI
General Information on Grants and Assistance criteria used to award the grants or assistance?
At_')ZI')7AQ
1 Does the organization maintain records to substantiate the amount of the grants or assistance, the grantees' eligibility for the grants or assistance, and the selection . Yes 2 Describe in Part IV the organization's procedures for monitoring the use of grant funds in the United States. Part II 1 Grants and Other Assistance to Governments and Organizations in the United States. Complete if the organization answered 'Yes' to Form 990, Part IV, line 21, for any 1(a) Name and address of organization or government recipient that received more than $5,000. Check this box if no one recipient received more than $5,000. Part II can be duplicated if additional space is needed (f (g) Description of (c) IRC section (d) Amount of (e) Amount of (b) EIN ) valuation °k if applicable cash grant non-cash FMV appraisal,non-cash assistance assistance other)
.
LI
No
LI
(h) Purpose of grant or assistance
FUND FOR THE CITY OF NEW YORK, INC. - 121 AVENUE OF THE AMERICAS,
'PU
Trn -
MW VCPW ?1V
I flfll
2 Enter total number of section 501 (c)(3) and government organizations listed in the line 1 table 00. 3 Enter total number of other organizations listed in the line 1 table ---------------------------- -------------------------------------------------------------------------------------------------------------------------Schedule I (Form 990) (2011) LHA For Paperwork Reduction Act Notice, see the Instructions for Form 990.
132101 01-27-12
1.
45-265274
Grants and Other Assistance to Individuals in the United States. Complete if the organization answered "Yes to Form 990, Part IV, line 22. Part Ill can be duplicated if additional space is needed. (a) Type of grant or assistance (b) Number of recipients (c) Amount of (d) Amount of non- I (e) Method of valuation cash assistance I (book, FMV, appraisal, other) cash grant (f) Description of non-cash assistance
this cart to orovide the information reauired in Part I. line 2. and
SCHEDULE I, PART I, LINE 2: THE FOUNDATION REQUESTS AND KEEPS ON FILE WRITTEN REPORTS FROM ALL GRANTEES THAT RECEIVE $25,000 OR MORE IN FUNDING. THE REPORT INCLUDES A DESCRIPTION OF PROGRAMMATIC ACTIVITIES AND ACCOMPLISHMENTS, AS WELL AS A REPORT ON THE EXPENDITURE OF THE GRANT FUNDS.
132102 01-27-12
Schedule I (Form 990) (2011)
SCHEDULE 0
(Form 990 or 990-EZ)
Department of the Treasury
Supplemental Information to Form 990 or 990-EZ
Complete to provide information for responses to specific questions on Form 990 or 990-EZ or to provide any additional information. Attach to Form 990 or 990-EZ.
Open to Public Inspection Employer identification number
2011
Name of the organization
FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: WOMEN IN THE WORLD FOUNDATION IS A MOVEMENT DEDICATED TO ADVANCING WOMEN AND GIRLS THROUGH STORIES AND SOLUTIONS. THIS IS ACCOMPLISHED THROUGH SUPPORTING WOMEN OF IMPACT, COLLABORATIONS BETWEEN ORGANIZATIONS AND CONNECTING THE NEXT GENERATION OF WOMEN THROUGH LEADERSHIP AND HUMANITARIAN PROGRAMS.
FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: THE WOMEN IN THE WORLD FOUNDATION IS A POWERFUL, NEW INITIATIVE DEDICATED TO HIGHLIGHTING AND DRIVING SOLUTIONS FOR ADVANCING WOMEN AND GIRLS. BUILDING ON THE SUCCESS OF THE WOMEN IN THE WORLD SUMMITS AND HARNESSING THE JOURNALISTIC POWER OF NEWSWEEK & THE DAILY BEAST, THE FOUNDATION SERVES AS A RESOURCE TO ALL WHO SEEK TO LEARN ABOUT AND ENGAGE ON THE ISSUES FACING WOMEN AND GIRLS. THE FOUNDATION, IN ADDITION, CONVENES COURAGEOUS WOMEN OF IMPACT, PROVIDES STRATEGIC GRANTS TO SELECT NONPROFIT ORGANIZATIONS, AND FOSTERS MUCH-NEEDED COLLABORATION BETWEEN ORGANIZATIONS.
FORM 990, PART III, LINE 4A, PROGRAM SERVICE ACCOMPLISHMENTS: THE MOST SIGNIFICANT ACCOMPLISHMENTS OF THE FOUNDATION DURING ITS FIRST FEW MONTHS OF OPERATION ARE AS FOLLOWS:
ON SEPTEMBER -13, 2011, THE FOUNDATION HELD ITS FIRST CONVENING IN NEW YORK CITY. AT THIS EVENT, THERE WERE POWERFUL DISCUSSIONS ON TOPICS SUCH AS HONOR VIOLENCE, WOMEN AND THE ARAB SPRING, AND THE LIBERIAN PEACE MOVEMENT. THOSE IN ATTENDANCE LEARNED ABOUT THE FOUNDATION'S
LHA For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
132211 01-23-12
Schedule 0 (Form 990 or 990-EZ) (2011)
MISSION AND WHAT IT WOULD BE DOING TO SUPPORT NONPROFIT ORGANIZATIONS THAT ADVANCE WOMEN AND GIRLS.
THE FOUNDATION HAS LAUNCHED ITS WEBSITE WHICH SERVES AS A POWERFUL TOOL TO HIGHLIGHT THE STORIES OF COURAGEOUS WOMEN OF IMPACT AND BE A SOLUTIONS DESTINATION FOR THOSE THAT WANT TO GET INVOLVED.
THE FOUNDATION HAS MADE ONE IMPACT GRANT IN THE AMOUNT OF $10,000 TO SUPPORT THE WOMEN PEACE AND SECURITY NETWORK AFRICA AND THE CONTINUED WORK OF NOBEL PEACE PRIZE WINNER LEYMAH GBOWEE.
FORM 990, PART VI, SECTION A, LINE 6: THE FOUNDATION HAS ONE MEMBER, THE NEWSWEEK/DAILY BEAST LLC, WHICH IS REPRESENTED BY THEIR CHIEF EXECUTIVE OFFICER.
FORM 990, PART VI, SECTION A, LINE 7A: THE SOLE MEMBER ELECTS THE BOARD OF DIRECTORS AND HAS THE ABILITY TO REMOVE ANY OF THE BOARD OF DIRECTORS.
FORM 990, PART VI, SECTION B, LINE 11: THE FOUNDATION UTILIZES ITS AUDIT FIRM TO PREPARE THE FORM 990. ONCE IT IS COMPILED, IT IS REVIEWED BY THE PRESIDENT OF THE FOUNDATION. SUBSEQUENT TO THAT REVIEW IT IS ELECTRONICALLY SUBMITTED TO ALL BOARD MEMBERS FOR THEIR COMMENTS AND QUESTIONS PRIOR TO FILING. ANY ISSUES ARE RESOLVED BY THE PRESIDENT BEFORE THE FINAL FORM 990 IS FILED.
FORM 990, PART VI, SECTION B, LINE 12C: THE MEMBER'S REPRESENTATIVE AND EACH FOUNDATION DIRECTOR, OFFICER, AND MEMBER OF A COMMITTEE OF THE BOARD, MUST SIGN ANNUALLY A STATEMENT AFFIRMING THAT SUCH PERSON: (A) HAS RECEIVED
01-23-12
Schedule 0 (Form 990 or 990-EZ) (2011)
A COPY OF THE ORGANIZATION'S CONFLICT OF INTEREST AND DISCLOSURE POLICY, (B) HAS READ AND UNDERSTOOD THIS POLICY, AND (C) HAS AGREED TO COMPLY WITH THIS POLICY.
THE MEMBER'S REPRESENTATIVE AND EACH FOUNDATION DIRECTOR, OFFICER, AND MEMBER OF A COMMITTEE OF THE BOARD, ADDITIONALLY MUST COMPLETE AND SUBMIT TO THE SECRETARY A DISCLOSURE STATEMENT NAMING THE ENTITIES CONDUCTING BUSINESS WITH THE FOUNDATION IN WHICH HE, SHE, OR A FAMILY MEMBER IS A DIRECTOR, TRUSTEE, OFFICER, COMMITTEE MEMBER, OR EMPLOYEE OR HAS A MATERIAL FINANCIAL INTEREST. THE SECRETARY WILL REVIEW THE INFORMATION AND PERIODICALLY DISTRIBUTE REPORTS TO ALL DIRECTORS.
FORM 990, PART VI, SECTION B, LINE 15: FORM 990, PART VI, SECTION B, LINES A & B: COMPENSATION OF TOP MANAGEMENT AND KEY EMPLOYEES THE FOUNDATION DOES NOT HAVE POLICIES REGARDING COMPENSATION AS IT HAS NO EMPLOYEES, IF IT DID IT WOULD FOLLOW THE PROCEDURES AS SET BY THE IRS FOR ESTABLISHING REASONABLE COMPENSATION.
FORM 990, PART VI, SECTION C, LINE 19: FINANCIAL STATEMENTS ARE POSTED ON OUR WEBSITE AND ARE AVAILABLE BY REQUEST. THE FINANCIAL STATEMENTS ARE ALSO AVAILABLE THROUGH THE STATE ATTORNEY GENERAL OFFICES. ALL OTHER DOCUMENTS ARE AVAILABLE UPON WRITTEN REQUEST.
FORM 990, PART VII, SECTION A: THE FOLLOWING BOARD MEMBERS SPENT AVERAGE WEEKLY HOURS NOTED BELOW WORKING FOR THE ORGANIZATION'S RELATED PARTY, NEWSWEEK/DAILY BEAST COMPANY LLC ("NVlDB"):
132212 01-23-12
Schedule 0 (Form 990 or 990-EZ) (2011)
TINA BROWN, FOUNDER AND EDITOR-IN--CHIEF OF NWDB 38.0 KIM AZZARELLI, SENIOR VICE PRESIDENT OF NEW BUSINESS VENTURES 30. RANDY L. SHAPIRO, VICE PRESIDENT, GENERAL COUNSEL, AND SECRETARY
STEPHEN COLVIN, CHIEF EXECUTIVE OFFICER 39.0
132212 01-23-12
Schedule 0 (Form 990 or 990-EZ) (2011)
SCHEDULE R (Form 990)
Department of the Treasury Internal Revenue Service
Related Organizations and Unrelated Partnerships
Complete if the organization answered"Yes" to Form 990, Part IV, line 33, 34, 35,36, or 37.
Attach to Form 990.
See separate instructions.
tn to Public Employer identification number
2011
Name of the organization
IN THE WORLD FOUNDATIO
Partl Identification of Disregarded Entities (Complete if the organization answered "Yes to Form 990, Part IV, line 33.) (a) Name, address, and EIN of disregarded entity (b) Primary activity (c) Legal domicile (state or foreign country) (d) Total income (e) End-of-year assets
45-2652749
(1)
Direct controlling entity
Part 11
Identification of Related Tax-Exempt Organizations (Complete if the organization answered "Yes" to Form 990, Part IV, line 34 because it had one or more related tax-exempt -- - organizations during the tax year.) (a) Name, address, and EIN of related organization (b) Primary activity (c) Legal domicile (state or foreign country) (d) Exempt Code section (e) Public charity status (if section 501(c)(3)) (f) Direct controlling entity (g)
Section entity?
Yes I No
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
132161 01-23-12
Schedule R (Form 990) 2011
LHA
Schedule R(Form 990) 2011
WOMEN IN THE WORLD FOUNDATION, INC.
I I
(c) (b) Legal Primary activity I I domicile I (state or
45-2652749
I I
(g) Share of end-of-year assets
Page 2
Part Ill Identification of Related Organizations Taxable as a Partnership (Complete if the organization answered "Yes" to Form 990, Part IV, line 34 because it had one or more related - - - organizations treated as a partnership during the tax year.) (a) Name, address, and EIN of related organization
I
I
I
I
I (d) I (e) (f) Direct controlling I Predominant income I Share of total income I (related, unrelated , I entity derl Iexcuded from tax under I sections 512-514) I
I
I I
I
IDisproportion-
I (j) I (k) (i) General or Percentage Code V-IJBI managing ownership ate allocations? amount in box , a ? 20 of Schedule Pftfl I Kin M(Form 1065) pINnI
(h)
I I
I
Part - - IV
Identification of Related Organizations Taxable as a Corporation or Trust (Complete if the organization answered 'Yes" to Form 990, Part IV, line 34 because it had one or more related organizations treated as a corporation or trust during the tax year.) (a) Name, address, and EIN of related organization (b) Primary activity (c)
Legal domicile (state or
foreign country)
(d) Direct controlling entity
(e) Type of entity (C corp, S corp, or trust)
(f) Share of total income
(g) Share of end-of-year assets
(h) Percenta ownersh
132162 01-23-12
Schedule R (Form 990) 2011
Schedule R(Form 990) 2011
WOMEN IN THE WORLD FOUNDATION, INC.
45-2652749
Page 3
Part V Transactions With Related Organizations (Complete if the organization answered "Yes to Form 990, Part IV, line 34, 35, 35a, or 36.) Note. Complete line 1 if any entity is listed in Parts II, Ill, or IV of this schedule. No
1 During the tax year, did the organization engage in any of the following transactions with one or more related organizations listed in Parts ll-IV? ..................................................... a Receipt of (i) interest (ii) annuities (iii) royalties or (iv) rent from a controlled entity b Gift, grant, or capital contribution to related organization(s) c Gift, grant, or capital contribution from related organization(s) d Loans or loan guarantees to or for related organization(s) eLoans or loan guarantees by related organization(s) f Sale of assets to related organization(s) gPurchase of assets from related organization(s)
X
........................................................................................................ ..................................................................................................................... ............................................................................................................... .........................................................................................................................................................................
................................................................................................................................. ............................................................................................................................................................................. ................................................................................................................................... h Exchange of assets with related organization(s) ....................................................................................................... i Lease of facilities, equipment, or other assets to related organization(s) .......................................................................................................... .............................................................................................................. ............................................................................................ ................................................................................. ...................................................................................................................... ........................................................................................................... ....................................................... ...............................................................................................................
this line, including covered (c) Amount involved
X X X X X
Lease of facilities, equipment, or other assets from related organization(s) k Performance of services or membership or fundraising solicitations for related organization(s) I m Sharing of facilities, equipment, mailing lists, or other assets with related organization(s) n Sharing of paid employees with related organization(s) o Reimbursement paid to related organization(s) for expenses p Reimbursement paid by related organization(s) for expenses q Other transfer of cash or property to related organization(s) Other transfer of cas
1.
Performance of services or membership or fundraising solicitations by related organization(s)
X
see the instructions for information on who must
(a) Name of other organization
(b) Transaction type (a.r)
(d) Method of determining amount involved
132163 01-23-12
Schedule R (Form 990) 2011
Schedule R(Form 990) 2011
WOMEN IN THE WORLD FOUNDATION, INC.
45-2652749
Page
Part VI Unrelated Organizations Taxable as a Partnership (Complete if the organization answered Yes" to Form 990, Part IV, line 37.) Provide the following information for each entity taxed as a partnership through which the organization conducted more than five percent of its activities (measured by total assets or gross revenue) that was not a related organization. See instructions regarding exclusion for certain investment partnerships. I (e) I I (h) I I (j) I (k) (i) (g) (f) I (d) (c) I (b) (a) I Aiea I II Dispropor- eralorPercentage Code V-UBI Share of Share of Legal ipassec.l Primary I Predominant I rtner Name, address, and EIN lionate amount inox b 20 managing 01() I I (related , end-of-year total I of entity lanocauons?1 orgsr ________ __ I (state or foreign I ownership of Schedule K-i I exclude'dunrelated from tax assets income country) lunder section 512-514) I lNo I IVesINo I (Form 1065) IVesINol
Schedule R (Form 990)2011
132184 01-23-12
Women in the World Foundation, Inc. Financial Statements December 31, 2011
O'CON NOR DAVIES
PK,V
Independent Auditors' Report
Board of Directors Women in the World Foundation, Inc.
We have audited the accompanying statement of financial position of the Women in the World Foundation, Inc. (the "Foundation") as of December 31, 2011 and the related statements of activities, functional expenses and cash flows for the period from September 1, 2011 (inception) to December 31, 2011. These financial statements are the responsibility of the Foundation's management. Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in accordance with auditing standards generally accepted in the United States of America. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes consideration of internal control over financial reporting as a basis for designing audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Foundation's internal control over financial reporting. Accordingly, we express no such opinion. An audit also includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audit provides a reasonable basis for our opinion. In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of the Women in the World Foundation, Inc. as of December 31, 2011 and the change in its net assets and its cash flows for the period from September 1, 2011 (inception) to December 31, 2011 in conformity with accounting principles generally accepted in the United States of America.
Harrison, New York October 18, 2012
O'CONNOR DAVIES, LLP 500 Mamaroneck Avenue, Suite 301, Harrison, NY 10528 I Tel: 914.381.8900 I Fax: 914.381.8910 I www.odpkf.com
O'Connor Davies, LIP is member firm of the PKF International Limited network of legally independent firms and does not accept any responsibility or liability for the actions or Inactions on the part of any other individual member firm or firms.
Women in the World Foundatior Inc. Statement of Financial Position December 31, 2011
ASSETS Current Assets Cash Receivable from Fiscal Sponsor Total Current Assets $ 885,380 12,896 898,276 $ 898,276
LIABILITIES AND NET ASSETS Liabilities Accounts payable and accrued expenses Total Liabilities Net Assets Unrestricted Temporarily restricted Total Net Assets
$ 257,908 257,908 265,368 375,000 640,368 $ 898,276
See notes to financial statements 2
Women in the World Foundation, Inc. Statement of Activities For the period from September 1, 2011 (inception) to December 31 2011 Temporarily Restricted $ 375,000 $
SUPPORT AND REVENUE Contributions Fiscal Sponsor Corporations Interest and dividends Total Support and Revenue EXPENSES Program services Management and general Fundraising Total Expenses Change in Net Assets NET ASSETS Beginning of period End of period
Unrestricted $ 276,857 525,000 379 802,236
Total 651,857 525,000 379 1,177,236
375,000
410,652 86,848 39,368 536,868 265,368
410,652 86,848 39,368
I
375,000
536,868 640,368
$
265,368
$
375,000
$
640,368
See notes to financial statements 3
Women in the World Foundation, Inc. Statements of Functional Expenses For the period from September 1, 2011 (inception) to December 31, 2011
Program Services
Management and General $ 65,946 20,116 - - - - 126 660 86,848
Fundraising $ - - 5,991 32,969 - 408 - $ 39,368
Total $ 65,946 113,115 168,048 85,491 92,666 10,000 942 660 $ 536,868
OTHER THAN PERSONNEL COSTS
Professional fees Consultants Launch event Website Administrative fees Grants Office expenses Miscellaneous Total Expenses $ - 92,999 168,048 79,500 59,697 10,000 408 - 410,652
$
$
See notes to financial statements
4
Women in the World Foundation, Inc. Statement of Cash Flows For the period from September 1, 2011 (inception) to December 31, 2011
CASH FLOW FROM OPERATING ACTIVITIES Change in net assets Change in operating assets and liabilities Receivable from Fiscal Sponsor Accounts payable and accrued liabilities Net Cash From Operating Activities and Increase in Cash CASH Beginning of period End of period
$ 640,368 (12,896) 257,908 885,380
$ 885,380
See notes to financial statements
Women in the World Foundation, Inc. Notes to Financial Statements December 31, 2011 Nature of Organization
Women in the World Foundation, Inc. (the 'Foundation") was born out of Newsweek & The Daily Beast Company, LLC's ("NWDB") Women in the World Summit, which was launched in March 2010. The Foundation is a powerful, new initiative dedicated to highlighting and driving solutions for advancing women and girls. Building on the success of the Women in the World summits and harnessing the journalistic power of NWDB, the Foundation serves as a resource to all who seek to learn about and engage on the issues facing women and girls. The Foundation, in addition, convenes courageous women of impact, provides strategic grants to select non-profit organizations, and fosters much-needed collaboration between organizations. The Foundation was separately organized as Women in the World Foundation, Inc., a notfor-profit corporation in the State of Delaware, on Jun .e 14, 2011, and began independent operations on September 1, 2011. 2. Summary of Significant Accounting Policies
Basis of Presentation
Net assets and revenues, expenses, gains and losses are classified based on the existence or absence of donor-imposed restrictions. All contributions are considered to be available for unrestricted use unless specifically restricted by the donor. Amounts received that are designated for future periods or restricted by the donor for specific purposes are reported as temporarily restricted or permanently restricted support that increases those net asset classes. However, if a restriction is fulfilled in the same time period in which the contribution is received, the Foundation reports the support as unrestricted. Women in the World Foundation, Inc. does not have any permanently restricted net assets.
Use of Estimates
The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
Receivables
An allowance for uncollectible receivables is estimated based on a combination of write-off history, aging analysis and any specific known troubled accounts. Management has determined that no allowance is necessary at December 31, 2011.
6
Women in the World Foundation, Inc. Notes to Financial Statements December 31, 2011 2. Summary of Significant Accounting Policies (continued)
Functional Allocation of Expenses
The costs of providing the various services have been summarized on a functional basis in the statement of activities and in the statement of functional expenses. Accordingly, certain costs have been allocated among programs and supporting services.
Tax Status
The Foundation qualifies as a tax-exempt organization under Section 501(c) (3) of the Internal Revenue Code and, accordingly , is not subject to federal income tax. The Foundation recognizes the effect of tax positions only if those positions are more likely than not to be sustained. Management has determined that the Foundation has no uncertain tax positions that would require financial statement recognition or disclosure. The Foundation is subject to examinations by the applicable taxing jurisdictions since inception.
Subsequent Events Evaluation by Management
Management has evaluated subsequent events for disclosure and/or recognition in the financial statements through the date that the financial statements were available to be issued, which date is October 18, 2012. 3. Concentration of Credit Risk Financial instruments that potentially subject the Foundation to concentration of credit risk consist principally of cash and receivable. The Foundation places its cash with financial institutions and at times, cash balances may be in excess of Federally insured limits. The Foundation believes that no significant concentration of credit risk exists with respect to cash and receivable. 4. Temporarily Restricted Net Assets Temporarily restricted net assets as of December 31, 2011 in the amount of $375,000 were time restricted and available for operations in 2012. 5. Related Party Transactions NWDB provides all administrative support and services for the Foundation. For the period from inception to December 31, 2011, the Foundation incurred administrative fees of $59,697 which were payable at December 31, 2011. *****
7
COPY OF WITHIN PAPER RECEIVED
JAN 10 2013
OFFICE OF THE ATTORNEY GE
0MARTIN BUfAW
FOUNDATION
January 9, 2013
VIA FEDERAL EXPRESS New York State Department of Law Charities Bureau - Registration Section 120 Broadway New York, NY 10271 Re: Women in the World Foundation NY State Registration No. 43-26-41 Enclosed please find the 2011 Form Char500, New York Annual Filing for Charitable Organizations and accompanying check for the Women in the World Foundation.
Sincerely, . MtZ zz el 1 Z President Women in the World Foundation
^
Women in the World Foundation . 555 West 18th St. New York, NY 10011 . 212-4454025 . infowomeninthewor1d.org
Form
CHAR500
Annual Filing for ChritabIe drg anizations
New York State Department of Law (Office of the Attorney General) Charities Bureau - Registration Section 120 Broadway New York, NY 10271 http://www.charitiesnys.com and d. Name of organization
C'hrsoo, 9 go
OiA
2011
Open to Public Inspection 11
c. Fed, employer ID no. (EIN) d. NY State registration no.
Article 7-A, EPTL and dual filers (replaces forms CHAR 497, 1. General Information a. For the fiscal year beginr
El El IIIl El El El
b. Check if applicable for NYS: Address change Name change Initial filing Final filing Amended filing NY registration pending
WOMEN IN THE WORLD FOUNDATION, INC.
Number and street (or P.O. box if mail not delivered to street address) Room/suite
43-26-41
e. Telephone number
555 WEST 18TH STREET, 2ND FLOOR
City or town, state or country and ZIP +4
212 524-8896
f. Email
2. Certification - Two Signatures Required We certify under penalties of perjury that we I true, correct and complete in accordance itI a. President or Authorized Officer b. Chief Financial Officer or Treas.
report, including all attachments, and to the best of our knowledge and belief, they are the State of New York applicable to this report.
KIM AZ
PRESIDENT
Title Date
TPATP
1/4 /J
3. Annual Report Exemption Information a. Article 7-A annual report exemption (Article 7'A registrants and dual registrants) Check) if total contributions from NY State (including residents, foundations, corporations, government agencies, etc.) did not exceed $25,000 and the organization did not engage a professional fund raiser (PFR) or fund raising counsel (FRC)to solicit contributions during this fiscal year.
LII
NOTE: An organization may claim this exemption if no PFR or FRC was used and either: 1) it received an allocation from a federated fund, United Way or incorporated community appeal and contributions from other sources did not exceed $25,000 or 2) it received all or substantially all of its contributions from one government agency to which it submitted an annual report similar to that required by Article 7-A. b. EPTL annual report exemption (EPTL registrants and dual registrants) Check) if gross receipts did not exceed $25,000 and assets (market value) did not exceed $25,000 at any time during this fiscal year.
El
For EPTL or Article 7-A registrants claiming the annual report exemption under the one law under which they are registered and for dual registrants claiming the annual report exemptions under both laws, simply complete part 1 (General Information), part 2 (Certification) and part 3 (Annual Report Exemption Information) above. Do not submit a fee, do not complete the following schedules and do not submit any attachments to this form. 4. Article 7-A Schedules If you did not check the Article 7-A annual report exemption above, complete the following for this fiscal year: a Did the organization use a professional fund raiser, fund raising counsel or commercial co-venturer for fund raising activity in NY State? * If "Yes", complete Schedule 4a. b. Did the organization receive government contributions (grants)? * If "Yes", com p lete Schedule 4b. 5. Fee Submitted: See last page for summary of fee requirements. Indicate the filing fee(s) you are submitting along with this form: a. Article 7-A filing fee b. EPTL filing fee C. Total fee
LII Yes* lIIl No No LII Yes*
$ $
25 . 100 .
Submit only one check or money order for the total fee, payable to "NYS Department of Law"
$
125.
6. Attachments - For organizations that are not claiming annual report exemptions under both laws, see last page for required attachments
158451 12-22-11
1
1019 CHAR500-2011
1
WOMEN IN THE WORLD FOUNDATION, INC. 5. Fee Instructions
The filing fee depends on the organizations Registration Type. For details on Registration Type and filing fees, see the Instructions for Form CHAR500. Organization's Registration Type Fee Instructions • Article 7-A • EPTL • Dual Calculate the Article 7-A filing fee using the table in part a below. The EPTL filing fee is $0. Calculate the EPTL filing fee using the table in part b below. The Article 7-A filing fee is $0. Calculate both the Article 7-A and EPTL filing fees using the tables in parts a and b below. Add the Article 7-A and EPTL filing fees together to calculate the total fee. Submit a single check or money order for the total fee.
a) Article 7-A filing fee Total Support & Revenue Article 7-A Fee more than $250,000 up to $250,000 * b) EPTL filing fee * Any organization that contracted with or used the services of a professional fund raiser (PFR) or fund raising counsel (FRC) during the reporting period must pay an Article 7-A filing fee of $25, regardless of total support and revenue.
$25 $10
6. Attachments - Document Attachment Check-List
Check the boxes for the documents you are attaching. For All Filers Filing Fee
L1
Single check or money order payable to "NYS Department of Law
Copies of Internal Revenue Service Forms
EI1 IRS Form 990 IIII All required schedules (including
Schedule B) IRS Form 990-T
IRS Form 990-EZ All required schedules (including Schedule B)
LII
IRS Form 990-T
LI LI LI
IRS Form 990-PF All required schedules (including Schedule B) IRS Form 990-1
Additional Article 7-A Document Attachment Requirement Independent Accountant's Report
[RI] Audit Report (total support & revenue more than $250,000)
LI LI
Review Report (total support & revenue $100,001 to $250,000) No Accountant's Report Required (total support & revenue not more than $100,000)
1019 4
168481 12-22-11
CHAR500 - 2011
2
Form
990
Department of the Treasury Internal Revenue Service
I I
Return of Organization Exempt From Income Tax
Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except black lung benefit trust or private foundation) The organization may have to use a copy of this return to satisfy state reporting requirements.
MB No. 1545.0047
2011
en to Public
A For the 2011 calendar year, or tax year beginning C Name of organization B Check it
applicable: IhddS
JUN 14,
2011
and D Employer identification number
WOMEN IN THE WORLD FOUNDATION, INC. 45-26527 Room/suite E Telephone number ')1 ')—itG Gross receipts $ H(a) Is this a group return for affiliates? LIlYes II1 No H(b) Are all affiliates included? Liii Yes LII No If 'No, attach a list. (see instructions)
change Doing Business As Initial return returni Number and street (or P.O. box f mail is not delivered to street address) Terrnin-
555 WEST 18TH STREET, 2ND FLOOR City or town, state or country, and ZIP + 4 giica NEW YORK, NY 10011 pending I F Name and address of principalofficer:KIM AZZARELLI
6ieded
status: [Xi 501(c(3) [_i 501(c) (
1
Trust I I Association I I Other Part II Summary I 1 Briefly describe the organization's mission or most significant activities: SEE SCHEDULE
0
4
Cd
2 Check this box U if the organization discontinued its operations or disposed of more than 25% of its . 3 Number of voting members of the governing body (Part VI, line la) 4 Number of independent voting members of the governing body (Part VI, line 1 b) 5 Total number of individuals employed in calendar year 2011 (Part V, line 2a) 6 Total number of volunteers (estimate if necessary) ............................. 7 a Total unrelated business revenue from Part VIII, column (C), line 12 b Net unrelated business taxable income from Form 990-T. line 34 ..................................................................
0 0
4
0. 0.
Current Year 1,176,857.
(D 8 Contributions and grants (Part VIII, line ih) 9 Program service revenue (Part VIII, line 2g) 10 Investment income (Part VIII, column (A), lines 3, 4, and 7d) ....................................... cc ii Other revenue (Part VllI, column (A), lines 5, 6d, 8c, 9c, lOc, and lie) 13 Grants and similar amounts paid (Part IX, column (A), lines 1 .3) .......................... 14 Benefits paid to or for members (Part IX, column (A), line 4) 15 Salaries, other compensation, employee benefits (Part 1X, column (A), lines 5-10) ........... 16a Professional fundraising fees (Part IX, column (A), line lie) b Total fundraising expenses (Part IX, column (0), line 25) 39,368. ..................... 17 Other expenses (Part IX, column (A), lines iiaiid, 1lf-24e) 18 Total expenses. Add lines 13-17 (must equal Part IX, column (A), line 25) 19 Revenue less expenses. Subtract line 18 from line 12 of Current Year 20 Total assets (Part X, line 16) 21 Total liabilities (Part X, line 26) 22 Net assets or fund balances. Subtract line 21 from line 20 Under penalties of perjury, I true, correct, and compljSign Here
SI
0.
379.
0.
1,177,236.
10,000. 0. 0. 0.
526,868. 536,868. 640.368.
0. W
examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is arer (other than officer) is based on all information of which preparer has any knowledge. 0 7 A I
(/I2bt
Check
KIM AZZARELLI , PRESIDENT Type or print name and title Print/Type preparer's name Pr.qparer' signature j 3ARBAR.A VAN BERGEN ZQ4t V&i. Firm'sname . O'CONNOR DAVIES, LLP Firm'saddresso, 500 MAMARONECK AVENUE
WA P?T(ThT
11V 1flP-11
Date
Paid Preparer Use Only
XVJ&i
/2//O/It.empioyed
/ J
1
PTIN
/
00967804 Firm'sEIN, 27-1728945
Phnnenn (Qlifl R1—R9flU
132001 01-23-12
LHA For Paperwork Reduction Act Notice, see the separate instructions.
Form 990(2011)
Form (Rev. January 2012)
Department of the Treaeury Internal Revenue Se,vlce
8868
Application for Extension of Time To File an Exempt Organization Return
File a separate application for each return.
OMB No. 1545-1709
• if you are filing for an Automatic 3-Month Extension, complete only Part I and check this box ......................................................... • If you are filing for an Additional (Not Automatic) 3-Month Extension, complete only Part II (on page 2 of this form). Do not complete Part II unless you have already been granted an automatic 3-month extension on a previously filed Form 8868. Electronic filing (9-fife) You can electronically file Form 8868 if you need a 3-month automatic extension of time to file (6 months for a corporation required to file Form 990.1), or an additional (not automatic) 3-month extension of time. You can electronically file Form 8868 to request an extension of time to file any of the forms listed in Part I or Part Il with the exception of Form 8870, Information Return for Transfers Associated With Certain Personal Benefit Contracts, which must be sent to the IRS in paper format (see instructions). For more details on the electronic filing of this form, visit www.Irs. povlefile and click on e-file for Charities & Nonprofits.
Automatic 3-Month Extension of Time. Only submit original (no copies needed).
A corporation required to file Form 990T and requesting an automatic 6-month extension -check this box and complete Partlonly
........................................................................................................................................................................................... UJ
Name of exempt organization or other filer, see instructions. Employer identification number (EIN) or
All other corporations (Including 1120-0 filers), partnerships, REMICs, and trusts must use Form 7004 to request an extension of time to file Income tax returns.
Type or print
File by duedatefbrj me llllngyour return. See Instructona.
WOMEN IN THE WORLD FOUNDATION, INC.
Number, street, and room or suite no. If a P.O. box, see Instructions.
45-2652749
Social security number (SSN)
555 WEST 18TH STREET
City, town or post office, state, and ZIP code. For a foreign address, see Instructions.
INEW YORK, NY 1001
Enter the Return code for the return that this application is for (file a separate application for each return) Application Return I Application
....................................10711
Return
990-BL 01 Form 990•T (sec. 401(a) or 4 Form 990T (trust other than
09
• Thebooksareinthecareof lo. FAX No. " TelephoneNo.00, • If the organization does not have an office or place of business in the United States, check this box ................................ . If this Is for the whole group, check this • If this Is for a Group Return, enter the organization's four digit Group Exemption Number (GEN) and attach a list with the names and EINs of all members the extension is for. If it is for part of the grou p, check this box 01 box 00, I request an automatic 3-month (6 months for a corporation required to file Form 990 .1) extension of time until I to file the exempt organization return for the organization named above. The extension
914-381-8900
KIM AZZARELLI 555 WEST 18TH STREET - NEW YORK, NY 1001
Li
Li .
[X]
Li
AUGUST 15, 2012
Is for the organization's return for: calendar year 2011 or tax year beginning
Li
, and ending
2
If the tax year entered In line 1 Is for less than 12 months, check reason: Change In accounting period
Li
E]
Initial return
Li
Final return
3a If this application is for Form 990-13L, 990'PF, 990-T, 4720, or 6069, enter the tentative tax, less any El b If this application is for Form 990•PF, 990-T, 4720, or 6069, enter any refundable credits and estimated tax payments made. Include any prior year overpayment allowed as a credit. c Balance due, Subtract line 3b from line 3a. Include your payment with this form, if required, Lip
Caution. It you are going to make an electronic fund withdrawal with this Form 8888, see Form 8453-EO and Form 8879EO for payment Instructions. Form 8888 (Rev. 1.2012) LHA For Privacy Act and Paperwork Reduction Act Notice, see Instructions.
123841 01-04-12
Form 8888 (Rev. 1-2012) rne 2 • If you are filing for an Additional (Not Automatic) 3-Month Extension, complete only Pert II and check this box .............................. 10, LJ Note. Only complete Part II If you have already been granted an automatic 3-month extension on a previously filed Form 8868. • If you are filing for an Automatic 3-Month Extension, complete only Part I (on page 1).
I Pert §j Additional (Not Automatic) 3-Month Extension of Time Only file the original (no copies needed)
Type or print
File by th due data for filing your return. See insttucl)one,
Name of exempt organization or other flier, see instructions THE WORLD FOUNDATION, INC. Number, street, and room or suite no. if a P.O. box, see Instructions. 55 WEST 18TH STREET, 2ND FLOOR City, town or post office, state, and ZIP code. For a foreign address, see instructions. EW YORK, NY 10011 --
Employer identification number (EIN) or
I LX] 45-2652749
Social security number (SSN)
Enter the Return
for the return that this application Is for (file a separate application for each return) ................................................... I 0 I 1
STOPI Do not complete Part II If you were not already granted an automatic 3-month extension on a previously filed Form 8868, KIM AllARELLI • Thebooks areln the care of ' 555 WEST 18TH STREET, 2ND FLOOR - NEW YORK, NY 10011 Te!ephoneNo.' 212-336-2923 FAXNo.2l2336-29l7 • if the organization does not have an office or place of business in the United States, check this box ................................................ • if this Is for a Group Return, enter the organization's four digit Group Exemption Number (GEN) . If this Is for the whole group, check this NOVEMBER 15, 2012. 4 I request an additional 3-month extension of time until 5 For calendar year ______ ,or other tax year beginning JUN 14, 2011 , and ending DEC 31, 2011 6 If the tax year entered in line 5 is for less than 12 months, check reason: LX] Initial return ETFInal return Change In accounting period 7 State in detail why you need the extension INFORMATION NECESSARY TO FILE A COMPLETE AND ACCURATE RETURN IS NOT YET AVAILABLE Ba If this application is for Form 990-BL, 990-P F, 990T, 4720, or 6069, enter the tentative tax, less any See If this application is for Form 990•PF, 990-T, 4720, or 6089, enter any refundable credits and estimated tax payments made. include any prior year overpayment allowed as a credit and any amount paid 8868. Balance duo. Subtract line 8b from line Ba. Include your payment with this form, if required, by using ronic Federal Tax Payment System). See Instructions. Under pena it is true, co
I Sc I $
I
Form 8868 (Rev. 1.2012)
Signature and Verification must be completed for Part II only.
jury, I declare that I pave examined this form, including accompanying schedules and statements, and to the best of my knowledge and belief, complete, and thai Iniauthorlzed to prepare this form.
rA
_____
123842 01-06-12
Form 990 (2011)
I
Part Ill j Statement of Program Service Accomplishments
I
WOMEN IN THE WORLD FOUNDATION, INC.
45-2652749
Page2
Check if Schedule 0 contains a response to any question in this Part III Briefly describe the organization's mission:
EI1
SEE SCHEDULE 0
2
Did the organization undertake any significant program services during the year which were not listed on the prior Form 990 or 990•EZ? LIlYes No If 'Yes," describe these new services on Schedule 0. 3 Did the organization cease conducting, or make significant changes in how it conducts, any program services?LIIYes L1 No If 'Yes," describe these changes on Schedule 0. 4 Describe the organization's program service accomplishments for each of its three largest program services, as measured by expenses. Section 501 (c)(3) and 501 (c)(4) organizations and section 4947(a)(1) trusts are required to report the amount of grants and allocations to others, the total expenses, and revenue, if any, for each program service reported. 4a (Code: __________ ) (Expenses $ 410,652. including grants of $ 10,000. ) (Revenues
SEE SCHEDULE 0
4b
(Code: ___________ ) (Expenses $
including grants of $
) (Revenue $
4c
(Code: ___________ ) (Expenses $
including grants of $
) (Revenue $
4d Other program services (Describe in Schedule 0.)
(Expenses $ including grants of $ ) (Revenue $
4e Total program service ex p enses
02-09-12
410,652.
Form 990(2011)
SEE SCHEDULE 0 FOR CONTINUATION(S)
TION, INC.
Checklist
1 Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)? If "Yes," complete Schedule A 2 Is the organization required to complete Schedule B, Schedule of Contributors?
45-2652749
Paae3
Yes I No .I .2
X
X X X X
.3 4 Section 501(c)(3) organizations. Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year? If "Yes," complete Schedule C, Part II .4 5 Is the organization a section 501 (c)(4), 501 (c)(5), or 501 (c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19? If "Yes," complete Schedule C, Part III .5 6 Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts? If "Yes," complete Schedule D, Part I 7 Did the organization receive or hold a conservation easement, including easements to preserve open space, the environment, historic land areas, or historic structures? If "Yes," complete Schedule D, Part II 8 Did the organization maintain collections of works of art, historical treasures, or other similar assets? If "Yes," complete Schedule D, Part III 9 Did the organization report an amount in Part X, line 21; serve as a custodian for amounts not listed in Part X; or provide credit counseling, debt management, credit repair, or debt negotiation services? If "Yes," complete Schedule D, Part IV 10 Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments? If "Yes," complete Schedule D, Part V 11 If the organization's answer to any of the following questions is "Yes," then complete Schedule D, Parts VI, VII, VIII, IX, or X as applicable. a Did the organization report an amount for land, buildings, and equipment in Part X, line 10? If "Yes," complete Schedule D, Part VI b Did the organization report an amount for investments other securities in Part X, line 12 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VII c Did the organization report an amount for investments- program related in Part X, line 13 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VIII d Did the organization report an amount for other assets in Part X, line 15 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part IX e Did the organization report an amount for other liabilities in Part X, line 25? If "Yes," complete S chedule D, Part X f Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses the organization's liability for uncertain tax positions under FIN 48 (ASC 740)? If "Yes," complete Schedule D, Part X 12a Did the organization obtain separate, independent audited financial statements for the tax year? If "Yes," complete Schedule D, Parts XI, XII, and XIII b Was the organization included in consolidated, independent audited financial statements for the tax year? If "Yes," and if the organization answered "No" to line 12a, then completing Schedule D, Parts XI, XII, and XIII is optional 13 Is the organization a school described in section 1 70(b)(1 )(A)(ii)? If "Yes," complete Schedule E 14a Did the organization maintain an office, employees, or agents outside of the United States? b Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more? If "Yes," complete Schedule F, Parts I and IV 15 Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or assistance to any organization or entity located outside the United States? If "Yes," complete Schedule F, Parts II and IV 16 Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or assistance to individuals located outside the United States? If "Yes," complete Schedule F, Parts III and IV 17 Did the organization report a total of more than $15,000 of expenses for professional fundraising services on Part IX, column (A), lines 6 and lie? If "Yes," complete Schedule G, Part I 18 Did the organization report more than $15,000 total of fundraising event gross income and contributions on Part VIII, lines 1 c and 8a? If "Yes," complete Schedule G. Part II 19 Did the organization report more than $15,000 of gross income from gaming activities on Part VIII, line 9a? If "Yes," complete Schedule G, Part III 20a Did the organization operate one or more hospital facilities? If "Yes," complete Schedule H b If "Yes" to line 20a. did the oraanization attach a con y of its audited financial statements to this return? .19 .20a
9nh
3 Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office? If "Yes," complete Schedule C, Part I
6 .7 8 9 .10 ha .hib .lic .lid .lie .1 if 12a .12b .13
X X X X X
X
X X X X X
X X
X
x
x
X X
Form 990(2011)
132003 01-23-12
Part IV I Checklist of Required Schedules
21 Did the organization report more than $5,000 of grants and other assistance to any government or organization in the United States on Part IX, column (A), line 1? If "Yes," complete Schedule I, Parts land!!
-2652749
Paae4
Yes I No . 21 .22
X X
22 Did the organization report more than $5,000 of grants and other assistance to individuals in the United States on Part IX,
column (A), line 2? If "Yes," complete Schedule I, Parts land!!!
23 Did the organization answer "Yes" to Part VII, Section A, line 3, 4, or 5 about compensation of the organization's current
and former officers, directors, trustees, key employees, and highest compensated employees? If "Yes," complete Schedule
23
X
24a Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the
last day of the year, that was issued after December 31, 2002? If "Yes," answer lines 24b through 24d and complete Schedule K. If "No", go to line 25 b Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception? c Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease any tax-exempt bonds? d Did the organization act as an "on behalf of" issuer for bonds outstanding at any time during the year? 25a Section 501(c)(3) and 501(c)(4) organizations. Did the organization engage in an excess benefit transaction with a disqualified person during the year'? If "Yes," complete Schedule L, Part! b Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ? If "Yes," complete Schedule L, Part! 25b . 26
.24a
.24b .24c .24d
X
.25a
X
X
X
26 Was a loan to or by a current or former officer, director, trustee, key employee, highly compensated employee, or disqualified
person outstanding as of the end of the organization's tax year? If "Yes," complete Schedule L, Part!!
27 Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial
contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons? If "Yes," complete Schedule L, Part Ill . 27
X
28 Was the organization a party to a business transaction with one of the following parties (see Schedule L, Part IV
instructions for applicable filing thresholds, conditions, and exceptions): a A current or former officer, director, trustee, or key employee? If "Yes," complete Schedule L, Part IV b A family member of a current or former officer, director, trustee, or key employee? If "Yes," complete Schedule L, Part IV c An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner? If "Yes,' complete Schedule L, Part IV 29 Did the organization receive more than $25,000 in non-cash contributions? If "Yes," complete Schedule M 30 Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions? If "Yes," complete Schedule M 31 Did the organization liquidate, terminate, or dissolve and cease op erations? If "Yes," complete Schedule N, Part! 32 Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets?lf "Yes," complete Schedule N, Part II 33 Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3? If "Yes," complete Schedule R, Part! .28a 28b .28c
X X X
X
X
.29
.30
.31 32 .33 .34 .35a
.35b .36 .37
X
X X X X
34 Was the organization related to any tax-exempt or taxable entity?
If "Yes," complete Schedule A, Parts II, III, IV, and V, line 1 35a Did the organization have a controlled entity within the meaning of section 512(b)(13)? b Did the organization receive any payment from or engage in any transaction with a controlled entity within the meaning of section 512(b)(13)? If "Yes," complete Schedule R, Part V, line 2 36 Section 501(c)(3) organizations. Did the organization make any transfers to an exempt non-charitable related organization? If 'Yes,' complete Schedule R, Part V, line 2 37 Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes? If "Yes," complete Schedule A, Part VI 38 Did the organization complete Schedule 0 and provide explanations in Schedule 0 for Part VI, lines 11 and 19?
X X X
Form 990(2011)
132004 01-23-12
Form 990 (2011)
WOMEN IN THE WORLD FOUNDATION, INC.
Part V Statements Regarding Other IRS Filings and Tax Compliance
Check if Schedule 0 contains a response to any question in this Part V la Enter the number reported in Box 3 of Form 1096. Enter -0- if not applicable b Enter the number of Forms W-2G included in line 1a. Enter -0- if not applicable
45-2652749
Page
.Ia
6
.lb 0 c Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners? .................................................................................................................................. Ic 2a Enter the number of employees reported on Form W-3, Transmittal of Wage and Tax Statements, filed for the calendar year ending with or within the year covered by this return .2a 0 --
X
b If at least one is reported on line 2a, did the organization file all required federal employment tax returns? ** Note. If the sum of lines 1 a and 2a is greater than 250, you may be required to e-file (see instructions) 3a Did the organization have unrelated business gross income of $1,000 or more during the year? ..3a— b If 'Yes," has it filed a Form 990-T for this year? If "No," provide an explanation in Schedule 0 . 3b— 4a At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)? b If 'Yes,' enter the name of the foreign country: No. See instructions for filing requirements for Form TD F 90-22.1, Report of Foreign Bank and Financial Accounts. 5a Was the organization a party to a prohibited tax shelter transaction at any time during the tax year? b Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction? c If "Yes," to line 5a or 5b, did the organization file Form 8886-T? Ga Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible? b If "Yes," did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible? 7 Organizations that may receive deductible contributions under section 170(c). a Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor? 7a — X b If "Yes," did the organization notify the donor of the value of the goods or services provided? ..7b — c Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required tofile Form 8282? .............................................................................................................................................................— d If "Yes," indicate the number of Forms 8282 filed during the year .7d e Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract? .5a — X .5b — X .50 — .Ga — X 6b ..
x
—7e — X f Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ............................ 7f — g If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required? h If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C? 7h — 8 Sponsoring organizations maintaining donor advised funds and section 509(a)(3) supporting organizations. Did the supporting organization, or a donor advised fund maintained by a sponsoring organization, have excess business holdings at any time during the year? 9 Sponsoring organizations maintaining donor advised funds. a Did the organization make any taxable distributions under section 4966? b Did the organization make a distribution to a donor, donor advisor, or related person? 10 Section 501(c)(7) organizations. Enter: a Initiation fees and capital contributions included on Part VIII, line 12 b Gross receipts, included on Form 990, Part VIII, line 12, for public use of club facilities 11 Section 501(c)(12) organizations. Enter: a Gross income from members or shareholders b Gross income from other sources (Do not net amounts due or paid to o ther sources against .lOa lOb .1 la 8 —
.9a — .9b —
amounts due or received from them.) .lib 12a Section 4947(a)(1) non-exempt charitable trusts. Is the organization filing Form 990 in lieu of Form 1041? b If "Yes," enter the amount of tax-exempt interest received or accrued during the year .................. I 12b I 13 Section 501(c)(29) qualified nonprofit health insurance issuers. a Is the organization licensed to issue qualified health plans in more than one state? Note. See the instructions for additional information the organization must report on Schedule 0. b Enter the amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans c Enter the amount of reserves on hand .13b .13c
12a — — — .13a —
-
-
14a Did the organization receive any payments for indoor tanning services during the tax year? b If "Yes." has it filed a Form 720 to recort these navments? If "No." omvid an nxnlanatinn in ShcrJiiIa ()
.1! — _IL. 1h
Form 990(2011)
132005 01-23-12
Form 990 (2011)
Part VII Governance, Management, and Disclosure
Page 6 For each "Yes" response to lines 2 through 7b below, and fora "No" response to line 8a, 8b, or 1 O below, describe the circumstances, processes, or changes in Schedule 0. See instructions. Check if Schedule 0 contains a response to any question in this Part VI .......................................................................................
WOMEN IN THE WORLD FOUNDATION, INC.
45-2652749
Section A. Governing Body and Management la
Enter the number of voting members of the governing body at the end of the tax year If there are material differences in voting rights among members of the governing body, or if the governing body delegated broad authority to an executive committee or similar committee, explain in Schedule 0. .lb 2 Did any officer, director, trustee, or key employee have a family relationship or a business relationship with any other officer, director, trustee, or key employee? 3 Did the organization delegate control over management duties customarily performed by or under the direct supervision of officers, directors, or trustees, or key employees to a management company or other person? 4 Did the organization make any significant changes to its governing documents since the prior Form 990 was filed? 5 Did the organization become aware during the year of a significant diversion of the organization's assets? 6 Did the organization have members or stockholders? 7a Did the organization have members, stockholders, or other persons who had the power to elect or appoint one or more members of the governing body? b Are any governance decisions of the organization reserved to (or subject to approval by) members, stockholders, or persons other than the governing body? 8 Did the organization contemporaneously document the meetings held or written actions undertaken during the year by the following: a The governing body? b Each committee with authority to act on behalf of the governing body? 9 Is there any officer, director, trustee, or key employee listed in Part VII, Section A, who cannot be reached at the organization's mailing address? If Section B. Policies (This Section B / the Internal Revenui lOa Did the organization have local chapters, branches, or affiliates? b If 'Yes," did the organization have written policies and procedures governing the activities of such chapters, , affiliates and branches to ensure their operations are consistent with the organization's exempt purposes? 1 la Has the organization provided a complete copy of this Form 990 to all members of its governing body before filing the form? 11a b Describe in Schedule 0 the process, if any, used by the organization to review this Form 990. 12a Did the organization have a written conflict of interest policy? If "No," go to line 13 b Were officers, directors, or trustees, and key employees required to disclose annually interests that could give rise to conflicts? c Did the organization regularly and consistently monitor and enforce compliance with the policy? If "Yes," describe in Schedule 0 how this was done 13 Did the organization have a written whistleblower policy? 14 Did the organization have a written document retention and destruction policy? 15 Did the process for determining compensation of the following persons include a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision? a The organization's CEO, Executive Director, or top management official b Other officers or key employees of the organization If 'Yes" to line 15a or 15b, describe the process in Schedule 0 (see instructions). 16a Did the organization invest in, contribute assets to, or participate in a joint venture or similar arrangement with a taxable entity during the year? b If "Yes," did the organization follow a written policy or procedure requiring the organization to evaluate its participation in joint venture arrangements under applicable federal tax law, and take steps to safeguard the organization's .16a .15a .15b .lOa 10b 11a .12a .12b 12c .13 14 b Enter the number of voting members included in line 1 a, above, who are independent .la
LJ
X
X
-
X X X X X X X X
Section C. Disclosure
17 List the states with which a copy of this Form 990 is required to be filed
00,NY
18 Section 6104 requires an organization to make its Forms 1023 (or 1024 if applicable), 990, and 990-T (Section 501 (c)(3)s only) available for public inspection. Indicate how you made these available. Check all that apply. Own website i:i Another's website Upon request
LI
Eil
19 Describe in Schedule 0 whether (and if so, how), the organization made its governing documents, conflict of interest policy, and financial statements available to the public during the tax year. 20 State the name, physical address, and telephone number of the person who possesses the books and records of the organization:
KIM AZZARELLI - 212-524-8896 555 WEST 18TH STREET, 2ND FLOOR, NEW YORK, NY 10011 132000
01-23-12
Form 990 (2011)
Form 990 (2011)
WOMEN IN THE WORLD FOUNDATION, INC.
45-2652749
Page
[!art VIII Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
Check if Schedule 0 contains a response to any question in this Part VII Section A. Officers, Directors, Trustees, Ke y Employees, and Highest Compensated Employees
LJ
la
Complete this table for all persons required to be listed. Report compensation for the calendar year ending with or within the organization's tax year.
• List all of the organization's current officers, directors, trustees (whether individuals or organizations), regardless of amount of compensation. Enter -0- in columns (D), (E), and (F) if no compensation was paid. • List all of the organization's current key employees, if any. See instructions for definition of "key employee." • List the organizations five current highest compensated employees (other than an officer, director, trustee, or key employee) who received reportable compensation (Box 5 of Form W-2 and/or Box 7 of Form 1099-MISC) of more than $100,000 from the organization and any related organizations. • List all of the organization's former officers, key employees, and highest compensated employees who received more than $100,000 of reportable compensation from the organization and any related organizations. • List all of the organization's former directors or trustees that received, in the capacity as a former director or trustee of the organization, more than $10,000 of reportable compensation from the organization and any related organizations. List persons in the following order: individual trustees or directors; institutional trustees; officers; key employees; highest compensated employees; and former such persons. nor any related organization compensa (A) Name and Title (B) (C) Position Average (do not check more than one hours per box, unless person Is both an officer and adfrector/trustee) week (describe hours for related organizations g. in Schedule . E 0) - = (D) Reportable compensation from the organization (W-2/1 099-MISC) ,ctor, or trustee. (E) Reportable compensation from related organizations (W.2/1 099-MISC) (F) Estimated amount of other compensation from the organization and related organizations
(1) TINA BROWN
2.00 X
(2) KIM AZZARELLI
10.00 x
(3) RANDY L. SHAPIRO (4) STEPHEN COLVIN
x
DIIl•F
[IP
132007 01-23-12
Form 990 (2011)
[:]
Part
(A) Name and title (B) Average hours per week (describe hours for related in Schedule 0) (C) Position
(do not check more than one box, unless person is both an officer and a director/trustee)
(D) Reportable compensation from the organization (W-2/1 099-MISC)
(E) Reportable compensation from related organizations (W-2/1 099-MISC)
(F) Estimated amount of other compensation from the organization and related organizations
C
A
.
1
12
lb Sub-total ...............................................................................................
c Total from continuation sheets to Part VII, Section A
0. 0. d Total (add lines lb and Ic) ................................................................... 0.
0. 0. 0.
-
LP imp
2 Total number of individuals (including but not limited to those listed above) who received more than $100,000 of reportable Yes No 3 Did the organization list any former officer, director, or trustee, key employee, or highest compensated employee on line 1 a? If "Yes," complete Schedule J for such individual 4 For any individual listed on line 1 a, is the sum of reportable compensation compensation from the and organization other and related organizations greater than $150,000? If "Yes," complete Schedule J for such individual 5 Did any person listed on line 1 a receive or accrue compensation from any unrelated organization or individual for services rendered to the organization? If 'Yes," com plete Schedule Jfor such person Section B. Independent Contractors the organization. Re port com pensation for the calendar year endin g with or within the organization's tax year. (A) (B) Name and business address Description of services
._L -
ii....
-4 - X - 5 - .2_.
1 Complete this table for your five highest compensated independent contractors that received more than $100,000 of compensation from (C) Compensation
2 Total number of independent contractors (including but not limited to those listed above) who received more than $100.000 of comoensation from the oraanization 0 Form 990(2011)
132008 01-23-12
Statement of Revenue
WOMEN I
(A) Total revenue (B) Related or exempt function revenue (C) Unrelated business revenue (D) Revenue excluded from tax under sections 512, 513, or514
I
1 a Federated campaigns b Membership dues c Fundraising events d Related organizations e Government grants (contributions) f All other contributions, gifts, grants, and similar amounts not included above 9 Noncash contributions included in lines la-if: $
2a b
wc c
C> w o
0.
d e f AJl other program service revenue q Total. Add lines 2a-2f 3 4 5 Investment income (including dividends, interest, and other similar amounts) Income from investment of tax-exempt bond proceeds (ii) Personal
-
Royalties ..................................................... (I) Real 6 a Gross rents b Less: rental expenses c Rental income or (loss) d Net rental income or (loss) 7 a Gross amount from sales of .......................... (i) Securities
(ii) Other
assets other than inventory b Less: cost or other basis and sales expenses c Gain or (loss) d Net gain or (loss) ......................................................... 8 a Gross income from fundraising events (not including $ of contributions reported on line ic). See
Cr
Part IV, line 18a b Net income or (loss) from fundraising events ............... c Gross income from gaming activities. See 9a Part IV, line 19 a b Less: direct expensesb c Net income or (loss) from gaming activities .................. 10 a Gross sales of inventory, less returns and allowances a b Less: cost of goods soldb c Net income or (loss) from sales of invento ry . Miscellaneous Revenue 11 a b
C
o
b Less: direct expenses
Business Cod
d All other revenue e Total. Add lines ha-lid
379.
132009 01-23-12
Form 990(2011)
Form 990 (2011) WOMEN IN THE WORLD Part IX I Statement of Functional Expenses
FOUNDATION, INC.
45-2652749
PagelO
Section 501(c) (3) and 50 1(c)(4) organizations must complete all columns. All other organizations must complete column (A) but are not required to complete columns (B), (C), and (D). Check if Schedule 0 contains a response to any question in this Part IX I (B) (A) Do not include amounts reported on lines 6b, Total expenses Program service 7b, Bb, 9b, and lOb of Part VIII. I 1 Grants and other assistance to governments and organizations in the United States. See Part IV, line 21 2 Grants and other assistance to individuals in the United States. See Part IV, line 22 3 Grants and other assistance to governments, organizations, and individuals outside the United States. See Part IV, lines 15 and 16 4 Benefits paid to or for members 5 Compensation of current officers, directors, trustees, and key employees 6 Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) 7 Other salaries and wages 8 Pension plan accruals and contributions
(include section 401(k) and section 403(b) employer contributions)
I
anrot vrusno I
I (C) Management and I
( Fundraising
9 Other employee benefits 10 Payroll taxes 11 Fees for services (non-employees): a Management b Legal c Accounting d Lobbying e Professional fundraising services. See Part IV, line 17 f Investment management fees g Other 12 Advertising and promotion 13 Office expenses 14 Information technology 15 Royalties 16 Occupancy 17 Travel ......................................................... 18 Payments of travel or entertainment expenses for any federal, state, or local public officials 19 Conferences, conventions, and meetings 20 Interest 21 Payments to affiliates 22 Depreciation, depletion, and amortization 23 Insurance 24 Other expenses. Itemize expenses not covered above. (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule 0.) ...... a LAUNCH EVENT b
C
ci
...................................................
15,000.
-
15,000.
145,708. 660. 85.491.
92
•
20,116. 660.
79
168 .048.
e AN other expenses 26 Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation.
Check here 132010 01-23-12
b.
Fi
If inIInnn
P OR (A(
Form 990(2011)
11 Part
(A) Beginning of year . 1 Cash - non-interest-bearing 2 Savings and temporary cash investments 3 Pledges and grants receivable, net 4 Accounts receivable, net 5 Receivables from current and former officers, directors, trustees, key employees, and highest compensated employees. Complete Part II of Schedule L 6 Receivables from other disqualified persons (as defined under section 4958(f)(1)), persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501 (c)(9) voluntary employees' beneficiary organizations (see instructions) ............................. 7 Notes and loans receivable, net 0 C0 0 8 Inventories for sale or use 9 Prepaid expenses and deferred charges lOa Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D -lOa b Less: accumulated depreciation -lOb 11 Investments - publicly traded securities 12 Investments - other securities. See Part IV, line 11 13 Investments - program-related. See Part IV, line 11 14 Intangible assets 15 Other assets. See Part IV, line 11 1 7 17 Accounts payable and accrued expenses 18 Grants payable 19 Deferred revenue 20 Tax-exempt bond liabilities (0 21 Escrow or custodial account liability. Complete Part IV of Schedule D 0 422 Payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified persons. Complete Part II CO -J of Schedule L 23 Secured mortgages and notes payable to unrelated third parties 24 Unsecured notes and loans payable to unrelated third parties 25 Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17-24). Complete Part X of Schedule D Organizations that follow SFAS 117, check here LXJ and complete lines 27 through 29, and lines 33 and 34. ............. 27 Unrestricted net assets 28 Temporarily restricted net assets ............. 29 Permanently restricted net assets Organizations that do not follow SFAS 117, check here 00 , Eland complete lines 30 through 34. 30 Capital stock or trust principal, or current funds 31 Paid-in or capital surplus, or land, building, or equipment fund 32 Retained earnings, endowment, accumulated income, or other funds 33 Total net assets or fund balances
-
(B) End of year
lOc 11 12 13 14 0. 15 0. 16
12,896. 898,276. 257.908.
22 23 24
25
0. 26
U) 0 0
CO
Cu C U. C., 0) Cl) (0
27 28 29
4-
Z
40
30 31 32
Form 990 (2011)
132011 01-23-12
Form 990 (2011)
WOMEN IN THE WORLD FOUNDATION, INC.
45-2652749
Page 12
Part X11 Reconciliation of Net Assets
Check if Schedule 0 contains a response to any question in this Part XI I Total revenue (must equal Part VIII, column (A), line 12)
I
1,177,2
2 Total expenses (must equal Part IX, column (A), line 25) 3 Revenue less expenses. Subtract line 2 from line 1 4 Net assets or fund balances at beginning of year (must equal Part X, line 33, column (A)) 5 Other changes in net assets or fund balances (explain in Schedule 0) 6 Net assets or fund balances at end of year. Combine lines 3, 4, and 5 (must equal Part X, line 33, column (B))
Part XIII Financial Statements and Reporting
Check if Schedule 0 contains a resoonse to an y Question in this Part XI 1 Accounting method used to prepare the Form 990: Cash
.............................................
Other .2a .2b .2c
Ej
No
tI1 Accrual El
If the organization changed its method of accounting from a prior year or checked 'Other,' explain in Schedule 0.
2a Were the organization's financial statements compiled or reviewed by an independent accountant?
X X X
b Were the organization's financial statements audited by an independent accountant? c If 'Yes' to line 2a or 2b, does the organization have a committee that assumes responsibility for oversight of the audit, review, or compilation of its financial statements and selection of an independent accountant? If the organization changed either its oversight process or selection process during the tax year, explain in Schedule 0. d If "Yes to line 2a or 2b, check a box below to indicate whether the financial statements for the year were issued on a separate basis, consolidated basis, or both: Both consolidated and separate basis Separate basis Consolidated basis 3a As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the Single Audit Act and OMB Circular A-133? b If Yes,' did the organization undergo the required audit or audits? If the organization did not undergo the required audit
L1
E7
3a
X
Form 990 (2011)
132012 01-23-12
SCHEDULE A
(Form 990 or 990-EZ)
Department of the Treasury Internal Revenue Service
OMB No. 1545-0047
Public Charity Status and Public Support
Complete if the organization is a section 501(c)(3) organization or a section 4947(a)(1) nonexempt charitable trust. Attach to Form 990 or Form 990-EZ. See separate instructions.
2011
Open to Public Inspection Employer identification number 1zIQ
Name of the organization
(All organizations must complete this part.) See instructions. The organization is not a private foundation because it is: (For lines 1 through 11, check only one box.) I 2 4 5 6 7 8 9
LI LI LIII] LI LI LI LI LI
LII
A church, convention of churches, or association of churches described in section 170(b)(1)(A)(i). A school described in section 170(b)(1)(A)(ii). (Attach Schedule E.) A hospital or a cooperative hospital service organization described in section 170(b)(1)(A)(iii). A medical research organization operated in conjunction with a hospital described in section 170(b)(1)(A)(iii). Enter the hospital's name, city, and state: An organization operated for the benefit of a college or university owned or operated by a governmental unit described in section 170(b)(1)(A)(iv). (Complete Part II.) A federal, state, or local government or governmental unit described in section 170(b)(1)(A)(v). An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi). (Complete Part II.) A community trust described in section 170(b)(1)(A)(vi). (Complete Part II.) An organization that normally receives: (1) more than 33 1/3% of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions . subject to certain exceptions, and (2) no more than 33 1/3% of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975. See section 509(a)(2). (Complete Part Ill.) An organization organized and operated exclusively to test for public safety. See section 509(a)(4). An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2). See section 509(a)(3). Check the box that describes the type of supporting organization and complete lines lie through 11 h. Type I Type II b c E] Type Ill- Functionally integrated
10 ii
LI
e f g
LI
a
d LI] Type Ill . Other By checking this box, I certify that the organization is not controlled directly or indirectly by one or more disqualified persons other than
LI
LI
foundation managers and other than one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2). If the organization received a written determination from the IRS that it is a Type I, Type II, or Type Ill supporting organization, check this box Since August 17, 2006, has the organization accepted any gift or contribution from any of the following persons? (i) A person who directly or indirectly controls, either alone or together with persons described in (ii) and (iii) below, the governing body of the supported organization?
LI
Yes No .ugh) .llg(ii) .llg(iii)
(ii) A family member of a person described in (i) above? (iii) A35% controlled entity of a person described in (i) or (ii) above? Provide the following information about the supported organization (s). (i) Name of supported organization (ii) EIN (vi) Is the organization (v) Did you notify the I kiv Is the n col. (i) listed in yourl organization in cot. organization (i) organizedin incot. the (described on lines 1-9 governing document? (,) of your support? U.S.? I above or IRC section I (see instructions)) I Yes I No Yes I No I Yes I No (iii) Type of organization
(vii) Amount of support
LHA For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
132021 01-24-12
Schedule A (Form 990 or 990-EZ) 2011
Schedule A (Form 9900r99O-EZ)2011
WOMEN IN THE WORLD FOUNDATION, INC.
45-2652749
Page 2
Part Ill Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi)
(Complete only if you checked the box on line 5, 7, of Part I or if the organization failed to qualify under Part Ill. If the organization fails to qualify under the tests listed below, please complete Part Ill.)
or
Section A. Public Suoort
Calendar year (or fiscal year beginning in) I Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") 2 Tax revenues levied for the organization's benefit and either paid to or expended on its behalf 3 The value of services or facilities furnished by a governmental unit to the organization without charge 4 Total. Add lines 1 through 3 5 The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f)
1176857.1 1176857.
Section B. Total Support
Calendar year (or fiscal year beginning in) 7 Amounts from line 4 8 Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources 9 Net income from unrelated business activities, whether or not the business is regularly carried on 10 Other income. Do not include gain or loss from the sale of capital assets (Explain in Part IV.)______________________________________________________ 11 Total support. Add lines 7 through 10 12 Gross receipts from related activities, etc. (see instructions) ____________ .12 I 13 First five years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501 (c)(3)
ectuon c. Lomputatuon 0? I-'ubluc Support Percentage
14 Public support percentage for 2011 (line 6, column (f) divided by line 11, column (f)) 15 Public support percentage from 2010 Schedule A, Part II, line 14 ..................................14 % % .15 16a 33 1/3% support test - 2011. If the organization did not check the box on line 13, and line 14 is 33 1/3% or more, check this box and stop here. The Organization qualifies as a publicly supported organization b 33 1/3% support test - 2010. If the organization did not check a box on line 13 or 16a, and line 15 is 33 1/3% or more, check this box and stop here. The organization qualifies as a publicly supported organization and if the organization meets the "facts-and-circumstances" test, check this box and stop here. Explain in Part IV how the organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly supported organization /6 or b 10% -facts-and-circumstances test -2010. If the organization did not check a box on line 13, 16a, 16b, or 17a, and line 15 is 100 more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here. Explain in Part IV how the organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly supported organization 18 Private foundation. If the organization did not check a box on line 13, 16a, 16b, 17a, or 17b, check this box and see instructions Schedule A (Form 990 or 990-EZ) 2011 ... 17a 10% -facts-and-circumstances test - 2011. If the organization did not check a box on line 13, 16a, or 16b, and line 14 is 10% or more,
132022 01-24-12
Schedule A (Form 990 or 990-EZ) 2011
Page 3
Part Ill I Support Schedule for Organizations Described in Section 509(a)(2)
(Complete only if you checked the box on line 9 of Part I or if the organization failed to qualify under Part II. If the organization fails to qualify under the tests listed below, please complete Part II.)
Section A. Public Support
Calendar year (or fiscal year beginning in) I Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.') 2 Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose 3 Gross receipts from activities that are not an unrelated trade or business under section 513 4 Tax revenues levied for the organization's benefit and either paid to or expended on its behalf 5 The value of services or facilities furnished by a governmental unit to the organization without charge ... 6 Total. Add lines 1 through 5 ......... 7a Amounts included on lines 1, 2, and 3 received from disqualified persons b Amounts included on lines 2 and 3 received
from other than disqualified persons that exceed the greater of $5,000 or 1% of the . amount on line 13 for the year
(a) 2007
(b) 2008
c Add lines 7a and 7b
Section B. Total
(c)2009 (d)2010 (e)2011 Calendar year (or fiscal year beginningin)- (a)2007 (b)2008 9 Amounts from line 6 lOa Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources b Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 cAdd lines 1 O and 1 O 11 Net income from unrelated business activities not included in line lOb, whether or not the business is . regularly carried on 12 Other income. Do not include gain or loss from the sale of capital assets (Explain in Part IV) 13 Total support (Add lines 9, bc, 11, and 12.) 14 First five years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501 (c)(3) organization, check this box and stop here ....................................................................
Section C. Computation of Public Support Percentage
15 Public support percentage for 2011 (line 8, column (f) divided by line 13, column (f))
Section D. Com putation of Investment Income
% .17 17 Investment income percentage for 2011 (line 10c, column (f) divided byline 13, column (f)) % ................. 18 I 18 Investment income percentage from 2010 Schedule A, Part Ill, line 17 19a 33 1/3% support tests - 2011. If the organization did not check the box on line 14, and line 15 is more than 331/3%, and line 17 is not ................. more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization b 33 1/3% support tests - 2010. If the organization did not check a box on line 14 or line 19a, and line 16 is more than 33 1/3%, and line 18 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization 20 Private foundation. If the organization did not check a box online 14,19a, or 19b, check this box and see instructions Schedule A (Form 990 or 990-EZ) 2011 132023 01-24-12
Schedule A (Form g9Oor ggO.EZ)2011
Part IV Supplemental Information.
45-2652749 Page 4 Complete this part to provide the explanations required by Part II, line 10; Part II, line 17a or 17b; and Part Ill, line 12. Also complete this part for any additional information. (See instructions).
WOMEN IN THE WORLD FOUNDATION, INC.
PART II, COLUMN E
THE ORGANIZATION WAS FORMED ON JUNE 14, 2011. A SHORT YEAR RETURN WAS FILED IN 2011 FROM THE DATE OF INCORPORATION TO THE ORGANIZATION'S YEAR-END, DECEMBER 31, 2011.
132024 01-24-12
Schedule A (Form 990 or 990-EZ) 2011
SCHEDULE C
(Form 990 or 990-EZ)
Department of the Treasury Internal Revenue Service
Political Campaign and Lobbying Activities
For Organizations Exempt From Income Tax Under section 501(c) and section 527 Complete if the organization is described below.
OMB No. 1545-0047
2011
Open to Public Inspection
0, Attach to Form 990 or Form 990-EZ.
If the organization answered "Yes" to Form 990, Part IV, line 3, or Form 990-EZ, Part V, line 46 (Political Campaign Activities), then • Section 501 (c)(3) organizations: Complete Parts I-A and B. Do not complete Part I-C. • Section 501(c) (other than section 501 (c)(3)) organizations: Complete Parts I-A and C below. Do not complete Part I•B. • Section 527 organizations: Complete Part I-A only. If the organization answered "Yes" to Form 990, Part IV, line 4, or Form 990-EZ, Part VI, line 47 (Lobbying Activities), then • Section 501 (c)(3) organizations that have filed Form 5768 (election under section 501(h)): Complete Part II-A. Do not complete Part Il-B. • Section 501 (c)(3) organizations that have NOT filed Form 5768 (election under section 501(h)): Complete Part II-B. Do not complete Part II-A. If the organization answered "Yes" to Form 990, Part IV, line 5 (Proxy Tax), or Form 990-EZ, Part V, line 35c (Proxy Tax), then Name of organization Employer identification number
WOMEN IN THE WORLD FOUNDATION, INC.
1 Provide a description of the organization's direct and indirect political campaign activities in Part IV. 2 Political expenditures 3 Volunteer hours
1
45-2652749
Part I-Al Complete if the organization is exempt under section 501(c) or is a section 527 organization.
$
I Part I-B I Complete if the organization is exempt under section 501(c)(3).
1 Enter the amount of any excise tax incurred by the organization under section 4955 2 Enter the amount of any excise tax incurred by organization managers under section 4955$ 3 If the organization incurred a section 4955 tax, did it file Form 4720 for this year? 4a Was a correction made? b If "Yes," describe in Part IV. . Yes Yes
LI
LII No
LI
No
JPart1-cj Complete if the organization is exempt under section 501(c), except section 501(c)(3).
1 Enter the amount directly expended by the filing organization for section 527 exempt function activities 2 Enter the amount of the filing organization's funds contributed to other organizations for section 527 exempt function activities Total exempt function expenditures. Add lines 1 and 2. Enter here and on Form 11 20-POL, ..... line 17b .......................... 4 Did the filing organization file Form I 120-POL for this year? Yes No 5 Enter the names, addresses and employer identification number (EIN) of all section 527 political organizations to which the filing organization made payments. For each organization listed, enter the amount paid from the filing organization's funds. Also enter the amount of political contributions received that were promptly and directly delivered to a separate political organization, such as a separate segregated fund or a political action committee (PAC). If additional space is needed, provide information in Part IV. $ $
LI
LI
(a) Name
(b) Address
(c) EIN
(d) Amount paid from (e) Amount of political contributions received and filing organization's promptly and directly funds. If none, enter -0-. delivered to a separate political organization. If none, enter .0..
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ. LHA
132041 01-27-12
Schedule C (Form 990 or 990-EZ) 2011
I
Part Il-A I Complete if the organization is exempt under section 501(c)(3) and Tiled Form 5768 (election under section 501(h)).
if the filing organization belongs to an affiliated group (and list in Part IV each affiliated group member's name, address, EIN, expenses, and share of excess lobbying expenditures).
1. .T .
A Check 11
S 4I-.
..1 1-.-.... A -.-..-1 •11;....:i-.-1 --- 4....Ifl
Limits on Lobbying Expenditures (The term "expenditures" means amounts paid or incurred.) 1 a Total lobbying expenditures to influence public opinion (grass roots lobbying) b Total lobbying expenditures to influence a legislative body (direct lobbying) c Total lobbying expenditures (add lines 1 a and 1 b) d Other exempt purpose expenditures e Total exempt purpose expenditures (add lines ic and Id) f .......
(a) Filing organization's totals
(b) Affiliated group totals
536
g Grassroots nontaxable amount (enter 25% of line if) h Subtract line 1 g from line 1 a. If zero or less, enter -0- I Subtract line if from line 1c. If zero or less, enter -0- reporting section 4911 tax for this year?
. b , i i
-------------------------------0 .....0
No
If there is an amount other than zero on either line 1h or line ii, did the organization file Form 4720 ...................................................................................................................Yes 4-Year Averaging Period Under Section 501(h) (Some organizations that made a section 501(h) election do not have to complete all of the five columns below. See the instructions for lines 2a through 2f on page 4.) Lobbying Expenditures During 4-Year Averaging Period Calendar year (or fiscal year beginning in) (a) 2008
I
(b) 2009
I
(c) 2010
(d) 2011
I
(e) Total
b Lobbying ceiling amount (150% of line 2a. column res d Grassroots nontaxable am e Grassroots ceiling amount (150% of line 2d, column ( res Schedule C (Form 990 or 990-EZ) 2011
132042 01-27-12
exempt (election under section 501(h)).
For each "Yes" response to lines la through ii below, provide in Part IV a detailed description of the lobbying activity. During the year, did the filing organization attempt to influence foreign, national, state or local legislation, including any attempt to influence public opinion on a legislative matter or referendum, through the use of: aVolunteers? c Media advertisements? d Mailings to members, legislators, or the public? e Publications, or published or broadcast statements? ......................________ f Grants to other organizations for lobbying purposes? g Direct contact with legislators, their staffs, government officials, or a legislative body? h Rallies, demonstrations, seminars, conventions, speeches, lectures, or any similar means? j Other activities? Total. Add lines 1 c through ii 2a Did the activities in line 1 cause the organization to be not described in section 501(c)(3)? b If "Yes," enter the amount of any tax incurred under section 4912 c If "Yes," enter the amount of any tax incurred by organization managers under section 4912 d If the filing organization incurred a section 4912 tax, did it file Form 4720 for this year? .................. .________ ................................................................................................________ ________ b Paid staff or management (include compensation in expenses reported on lines 1 through ii)?
I
(a) Yes I No
I
(b) Amount
Part Ill-A I Complete if the organization is exempt under section 501(c)(4), section 501(c)(5), or section 501(c)(6).
I
1 2 Were substantially all (90% or more) dues received nondeductible by members? ................................................... Did the organization make only in-house lobbying expenditures of $2,000 or less? ................................................
Yes
I
No
I_iLi
IPart Ill-B I Complete if the organization is exempt under section 501(c)(4), section 501(c)(5), or section 501(c)(6) and if either (a) BOTH Part Ill-A, lines 1 and 2, are answered "No" OR (b) Part Ill-A, line 3, is answered "Yes."
1 Dues, assessments and similar amounts from members 2 Section 162(e) nondeductible lobbying and political expenditures (do not include amounts of political expenses for which the section 527(f) tax was paid). a Current year b Carryover from last year ............................................................. .........................................................
................................................................................................................... cTotal 3 Aggregate amount reported in section 6033(e)(1)(A) notices of nondeductible section 162(e) dues 4 If notices were sent and the amount on line 2c exceeds the amount on line 3, what portion of the excess does the organization agree to carryover to the reasonable estimate of nondeductible lobbying and political ........................................................................... expenditure next year? 5 Taxable amount of lobbying and political expenditures (see instructions)
'art IV
I
Supplemental Information
Complete this part to provide the descriptions required for Part I-A, line 1; Part I-B, line 4; Part I-C, line 5; Part ll-A and Part Il-B, line 1. Also, complete this part for any additional information.
Schedule C (Form 990 or 990-EZ) 2011
132043 01-27-12
SCHEDULE D I
(Form 990)
Department of the Treasury Internal Revenue Service
Supplemental Financial Statements
Complete if the organization answered "Yes," to Form 990, Part IV, line 6,7,8,9, 10, ha, lib, hic, lid, lie, hf, 12a, or 12b. Attach to Form 990. See separate instructions.
I
I
Open to Public Inspection Employer identification number Lic—')gc97LIQ
2011
Name of the organization
ganizations Maintaining Donor Aaviseci Funds or
anization answered "Yes" to Form 990, Part IV, line 6.
or Accounts.
Complete if the
(a) Donor advised funds 1 Total number at end of year 2 Aggregate contributions to (during year) 3 Aggregate grants from (during year) 4 Aggregate value at end of year
(b) Funds and other accounts
5 Did the organization inform all donors and donor advisors in writing that the assets held in donor advised funds are the organization's property, subject to the organization's exclusive legal control? 6 Did the organization inform all grantees, donors, and donor advisors in writing that grant funds can be used only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring .Yes No
Conservation Easements.
Complete if the organization answered "Yes" to Form 990, Part IV, line 7.
Purpose(s) of conservation easements held by the organization (check all that apply). Preservation of an historically important land area EJ Preservation of land for public use (e.g., recreation or education) Protection of natural habitat Preservation of open space day of the tax year. Held at the End of the Tax Year a Total number of conservation easements b Total acreage restricted by conservation easements o Number of conservation easements on a certified historic structure included in (a) d Number of conservation easements included in (c) acquired after 8/17/06, and not on a historic structure listed year 4 Number of states where property subject to conservation easement is located 5 Does the organization have a written policy regarding the periodic monitoring, inspection, handling of violations, and enforcement of the conservation easements it holds? . Yes 6 Staff and volunteer hours devoted to monitoring, inspecting, and enforcing conservation easements during the year 7 Amount of expenses incurred in monitoring, inspecting, and enforcing conservation easements during the year 8 Does each conservation easement reported on line 2(d) above satisfy the requirements of section 1 70(h)(4)(B)(i) and section 170(h)(4)(B)(ii)? LIII Yes LII] No 9 In Part XIV, describe how the organization reports conservation easements in its revenue and expense statement, and balance sheet, and include, if applicable, the text of the footnote to the organization's financial statements that describes the organization's accounting for conservation easements. $ in the National RegisterI 2d I 3 Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during the tax
LII
Preservation of a certified historic structure
2 Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last
LIII No
I Part Ill] Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.
Complete if the organization answered "Yes" to Form 990, Part IV, line 8. ha If the organization elected, as permitted under SFAS 116(ASC 958), not to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide, in Part XIV, the text of the footnote to its financial statements that describes these items. b If the organization elected, as permitted under SFAS 116 (ASC 958), to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide the following amounts ..................................... 00. $ ....................... 11111. $ Assets included in Form 990, Part X (ii) 2 If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide a Revenues included in Form 990, Part VIII, line 1 b Assets included in Form 990, Part X the following amounts required to be reported under SFAS 116 (ASC 958) relating to these items: ............................ lo. $ ................................................ 1111 0. $ Schedule D (Form 990)2011 relating to these items: (i) Revenues included in Form 990, Part VIII, line 1
LHA For Paperwork Reduction Act Notice, see the Instructions for Form 990.
132051 01-23-12
Schedule D(Form 990) 2011
WOMEN IN THE WORLD FOUNDATION, INC.
45-2652749
Page2
Part Ill I Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets
(continued)
3 Using the organization's acquisition, accession, and other records, check any of the following that are a significant use of its collection items (check all that apply): Public exhibition Loan or exchange programs a d Scholarly research b El Other_______________________________________________________ e c El Preservation for future generations 4 Provide a description of the organization's collections and explain how they further the organization's exempt purpose in Part XIV. 5 During the year, did the organization solicit or receive donations of art, historical treasures, or other similar assets to be sold to raise funds rather than to be maintained as part of the organization's collection? ........................................Yes No I Part IV Escrow and Custodial Arrangements. Complete if the organization answered Yes' to Form 990, Part IV, line 9, or reported an amount on Form 990, Part X, line 21. la Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not included on Form 990, Part X?L:lYes b If Yes, explain the arrangement in Part XIV and complete the following table: c Beginning balance d Additions during the year e Distributions during the year f Ending balance 2a Did the organization include an amount on Form 990, Part X, line 21? No
Part V I Endowment Funds. Complete if the organization answered Yes' to Form 990, Part IV, line 10.
1a Beginning of year balance b Contributions c Net investment earnings, gains, and losses d Grants or scholarships e Other expenditures for facilities and programs f Administrative expenses g End of year balance 2 Provide the estimated percentage of the current year end balance (line 1 g, column (a)) held as: a Board designated or quasi-endowment % b Permanent endowment % c Temporarily restricted endowment % The percentages in lines 2a, 2b, and 2c should equal 100%. 3a Are there endowment funds not in the possession of the organization that are held and administered for the organization by: (I) unrelated organizations (ii) related organizations b If Yes' to 3a(ii), are the related organizations listed as required on Schedule R?
Yes No
.3a(i) -3a(ii) -3b
Part VI I Land, Buildings, and
Description of property 1a Land b Buildings c Leasehold improvements ci Equipment
See Form 990, Part X, line 10. (a) Cost or other (b) Cost or other basis (investment) I basis (other)
(C)
I
Accumulated depreciation
(d) Book value
Schedule D (Form 990)2011
132052 01-23-12
ScheduleD (Form 990) 2011
WOMEN IN THE WORLD
FOUND)
Part VIII Investments - Other Securities.
(a) Description of security or category (including name of security) (1) Financial derivatives
See Form 990, Part X, line 12. () Book value (c) Method of valuation: Cost or end-of-year market value
(2) Closely-held equity interests (3) Other
otal. (Uol (b) must equal Form 990, Part X, cal (B) line 12.)
Part VIII I Investments - Program Related.
(a) Description of investment type (b) Book value
13. (c) Method of valuation: Cost or end-of-year market value
Part IX I Other Assets.
otal. (Cal (b) must e q ual Form 990, Part X, cal (B) line 13.) OP, I See Form 990, Part X, line 15. (a) Description
Book value
otal. (Column (b) must equal Form 990, Part X, col (B) line 15.) -
Part X I Other Liabilities. See Form 990, Part X, line 25.
1.
(a) Description of liability
Book value
(1) Federal income taxes
Schedule (Form
990) 2011
Part XI I Reconciliation of
to
45-2652749 Page4
tatements
1 Total revenue (Form 990, Part VIII, column (A), line 12) 2 Total expenses (Form 990, Part IX, column (A), line 25) 3 Excess or (deficit) for the year. Subtract line 2 from line 1 4 Net unrealized gains (losses) on investments 5 Donated services and use of facilities 6 Investment expenses 7 Prior period adjustments 8 Other (Describe in Part XIV.) 9 Total adjustments (net). Add lines 4 through 8
Part XII I Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
I Total revenue, gains, and other support per audited financial statements 2 Amounts included on line 1 but not on Form 990, Part VIII, line 12: a Net unrealized gains on investments b Donated services and use of facilities c Recoveries of prior year grants d Other (Describe in Part XIV.) e Add lines 2a through 2d ..................................................................... 3 Subtract line 2e from line 1 4 Amounts included on Form 990, Part VIII, line 12, but not on line 1: a Investment expenses not included on Form 990, Part VIII, line 7b b Other (Describe in Part XIV.) c Add lines 4a and 4b 236. 2c
of Expenses per Audited Financial Statements With Expenses per Return
1 Total expenses and losses per audited financial statements 2 Amounts included on line 1 but not on Form 990, Part IX, line 25: a Donated services and use of facilities b Prior year adjustments c Other losses d Other (Describe in Part XIV.) 2a .2b
2c ...............................................................................2d
eAdd lines 2a through 2d ................................................................................................................... 3 Subtract line 2e from line 1 4 Amounts included on Form 990, Part IX, line 25, but not on line 1: a Investment expenses not included on Form 990, Part VIII, line 7b b Other (Describe in Part XIV.) c Add lines 4a and 4b .4a .4b
Part XIVI Supplemental Information
Complete this part to provide the descriptions required for Part II, lines 3, 5, and 9; Part Ill, lines 1 a and 4; Part IV, lines lb and 2b; Part V, line 4; Part X, line 2; Part XI, line 8; Part XII, lines 2d and 4b; and Part XIII, lines 2d and 4b. Also complete this part to provide any additional information.
PART X, LINE 2: THE ORGANIZATION RECOGNIZES THE EFFECT OF TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION HAS NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE ORGANIZATION IS SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS SINCE INCEPTION.
Schedule (Form 990) 2011
132054 01-23-12
SCHEDULE I (Form 990)
OMB No. 1545-0047
Grants and Other Assistance to Organizations, Governments, and Individuals in the United States
Department of the Treasury Internal Revenue Service
Complete if the organization answered "Yes" to Form 990, Part IV, line 21 or 22. Attach to Form 990.
Open to Public Inspection Employer identification number
Name of the organization
TI
General Information on Grants and Assistance criteria used to award the grants or assistance?
At_')ZI')7AQ
1 Does the organization maintain records to substantiate the amount of the grants or assistance, the grantees' eligibility for the grants or assistance, and the selection . Yes 2 Describe in Part IV the organization's procedures for monitoring the use of grant funds in the United States. Part II 1 Grants and Other Assistance to Governments and Organizations in the United States. Complete if the organization answered 'Yes' to Form 990, Part IV, line 21, for any 1(a) Name and address of organization or government recipient that received more than $5,000. Check this box if no one recipient received more than $5,000. Part II can be duplicated if additional space is needed (f (g) Description of (c) IRC section (d) Amount of (e) Amount of (b) EIN ) valuation °k if applicable cash grant non-cash FMV appraisal,non-cash assistance assistance other)
.
LI
No
LI
(h) Purpose of grant or assistance
FUND FOR THE CITY OF NEW YORK, INC. - 121 AVENUE OF THE AMERICAS,
'PU
Trn -
MW VCPW ?1V
I flfll
2 Enter total number of section 501 (c)(3) and government organizations listed in the line 1 table 00. 3 Enter total number of other organizations listed in the line 1 table ---------------------------- -------------------------------------------------------------------------------------------------------------------------Schedule I (Form 990) (2011) LHA For Paperwork Reduction Act Notice, see the Instructions for Form 990.
132101 01-27-12
1.
45-265274
Grants and Other Assistance to Individuals in the United States. Complete if the organization answered "Yes to Form 990, Part IV, line 22. Part Ill can be duplicated if additional space is needed. (a) Type of grant or assistance (b) Number of recipients (c) Amount of (d) Amount of non- I (e) Method of valuation cash assistance I (book, FMV, appraisal, other) cash grant (f) Description of non-cash assistance
this cart to orovide the information reauired in Part I. line 2. and
SCHEDULE I, PART I, LINE 2: THE FOUNDATION REQUESTS AND KEEPS ON FILE WRITTEN REPORTS FROM ALL GRANTEES THAT RECEIVE $25,000 OR MORE IN FUNDING. THE REPORT INCLUDES A DESCRIPTION OF PROGRAMMATIC ACTIVITIES AND ACCOMPLISHMENTS, AS WELL AS A REPORT ON THE EXPENDITURE OF THE GRANT FUNDS.
132102 01-27-12
Schedule I (Form 990) (2011)
SCHEDULE 0
(Form 990 or 990-EZ)
Department of the Treasury
Supplemental Information to Form 990 or 990-EZ
Complete to provide information for responses to specific questions on Form 990 or 990-EZ or to provide any additional information. Attach to Form 990 or 990-EZ.
Open to Public Inspection Employer identification number
2011
Name of the organization
FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: WOMEN IN THE WORLD FOUNDATION IS A MOVEMENT DEDICATED TO ADVANCING WOMEN AND GIRLS THROUGH STORIES AND SOLUTIONS. THIS IS ACCOMPLISHED THROUGH SUPPORTING WOMEN OF IMPACT, COLLABORATIONS BETWEEN ORGANIZATIONS AND CONNECTING THE NEXT GENERATION OF WOMEN THROUGH LEADERSHIP AND HUMANITARIAN PROGRAMS.
FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: THE WOMEN IN THE WORLD FOUNDATION IS A POWERFUL, NEW INITIATIVE DEDICATED TO HIGHLIGHTING AND DRIVING SOLUTIONS FOR ADVANCING WOMEN AND GIRLS. BUILDING ON THE SUCCESS OF THE WOMEN IN THE WORLD SUMMITS AND HARNESSING THE JOURNALISTIC POWER OF NEWSWEEK & THE DAILY BEAST, THE FOUNDATION SERVES AS A RESOURCE TO ALL WHO SEEK TO LEARN ABOUT AND ENGAGE ON THE ISSUES FACING WOMEN AND GIRLS. THE FOUNDATION, IN ADDITION, CONVENES COURAGEOUS WOMEN OF IMPACT, PROVIDES STRATEGIC GRANTS TO SELECT NONPROFIT ORGANIZATIONS, AND FOSTERS MUCH-NEEDED COLLABORATION BETWEEN ORGANIZATIONS.
FORM 990, PART III, LINE 4A, PROGRAM SERVICE ACCOMPLISHMENTS: THE MOST SIGNIFICANT ACCOMPLISHMENTS OF THE FOUNDATION DURING ITS FIRST FEW MONTHS OF OPERATION ARE AS FOLLOWS:
ON SEPTEMBER -13, 2011, THE FOUNDATION HELD ITS FIRST CONVENING IN NEW YORK CITY. AT THIS EVENT, THERE WERE POWERFUL DISCUSSIONS ON TOPICS SUCH AS HONOR VIOLENCE, WOMEN AND THE ARAB SPRING, AND THE LIBERIAN PEACE MOVEMENT. THOSE IN ATTENDANCE LEARNED ABOUT THE FOUNDATION'S
LHA For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
132211 01-23-12
Schedule 0 (Form 990 or 990-EZ) (2011)
MISSION AND WHAT IT WOULD BE DOING TO SUPPORT NONPROFIT ORGANIZATIONS THAT ADVANCE WOMEN AND GIRLS.
THE FOUNDATION HAS LAUNCHED ITS WEBSITE WHICH SERVES AS A POWERFUL TOOL TO HIGHLIGHT THE STORIES OF COURAGEOUS WOMEN OF IMPACT AND BE A SOLUTIONS DESTINATION FOR THOSE THAT WANT TO GET INVOLVED.
THE FOUNDATION HAS MADE ONE IMPACT GRANT IN THE AMOUNT OF $10,000 TO SUPPORT THE WOMEN PEACE AND SECURITY NETWORK AFRICA AND THE CONTINUED WORK OF NOBEL PEACE PRIZE WINNER LEYMAH GBOWEE.
FORM 990, PART VI, SECTION A, LINE 6: THE FOUNDATION HAS ONE MEMBER, THE NEWSWEEK/DAILY BEAST LLC, WHICH IS REPRESENTED BY THEIR CHIEF EXECUTIVE OFFICER.
FORM 990, PART VI, SECTION A, LINE 7A: THE SOLE MEMBER ELECTS THE BOARD OF DIRECTORS AND HAS THE ABILITY TO REMOVE ANY OF THE BOARD OF DIRECTORS.
FORM 990, PART VI, SECTION B, LINE 11: THE FOUNDATION UTILIZES ITS AUDIT FIRM TO PREPARE THE FORM 990. ONCE IT IS COMPILED, IT IS REVIEWED BY THE PRESIDENT OF THE FOUNDATION. SUBSEQUENT TO THAT REVIEW IT IS ELECTRONICALLY SUBMITTED TO ALL BOARD MEMBERS FOR THEIR COMMENTS AND QUESTIONS PRIOR TO FILING. ANY ISSUES ARE RESOLVED BY THE PRESIDENT BEFORE THE FINAL FORM 990 IS FILED.
FORM 990, PART VI, SECTION B, LINE 12C: THE MEMBER'S REPRESENTATIVE AND EACH FOUNDATION DIRECTOR, OFFICER, AND MEMBER OF A COMMITTEE OF THE BOARD, MUST SIGN ANNUALLY A STATEMENT AFFIRMING THAT SUCH PERSON: (A) HAS RECEIVED
01-23-12
Schedule 0 (Form 990 or 990-EZ) (2011)
A COPY OF THE ORGANIZATION'S CONFLICT OF INTEREST AND DISCLOSURE POLICY, (B) HAS READ AND UNDERSTOOD THIS POLICY, AND (C) HAS AGREED TO COMPLY WITH THIS POLICY.
THE MEMBER'S REPRESENTATIVE AND EACH FOUNDATION DIRECTOR, OFFICER, AND MEMBER OF A COMMITTEE OF THE BOARD, ADDITIONALLY MUST COMPLETE AND SUBMIT TO THE SECRETARY A DISCLOSURE STATEMENT NAMING THE ENTITIES CONDUCTING BUSINESS WITH THE FOUNDATION IN WHICH HE, SHE, OR A FAMILY MEMBER IS A DIRECTOR, TRUSTEE, OFFICER, COMMITTEE MEMBER, OR EMPLOYEE OR HAS A MATERIAL FINANCIAL INTEREST. THE SECRETARY WILL REVIEW THE INFORMATION AND PERIODICALLY DISTRIBUTE REPORTS TO ALL DIRECTORS.
FORM 990, PART VI, SECTION B, LINE 15: FORM 990, PART VI, SECTION B, LINES A & B: COMPENSATION OF TOP MANAGEMENT AND KEY EMPLOYEES THE FOUNDATION DOES NOT HAVE POLICIES REGARDING COMPENSATION AS IT HAS NO EMPLOYEES, IF IT DID IT WOULD FOLLOW THE PROCEDURES AS SET BY THE IRS FOR ESTABLISHING REASONABLE COMPENSATION.
FORM 990, PART VI, SECTION C, LINE 19: FINANCIAL STATEMENTS ARE POSTED ON OUR WEBSITE AND ARE AVAILABLE BY REQUEST. THE FINANCIAL STATEMENTS ARE ALSO AVAILABLE THROUGH THE STATE ATTORNEY GENERAL OFFICES. ALL OTHER DOCUMENTS ARE AVAILABLE UPON WRITTEN REQUEST.
FORM 990, PART VII, SECTION A: THE FOLLOWING BOARD MEMBERS SPENT AVERAGE WEEKLY HOURS NOTED BELOW WORKING FOR THE ORGANIZATION'S RELATED PARTY, NEWSWEEK/DAILY BEAST COMPANY LLC ("NVlDB"):
132212 01-23-12
Schedule 0 (Form 990 or 990-EZ) (2011)
TINA BROWN, FOUNDER AND EDITOR-IN--CHIEF OF NWDB 38.0 KIM AZZARELLI, SENIOR VICE PRESIDENT OF NEW BUSINESS VENTURES 30. RANDY L. SHAPIRO, VICE PRESIDENT, GENERAL COUNSEL, AND SECRETARY
STEPHEN COLVIN, CHIEF EXECUTIVE OFFICER 39.0
132212 01-23-12
Schedule 0 (Form 990 or 990-EZ) (2011)
SCHEDULE R (Form 990)
Department of the Treasury Internal Revenue Service
Related Organizations and Unrelated Partnerships
Complete if the organization answered"Yes" to Form 990, Part IV, line 33, 34, 35,36, or 37.
Attach to Form 990.
See separate instructions.
tn to Public Employer identification number
2011
Name of the organization
IN THE WORLD FOUNDATIO
Partl Identification of Disregarded Entities (Complete if the organization answered "Yes to Form 990, Part IV, line 33.) (a) Name, address, and EIN of disregarded entity (b) Primary activity (c) Legal domicile (state or foreign country) (d) Total income (e) End-of-year assets
45-2652749
(1)
Direct controlling entity
Part 11
Identification of Related Tax-Exempt Organizations (Complete if the organization answered "Yes" to Form 990, Part IV, line 34 because it had one or more related tax-exempt -- - organizations during the tax year.) (a) Name, address, and EIN of related organization (b) Primary activity (c) Legal domicile (state or foreign country) (d) Exempt Code section (e) Public charity status (if section 501(c)(3)) (f) Direct controlling entity (g)
Section entity?
Yes I No
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
132161 01-23-12
Schedule R (Form 990) 2011
LHA
Schedule R(Form 990) 2011
WOMEN IN THE WORLD FOUNDATION, INC.
I I
(c) (b) Legal Primary activity I I domicile I (state or
45-2652749
I I
(g) Share of end-of-year assets
Page 2
Part Ill Identification of Related Organizations Taxable as a Partnership (Complete if the organization answered "Yes" to Form 990, Part IV, line 34 because it had one or more related - - - organizations treated as a partnership during the tax year.) (a) Name, address, and EIN of related organization
I
I
I
I
I (d) I (e) (f) Direct controlling I Predominant income I Share of total income I (related, unrelated , I entity derl Iexcuded from tax under I sections 512-514) I
I
I I
I
IDisproportion-
I (j) I (k) (i) General or Percentage Code V-IJBI managing ownership ate allocations? amount in box , a ? 20 of Schedule Pftfl I Kin M(Form 1065) pINnI
(h)
I I
I
Part - - IV
Identification of Related Organizations Taxable as a Corporation or Trust (Complete if the organization answered 'Yes" to Form 990, Part IV, line 34 because it had one or more related organizations treated as a corporation or trust during the tax year.) (a) Name, address, and EIN of related organization (b) Primary activity (c)
Legal domicile (state or
foreign country)
(d) Direct controlling entity
(e) Type of entity (C corp, S corp, or trust)
(f) Share of total income
(g) Share of end-of-year assets
(h) Percenta ownersh
132162 01-23-12
Schedule R (Form 990) 2011
Schedule R(Form 990) 2011
WOMEN IN THE WORLD FOUNDATION, INC.
45-2652749
Page 3
Part V Transactions With Related Organizations (Complete if the organization answered "Yes to Form 990, Part IV, line 34, 35, 35a, or 36.) Note. Complete line 1 if any entity is listed in Parts II, Ill, or IV of this schedule. No
1 During the tax year, did the organization engage in any of the following transactions with one or more related organizations listed in Parts ll-IV? ..................................................... a Receipt of (i) interest (ii) annuities (iii) royalties or (iv) rent from a controlled entity b Gift, grant, or capital contribution to related organization(s) c Gift, grant, or capital contribution from related organization(s) d Loans or loan guarantees to or for related organization(s) eLoans or loan guarantees by related organization(s) f Sale of assets to related organization(s) gPurchase of assets from related organization(s)
X
........................................................................................................ ..................................................................................................................... ............................................................................................................... .........................................................................................................................................................................
................................................................................................................................. ............................................................................................................................................................................. ................................................................................................................................... h Exchange of assets with related organization(s) ....................................................................................................... i Lease of facilities, equipment, or other assets to related organization(s) .......................................................................................................... .............................................................................................................. ............................................................................................ ................................................................................. ...................................................................................................................... ........................................................................................................... ....................................................... ...............................................................................................................
this line, including covered (c) Amount involved
X X X X X
Lease of facilities, equipment, or other assets from related organization(s) k Performance of services or membership or fundraising solicitations for related organization(s) I m Sharing of facilities, equipment, mailing lists, or other assets with related organization(s) n Sharing of paid employees with related organization(s) o Reimbursement paid to related organization(s) for expenses p Reimbursement paid by related organization(s) for expenses q Other transfer of cash or property to related organization(s) Other transfer of cas
1.
Performance of services or membership or fundraising solicitations by related organization(s)
X
see the instructions for information on who must
(a) Name of other organization
(b) Transaction type (a.r)
(d) Method of determining amount involved
132163 01-23-12
Schedule R (Form 990) 2011
Schedule R(Form 990) 2011
WOMEN IN THE WORLD FOUNDATION, INC.
45-2652749
Page
Part VI Unrelated Organizations Taxable as a Partnership (Complete if the organization answered Yes" to Form 990, Part IV, line 37.) Provide the following information for each entity taxed as a partnership through which the organization conducted more than five percent of its activities (measured by total assets or gross revenue) that was not a related organization. See instructions regarding exclusion for certain investment partnerships. I (e) I I (h) I I (j) I (k) (i) (g) (f) I (d) (c) I (b) (a) I Aiea I II Dispropor- eralorPercentage Code V-UBI Share of Share of Legal ipassec.l Primary I Predominant I rtner Name, address, and EIN lionate amount inox b 20 managing 01() I I (related , end-of-year total I of entity lanocauons?1 orgsr ________ __ I (state or foreign I ownership of Schedule K-i I exclude'dunrelated from tax assets income country) lunder section 512-514) I lNo I IVesINo I (Form 1065) IVesINol
Schedule R (Form 990)2011
132184 01-23-12
Women in the World Foundation, Inc. Financial Statements December 31, 2011
O'CON NOR DAVIES
PK,V
Independent Auditors' Report
Board of Directors Women in the World Foundation, Inc.
We have audited the accompanying statement of financial position of the Women in the World Foundation, Inc. (the "Foundation") as of December 31, 2011 and the related statements of activities, functional expenses and cash flows for the period from September 1, 2011 (inception) to December 31, 2011. These financial statements are the responsibility of the Foundation's management. Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in accordance with auditing standards generally accepted in the United States of America. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes consideration of internal control over financial reporting as a basis for designing audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Foundation's internal control over financial reporting. Accordingly, we express no such opinion. An audit also includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audit provides a reasonable basis for our opinion. In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of the Women in the World Foundation, Inc. as of December 31, 2011 and the change in its net assets and its cash flows for the period from September 1, 2011 (inception) to December 31, 2011 in conformity with accounting principles generally accepted in the United States of America.
Harrison, New York October 18, 2012
O'CONNOR DAVIES, LLP 500 Mamaroneck Avenue, Suite 301, Harrison, NY 10528 I Tel: 914.381.8900 I Fax: 914.381.8910 I www.odpkf.com
O'Connor Davies, LIP is member firm of the PKF International Limited network of legally independent firms and does not accept any responsibility or liability for the actions or Inactions on the part of any other individual member firm or firms.
Women in the World Foundatior Inc. Statement of Financial Position December 31, 2011
ASSETS Current Assets Cash Receivable from Fiscal Sponsor Total Current Assets $ 885,380 12,896 898,276 $ 898,276
LIABILITIES AND NET ASSETS Liabilities Accounts payable and accrued expenses Total Liabilities Net Assets Unrestricted Temporarily restricted Total Net Assets
$ 257,908 257,908 265,368 375,000 640,368 $ 898,276
See notes to financial statements 2
Women in the World Foundation, Inc. Statement of Activities For the period from September 1, 2011 (inception) to December 31 2011 Temporarily Restricted $ 375,000 $
SUPPORT AND REVENUE Contributions Fiscal Sponsor Corporations Interest and dividends Total Support and Revenue EXPENSES Program services Management and general Fundraising Total Expenses Change in Net Assets NET ASSETS Beginning of period End of period
Unrestricted $ 276,857 525,000 379 802,236
Total 651,857 525,000 379 1,177,236
375,000
410,652 86,848 39,368 536,868 265,368
410,652 86,848 39,368
I
375,000
536,868 640,368
$
265,368
$
375,000
$
640,368
See notes to financial statements 3
Women in the World Foundation, Inc. Statements of Functional Expenses For the period from September 1, 2011 (inception) to December 31, 2011
Program Services
Management and General $ 65,946 20,116 - - - - 126 660 86,848
Fundraising $ - - 5,991 32,969 - 408 - $ 39,368
Total $ 65,946 113,115 168,048 85,491 92,666 10,000 942 660 $ 536,868
OTHER THAN PERSONNEL COSTS
Professional fees Consultants Launch event Website Administrative fees Grants Office expenses Miscellaneous Total Expenses $ - 92,999 168,048 79,500 59,697 10,000 408 - 410,652
$
$
See notes to financial statements
4
Women in the World Foundation, Inc. Statement of Cash Flows For the period from September 1, 2011 (inception) to December 31, 2011
CASH FLOW FROM OPERATING ACTIVITIES Change in net assets Change in operating assets and liabilities Receivable from Fiscal Sponsor Accounts payable and accrued liabilities Net Cash From Operating Activities and Increase in Cash CASH Beginning of period End of period
$ 640,368 (12,896) 257,908 885,380
$ 885,380
See notes to financial statements
Women in the World Foundation, Inc. Notes to Financial Statements December 31, 2011 Nature of Organization
Women in the World Foundation, Inc. (the 'Foundation") was born out of Newsweek & The Daily Beast Company, LLC's ("NWDB") Women in the World Summit, which was launched in March 2010. The Foundation is a powerful, new initiative dedicated to highlighting and driving solutions for advancing women and girls. Building on the success of the Women in the World summits and harnessing the journalistic power of NWDB, the Foundation serves as a resource to all who seek to learn about and engage on the issues facing women and girls. The Foundation, in addition, convenes courageous women of impact, provides strategic grants to select non-profit organizations, and fosters much-needed collaboration between organizations. The Foundation was separately organized as Women in the World Foundation, Inc., a notfor-profit corporation in the State of Delaware, on Jun .e 14, 2011, and began independent operations on September 1, 2011. 2. Summary of Significant Accounting Policies
Basis of Presentation
Net assets and revenues, expenses, gains and losses are classified based on the existence or absence of donor-imposed restrictions. All contributions are considered to be available for unrestricted use unless specifically restricted by the donor. Amounts received that are designated for future periods or restricted by the donor for specific purposes are reported as temporarily restricted or permanently restricted support that increases those net asset classes. However, if a restriction is fulfilled in the same time period in which the contribution is received, the Foundation reports the support as unrestricted. Women in the World Foundation, Inc. does not have any permanently restricted net assets.
Use of Estimates
The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
Receivables
An allowance for uncollectible receivables is estimated based on a combination of write-off history, aging analysis and any specific known troubled accounts. Management has determined that no allowance is necessary at December 31, 2011.
6
Women in the World Foundation, Inc. Notes to Financial Statements December 31, 2011 2. Summary of Significant Accounting Policies (continued)
Functional Allocation of Expenses
The costs of providing the various services have been summarized on a functional basis in the statement of activities and in the statement of functional expenses. Accordingly, certain costs have been allocated among programs and supporting services.
Tax Status
The Foundation qualifies as a tax-exempt organization under Section 501(c) (3) of the Internal Revenue Code and, accordingly , is not subject to federal income tax. The Foundation recognizes the effect of tax positions only if those positions are more likely than not to be sustained. Management has determined that the Foundation has no uncertain tax positions that would require financial statement recognition or disclosure. The Foundation is subject to examinations by the applicable taxing jurisdictions since inception.
Subsequent Events Evaluation by Management
Management has evaluated subsequent events for disclosure and/or recognition in the financial statements through the date that the financial statements were available to be issued, which date is October 18, 2012. 3. Concentration of Credit Risk Financial instruments that potentially subject the Foundation to concentration of credit risk consist principally of cash and receivable. The Foundation places its cash with financial institutions and at times, cash balances may be in excess of Federally insured limits. The Foundation believes that no significant concentration of credit risk exists with respect to cash and receivable. 4. Temporarily Restricted Net Assets Temporarily restricted net assets as of December 31, 2011 in the amount of $375,000 were time restricted and available for operations in 2012. 5. Related Party Transactions NWDB provides all administrative support and services for the Foundation. For the period from inception to December 31, 2011, the Foundation incurred administrative fees of $59,697 which were payable at December 31, 2011. *****
7
COPY OF WITHIN PAPER RECEIVED
JAN 10 2013
OFFICE OF THE ATTORNEY GE
0MARTIN BUfAW
