Organizational Accountability
As a public nonprofit foundation, the Women's Foundation of California holds operational accountability and transparency as an important value in sustaining the trust of our supporters. Here are some of the ways in which we have institutionalized that value.
Distributing Resources Responsibly
75% of our resources are allocated towards grantmaking and community-based programs, 12% supports the general operations of the Foundation and 13% is spent on donor services.
June 30, 2007 Financial Statement
2006 IRS Tax Form 990
The Sarbanes-Oxley Act and the California Non-Profit Integrity Act of 2004
In California, the Nonprofit Integrity Act of 2004 requires that any charity registered with the attorney general and receiving annual gross revenues of $2 million or more must form an audit committee.
The Sarbanes-Oxley Act primarily affects American publicly traded companies and regulates what boards must do to ensure auditors’ independence from their clients. For nonprofit organizations, the Sarbanes-Oxley Act requires that each member of the organization's audit committee also be a member of the board of directors and be independent. While not all nonprofits conduct outside audits, most nonprofit boards should establish one or more financial committees (e.g., finance, audit, and/or investment).
Comprised of board members, the Women's Foundation of California's Audit Committee and Finance Committee provide fiscal oversight of our auditing procedures and fiscal management.
Socially Responsible Investment Policy
Integrating personal values and societal concerns with investment decisions is called Socially Responsible Investing (SRI). SRI considers both the investor's financial needs and an investment’s impact on society. The Women's Foundation of California investment funds are managed in a socially responsible portfolio. The issues of greatest concern to the Foundation include: military armaments, environmental sustainability and employee relations. Read our full Socially Responsible Investment Policy.
Current Annual Report
We publish our annual report in mid-November. View our most recent Annual Report for detailed financial information or request a mailed copy.
Privacy Policy
The Women’s Foundation of California collects email addresses from users who visit the sign-up and registration-only areas of www.womensfoundca.org. For those decide they no longer want to receive our electronic correspondence, they may use the "Unsubscribe" feature embedded in every email or send email with the subject "Unsubscribe". We also collect mailing addresses from users who wish to receive our publications by regular mail.
The Women's Foundation of California does not share email or mailing addresses with any other organization. On occasion, zero to four times per year, a grant partner or other allied nonprofit organization will request the use of our mailing list to send invitations to our list for certain events. We will only comply with such requests when we feel that these events are of particular interest to our mailing list or to segments of our mailing list. We require that the grant partners or other nonprofits send such invitations through our mailhouse. Our lists are never released to these organizations. Read the full Privacy Policy.
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