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INTERNATIONAL WOMEN'S ENTREPRENEURIAL CHALLENGE FOUNDATION INC

NEW YORK, NY · EIN 455249319 · Form 990EZ · FY2024 · NTEE S40 · Community Improvement · Micro (<$100K) · iwecfoundation.org
revenue
$53K
expenses
$61K
net assets
$22K
employees
mission · from form 990

TO EMPOWER SUCCESSFUL BUSINESSWOMEN AND ENABLE THEM TO EXPAND THEIR BUSINESS REACH INTO NEW MARKETS AND GEOGRAPHIES, GRANTING THEM UNIQUE NETWORKING AND MENTORING OPPORTUNITIES ALONG THE WAY.

profile · synthesized from sources

The IWEC Foundation empowers successful women entrepreneurs by expanding their business reach into new markets and geographies through a global network of chambers of commerce. It provides networking, mentoring, and international collaboration opportunities via annual conferences and award programs. Founded in 2007 and formally established as a 501(c)(3) in New York in 2015, the organization operates across five continents with a focus on cross-border business growth for women-led enterprises.

named programs · 4 · from sources

What they call their work

Annual IWEC Foundation Conference
Rotating global conference hosted or co-hosted annually by a different chamber partner, fostering international collaboration and recognition of women entrepreneurs.
Dreams Beyond Borders Mentee Program
Mentorship program pairing emerging women entrepreneurs with established business leaders for guidance, confidence-building, and strategic growth support.
Global Ambassador Program
Peer-to-peer mentoring initiative launched in 2010 to expand business development opportunities at regional and national levels for women entrepreneurs.
IWEC Awardees Network
Honors outstanding women entrepreneurs from around the world, creating a global network of 605 awardees who collaborate and expand business reach internationally.
activities · 4 groups

What they do

  • Women's Leadership & Career Advancement Networks 2 activities
    • Hosting annual international conferences to honor and connect women entrepreneurs
      Organizes and hosts an annual rotating-location conference, including virtual formats during the pandemic, that brings together women entrepreneurs, business leaders, and policymakers to celebrate awardees, share insights, and sustain global networking. The conference includes an awards ceremony and has been held in locations such as Barcelona, Bahrain, and New Delhi, with co-hosting support from local chambers of commerce.
    • Providing mentorship and peer-to-peer learning opportunities for women entrepreneurs
      Offers structured mentorship and networking through the Dreams Beyond Borders mentee program and the Global Ambassador Program, enabling successful businesswomen to support peers and expand business development opportunities regionally and globally.
  • Professional Networking Events 1 activity
    • Delivering educational programming and resources at global conferences
      Provides face-to-face learning opportunities, educational resources, and themed conference content for women entrepreneurs, delivered through annual international conferences and regional events.
  • Startup Acceleration & Business Growth Support 1 activity
    • Expanding international market access and visibility for women-owned businesses
      Supports the growth of mid-sized, women-owned businesses by facilitating international market expansion, increasing global visibility, and strengthening global brands through a network of partner organizations and dissemination of economic intelligence from chambers of commerce and local governments.
  • Industry and Community Recognition Awards 1 activity
    • Recognizing women entrepreneurs through a global awards program
      Annually selects and honors a cohort of women entrepreneurs who lead majority women-owned businesses with at least $1.5M in annual revenue and demonstrate corporate social responsibility, with awardees nominated by partner organizations such as chambers of commerce and women’s business groups. Since 2007, 605 women entrepreneurs have been recognized through this program.
financials · form 990EZ · fy2024
revenue
Total revenue$53K
Contributions & grants$51K95%
Program service revenue$3K5%
Investment income$20%
Other revenue
expenses
Total expenses$61K
Program expenses
Admin / overhead
Fundraising
Salaries & benefits$36K
Grants paid out
balance sheet
Total assets$22K
Cash
Investments
Liabilities
Net assets$22K
5 years on record · 2020–2024 · YoY revenue -57.4%
leadership · form 990 part vii · fy2024

Who runs it

board members · 7
  • ANNI WILHEMI — BOARD MEMBER
  • FERNANDO HERNANDEZ — BOARD MEMBER
  • GABRIELA FIORINI — BOARD MEMBER
  • LORI EPSTEIN — BOARD MEMBER
  • MAR SANTANA ROLLAN — BOARD MEMBER
  • MARIA PUIG — BOARD MEMBER
  • WENDY SHEN — BOARD MEMBER
relationships · 75

Who they work with

  • ACE Health Foundation Partner — Allied organization working with IWEC to support the empowerment of women-owned businesses worldwide.
  • ACE Health Foundation Partner — Diamond sponsor supporting the IWEC Foundation's initiatives.
  • AIDDA Partner — Italian affiliate organization supporting women entrepreneurs in Italy.
  • American Chamber of Commerce Azerbaijan Partner — Chamber partner in Azerbaijan
  • American Chamber of Commerce Shanghai Partner — Chamber partner in Shanghai, China
  • Association of Business Women in Serbia Partner — Affiliate organization advancing IWEC's mission in Serbia by supporting women entrepreneurs.
  • BPW International Partner — Global affiliate organization collaborating with IWEC to support professional women.
  • Bahrain Business Women Society Partner — Affiliate organization promoting women's entrepreneurship in Bahrain.
  • Bahrain Entrepreneurship Organization Partner — Affiliate organization supporting women entrepreneurs in Bahrain.
  • Bangladesh Women’s Chamber of Commerce & Industry Partner — Chamber partner in Bangladesh
  • Bogotá Chamber of Commerce Partner — Chamber partner in Colombia
  • British Chamber of Commerce Indonesia Partner — Chamber partner in Indonesia
  • Business Women Forum Partner — Palestinian affiliate organization supporting women entrepreneurs in Palestine.
  • Business and Professional Women Association – Amman Partner — Jordanian affiliate organization advancing women's economic empowerment in Jordan.
  • Caixa Bank Partner — Founding sponsor supporting the IWEC Foundation's initiatives.
  • Cape Chamber Partner — Collaborates with IWEC Foundation on the Dreams Beyond Borders mentee program for women entrepreneurs.
  • Cape Chamber of Commerce & Industry Partner — Chamber partner in South Africa
  • Central Asian Chamber of Commerce Partner — Chamber partner in Central Asia
  • Chamber of Commerce of Barcelona Partner — Founding chamber partner in Spain
  • Chamber of Industry and Commerce Bolivia Partner — Chamber partner in Bolivia
  • Chamber of Women Entrepreneurs Rwanda Partner — Chamber partner in Rwanda
  • Chittagong Women Chamber of Commerce & Industry Partner — Chamber partner in Bangladesh
  • Coca-Cola Partner — Diamond sponsor supporting the IWEC Foundation's initiatives.
  • Confcommerciao-Imprese per I'talia Partner — Italian business association affiliated with IWEC to support women entrepreneurs.
  • Cultural Vistas Partner — U.S.-based organization collaborating with IWEC on international exchange and professional development programs.
  • FICCI India Partner — Collaborated with IWEC to organize the first Southeast Asia Meet.
  • FICCI-FLO Partner — Collaborated with IWEC Foundation to host the South-East Asia Meet in New Delhi focused on women’s economic empowerment.
  • Federation of Indian Chambers of Commerce and Industry Ladies Organization Partner — Founding chamber partner in India
  • Female Wave of Change Partner — Dutch affiliate organization promoting gender equality and women's entrepreneurship.
  • Flomo Partner — Silver sponsor supporting the IWEC Foundation's initiatives.
+ 45 more
strategies · 3

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Knowledge and Market Intelligence Sharing for Entrepreneurial Growth
    methodology: knowledge-sharing education
    By providing women entrepreneurs with shared business knowledge, education, and market intelligence, the organization supports sustainable business growth because access to timely, actionable information improves decision-making, competitiveness, and innovation in global markets.
  • Mentorship and Peer Support as Capacity-Building Mechanisms
    methodology: peer_and_mentor_support
    By connecting emerging women entrepreneurs with established business leaders through mentorship, the organization strengthens business practices and growth strategies because peer and expert guidance builds confidence, transfers practical knowledge, and fosters resilient entrepreneurial ecosystems.
  • Network-Driven Empowerment and Market Access
    methodology: network-driven growth
    By leveraging a global network of chambers of commerce and women’s business organizations, the organization enables women entrepreneurs to expand into new markets and geographies because interconnected institutional partnerships increase visibility, facilitate cross-border collaboration, and unlock business opportunities that are otherwise inaccessible at the local level.