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WOMEN'S FORUM OF NEW YORK INC
NEW YORK, NY · EIN 133098501 · Form 990 · FY2024 · NTEE S81 · Community Improvement · Medium ($1M-$10M)
revenue
$1.1M
expenses
$1.6M
net assets
$1.7M
employees
6
volunteers
119
program ratio
58%
mission · from form 990

WOMEN'S FORUM OF NEW YORK, INC. MOST SIGNIFICANT PROGRAMS ARE:1. THE SCHOLARS PROGRAM (FORMERLY REFERRED TO AS THE FELLOWS PROGRAM) WHICH PROVIDES FINANCIAL AWARDS TO WOMEN 25 AND OVER WHO HAVE DEMONSTRATED HIGH POTENTIAL, BUT WHOSE EDUCATION AND LIFE PATH HAVE BEEN DISRUPTED BY EXTREME ADVERSITY. THESE WOMEN FREQUENTLY FALL OUTSIDE THE SCOPE OF TRADITIONAL SCHOLARSHIP PROGRAMS AND OUR AWARDS HELP THEM COMPLETE THEIR EDUCATION AND GET THEIR LIVES BACK ON TRACK. OVER 30 YEARS, THE WOMEN'S FORUM OF NEW YORK HAS RAISED MONEY THROUGH MEMBER DONATIONS AND OUR ANNUAL FUNDRAISER, THE ELLY AWARDS, ENABLING US TO HELP OVER 380 WOMEN REGAIN THEIR SELF-ESTEEM, RELAUNCH THEIR LIVES AND BECOME ROLE MODELS FOR THEIR FAMILIES. 2. THE CORPORATE BOARD INITIATIVE WHICH ADVANCES WOMEN'S LEADERSHIP ON CORPORATE BOARDS THROUGH EDUCATION AND OUTREACH.

profile · synthesized from sources

Women's Forum of New York Inc. supports women facing systemic barriers through two primary initiatives: the Scholars Program, which provides $10,000 financial awards to women 25 and older resuming education after extreme adversity, and the Corporate Board Initiative, which promotes gender balance on corporate boards by engaging top executives. The organization also offers member-driven programming for accomplished women leaders in the New York area. Founded in 1987, it has supported over 380 women through its scholarship program.

irs program accomplishments · form 990 part iii · fy2024

What they reported doing

  1. #1 primary $443K
    MEMBERSHIP PROGRAMMING - SEE SCHEDULE O.DESCRIPTION OF MEMBER PROGRAM:MEMBERSHIP IN THE WOMEN'S FORUM OF NEW YORK IS BY INVITATION ONLY. WOMEN OF ACCOMPLISHMENT, INFLUENCE, AND IMPACT ARE NOMINATED BY A CURRENT MEMBER.CANDIDATES ARE RECOGNIZED LEADERS IN THEIR FIELDS; PROACTIVE IN THE ADVANCEMENT OF WOMEN; INVOLVED IN CIVIC, NONPROFIT, AND PROFESSIONAL ASSOCIATIONS; AND COMMITTED TO ENGAGING WITH THE FORUM. WE SEEK A DIVERSE MEMBERSHIP, REFLECTING THE BREADTH OF INDUSTRY, AGE, AND RACE/ETHNICITY OF WOMEN LEADERS IN THE NEW YORK AREA.CANDIDATES ARE FORMALLY REVIEWED BY THE MEMBERSHIP COMMITTEE AND APPROVED BY THE BOARD OF DIRECTORS BEFORE BEING INVITED TO JOIN. THE MEMBERSHIP COMMITTEE HOSTS REGULARLY SCHEDULED GATHERINGS WHERE CANDIDATES MEET EACH OTHER AND LEARN MORE ABOUT THE FORUM.FORUM PROGRAMS SHARE THE UNIQUE INSIGHTS, ACCESS, AND EXPERIENCE OF OUR MEMBERS. OUR MEMBERS REPRESENT A BROAD ARRAY OF INDUSTRIES AND PROFESSIONS ENABLING US TO TAP INTO THE MOST EXCITING HAPPENINGS, IDEAS, AND PEOPLE OF NEW YORK CITY AND THE WORLD. FORUM MEMBERS SHARE AN INTELLECTUAL CURIOSITY AND ENTHUSIASM FOR LIFE IN OUR CITY. BY LEVERAGING OUR CONNECTIONS, WE CREATE A DIVERSE MIX OF IN-DEPTH PROGRAMS THAT EDUCATE, EMPOWER, ENLIGHTEN, AND ENTERTAIN.
named programs · 3 · from sources

What they call their work

Corporate Board Initiative
Advances gender balance on corporate boards by engaging CEOs, board chairs, and directors; includes the biennial Breakfast of Corporate Champions event
Membership Programming
Invitation-only network for accomplished women leaders in the New York area; offers educational, empowering, and networking events
Scholars Program
Provides annual $10,000 financial awards to 20 women aged 25 and over who are resuming college education after extreme adversity; formerly known as the Fellows Program
activities · 2 groups

What they do

  • Industry and Community Recognition Awards 2 activities
    • Digital public programs during Women's History Month
      Hosted a digital program featuring a pre-taped conversation between Michelle Obama and Valerie Jarrett during Women's History Month, which attracted approximately 600 attendees.
    • Recognition of companies advancing gender balance on corporate boards
      Organizes and hosts the biennial Breakfast of Corporate Champions event to recognize and honor companies that are advancing gender balance on corporate boards. The event was held in 2023 as part of this initiative.
  • Local High School Scholarship Programs 1 activity
    • Financial awards for women resuming education after adversity
      Distributes $10,000 financial awards to women aged 35 and over who are resuming college education after experiencing extreme adversity. In the reporting period, 20 such awards were distributed.
financials · form 990 · fy2024
revenue
Total revenue$1.12M
Contributions & grants$820K74%
Program service revenue$222K20%
Investment income$278K25%
Other revenue$-205K
expenses
Total expenses$1.57M
Program expenses58%
Admin / overhead31%
Fundraising11%
Salaries & benefits$596K
Grants paid out$200K
Largest expense lineCompensation
balance sheet
Total assets$1.78M
Cash$42K
Investments$1.68M
Liabilities$106K
Net assets$1.68M
Liquid reserves13.2 mo
5 years on record · 2020–2024 · YoY revenue -30.8%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 1
NameTitleHours/wkCompensation
SUZY E BROWN EXECUTIVE DIRECTOR 20 $246K
board members · 24
  • ANIK LAPOINTE — TREASURER
  • CAMILLE ASARO — DIRECTOR
  • CARRIE BARRATT — DIRECTOR
  • DAISEY HOLMES — PRESIDENT
  • DONNA PALUMBO-MIELE — DIRECTOR
  • ELIZABETH NIETO — DIRECTOR
  • EMMA CLURMAN — DIRECTOR
  • FELICE FORER AXELROD — DIRECTOR
  • FRANCES RESHESKE — VICE PRESIDENT
  • G ELAINE WOOD — DIRECTOR
  • GLORIA FELDT — DIRECTOR
  • ILENE WACHS — DIRECTOR
  • JEANNE KWONG BICKFORD — DIRECTOR
  • JESSICA L PORTER — SECRETARY
  • JOCELYNNE RAINEY — DIRECTOR
  • KAROL MASON — DIRECTOR
  • LOUISE PENNINGTON — DIRECTOR
  • MELINDA WHITE — DIRECTOR
  • PAM CRAIG — DIRECTOR
  • PAULA BENNETT — DIRECTOR
  • SAPNA SHAH — DIRECTOR
  • SHERRY WILLIAMS — DIRECTOR
  • STEPHANIE MEHTA — DIRECTOR
  • SUSAN ROBINSON — DIRECTOR
relationships · 1

Who they work with

  • BNY Mellon Partner — Co-sponsored a digital program featuring Michelle Obama and Valerie Jarrett, receiving program listing and access in return.
strategies · 1

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.

  • Top-Down Leadership Influence
    methodology: top-down leadership influence
    By targeting and influencing top-level corporate leaders (CEOs, chairs, directors), we accelerate the advancement of women on corporate boards, because systemic change in gender representation is most effectively achieved when driven by those in positions of power and decision-making authority.