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WX CHARITABLE FUND LTD

NEW YORK, NY · EIN 451019064 · Form 990EZ · FY2021 · Micro (<$100K) · wxnyre.com
revenue
$21
expenses
$25K
net assets
$0
employees
mission · from form 990

WORKING CLOSELY WITH WX INC., THE WX CHARITABLE FUND PROVIDED SCHOLARSHIPS TO PROGRAMS WHICH SUPPORTED THE CAREER DEVELOPMENT OF YOUNG WOMEN PURSUING CAREERS IN COMMERCIAL REAL ESTATE. THE FUND WAS APPROVED FOR DISSOLUTION IN 2022 AND ASSETS WERE FULLY LIQUIDATED AS OF FEBRUARY 2022.

profile · synthesized from sources

WX Charitable Fund Ltd. supported young women pursuing careers in commercial real estate through scholarships and career development programs in partnership with WX Inc. The organization hosted networking events, mentoring programs, and professional development breakfasts in New York City. It was approved for dissolution in 2022, with assets fully liquidated by February 2022.

named programs · 4 · from sources

What they call their work

Breakfast Series
Regular professional events featuring industry leaders discussing market trends, investment themes, and innovation in real estate
Mentoring Program
Year-long initiative pairing emerging professionals with industry leaders through workshops, panels, and networking events focused on career growth
WX Scholars Program
Provides scholarships and ongoing support to young women pursuing careers in commercial real estate, including alumnae engagement events
Woman of the Year Gala
Annual event honoring distinguished women leaders in New York's real estate industry
activities · 6 groups

What they do

  • Professional Networking Events 2 activities
    • Hosts professional development and networking events for members and scholars
      Organizes regular events including monthly breakfasts and evening panels featuring industry leaders, as well as annual gatherings such as Career Night, fall receptions, holiday events, and summer outings. These events focus on real estate topics, member engagement, and career development for both members and Scholars.
    • Operates invitation-only professional association for executive women in NYC real estate
      Maintains a selective membership network of approximately 250 executive women in commercial real estate in New York. Manages member recruitment, onboarding, and integration through dedicated events and communications, including an annual members-only fall reception and board planning meetings.
  • Women's Leadership & Career Advancement Networks 1 activity
    • Administers scholarship and mentoring program for women in real estate
      Provides full scholarships and operates a two-year mentoring program for female undergraduate and graduate students in real estate studies, pairing WX Scholars with executive mentors from its membership. The program includes structured events such as career panels, workshops on professional development, and networking opportunities to support career advancement in commercial real estate.
  • Women's Rights and Empowerment Grants 1 activity
    • Funds and supports community service and educational initiatives
      Provides grants and volunteer support to external organizations including the Young Women’s Leadership School of East Harlem and Habitat for Humanity Women Build. Also participates in judging real estate case competitions and contributes to workforce development through targeted philanthropy.
  • Women's Educational Advancement 1 activity
    • Funds scholarships for women pursuing careers in commercial real estate
      Awards grants to support education and career development for women in commercial real estate, including full scholarships to students across 32 schools. In prior years, the organization has funded approximately $2.4 million in scholarships and supported internship living expenses through dedicated grant programs.
  • Industry and Community Recognition Awards 1 activity
    • Hosts annual Woman of the Year Gala to raise funds and honor industry leaders
      Produces a major annual fundraising gala each October attended by over 500 professionals, honoring a distinguished woman in New York commercial real estate. Proceeds support the WX Scholarship and Mentoring Programs and other philanthropic initiatives.
  • Workforce Readiness Training 1 activity
    • Partners with external organizations to expand workforce opportunities for women
      Collaborates with Non-Traditional Employment for Women (NEW) since 2015 to support training and placement in skilled trades, including co-hosting workshops and participating in outreach activities. Also engages with SEO, Girls Who Invest (GWI), and plans to sponsor teams in Project Destined, broadening access to real estate careers.
financials · form 990EZ · fy2021
revenue
Total revenue$21
Contributions & grants
Program service revenue
Investment income
Other revenue$21
expenses
Total expenses$25K
Program expenses
Admin / overhead
Fundraising
Salaries & benefits
Grants paid out
balance sheet
Total assets$0
Cash
Investments
Liabilities
Net assets$0
3 years on record · 2019–2021 · YoY revenue -96.5%
leadership · form 990 part vii · fy2021

Who runs it

board members · 3
  • JENNIFER SCHWARTZMAN — VICE PRESIDENT & DIRECTOR
  • JULIE WONG — TREASURER & DIRECTOR
  • SONIA BAIN — PRESIDENT & DIRECTOR
relationships · 32

Who they work with

  • ADCO Electrical Corp Partner — Employer of Charlotte Sturgis, Deputy Chair of the Philanthropy Committee
  • AEW Partner — Employer of Lauren Holden, Chair of the Scholars Program Committee
  • Architecture Outfit Partner — Employer of Marta Sanders, Deputy Chair of the Mentoring Committee
  • Building for the Arts NY Partner — Employer of Wendy Rowden, Deputy Chair of the Gala Committee
  • Drechsler & Drechsler LLP Partner — Employer of Bea Drechsler, Deputy Chair of the Networking & Special Events Committee
  • Envoie Projects Partner — Employer of Adrienne Hepler, Chair of the Philanthropy Committee
  • First Hospitality Partner — Employer of Marissa Ballan, Deputy Chair of the Program Committee
  • Girls Who Invest (GWI) Partner — Invites young women from GWI to participate in educational sessions and Career Night events with WX mentees.
  • Habitat for Humanity Partner — Raises funds and sends volunteer teams to Women Build work sites.
  • Hillcrest Finance Partner — Employer of Samm Miller, Chair of the Networking & Special Events Committee
  • Hogan Lovells Partner — Hosts the WX Fall Reception and Annual Meeting at its venue.
  • J.P. Morgan Partner — Hosted a private roundtable discussion on negotiation skills at J.P. Morgan.
  • J.P. Morgan Asset Management Partner — Employer of Ann E. Cole, Chair of the Communications Committee
  • Korn Ferry Partner — Co-hosted a members-only luncheon on unlocking the path to the C-suite on April 3, 2025.
  • LMXD Partner — Employer of Katherine Kelman, Chair of the Program Committee
  • NEW Partner — Co-hosted events with NEW, including a conversation on empowering women in the trades on April 22, 2025.
  • Non-Traditional Employment for Women (NEW) Partner — Collaborates on skills workshops, panel events, golf outings, and holiday drives to support women in skilled trades.
  • Nutter McClennen & Fish LLP Partner — Employer of Robin Topol, Deputy Chair of the Scholars Program Committee
  • OneTeam Financial Partner — Co-hosted a lunch & learn event on retirement planning and myth debunking on March 19, 2025.
  • Park Madison Partners Partner — Organization led by honoree Nancy Lashine, recognized for leadership in advancing women in real estate.
  • Project Destined Partner — Plans to sponsor and mentor a team of young women in the Project Destined training program.
  • SEO Partner — Invites young women from SEO to participate in educational sessions and Career Night events with WX mentees.
  • Spencer Stuart Partner — Co-hosted a board readiness event with WX on February 5, 2025.
  • Venable LLP Partner — Hosted the kickoff cocktail reception for the 2023–2024 mentoring program.
  • Vibrant Partner — Collaborated with Vibrant to deliver a wellness workshop for mentors and mentees.
  • WX - New York Women Executives in Real Estate Network — WX is a membership network for executive women in commercial real estate.
  • WX INC. Partner — Collaborated with WX Charitable Fund Ltd to support career development programs for young women in commercial real estate.
  • WX Mentoring Program Partner — Provides mentoring and networking opportunities for WX Scholars as they enter the workforce.
  • WX, Inc. Partner — Collaborates with WX Charitable Fund Ltd. to support the WX Scholars Program and other initiatives.
  • Wells Fargo Partner — Employer of Caroline Mahl, Chair of the Gala Committee
+ 2 more
strategies · 2

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.

  • Integrated Scholarship and Career Pipeline Model
    methodology: comprehensive-scholarship-support
    By combining financial scholarships with mentoring, networking, and professional development, we produce stronger workforce integration for young women in real estate because holistic support addresses both economic barriers and social capital gaps in industry entry.
  • Mentorship-Based Professional Development
    methodology: mentorship-based professional development
    By pairing early-career women with established professionals through structured mentoring, we produce greater career advancement and workplace integration because direct knowledge transfer and relationship-building accelerate professional growth and industry access.