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GLOBAL FUND FOR WIDOWS INC

NEW YORK, NY · EIN 300506927 · Form 990 · FY2024 · NTEE P80 · Human Services · Small ($100K-$1M)
revenue
$762K
expenses
$813K
net assets
$1.2M
employees
4
program ratio
74%
mission · from form 990

ASSIST NEEDY WIDOWS AND THEIR CHILDREN

profile · synthesized from sources

Global Fund for Widows Inc assists widows and their children, primarily through education and economic empowerment programs. The organization provides academic tutoring support to widows and their families while also operating savings and loan associations that offer job training, skills development, and microfinance services. Based in New York, it serves widows in need across multiple regions with a focus on long-term self-sufficiency.

irs program accomplishments · form 990 part iii · fy2024

What they reported doing

  1. #1 primary $0
    ACADEMIC TUTORING AND ASSISTANCE PROGRAM: ASSIST WIDOWS AND FAMILIES IN PROVIDING TUTORING ASSISTANCE AND EDUCATION.
  2. #2 $598K
    WIDOWS SAVINGS AND LOAN ASSOCIATIONS: ASSISTED WIDOWS IN FINDING JOBS AND DEVELOPING SKILLS THROUGH TRAINING AND MICROFINANCE.
named programs · 2 · from sources

What they call their work

Academic Tutoring and Assistance Program
Provides tutoring and educational support to widows and their families to improve academic outcomes and access to learning resources
Widows Savings and Loan Associations
Supports widows through job placement, vocational training, and microfinance services to promote financial independence
activities · 3 groups

What they do

  • Women's Microenterprise and Livelihood Development 1 activity
    • Delivering job placement and skills training to widows through microfinance and training programs
      Provides direct job placement assistance, vocational training, and skill development to widows through integrated microfinance and capacity-building initiatives.
  • Women's Rights and Empowerment Grants 1 activity
    • Funding job placement and skills development for widows through grants
      Disburses grants to support external or affiliated programs that provide job placement, skills training, and microfinance services to widows.
  • After-School Academic and Enrichment Programs 1 activity
    • Providing academic tutoring and assistance to widows and their families
      Offers academic tutoring and educational support services directly to widows and their children to improve learning outcomes and family stability.
financials · form 990 · fy2024
revenue
Total revenue$762K
Contributions & grants$815K107%
Program service revenue$00%
Investment income$18K2%
Other revenue$-71K
expenses
Total expenses$813K
Program expenses74%
Admin / overhead14%
Fundraising12%
Salaries & benefits$278K
Grants paid out$224K
Largest expense lineCompensation
balance sheet
Total assets$1.17M
Cash$1.06M
Investments$0
Liabilities$3K
Net assets$1.17M
Liquid reserves15.6 mo
5 years on record · 2020–2024 · YoY revenue -9.1%
leadership · form 990 part vii · fy2024

Who runs it

board members · 14
  • ANGELA STULLEY — DIRECTOR
  • CAROL SLEEPER — DIRECTOR
  • CHRISTINE DAWOON — DIRECTOR
  • DOMINIQUE GHAZAR — DIRECTOR
  • ELENA YOON — DIRECTOR
  • FARHANG MEHREGANI — DIRECTOR
  • HEATHER I LEATHERS — PRESIDENT
  • HEBA EL NAZER — DIRECTOR
  • JENNIFER WU — DIRECTOR
  • JUNE MUNSHI — DIRECTOR
  • LAURA OSMAN — DIRECTOR
  • OLALEKAN AKINSOGA AKINYANMI — DIRECTOR
  • PIERRE DEBBAS — TREASURER
  • SANDY DEBBAS — VICE PRESIDENT
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.

  • Economic Empowerment through Microfinance and Training
    methodology: economic_empowerment_through_microfinance_and_training
    By offering job placement support, skills training, and access to microfinance, we increase widows’ economic self-reliance, because sustainable income generation is key to long-term independence and social reintegration.
  • Education Support for Vulnerable Families
    methodology: education_support_for_vulnerable_families
    By providing academic tutoring and educational assistance to the families of widows, we improve long-term stability and break cycles of poverty, because education is a foundational driver of upward mobility and resilience.