irs program accomplishments · form 990 part iii · fy2023
What they reported doing
- #1 primary $781KONLINE INTENSIVE PROGRAM (OIP): OUR SELF-DIRECTED, ASYNCHRONOUS EDUCATIONAL PROGRAM, WHICH ALLOWS INDEPENDENT LEARNERS TO MASTER FINANCE AND INVESTING FUNDAMENTALS. A LIMITED SUBSET OF THIS POPULATION IS ALSO PLACED IN INTERNSHIPS.
- #2 $2.39MALUMNI CAREER INSTITUTE: CAREER ADVISORY SERVICES, COMMUNITY BUILDING, AND CONNECTIONS FOR OUR ALUMNI AT ALL STAGES OF THEIR CAREERS. ALL ALUMNI CAN ACCESS EXCLUSIVE CAREER RESOURCES AND FIND OTHER ALUMNI WORKING AT THEIR FIRM ON THE GWI CAREER PORTAL.
named programs · 3 · from sources
What they call their work
Alumni Career Institute
Career advancement program offering career placement, advisory services, professional development, and networking opportunities for alumni through a dedicated career portal and industry connections
Online Intensive Program (OIP)
Tuition-free, self-guided online learning experience that teaches core finance and investment concepts, developed in partnership with CFA Institute, Wall Street Prep, and Wharton Online
Summer Intensive Program
On-campus educational and leadership development program for scholars, including training in investment management and access to industry partners
activities · 6 groups
What they do
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Student Career Readiness and Internship Placement 2 activities
- Deliver tuition-free finance education and internship programs for undergraduate studentsOffers the Summer Intensive Program and Online Intensive Program, providing a unified curriculum in finance and investing fundamentals to first- and second-year college students, followed by internship placement opportunities. The four-week academic training at The Wharton School includes a seven-week paid internship in investment management.
- Facilitate internships for students in investment managementPlaces Scholars in internships annually through partner firms, with 175 to 200 internships facilitated in recent years as part of the Internship Track.
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Gender Equity Research and Advocacy 1 activity
- Advocate for gender representation in asset management through public commentaryPublished an op-ed in Bloomberg titled "Girls Who Invest’ Would Change Wall Street" to advance public dialogue on increasing women's representation in portfolio management and executive leadership roles.
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Industry-Specific Student Scholarships and Competitions 1 activity
- Fund fellowships for individuals in investment managementAwards the Kamla R. Hingorani Fellowship to support individuals forging new paths in the investment management industry, established in memory of Kamla R. Hingorani.
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Alumni Leadership and Career Support Programs 1 activity
- Provide career development and advancement programs for alumniOffers the Alumni Career Institute, Pathways, and the GWI Career Portal to support alumni with technical training, interview coaching, career advisory services, and networking opportunities. Includes asset-class-specific education and connections to partner firms.
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Mentorship and Professional Development Programs 1 activity
- Run peer and leadership development programs for early-career investorsOperates Investor Circles, a four-month peer-group program led by senior and mid-career investors, and the Investor Leadership Program, a cohort-based initiative featuring a three-day on-site intensive at The Wharton School followed by three months of remote programming.
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Women's Leadership & Career Advancement Networks 1 activity
- Support undergraduate students and alumni through capacity-building programs in financeProvides programming to attract and advance women in investment management, including technical and career development curricula. Has supported over 4,000 students from more than 100 academic majors and 200+ colleges across 50 states, serving over 600 graduates annually.
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financials · form 990 · fy2023
revenue
Total revenue$10.38M
Contributions & grants$9.90M95%
Program service revenue$00%
Investment income$478K5%
Other revenue$0
expenses
Total expenses$9.12M
Program expenses84%
Admin / overhead11%
Fundraising5%
Salaries & benefits$4.13M
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$25.95M
Cash$13.40M
Investments$2.12M
Liabilities$2.55M
Net assets$23.39M
Liquid reserves20.4 mo
4 years on record · 2020–2023 · YoY revenue -23.3%
leadership · form 990 part vii · fy2023
Who runs it
paid leadership · 7
| Name | Title | Hours/wk | Compensation |
|---|---|---|---|
| KATHERINE COLSHER | CHIEF EXECUTIVE OFFICER | 40 | $493K |
| DEFOSSETT MICHELLE | CHIEF OPERATING OFFICER | 40 | $357K |
| CHRISTINA MARIE KIM | HEAD OF PARTNERSHIPS | 40 | $290K |
| HEATHER PERCEVAL | HEAD OF PROGRAMS | 40 | $257K |
| CRINDELL N HUMPHREYS | DIRECTOR OF CAREER DEVELOPMENT | 40 | $245K |
| MARIA GRACIA ASAYAG | DIRECTOR OF RECRUITING AND ADMISSIONS | 40 | $187K |
| MAYELA IRAIS CALDERON | DIRECTOR OF DEVELOPMENT | 40 | $179K |
board members · 14
- ANNA NIKOLAYEVSKY — DIRECTOR
- BAL DAS — DIRECTOR
- BETTY HUNG — DIRECTOR
- BILGE YILMAZ — DIRECTOR
- CANDICE STACK — DIRECTOR
- COLLETTE CHILTON — DIRECTOR
- HEATHER MINER — DIRECTOR
- KIM LEW — DIRECTOR
- LARRY SCHLOSS — DIRECTOR
- LISA MCGOWAN — DIRECTOR
- MYRA DRUCKER — DIRECTOR
- PERRY GOLKIN — DIRECTOR
- SEEMA HINGORANI — DIRECTOR
- TINA BYLES WILLIAMS — DIRECTOR
relationships · 98
Who they work with
- Advent International Partner — Patron Partner of Girls Who Invest
- AllianceBernstein Partner — Supporter Partner of Girls Who Invest
- Amplify Her Foundation Partner — Supporter Partner of Girls Who Invest
- Angelo Gordon Partner — Supporter Partner of Girls Who Invest
- Apollo Opportunity Foundation Partner — Visionary Partner of Girls Who Invest
- Aquarian Holdings Partner — Supporter Partner of Girls Who Invest
- Arsenal Capital Partner — Supporter Partner of Girls Who Invest
- Bain Capital Partner — Supporter Partner of Girls Who Invest
- Berkshire Partners Partner — Supporter Partner of Girls Who Invest
- Big Brothers Big Sisters Partner — Worked to build and grow strategic partnerships with Big Brothers Big Sisters, indicating organizational alignment in mentoring and youth support.
- Blackstone Partner — Patron Partner of Girls Who Invest
- Bloomberg Partner — Anchor Partner of Girls Who Invest
- Bloomberg Partner — Published the founder's op-ed advocating for greater inclusion of women in investment management.
- Blue Owl Capital Partner — Supporter Partner of Girls Who Invest
- Brookfield Partner — Leadership Circle Partner of Girls Who Invest
- CFA Institute Partner — Collaborates with Girls Who Invest to provide online finance and investment curriculum modules for the Online Intensive Program.
- CFA Institute Partner — Education partner for the Online Intensive Program
- Cantillon Partner — Supporter Partner of Girls Who Invest
- CarVal Investors Partner — Supporter Partner of Girls Who Invest
- Cascade Asset Management Partner — Leadership Circle Partner of Girls Who Invest
- Causeway Capital Partner — Supporter Partner of Girls Who Invest
- Charlesbank Capital Partners Partner — Patron Partner of Girls Who Invest
- Churchill Logo Partner — Supporter Partner of Girls Who Invest
- City Year Partner — Previously developed corporate and strategic partnerships with City Year, suggesting shared goals in youth development and equity.
- Clearlake Capital Partner — Hosts an in-person session for the Los Angeles-based Investor Circles program.
- Clearlake Capital Partner — Patron Partner of Girls Who Invest
- Columbia University Partner — Collaborates with Columbia University through staff affiliations and recruitment partnerships, including involvement with Columbia College and Columbia Engineering admissions.
- Corbin Capital Partner — Supporter Partner of Girls Who Invest
- DE Shaw Partner — Patron Partner of Girls Who Invest
- Davidson Kempner Partner — Supporter Partner of Girls Who Invest
+ 68 more
strategies · 5
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.
- Comprehensive Pipeline Development for Women in Financemethodology: pipeline-developmentBy combining education, paid internships, mentorship, and sustained community engagement, we build a robust pipeline of women for leadership roles in investment management because integrated support systems address structural barriers and increase long-term career retention.
- Confidence and Leadership Through Community and Mentorshipmethodology: confidence-building through community and mentorshipBy embedding participants in cohort-based learning and peer-mentor networks with sustained alumni access, we build unshakable confidence and leadership capacity because belonging and role modeling counter imposter syndrome and increase persistence in male-dominated finance sectors.
- Diversity as a Driver of Investment Performancemethodology: diversity-for-performanceBy increasing representation of women in investment roles, we improve long-term investing success because diverse perspectives enhance team decision-making and reduce groupthink in portfolio management.
- Lifelong Career Advancement Through Integrated Supportmethodology: lifelong career support modelBy providing continuous career preparation, placement support, and community connection throughout a woman’s career journey, we improve long-term advancement in finance because sustained engagement adapts to evolving professional needs and increases resilience in high-turnover environments.
- Skills-First, Inclusive Selection and Self-Paced Learningmethodology: skills-based selectionBy selecting participants based on foundational skills like analytical ability and communication—and offering self-directed, asynchronous finance education—we enable broader access because removing prerequisites based on major or experience promotes equity and accommodates diverse entry points into finance.