Womens Forum Inc

“The members shall be fixed by the board of directors from time to time, but shall not be less than 101.”

“The officers, directors, and membership-elected members of committees shall be elected at the annual meeting of the membership.”

“Amendments to the by-laws of the organization require the approval of the members.”

“The women's forum inc. Has its form 990 prepared by an outside accounting firm and has established the following review process to ensure that the information reported is complete and accurate. After the form 990 has been prepared, it is reviewed by the board treasurer, and the executive director with the outside accounting firm. Once it is ready to be filed with the internal revenue service ("irs"), it is electronically sent to the board members of the organization.”

“The women's forum has a conflict of interest policy. In accordance with the policy a conflict of interest statement is completed annually by directors and officers as well as management staff. The forum is aware that acquiring goods or services from, or engaging in transactions with, its officers, directors, members of their families or entities in which they have a financial interest or with which they are affiliated (such persons and entities are referred to collectively as "interested parties") may create an appearance of impropriety. In order to protect the forum against any improper appearance, the forum will restrict its business dealings with interested parties as follows: (a) the forum may acquire goods or services from, or otherwise transact business with, an interested party if the board determines in its judgment that the goods or services provided to the forum are, or the transaction is, on terms no less advantageous to the forum than the terms that are available to the forum from third parties. If an interested party offers terms which are as advantageous to the forum as terms offered by another vendor, the forum may, but shall not be required to, consider other benefits derived by it from the interested party (e.g. Past or anticipated services rendered or financial support) in selecting between otherwise equally desirable vendors. (b) whenever the forum is considering acquiring goods or services from, or entering into a transaction with, an interested party, the details that create the interested party relationship shall be disclosed to the forum in writing. A copy of the disclosure shall be supplied to the board. (c) the forum shall enter into a transaction with an interested party ) an "interested party transaction") only if the board is made aware of the information referred to in section 1 (b) of this policy and the majority of the directors then serving approve the transaction as being fair and in the best interests of the forum. For purposes of the preceding sentence, any director who is (or has an interest in or is related to) the interested party that is a party to a proposed transaction shall not be considered a director (including, without limitation, for the purpose of determining a quorum), shall not participate in the vote on the transaction, and shall not attend any meeting while the approval of the transaction is considered. Not withstanding the foregoing, however, prior approval of the board of directors shall not be required if the transaction falls below a de minimis threshold established by the board. (d) the board shall either create a conflict of interest committee consisting of members of the board (or assign to an existing committee of the board) to which the board delegates responsibilities to: 1. Monitor transactions with interested parties; 2. Make such recommendations as it may deem appropriate from time to time for actions to be taken by the board with respect to interested party transactions; 3. Interpret the articles of incorporation, by-laws and specifically this policy, relating to conflicts of interest; 4. Establish such criteria as it may deem appropriate for de minimis transactions that need not be approved hereunder; and 5. Report at least once in each calendar year to the board on the activities of the committee.”

“The compensation of the executive director was determined by the board president and treasurer. During 2019, the compensation determination was made utilizing comparability data from other similarly situated not-for-for profit membership organizations. In december of 2021, the board president and treasurer discussed and approved a 3% cost of living increase to the executive director's base salary. The compensation approval was contemporaneously documented in the organization's files.”

“The organization makes its form 990 available for public inspection as required under section 6104 of the internal revenue code. A copy of the return is posted on guidestar.org and other similar types of websites. In addition, the financial statements, conflict of interest policy, articles of incorporation and by-laws are also available upon written request or by calling the organization directly.”

“The women's forum of new york is an invitation-only organization of more than 500 women representing the highest levels of achievement across all professional sectors and spheres of influence in our city. Founded in 1974, when women were first entering the executive ranks, today's women forum members are recognized among new york's thought leaders, influencers, trailblazers, policymakers, change agents, power brokers, innovators, icons, creators and business builders. The forum is an inclusive community of extraordinary women who network with peers, help one another succeed and share unique experiences. We believe the potential for cross-collaboration among our diverse membership ignites progress and transformation for all of us. Wfi advances women's leadership in the following ways: - through our core programming which provides personal and professional enrichment to our members. - through our women's forum of new york's fellows program which provides education awards to high potential women whose careers have been derailed by adversity. - through our women's forum of new york's corporate board initiative which educates and celebrates the expansion contribution of women leaders through participation on corporate and civic boards. - through a ceo sponsored database of board ready women.”

“On december 31st, 2022, women's forum, inc. Was dissolved and ceased conducting its program services. Its program activities were merged into those of the women's forum of new york, inc. (a related (c)(3) organization) effective january 1, 2023.”

“Contribution of net assets to women's forum of new york, inc. -716,300.”

“As a result of the dissolution and merger on december 31, 2022, with women's forum of new york, inc. (surviving entity), responsibility for oversight of the compiled financial statements has been transitioned to the women's forum of new york, inc. Board treasurer.”