<h1>Frequently Asked Questions</h1>

Frequently Asked Questions

Ways to Support

Leadership

Endowment and Fundraising

Grantmaking

Research

Philanthropy Education

Other Topics


Ways to Support

How do I make a gift to Women's Fund?
Click here to make a one-time gift online or to establish a recurring gift at a schedule you choose—weekly, monthly, quarterly, semi-annually, or annually. From gifts of stock to charitable gift annuities, there are many other ways you can provide support beyond a gift of cash, check or charge. Learn more about other types of giving here.
Back to top

How can I become involved in Women's Fund?
Women's Fund has limited direct volunteer opportunities. Please contact us if you are interested in sharing your time and we will work to find a fit between your talents and interests with our organization, or suggest a grantee organization with which you could connect. We also welcome your support through financial gifts to our endowment, which enables our grants to women and girl serving organizations in central Indiana.
Back to top

 

Leadership

Who is in charge of Women's Fund?

Women's Fund's lead staff member is Executive Director, Jennifer Pope Baker. Women's Fund's Advisory Board, led by Chair Melissa Proffitt and Vice Chair Brenda Horn, oversees all functions. Women's Fund has our own Advisory Board, and holds ultimately accountability to Central Indiana Community Foundation's CEO, Brian Payne, and Board.
Back to top

Who are board members for Women's Fund and what is their role in directing Women's Fund's activities?
Women's Fund Advisory Board members are listed here. Primary functions of the Women's Fund Advisory Board are to oversee the operational budget, grants from Women's Fund's endowment, Advisory Board nominations, fundraising, strategic planning and mission direction.
Back to top

What is Women's Fund's relationship to Central Indiana Community Foundation (CICF)?
Women's Fund is a special interest fund of Central Indiana Community Foundation. Women's Fund benefits greatly from this strategic alignment, which allows us to operate efficiently and maximize available resources. All endowment assets are invested alongside CICF's and are ultimately managed by CICF's Investment Committee. Women's Fund employees are staff members of CICF, and overhead, information technology, and human resources support are all provided by CICF.
Back to top

 

Endowment and Fundraising

What is an endowment fund?
An endowment is a permanent fund. The assets are intended to grow over time through appreciation and earnings of the investment portfolio. Each year, five percent of Women's Fund's endowment fund is withdrawn and used to fund grants keeping with our mission from women and girl serving organizations in central Indiana. Giving to the Women's Fund allows your money to continue to make a difference now and for generations to come. Since only a portion of the investment earnings and appreciation is spent each year, your gift remains invested in perpetuity. Learn about types of giving here.
Back to top

How big is the fund?
As of December 31, 2016, Women's Fund assets total over $14.5 million; endowment assets total over $12.9 million.
Back to top

What are your overhead/administrative costs?
Women's Fund overhead and administrative costs are kept to a minimum, thanks in part to strategic alignment with Central Indiana Community Foundation. We fee ourselves 2% of the endowment and raise money from corporate Partners specifically for the purpose of supporting our operations. Our administration costs include staff salaries and benefits, office supplies, philanthropy education program costs, and community leadership expenses which include providing guidance to grantee organizations.
Back to top

How do you raise money?
We work with individuals interested in helping women and girls in central Indiana who make gifts to our permanent endowment. Learn more about types of giving here. We work with corporations, known as Partners, interested in supporting our daily work through gifts to our operating fund. And, we also work with families who want to instill in their children a sense of self and community, money management, meaningful service, and philanthropic inspiration through our philanthropy education program for children, GO: Give Back.
Back to top

Are you a 501(c)(3)?
Yes, we are a 501(c)(3) as part of Central Indiana Community Foundation.
Back to top

Is my donation tax-deductible?
Yes, your donation is tax deductible.
Back to top

Can I indicate where I want my donation directed?
You can designate your gift to the Women's Fund Endowment or Operating Fund. Our grantmaking adapts to meet the changing needs of women and girls in central Indiana now, and into the future, so your gift may not be directed to a specific organization or focus area.
Back to top

 

Grantmaking

What does Women's Fund support?
Women's Fund provides grants to nonprofit organizations helping women and girls in a variety of life stages. We currently target issues such as quality affordable child care, preventing and addressing domestic abuse and sexual assault, and preparing for joining and staying in the workforce, including business ownership. Learn more about grants we have made here.
Back to top

How does Women's Fund decide what to fund?
Women's Fund has established requirements, outlined in our grant application guidelines each year. Qualifying grant proposals are reviewed by Women's Fund staff and the Women's Fund Grants Committee, comprised of individuals representing diverse perspectives and experience. The committee discusses each proposal and determines an appropriate distribution of our available funds to organizations aligned with our mission and funding priorities. The committee recommendations are then sent to Women's Fund Advisory Board for final approval, whereupon the grants are then distributed.
Back to top

Who do you help?
We help women and girls served by nonprofit organizations in central Indiana. Learn more about organizations we support here.
Back to top

Do you focus on a specific age group?
No, we focus on females in any stage of life.
Back to top

What is your geographic scope?
Grants from Women's Fund are made to nonprofit organizations serving women and girls in eight central Indiana counties: Boone, Hamilton, Hancock, Hendricks, Johnson, Marion, Morgan, and Shelby.
Back to top

 

Research

How does Women's Fund conduct research?
Women's Fund compiles research from credible sources in our field. We commission our own unique research on occasion. Download our most recent publication, Still on Shaky Ground 2011.
Back to top

What are the top funding issues?
Our current priority issues are caregiving, domestic violence, and insufficient income. Our long-term funding interests include health, self-development, and economic empowerment.
Back to top

 

Philanthropy Education

What is philanthropy?
Philanthropy is actively promoting the welfare of others, including giving of one's time or funds.
Back to top

How does Women's Fund teach philanthropy?
We teach philanthropy through two innovative education programs, GO: Give Back for school-age children, OPTIONS for women age 25-45, and Perspectives for women age 46-106.
Back to top

How do I involve my children in GO: Give Back?
Learn more about GO: Give Back here or contact us to discuss this personally.
Back to top

How can I sign up for OPTIONS?
OPTIONS is a competitive, application-based program for women age 25 to 45, in which twenty women participate each calendar year. Informational sessions occur in the fall prior to the class year and applications are distributed at that time. Each class is typically announced in November. To learn more about OPTIONS and how to get involved, visit the OPTIONS page.
Back to top

How can I get started with Perspectives?
Women’s Fund donors contributing $500+ annually qualify for Perspectives benefits and will be provided opportunities to participate in a variety of events throughout the year. To learn more, visit the Perspectives page.
Back to top

 

Other Topics

Do you take a political position or do legislative advocacy?
We are apolitical and do no legislative advocacy. We follow IRS standards established for 501(c)(3) organizations.
Back to top


 

Save

Save

Save