Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Sep 1962.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
53 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
8 people listed on the 990.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Offers low-interest loans to qualified women pursuing higher education.
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Loans totaling $7,938,500 were approved during the year for 622 women; 4,836 were outstanding at year end with an aggregate balance of $47,071,387. Maximum loan for any woman is $20,000. Principal payments during the year totalled $9,955,782.
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Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2021 990, line by line.
Download 990
| Line | Start FY21 | End FY21 |
|---|---|---|
| Cash and savingsLn 1–2 | $7.0M | $9.3M |
| InvestmentsLn 11–13 | $23.4M | $25.6M |
| Total assetsLn 16 | $78.4M | $81.9M |
| LiabilitiesLn 26 | $0 | $0 |
| Net assetsLn 32 | $78.4M | $81.9M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Other salaries and wagesLn 7 | $173K | $157K | $15K | $1K |
| Pension plan contributionsLn 8 | $8K | $7K | $697 | $57 |
| Other employee benefitsLn 9 | $12K | $11K | $1K | $85 |
| Payroll taxesLn 10 | $13K | $12K | $1K | $92 |
| Legal feesLn 11b | $654 | $654 | ||
| Accounting feesLn 11c | $5K | $5K | ||
| Investment management feesLn 11f | $84K | $84K | ||
| Other fees for servicesLn 11g | $3K | $3K | ||
| Office expensesLn 13 | $163K | $54K | $109K | |
| OccupancyLn 16 | $8K | $3K | $5K | |
| Other expenses (24a–d)Ln 24 | $199 | $37 | $162 | |
| Total functional expensesLn 25 | $471K | $248K | $221K | $2K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest | $5.3M | $635K | $4.7M | $99.2M | 990 PDF |
| FY2024 | $5.8M | $429K | $5.3M | $94.5M | 990 PDF |
| FY2023 | $3.9M | $408K | $3.5M | $89.1M | 990 PDF |
| FY2022 | $4.1M | $503K | $3.6M | $85.6M | 990 PDF |
| FY2021 Viewing | $4.0M | $471K | $3.5M | $81.9M | 990 PDF |
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Schedules filed Part IV
See the full FY2021 990 (4 parts)
Part VIII · Statement of revenue $3,999,923 across 8 lines filed
Part IX · Statement of functional expenses $470,946 across 11 lines filed
Part X · Balance sheet $81,939,487 assets, 8 lines filed
Part XI · Reconciliation of net assets $81,939,487 net assets at year end
Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File
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