Saturday, November 28, 2020

Positive Change Through Thoughtful Giving

About Us

Idaho Women’s Charitable Foundation is a membership organization created to expand the number of women involved in philanthropy in Idaho and to commit its members’ resources to significantly impact the needs within the greater Treasure Valley.

IWCF was founded in 2001 to inspire women to become leaders in the area of philanthropy and to demonstrate the impact that pooled monies can have in bringing positive change to our communities. Anyone who is willing to commit to an annual membership contribution of $1,100 for three years may become a member of IWCF.

IWCF is mainly administered through a base of dedicated member volunteers who are supported by part-time office staff. Our aim is to keep the philanthropy dollars in the community and to be sustainable at the same time. We pride ourselves on keeping our operation costs very low. We try to do it as simply as possible and with much thought to financial responsibility.

  • Location: 9454 W Fairview Ave, Suite 120 Boise, ID 83704
  • Phone: (208) 343-IWCF (4923)
  • Office Hours: Monday – Friday, 9:00 a.m. to 2:00 p.m. except for holidays and July

The funds are managed by the Treasurer under direction and guidance of the Finance Committee and the Board. All accounts are insured through FDIC.

Our grants are focused in the Treasure Valley, including Ada, Canyon, Elmore, Owyhee, Boise and Valley counties. The founding members are from Treasure Valley, and are most familiar with charitable needs and trends in this area. Additionally, we are able to monitor the accountability of our grants closer to this base. Specific information is available on our grant application which lists the ten counties we fund grants.

IWCF funds diverse organizations – not just women’s and children’s groups. The Grants Committee will annually research area nonprofits’ needs and request proposals from organizations in several broad areas of interest.

Several years ago, IWCF completed a challenge opportunity to raise $150,000 in pledges and receive matching funds to create the beginnings of the Susan Smith IWCF Endowment to support our operations. We are excited about this fund because it allows IWCF to carry on our good works into perpetuity.

Membership

The collaborative giving concept leverages your membership contribution and those of other members to make a more significant impact. The educational component of IWCF allows you to become a more informed charitable donor. Additionally, your knowledge of the community can be shared with other members. You can continue to give to your own personal interests with the $500 as your individual designation.

The advantage of combining funds with other members allows your foundation or advised fund to participate in the significant impact of a pooled contribution. IWCF may also allow you to meet additional philanthropic interests not necessarily addressed in your private foundation or advised fund.

  • $1,125 per year (starting July 2019). The entire amount is tax deductible.
  • $500 is credited to the pooled-fund for the grants process.
  • $500 is directed to the nonprofit of the member’s choosing either in a single donation of $500 or two donations of $250 each as Individual Grant Designations (IGD).
  • $125 goes toward IWCF operating expenses

One purpose of IWCF is to help demonstrate the impact of larger donations. The $1,125 allows both for sizable donations to be made in your name from your individual account and contributes $500 to the pooled funds.

While IWCF was initially formed as a group of women, we certainly do not discriminate against gender! Men are encouraged and welcome to join if they are committed to the goals and objectives of the organization.

Yes! It is such a powerful way to share and spread the spirit of philanthropy when members give the gift of membership  to children, grandchildren, or friends!

We believe investing in our community is a rewarding journey. We encourage you to consider a three-year investment for this journey. Three years will provide you with a solid knowledge of the organization, enhance your experience, and show you the impact of your giving.   

IWCF membership is held by individual persons only and is non-transferable, regardless of the source of payment for any member’s annual donation (e.g., a person other than the registered member, an organization, or other entity making payment on behalf of the member). The individual member is the specific person who is identified as such in the completed member registration form. IWCF does not have an institutional or organization membership category.

We encourage you to designate as soon as you renew. Each year at renewal time we also include an Individual Grant Designation (IGD) form for you to fill out. We provide options for you to do this online or in hard copy.

Each member is requested to make their individual grant designation of $500 in a distribution of either two grants for $250 each or one grant for $500. IWCF will make contributions in each member’s name to those organizations qualified by the IRS as having 501(c)(3) tax-exempt status, government entities such as schools, public libraries and park departments (as long as the grant furthers a public purpose), and religious organizations. There is no geographic restriction, within the United States, to these individual gifts.

You may also designate to the IWCF Pooled Fund, the IWCF Administrative Fund, or the Susan Smith Idaho Women’s Charitable Foundation Endowment Fund.

To make sure we get your money back into the community quickly, members have until March 31 to make their IGDs. If you choose to make your IGD to the current year’s Pooled Fund, please make your designation by January 31. Individual grant designations not assigned by March 31, will be transferred to the Pooled Fund. Please call the office if you need special accommodation for your IGD.

Once the individual membership donation is paid, the amount the member contributes to the pooled fund for a given year will be awarded in accordance with the majority membership vote process for pooled grants. Each member only has the ability to control the IGD portion of their membership contribution, directing it as either one $500 gift or two gifts of $250.

Participation and Committees

IWCF members are ONLY required to make their annual contribution, disburse their individual designation, and vote on the distribution of the pooled funds.

We appreciate all of our members and embrace each individual’s personal level of contribution. It’s O.K. if you don’t have time for IWCF events right now, we’ll still be here when you do.

IWCF does not conduct fundraising events. We may seek underwriting/sponsorships from businesses or corporations for specific purposes. The organization’s grant funding comes only from your contributions. Members do have the additional opportunity to contribute to our endowment fund to support our long-term sustainability.

Sharing your time and talents are a great way for you to make a personal impact and to really get to know this organization.  Members find that when they are involved it greatly enhances their enjoyment of IWCF. There are many small ways to participate if or when you choose:

  • Attending educational programs throughout the year focusing on the areas in the community to which IWCF makes grants, philanthropy and personal leadership development.
  • Participating in social events to get to know other IWCF members and to introduce potential new members to the organization.
  • Celebrating our grantees at the Annual Meeting.
  • Being an on-call volunteer to assist as needed with office-related projects.

Serving on a committee is welcomed and rewarding. We have spots available to accommodate you for a little or a lot of time.  Please contact us by email: Information@IWCFBoise.org or (208) 343-4923 or fill out our online Volunteer form.

Committee:

Education: Presents events on informed giving and our community’s charitable needs.
Events: Coordinates logistics of IWCF events.
Finance: Advises and plans for the organization’s financial stability and sustainability.
Governance: Provides guidance to the Board to foster best management practices on an as-needed basis.
Grants: Researches and nominates the nonprofit finalists for the pooled-fund grant ballot.
Grants Assessment: Evaluates grant project progress.
Grants Steering: Provides continuity and long-term strategy for grants
Leadership Development: Slates the Board of Directors for election and helps members get involved in IWCF committees.
Marketing & Communications: Develops strategies for increasing public awareness and for keeping members informed about IWCF events and activities.
Membership: Hosts events for members and plans activities for attracting new members.
Symposium: Plans the theme, program and logistics, and raises community support for the biennial education event.
On-call volunteer: Assists as needed with office-related projects.

It is really helpful to the crew planning and organizing our IWCF meetings and events. We want to make sure that we have adequate food, beverage, chairs and handouts. Lunch is offered for most mid-day events. Even if you opt out of lunch, please let us know that you will be attending so we will have a seat and your IWCF name badge ready for you.  

We ask that you send your payment in advance with your RSVP via the IWCF website, the link in the electronic communication, or by mail, if applicable. We strive to get members in the door quickly without needing to wait in line.

  • Members are almost ALWAYS encouraged to bring guests, but whenever you see the “Plus 1” logo (below), please know that you are especially encouraged to do so. Honestly, the best recruitment method we have found is word-of-mouth with a personal invitation (let us know if you need help – we can send them more information or meet with your guest if that will help)
  • Only members may attend the Grants Site Visit, Ballot Decision Meeting and Q&A Socials.
  • Spouses and significant others count as guests and we love for them to share in all of the good works. Please invite them to our events.

All members get a name badge with the year they join. New members will have a blue ribbon on their name badges. We try our best to collect the badges from you at the end of every event so that they can be stored in the office and available to you at events.

Renewal and Payment

Renewal contributions can be given at any time during the year, but our cycle of renewal is November 1-January 31, so members can select the tax year that works best for them. Renewal letters will be emailed (unless you request a hard-copy packet from the office) to ALL members each November requesting member payment and contact information updates. Renewals must be postmarked or hand-delivered to the office by December 31st in order to receive a tax deduction for the current year. We ask for your renewal by January 31st so we will know how much will be available for the pooled-fund grants.

YES! You can pay online at our website with PayPal, credit or debit cards for a small fee. We accept payment by check or transfer of publicly traded securities. Instructions for the transfer of a gift of stock is here or on the Members Only Site under the Member Tools button.

Company matching is encouraged and gratefully accepted! It is up to the member to determine if a company matching gift is to help pay for a portion of her membership fee or is intended to be an additional gift to be directed toward the pooled-fund, endowment fund, or an unrestricted gift to IWCF.

Yes. The next payment plan option is available for the 2020-2021 renewal year starting February 2020 and going through January 2021. The cost is $100/month for a total of $1,200. You must pay with a PayPal account or through automated payments from your financial institution.