2020 Impact Report
Explore Our Interactive
Impact Report
When all women and girls thrive, families and communities thrive. Take a look at our latest impact report!
2020 Impact Summary
Impact and Innovation
See the annual report highlighting 2020 investments and impact in this summary brochure.
The Women’s Foundation of Minnesota is committed to managing financial resources efficiently, effectively, and transparently.
We welcome inquiries related to our investment strategies, partners, and performance. Please contact Heidi Walsh, Vice President of Finance and Operations, with questions or to request more information at 612.236.1858 or heidi@wfmn.org.
Annually, the Women’s Foundation of Minnesota engages independent auditors to audit our financial statements and review the effectiveness of our internal controls. Results of our audit are typically released in August. These are available for download below.
Additionally, the Foundation prepares an annual IRS Form 990, an informational return for U.S. tax-exempt organizations and nonexempt charitable trusts reporting assets, investments, expenses, and grant activity. These are available for download below.
The 2016-2026 Strategic Plan is available upon request. Please contact us by email or phone at 612.337.5010.
Overhead in Grantmaking
The Women’s Foundation of Minnesota makes strategic investments to maximize the impact of our grantmaking, policy, and research. Our grantmaking policy is to support no more than 15% of an organization’s general operating budget through program and project-specific grants.
Audited Financial Statements
2020 Statement ›
2019 Statement ›
2018 Statement ›
2017 Statement ›
2016 Statement ›
2015 Statement ›
Excellence Recognition

GuideStar Platinum Level
The Women’s Foundation of Minnesota is committed to transparency and has achieved the GuideStar Platinum Level designation. Through GuideStar, we are happy to provide you detailed financial information about the Women’s Foundation of Minnesota, including our most recent 990 forms, plus information on our governance, programs, impact, and more.
Access our report at GuideStar ›

Charities Review Council’s Accountability Standards
The Foundation also completes the Charities Review Council’s Accountability Standards Review process every three years, and renewed its Meet Standards seal in 2020.
See our listing at the Charities Review Council ›