The 2010-2014 GFWC Strategic Plan was adopted by the 2008-2010 GFWC Board of Directors at its June 2010 meeting in Omaha, Nebraska. We welcome all members’ feedback on how we can achieve our goals:
GFWC will have dedicated, energetic, and well-informed leaders on all levels to effectively guide and govern the organization.
GFWC will be a valued, relevant, dynamic, and committed community service organization.
GFWC will provide unique programs and projects that enable GFWC clubs to meet the needs of their communities.
GFWC will be recognized as the premier international organization that unites women of all ages, interests, and experiences, who are dedicated to improving communities through a network of local clubs.
GFWC will develop and maintain financial resources to ensure sufficient funds to provide membership services and accomplish its programmatic goals.
GFWC will be a well-governed and managed organization.
Read the GFWC Annual Report to learn how GFWC members are making a difference in their communities. The Annual Report includes a breakdown of the dollars donated, hours volunteered, and projects completed by GFWC members in 2011-12.
Audited Financial Statements and IRS Form 990
GFWC’s audited financial statements are published here for its members. GFWC’s Board of Directors and management professionals act as stewards of the organization, but it belongs to its members, past, present, and future. We publish the audited statements as a commitment to transparency and accountability in governance.
The statements are prepared by Rogers and Company, PLLC, an independent audit agency. We conduct periodic reviews to assure continuing objectivity on the part of the auditors, who report to the Executive Committee of the General Federation of Women’s Clubs.
To assist you in viewing GFWC’s financial report in appropriate context, please consider the following:
Our program and activities follow a two-year administration cycle, but GFWC operates on a July 1-June 30 fiscal year.
GFWC’s Annual Convention occurs in the last month of each fiscal year, so we frequently collect income in one fiscal year, but pay expenditures for the previous year’s event in the another fiscal year. For example, income related to the 2012 GFWC Annual Convention was collected in FY2012, but certain expenditures related to the event are paid in FY2013, and will be so reflected in FY2013 financial statements.
The bottom line is that GFWC is in solid financial condition. At this time, a large portion of our income is generated by membership dues. We continue to increase our non-dues based revenue sources to maintain and increase our income, and continually evaluate cost-savings opportunities.
In compliance with Internal Revenue Service reporting requirements, the General Federation of Women’s Clubs has published Form 990, Return of Organization Exempt from Income Tax, under section 501(c) of the Internal Revenue Code.