Public, Society Benefit

Scholarship and Endowment Fund of Women's Executive Council Inc.

  • Orlando, FL
  • www.wecOrlando.com

Mission Statement

Women's Executive Council unites professional women by creating opportunities to recognize and inspire women leaders and students to serve our Central Florida community.

Main Programs

  1. Scholarship and Endowment Fund
Service Areas

Self-reported

Florida

FL - Orange

ruling year

1993

Principal Officer

Self-reported

Organization is Volunteer Led

Keywords

Self-reported

Networking, Philanthropy, Professional Women Group, Scholarships

Sign in or create an account to view Form(s) 990 for 2015, 2014 and 2013.
Register now

Also Known As

Women's Executive Council

EIN

59-3194584

 Number

3047384850

Contact

Cause Area (NTEE Code)

Fund Raising and/or Fund Distribution (W12)

IRS Filing Requirement

This organization is required to file an IRS Form 990-N.

Programs + Results

How does this organization make a difference?

Overview

Self-reported by organization

Changing Lives -Women's Executive Council (WEC) of Orlando provides scholarships to women attending Valencia College, University of Central Florida, Rollins College, Florida Institute of Technology and Seminole State College of Florida. Our scholarships encourage personal growth, self-improvement and development of leadership skills. Since 1987, WEC has awarded over $325,340 in scholarship funds to women in Central Florida.WEC members offer Mentoring to the students who seek to work with leaders on a one to one basis. This year 14 or our 31 Scholars are working together with executives to achieve success in their chosen fields and areas of study. Providing Executive Women in Central Florida Networking & Educational Experiences -Monthly luncheon meetings provided members and guests networking and social opportunities. The meetings also showcase speakers that focus and enlighten on the needs of women or organizations in our community.

Programs

Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Program 1

Scholarship and Endowment Fund

Based in Orlando, Florida, the Women's Executive Council's Scholarship and Endowment Fund seeks to empower Central Floridian women by offering scholarships and mentoring to female students attending an approved local college or university. Eligible students must have a 3.5 GPA and must be on an educational path to a professional degree having registered for at least 12 hours at the University of Central Florida, Rollins College, Valencia College, Seminole State College or Florida Institute of Technology. Additionally, the Women's Executive Council seeks to provide wraparound service to scholarship recipients by offering mentorship. The Council is comprised of more than 80 professional women including business owners, entrepreneurs, skilled technicians, artisans and executives from various fields. The greatest gift we give to our scholarship recipients is a mentor. As important as the dollar value of the scholarships given out each year is to our recipients, the mentorship far exceeds that gift. It is our goal to be able to help the student with a particular skill, challenge them to move beyond their comfort zone, share resources and networks and offer friendship that focus on their total development as a professional female.

Category

Education, General/Other

Population(s) Served

Females, all ages or age unspecified

Budget

$39,440.00

Charting Impact

Self-reported by organization

Five powerful questions that require reflection about what really matters - results.

  1. What is the organization aiming to accomplish?
    Women's Executive Council began to focus our organization on fundraising to assist women completing their degrees in 1986. Since that time we have awarded funds to 213 women. Our scholarships and mentoring have changed the lives of women who have faced incredible odds and have overcome to become doctors, nurses, CPAs, attorneys and a plethora of other professionals now contributing to Central Florida. WEC goal is to continue to grow our program to award our $1972 scholarships to 50, 75 or even 100 women. On average each year WEC receives 150-300 applications from students who each have a 3.5 GPA or higher, 3 letters of recommendations, 50 hours of community service and a financial need. It is heart breaking not to be able to help each one.
  2. What are the organization's key strategies for making this happen?
    Our membership continues to grow and each year we increase the number of recipients. We have gone from $15,000 awarded in 2012 to $61,132 in 2016. We engage Corporate Partners and individual donors through our 1972 Society. Donors can name the Scholarship in honor of a loved one, their company or a famous woman figure who inspires them.We also allow monthly donations of $19.72 so individuals can contribute in a manner that works with their budget but still makes a difference. Our Women's Achievement Awards continues to grow in notoriety and Social Media has helped us to become a more recognized entity. Our membership puts on our events and their involvement is crucial to the growth of our fund raising. Growing our membership then is also a key to achieving our goals.
  3. What are the organization's capabilities for doing this?
    Our membership and the Women who have received our Achievement Awards are influential members of Orlando Society. Engaging each one to embrace our Mission has helped us to quadruple our gifting capacity in four years. WEC will tap these resources and invite participation to garner 1972 monetary donations, Silent Auction items and Advertisers. WEC has very talented volunteers doing our Web site and social media, accounting and marketing. Every dollar we collect in our 501C3 goes toward scholarships and that transparency is very meaningful to our benefactors.
  4. How will they know if they are making progress?
    Quite simply the addition of new Corporate Partners and the continued commitment of the five who have joined us for 2016 goes a long way to achieving our goals. We have an ongoing tally for the funds donated to scholarships so we keep a very close eye on the numbers we can award. Constant Accountability as we march Forward to 40 for 2017.
  5. What have and haven't they accomplished so far?
    Coming out of our 2016 Year we have already received funding for 10 scholarships in 2017. This is through the funds raised at our Women's Achievement Awards and donations during the ASK portion of the evening. We solicit sponsors for 2017 now through letters and proposals.
Service Areas

Self-reported

Florida

FL - Orange

Funding Needs

WEC Needs Statement1. $19,720 to provide $1972 scholarships to 10 women to further their education.2. $ 5,000 to provide micro-grants to local not-for-profits to support their special interest.

photos


External Reviews

Source: greatnonprofits.org

The review section is powered by Great Nonprofits

Financials

Financial information is an important part of gauging the short- and long-term health of the organization.

NEED MORE INFO ON THIS NONPROFIT?

Free: Gain immediate access to the following:
  • Address, phone, website and contact information
  • Forms 990 for 2015, 2014 and 2013
  • Board Chair and Board Members
  • Access to the GuideStar Community
Get all this now for free
Need the ability to download nonprofit data and more advanced search options? Consider a Premium or Pro Search subscription.

Operations

The people, governance practices, and partners that make the organization tick.

Scholarship and Endowment Fund of Women's Executive Council Inc.

Leadership

NEED MORE INFO ON THIS NONPROFIT?

Free: Gain immediate access to the following:
  • Address, phone, website and contact information
  • Forms 990 for 2015, 2014 and 2013
  • Board Chair and Board Members
  • Access to the GuideStar Community
Need the ability to download nonprofit data and more advanced search options? Consider a Premium or Pro Search subscription.

Principal Officer

Organization is Volunteer Led

Governance

BOARD CHAIR

Bobbi Govanus

Retriever Payment Systems

Term: Jan 2016 - Dec 2016

BOARD LEADERSHIP PRACTICES

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section, which enables organizations and donors to transparently share information about essential board leadership practices. Self-reported by organization


RESPONSE NOT PROVIDED

BOARD ORIENTATION & EDUCATION

Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations?


RESPONSE NOT PROVIDED

CEO OVERSIGHT

Has the board conducted a formal, written assessment of the chief executive within the past year?


RESPONSE NOT PROVIDED

ETHICS & TRANSPARENCY

Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year?


RESPONSE NOT PROVIDED

BOARD COMPOSITION

Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership?


RESPONSE NOT PROVIDED

BOARD PERFORMANCE

Has the board conducted a formal, written self-assessment of its performance within the past three years?