Mary's Pence
Meets Standards
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
Mary's Pence meets the 20 Standards for Charity Accountability.
Stated Purpose:
"to invest in women across the United States, Mexico and Central America by funding community initiatives and fostering collaborations to create social change."
Year, State Incorporated:
1987, MN
Mary's Pence reports that it funds grassroots women's organizations in the Americas that are working with their local communities to create long-term systemic change. The organization reports that it provides support in two ways: through grants and its ESPERA (Economic Systems Providing Equitable Resources for All) program. Through its grants program, Mary's Pence's funds provide seed money for small organizations that are new and as support for other organizations. The ESPERA program allows Mary's Pence to work with marginalized women in Mexico, Guatemala, Honduras, Nicaragua, and El Salvador. Mary's Pence states that the ESPERA program meets the concrete and immediate need for financial resources, provides long-term support for women through coaching on business and leadership skills, and works to strengthen its grassroots partners.
For the year ended June 30, 2024, Mary's Pence's program expenses were:
| Program services | $750,676 |
| Total Program Expenses | $750,676 |
Chief Executive
Katherine Wotjan, Executive Director
Compensation*
$93,240
Chair of the Board
Nancy Silva
Chair's Profession / Business Affiliation
Client Services Associate, Premier Inc.
Board Size
10
Paid Staff Size
10
*2022 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Direct mail appeals, Planned giving arrangements
Fundraising costs were 13% of related contributions. (Related contributions, which totaled $844,629, are donations received as a result of fundraising activities.)
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Mary's Pence's audited financial statements for the year ended June 30, 2024.
Source of Funds
| Contributions | $715,414 |
| Estate contributions | $129,215 |
| Investment income, net | $29,459 |
| Total Income | $874,088 |
Programs: 83% Fundraising: 12% Administrative: 5%
| Total Income | $874,088 |
| Total expenses: | $906,176 |
| Program expenses | $750,676 |
| Fundraising expenses | $106,371 |
| Administrative expenses | $49,129 |
| Other expenses | $0 |
| Income in Excess of Expenses | $-32,088 |
| Beginning Net Assets | $698,359 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $666,271 |
| Total Liabilities | $148,986 |
| Total Assets | $815,257 |
An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.
This report is not to be used for fundraising or promotional purposes.
RELATED CONTENT
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Meets Standards
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Standards Not Met
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Did Not Disclose
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Review in Progress
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Unable to Verify
Report completed by:
BBB Wise Giving Alliance