TORY BURCH FOUNDATION INC: Form 990, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- TORY BURCH FOUNDATION INC (EIN 26-3660127)
- Tax period
- 2020-10-01 to 2021-09-30
- Filed
- 2022-08-15
- IRS object ID
- 202212279349304401
- Schema version
- 2020v4.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-08-15T15:29:57-05:00 | ReturnTs |
| Tax Period End | 2021-09-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 271728945 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PKF O'CONNOR DAVIES LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 245 PARK AVENUE 12TH FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10167 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2020-10-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 263660127 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TORY BURCH FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | TORY | BusinessNameControlTxt |
| Phone | 6467236689 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11 WEST 19TH STREET 7TH FL | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10011 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ROBERT ISEN | PersonNm |
| Person Title | CHAIR | PersonTitleTxt |
| Phone | 6467236689 | PhoneNum |
| Signature | 2022-08-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | ROBERT | PersonFirstNm |
| Person Last | ISEN | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | GARRETT M HIGGINS | PreparerPersonNm |
| PTIN | P00543209 | PTIN |
| Phone | 2122862600 | PhoneNum |
| Preparation | 2022-08-15 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | LAURIE FABIANO | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11 WEST 19TH STREET 7TH FL | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10011 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $5,332,522 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.TORYBURCHFOUNDATION.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2008 | FormationYr |
| Legal Domicile State | DE | LegalDomicileStateCd |
| Activity Or Mission | TO EMPOWER WOMEN AND ENTREPRENEURS BY PROVIDING ACCESS TO CAPITAL, EDUCATION AND DIGITAL RESOURCES. | ActivityOrMissionDesc |
| Voting Members Governing Body | 14 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 14 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 120 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $5,365,048 | PYContributionsGrantsAmt |
| CY Contributions Grants | $5,217,468 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $60,033 | PYInvestmentIncomeAmt |
| CY Investment Income | $53,703 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $5,425,081 | PYTotalRevenueAmt |
| CY Total Revenue | $5,271,171 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $372,811 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $440,157 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $82,431 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $75,500 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $1,853,458 | PYOtherExpensesAmt |
| CY Other Expenses | $1,250,541 | CYOtherExpensesAmt |
| PY Total Expenses | $2,308,700 | PYTotalExpensesAmt |
| CY Total Expenses | $1,766,198 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $3,116,381 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $3,504,973 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $13,185,456 | TotalAssetsBOYAmt |
| Total Assets EOY | $16,860,389 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $448,807 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $655,340 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $12,736,649 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $16,205,049 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | TO EMPOWER WOMEN AND ENTREPRENEURS BY PROVIDING ACCESS TO CAPITAL, EDUCATION AND DIGITAL RESOURCES. | MissionDesc |
| Significant New Program Srvc | Yes (1) | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $626,160 | ExpenseAmt |
| Grant | $350,000 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | FELLOWSHIPS:FELLOWS PROGRAMTHE TORY BURCH FOUNDATION FELLOWS PROGRAM IS A NATIONAL PROGRAM FOR EARLY-STAGE WOMEN ENTREPRENEURS. WOMEN ENTREPRENEURS FROM ACROSS THE UNITED STATES SUBMIT APPLICATIONS ONLINE. 25 TO 50 ENTREPRENEURS ARE SELECTED ANNUALLY. EACH FELLOW RECEIVES ONE-YEAR OF VIRTUAL EDUCATION PROGRAMMING, WORKSHOPS AND BUSINESS GUIDANCE, A $5,000 GRANT FOR BUSINESS EDUCATION, AND ACCESS TO THE FOUNDATION'S PRIVATE ONLINE PEER COMMUNITY OF FELLOWS. IN NOVEMBER 2020, THE FOUNDATION LAUNCHED AN EXCLUSIVE LOAN PROGRAM IN PARTNERSHIP WITH KIVA TO PROVIDE $15-25K NO-INTEREST LOANS FOR WORKING CAPITAL NEEDS.IGI FELLOWSHIPIN NOVEMBER 2020, THE TORY BURCH FOUNDATION LAUNCHED THE TORY BURCH FELLOWSHIP IN PARTNERSHIP WITH THE INNOVATIVE GENOMICS INSTITUTE (IGI). ONE WOMAN SCIENCE ENTREPRENEUR WAS CHOSEN TO BE IMBEDDED AT IGI FOR ONE YEAR WITH THE USE OF THEIR LABS AND THEIR STAFF AS MENTORS. THIS ENTREPRENEUR ALSO HAD THE OPTION OF JOINING THE 2021 COHORT OF TBF FELLOWS AND HAVING ACCESS TO ALL TBF PROGRAMMING. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $370,000 | ExpenseAmt |
| Grant | $20,000 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | CAPITAL:THE TORY BURCH FOUNDATION CAPITAL PROGRAM POWERED BY BANK OF AMERICA PROVIDES WOMEN ENTREPRENEURS IN THE UNITED STATES THE OPPORTUNITY TO ACCESS AFFORDABLE LOANS THROUGH COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS. THE LOANS ARE MADE TO WOMEN ENTREPRENEURS OPERATING EARLY STAGE VENTURES IN ALL INDUSTRIES. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $327,043 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | EDUCATION PROGRAMS:SMALL BUSINESS WEBINAR SERIESAS A RESULT OF THE COVID-19 PANDEMIC, THE TORY BURCH FOUNDATION PIVOTED TO OFFER SMALL BUSINESS OWNERS CREDIBLE, QUALITY INFORMATION FOR FREE TO HELP THEM NAVIGATE THE CHANGING LANDSCAPE. STARTING IN APRIL 2020, THE FOUNDATION LAUNCHED A RECURRING SMALL BUSINESS WEBINAR SERIES TO PROVIDE THE MOST RELEVANT AND CURRENT INFORMATION FOR WOMEN BUSINESS OWNERS. THE SERIES IS MODERATED BY THE FOUNDATION TEAM, AND FEATURES TOP EXPERTS. ADDITIONALLY, THE FOUNDATION CONTINUES TO PRODUCE FREE ARTICLES AND ONLINE TOOLS FOR OUR COMMUNITY IN ORDER TO ENSURE SMALL BUSINESS OWNERS HAVE THE RESOURCES THEY NEED TO SURVIVE AND SUSTAIN BEYOND THE PANDEMIC.DIGITAL RESOURCESTHE TORY BURCH FOUNDATION WEBSITE IS A DIGITAL RESOURCE HUB WITH COMPREHENSIVE AND TIMELY CONTENT FOR ENTREPRENEURS. THERE ARE SCORES OF ORIGINAL ARTICLES ADDRESSING FINANCE, MARKETING, OPERATIONS AND MORE; INTERVIEWS WITH SUCCESSFUL BUSINESS LEADERS; AND TOOLS, SUCH AS A BUSINESS PLAN BUILDER. THERE IS ALSO A DONATION PORTAL FOR THE PUBLIC AT WWW.TORYBURCHFOUNDATION.ORG. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $145,934 | ExpenseAmt |
| Grant | $70,157 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | CAMPAIGN AND EVENTS:#EMBRACEAMBITION CAMPAIGN AND EVENTSTHE FOUNDATION'S INITIATIVE #EMBRACEAMBITION LAUNCHED IN MARCH 2017 AS A GLOBAL INITIATIVE TO CHANGE THE CULTURAL STIGMA AROUND AMBITION IN WOMEN. IN 2018, THE FOUNDATION LAUNCHED THE EMBRACE AMBITION SUMMIT, A ONE-DAY EVENT COMMITTED TO CONFRONTING STEREOTYPES AND UNCONSCIOUS BIAS. IN 2019, THE FOUNDATION CONTINUED ITS EFFORTS WITH THE EMBRACE AMBITION SERIES, WHICH VISITED 10 CITIES THROUGHOUT THE COUNTRY IN JUST FIVE DAYS. IN MARCH 2020, THE FOUNDATION HOSTED ITS SECOND EMBRACE AMBITION SUMMIT.EMPOWERED WOMEN CAMPAIGN IN APRIL 2021, THE TORY BURCH FOUNDATION CO-PRODUCED AND LAUNCHED EMPOWERED WOMEN, A NEW YEAR-LONG GLOBAL INITIATIVE WITH TORY BURCH AND MEDIA PARTNER UPWORTHY. THE CAMPAIGN CELEBRATES THE WAY WOMEN HAVE COME TOGETHER TO MAKE AN IMPACT IN THEIR COMMUNITIES. ALL YEAR, PEOPLE CAN NOMINATE SOMEONE WHO IS MAKING A DIFFERENCE IN HER COMMUNITY. EACH MONTH WE WILL SELECT ONE WOMAN TO FEATURE, AND THEY WILL RECEIVE $5,000 FOR THE NON-PROFIT OF HER CHOICE THROUGH THE TORY BURCH FOUNDATION.SEED BOXES THE TORY BURCH FOUNDATION WORKS TOGETHER WITH WOMEN ENTREPRENEURS TO CURATE A SELECTION OF PRODUCTS FOR SALE TO HELP PROMOTE THEIR BRAND AND EMPOWER WOMEN. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $145,934 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $70,157 | TotalOtherProgSrvcGrantAmt |
| Total Other Prog Srvc Revenue | $0 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $1,469,137 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | 0 | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | Yes (1) | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | 0 | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 52 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 14 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 14 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | Yes (1) | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | 0 | DocumentRetentionPolicyInd |
| Compensation Process CEO | 0 | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FLYNN FAMILY OFFICE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2122023230 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 139 WEST 50TH STREET 19TH FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10020 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (15 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| TORY BURCH | ||||||
| FOUNDER AND DIRECTOR | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| ROBERT ISEN | ||||||
| CHAIR | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| JAMES ROBINSON | ||||||
| SECRETARY | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| REEPAL SHAH | ||||||
| TREASURER | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| HAYLEY BOESKY | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| SUSAN DUFFY | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| YASMIN GREEN | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| TRACEY KOZMETSKY | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| PERRI PELTZ | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| DEBORAH ROBERTS | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| JAMIE TISCH | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| TONY TJAN | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| ANDREA WISHOM | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| VIVIAN ZELTER | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| LAURIE FABIANO | ||||||
| PRESIDENT | 40.00 | Yes (X) | $92,950 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $92,950 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp
Contractor Name ContractorName
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WORLDSTAGE OPERATIONS INC | BusinessNameLine1Txt |
Contractor Address ContractorAddress
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 259 W 30TH ST 12TH FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10001 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Services | ENTERTAINMENT TECHNOLOGY SERVICES | ServicesDesc |
| Compensation | $147,421 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 1 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $5,217,468 | AllOtherContributionsAmt |
| Noncash Contributions | $20,747 | NoncashContributionsAmt |
| Total Contributions | $5,217,468 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $7,509 | TotalRevenueColumnAmt |
| Exclusion | $7,509 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $107,545 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $61,351 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $46,194 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $46,194 | TotalRevenueColumnAmt |
| Exclusion | $46,194 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $5,271,171 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $53,703 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $80,145 | TotalAmt |
| Program Services | $80,145 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $350,000 | TotalAmt |
| Program Services | $350,000 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,012 | TotalAmt |
| Program Services | $10,012 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $75,500 | TotalAmt |
| Management And General | $75,500 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $37,312 | TotalAmt |
| Management And General | $37,312 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $81,744 | TotalAmt |
| Management And General | $81,744 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $137,291 | TotalAmt |
| Program Services | $137,291 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,920 | TotalAmt |
| Management And General | $23,920 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $138,480 | TotalAmt |
| Program Services | $119,480 | ProgramServicesAmt |
| Management And General | $19,000 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,705 | TotalAmt |
| Management And General | $7,705 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| MENTORING/EDU. EVENTS | $397,545 | $397,545 | |
| LOAN/LENDING COSTS | $350,000 | $350,000 | |
| PROGRAMMING/PRODUCTION | $76,544 | $24,664 | $51,880 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,766,198 | TotalAmt |
| Program Services | $1,469,137 | ProgramServicesAmt |
| Management And General | $297,061 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $375,657 | BOYAmt |
| EOY | $542,847 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,271,917 | BOYAmt |
| EOY | $11,576,927 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,460,373 | BOYAmt |
| EOY | $4,502,933 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $21,000 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $77,177 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $332 | BOYAmt |
| EOY | $216,682 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,185,456 | BOYAmt |
| EOY | $16,860,389 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $43,542 | BOYAmt |
| EOY | $135,823 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $350,865 | BOYAmt |
| EOY | $465,117 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $54,400 | BOYAmt |
| EOY | $54,400 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $448,807 | BOYAmt |
| EOY | $655,340 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,736,649 | BOYAmt |
| EOY | $16,205,049 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,736,649 | BOYAmt |
| EOY | $16,205,049 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,185,456 | BOYAmt |
| EOY | $16,860,389 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $3,504,973 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$36,573 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,240,743 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,870,640 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,932,433 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $5,365,048 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $5,217,468 | CurrentTaxYearAmt |
| Total | $17,626,332 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,240,743 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,870,640 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,932,433 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $5,365,048 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $5,217,468 | CurrentTaxYearAmt |
| Total | $17,626,332 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $13,125,320 | SubstantialContributorsTotAmt |
| Public Support Total170 | $4,501,012 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $42,164 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $74,866 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $126,118 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $60,033 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $7,509 | CurrentTaxYearAmt |
| Total | $310,690 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $17,937,022 | TotalSupportAmt |
| Public Support CY170 | 0.25090 | PublicSupportCY170Pct |
| Public Support PY170 | 0.29520 | PublicSupportPY170Pct |
| Ten Pct Facts Crcmstncs Test CY | Yes (X) | TenPctFactsCrcmstncsTestCYInd |
| Facts And Circumstances Test | IN ACCORDANCE WITH TREASURY REGULATION SECTION 1.170A-9(F)(3), THE TORY BURCH FOUNDATION IS PUBLICLY SUPPORTED BECAUSE IT NORMALLY RECEIVES A SUBSTANTIAL PART OF ITS SUPPORT FROM CONTRIBUTIONS MADE DIRECTLY OR INDIRECTLY BY THE GENERAL PUBLIC, THAT IS, ITS PUBLIC SUPPORT EXCEEDS 10% OF ITS TOTAL SUPPORT, AND IT MEETS THE OTHER REQUIREMENTS OF PARAGRAPH (F)(3). THE FOUNDATION ALSO MAINTAINS A CONTINUOUS AND BONA FIDE PROGRAM FOR SOLICITATION OF FUNDS FROM THE GENERAL PUBLIC.1. PERCENTAGE OF SUPPORTTHE TORY BURCH FOUNDATION'S PUBLIC SUPPORT PERCENTAGE IS 25.09%, WELL ABOVE THE 10% REQUIRED TO QUALIFY AS A PUBLICLY SUPPORTED ORGANIZATION WHEN MEETING THE FACTS-AND-CIRCUMSTANCES TEST. 2. SOURCES OF SUPPORTTHE FOUNDATION RECEIVED DONATIONS FROM MORE THAN 5,000 DIFFERENT DONORS OVER THE FIVE-YEAR MEASUREMENT PERIOD. THE FOUNDATION RELIES ON CONTRIBUTIONS, AND NOT ENDOWMENT FUNDS, TO SUPPORT ITS MISSION. IN GENERAL, THESE DONORS WERE NOT RELATED TO EACH OTHER.3. REPRESENTATIVE GOVERNING BODYTHE TORY BURCH FOUNDATION'S GOVERNING BODY - ITS BOARD OF DIRECTORS - REPRESENTS THE BROAD INTERESTS OF THE PUBLIC RATHER THAN THE PERSONAL OR PRIVATE INTERESTS OF A LIMITED NUMBER OF DONORS. BOARD MEMBERS INCLUDE CEOS, LAWYERS, PHILANTHROPISTS, CIVIC VOLUNTEERS, AND BUSINESS LEADERS ACROSS A WIDE VARIETY OF INDUSTRIES INCLUDING BANKING, EDUCATION, VENTURE CAPITAL, NOT-FOR-PROFIT FOUNDATIONS, MARKETING, AND FASHION. THE FOUNDATION'S BOARD THEREBY EMBODIES AND ESPOUSES AN EXTENSIVE CROSS-SECTION OF THE VIEWS AND INTERESTS OF THE NATIONAL COMMUNITY OF WOMEN ENTREPRENEUR. IN ADDITION, BOARD MEMBERS HAVE SPECIALIZED KNOWLEDGE AND EXPERTISE IN THE FIELD OF WOMEN'S ENTREPRENEURSHIP, AND ARE APTLY POSITIONED TO GOVERN AN ORGANIZATION THAT FOCUSES ON THE EMPOWERMENT OF WOMEN ENTREPRENEURS THROUGH ACCESS TO CAPITAL, ENTREPRENEURIAL EDUCATION, AND MENTORING AND NETWORKING OPPORTUNITIES. FOR EXAMPLE, VARIOUS BOARD MEMBERS ARE THEMSELVES ENTREPRENEURS, LEADERS IN BUSINESS AND FINANCE, AND/OR HOLD POSITIONS WITH OTHER ORGANIZATIONS THAT ALIGN WITH THE TENETS OF THE FOUNDATION, RESULTING IN A DEEP EXPERTISE IN THE FIELD OF WOMEN'S ENTREPRENEURSHIP. BOARD MEMBERS ARE REPRESENTED IN ORGANIZATIONS SUCH AS THE TRUSTEES COUNCIL OF PENN WOMEN AND THE INTERNATIONAL COUNCIL FOR SMALL BUSINESS, AMONG MANY OTHERS.ABBREVIATED BOARD MEMBER BIOGRAPHIES FOLLOW BELOW:TORY BURCHTORY BURCH IS THE EXECUTIVE CHAIRMAN AND CHIEF CREATIVE OFFICER OF TORY BURCH LLC, AN AMERICAN LIFESTYLE BRAND. TORY LAUNCHED THE COMPANY IN 2004 WITH A BOUTIQUE ON ELIZABETH STREET IN NEW YORK CITY AS WELL AS AN ECOMMERCE SITE. THE BRAND HAS SINCE GROWN INTO A GLOBAL BUSINESS WITH BOUTIQUES FROM NEW YORK TO PARIS AND SHANGHAI.IN 2015, SHE LAUNCHED TORY SPORT, A COLLECTION OF PERFORMANCE ACTIVEWEAR THAT BALANCES CUTTING-EDGE FUNCTIONALITY WITH CLASSIC DESIGN. SOCIAL RESPONSIBILITY WAS BUILT INTO TORY'S BUSINESS PLAN AND HAS BEEN A PART OF THE COMPANY FROM ITS INCEPTION. IN 2009, SHE LAUNCHED THE TORY BURCH FOUNDATION TO ADVANCE WOMEN'S EMPOWERMENT AND ENTREPRENEURSHIP IN THE UNITED STATES BY PROVIDING ACCESS TO CAPITAL, EDUCATION AND DIGITAL RESOURCES, AS WELL AS A FELLOWSHIP PROGRAM. TO DATE, OVER $75M IN LOANS HAVE BEEN DISTRIBUTED TO NEARLY 4,800 WOMEN ENTREPRENEURS THROUGH THE FOUNDATION'S CAPITAL PROGRAM POWERED BY BANK OF AMERICA.TORY ALSO SERVES ON SEVERAL BOARDS INCLUDING THE SOCIETY OF MEMORIAL SLOAN-KETTERING CANCER CENTER AND THE JAY H. BAKER RETAILING CENTER AT THE UNIVERSITY OF PENNSYLVANIA'S WHARTON SCHOOL. IN ADDITION, SHE IS A MEMBER OF THE COUNCIL ON FOREIGN RELATIONS AND OF THE FOUNDING ADVISORY COUNCIL OF THE SMITHSONIAN AMERICAN WOMEN'S HISTORY MUSEUM. TORY HAS BEEN RECOGNIZED WITH NUMEROUS AWARDS AND HONORS, INCLUDING THE CFDA FOR ACCESSORY DESIGNER OF THE YEAR, THE WHARTON SCHOOL'S JAY H. BAKER RETAILING CENTER AND RETAIL LEADERS CIRCLE'S INAUGURAL RETAIL EXCELLENCE AWARD FOR HER INDUSTRY LEADERSHIP AND SUPPORT OF WOMEN ENTREPRENEURS, FORBES'S MOST POWERFUL WOMEN IN THE WORLD, THE BREAST CANCER RESEARCH FOUNDATION'S SANDRA TAUB HUMANITARIAN AWARD AND GLAMOUR'S WOMEN OF THE YEAR. THE METROPOLITAN MUSEUM OF ART'S COSTUME INSTITUTE FEATURED ONE OF HER DESIGNS IN ITS 2021 EXHIBITION, "IN AMERICA: A LEXICON OF FASHION." HER FIRST BOOK, TORY BURCH IN COLOR (ABRAMS, 2014), WAS A NEW YORK TIMES BEST SELLER.A GRADUATE OF THE UNIVERSITY OF PENNSYLVANIA WITH A DEGREE IN ART HISTORY, TORY LIVES IN NEW YORK CITY WITH HER HUSBAND AND SONS.HAYLEY BOESKYHAYLEY BOESKY IS MANAGING DIRECTOR AND EXECUTIVE VICE CHAIRMAN OF GLOBAL CORPORATE & INVESTMENT BANKING AT BOFA SECURITIES, THE INSTITUTIONAL BROKER DEALER BUSINESS OF BANK OF AMERICA. IN THIS ROLE, SHE COLLABORATES ACROSS ALL ENTERPRISE LINES OF BUSINESS TO DEEPEN RELATIONSHIPS WITH THE FIRM'S CLIENTS AROUND THE WORLD. SHE ALSO SERVES AS A LIAISON WITH THE GLOBAL POLICYMAKING COMMUNITY, FOSTERING CONNECTIVITY ON AREAS AT THE FOREFRONT OF MARKET AND REGULATORY DEVELOPMENTS. BOESKY PREVIOUSLY SERVED AS VICE CHAIRMAN OF GLOBAL MARKETS.SUSAN DUFFYDR. SUSAN DUFFY IS THE ASSOCIATE PROVOST FOR TRANSFORMATIONAL LEARNING AND PARTNERSHIPS AT WENTWORTH INSTITUTE OF TECHNOLOGY WHERE SHE LEADS THE UNIVERSITY'S ACCELERATE: INNOVATION + ENTREPRENEURSHIP CENTER, THE WOMEN@WENTWORTH STUDENT PROGRAMS, THE CO-OPS + CAREERS DIVISION, AND THE WORKFORCE DEVELOPMENT AND PROFESSIONAL EDUCATION PORTFOLIO. A SELF-DESCRIBED ENTREPRENEURIAL LEADER, SUSAN DEDICATES HER LIFE ENERGY TO CATALYZING SOCIAL AND ECONOMIC GROWTH THROUGH EDUCATION, EXPERIMENTATION, AND PARTNERSHIPS. IN ADDITION TO HER WORK IN THE EDUCATION INDUSTRY, SUSAN HAS A TRACK RECORD OF IGNITING IMPACT IN DIVERSE SECTORS INCLUDING LIFE SCIENCES, CONSTRUCTION, FINANCIAL SERVICES, AND ROBOTICS. SUSAN EARNED HER PH.D. FROM THE GEORGE WASHINGTON UNIVERSITY, IS A MEMBER OF THE PRESTIGIOUS WILFORD WHITE FELLOWS OF THE INTERNATIONAL COUNCIL FOR SMALL BUSINESS, AND RECEIVED THE 2019 PRACTITIONER OF THE YEAR AWARD FROM THE UNITED STATES ASSOCIATION FOR SMALL BUSINESS AND ENTREPRENEURSHIP. SUSAN SERVED AS A MEMBER OF THE NATIONAL WOMEN'S BUSINESS COUNCIL, IS A BOARD DIRECTOR OF THE BSC GROUP, AND SERVES ON THE EXPERT ADVISORY GROUP OF THE BIO-SCIENCE INVESTOR INCLUSION GROUP.YASMIN GREENYASMIN GREEN IS THE CEO OF JIGSAW, A UNIT WITHIN GOOGLE FOCUSED ON SOLVING GLOBAL SECURITY CHALLENGES THROUGH TECHNOLOGY. SHE PREVIOUSLY PIONEERED APPROACHES TO COUNTER VIOLENT EXTREMISM AND STATE-SPONSORED DISINFORMATION, INCLUDING SEEDING THE FIRST ONLINE NETWORK OF FORMER VIOLENT EXTREMISTS AND SURVIVORS OF TERRORISM, LAUNCHING THE REDIRECT METHOD ADVERTISING-BASED PROGRAM TO CONFRONT ONLINE RADICALIZATION, AND INFORMING CROSS-PLATFORM RESPONSES TO COORDINATED DISINFORMATION CAMPAIGNS. PRIOR TO THIS, GREEN CO-CHAIRED THE EUROPEAN COMMISSION'S WORKING GROUP ON ONLINE RADICALIZATION FROM 2014 TO 2015. SHE IS A MEMBER OF THE ASPEN CYBERSECURITY GROUP AND THE DIGITAL COMMISSION ON INFORMATION DISORDER AT THE ASPEN INSTITUTE AND THE ANTI-DEFAMATION LEAGUE BOARD OF DIRECTORS.ROBERT ISENROBERT IS CHIEF LEGAL OFFICER & PRESIDENT OF CORPORATE DEVELOPMENT. HE JOINED THE COMPANY IN SEPTEMBER 2008. PRIOR TO JOINING TORY BURCH, ROBERT WAS AN ENTREPRENEUR/FOUNDER, KEY OPERATING EXECUTIVE, AND ADVISOR WITH VARIOUS COMPANIES; INCLUDING BEMIS COMPANY, CONTINUUM AND VIAPACK. HE LAUNCHED HIS CAREER AS A CORPORATE ATTORNEY IN WASHINGTON, DC AND PHILADELPHIA, PA BEFORE MOVING ON TO PARAMOUNT PACKAGING CORPORATION (A PHILADELPHIA-BASED GLOBAL PACKAGING COMPANY) AS GENERAL COUNSEL AND EXECUTIVE VICE PRESIDENT. ROBERT RECEIVED HIS BACHELOR OF ARTS IN PSYCHOLOGY FROM DUKE UNIVERSITY BEFORE GRADUATING FROM BOSTON UNIVERSITY SCHOOL OF LAW. HE IS A MEMBER OF YOUNG PRESIDENTS ORGANIZATION/WPO AND SERVES ON THE BOARD OF TORY BURCH, LLC. | FactsAndCircumstancesTestTxt |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| TRACEY KOZMETSKY | TRACEY DONOHO KOZMETSKY IS A PHILANTHROPIC LEADER IN HER 26TH YEAR OF WORK WITH THE KOZMETSKY FAMILY FOUNDATION, FORMERLY THE RGK FOUNDATION, WHICH IS AN INDEPENDENT FOUNDATION COMMITTED TO SPARKING MEANINGFUL IMPACT THROUGH GRANTS FOR BASIC NEEDS, EDUCATION, AND HEALTH, WITH SPECIAL EMPHASIS GIVEN TO VETERANS, WOMEN, AND CHILDREN. SHE IS A MEMBER OF THE UNIVERSITY OF TEXAS AT AUSTIN SCHOOL OF UNDERGRADUATE STUDIES ADVISORY COUNCIL, DALLAS' CRYSTAL CHARITY BALL AND THE BAYLOR SCOTT & WHITE DALLAS FOUNDATION ADVISORY BOARD WHICH SUPPORTS THE BAYLOR HEALTH CARE SYSTEM. TRACEY SERVED ON THE BOARD OF DIRECTORS OF DALLAS CHILDREN'S MEDICAL CENTER AND IS A FORMER PRESIDENT OF THE DALLAS CHILDREN'S ADVOCACY CENTER BOARD OF TRUSTEES. SHE IS THE RECIPIENT OF THE DALLAS NORTH STAR AND RUTH SHARP ALTSHULER AWARDS. TRACEY EARNED A BACHELOR OF ARTS DEGREE MAGNA CUM LAUDE FROM TEXAS CHRISTIAN UNIVERSITY. SHE BEGAN HER PROFESSIONAL CAREER IN NEW YORK CITY AT WOMEN'S WEAR DAILY/FAIRCHILD PUBLICATIONS AND WENT ON TO WORK IN MARKETING AND BUSINESS DEVELOPMENT AT COSMAIR/LOREAL PROFESSIONAL. SHE CONTINUED HER PROFESSIONAL GROWTH AND DEVELOPMENT BY CO-FOUNDING A PUBLIC RELATIONS FIRM, ENGELKING KOZMETSKY COMMUNICATIONS IN AUSTIN, TEXAS. PERRI PELTZ PERRI PELTZ IS AN EMMY-WINNING DOCUMENTARY FILMMAKER, JOURNALIST, AND PUBLIC HEALTH ADVOCATE. MOST RECENTLY, PERRI CREATED THE DOCUMENTARY NEWS SERIES AXIOS ON HBO WITH MATTHEW O'NEILL. PERRI & MATTHEW ALSO CO-DIRECTED AND PRODUCED THE 2019 HBO DOCUMENTARY, ALTERNATE ENDINGS: SIX NEW WAYS TO DIE IN AMERICA. PREVIOUSLY, PERRI DIRECTED THE HBO DOCUMENTARY, WARNING: THIS DRUG MAY KILL YOU, ABOUT THE OPIOID ADDICTION EPIDEMIC. SHE PRODUCED THE HBO DOCUMENTARY RISKY DRINKING AND CO-DIRECTED A CONVERSATION ABOUT GROWING UP BLACK AS PART OF THE "CONVERSATION ON RACE" SERIES FOR THE NEW YORK TIMES OP-DOCS. OTHER FILMS INCLUDE HBO'S REMEMBERING THE ARTIST: ROBERT DE NIRO, SR. AND PRISON DOGS. PERRI HOSTS "THE PERRI PELTZ SHOW" ON SIRIUSXM AND IS A DOCTORAL CANDIDATE AT COLUMBIA UNIVERSITY'S SCHOOL OF PUBLIC HEALTH. SHE WAS PREVIOUSLY AN AWARD-WINNING BROADCAST JOURNALIST FOR NBC, ABC, AND CNN. DEBORAH ROBERTS DEBORAH ROBERTS IS AN AWARD WINNING JOURNALIST AT ABC NEWS WHO SERVES AS A SENIOR NATIONAL AFFAIRS CORRESPONDENT. ROBERTS REGULARLY REPORTS FOR 20/20, GOOD MORNING AMERICA, NIGHTLINE AND WORLD NEWS TONIGHT WITH DAVID MUIR. SHE ALSO CONTRIBUTES AS A FILL IN HOST ON THE VIEW AND SUBSTITUTE ANCHOR ON NIGHTLINE. ROBERTS HAS BEEN AWARDED A PEABODY FOR HER IN DEPTH REPORTING ON THE BREONNA TAYLOR STORY AS WELL AS MULTIPLE EMMY AWARDS FOR HER INTERNATIONAL AND NATIONAL COVERAGE OF HARD HITTING ISSUES. ROBERTS IS ALSO AN AUTHOR OF BEEN THERE DONE THAT: FAMILY WISDOM FOR MODERN TIMES, A BOOK SHE CO-WROTE WITH HER HUSBAND, AL ROKER. ROBERTS MAKES HER HOME IN MANHATTAN WITH ROKER AND THEIR CHILDREN. JAMES ROBINSON JAMIE IS FOUNDER AND CEO OF TAPP TECHNOLOGIES, A BEVERAGE ANALYTICS AND ENGAGEMENT COMPANY. LAUNCHING HIS CAREER AS A CERTIFIED NFL AGENT, JAMIE HAS NEGOTIATED SPORTS AND ENTERTAINMENT MERCHANDISING, LICENSING AND SPONSORSHIP AGREEMENTS TOTALING IN EXCESS OF $1 BILLION. HE HAS ALSO CREATED MARKETING CAMPAIGNS ON BEHALF OF A NUMBER OF THE NATION'S LEADING BRANDS INCLUDING HALLMARK CARDS, FANATICS, GAP, MCDONALD'S, COCA-COLA, RAWLINGS SPORTING GOODS, DUNKIN' DONUTS AND MANY OTHERS. IN HIS SPARE TIME, JAMIE LOVES TO SEARCH FOR "EARTH'S TREASURES AND WAS THE FIRST PERSON TO PROVE THAT DINOSAURS AND T REX ONCE ROAMED SWEET GRASS COUNTY IN MONTANA. HE IS A MEMBER NATIONAL OF THE EXPLORERS CLUB AND COLLECTS ART AND IS AN ASPIRING CHEF. JAMIE TISCH JAMIE IS AN ENTREPRENEUR AND PHILANTHROPIST. IN 2008, SHE CO-FOUNDED FASHIONOLOGY LA, A CHILDREN'S CLOTHING STORE IN LOS ANGELES. IN 2003, SHE CO-FOUNDED THE ENTERTAINMENT INDUSTRY'S WOMEN'S CANCER RESEARCH FUND. THE WOMEN'S CANCER RESEARCH FUND WAS CREATED TO SUPPORT INNOVATIVE RESEARCH, EDUCATION AND OUTREACH DIRECTED TOWARD THE EARLY DIAGNOSIS, TREATMENT AND PREVENTION OF ALL WOMEN'S CANCERS. TONY TJAN TONY TJAN IS CEO OF CUE BALL GROUP, A PRIVATE INVESTMENT FIRM FOCUSED ON LONG-TERM AND TRANSFORMATIVE OPPORTUNITIES ACROSS TECHNOLOGY, MEDIA AND CONSUMER BRANDS. AT CUE BALL, OVER 50 PERCENT OF THE CAPITAL HAS BEEN INVESTED BEHIND WOMEN AND INCLUSIONARY VENTURES. HE ALSO IS CO-FOUNDER AND CHAIRMAN OF MINILUXE, THE LIFESTYLE NAIL CARE BRAND THAT IS POSITIVELY CHANGING THE INDUSTRY, AND WAS THE FOUNDER OF ZEFER, ONE OF THE EARLIEST WEB APPLICATION COMPANIES. PREVIOUSLY HE PLAYED SENIOR LEADERSHIP ROLES AT THOMSON REUTERS AND THE PARTHENON GROUP. TONY HAS WRITTEN OVER 100 PIECES FOR HARVARD BUSINESS REVIEW AND IS A NEW YORK TIMES BEST-SELLING AUTHOR OF HEART, SMARTS, GUTS AND LUCK AND AUTHOR OF GOOD PEOPLE. HE SERVES ON THE MIT MEDIA LAB ADVISORY COUNCIL AND IS A RECIPIENT OF THE ELLIS ISLAND MEDAL OF HONOR. REEPAL SHAH SINCE 2016, REEPAL SHAH HAS BEEN AN ADVISOR TO ROBINSWAY FAMILY OFFICE. PRIOR TO ROBINSWAY HE HELD KEY EXECUTIVE ROLES IN VARIOUS COMPANIES IN FASHION INDUSTRY AND RETAILING; INCLUDING, DONNA KARAN, FOOT LOCKER, KATE SPADE AND TORY BURCH, WHERE HE WAS CFO. REEPAL RECEIVED HIS MASTER'S IN BUSINESS ADMINISTRATION FROM NEW YORK INSTITUTE OF TECHNOLOGY IN FINANCE AND OPERATION. HE ALSO RECEIVED HIS MASTER IN COMMERCE FROM INDIA GUJRAT UNIVERSITY IN ACCOUNTING AND AUDITING. HE CURRENTLY SITS ON THE BAUBLEBAR BOARD AS ADVISOR. REEPAL HAS BEEN MARRIED TO SWATI FOR 30 YEARS AND HAS 2 CHILDREN VAREEL AND PAREEL. HE ENJOYS SPENDING TIME WITH FAMILY AND FRIENDS IN HIS SPARE TIME. VIVIAN ZELTER VIVIAN'S PROFESSIONAL BACKGROUND STARTED ON WALL STREET IN FINANCE. SHE WAS A CORPORATE BOND TRADER AT LEHMAN BROTHERS BEFORE DEPARTING TO RAISE HER FAMILY. CURRENTLY, VIVIAN IS THE DIRECTOR OF STRATEGIC PARTNERSHIPS AT THE NATIONAL EDUCATION EQUITY LAB, AN EDUCATION AND SOCIAL JUSTICE NON-PROFIT. VIVIAN COMES TO THIS POSITION WITH OVER 20 YEARS OF PHILANTHROPIC EXPERIENCE. SHE HAS BEEN A LONG TERM BOARD MEMBER AT GEORGE JACKSON ACADEMY, A MIDDLE SCHOOL FOR UNDERSERVED BOYS IN DOWNTOWN MANHATTAN. SHE ALSO SERVED ON THE BOARD OF THE UNIVERSITY OF PENNSYLVANIA'S SCHOOL OF SOCIAL POLICY AND PRACTICE, AND HAS RECENTLY BEEN A LEAD SUPPORTER OF ITS NEWLY ESTABLISHED SOCIAL JUSTICE SCHOLAR'S PROGRAM. VIVIAN IS ON THE BOARD OF THE UJA FEDERATION OF NEW YORK (UNITED JEWISH APPEAL), AND SERVES ON ITS COMMUNITY INITIATIVE FOR HOLOCAUST SURVIVORS COMMITTEE. VIVIAN'S PASSION FOR ART EXTENDS TO BEING AN ACTIVE MEMBER OF THE CHAIRMAN'S COUNCIL AT THE METROPOLITAN MUSEUM AND THE EDUCATION COMMITTEE AT THE WHITNEY MUSEUM. SHE GRADUATED WITH A B.A. FROM THE UNIVERSITY OF PENNSYLVANIA AND AN M.B.A. FROM COLUMBIA UNIVERSITY. |
| ANDREA WISHOM | PRESIDENT, SKYWALKER HOLDINGS LLC ANDREA JOINED SKYWALKER AS THE CHIEF OPERATING OFFICER IN JUNE OF 2015. AS THE LEADER OF THIS DIVERSE ORGANIZATION, SHE IS RESPONSIBLE FOR THE OVERALL STRATEGIC LEADERSHIP, POLICY OVERSIGHT AND OPERATIONS OF THE FAMILY OFFICE. HER LARGEST PROJECT TO DATE IS AS VICE PRESIDENT OF THE LUCAS MUSEUM OF NARRATIVE ART, A $1BILLION FIRST OF ITS KIND INSTITUTION WITH A FOCUS ON VISUAL STORYTELLING, ART AND FILM. ANDREA JOINED SKYWALKER FROM HARPO PRODUCTIONS AS AN AWARD-WINNING MEDIA EXECUTIVE. SHE SPENT OVER TWO DECADES LAUNCHING AND DEVELOPING SOME OF THE MOST SUCCESSFUL PROGRAMMING IN TELEVISION HISTORY, FIRST FOR THE OPRAH WINFREY SHOW, AND LATER FOR OWN: OPRAH WINFREY NETWORK. DURING HER 22-YEAR CAREER, SHE PRODUCED SOME OF OPRAH'S MOST MEMORABLE AND HIGHEST-RATED PROGRAMS, INCLUDING "OPRAH'S FAREWELL AT THE UNITED CENTER," "PRESIDENT BARACK AND MICHELLE OBAMA AND "OPRAH WINFREY PRESENTS: LEGENDS WHO PAVED THE WAY." WHEN THE OPRAH WINFREY SHOW ENDED IN 2011, ANDREA HELPED TRANSITION THE COMPANY FROM THE DAYTIME JUGGERNAUT INTO A START-UP PRODUCTION COMPANY THAT WOULD DEVELOP, CREATE AND PROGRAM FOR OWN, A NEW CABLE NETWORK. IN 2012, SHE WAS NAMED EXECUTIVE VICE PRESIDENT OF PROGRAMMING, PRODUCTION, AND DEVELOPMENT WHERE SHE DEVELOPED UNSCRIPTED PROGRAMS AND LAUNCHED SOME OF OWN'S PRIMETIME INTERVIEW SHOWS LIKE OPRAH'S NEXT CHAPTER AND OPRAH PRIME. SHE WOULD LATER BECOME EXECUTIVE PRODUCER OF SUPER SOUL SUNDAY, WINNING A GLAAD AWARD. BECAUSE OF THAT EARLY PROGRAMMING, OWN WOULD BECOME A TOP 30 NETWORK IN ITS FIRST YEAR AND THE #1 CABLE NETWORK AMONG AFRICAN AMERICAN WOMEN. ANDREA EXPANDED THE OPRAH BRAND AND HER CREATIVE TALENTS BEYOND MEDIA AND WAS A CREATIVE AND PROGRAMMING LEAD FOR OPRAH'S LIFE YOU WANT TOUR, A MULTI-PLATFORM MEDIA VENTURE CENTERED AROUND OPRAH'S 8 CITY LIVE ARENA TOUR. ANDREA IS CURRENTLY ON THE BOARDS OF PINTEREST (NYSE: PINS), NEXTDOOR (NYSE: KIND), AND TORY BURCH, LLC. ANDREA IS ALSO COMMITTED TO HELPING NON-PROFITS DEVELOP STRONG NARRATIVES, CREATE INNOVATIVE CONTENT, AND BUILD STRONG CULTURES. SOME OF HER NONPROFIT BOARD AND ADVISORY SERVICE INCLUDES CASEL, BLACK WOMEN ANIMATE, UC BERKELEY GRADUATE SCHOOL OF JOURNALISM, AND THE TORY BURCH FOUNDATION. ANDREA GREW UP IN SAN FRANCISCO AND EARNED HER B.A. DEGREE IN ENGLISH FROM THE UNIVERSITY OF CALIFORNIA, BERKELEY. 4. AVAILABILITY OF PUBLIC FACILITIES OR SERVICES; TORY BURCH FOUNDATION PROVIDES SERVICES FOR THE BENEFIT OF THE GENERAL PUBLIC ON A CONTINUING BASIS, PLEASE SEE SCHEDULE O FOR INFORMATION ABOUT THE ORGANIZATION'S PROGRAMS. 5. DIVERSIFYING DONATIONS TORY BURCH FOUNDATION RECEIVED CONTRIBUTIONS FROM MORE DIVERSE DONORS DURING FY2021 WHICH SHOWS THE ORGANIZATION'S EFFORTS TO BROADEN ITS FUNDRAISING AND SUPPORT. |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $0 | TotalBookValueLandBuildingsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $9,122,514 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$36,573 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $3,887,916 | DonatedServicesAndUseFcltsAmt |
| Revenue Not Reported | $3,851,343 | RevenueNotReportedAmt |
| Revenue Subtotal | $5,271,171 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $5,271,171 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $5,654,114 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $3,887,916 | DonatedServicesUseFcltsAmt |
| Expenses Not Reported | $3,887,916 | ExpensesNotReportedAmt |
| Expenses Subtotal | $1,766,198 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $1,766,198 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | TBF RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. MANAGEMENT HAS DETERMINED THAT TBF HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. TBF IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO SEPTEMBER 30, 2018. | ExplanationTxt |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (2 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|
| EAST ASIA AND THE PACIFIC | 0 | 0 | GRANT TO RECIPIENT | $5,000 |
| EUROPE (INCLUDING ICELAND & GREENLAND) | 0 | 0 | GRANT TO RECIPIENT | $5,012 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $10,012 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $10,012 | TotalSpentAmt |
Foreign Individuals Grants ForeignIndividualsGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Assistance | EMPOWERED WOMEN CAMPAIGN | TypeOfAssistanceTxt |
| Region | EUROPE (INCLUDING ICELAND & GREENLAND) | RegionTxt |
| Recipient | 1 | RecipientCnt |
| Cash Grant | $5,012 | CashGrantAmt |
| Manner Of Cash Disbursement | WIRE TRANSFER | MannerOfCashDisbursementTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | 0 | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | 0 | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 2: | TORY BURCH FOUNDATION PROVIDED GRANTS TO TWO RECIPIENTS OUTSIDE OF THE UNITED STATES AS PART OF ITS EMPOWERED WOMEN CAMPAIGN. RECIPIENTS WERE SELECTED THROUGH A DETAILED SELECTION PROCESS. |
| PART I, LINE 3: | THE ACCOUNTING METHOD USED TO ACCOUNT FOR EXPENDITURES IS THE ACCRUAL METHOD. |
| PART III ACCOUNTING METHOD: |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| KIVA MICROFUNDS | |||||||
| 986 MISSION ST 4TH FLOOR | SAN FRANCISCO | CA | 94103 | 710992446 | 501(C)(3) | $20,000 | TO SUPPORT MICRO-LENDING PROGRAMS. |
| THE 19TH NEWS | |||||||
| 1201 BARBARA JORDAN BOULEVARD | AUSTIN | TX | 78723 | 842627202 | 501(C)(3) | $15,000 | TO SPONSOR THE ORGANIZATION'S ANNUAL SUMMIT. |
| THE BLACK FAIRY GODMOTHER FOUNDATION | |||||||
| 2037 LEMOINE AVENUE SUITE 211 | FORT LEE | NJ | 07024 | 861228717 | 501(C)(3) | $5,145 | TO RESTORE BLACK AND BROWN FAMILIES' STABILITY BY REMOVING THE BARRIERS THAT KEEP THEM IN ABJECT POVERTY AND DOMESTIC VIOLENCE SITUATIONS. |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 3 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| FELLOWS GRANTS | 50 | $250,000 |
| TORY BURCH FELLOW AT THE IGI | 1 | $100,000 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | GRANTS TO ORGANIZATIONS: AS PAST OF TORY BURCH FOUNDATION'S EMPOWERED WOMEN CAMPAIGN, THE FOUNDATION MADE TEN GRANTS TO ORGANIZATIONS MAKING AN INSPIRING IMPACT IN THEIR COMMUNITIES. RECIPIENTS WERE SELECTED THROUGH A DETAILED SELECTION PROCESS. THE FOUNDATION ALSO MADE A $20,000 GRANT TO SUPPORT MICRO-LENDING. GRANTS TO INDIVIDUALS: THE TORY BURCH FOUNDATION FELLOWS PROGRAM IS A NATIONAL YEAR-LONG FELLOWSHIP PROGRAM FOR WOMEN ENTREPRENEURS. WOMEN ENTREPRENEURS, FROM ACROSS THE UNITED STATES, SUBMIT APPLICATIONS THROUGH AN ONLINE PORTAL. APPLICANTS GO THROUGH A RIGOROUS REVIEW PROCESS. FELLOWS SELECTION IS BASED ON A VARIETY OF FACTORS, INCLUDING: - PERSONAL STATEMENT AND RESUME - THE BUSINESS PLAN - SOCIAL RESPONSIBILITY - PROPOSED USE OF EDUCATION GRANT - SCREENING INTERVIEW UP TO 50 FELLOWS WILL BE SELECTED FROM AMONG ALL ELIGIBLE APPLICANTS, AND WE TAKE INTO CONSIDERATION MULTIPLE FACTORS INCLUDING, BUT NOT LIMITED TO, HOW THE BUSINESS CREATES POSITIVE AND LASTING IMPACT, WHAT UNIQUE FACTORS DIFFERENTIATE THE BUSINESS, WHAT PROBLEMS THE BUSINESS SOLVE, THE SUBSTANCE AND QUALITY OF THE BUSINESS PLAN, WHAT OBSTACLES THE APPLICANT HAS OVERCOME, AND INVESTMENT OPPORTUNITIES. EACH OF THE SELECTED FELLOWS RECEIVE A RESTRICTED-USE PRE-PAID CREDIT CARD (PEXCARD) FUNDED WITH $5,000 FOR A TOTAL OF $250,000 FOR ALL 50 CARDS. THE CARD CAN BE USED FOR BUSINESS EDUCATION EXPENSES, CONFERENCES, BUSINESS COACHING ETC. AS OUTLINED IN THEIR GRANT AGREEMENTS, WHICH EACH FELLOW SIGNS. THE FOUNDATION TEAM REVIEWS AND MONITORS ALL TRANSACTIONS MADE WITH THE PEX CARD REGULARLY THROUGH THE PEX CARD ON-LINE PLATFORM AND MONTHLY STATEMENTS. ALL FELLOWS ARE REQUIRED TO EMAIL THE FOUNDATION TEAM BEFORE USING THEIR CARD WITH DETAILS OF THE PROPOSED SPEND AND NEED APPROVAL BEFORE ANY TRANSACTION IS MADE. THE FOUNDATION TEAM FOLLOWS UP WITH THE FELLOWS TO VERIFY GRANT USE, AS NEEDED. FELLOWS WHO RECEIVED A GRANT IN 2020 HAVE UNTIL JUNE 2022 TO SPEND IT. IN ADDITION, THE FOUNDATION HAS BEEN ASKING FOR RECEIPTS BECAUSE THE DETAILS IN PEX REPORTS ARE OFTEN NOT TELLING, SO APPROPRIATE BACKUP IS REQUESTED. ADDITIONALLY, IN NOVEMBER 2020, THE TORY BURCH FOUNDATION LAUNCHED THE TORY BURCH FELLOWSHIP IN PARTNERSHIP WITH THE INNOVATIVE GENOMICS INSTITUTE (IGI). ONE WOMAN SCIENCE ENTREPRENEUR WAS CHOSEN TO BE IMBEDDED AT IGI FOR ONE YEAR WITH THE USE OF THEIR LABS AND THEIR STAFF AS MENTORS. THIS ENTREPRENEUR ALSO HAD THE OPTION OF JOINING THE 2021 COHORT OF TORY BURCH FOUNDATION FELLOWS AND HAVING ACCESS TO ALL FOUNDATION PROGRAMMING. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART III, LINE 2 | DURING FISCAL YEAR 2021, THE TORY BURCH FOUNDATION, INC. LAUNCHED THE EMPOWERED WOMEN CAMPAIGN AND THE IGI FOLLOWERSHIP PROGRAM. THE EMPOWERED WOMEN CAMPAIGN INSPIRES WOMEN TO MAKE AN IMPACT IN THEIR COMMUNITIES THROUGH PROVIDING SELECT RECIPIENTS WITH GRANTS TO GIVE TO NON-PROFITS OF THEIR CHOICE. A WIDE VARIETY OF NON-PROFIT ORGANIZATIONS UNRELATED TO THE TORY BURCH FOUNDATION RECEIVED GRANTS AND ASSISTANCE THROUGH THIS PROGRAM. ADDITIONALLY, THE FOUNDATION IMPLEMENTED THE IGI FELLOWSHIP PROGRAM WHICH PROVIDES INSPIRATION TO WOMEN SCIENCE ENTREPRENEURS. THROUGH THIS PROGRAM, A SELECT ENTREPRENEUR IS CHOSEN BY A PANEL CONSISTING OF REPRESENTATIVES FROM BOTH IGI AND THE TORY BURCH FOUNDATION TO BE IMBEDDED AT THE INNOVATIVE GENOMICS INSTITUTE FOR ONE YEAR WITH THE USE OF THE INSTITUTE'S LABS AND STAFF AS MENTORS. |
| FORM 990, PART VI, SECTION A, LINE 2 | TORY BURCH (FOUNDER AND PRESIDENT), ROBERT ISEN (CHAIRPERSON AND TREASURER), AND JAMES ROBINSON (SECRETARY) HAVE A FAMILY RELATIONSHIP. TORY BURCH (FOUNDER AND PRESIDENT) AND ROBERT ISEN (CHAIRPERSON AND TREASURER) HAVE A BUSINESS RELATIONSHIP. |
| FORM 990, PART VI, SECTION A, LINE 4 | THE BOARD OF DIRECTORS AMENDED THE BY-LAWS IN JANUARY 2021. THE CHANGES TO THE BY-LAWS INCLUDE THE FORMATION OF AN AUDIT COMMITTEE. |
| FORM 990, PART VI, SECTION B, LINE 11B | TORY BURCH FOUNDATION HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEEN PREPARED, REVIEWED BY MANAGEMENT, AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, IT IS ELECTRONICALLY TRANSMITTED TO THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO SUBMISSION TO THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | TORY BURCH FOUNDATION HAS IN PLACE A CONFLICT OF INTEREST POLICY, WHICH APPLIES TO ALL DIRECTORS, AND PRINCIPAL OFFICERS. EACH DIRECTOR AND OFFICER IS REQUIRED TO SIGN A CONFLICT OF INTEREST DISCLOSURE STATEMENT ANNUALLY. AN INTERESTED PERSON MUST DISCLOSE AS SOON AS PRACTICABLE TO THE DIRECTORS THE EXISTENCE OF A POTENTIAL CONFLICT OF INTEREST AND ALL MATERIAL FACTS RELATED TO THE CONFLICT. IN THE EVENT THAT A CONFLICT OF INTEREST ARISES, THE INTERESTED PERSON WITH WHOM THE CONFLICT PERTAINS TO IS EXCLUDED FROM VOTING ON THE ISSUE. HE/SHE LEAVES THE ROOM AND THE REMAINING BOARD DECIDE IF A CONFLICT OF INTEREST EXISTS. WITH RESPECT TO ANY BOARD DISCUSSION, DECISION, OR ACTIONS INVOLVING TRANSACTIONS IN WHICH A DIRECTOR OR OFFICER HAS A CONFLICT OF INTEREST, THE MINUTES OF THE GOVERNING BOARD WILL REFLECT THE BOARD'S DELIBERATIONS AND VOTING PROCESS. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS POSTED ON THE ORGANIZATION'S WEBSITE, GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, FORM 990, FORM 1023, AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST AT 11 WEST 19TH STREET, 7TH FLOOR, NEW YORK, NY 10011. |
| FORM 990, PART VII, SECTION A: | THE PRESIDENT OF TORY BURCH FOUNDATION, INC. (FOUNDATION) IS EMPLOYED AND COMPENSATED BY TORY BURCH LLC. HER TIME IS DONATED BY TORY BURCH LLC. IN ADDITION, THE PRESIDENT WAS PAID $92,950 BY THE FOUNDATION IN 2020 FOR MARKETING AND EVENT SERVICES RENDERED TO THE FOUNDATION THROUGH HER LLC. |
| FORM 990, PART XII, LINE 2C: | THE FOUNDATION'S AUDIT COMMITTEE ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION ON AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |
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