TORY BURCH FOUNDATION INC: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- TORY BURCH FOUNDATION INC (EIN 26-3660127)
- Tax period
- 2023-10-01 to 2024-09-30
- Filed
- 2025-08-15
- IRS object ID
- 202502279349302910
- Schema version
- 2023v6.0
- 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 | 2025-08-15T12:48:30-05:00 | ReturnTs |
| Tax Period End | 2024-09-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 331374517 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PKF O'CONNOR DAVIES ADVISORY LLC | 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 | 2023-10-01 | 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 | 2025-08-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | GARRETT M HIGGINS | PreparerPersonNm |
| PTIN | P00543209 | PTIN |
| Phone | 2122862600 | PhoneNum |
| Preparation | 2025-08-15 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | TIFFANY DUFU | 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 | $7,274,426 | 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 ENTREPRENEURS BY PROVIDING ACCESS TO CAPITAL, EDUCATION AND COMMUNITY. | ActivityOrMissionDesc |
| Voting Members Governing Body | 14 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 14 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 100 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $2,998,588 | PYContributionsGrantsAmt |
| CY Contributions Grants | $5,707,809 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $532,001 | PYInvestmentIncomeAmt |
| CY Investment Income | $674,279 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $3,530,589 | PYTotalRevenueAmt |
| CY Total Revenue | $6,382,088 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $1,576,873 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $560,000 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $0 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $0 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $199,479 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $1,228,511 | PYOtherExpensesAmt |
| CY Other Expenses | $4,690,871 | CYOtherExpensesAmt |
| PY Total Expenses | $2,805,384 | PYTotalExpensesAmt |
| CY Total Expenses | $5,250,871 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $725,205 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $1,131,217 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $17,370,807 | TotalAssetsBOYAmt |
| Total Assets EOY | $19,770,961 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $215,396 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $526,616 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $17,155,411 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $19,244,345 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | TO EMPOWER WOMEN ENTREPRENEURS BY PROVIDING ACCESS TO CAPITAL, EDUCATION AND COMMUNITY. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $1,611,705 | ExpenseAmt |
| Grant | $505,000 | 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. 50 WOMEN 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. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $410,061 | ExpenseAmt |
| Grant | $55,000 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | CAPITAL:KIVA LOAN PROGRAMTHE TORY BURCH FOUNDATION LOAN PROGRAM POWERED BY KIVA PROVIDES WOMEN ENTREPRENEURS IN THE UNITED STATES THE OPPORTUNITY TO ACCESS NO INTEREST BUSINESS LOANS THROUGH A CROWDFUNDING PLATFORM. 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 | $362,267 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | EDUCATION PROGRAMS:SMALL BUSINESS WEBINARSTHE TORY BURCH FOUNDATION BUSINESS WEBINARS, POWERED BY BANK OF AMERICA, OFFER SMALL BUSINESS OWNERS CREDIBLE, QUALITY INFORMATION FOR FREE TO HELP THEM NAVIGATE THE CHANGING LANDSCAPE. THE BI-MONTHLY WEBINAR SERIES TO PROVIDE THE MOST RELEVANT AND CURRENT INFORMATION FOR 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 GROW THEIR BUSINESSES.DIGITAL RESOURCESTHE TORY BURCH FOUNDATION WEBSITE IS A DIGITAL EDUCATION HUB WITH COMPREHENSIVE AND TIMELY CONTENT FOR ENTREPRENEURS COVERING A RANGE OF BUSINESS TOPICS. THE DESTINATION FEATURES OVER 300+ ARTICLES AND ONLINE VIDEOS, AS WELL AS A BUSINESS PLAN BUILDER AND FUNDING FINDER TOOL. THERE IS ALSO A DONATION PORTAL FOR THE PUBLIC AT WWW.TORYBURCHFOUNDATION.ORG/DONATE. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $979,888 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | OTHER PROGRAMS INCLUDE: ONLINE & IN-PERSON COMMUNITY OUTREACH AND SPECIAL PROJECTS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $979,888 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $0 | TotalOtherProgSrvcGrantAmt |
| Total Other Prog Srvc Revenue | $0 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $3,363,921 | 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 | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | 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 | Yes (1) | 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 | 43 | 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 | Yes (1) | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | 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 | Yes (1) | 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 | 545 5TH AVENUE SUITE 1103 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10017 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (18 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 |
| REEPAL SHAH | ||||||
| TREASURER | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| JAMES ROBINSON | ||||||
| SECRETARY | 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 THRU FEB 2024 | 1.00 | Yes (X) | $0 | $0 | $0 | |
| SAVARIA HARRIS | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| TRACEY KOZMETSKY | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| LAURA MANESS | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| JANE C OCH | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| PERRI PELTZ | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| DEBORAH ROBERTS | ||||||
| DIRECTOR THRU NOV 2023 | 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 | |
| TIFFANY DUFU | ||||||
| PRESIDENT AS OF FEB 2024 | 40.00 | Yes (X) | $0 | $0 | $0 | |
| LAURIE FABIANO | ||||||
| PRESIDENT THRU JAN 2024 | 40.00 | Yes (X) | $31,000 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $31,000 | 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 | GROW | BusinessNameLine1Txt |
Contractor Address ContractorAddress
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 400 GRANBY STREET SUITE 200 | AddressLine1Txt |
| City | NORFOLK | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 23510 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Services | INFORMATION TECHNOLOGY SERVICES | ServicesDesc |
| Compensation | $229,080 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 1 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $5,707,809 | AllOtherContributionsAmt |
| Noncash Contributions | $40,303 | NoncashContributionsAmt |
| Total Contributions | $5,707,809 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $641,099 | TotalRevenueColumnAmt |
| Exclusion | $641,099 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $925,518 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $892,338 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $33,180 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $33,180 | TotalRevenueColumnAmt |
| Exclusion | $33,180 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $6,382,088 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $674,279 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $55,000 | TotalAmt |
| Program Services | $55,000 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $505,000 | TotalAmt |
| Program Services | $505,000 | ProgramServicesAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $240,000 | TotalAmt |
| Management And General | $240,000 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,506 | TotalAmt |
| Management And General | $10,506 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $84,580 | TotalAmt |
| Management And General | $84,580 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,979 | TotalAmt |
| Management And General | $16,979 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $360,661 | TotalAmt |
| Program Services | $352,922 | ProgramServicesAmt |
| Management And General | $7,739 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $409,339 | TotalAmt |
| Program Services | $383,627 | ProgramServicesAmt |
| Management And General | $25,712 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,157 | TotalAmt |
| Program Services | $1,602 | ProgramServicesAmt |
| Management And General | $17,555 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $140,051 | TotalAmt |
| Program Services | $100,006 | ProgramServicesAmt |
| Management And General | $40,045 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $142,933 | TotalAmt |
| Program Services | $112,859 | ProgramServicesAmt |
| Management And General | $30,074 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $236,443 | TotalAmt |
| Management And General | $236,443 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,534 | TotalAmt |
| Management And General | $20,534 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| ALLOCATED SALARIES & BE | $2,774,353 | $1,720,099 | $860,049 | $194,205 |
| PROGRAMMING/PRODUCTION | $194,481 | $132,806 | $56,401 | $5,274 |
| ALLOCATED OVERHEAD COST | $40,854 | $40,854 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,250,871 | TotalAmt |
| Program Services | $3,363,921 | ProgramServicesAmt |
| Management And General | $1,687,471 | ManagementAndGeneralAmt |
| Fundraising | $199,479 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $142,831 | BOYAmt |
| EOY | $386,864 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,774,396 | BOYAmt |
| EOY | $13,873,659 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,802,585 | BOYAmt |
| EOY | $571,984 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $59,091 | BOYAmt |
| EOY | $55,868 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,531,806 | BOYAmt |
| EOY | $4,280,836 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $435,244 | BOYAmt |
| EOY | $389,319 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $624,854 | BOYAmt |
| EOY | $212,431 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,370,807 | BOYAmt |
| EOY | $19,770,961 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,192 | BOYAmt |
| EOY | $85,352 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $137,804 | BOYAmt |
| EOY | $386,864 | 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 | $215,396 | BOYAmt |
| EOY | $526,616 | 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 | $17,155,411 | BOYAmt |
| EOY | $19,244,345 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,155,411 | BOYAmt |
| EOY | $19,244,345 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,370,807 | BOYAmt |
| EOY | $19,770,961 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $1,131,217 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $937,682 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $20,035 | 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 | $5,365,048 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $5,217,468 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $6,280,021 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,998,588 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $5,707,809 | CurrentTaxYearAmt |
| Total | $25,568,934 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $5,365,048 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $5,217,468 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $6,280,021 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,998,588 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $5,707,809 | CurrentTaxYearAmt |
| Total | $25,568,934 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $20,033,894 | SubstantialContributorsTotAmt |
| Public Support Total170 | $5,535,040 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $60,033 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $7,509 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $47,430 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $543,488 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $641,099 | CurrentTaxYearAmt |
| Total | $1,299,559 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $26,868,493 | TotalSupportAmt |
| Public Support CY170 | 0.20600 | PublicSupportCY170Pct |
| Public Support PY170 | 0.23180 | 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 20.60%, 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. TORY GREW UP ON A FARM IN VALLEY FORGE, PENNSYLVANIA, AND STUDIED ART HISTORY AT THE UNIVERSITY OF PENNSYLVANIA. SHE MOVED TO NEW YORK IN THE 1990S AND WORKED FOR ZORAN, HARPER'S BAZAAR, RALPH LAUREN, VERA WANG, AND LOEWE. TORY LAUNCHED HER COLLECTION IN 2004 WITH A CLEAR PURPOSE: TO BUILD A GLOBAL LUXURY LIFESTYLE BRAND THAT WOULD SUPPORT A FOUNDATION FOR WOMEN'S EMPOWERMENT. HER AESTHETIC IS ANCHORED IN THE RELAXED ELEGANCE OF AMERICAN SPORTSWEAR, KNOWN FOR ITS CRAFTMANSHIP AND QUALITY. AS HER COLLECTIONS EVOLVE, HER AMBITION REMAINS THE SAME: TO INSPIRE WOMEN TO EMBRACE THEIR INDIVIDUALITY AND PERSONAL STYLE. IN 2009, TORY ESTABLISHED THE TORY BURCH FOUNDATION TO PROVIDE WOMEN ENTREPRENEURS IN THE UNITED STATES WITH CAPITAL, EDUCATION, AND COMMUNITY. EVERY TORY BURCH PRODUCT SUPPORTS THE FOUNDATION'S WORK TO EMPOWER WOMEN. THROUGH HER UNIQUE HYBRID MODEL, TORY HAS CREATED A PARADIGM FOR AUTHENTIC BRAND PURPOSE. TORY HAS BEEN RECOGNIZED WITH NUMEROUS AWARDS AND HONORS, INCLUDING THE 2024 TIME 100, HARPER'S BAZAAR'S DESIGNER OF THE YEAR, THE CFDA FOR ACCESSORY DESIGNER OF THE YEAR, THE PARSONS SCHOOL OF DESIGN'S TABLE AWARD, FORBES'S MOST POWERFUL WOMEN IN THE WORLD, AND THE BREAST CANCER RESEARCH FOUNDATION'S SANDRA TAUB HUMANITARIAN AWARD. HER FIRST BOOK, TORY BURCH IN COLOR (ABRAMS, 2014), WAS A NEW YORK TIMES BEST SELLER, AND HER DESIGNS HAVE BEEN FEATURED IN THE METROPOLITAN MUSEUM OF ART'S COSTUME INSTITUTE. TORY SERVES ON SEVERAL BOARDS, INCLUDING THE COUNCIL OF FASHION DESIGNERS OF AMERICA, THE WHARTON SCHOOL'S JAY H. BAKER RETAILING CENTER, AND THE SOCIETY OF MEMORIAL SLOAN-KETTERING CANCER CENTER. SHE IS A FOUNDING ADVISORY COUNCIL MEMBER OF THE SMITHSONIAN AMERICAN WOMEN'S HISTORY MUSEUM, A MEMBER OF THE COUNCIL ON FOREIGN RELATIONS, AND A TRUSTEE AT THE BARNES FOUNDATION. HAYLEY BOESKYHAYLEY BOESKY IS A MANAGING DIRECTOR AND EXECUTIVE VICE CHAIRMAN OF GLOBAL CORPORATE & INVESTMENT BANKING AT BOFA SECURITIES. 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 POLICY MAKING COMMUNITY, FOSTERING CONNECTIVITY ON AREAS AT THE FOREFRONT OF MARKET AND REGULATORY DEVELOPMENTS. BEFORE JOINING BANK OF AMERICA, HAYLEY WAS A VICE PRESIDENT AND DIRECTOR OF MARKET ANALYSIS AT THE FEDERAL RESERVE BANK OF NEW YORK. PRIOR TO JOINING THE FEDERAL RESERVE, HAYLEY WAS A DIRECTOR AT MOORE CAPITAL MANAGEMENT. SHE BEGAN HER CAREER WITH GOLDMAN SACHS WHERE SHE SERVED AS CHIEF U.S. RATES STRATEGIST. HAYLEY SERVES ON SEVERAL BOARDS AND COMMITTEES INCLUDING THE IMF'S FINANCIAL INSTITUTIONS CONSULTATIVE GROUP, THE FINANCIAL SECTOR ADVISORY COUNCIL, THE HARVARD KENNEDY SCHOOL CENTER FOR BUSINESS AND GOVERNMENT ADVISORY BOARD, AND THE BRETTON WOODS COMMITTEE ADVISORY COUNCIL.HAYLEY IS A DIRECTOR OF THE TORY BURCH FOUNDATION AND SERVES ON THE EXECUTIVE COMMITTEE OF THE BOARD OF OVERSEERS FOR THE UNIVERSITY OF PENNSYLVANIA SCHOOL OF ARTS AND SCIENCES. IN ADDITION, HAYLEY IS A MEMBER OF THE COUNCIL ON FOREIGN RELATIONS. HAYLEY ALSO SITS ON THE INNOVATION BOARD OF THE XPRIZE FOUNDATION, WHICH IS A NON-PROFIT ORGANIZATION THAT DESIGNS AND HOSTS PUBLIC COMPETITIONS INTENDED TO ENCOURAGE TECHNOLOGICAL DEVELOPMENT. SHE ALSO SERVES ON THE FOUNDATION BOARD FOR U.S. SKI & SNOWBOARD.HAYLEY HOLDS A DOCTOR OF PHILOSOPHY DEGREE IN ASTROPHYSICS FROM COLUMBIA UNIVERSITY. IN ADDITION TO HER PHD, SHE ALSO EARNED A MASTER OF SCIENCE DEGREE AND A MASTER OF PHILOSOPHY DEGREE FROM COLUMBIA UNIVERSITY, AND SHE STUDIED MATHEMATICS, ASTROPHYSICS AND FRENCH AS AN UNDERGRADUATE AT THE UNIVERSITY OF PENNSYLVANIA.SUSAN DUFFYDR. SUSAN DUFFY IS THE ASSOCIATE PROVOST FOR TRANSFORMATIONAL LEARNING AND PARTNERSHIPS AT WENTWORTH INSTITUTE OF TECHNOLOGY WHERE SHE LEADS A PORTFOLIO OF UNITS INCLUDING THEUNIVERSITY'S EFFORTS IN WOMEN'S LEADERSHIP, THE ACCELERATE: INNOVATION + ENTREPRENEURSHIP CENTER, THE CO-OPS + CAREERS DIVISION, AND WORKFORCE DEVELOPMENT AND PROFESSIONAL EDUCATION. 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 HEALTHCARE. 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 WAS NAMED PRACTITIONER OF THE YEAR FROM THE UNITED STATES ASSOCIATION FOR SMALL BUSINESS AND ENTREPRENEURSHIP. SUSAN SERVES AS A MENTOR IN THE INTERNATIONAL WOMEN'S FORUM PAY IT FORWARD PIPELINE PROGRAM, IS A CAREER AND LEADERSHIP DEVELOPMENT COACH, AND VOLUNTEERS AT THE WOMEN'S LUNCH PLACE IN BOSTON MA. | FactsAndCircumstancesTestTxt |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SAVARIA HARRIS | SAVARIA HARRIS IS THE ASSOCIATE GENERAL COUNSEL FOR HEALTHCARE COMPLIANCE AT AMAZON HEALTH SERVICES, WHERE SHE LEADS THE LEGAL TEAM SUPPORTING HEALTHCARE COMPLIANCE FUNCTIONS SUCH AS BILLING, AUDIT, RISK ASSESSMENT, AND RISK MANAGEMENT WITH A FOCUS ON GOVERNMENT PROGRAMS COMPLIANCE. PREVIOUSLY, SAVARIA WAS A VICE PRESIDENT OF LAW AT JOHNSON & JOHNSON, ADVISING ON PATIENT ASSISTANCE PROGRAMS ACROSS ALL JANSSEN THERAPEUTIC AREAS. SHE RECEIVED THE 2022 JANSSEN BRAVO AWARD FOR TRYING NEW THINGS AND THE 2020 JANSSEN BRAVO AWARD FOR DRIVING DISRUPTIVE INNOVATION. SAVARIA HAS ALSO BEEN A SPEAKER ON INNOVATION AT TEDXJNJ, CHAIRED THE JOHNSON & JOHNSON CORPORATE CHAPTER OF THE WOMEN'S LEADERSHIP & INCLUSION EMPLOYEE RESOURCE GROUP, AND CREATED THE WLI ELEVATE INITIATIVE. BEFORE HER TIME AT JOHNSON & JOHNSON, SAVARIA WAS A LITIGATION PARTNER AT DLA PIPER AND KIRKLAND & ELLIS LLP. SHE ALSO TAUGHT BUSINESS ETHICS AT GEORGETOWN UNIVERSITY SCHOOL OF CONTINUING STUDIES. SAVARIA HOLDS A J.D. FROM GEORGETOWN UNIVERSITY LAW CENTER AND A B.A. WITH DISTINCTION FROM YALE UNIVERSITY. OUTSIDE OF HER PROFESSIONAL WORK, SAVARIA IS DEDICATED TO SUPPORTING WOMEN'S PROFESSIONAL AND ECONOMIC ADVANCEMENT THROUGH THE UNLOCKED FOUNDATION AND THE TORY BURCH FOUNDATION. ROBERT ISEN ROBERT 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. 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. LAURA MANESS AS GREY'S GLOBAL CEOTHE SIXTH IN THE AGENCY'S CELEBRATED 105-YEAR HISTORY, AND THE FIRST FEMALELAURA HAS SOLIDIFIED AND GALVANIZED A GLOBAL LEADERSHIP TEAM FOCUSED ON ONE VISION, TO DELIVER "FAMOUSLY EFFECTIVE" WORK. SINCE JOINING IN 2022, HER LEADERSHIP HAS RESULTED IN RECORD AWARD WINS AND INDUSTRY HONORS, INCLUDING NEWSWEEK NAMING GREY A TOP 100 GLOBAL MOST LOVED WORKPLACE, WINNING GRAND EFFIES IN EVERY MARKET, AND BEING SHORTLISTED AS GLOBAL AGENCY OF THE YEAR BY CAMPAIGN. SHE WAS ALSO CELEBRATED AS ACT RESPONSIBLE'S AD INDUSTRY CHAMPION OF GOOD AT THE 2022 CANNES LIONS INTERNATIONAL FESTIVAL OF CREATIVITY, THE 2023 CREATIVEPOOL CREATIVE LEADER OF THE YEAR & AGENCY OF THE YEAR, AND THE 2024 CAMPAIGN US CLASS OF INSPIRING WOMEN, AMONG OTHERS. PRIOR TO GREY, LAURA WAS CEO OF HAVAS NEW YORK WHERE SHE STEERED A TURNAROUND THAT EARNED THE AGENCY NUMEROUS "BEST OF" HONORS. RECENTLY NAMED 50 WOMEN TO WATCH FOR BOARDS, SHE SITS ON SEVERAL BOARDS INCLUDING THE TORY BURCH FOUNDATION, ALEMBIC, FLIP.SHOP, AND B LAB U.S. & CANADA, THE GOVERNING BODY OF THE B CORP MOVEMENT. SHE IS ALSO A FOUNDING MEMBER OF CHIEF, THE POST, WOMEN'S PURPOSE COMMUNITY, FORBESWOMEN FORUM AND FAST COMPANY IMPACT COUNCIL. THE COMMON THREAD IS LAURA'S BELIEF THAT PEOPLE GENUINELY HAVE THE POWER AND THE OBLIGATION TO APPLY THEIR MINDS AND MIGHT TO DO GOOD, IN THE WORKPLACE AND IN THE WORLD. JANE C. OCH JANE BEGAN HER INVESTMENT CAREER IN 1986 AT GOLDMAN SACHS GROUP, INC. AS AN EQUITY SALES SPECIALIST. SHE HAS ENJOYED ROLES AT TIGER MANAGEMENT, AS AN ANALYST AND AT THE PORTFOLIO STRATEGY GROUP, AS A PARTNER. IN 2011, SHE AND HER HUSBAND, DANIEL OCH, CO-FOUNDED WILLOUGHBY CAPITAL HOLDINGS, LLC, A PRIVATE INVESTMENT FIRM. IN 2012, JANE CO-FOUNDED A CONSUMER-GOODS COMPANY WHICH OVERSEES THE DEVELOPMENT, MANUFACTURING, MARKETING AND SALES OF THE GUAC-LOCK. JANE IS ALSO A CO-FOUNDER/INVENTOR OF THE INSIDE SCOOP. JANE IS A DEDICATED PHILANTHROPIST AND ACTIVELY SUPPORTS INITIATIVES PROMOTING WOMEN. IN 2008, SHE AND HER HUSBAND FORMED THE JANE AND DANIEL OCH FAMILY FOUNDATION, WHICH FUNDED THE OCH INITIATIVE FOR WOMEN IN FINANCE AT THE ROSS SCHOOL OF BUSINESS AT THE UNIVERSITY OF MICHIGAN. JANE SERVES ON THE BOARDS OF HARLEM VILLAGE ACADEMIES, FACING HISTORY AND OURSELVES AND HEBREW FREE LOAN SOCIETY. SHE SERVES ON THE UNIVERSITY OF MICHIGAN'S PRESIDENT'S ADVISORY GROUP AND ON THE UNIVERSITY'S ROSS SCHOOL OF BUSINESS ADVISORY BOARD. JANE IS A MEMBER OF NY ANGELS AND ITS SISTER ORGANIZATION, MENTORS+ANGELS. JANE HOLDS A BACHELOR OF BUSINESS ADMINISTRATION AND MASTER OF ACCOUNTING FROM THE ROSS SCHOOL OF BUSINESS AT THE UNIVERSITY OF MICHIGAN. PERRI PELTZ PERRI PELTZ IS AN EMMY-WINNING DOCUMENTARY FILMMAKER, JOURNALIST, AND PUBLIC HEALTH ADVOCATE WITH A DOCTORATE FROM COLUMBIA UNIVERSITY'S SCHOOL OF PUBLIC HEALTH. 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. SHE WAS PREVIOUSLY AN AWARD-WINNING BROADCAST JOURNALIST FOR NBC, ABC, AND CNN. |
| 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 $1BILLION. 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. 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 33 YEARS AND HAS 2 CHILDREN VAREEL AND PAREEL. HE ENJOYS SPENDING TIME WITH FAMILY AND FRIENDS IN HIS SPARE TIME. TONY TJAN TONY TJAN IS THE CHAIRMAN AND MANAGING PARTNER OF CUE BALL, A PRIVATE INVESTMENT FIRM BASED IN BOSTON, AND THE CEO AND CO-FOUNDER OF MINILUXE, A PERSONAL CARE AND LIFESTYLE BRAND THAT SEEKS TO TRANSFORM THE NAIL CARE INDUSTRY. WITH A FOCUS ON PURPOSE-DRIVEN LONG-TERM INVESTMENTS, CUE BALL HAS COMMITTED MORE THAN 50% OF ITS CAPITAL TO WOMEN-LED, INCLUSIONARY VENTURES, MOST NOTABLY MINILUXE, WHOSE COMPANY'S CORE MISSION IS TO 'EMPOWER AND ENRICH LIVES THROUGH SELF-EXPRESSION'. PREVIOUSLY, HE WAS THE FOUNDER OF ZEFER, ONE OF THE EARLIEST WEB APPLICATION COMPANIES AND SEPARATELY, 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. ANDREA WISHOM ANDREA WISHOM IS A VISIONARY LEADER AND STRATEGIST AT THE FOREFRONT OF MEDIA, TECHNOLOGY, AND HIGH-IMPACT PROJECTS. AS PRESIDENT OF SKYWALKER HOLDINGS, LLC, A DIVERSIFIED FAMILY OFFICE, SHE OVERSEES FIDUCIARY, PHILANTHROPIC, AND STRATEGIC INITIATIVES. WITH A DISTINGUISHED CAREER SPANNING OVER TWO DECADES AS AN AWARD-WINNING MEDIA EXECUTIVE, MS. WISHOM HAS EMERGED AS AN INFLUENTIAL FORCE IN THE INDUSTRY. THROUGHOUT HER 22-YEAR TENURE AT THE OPRAH WINFREY SHOW AND OWN: OPRAH WINFREY NETWORK, SHE WAS INSTRUMENTAL IN LAUNCHING AND DEVELOPING SOME OF THE MOST SUCCESSFUL PROGRAMMING IN TELEVISION HISTORY, INCLUDING THE GROUNDBREAKING "THE OPRAH WINFREY SHOW AND THE HIGHLY-RATED "OPRAH'S NEXT CHAPTER." AS EXECUTIVE VICE PRESIDENT OF PROGRAMMING AND DEVELOPMENT SHE PLAYED A KEY ROLE IN LEADING OWN TO BECOME A TOP 30 NETWORK WITHIN ITS FIRST YEAR AND THE #1 CABLE NETWORK AMONG AFRICAN AMERICAN WOMEN. HER EXCEPTIONAL LEADERSHIP HAS BEEN RECOGNIZED WITH NUMEROUS AWARDS, INCLUDING A GLAAD AWARD FOR AN EPISODE OF SUPER SOUL SUNDAY, WHERE SHE WAS EXECUTIVE PRODUCER. CURRENTLY, ANDREA SERVES AS THE LEAD INDEPENDENT DIRECTOR AT PINTEREST (NYSE: PINS) AND AS A DIRECTOR FOR TORY BURCH LLC AND INFLECTION AI. SHE PREVIOUSLY SERVED ON THE BOARD OF NEXTDOOR HOLDINGS INC (NYSE: KIND). DEEPLY COMMITTED TO CIVIC ENGAGEMENT, SHE SERVES ON THE BOARD OF TRUSTEES FOR THE LUCAS MUSEUM OF NARRATIVE ART, AS A BOARD MEMBER FOR THE TORY BURCH FOUNDATION, CHICAGO PUBLIC MEDIA AND ON THE ADVISORY BOARD OF THE U.C. BERKELEY GRADUATE SCHOOL OF JOURNALISM. 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 SUPPORTING THE ARTS IN NY EXTENDS TO BEING AN ACTIVE MEMBER OF THE CHAIRMAN'S COUNCIL AT THE METROPOLITAN MUSEUM AS WELL AS ON THE MET'S VISITING COMMITTEE FOR MODERN AND CONTEMPORARY ART, SERVING ON THE HIGH LINE'S PLINTH COMMITTEE, THE EDUCATION COMMITTEE AT THE WHITNEY, AND SERVING ON THE BOARD OF FILM AT LINCOLN CENTER. SHE GRADUATED WITH A B.A. FROM THE UNIVERSITY OF PENNSYLVANIA AND AN M.B.A. FROM COLUMBIA UNIVERSITY. |
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 | $7,435,602 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $937,682 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $132,811 | DonatedServicesAndUseFcltsAmt |
| Revenue Not Reported | $1,070,493 | RevenueNotReportedAmt |
| Revenue Subtotal | $6,365,109 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $16,979 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $16,979 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $6,382,088 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $5,346,668 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $132,811 | DonatedServicesUseFcltsAmt |
| Expenses Not Reported | $132,811 | ExpensesNotReportedAmt |
| Expenses Subtotal | $5,213,857 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $16,979 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $20,035 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $37,014 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $5,250,871 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | 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, 2021. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | GRANT REFUND NETTED AGAINST GRANT EXPENSES 20,035. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KIVA MICROFUNDS | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 182 HOWARD STREET SUITE 414 | AddressLine1Txt |
| City | SAN FRANCISCO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94105 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 710992446 | RecipientEIN |
| IRC Section | 501(C)(3) | IRCSectionDesc |
| Cash Grant | $55,000 | CashGrantAmt |
| Non Cash Assistance | $0 | NonCashAssistanceAmt |
| Purpose Of Grant | TO SUPPORT THE ORGANIZATION'S MICRO-LENDING PROGRAMS. | PurposeOfGrantTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | FELLOWS GRANTS | GrantTypeTxt |
| Recipient | 103 | RecipientCnt |
| Cash Grant | $505,000 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | GRANTS TO ORGANIZATIONS: TORY BURCH FOUNDATION MADE A GRANT TO ONE NON-PROFIT ORGANIZATION. THE FOUNDATION REMAINS IN CLOSE CONTACT WITH THE ORGANIZATION THROUGHOUT THE YEAR IN ORDER TO MONITOR THE USE OF THE GRANT. THE GRANTEE MUST PROVIDE WRITTEN OR VERBAL STATUS UPDATES ON THE USAGE OF THE FUNDS. THE FOUNDATION MAY PERIODICALLY REQUEST INTERIM WRITTEN REPORTS CONCERNING THE MANNER IN WHICH THE GRANT WAS EXPENDED AND THE PROGRESS MADE IN ACCOMPLISHING THE GRANT PURPOSES. 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 PREPAID 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. IN ADDITION, THE FOUNDATION HAS BEEN ASKING FOR RECEIPTS BECAUSE THE DETAILS IN PEX REPORTS ARE OFTEN NOT TELLING, SO APPROPRIATE BACKUP IS REQUESTED. | ExplanationTxt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 2 | ContributionCnt |
| Noncash Contributions Rpt F990 | $40,303 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | SALES PRICE | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, COLUMN (B): | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTORS IN PART I, COLUMN (B). | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | TORY BURCH (FOUNDER AND DIRECTOR), ROBERT ISEN (CHAIRPERSON), AND JAMES ROBINSON (SECRETARY) HAVE A FAMILY RELATIONSHIP. TORY BURCH (FOUNDER AND DIRECTOR) AND ROBERT ISEN (CHAIRPERSON) HAVE A BUSINESS RELATIONSHIP. |
| FORM 990, PART VI, SECTION A, LINE 3 | TORY BURCH FOUNDATION, INC. ("FOUNDATION") DELEGATED CONTROL OVER MANAGEMENT DUTIES TO TORY BURCH LLC ("LLC") THROUGH A SERVICES AGREEMENT. UNDER THE AGREEMENT, THE LLC HAS MANAGEMENT CONTROL OVER ORGANIZATION MANAGEMENT, ACCOUNTING AND FINANCE, AND FUNDRAISING AND DEVELOPMENT. FOR THE TAX YEAR ENDING SEPTEMBER 30, 2024, THE FOUNDATION PAID THE LLC $240,000 FOR MANAGEMENT SERVICES. LAURIE FABIANO, PRESIDENT THRU JANUARY 2024, AND TIFFANY DUFU, PRESIDENT AS OF FEBRUARY 2024, ARE COMPENSATED BY THE LLC. THE FOUNDATION REIMBURSED THE LLC FOR THEIR COMPENSATION IN ACCORDANCE WITH THE SERVICES AGREEMENT IN PLACE. TOTAL COMPENSATION (INCLUDING BONUS) PAID FOR SERVICES PROVIDED BY LAURIE FABIANO WAS $638,377 IN FY2024. TOTAL COMPENSATION PAID FOR SERVICES PROVIDED BY TIFFANY DUFU WAS $224,808 IN FY2024. |
| 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 FINANCE/AUDIT COMMITTEE FOR REVIEW AND APPROVAL. IT IS THEN APPROVED BY THE FULL BOARD OF DIRECTORS AT THE RECOMMENDATION OF THE FINANCE COMMITTEE 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 INTERESTS, 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. IN ADDITION, THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, FORM 990, FORM 1023, AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST. |
| FORM 990, PART VII, SECTION A: | LAURIE FABIANO, PRESIDENT OF TORY BURCH FOUNDATION, INC. (FOUNDATION) THRU JANUARY 2024, IS COMPENSATED BY TORY BURCH LLC. THE FOUNDATION REIMBURSE THE LLC FOR HER COMPENSATION IN ACCORDANCE WITH THE SERVICES AGREEMENT. IN ADDITION, THE PRESIDENT WAS PAID $31,000 BY THE FOUNDATION IN 2023 FOR MARKETING AND EVENT SERVICES RENDERED TO THE FOUNDATION THROUGH HER LLC. |
| FORM 990, PART XI, LINE 9: | GRANT REFUND NETTED AGAINST GRANT EXPENSES 20,035. |
| FORM 990, PART XII, LINE 2C: | THE FOUNDATION'S FINANCE & AUDIT COMMITTEE ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT, OF ITS FINANCIAL STATEMENTS, AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |
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