TORY BURCH FOUNDATION INC: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
TORY BURCH FOUNDATION INC (EIN 26-3660127)
Tax period
2019-10-01 to 2020-09-30
Filed
2021-08-11
IRS object ID
202132239349300933
Schema version
2019v5.2
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

FieldValueIRS element (for citing)
Return2021-08-11T11:51:38-05:00ReturnTs
Tax Period End2020-09-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN271728945PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1PKF O'CONNOR DAVIES LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1500 MAMARONECK AVENUEAddressLine1Txt
CityHARRISONCityNm
State AbbreviationNYStateAbbreviationCd
ZIP105281633ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2019-10-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN263660127EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1TORY BURCH FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlTORYBusinessNameControlTxt
Phone6467236689PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line111 WEST 19TH STREET 7TH FLAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10011ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonROBERT ISENPersonNm
Person TitleCHAIRPersonTitleTxt
Phone6467236689PhoneNum
Signature2021-08-11SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonGARRETT M HIGGINSPreparerPersonNm
PTINP00543209PTIN
Phone9143818900PhoneNum
Preparation2021-08-11PreparationDt
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerLAURIE FABIANOPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line111 WEST 19TH STREET 7TH FLAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10011ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$5,425,081GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.TORYBURCHFOUNDATION.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2008FormationYr
Legal Domicile StateDELegalDomicileStateCd
Activity Or MissionTO EMPOWER WOMEN AND ENTREPRENEURS BY PROVIDING ACCESS TO CAPITAL, EDUCATION AND DIGITAL RESOURCES.ActivityOrMissionDesc
Voting Members Governing Body11VotingMembersGoverningBodyCnt
Voting Members Independent11VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers100TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$2,932,433PYContributionsGrantsAmt
CY Contributions Grants$5,365,048CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$126,118PYInvestmentIncomeAmt
CY Investment Income$60,033CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$3,058,551PYTotalRevenueAmt
CY Total Revenue$5,425,081CYTotalRevenueAmt
PY Grants And Similar Paid$252,333PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$372,811CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$50,670PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$82,431CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$1,039,362PYOtherExpensesAmt
CY Other Expenses$1,853,458CYOtherExpensesAmt
PY Total Expenses$1,342,365PYTotalExpensesAmt
CY Total Expenses$2,308,700CYTotalExpensesAmt
PY Revenues Less Expenses$1,716,186PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$3,116,381CYRevenuesLessExpensesAmt
Total Assets BOY$9,977,984TotalAssetsBOYAmt
Total Assets EOY$13,185,456TotalAssetsEOYAmt
Total Liabilities BOY$380,968TotalLiabilitiesBOYAmt
Total Liabilities EOY$448,807TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$9,597,016NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$12,736,649NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTO EMPOWER WOMEN AND ENTREPRENEURS BY PROVIDING ACCESS TO CAPITAL, EDUCATION AND DIGITAL RESOURCES.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$1,928,106ExpenseAmt
Grant$372,811GrantAmt
DescCAPITALTHE 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. EDUCATIONAS 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. 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'S CHIEF OPERATING OFFICER, GABRIELLE RAYMOND MCGEE, AND FEATURES TOP EXPERTS. IN FY20, THE FOUNDATION HOSTED A TOTAL OF 14 WEBINARS. 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.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 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 THAT PROVIDES $15-25K NO-INTEREST LOANS FOR WORKING CAPITAL NEEDS. #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. DURING FISCAL YEAR 2020, THE ORGANIZATION MADE SIX GRANTS TO OTHER 501(C)(3) ORGANIZATIONS FOR THE COMMON PURPOSE OF FIGHTING RACIAL INJUSTICE.Desc
Total Program Service Expenses$1,928,106TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document30IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members11GoverningBodyVotingMembersCnt
Independent Voting Member11IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of Committees0MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
Own WebsiteYes (X)OwnWebsiteInd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1FLYNN FAMILY OFFICEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2122023230PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1139 WEST 50TH STREET 19TH FLOORAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10020ZIPCd
FieldValueIRS element (for citing)
Info In Schedule O Part VIIYes (X)InfoInScheduleOPartVIIInd

Form990 Part VII Section A Form990PartVIISectionAGrp (12 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorInd
LAURIE FABIANO
PRESIDENT40.00Yes (X)$40,481$0$0
TORY BURCH
FOUNDER AND DIRECTOR3.00Yes (X)$0$0$0Yes (X)
ROBERT ISEN
CHAIR AND TREASURER3.00Yes (X)$0$0$0Yes (X)
JAMES ROBINSON
SECRETARY2.00Yes (X)$0$0$0Yes (X)
HAYLEY BOESKY
DIRECTOR1.00$0$0$0Yes (X)
SUSAN DUFFY
DIRECTOR1.00$0$0$0Yes (X)
YASMIN GREEN
DIRECTOR1.00$0$0$0Yes (X)
TRACEY KOZMETSKY
DIRECTOR1.00$0$0$0Yes (X)
PERRI PELTZ
DIRECTOR1.00$0$0$0Yes (X)
DEBORAH ROBERTS
DIRECTOR1.00$0$0$0Yes (X)
JAMIE TISCH
DIRECTOR1.00$0$0$0Yes (X)
TONY TJAN
DIRECTOR1.00$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$40,481TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$5,365,048AllOtherContributionsAmt
Total Contributions$5,365,048TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$60,033TotalRevenueColumnAmt
Exclusion$60,033ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$5,425,081TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$60,033ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$115,102TotalAmt
Program Services$115,102ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$257,709TotalAmt
Program Services$257,709ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$82,431TotalAmt
Management And General$82,431ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$17,837TotalAmt
Management And General$17,837ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$51,980TotalAmt
Management And General$51,980ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$40,000TotalAmt
Program Services$40,000ProgramServicesAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$60,096TotalAmt
Program Services$39,765ProgramServicesAmt
Management And General$20,331ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$40,024TotalAmt
Program Services$419ProgramServicesAmt
Management And General$39,605ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$16,926TotalAmt
Program Services$153ProgramServicesAmt
Management And General$16,773ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
PROGRAMMING/PRODUCTION$1,483,749$1,462,991$20,758
MENTORING/EDU. EVENTS$142,846$11,967$130,879

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$2,308,700TotalAmt
Program Services$1,928,106ProgramServicesAmt
Management And General$380,594ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,689,930BOYAmt
EOY$375,657EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$5,866,261BOYAmt
EOY$10,271,917EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$2,366,831BOYAmt
EOY$2,460,373EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$51,920BOYAmt
EOY$77,177EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$3,042BOYAmt
EOY$332EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$9,977,984BOYAmt
EOY$13,185,456EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$76,450BOYAmt
EOY$43,542EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$241,239BOYAmt
EOY$350,865EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$63,279BOYAmt
EOY$54,400EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$380,968BOYAmt
EOY$448,807EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$9,597,016BOYAmt
EOY$12,736,649EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$9,597,016BOYAmt
EOY$12,736,649EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$9,977,984BOYAmt
EOY$13,185,456EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$3,116,381ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$23,252NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit Committee0AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,130,291CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,240,743CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,870,640CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,932,433CurrentTaxYearMinus1YearAmt
Current Tax Year$5,365,048CurrentTaxYearAmt
Total$13,539,155TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,130,291CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,240,743CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,870,640CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,932,433CurrentTaxYearMinus1YearAmt
Current Tax Year$5,365,048CurrentTaxYearAmt
Total$13,539,155TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$9,443,927SubstantialContributorsTotAmt
Public Support Total170$4,095,228PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$32,131CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$42,164CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$74,866CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$126,118CurrentTaxYearMinus1YearAmt
Current Tax Year$60,033CurrentTaxYearAmt
Total$335,312TotalAmt
FieldValueIRS element (for citing)
Total Support$13,874,467TotalSupportAmt
Public Support CY1700.29520PublicSupportCY170Pct
Public Support PY1700.28040PublicSupportPY170Pct
Ten Pct Facts Crcmstncs Test CYYes (X)TenPctFactsCrcmstncsTestCYInd
Facts And Circumstances TestIN 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 GOVERNMENTAL UNITS, FROM CONTRIBUTIONS MADE DIRECTLY OR INDIRECTLY BY THE GENERAL PUBLIC, OR FROM A COMBINATION OF THESE SOURCES, 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 29.52%, 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, THE CENTER FOR WOMEN'S ENTREPRENEURIAL LEADERSHIP AT BABSON COLLEGE, 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 SMALL 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 $60M IN LOANS HAVE BEEN DISTRIBUTED TO OVER 3,500 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. TORY HAS BEEN RECOGNIZED WITH NUMEROUS AWARDS AND HONORS, INCLUDING THE CFDA FOR ACCESSORY DESIGNER OF THE YEAR, 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. 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 EXECUTIVE DIRECTOR OF THE BABSON COLLEGE CENTER FOR WOMEN'S ENTREPRENEURIAL LEADERSHIP (CWEL), A CO-FOUNDER OF THE WOMEN INNOVATING NOW (WIN) LAB VENTURE ACCELERATOR, AND AN INSPIRED EDUCATOR AND ADVOCATE FOR INCLUSIVE INNOVATION AS A DRIVER OF SOCIAL AND ECONOMIC GROWTH. THROUGHOUT HER CAREER SUSAN HAS RECREATED WHAT IS POSSIBLE FOR THE ORGANIZATIONS SHE LEADS ACROSS DIVERSE SECTORS INCLUDING PHARMA; PROFESSIONAL SERVICES; ROBOTICS; AND EDUCATION. 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 IS A MEMBER OF THE NATIONAL WOMEN'S BUSINESS COUNCIL, SITS ON THE BOARD OF THE TORY BURCH FOUNDATION, AND SERVES ON THE EXPERT ADVISORY GROUP OF THE BIO-SCIENCE INVESTOR INCLUSION GROUP.YASMIN GREENYASMIN GREEN IS THE DIRECTOR OF RESEARCH AND DEVELOPMENT FOR 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.TRACEY KOZMETSKYTRACEY 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 AND DALLAS' CRYSTAL CHARITY BALL. 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 PROFESSIONNEL. SHE CONTINUED HER PROFESSIONAL GROWTH AND DEVELOPMENT BY CO-FOUNDING A PUBLIC RELATIONS FIRM, ENGELKING KOZMETSKY COMMUNICATIONS IN AUSTIN, TEXAS.FactsAndCircumstancesTestTxt

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferencePERRI PELTZFormAndLineReferenceDesc
ExplanationPERRI 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. 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. 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 FY2020 WHICH SHOWS THE ORGANIZATION'S EFFORTS TO BROADEN ITS FUNDRAISING AND SUPPORT.ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$9,854,330TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$23,252NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$4,405,997DonatedServicesAndUseFcltsAmt
Revenue Not Reported$4,429,249RevenueNotReportedAmt
Revenue Subtotal$5,425,081RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$5,425,081TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$6,714,697TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$4,405,997DonatedServicesUseFcltsAmt
Expenses Not Reported$4,405,997ExpensesNotReportedAmt
Expenses Subtotal$2,308,700ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$2,308,700TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTBF 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, 2017.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (6 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxt
ACTBLUE CHARITIES INC
366 SUMMER STREETSOMERVILLEMA02144473739141501(C)(3)$20,000TO HELP ERADICATE WHITE SUPREMACY AND BUILD LOCAL POWER TO INTERVENE IN VIOLENCE INFLICTED ON BLACK COMMUNITIES
EQUAL JUSTICE INITIATIVE
122 COMMERCE STREETMONTGOMERYAL36104631135091501(C)(3)$20,000TO HELP END MASS INCARCERATION AND EXCESSIVE PUNISHMENT IN THE UNITED STATES
NAACP LEGAL DEFENSE & EDUCATION FUND INC
40 RECTOR STREET 5TH FLOORNEW YORKNY10006131655255501(C)(3)$20,000TO EXPAND DEMOCRACY, ELIMINATE DISPARITIES, AND ACHIEVE RACIAL JUSTICE
ARTS BUSINESS COLLABORATIVE
3802 61ST STREETWOODSIDENY11377832173068501(C)(3)$20,000TO ADDRESS THE GLOBAL CRISIS FACED BY BLACK TRANS PEOPLE
MITCHELL KAPOR FOUNDATION
2148 BROADWAYOAKLANDCA946122310943330604501(C)(3)$20,000TO MAKE THE TECHNOLOGY ECOSYSTEM AND ENTREPRENEURSHIP MORE DIVERSE AND INCLUSIVE.
THE 19TH NEWS
3267 BEE CAVES ROAD SUITE 107353AUSTINTX78746842627202501(C)(3)$15,000TO EMPOWER WOMEN, PEOPLE OF COLOR AND THE LGBTQ+ COMMUNITY
FieldValueIRS element (for citing)
Total501c3 Org6Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeFELLOWS GRANTSGrantTypeTxt
Recipient50RecipientCnt
Cash Grant$257,709CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationTHE 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. ALL FELLOWS RECEIVE EDUCATION GRANTS AND REQUEST APPROVAL FROM FOUNDATION STAFF PRIOR TO USING THEIR EDUCATIONAL GRANT FUNDING. FOUNDATION STAFF REGULARLY MONITOR GRANT USAGE THROUGH AN ONLINE PORTAL THAT CAPTURES ALL TRANSACTIONS. FELLOWS ARE ASKED TO SUBMIT SEMIANNUAL UPDATES AND CORRESPOND WITH FOUNDATION STAFF REGULARLY VIA EMAIL, OUR PRIVATE ONLINE COMMUNITY, AND/OR ON VIRTUAL CALLS. THE ORGANIZATION PROVIDED SIX GRANTS TO ORGANIZATION DURING THE TAX YEAR 2020. ALL ORGANIZATION ARE 501(C)(3) PUBLIC CHARITIES WITH THE COMMON MISSION OF FIGHTING RACIAL INJUSTICE, WHICH IS IN FURTHERANCE OF THE ORGANIZATION'S MISSION TO EMPOWER WOMEN AND ENTREPRENEURS. THE DONATION WERE FOR GENERAL OPERATING SUPPORT OF THESE PUBLIC CHARITIES.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 2TORY 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 8BTHERE ARE CURRENTLY NO COMMITTEES THAT ARE MADE UP OF THE BOARD MEMBERS. THE CURRENT BOARD OVERSEES ALL AREAS OF THE ORGANIZATION.
FORM 990, PART VI, SECTION B, LINE 11BTORY 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 12CTORY 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 19THE 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 EXECUTIVE DIRECTOR 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 EXECUTIVE DIRECTOR WAS PAID $40,481 BY THE FOUNDATION IN 2019 FOR MARKETING AND EVENT SERVICES RENDERED TO THE FOUNDATION THROUGH HER LLC.
FORM 990, PART XII, LINE 2C:THE FOUNDATION'S FULL BOARD 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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