TORY BURCH FOUNDATION INC: Form 990, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
TORY BURCH FOUNDATION INC (EIN 26-3660127)
Tax period
2017-10-01 to 2018-09-30
Filed
2019-08-14
IRS object ID
201932269349302568
Schema version
2017v2.3
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)
Return2019-08-14T16:27:01-05:00ReturnTs
Tax Period End2018-09-30TaxPeriodEndDt

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 Line1665 FIFTH AVENUEAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10022ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2017-10-01TaxPeriodBeginDt

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 TitleCHAIR/TREASURERPersonTitleTxt
Phone6467236689PhoneNum
Signature2019-08-14SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonGARRETT M HIGGINSPreparerPersonNm
PTINP00543209PTIN
Phone2122862600PhoneNum
Preparation2019-08-14PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address4.15.211.182IPv4AddressTxt
FieldValueIRS element (for citing)
IP2019-08-14IPDt
IP Tm16:18:48IPTm
IP TimezoneEDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdDA39A3EE5E6B4B0D3255BFEF95601890AFD80709AtSubmissionCreationDeviceId
At Submission Filing Device IdC5C0E2060BEB3F24671B5CC0358F632D6B4109ADAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2019-02-21 02:37:17ZBuildTS

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$7,177,912GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.TORYBURCHFOUNDATION.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2008FormationYr
Legal Domicile StateDELegalDomicileStateCd
Activity Or MissionNON-PROFIT 501(C)(3) ORGANIZATION THAT ADVANCES WOMEN'S EMPOWERMENT AND ENTREPRENEURSHIP IN THE UNITED STATES BY PROVIDING ACCESS TO CAPITAL, EDUCATION AND DIGITAL RESOURCES.ActivityOrMissionDesc
Voting Members Governing Body11VotingMembersGoverningBodyCnt
Voting Members Independent11VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers80TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$1,240,743PYContributionsGrantsAmt
CY Contributions Grants$2,870,640CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$42,164PYInvestmentIncomeAmt
CY Investment Income$76,493CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$1,282,907PYTotalRevenueAmt
CY Total Revenue$2,947,133CYTotalRevenueAmt
PY Grants And Similar Paid$150,000PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$100,000CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$555,968PYOtherExpensesAmt
CY Other Expenses$1,331,968CYOtherExpensesAmt
PY Total Expenses$705,968PYTotalExpensesAmt
CY Total Expenses$1,431,968CYTotalExpensesAmt
PY Revenues Less Expenses$576,939PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$1,515,165CYRevenuesLessExpensesAmt
Total Assets BOY$6,549,335TotalAssetsBOYAmt
Total Assets EOY$8,072,056TotalAssetsEOYAmt
Total Liabilities BOY$221,394TotalLiabilitiesBOYAmt
Total Liabilities EOY$213,644TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$6,327,941NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$7,858,412NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTORY BURCH FOUNDATION, INC. (TBF) IS A NOT-FOR-PROFIT CORPORATION FORMED IN OCTOBER 2008 TO ADVANCE WOMEN'S EMPOWERMENT AND ENTREPRENEURSHIP IN THE UNITED STATES BY PROVIDING ACCESS TO CAPITAL, EDUCATION AND DIGITAL RESOURCES.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$1,322,561ExpenseAmt
Grant$100,000GrantAmt
DescTHE TORY BURCH FOUNDATION EMPOWERS WOMEN ENTREPRENEURS BY PROVIDING ACCESS TO CAPITAL, EDUCATION AND DIGITAL RESOURCES. WOMEN ENTREPRENEURS FACE SIGNIFICANT BARRIERS TO ACCESSING CAPITAL AND GROWING THEIR BUSINESSES. OUR PROGRAMS HELP TO LEVEL THE PLAYING FIELD FOR WOMEN ENTREPRENEURS. THE TORY BURCH FOUNDATION WEBSITE IS A DIGITAL RESOURCE HUB WITH RICH CONTENT FOR ALL WOMEN ENTREPRENEURS. THERE ARE SCORES OF ORIGINAL ARTICLES ADDRESSING FINANCE, MARKETING, OPERATIONS AND MORE; INTERVIEWS WITH SUCCESSFUL BUSINESS PEOPLE; AND TOOLS, SUCH AS A BUSINESS PLAN BUILDER. [SEE CONTINUATION ON SCHEDULE O]THE TORY BURCH FOUNDATION CAPITAL PROGRAM, POWERED BY BANK OF AMERICA PROVIDES ACCESS TO AFFORDABLE LOANS THROUGH LOCAL COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS (CDFIS) FOR EARLY-STAGE WOMEN ENTREPRENEURS ACROSS THE UNITED STATES. OUR TORY BURCH FOUNDATION FELLOWS PROGRAM PROVIDES WOMEN ENTREPRENEURS WITH A COMMUNITY OF SUPPORT TO GROW AND SCALE THEIR BUSINESSES. ALL TOO OFTEN, AMBITION IN A WOMAN IS SEEN AS A NEGATIVE. OUR #EMBRACEAMBITION INITIATIVE CHALLENGES THIS UNCONSCIOUS BIAS AND GENDER STEREOTYPE.Desc
Total Program Service Expenses$1,322,561TotalProgramServiceExpensesAmt
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
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
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 Organizations0GrantsToOrganizationsInd
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 With Officer Ent0BusinessRlnWithOfficerEntInd
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 Document21IRPDocumentCnt
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
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 CommitteesYes (1)MinutesOfCommitteesInd
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 Enfrc0RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
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
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (12 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
TORY BURCH
PRESIDENT3.00Yes (X)Yes (X)$0$0$0
ROBERT ISEN
CHAIR AND TREASURER3.00Yes (X)Yes (X)$0$0$0
JAMES ROBINSON
SECRETARY2.00Yes (X)Yes (X)$0$0$0
HAYLEY BOESKY
BOARD MEMBER2.00Yes (X)$0$0$0
SUSAN DUFFY
BOARD MEMBER1.00Yes (X)$0$0$0
YASMIN GREEN
BOARD MEMBER1.00Yes (X)$0$0$0
TRACEY KOZMETSKY
BOARD MEMBER1.00Yes (X)$0$0$0
PERRI PELTZ
BOARD MEMBER1.00Yes (X)$0$0$0
DEBORAH ROBERTS
BOARD MEMBER1.00Yes (X)$0$0$0
JAMIE TISCH
BOARD MEMBER1.00Yes (X)$0$0$0
TONY TJAN
BOARD MEMBER1.00Yes (X)$0$0$0
LAURIE FABIANO
EXECUTIVE DIRECTOR40.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
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

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE HARBOR PICTURE COMPANYBusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

FieldValueIRS element (for citing)
Address Line1185 VARICK STREETAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10014ZIPCd
FieldValueIRS element (for citing)
ServicesPRODUCTION SERVICEServicesDesc
Compensation$124,419CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt
All Other Contributions$2,870,640AllOtherContributionsAmt
Noncash Contributions$19,779NoncashContributionsAmt
Total Contributions$2,870,640TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$74,866TotalRevenueColumnAmt
Exclusion$74,866ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$4,232,406SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$4,230,779SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$1,627SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,627TotalRevenueColumnAmt
Exclusion$1,627ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,947,133TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$76,493ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$100,000TotalAmt
Program Services$100,000ProgramServicesAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$1,941TotalAmt
Management And General$1,941ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$75,041TotalAmt
Management And General$75,041ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$50,706TotalAmt
Program Services$39,206ProgramServicesAmt
Management And General$11,500ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$73,397TotalAmt
Program Services$73,397ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$18,412TotalAmt
Program Services$9,219ProgramServicesAmt
Management And General$9,193ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$8,853TotalAmt
Program Services$8,853ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$12,498TotalAmt
Program Services$12,498ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$11,732TotalAmt
Management And General$11,732ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescMENTORING/EDU. EVENTSDesc
Total$1,079,388TotalAmt
Program Services$1,079,388ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,431,968TotalAmt
Program Services$1,322,561ProgramServicesAmt
Management And General$109,407ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$858,327BOYAmt
EOY$565,386EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$5,483,765BOYAmt
EOY$5,729,079EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$192,796BOYAmt
EOY$1,774,572EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$10,000BOYAmt
EOY$490EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$4,447BOYAmt
EOY$2,529EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$6,549,335BOYAmt
EOY$8,072,056EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$30,016BOYAmt
EOY$35,385EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$124,316BOYAmt
EOY$113,262EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$67,062BOYAmt
EOY$64,997EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$221,394BOYAmt
EOY$213,644EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$6,327,941BOYAmt
EOY$7,858,412EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$6,327,941BOYAmt
EOY$7,858,412EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$6,549,335BOYAmt
EOY$8,072,056EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$1,515,165ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$2,644NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$17,950OtherChangesInNetAssetsAmt
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 CommitteeYes (1)AuditCommitteeInd
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$1,419,709CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,387,940CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,130,291CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,240,743CurrentTaxYearMinus1YearAmt
Current Tax Year$2,870,640CurrentTaxYearAmt
Total$9,049,323TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,419,709CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,387,940CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,130,291CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,240,743CurrentTaxYearMinus1YearAmt
Current Tax Year$2,870,640CurrentTaxYearAmt
Total$9,049,323TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$6,414,368SubstantialContributorsTotAmt
Public Support Total170$2,634,955PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$3,169CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$11,730CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$32,131CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$42,164CurrentTaxYearMinus1YearAmt
Current Tax Year$74,866CurrentTaxYearAmt
Total$164,060TotalAmt
FieldValueIRS element (for citing)
Total Support$9,213,383TotalSupportAmt
Public Support CY1700.28600PublicSupportCY170Pct
Public Support PY1700.28740PublicSupportPY170Pct
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 28.60%, WELL ABOVE THE 10% REQUIRED TO QUALIFY AS A PUBLICLY SUPPORTED ORGANIZATION. 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 COMMUNITY. 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 THAT INSPIRES PEOPLE AROUND THE WORLD TO LIVE IN FULL COLOR WITH CHARACTER, BEAUTY AND CONFIDENCE. THE COLLECTION INCLUDES READY-TO-WEAR, SHOES, HANDBAGS, ACCESSORIES, HOME AND FRAGRANCE.TORY LAUNCHED THE COMPANY IN 2004 WITH A SMALL BOUTIQUE ON ELIZABETH STREET IN MANHATTAN AS WELL AS AN ECOMMERCE SITE. THE BRAND'S CLASSIC AND BOHEMIAN AESTHETIC RESONATED FROM THE BEGINNING, AND HAS GROWN INTO A GLOBAL BUSINESS WITH MORE THAN 250 BOUTIQUES FROM NEW YORK TO PARIS AND SHANGHAI, AS WELL AS WEBSITES IN NORTH AMERICA, EUROPE AND ASIA.IN 2015, SHE LAUNCHED TORY SPORT, A COLLECTION INSPIRED BY THE GRACE AND STRENGTH OF ATHLETES THAT BALANCES HIGH-TECH FUNCTIONAL FABRICS WITH CLASSIC DESIGN AND A RETRO VIBE. CATEGORIES INCLUDE COMING & GOING, RUNNING, STUDIO, TENNIS AND GOLF.SOCIAL RESPONSIBILITY WAS PART OF THE BUSINESS PLAN AND IS AN INTEGRAL PART OF THE COMPANY. IN 2009, TORY 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.A DEDICATED PHILANTHROPIST, SHE ALSO SERVES ON SEVERAL BOARDS INCLUDING THE SOCIETY OF MEMORIAL SLOAN-KETTERING CANCER CENTER, THE BREAST CANCER RESEARCH FOUNDATION, THE BARNES FOUNDATION 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 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.A GRADUATE OF THE UNIVERSITY OF PENNSYLVANIA WITH A DEGREE IN ART HISTORY, TORY LIVES IN NEW YORK CITY WITH HER HUSBAND AND THREE SONS.HAYLEY BOESKYHAYLEY IS VICE CHAIRMAN OF GLOBAL MARKETS AT BANK OF AMERICA MERRILL LYNCH, WORKING ACROSS ALL LINES OF BUSINESS TO DEEPEN PARTNERSHIPS WITH THE FIRM'S HIGHEST PRIORITY CLIENTS. SHE WAS PREVIOUSLY AT THE FEDERAL RESERVE BANK OF NEW YORK IN THE MARKETS GROUP WHERE SHE SERVED AS VICE PRESIDENT AND DIRECTOR OF MARKET ANALYSIS. PRIOR TO JOINING THE FEDERAL RESERVE, HAYLEY WORKED AT MOORE CAPITAL MANAGEMENT AND SEPARATELY WAS CHIEF U.S. RATES STRATEGIST AT GOLDMAN SACHS. HAYLEY HOLDS A DOCTORATE IN ASTROPHYSICS FROM COLUMBIA UNIVERSITY AND STUDIED MATHEMATICS AND FRENCH AT THE UNIVERSITY OF PENNSYLVANIA. SHE IS ALSO ON THE TRUSTEES COUNCIL OF PENN WOMEN AND IS A MEMBER OF THE COUNCIL ON FOREIGN RELATIONS.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 GENDER EQUITY 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 CONSTRUCTION; FOOD, NUTRITION AND HEALTH; AND EDUCATION. SHE EARNED HER PH.D. FROM THE GEORGE WASHINGTON UNIVERSITY AND IN 2016 WAS INDUCTED INTO THE PRESTIGIOUS WILFORD WHITE FELLOWS OF THE INTERNATIONAL COUNCIL FOR SMALL BUSINESS. SUSAN HAS BEEN RECOGNIZED GLOBALLY AS AN AWARD WINNING ENTREPRENEURIAL EDUCATOR, IS AN INVESTOR AND ADVISOR TO SEVERAL EARLY STAGE COMPANIES, AND SERVES ON THE BOARDS OF THE WALMART FOUNDATION INTERNATIONAL ADVISORY COUNCIL, THE INTERNATIONAL COUNCIL FOR SMALL BUSINESS WOMEN'S COMMITTEE, AND BABSON WOMEN IN TECHNOLOGY.YASMIN GREENYASMIN IS THE HEAD OF RESEARCH AND DEVELOPMENT FOR JIGSAW, A TECHNOLOGY INCUBATOR WITHIN ALPHABET INC. FOCUSED ON SOLVING GLOBAL SECURITY CHALLENGES THROUGH TECHNOLOGY. SHE OVERSEES THE TEAM'S RESEARCH AS WELL AS ITS WORK ON COUNTER-RADICALIZATION AND ONLINE HATE, HARASSMENT AND INTIMIDATION. YASMIN WAS PREVIOUSLY HEAD OF STRATEGY AND OPERATIONS FOR GOOGLE IDEAS, NOW JIGSAW. PRIOR TO JOINING GOOGLE, YASMIN CONSULTED FOR BOOZ ALLEN HAMILTON. SHE IS A SENIOR ADVISOR ON INNOVATION TO OXFORD ANALYTICA, A MEMBER OF THE ASPEN CYBER STRATEGY GROUP, AND UNTIL 2015 CO-CHAIRED THE EUROPEAN COMMISSION'S' WORKING GROUP ON ONLINE RADICALIZATION. IN 2017, YASMIN WAS NAMED AS ONE OF FORTUNE'S "40 UNDER 40" MOST INFLUENTIAL YOUNG LEADERS, AND IN 2016 WAS LISTED BY FAST COMPANY AS ONE OF THE "MOST CREATIVE PEOPLE IN BUSINESS."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 AND TABITHA SIMMONS.TRACEY KOZMETSKYTRACEY HOLDS A B.A. FROM TEXAS CHRISTIAN UNIVERSITY AND BEGAN HER PROFESSIONAL CAREER AT WOMEN'S WEAR DAILY AND LOREAL PROFESSIONNEL. IN 1999, SHE STARTED HER OWN PUBLIC RELATIONS FIRM, ENGELKING KOZMETSKY COMMUNICATIONS, LLC. TRACEY HAS BEEN INVOLVED WITH THE RGK FOUNDATION FOR 19 YEARS. SHE IS THE 2015 BOARD CHAIR FOR THE DALLAS CHILDREN'S ADVOCACY CENTER AND SERVES ON THE BOARD OF DIRECTORS OF DALLAS CHILDREN'S MEDICAL CENTER. SHE IS ALSO A MEMBER OF THE CRYSTAL CHARITY BALL. AMONG NUMEROUS AWARDS, SHE RECEIVED THE NORTH STAR AWARD RANKING HER AMONG THE TOP TEN CIVIC VOLUNTEERS IN DALLAS.FactsAndCircumstancesTestTxt

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferencePERRI PELTZFormAndLineReferenceDesc
ExplanationPERRI PELTZ IS A DOCUMENTARY FILMMAKER, JOURNALIST AND PUBLIC HEALTH ADVOCATE WHO MOST RECENTLY DIRECTED THE HBO DOCUMENTARY, "WARNING: THIS DRUG MAY KILL YOU," ABOUT THE OPIOID ADDICTION EPIDEMIC. SHE ALSO CO-PRODUCED AND CO-DIRECTED THE HBO DOCUMENTARY, "RISKY DRINKING," A NO-HOLDS-BARRED LOOK AT ALCOHOL USE. SHE 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.," "THE EDUCATION OF DEE DEE RICKS," "PRISON DOGS AND "A JOURNEY OF A THOUSAND MILES: PEACEKEEPERS." PERRI HOSTS "THE PERRI PELTZ SHOW AND "DOCTOR RADIO REPORTS" FOR THE SIRIUSXM SATELLITE NETWORK. BEFORE WORKING IN DOCUMENTARY FILMS, PERRI WAS AN AWARD-WINNING BROADCAST JOURNALIST FOR NBC, ABC, AND CNN. SHE IS CURRENTLY A DOCTORAL CANDIDATE AT COLUMBIA UNIVERSITY'S SCHOOL OF PUBLIC HEALTH AND ATTENDED BROWN UNIVERSITY. DEBORAH ROBERTS DEBORAH ROBERTS IS AN AWARD-WINNING ABC NEWS CORRESPONDENT FOR 20/20, NIGHTLINE, GOOD MORNING AMERICA, AND ABC WORLD NEWS TONIGHT WITH DAVID MUIR. A MEDIA VETERAN, ROBERTS IS A HIGHLY RESPECTED JOURNALIST WHO HAS TRAVELED THE WORLD IN HER REPORTING. SHE HAS ALSO SERVED AS SUBSTITUTE ANCHOR FOR GOOD MORNING AMERICA, WORLD NEWS WEEKEND AND 20/20, AS WELL AS A CO-HOST ON THE VIEW. ROBERTS' LONG FORM REPORTS ON 20/20 HAVE CONSISTENTLY PRODUCED EXTRAORDINARY NARRATIVES SUCH AS AN INTIMATE PROFILE OF FIRST LADY MICHELLE OBAMA, FIRST DAUGHTER IVANKA TRUMP AND AN IN-DEPTH INVESTIGATION INTO ABUSE WITHIN THE AMISH COMMUNITY. SHE HAS REPORTED FROM AFRICA ON CHILDREN ORPHANED BY THE HIV/AIDS CRISIS AND WAS PART OF THE HISTORIC COVERAGE OF THE INAUGURATION OF PRESIDENT BARACK OBAMA. ROBERTS HAS BEEN AWARDED MULTIPLE EMMY AWARDS FOR HER INTERNATIONAL AND NATIONAL COVERAGE OF WORLD EVENTS, INCLUDING HER POIGNANT REPORTING ON AN ETHIOPIAN AMERICAN WOMAN'S EMOTIONAL JOURNEY BACK TO HER AFRICAN VILLAGE TO DISCOVER HER LONG -LOST MOTHER. ROBERTS IS AUTHOR OF "BEEN THERE, DONE THAT: FAMILY WISDOM FOR MODERN TIMES," A BOOK WRITTEN WITH HER HUSBAND, AL ROKER. SHE MAKES HER HOME IN MANHATTAN WITH HER HUSBAND AND TWO 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 $500 MILLION. HE HAS ALSO CREATED MARKETING CAMPAIGNS ON BEHALF OF A NUMBER OF THE NATION'S LEADING BRANDS INCLUDING HALLMARK CARDS, GAP, MCDONALD'S, COCA-COLA, RAWLINGS SPORTING GOODS AND DUNKIN' DONUTS. JAMIE IS ALSO A BOARD MEMBER OF THE MARKS COLORECTAL SURGICAL FOUNDATION AND ASHLEY'S ANGELS. HE IS A GRADUATE OF GEORGETOWN UNIVERSITY. 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 AND WAS THE FOUNDER OF ZEFER. 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; PUBLIC PARTICIPATION IN PROGRAM OR POLICIES: THE TORY BURCH FOUNDATION RUNS NATION-WIDE PUBLIC PROGRAMS EMPOWERING WOMEN ENTREPRENEURS. THE PROGRAMS AND INITIATIVES ARE AS FOLLOWS: ACCESS TO AFFORDABLE CAPITAL PROGRAM THE TORY BURCH FOUNDATION CAPITAL PROGRAM POWERED BY BANK OF AMERICA PROVIDES WOMEN ENTREPRENEURS IN THE UNITED STATES THE OPPORTUNITY TO ACCESS AFFORDABLE LOANS THROUGH COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS (CDFIS). (THE PROGRAM WAS ORIGINALLY KNOWN AS "ELIZABETH STREET CAPITAL".) THE LOANS ARE MADE TO WOMEN ENTREPRENEURS OPERATING EARLY STAGE VENTURES IN ALL INDUSTRIES. EDUCATION IN PARTNERSHIP WITH GOLDMAN SACHS 10,000 SMALL BUSINESSES AND BABSON COLLEGE, THE TORY BURCH FOUNDATION PROVIDES SPECIALIZED, PRACTICAL BUSINESS EDUCATION FOR WOMEN ENTREPRENEURS. THE CURRICULUM IS DESIGNED TO PROVIDE ENTREPRENEURS WITH TOOLS AND SUPPORT TO PRACTICE NEGOTIATION SKILLS, FINANCIAL, MARKETING AND EMPLOYEE MANAGEMENT. DURING THREE-MONTH COURSES, STUDENTS ATTEND CLASSES AND RECEIVE WEEKLY ONE-ON-ONE BUSINESS ADVISING TO DEVELOP A STRATEGIC AND TAILORED PLAN FOR BUSINESS GROWTH. THE GOLDMAN SACHS 10,000 SMALL BUSINESSES PROGRAM EXISTS ON THE GROUND IN 13 REGIONS AND ALSO PROVIDES A NATIONAL PROGRAM THAT INCLUDES ONLINE AND IN-PERSON SESSIONS. FELLOWS PROGRAM THE TORY BURCH FOUNDATION FELLOWS PROGRAM IS A NATIONAL PROGRAM FOR WOMEN ENTREPRENEURS. WOMEN ENTREPRENEURS, FROM ACROSS THE UNITED STATES, SUBMIT APPLICATIONS ONLINE. TEN ENTREPRENEURS ARE SELECTED ANNUALLY. EACH FELLOW RECEIVES A GRANT FOR BUSINESS EDUCATION, PARTICIPATES IN EDUCATIONAL WORKSHOPS TAUGHT BY INDUSTRY EXPERTS OVER THREE DAYS HOSTED BY THE FOUNDATION IN NEW YORK, AND IS PROVIDED WITH MENTORING AND GUIDANCE DURING THE ONE-YEAR PROGRAM. NETWORKING AND MENTORING EVENTS THE FOUNDATION ALSO HOSTS MENTORING EVENTS FOR WOMEN ENTREPRENEURS TO PROVIDE INFORMATION AND INSPIRATION AND TO CREATE PEER NETWORKS. THROUGH "WOMEN RULE", A PARTNERSHIP WITH POLITICO AND GOOGLE, THE FOUNDATION HAS HELD A SERIES OF EVENTS EXPLORING HOW WOMEN ARE LEADING CHANGE IN POLITICS, POLICY AND THEIR COMMUNITIES. #EMBRACEAMBITION THE FOUNDATION'S INITIATIVE #EMBRACEAMBITION LAUNCHED IN MARCH 2017, ENCOURAGES WOMEN EVERYWHERE TO OWN THEIR POWER, THEIR DRIVE, THEIR DREAMS, AND TO OVERCOME STEREOTYPES ABOUT WOMEN AND AMBITION. THE WEBSITE EMBRACEAMBITION.ORG INVITES THE PUBLIC TO CELEBRATE A WOMAN OR GIRL THAT INSPIRES THEM TO #EMBRACEAMBITION THROUGH CUSTOM SOCIAL TOOLS AND FILTERS. ALSO, ON THE SITE IS AN AMBITION GUIDEBOOK, WHICH IS A DOWNLOADABLE TOOL. DIGITAL THE TORY BURCH FOUNDATION WEBSITE IS A DIGITAL RESOURCE HUB WITH RICH AND REGULAR CONTENT FOR ENTREPRENEURS. THERE ARE SCORES OF ORIGINAL ARTICLES ADDRESSING FINANCE, MARKETING, OPERATIONS AND MORE; INTERVIEWS WITH SUCCESSFUL BUSINESS PEOPLE; AND TOOLS, SUCH AS A BUSINESS PLAN BUILDER. THERE IS ALSO A DONATION PORTAL FOR THE PUBLIC WWW.TORYBURCHFOUNDATION.ORG.ExplanationTxt

Schedule B IRS990ScheduleB

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$4,616,010TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$2,644NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$1,671,521DonatedServicesAndUseFcltsAmt
Revenue Not Reported$1,668,877RevenueNotReportedAmt
Revenue Subtotal$2,947,133RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$2,947,133TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$3,085,539TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$1,671,521DonatedServicesUseFcltsAmt
Expenses Not Reported$1,671,521ExpensesNotReportedAmt
Expenses Subtotal$1,414,018ExpensesSubtotalAmt
Other Expenses Not Included$17,950OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$17,950ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$1,431,968TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
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, 2015.
PART XII, LINE 4B - OTHER ADJUSTMENTS:GRANT REFUND NETTED AGAINST GRANT EXPENSES 17,950.

Schedule I IRS990ScheduleI

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

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeFELLOWS GRANTSGrantTypeTxt
Recipient10RecipientCnt
Cash Grant$100,000CashGrantAmt

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 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 ONLINE VOTING GRANT RECIPIENTS REQUEST APPROVAL FROM FOUNDATION STAFF PRIOR TO USING THEIR EDUCATIONAL GRANT FUNDING AND MEET OR CORRESPOND WITH FOUNDATION STAFF TO DISCUSS THEIR PROGRESS TOWARDS BUSINESS AND EDUCATIONAL GOALS MONTHLY, DURING THE ONE-YEAR FELLOWSHIP, AND AT LEAST ON AN ANNUAL BASIS THEREAFTER. FOUNDATION STAFF REGULARLY MONITOR GRANT USAGE THROUGH AN ONLINE PORTAL THAT CAPTURES ALL TRANSACTIONS.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 2TORY BURCH (PRESIDENT), ROBERT ISEN (CHAIR AND TREASURER), AND JAMES ROBINSON (SECRETARY) HAVE A FAMILY RELATIONSHIP. TORY BURCH (PRESIDENT) AND ROBERT ISEN (CHAIR AND TREASURER) HAVE A BUSINESS RELATIONSHIP.
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 12TORY BURCH FOUNDATION HAS IN PLACE A CONFLICT OF INTEREST POLICY, WHICH APPLIES TO ALL DIRECTORS, PRINCIPAL OFFICERS, AND MEMBERS OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS. EACH DIRECTOR, OFFICER, AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS IS REQUIRED TO SIGN A CONFLICT OF INTEREST DISCLOSURE STATEMENT ANNUALLY. AN INTERESTED PERSON MUST DISCLOSE AS SOON AS PRACTICABLE TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS 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 WILL LEAVE THE ROOM AND THE REMAINING BOARD OR COMMITTEE MEMBERS DECIDE IF A CONFLICT OF INTEREST EXISTS. WITH RESPECT TO ANY BOARD OR BOARD COMMITTEE'S DISCUSSION, DECISION, OR ACTIONS INVOLVING TRANSACTIONS IN WHICH A DIRECTOR OR OFFICER HAS A CONFLICT OF INTEREST, THE MINUTES OF THE GOVERNING BOARD AND BOARD COMMITTEE WILL REFLECT THE BOARD'S DELIBERATIONS AND VOTING PROCESS. THE FOUNDATION IS CURRENTLY IN THE PROCESS OF IMPLEMENTING AN ANNUAL PRACTICE ON MONITORING PROPOSED OR ONGOING TRANSACTIONS FOR CONFLICT OF INTEREST AND DEALING WITH POTENTIAL OR ACTUAL CONFLICTS.
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 VI, SECTION B, LINE 13-14:FOR THE TAX YEAR ENDED 9/30/2018, THE FOUNDATION DOES NOT HAVE A WRITTEN WHISTLEBLOWER POLICY OR A WRITTEN DOCUMENT RETENTION AND DESTRUCTION POLICY. HOWEVER, THE FOUNDATION IS IN THE PROCESS OF ADOPTING A WRITTEN WHISTLEBLOWER POLICY AND A WRITTEN DOCUMENT RETENTION AND DESTRUCTION POLICY.
FORM 990, PART VII, SECTION A:THE EXECUTIVE DIRECTOR OF TORY BURCH FOUNDATION, INC. IS EMPLOYED BY TORY BURCH LLC. HER TIME IS DONATED BY TORY BURCH LLC.
FORM 990, PART XI, LINE 9:GRANT REFUND NETTED AGAINST GRANT EXPENSES 17,950.
FORM 990, PART XII, LINE 2C:THE PROCESS FOR SELECTING AN INDEPENDENT ACCOUNTANT AND ESTABLISHING A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT HAS NOT CHANGED FROM PRIOR YEARS.

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