EIN 26-3660127

Tory Burch Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2008
Most recent tax filings
2023-09-01
Description
The Tory Burch Foundation empowers women and women entrepreneurs by providing access to capital, education, and digital resources. The foundation offers the TBF Fellows program, a national program for early-stage women entrepreneurs with 50 annual selections. Each fellow receives various benefits. Moreover, TBF provides educational resources to women entrepreneurs through small business webinars. Due to the COVID-19 pandemic, TBF pivoted to offer quality information free of charge for small business owners to navigate changing environments.
Total revenues
$3,530,589
2023
Total expenses
$2,805,384
2023
Total assets
$17,370,807
2023
Num. employees
0
2023

Program areas at Tory Burch Foundation

Capital:capital program powered by bank of americathe 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. [see schedule o for continuation]capital:women of color grant programthe women of color grant program provides $10,000 and $20,000 grants to women of color-owned businesses. These entrepreneurs also receive access to education and community in partnership with the fearless fund. Nestthe Tory Burch Foundation partnership with nest provided repayable grants to women artisans and makers in select cities in the u.s. as of fy23, the Foundation has supported artisans through the nest revolving maker fund supported by the Tory Burch Foundation. This program concluded in july 2023.
Campaigns and events:seed boxes the Tory Burch Foundation curates a selection of products made by women owned businesses into one seasonal gift box. Designed to help promote the featured founders' brands.
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. In november 2020, the Foundation launched an exclusive loan program in partnership with kiva to provide no-interest loans for working capital needs.fellowships:igi fellowshipin november 2020, the Tory Burch Foundation launched the Tory Burch fellowship in partnership with the innovative genomics institute (igi). One woman science entrepreneur was chosen to be embedded at igi for one year with the use of their labs and their staff as mentors. These entrepreneurs also had the option of joining the tbf fellows community and were given access to all tbf programming. This program concluded in september 2023.vfilesin may 2022, the Tory Burch Foundation launched a partnership with vfiles to support a vfiles lab entrepreneur through the Tory Burch Foundation fellows program. The vfiles Foundation is a 501(c)(3) organization with the mission to increase business ownership for creators in underrepresented communities (bipoc, women, lgbtq+). The vfiles Foundation provides seed grants, mentorship, and soft skills training through its flagship program, vfiles lab. One entrepreneur was chosen to participate in the tbf fellows community and was given access to all the tbf programming. This program concluded in june 2023.billie jean king sports fellowshipin april 2023, the Tory Burch Foundation launched a partnership with the billie jean king cup and the international tennis federation to support women entrepreneurs in the sports industry through the Tory Burch Foundation fellows program. This entrepreneur was also given additional resources and support from leaders in the sports industry.
Education programs:small business webinarsas a result of the covid-19 pandemic, the Tory Burch Foundation pivoted to offer small business owners credible, quality information for free to help them navigate the changing landscape. Starting in april 2020, the Foundation launched a recurring small business webinar series to provide the most relevant and current information for women business owners. The series is moderated by the Foundation team and features top experts. Additionally, the Foundation continues to produce free articles and online tools for our community in order to ensure small business owners have the resources they need to survive and sustain beyond the pandemic.digital resourcesthe Tory Burch Foundation website is a digital 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.

Grants made by Tory Burch Foundation

GranteeGrant descriptionAmount
Fearless FoundationTo Support the Organization's Grant Program To Small Businesses Owned and Led By Women of Color.$1,150,000
Dolores C Huerta FoundationTo Support the Organization's Neighbors United Program.$10,000

Who funds Tory Burch Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Goldman Sachs FoundationGrant To Support the One Million Black Women Initiative.$1,157,000
Kozmetsky Family FoundationSupport for the Embrace Ambition Summit Designed To Address the Double Standard That Exists Around Ambition, Challenging Stereotypes and Unconscious Bias Surrounding Race, Gender, and Sexuality$175,000
National Philanthropic TrustHuman Services$40,000
...and 6 more grants received

Personnel at Tory Burch Foundation

NameTitleCompensation
Tory BurchExecutive Chairman and Chief Creative Officer$0
Robert IsenChair$0
Reepal ShahTreasurer$0
James RobinsonSecretary$0
Laurie FabianoPresident$0

Financials for Tory Burch Foundation

RevenuesFYE 09/2023
Total grants, contributions, etc.$2,998,588
Program services$0
Investment income and dividends$543,488
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-11,487
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$3,530,589

Form 990s for Tory Burch Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-092024-08-15990View PDF
2022-092023-08-14990View PDF
2021-092022-08-15990View PDF
2020-092021-08-11990View PDF
2019-092020-10-08990View PDF
...and 9 more Form 990s

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Data update history
September 23, 2024
Posted financials
Added Form 990 for fiscal year 2023
September 22, 2024
Used new vendors
Identified 4 new vendors, including , , , and
September 21, 2024
Updated personnel
Identified 3 new personnel
May 18, 2024
Received grants
Identified 6 new grant, including a grant for $175,000 from Kozmetsky Family Foundation
December 25, 2023
Received grants
Identified 2 new grant, including a grant for $1,157,000 from Goldman Sachs Foundation
Nonprofit Types
Grantmaking organizationsHuman service organizationsCharities
Issues
Human services
Characteristics
Provides grantsOperates internationallyCommunity engagement / volunteeringTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
11 W 19th St 7th FL
New York, NY 10011
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
New York County, NY
Website URL
toryburchfoundation.org/ 
Phone
(646) 723-6689
IRS details
EIN
26-3660127
Fiscal year end
September
Taxreturn type
Form 990
Year formed
2008
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
P20: Human Service Organizations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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