Cfda Foundation INC FY2020 filing
Supports emerging fashion designers through scholarships and grants while mobilizing the fashion industry to raise funds for global health, disaster relief, and social causes. For fiscal year 2020 it reported $8.2M in revenue, $9.3M in expenses, and $36.0M in net assets.Pt I
- Founded
- 1973
- Type
- Public foundation / grantmaker · Foundations & Grantmakers
- Location
- New York, NY
- Website
- www.cfda.com
- Filings
- 5 on file (2020–2020)
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Summary of the Filing
Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Steven Kolb’s $281K as CEO is at the 94th percentile of top reported officer pay among 1688 $1–10M philanthropy & grantmaking nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Steven Kolb | $280,701 | $294,480 | $301,850 | $298,832 | $271,665 |
| Casandra Diggs | — | $261,760 | $271,665 | $223,370 | $172,055 |
| Lisa Anne Smilor | $182,535 | $179,960 | $184,128 | $184,128 | $187,147 |
| Mark Francis Beckham | — | — | — | $126,777 | $114,703 |
| Sara Kozlowski | $122,972 | $121,064 | $125,268 | $110,478 | $105,648 |
| Ashley M Sandall | $122,007 | $124,336 | $121,344 | $101,422 | $96,592 |
| Marc Karimzadeh | $118,268 | $111,248 | $108,666 | $103,426 | — |
| Mark Karimzadeh | — | — | — | — | $99,200 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Where the work happens
Educational and professional development initiativesthe educational initiatives program is a professional and business development service of grants, scholarships and awards for design industry students,designers, and local ny fashion manufacturers.
Other campaigns and initiativesthrough campaigns and other industry initiatives the cfda foundation marshalls the goodwill and services of every element of the fashion industry to raise public awareness and funds for HIV/AIDS, disaster relief and general causes, in the us and internationally.
Fashion targets breast cancerlaunched by ralph lauren under the leadership of the council of fashion designers of america, FTBC initiatives have been embraced by the world's leading fashion designers, models, photographers and industry partners, and have helped to raise significant awareness and more than $55m to date.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 90% | — | — |
| Overhead ratio | 4% | — | — |
| Fundraising cost ratio | 7% | — | — |
| Legal fee ratio | 1% | — | — |
| Accounting fee ratio | 0.5% | — | — |
| Fundraising fee ratio | 0.2% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Grants
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Filings & Schedule Manifest
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Sources
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