Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jul 2009.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
84 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
12 people listed on the 990; $40K paid to officers and key staff.
Laurie Fabiano’s $31K as President Thru Jan 2024 is at the 2nd percentile of top reported officer pay among 3869 $1–10M human services 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 · 1 named individual · Part VII
| Name | FY2024 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|
| Laurie Fabiano | $31,000 | $24,500 | $92,950 | $40,481 |
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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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2Yes
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Empowers women and entrepreneurs with capital, education, and digital resources.
Questions for Tory Burch Foundation INC
Your first name shows with your question. Tory Burch Foundation INC answers here, for everyone.
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Capitalthe 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.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2020 990, line by line.
Download 990
| Line | Start FY20 | End FY20 |
|---|---|---|
| Cash and savingsLn 1–2 | $7.6M | $10.6M |
| InvestmentsLn 11–13 | $52K | $77K |
| Total assetsLn 16 | $10.0M | $13.2M |
| LiabilitiesLn 26 | $381K | $449K |
| Net assetsLn 32 | $9.6M | $12.7M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $115K | $115K | ||
| Grants to domestic individualsLn 2 | $258K | $258K | ||
| Pay of current officers, directors and key staffLn 5 | $82K | $82K | ||
| Legal feesLn 11b | $18K | $18K | ||
| Accounting feesLn 11c | $52K | $52K | ||
| Other fees for servicesLn 11g | $40K | $40K | ||
| Advertising and promotionLn 12 | $60K | $40K | $20K | |
| Office expensesLn 13 | $40K | $419 | $40K | |
| TravelLn 17 | $17K | $153 | $17K | |
| Other expenses (24a–d)Ln 24 | $1.6M | $1.5M | $152K | |
| Total functional expensesLn 25 | $2.3M | $1.9M | $381K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 | $6.4M | $5.3M | $1.1M | $19.2M | 990 PDF |
| FY2023 | $3.5M | $2.8M | $725K | $17.2M | 990 PDF |
| FY2022 | $6.3M | $6.3M | $57K | $16.0M | 990 PDF |
| FY2021 | $5.3M | $1.8M | $3.5M | $16.2M | 990 PDF |
| FY2020 Viewing | $5.4M | $2.3M | $3.1M | $12.7M | 990 PDF |
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Schedules filed Part IV
See the full FY2020 990 (6 parts)
Part I · Summary $5,425,081 revenue, 12 lines filed
Part VI · Governance 11 of 11 board members independent, 3 to look at
Part VIII · Statement of revenue $5,425,081 across 4 lines filed
Part IX · Statement of functional expenses $2,308,700 across 10 lines filed
Part X · Balance sheet $13,185,456 assets, 13 lines filed
Part XI · Reconciliation of net assets $12,736,649 net assets at year end
Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File
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