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
95 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
15 people listed on the 990; $24K 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
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Capital
Capital program powered by bank of americatbf provides capital to women entrepreneurs through a variety of programs. The TBF 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.
Campaigns and Events
Embrace ambition summittbf's embrace ambition initiative is another key program. The #embraceambition initiative launched in march 2017 as a global initiative to change the cultural stigma around ambition in women.
Fellowships
Fellows programthe TBF 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.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2022 990, line by line.
Download 990
| Line | Start FY22 | End FY22 |
|---|---|---|
| Cash and savingsLn 1–2 | $12.1M | $9.4M |
| InvestmentsLn 11–13 | $0 | $2.6M |
| Total assetsLn 16 | $16.9M | $16.4M |
| LiabilitiesLn 26 | $655K | $371K |
| Net assetsLn 32 | $16.2M | $16.0M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $2.5M | $2.5M | ||
| Grants to domestic individualsLn 2 | $49K | $49K | ||
| Grants and assistance to foreign recipientsLn 3 | $5K | $5K | ||
| Pay of current officers, directors and key staffLn 5 | $31K | $31K | ||
| Legal feesLn 11b | $16K | $16K | ||
| Accounting feesLn 11c | $87K | $87K | ||
| Investment management feesLn 11f | $6K | $6K | ||
| Other fees for servicesLn 11g | $517K | $507K | $9K | |
| Advertising and promotionLn 12 | $145K | $145K | ||
| Office expensesLn 13 | $32K | $205 | $31K | |
| Information technologyLn 14 | $115K | $115K | ||
| TravelLn 17 | $168K | $156K | $12K | |
| Depreciation, depletion and amortizationLn 22 | $115K | $115K | ||
| Other expenses (24a–d)Ln 24 | $2.4M | $2.4M | $3K | |
| Total functional expensesLn 25 | $6.3M | $6.0M | $310K | $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 Viewing | $6.3M | $6.3M | $57K | $16.0M | 990 PDF |
| FY2021 | $5.3M | $1.8M | $3.5M | $16.2M | 990 PDF |
| FY2020 | $5.4M | $2.3M | $3.1M | $12.7M | 990 PDF |
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Schedules filed Part IV
See the full FY2022 990 (6 parts)
Part I · Summary $6,323,516 revenue, 12 lines filed
Part VI · Governance 13 of 13 board members independent, 3 to look at
Part VIII · Statement of revenue $6,323,516 across 6 lines filed
Part IX · Statement of functional expenses $6,266,050 across 14 lines filed
Part X · Balance sheet $16,399,744 assets, 15 lines filed
Part XI · Reconciliation of net assets $16,028,307 net assets at year end
Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File
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