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The Luxury Education Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 133490808 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is The Luxury Education Foundation?

The Luxury Education Foundation, located at 1397 SECOND AVENUE 179, New York, NY 10021, is a nonprofit organization dedicated to fostering educational growth in the luxury field. Their primary focus is on providing grants to learning institutions to support programs in design and business, specifically related to the creation and marketing of luxury goods. Through their initiatives, the foundation offers undergraduate and graduate students various platforms to interact with senior executives from leading luxury firms. This interaction helps students gain a deeper understanding and appreciation of the unique properties of the luxury industry. With a small team of just two employees, The Luxury Education Foundation plays a significant role in nurturing future professionals in the luxury sector.


Official website here: www.luxuryeducationfoundation.org

Is The Luxury Education Foundation legitimate?

The Luxury Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Luxury Education Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $157,501

For more financial information, click here


Official website here: www.luxuryeducationfoundation.org

What is the mission statement of The Luxury Education Foundation?

The Luxury Education Foundation's mission is centered around supporting educational programs for students in the disciplines of design and business, specifically focusing on the creation and marketing of luxury goods. This foundation provides a platform for undergraduate and graduate students to engage with senior executives from leading luxury firms, fostering an understanding and appreciation of the unique aspects of this industry. Their goal is to equip students with the necessary skills and knowledge to excel in this field.


Official website here: www.luxuryeducationfoundation.org

Who is the CEO of The Luxury Education Foundation?

Ketty Maisonrouge is the Employee of The Luxury Education Foundation.


Official website here: www.luxuryeducationfoundation.org

What is the revenue of The Luxury Education Foundation?

The Luxury Education Foundation's revenue in 2022 was $265,734.


Official website here: www.luxuryeducationfoundation.org

Who are the executives of The Luxury Education Foundation and what are their salaries?

The average compensation at The Luxury Education Foundation during 2022 was $78,750. There are 2 employees at The Luxury Education Foundation.


Here are 7 key members and their salaries:


Kathryn Lichty (Employee)
  • Compensation: $131,500
  • Related: $0
  • Other: $0
Ketty Maisonrouge (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Safwan Masri (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Chavez (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maz Zouhairi (Internal Auditor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hermann Elger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joyce Green (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.luxuryeducationfoundation.org

Where can I find the form 990 for The Luxury Education Foundation?

The Luxury Education Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.luxuryeducationfoundation.org

Learn more at the official website: www.luxuryeducationfoundation.org

Mission Statement of The Luxury Education Foundation

The Luxury Education Foundation is committed to fostering educational programs for students in the realms of design and business, specifically focusing on the creation and marketing of luxury goods. This nonprofit organization supports undergraduate and graduate students, providing them with a plethora of platforms to engage with senior executives from leading luxury firms. Through these interactions, students gain an in-depth understanding and appreciation of the unique properties of this industry. By doing so, The Luxury Education Foundation aims to equip the next generation of designers and business professionals with the necessary tools and knowledge to excel in the luxury goods sector.

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Impact




October, 2024

The Luxury Education Foundation significantly impacts the educational landscape for students interested in the luxury goods sector. By providing grants to educational institutions, it enhances design and business courses focused on creating and marketing luxury products. Its programs enable undergraduate and graduate students to connect with senior executives from leading luxury firms, offering invaluable insights into the industry's unique characteristics. This engagement fosters a deeper understanding of the luxury market and equips students with knowledge and experiences that are crucial for their professional development. Ultimately, the foundation cultivates a new generation of leaders in the luxury segment, promoting excellence and innovation within this specialized field.




This information is meant to be a general summary of The Luxury Education Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$265,734 (2022)
Expenses
$231,855 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $22
  • Gross Receipts: $265,734

Assets and Liabilities:

  • Total Assets: $269,892
  • Total Liabilities: $1,423
  • Net Assets: $268,469

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Organization Details

Founding Year

1988

Principal Officer

Ketty Maisonrouge

Main Address

1397 SECOND AVENUE 179, NEW YORK, NY, 10021

NTEE Category

Code: T70Z - Philanthropy

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