nonprofit logo

Cfda Foundation Inc

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

EIN: 237371666 ✦ New york, NY ✦ Designated as a 501(c)(3)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Cfda Foundation Inc?

Cfda Foundation Inc, situated in New York City, is a nonprofit organization with a focus on fostering and nurturing talent in the fashion design industry. Their mission involves promoting and encouraging skill and ability in fashion design through various means, such as exhibitions, awards, grants, and scholarships. They provide financial aid to deserving students and designers, as well as local fashion manufacturers, through their educational initiatives program. This professional and business development service aims to support and uplift the design industry, contributing to its growth and success.


Official website here: www.cfda.com

Is Cfda Foundation Inc legitimate?

Cfda Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cfda Foundation Inc 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: $786,889
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,236,339

For more financial information, click here


Official website here: www.cfda.com

What is the mission statement of Cfda Foundation Inc?

The Cfda Foundation Inc's mission is centered around promoting and encouraging fashion design talent and ability. They achieve this through various means, including exhibitions, awards, grants, and scholarships, specifically targeting needy students and fashion designers. This non-profit organization's activities also involve providing educational and professional development initiatives, offering grants, scholarships, and awards for fashion industry students, designers, and local New York fashion manufacturers as part of its educational initiatives program.

In summary, the Cfda Foundation Inc's mission is to support and foster the growth of fashion design talent, particularly for those in need, through various forms of aid and recognition. Their activities include professional and business development initiatives, such as grants, scholarships, and awards for students, designers, and local manufacturers in the fashion industry.


Official website here: www.cfda.com

Who is the CEO of Cfda Foundation Inc?

Steven Kolb is the CEO of Cfda Foundation Inc The CEO's salary of Cfda Foundation Inc is $294,480 and their total compensation is $476,394.


Official website here: www.cfda.com

What is the revenue of Cfda Foundation Inc?

Cfda Foundation Inc's revenue in 2023 was $6,530,714.


Official website here: www.cfda.com

Who are the executives of Cfda Foundation Inc and what are their salaries?

Here are 26 key members and their salaries (Cfda Foundation Inc's CEO's salary is $294,480 and their total compensation is $476,394):


Ralph Lauren (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Kors (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diane Von Furstenberg (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Norma Kamali (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tommy Hilfiger (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bethann Hardison (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dao-Yi Chow (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carly Cushnie (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tracy Reese (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stan Herman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vera Wang (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tory Burch (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Reed Krakoff Term 2023 (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thom Browne (Board Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Prabal Gurung (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aurora James (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stacey Bendet Eisner (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maria Cornejo (General Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Kolb (Ceo)
  • Compensation: $294,480
  • Related: $155,520
  • Other: $26,394
Casandra Diggs (President)
  • Compensation: $261,760
  • Related: $138,240
  • Other: $26,326
Lisa Anne Smilor (Executive Vice President)
  • Compensation: $179,960
  • Related: $95,040
  • Other: $24,738
Ashley M Sandall (Director Of Strategic Partnerships)
  • Compensation: $124,336
  • Related: $65,664
  • Other: $21,959
Sara Kozlowski (Director Of Education)
  • Compensation: $121,064
  • Related: $63,936
  • Other: $21,837
Marc Karimzadeh (Director Of Communications)
  • Compensation: $111,248
  • Related: $58,752
  • Other: $21,358
Sacha Elyse Brown (Director Of Professional D)
  • Compensation: $88,344
  • Related: $46,656
  • Other: $19,919
Charles Mcneil (Director Of Programs)
  • Compensation: $78,528
  • Related: $41,472
  • Other: $19,722


Official website here: www.cfda.com

Where can I find the form 990 for Cfda Foundation Inc?

Cfda Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.cfda.com

Learn more at the official website: www.cfda.com

Mission Statement of Cfda Foundation Inc

The Cfda Foundation Inc is committed to fostering and nurturing fashion design talent and potential, primarily among needy students and aspiring designers. To achieve this mission, the organization employs various strategies, such as exhibitions, awards, grants, and scholarships. By implementing these initiatives, the Cfda Foundation Inc aims to promote and encourage the development of fashion design abilities, thereby providing opportunities for growth within the fashion industry. The educational initiatives program, a professional and business development service, offers grants, scholarships, and awards specifically to design industry students, designers, and local fashion manufacturers in New York. Through these efforts, the Cfda Foundation Inc plays a significant role in supporting the next generation of fashion designers and helping them to hone their skills and launch successful careers.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




October, 2024

Cfda Foundation Inc significantly impacts the fashion industry by promoting and nurturing emerging design talent. Through various initiatives such as exhibitions, awards, grants, and scholarships, it provides vital support to needy students and fashion designers. The foundation's educational and professional development programs empower aspiring designers with the resources they need to thrive.

By facilitating access to opportunities for growth and recognition, Cfda Foundation Inc cultivates a more diverse and inclusive fashion landscape in New York and beyond. Its commitment to assisting those in need helps to ensure that creative potential is not stifled by financial barriers, fostering innovation and new perspectives within the fashion industry.




This information is meant to be a general summary of Cfda Foundation Inc. 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
$6,530,714 (2023)
Expenses
$5,492,152 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $866,476
  • Program Service Revenue: $27,277
  • Gross Receipts: $70,052,096

Assets and Liabilities:

  • Total Assets: $32,613,470
  • Total Liabilities: $392,315
  • Net Assets: $32,221,155

Want to help this charity, for free? You can click here to learn more about Give Freely

Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

FASHION TARGET BREAST CANCER

Revenue

$26,233

OTHER INCOME

Revenue

$1,044

Organization Details

Founding Year

1973

Principal Officer

Thom Browne

NTEE Category

Code: T22Z - Philanthropy

If you are a representative of Cfda Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.