Overview

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Est.

2014

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

The Fashion Foundation Inc, identified by EIN 46-3270733, is a nonprofit organization focused on student services, with a mission to recycle fashion samples and products to reduce merchandise waste while benefiting local children in need. With an operating budget of $175.6K and total revenue of $175.9K for the 2024 filing year, the organization relies heavily on two major funders, with one contributing $146.2M, indicating a significant dependency on this source. More information can be found on their website at www.thefashionfoundation.org.

Mission Statement

Recyling fashion samples and product, reducing merchandise waste from landfills to consumers, with proceeds benefitting local children in need by supplying them with school supplies, clean clothes, winter essentials, holiday gifts and more.
Revenues
$175.9K
Expenses
$175.6K
Net Income:
+$320
Assets
$63.6K
Liabilities
$0
Net Assets:
+$63.6K
Operating Budget
$175.6K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$20K
Largest grant received
$20K
A
Amanda Munz
Board Member
S
Stephanie Cantelmo
Board Member
T
Thomas Young
Board Member

Frequently Asked Questions

What is THE FASHION FOUNDATION INC’s budget?
In 2024, THE FASHION FOUNDATION INC reported an annual operating budget of around $176 thousand. More detailed financial information is available to registered users.
What causes does THE FASHION FOUNDATION INC support?
THE FASHION FOUNDATION INC supports work in Student services.
Where does THE FASHION FOUNDATION INC operate?
THE FASHION FOUNDATION INC is headquartered in Lindenhurst, NY.
Who funded THE FASHION FOUNDATION INC recently?
In 2023, THE FASHION FOUNDATION INC received grants from ANNA-MARIA AND STEPHEN KELLEN FOUNDATION INC C/O JOEL E SAMMET & CO LLP, ANNA-MARIA AND STEPHEN KELLEN FOUNDATION INC C/O JOEL E SAMMET & CO LLP, and AMERICAN TOWER CORPORATION FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant THE FASHION FOUNDATION INC received in 2023?
The largest grant to THE FASHION FOUNDATION INC in 2023 exceeds $20 thousand.