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THE LUXURY EDUCATION FOUNDATION
NEW YORK, NY · EIN 133490808 · Form 990 · FY2024 · NTEE T70Z · Philanthropy & Grantmaking · Small ($100K-$1M) · luxuryeducationfoundation.org
revenue
$319K
expenses
$313K
net assets
$185K
employees
2
program ratio
64%
mission · from form 990

THE LUXURY EDUCATION FOUNDATION SUPPORTS EDUCATIONAL PROGRAMS FOR STUDENTS IN THE DISCIPLINES OF DESIGN AND BUSINESS WITH RESPECT TO CREATION AND MARKETING OF LUXURY GOODS.

profile · synthesized from sources

The Luxury Education Foundation provides educational programs for students and professionals in the luxury goods sector, focusing on design and business disciplines. It offers workshops, executive panels, and networking events in partnership with leading luxury brands and institutions. The foundation supports students through scholarships and hands-on learning opportunities, primarily serving the New York metropolitan area.

named programs · 10 · from sources

What they call their work

Alumni Networking Event
Annual event connecting LEF alumni, advisory board members, and industry executives through panel discussions and networking
Corporate Classroom
Educational company tours for MBA students at luxury brand headquarters including Prada, Bloomingdale’s, and Tiffany & Co.
Executive Breakfast
Intimate breakfast sessions with senior executives from luxury brands such as Baccarat Hotel and Ralph Lauren
Fireside Chat
Conversations with top executives in the luxury industry, including leaders from CHANEL, Loro Piana, and Chloé
LEF PhD Scholarship Awards
Annual scholarships awarded to PhD students at Columbia Business School demonstrating leadership and innovation
LEF Summer Gathering
Annual event featuring a panel discussion on luxury topics followed by a networking reception
LEF x Hermès Executive Workshop
Three-session workshop where LEF students develop solutions to brand-specific challenges for Hermès
Luxury Round Table
Annual panel discussion with industry leaders on current trends in the luxury sector
Office Hours with LEF Team
One-on-one sessions with LEF leadership to advise students on careers in the luxury industry
Students’ Final Presentations
Annual event where Columbia Business School MBA students present solutions to projects from partner companies
activities · 7 groups

What they do

  • Professional Networking Events 3 activities
    • Facilitating executive workshops and roundtables on luxury industry challenges
      Hosts Executive Workshops and the annual Luxury Round Table where 8–10 select students, alumni, and executives collaborate on solutions for brand-specific challenges and discuss current trends in the luxury sector, with events targeting 80–100 attendees.
    • Hosting annual alumni networking and leadership events
      Hosts an annual alumni networking event featuring panel discussions and networking opportunities for LEF alumni, advisory board members, and industry executives, ongoing since at least 2016.
    • Organizing executive engagement events for alumni and students
      Hosts exclusive Executive Breakfast sessions and Fireside Chats that connect small groups of alumni and students directly with Presidents and CEOs of leading luxury firms to discuss industry insights and strengthen professional networks.
  • Industry-Specific Student Scholarships and Competitions 2 activities
    • Funding PhD scholarships in luxury leadership
      Provides annual scholarships to PhD students at Columbia Business School through the LEF PhD Scholarship Awards, which were launched in 2009 to support advanced research and leadership in the luxury industry.
    • Providing scholarships and mentorship to Columbia MBA students
      Awards annual scholarships and in-depth mentoring from the LEF President and other leaders to first-year Columbia Business School students who demonstrate exceptional commitment and leadership potential in the luxury field.
  • Mentorship and Professional Development Programs 2 activities
    • Running alumni mentorship and career access programs
      Operates a structured alumni mentorship program pairing alumni with seasoned professionals for reciprocal mentoring sessions and provides access to a career opportunities platform connecting alumni with hiring luxury brands.
    • Supporting emerging luxury brands through the Emerging Luxury Council
      Established the Emerging Luxury Council in 2022 to support newer luxury brands by facilitating peer mentorship, resource sharing, job posting distribution, and producing on-demand interviews with founders on brand-building topics such as marketing, operations, and growth.
  • Student Career Readiness and Internship Placement 1 activity
    • Collaborating with academic and industry partners to connect talent with luxury brands
      Partners with luxury brands, academic institutions, and industry leaders to create programming that connects education with industry needs, including student presentations that yield actionable recommendations for companies like Clarins.
  • Website Accessibility Implementation 1 activity
    • Ensuring digital accessibility of organizational platforms
      Maintains website accessibility by deploying the UserWay Website Accessibility Widget and regularly scanning the site using UserWay’s Accessibility Scanner to identify and fix barriers in compliance with WCAG 2.1 guidelines.
  • Educational Field Trips and Experiential Outings 1 activity
    • Organizing educational company tours for students
      Arranges weeklong or single-day educational tours for 25 students to visit New York headquarters and flagship stores of leading luxury firms, including presentations, executive meet-and-greets, and behind-the-scenes access.
  • Uncategorized 1 activity
    • Delivering masterclasses and case study programs for MBA students
      Conducts a half-semester masterclass and intensive courses where 24 Columbia Business School MBA candidates work in teams to solve real-world case studies developed in collaboration with LEF brand partners, culminating in final presentations to executives.
financials · form 990 · fy2024
revenue
Total revenue$319K
Contributions & grants$319K100%
Program service revenue$00%
Investment income$80%
Other revenue$0
expenses
Total expenses$313K
Program expenses64%
Admin / overhead36%
Fundraising0%
Salaries & benefits$219K
Grants paid out$28K
Largest expense lineCompensation
balance sheet
Total assets$186K
Cash$186K
Investments$0
Liabilities$724
Net assets$185K
Liquid reserves7.1 mo
5 years on record · 2020–2024 · YoY revenue +66.7%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 1
NameTitleHours/wkCompensation
ALESSANDRA BAKER EMPLOYEE 40 $132K
board members · 7
  • GUILLAUME TARDY — DIRECTOR
  • HERMANN ELGER — INTERNAL AUDITOR
  • JOYCE GREEN — CHAIR
  • KETTY MAISONROUGE — PRESIDENT
  • MAZ ZOUHAIRI — TREASURER
  • MONISHA AGRAWAY — DIRECTOR
  • SAFWAN MASRI — SECRETARY
relationships · 34

Who they work with

  • 64Facets Partner — Co-Chair of the Emerging Luxury Council; brand represented by Gourav Soni
  • Andrew Kwon Partner — Luxury fashion brand founded by Andrew Kwon, participating in the Emerging Luxury Council
  • Archipielago Spirits Partner — Luxury spirits brand co-founded by Andrés Briseño, participating in the Emerging Luxury Council
  • Audemars Piguet Partner — Participating brand in the Luxury Approach Master Class, submitting real-world projects for student teams to solve.
  • BCG Partner — Co-hosts executive workshops with LEF where students and alumni develop strategic solutions for brand challenges.
  • BCG Partner — Corporate partner supporting the foundation's initiatives.
  • Bloomingdale's Partner — Luxury brand partner supporting the foundation's programs.
  • Bloomingdale’s Partner — Hosts LEF students for educational tours at its New York headquarters as part of the Corporate Classroom series.
  • Celestia Yacht Partner — Luxury yacht brand co-founded by Jasmine Chong, participating in the Emerging Luxury Council
  • Christofle Partner — Participating brand in the Luxury Approach Master Class, submitting real-world projects for student teams to solve.
  • Clarins Partner — Luxury brand that has collaborated with the foundation on student-led presentations and strategic recommendations.
  • Columbia Business School Partner — Academic partner collaborating on student programs including the Master Class, Block Week, and LEF Ambassador initiatives.
  • Columbia Business School Partner — Collaborates to award PhD scholarships through the LEF PhD Scholarship Awards program.
  • Columbia Business School Partner — Collaborates with Columbia Business School to deliver MBA-level programs including masterclasses, block weeks, and company tours for students.
  • Columbia Business School Partner — Partners with LEF to provide MBA and PhD students access to luxury industry programs and awards.
  • David Yurman Partner — LEF alumnus Leila Jalai serves as Chief Supply Chain Officer at David Yurman, indicating a professional affiliation and partnership through talent development.
  • Elite Traveler Partner — Media partner supporting the foundation's outreach.
  • Emilie Heathe Partner — Co-Chair of the Emerging Luxury Council; brand founded by Emily Rudman
  • Hermès Partner — Collaborates with LEF on executive workshops where students develop solutions for brand-specific challenges.
  • Jasmine Chong Partner — Luxury brand founded by Jasmine Chong, participating in the Emerging Luxury Council
  • LEF Alumni Society Network — Alumni network offering continued access to programs and events for graduates of LEF Master Class and Block Week
  • ONE/OF Partner — Luxury brand founded by Patricia Voto, participating in the Emerging Luxury Council
  • Prada Partner — Hosts LEF students for educational tours at its New York headquarters as part of the Corporate Classroom series.
  • Ralph Lauren Partner — Participating brand in the Luxury Approach Master Class, submitting real-world projects for student teams to solve.
  • SGC Partner — Partner organization collaborating with the foundation.
  • Side Eye NYC Partner — Luxury brand co-founded by Athina Rickmers, participating in the Emerging Luxury Council
  • Silver & Riley Partner — Luxury brand founded by Lola Banjo, participating in the Emerging Luxury Council
  • Tiffany & Co. Partner — Hosts LEF students for educational tours at its New York headquarters as part of the Corporate Classroom series.
  • UserWay Partner — Partners with UserWay to implement the Website Accessibility Widget and Accessibility Scanner on its website.
  • consulting firms Partner — Collaborates with consulting firms to provide expertise and support for programs in the luxury sector.
+ 4 more
strategies · 4

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Education-Industry Partnership to Develop Future Leaders
    methodology: education-industry_partnership
    By partnering with luxury brands and academic institutions, we prepare future luxury leaders because integrating real-world industry challenges into education produces more effective, innovative, and industry-ready graduates.
  • Lifelong Learning for Sustained Professional Engagement
    methodology: lifelong-learning-industry-insights
    By offering continuous access to industry insights and learning opportunities, we support sustained career growth because ongoing education maintains relevance and adaptability in a rapidly evolving luxury market.
  • Network-Driven Leadership Development Through Executive Access and Mentorship
    methodology: network-driven_leadership_development
    By connecting students and alumni with executives and peers in the luxury sector, we foster leadership development because access to mentorship, dialogue, and exclusive networks strengthens professional growth, innovation, and industry integration.
  • Talent as a Driver of Industry Innovation
    methodology: talent_as_innovation_engine
    By engaging students and alumni as sources of fresh ideas and collaborative problem-solving, we help luxury brands adapt to change because diverse, next-generation perspectives fuel innovation when structured through industry partnerships.