irs program accomplishments · form 990 part iii · fy2024
What they reported doing
- #1 primary $165KEDUCATION PROGRAMS:SMALL BUSINESS WEBINARSTHE TORY BURCH FOUNDATION BUSINESS WEBINARS, POWERED BY BANK OF AMERICA, OFFER SMALL BUSINESS OWNERS CREDIBLE, QUALITY INFORMATION FOR FREE TO HELP THEM NAVIGATE THE CHANGING LANDSCAPE. THE BI-MONTHLY WEBINAR SERIES TO PROVIDE THE MOST RELEVANT AND CURRENT INFORMATION FOR BUSINESS OWNERS. THE SERIES IS MODERATED BY THE FOUNDATION TEAM AND FEATURES TOP EXPERTS. ADDITIONALLY, THE FOUNDATION CONTINUES TO PRODUCE FREE ARTICLES AND ONLINE TOOLS FOR OUR COMMUNITY IN ORDER TO ENSURE SMALL BUSINESS OWNERS HAVE THE RESOURCES THEY NEED TO GROW THEIR BUSINESSES.DIGITAL RESOURCESTHE TORY BURCH FOUNDATION WEBSITE IS A DIGITAL EDUCATION HUB WITH COMPREHENSIVE AND TIMELY CONTENT FOR ENTREPRENEURS COVERING A RANGE OF BUSINESS TOPICS. THE DESTINATION FEATURES OVER 300+ ARTICLES AND ONLINE VIDEOS, AS WELL AS A BUSINESS PLAN BUILDER AND FUNDING FINDER TOOL. THERE IS ALSO A DONATION PORTAL FOR THE PUBLIC AT WWW.TORYBURCHFOUNDATION.ORG/DONATE.
- #2 $107KCAPITAL:KIVA LOAN PROGRAMTHE TORY BURCH FOUNDATION LOAN PROGRAM POWERED BY KIVA PROVIDES WOMEN ENTREPRENEURS IN THE UNITED STATES THE OPPORTUNITY TO ACCESS NO INTEREST BUSINESS LOANS THROUGH A CROWDFUNDING PLATFORM. THE LOANS ARE MADE TO WOMEN ENTREPRENEURS OPERATING EARLY-STAGE VENTURES IN ALL INDUSTRIES.
named programs · 6 · from sources
What they call their work
Capital Program powered by Bank of America
Provides women entrepreneurs in the U.S. with access to affordable loans through community development financial institutions
Embrace Ambition Summit
Annual event addressing cultural stigma around ambition in women, promoting leadership and confronting unconscious bias
Fellows Program
National program selecting 50 women entrepreneurs annually to receive a $5,000 grant, virtual education, business guidance, and access to a peer community
Kiva Loan Program
Crowdfunded, no-interest loan program offering up to $25,000 in working capital to women entrepreneurs in the United States
Seed Boxes
Curated seasonal gift boxes featuring products from women-owned businesses, designed to promote and support women founders
Small Business Webinars
Bi-monthly educational webinars featuring expert speakers, providing free business resources and guidance to women entrepreneurs
activities · 5 groups
What they do
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Startup Acceleration & Business Growth Support 2 activities
- Funding and supporting women entrepreneurs through a national fellowship programOperates a national fellows program that selects 50 early-stage women entrepreneurs annually to receive virtual education programming, workshops, business guidance, a $5,000 grant for business education, access to a private peer community, and ongoing developmental and financial resources. The program supports over 500 entrepreneurs across 45+ cities and 20+ industries, with fellows generating $470 million in economic impact and achieving annual revenue over $1 million at ten times the national average for women-owned businesses.
- Maintaining a digital education hub with tools and resources for entrepreneursOperates an online platform offering over 300 articles, video resources, and educational content on branding, design, business growth, scaling strategies, product development, and legal and tax considerations. Includes digital tools such as a business plan builder, funding finder, and templates for creating minimum viable products and launching new businesses.
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Professional Development and Standards in Marketing and Communications 1 activity
- Delivering business education webinars and expert-led contentHosts a bi-monthly webinar series and produces short educational webinars featuring expert-led discussions on topics including marketing, finance, supply chain, operations, social media strategies, thought leadership, founder storytelling, exit planning, and implicit bias. Webinars are free, moderated by the foundation team, and recordings are made available on demand.
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Women's Leadership & Career Advancement Networks 1 activity
- Hosting the Embrace Ambition SummitOrganizes and hosts the Embrace Ambition Summit, a major event held in March 2020 and June 2022, aimed at advancing women's leadership and entrepreneurship.
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Business Member Promotion Services 1 activity
- Promoting women-owned businesses through curated product collectionsCurates seasonal gift boxes featuring products from women-owned businesses to elevate and promote the founders' brands.
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Women Entrepreneurs Grant Programs 1 activity
- Providing grants and no-interest loans to women entrepreneursFunds women entrepreneurs through grants and no-interest loans for working capital, contract fulfillment, and business growth. This includes a $5,000 grant for business education as part of the fellowship program and a no-interest loan program launched in partnership with Kiva in November 2020, enabling access to affordable capital through a crowdfunding platform and community development financial institutions.
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financials · form 990 · fy2024
revenue
Total revenue$1.98M
Contributions & grants$1.69M86%
Program service revenue$00%
Investment income$280K14%
Other revenue$0
expenses
Total expenses$1.64M
Program expenses66%
Admin / overhead30%
Fundraising4%
Salaries & benefits$0
Grants paid out$128K
Largest expense lineProfessional Fees
balance sheet
Total assets$20.21M
Cash$14.84M
Investments$4.60M
Liabilities$827K
Net assets$19.38M
Liquid reserves141.8 mo
6 years on record · 2019–2024 · YoY revenue -69.0%
leadership · form 990 part vii · fy2024
Who runs it
board members · 14
- ANDREA WISHOM — DIRECTOR
- HAYLEY BOESKY — DIRECTOR
- JAMES ROBINSON — SECRETARY
- JANE C OCH — DIRECTOR
- LAURA MANESS — DIRECTOR
- PERRI PELTZ — DIRECTOR
- REEPAL SHAH — TREASURER
- ROBERT ISEN — CHAIR
- SAVARIA HARRIS — DIRECTOR
- SUSAN DUFFY — DIRECTOR
- TONY TJAN — DIRECTOR
- TORY BURCH — FOUNDER AND DIRECTOR
- TRACEY KOZMETSKY — DIRECTOR
- VIVIAN ZELTER — DIRECTOR
relationships · 11
Who they work with
- BANK OF AMERICA Partner — Partner in powering the Foundation's business webinars and capital program
- Billie Jean King Cup Partner — Partner in supporting women entrepreneurs in the sports industry through the Tory Burch Foundation Fellows Program
- Harvard University Partner — Collaborates with Harvard professor Mahzarin Banaji to produce educational content on implicit bias.
- Innovative Genomics Institute Partner — Partner in launching the Tory Burch Fellowship for a woman science entrepreneur embedded at IGI with lab access and staff mentorship
- International Tennis Federation Partner — Partner with the Billie Jean King Cup in supporting women entrepreneurs in the sports industry through the Tory Burch Foundation Fellows Program
- KIVA Partner — Partner in launching and operating a no-interest loan program for women entrepreneurs
- Tory Burch Foundation Network — Core organization advancing the mission of increasing women's economic power through entrepreneurship support.
- Tory Burch Foundation Network — Fellows are part of the Tory Burch Foundation network of women entrepreneurs.
- Tory Burch Foundation Partner — Supports women entrepreneurs through grants, loans, education, and community programs.
- Tory Burch LLC Network — Founded by Tory Burch, whose brand identity and resources are linked to the Foundation's mission of advancing women's economic power.
- VFiles Foundation Partner — Partner in supporting a VFiles Lab entrepreneur through inclusion in the Tory Burch Foundation Fellows Program
strategies · 5
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.
- Informational Empowerment for Autonomous Decision-Makingmethodology: informational-empowermentBy providing unbiased, comprehensive information on funding and business development, the foundation empowers women to make independent, informed decisions because knowledge access reduces dependency on intermediaries and builds confidence in navigating complex systems.
- Integrated Support Network for Women Entrepreneursmethodology: integrated_support_modelBy combining access to capital, education, peer networks, and expert coaching into a single ecosystem, the foundation increases the likelihood of sustainable business growth because interconnected support systems address multiple barriers simultaneously and create compounding benefits for women entrepreneurs.
- Peer and Expert-Driven Learning Communitymethodology: entrepreneurial_community_buildingBy connecting entrepreneurs with both peer networks and expert instructors, the foundation enables scalable learning and growth because peer support fosters relatability and accountability, while expert instruction ensures practical, credible knowledge transfer.
- Stage-Appropriate, Self-Guided Capacity Buildingmethodology: stage-appropriate supportBy offering self-guided tools and resources tailored to specific stages of business development, the foundation increases the relevance and usability of support, which enhances engagement and effectiveness because entrepreneurs receive timely, actionable guidance aligned with their current needs.
- Values-Integrated Entrepreneurship Educationmethodology: values-integrated entrepreneurshipBy integrating personal development, wellness, and social responsibility into business education, the foundation fosters a holistic model of success that sustains long-term entrepreneurial growth because it aligns business goals with personal values and broader societal impact.