irs program accomplishments · form 990 part iii · fy2024
What they reported doing
- #1 primary $614KTALENT ENGAGEMENT INITIATIVES:THE ICSC FOUNDATION OFFERS STUDENT SUPPORT OUTSIDE OF ACADEMIC AND PROFESSIONAL EDUCATION SCHOLARSHIPS THROUGH ITS MENTORSHIP, INTERNSHIP AND UNIVERSITY PARTNERS PROGRAMS AS WELL AS EDUCATION AND NETWORKING EVENTS AT ICSC CONFERENCES.
named programs · 2 · from sources
What they call their work
Academic and Professional Education Scholarships
Offers scholarships to students pursuing education and careers in the real estate industry, particularly in shopping center and retail real estate fields
Talent Engagement Initiatives
Provides student support through mentorship, internship, and university partner programs, along with access to education and networking events at ICSC conferences
activities · 6 groups
What they do
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Professional Networking Events 2 activities
- Industry gatherings for retail innovators and dealmakersOrganizes regional gatherings of innovators and dealmakers to strengthen communities and economies through retail and community spaces.
- Webinar series on retail real estate trendsHosts complimentary webinars featuring industry experts to discuss emerging trends and business solutions in retail real estate.
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Industry-Specific Student Scholarships and Competitions 1 activity
- Annual scholarship program for retail real estate studentsAwards over $210,000 in scholarships annually to students pursuing careers in the retail real estate industry.
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Professional Association Capacity Building 1 activity
- Leadership development for emerging professionalsOperates the Next Generation Leadership Network and hosts hundreds of annual programs and educational courses to develop emerging leaders in the marketplaces and retail real estate industries, while facilitating dialogue with public sector decision makers.
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Urban Policy and Equity Research 1 activity
- Research and publications on retail and urban developmentProduces and publishes research, including case studies and reports on retail development, urban planning, community engagement, and successful public-private partnerships that contribute to urban revitalization.
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Student Career Readiness and Internship Placement 1 activity
- Student talent development and entry programsOffers initiatives that provide undergraduate and graduate students with entry points into the retail real estate and retail industries through mentorship, internships, university partnerships, and education and networking events at ICSC conferences.
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Uncategorized 3 activities
- Annual student case competitions in retail real estateHosts two annual undergraduate case competitions—one virtual and one in-person at ICSC LAS VEGAS—where students analyze and present solutions for real-world retail real estate deals.
- Digital newsletter and content distributionDistributes the C+CT digital newsletter to nearly 60,000 subscribers, including industry decisionmakers, and maintains digital engagement through a website and mobile platform receiving 335,000 monthly page views.
- Funding student mentorship, internship, and university programsAwards grants to support student mentorship, internship, and university partners programs, along with related education and networking events at ICSC conferences; awarded $87,948 in grants across multiple reporting years.
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financials · form 990 · fy2024
revenue
Total revenue$2.33M
Contributions & grants$1.25M54%
Program service revenue$00%
Investment income$1.07M46%
Other revenue$0
expenses
Total expenses$1.41M
Program expenses93%
Admin / overhead6%
Fundraising1%
Salaries & benefits$0
Grants paid out$619K
Largest expense lineProfessional Fees
balance sheet
Total assets$17.81M
Cash$1.92M
Investments$14.42M
Liabilities$171K
Net assets$17.64M
Liquid reserves139.5 mo
4 years on record · 2020–2024 · YoY revenue +15.0%
leadership · form 990 part vii · fy2024
Who runs it
paid leadership · 4
| Name | Title | Hours/wk | Compensation |
|---|---|---|---|
| THOMAS MCGEE | DIRECTOR | 1 | $3.69M |
| SEAN KRON | TREASURER | 1 | $555K |
| LAURI NOVICK | PRESIDENT | 35 | $498K |
| LESLEY CAMPBELL | SECRETARY | 1 | $479K |
board members · 21
- AMY HALL — DIRECTOR
- ANDREA DRASITES — DIRECTOR
- ANGELE ROBINSON-GAYLORD — DIRECTOR
- BRIAN FINNEGAN — VICE CHAIR
- BRYAN LEY — DIRECTOR
- CARREN COSTON — DIRECTOR
- CHRIS HOFFMAN — DIRECTOR
- GLENN RUFRANO — CHAIR
- IVY GREANER — DIRECTOR
- JAMES MAURIN — DIRECTOR
- JEFFREY EDISON — DIRECTOR
- JOSEPH TICHAR — DIRECTOR
- JOSH SIMON — DIRECTOR
- KAREN CASE — DIRECTOR
- LAURIE MAHOWALD — DIRECTOR
- LESLEY GIBSON — DIRECTOR
- MELVIN MANCE — DIRECTOR
- RACHEL ELIAS WEIN — DIRECTOR
- REGGIE LIVINGSTON — DIRECTOR
- ROBERT WHELAN — DIRECTOR
- ROBIN ZEIGLER — DIRECTOR
relationships · 7
Who they work with
- Federal Trade Commission Government — Federal agency involved in antitrust enforcement and civil suits, referenced in ICSC's compliance guidance.
- ICSC Partner — Hosts education and networking events at ICSC conferences for student engagement.
- ICSC Foundation Canada Partner — Collaborates with ICSC Foundation Canada on volunteer and talent development initiatives.
- ICSC LAS VEGAS Partner — Hosts sponsorship and exhibition opportunities at ICSC LAS VEGAS for brand visibility among commercial real estate professionals.
- ICSC LAS VEGAS Partner — Sponsor of the ICSC Foundation Talent Incubator Project.
- ICSC Public Sector Members Network — Part of a network connecting public sector entities with retail real estate professionals to support community economic development.
- U.S. Department of Justice Government — Federal agency responsible for enforcing antitrust laws, with which ICSC aligns its compliance policies.
strategies · 3
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.
- Aggregated Data Sharing to Enable Competitive Collaborationmethodology: aggregated_data_sharingBy aggregating historical data from multiple sources under strict confidentiality and statistical thresholds, the organization enables permissible insight sharing among competitors, because anonymized, aggregated data reduces antitrust risk while still providing valuable market intelligence.
- Network-Based Program Delivery via Member Volunteer Engagementmethodology: network-based engagementBy leveraging volunteer industry members and their personal networks, the organization amplifies event content, retailer recruitment, and programming reach, because peer-driven engagement increases credibility, participation, and resource mobilization within the industry ecosystem.
- Talent Pipeline Development through Integrated Education and Industry Exposuremethodology: industry-talent-pipelineBy integrating mentorship, internships, university partnerships, and access to industry conferences, the organization develops students' pathways into retail real estate careers, because immersive professional exposure and structured support systems increase workforce readiness and industry retention.