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New York · Public charity

Fashion Institute of Technology Foundation

The fit foundation provides scholarships, fundraising activities, program support and subsidies to the fashion institute of technology and its component units.

$3.0M
Granted FY2025(still arriving)
1
Itemized grants FY2025
1
Organizations funded FY2024
0%
First-time grantees FY2024
Read the full brief
Itemized, FY2025
$468k
The rest is grants the schedule does not break out
Median grant, FY2025
$467,873
Largest grant, FY2025
$467,873
Organizations funded a year
1 to 4
FY2018 to FY2024
States reached, FY2025
1
Total assets, FY2025
$86M

How open it is to new grantees

In FY2024, 0% of the organizations Fashion Institute of Technology Foundation funded were first-time grantees, receiving 0% of its grant dollars.

New vs renewed · share of each year

In FY2024, 100% of grant dollars renewed an existing relationship; $0 went to new ones.

50%100%’18’19’20’21’22’23’24
RenewedFirst-time
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.
The numbers by year
Fiscal yearOrganizations fundedTo those organizationsFirst-time grantees
FY2025still arriving1$468k0%
FY20241$2.2M0%
FY20231$80k0%
FY20221$270k0%
FY20211$469k0%
FY20201$465k0%
FY20191$1.3M0%
FY20184$1.0M75%
100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2025.

Education$7.2MCommunity Improvement$150kYouth Development$30kScience & Tech$15kEmployment$10k

Top grantees

Largest recipients by total granted, FY2017 to FY2025, and the share of each one’s budget the grants supplied at peak.

GranteeTotal grantedYearsShare of their budget
Fashion Institute of Technology$7,288,9849n/a
Charm & Strange$75,0001n/a
Thistle & Spire$75,0001n/a
Alumni Association of the Fashion Institute of Technology Inc$10,00018%

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About Fashion Institute of Technology Foundation

How much does Fashion Institute of Technology Foundation give?
Fashion Institute of Technology Foundation reported 1 itemized grants totaling $467,873, out of $3,040,789 in total grant expense reported on the return in its FY2025 IRS filing. It funded between 1 and 4 organizations a year over FY2018 to FY2024.
What does Fashion Institute of Technology Foundation fund?
By grant dollars over FY2017 to FY2025, its largest causes are Education (97%), Community Improvement (2%), Youth Development (0%).
Who are Fashion Institute of Technology Foundation's largest grantees?
By total granted over FY2017 to FY2025: Fashion Institute of Technology ($7.3M), Charm & Strange ($75k), Thistle & Spire ($75k).
Does Fashion Institute of Technology Foundation fund new organizations?
In FY2024, 0% of the organizations it funded were first-time grantees.
Where is Fashion Institute of Technology Foundation based?
Fashion Institute of Technology Foundation is based in NY.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 4 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990 e-file return for fiscal year 2025, released 2025. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

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