New York · Nonprofit
FASHION INSTITUTE OF TECHNOLOGY FOUNDATION
FASHION INSTITUTE OF TECHNOLOGY FOUNDATION (New York) receives grants from 100 organizations whose IRS filings report $10,556,880 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($1,499,875). 51 of them have funded it in more than one year.
- Revenue FY2025
- $9.4M
- Funders on record
- 100
- Grants received
- $11M
- Net assets
- $79M
What Fashion Institute of Technology Foundation does
Mission
The fit foundation provides scholarships, fundraising activities, program support and subsidies to the fashion institute of technology and its component units.
As stated on its FY2025 Form 990.
Programs
Scholarships & awards:during fy 2025 the fit foundation granted scholarships and awards to 337 students of the fashion institute of technology.
$2,572,916 spentof which $2,572,916 as grants62% of program spendingFundraising:the fit foundation provides fund-raising activities, programs support, and subsidies to the fashion institute of technology and its component units.
$1,563,080 spentof which $467,873 as grants38% of program spending
The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $4,135,996.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $75M to $86M (+14%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2022 2%. Grants only. Government contracts and fees sit inside program revenue.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Board chair
Douglas Hand
Chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 26 funders to 37 funders, grant income rose $756k → $1.4M.
21 of 100 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 34% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of FASHION INSTITUTE OF TECHNOLOGY FOUNDATION’s funders (the co-funder graph). Top 30 of 100 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
FASHION INSTITUTE OF TECHNOLOGY FOUNDATION has a broad base — no single funder exceeds 14% of grant income, and it takes 6 funders to reach half.
the vertical line marks half of all grant income — 6 funders to its left
48% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund FASHION INSTITUTE OF TECHNOLOGY FOUNDATION.
Largest funder’s share by year: 2017 18% · 2018 21% · 2019 29% · 2020 25% · 2021 29% · 2022 46% · 2023 16% — broadly stable.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
28% of FASHION INSTITUTE OF TECHNOLOGY FOUNDATION's funders are still giving 3 years after their first grant; 51% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
84% of FASHION INSTITUTE OF TECHNOLOGY FOUNDATION's grant income comes from New York funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $3.6M arriving through sponsors registered in 14 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Organizations like FASHION INSTITUTE OF TECHNOLOGY FOUNDATION
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In New York
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
67% of spending goes to programs.
Governance
Public support
67%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for FASHION INSTITUTE OF TECHNOLOGY FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds FASHION INSTITUTE OF TECHNOLOGY FOUNDATION?
- FASHION INSTITUTE OF TECHNOLOGY FOUNDATION (New York) receives grants from 100 organizations whose IRS filings report $10,556,880 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($1,499,875). 51 of them have funded it in more than one year.
- How many funders does FASHION INSTITUTE OF TECHNOLOGY FOUNDATION have?
- IRS filings report 100 organizations giving $10,556,880 in grants to FASHION INSTITUTE OF TECHNOLOGY FOUNDATION, 51 of which have funded it in more than one year.
- Who is the largest funder of FASHION INSTITUTE OF TECHNOLOGY FOUNDATION?
- FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $1,499,875 in grants. The full list of funders is on this page.
- How can an organization like FASHION INSTITUTE OF TECHNOLOGY FOUNDATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 100 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing