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New York · Nonprofit

THE LUXURY EDUCATION FOUNDATION

THE LUXURY EDUCATION FOUNDATION (New York) receives grants from 1 organization whose IRS filings report $350 to it, the largest being KAY UNGER FAMILY FOUNDATION ($350). 1 of them have funded it in more than one year.

Revenue FY2024
$319k
Funders on record
1
Grants received
$350
Net assets
$185k
1/1 repeat funderspeak grant-dependency 0%
01What it does

What The Luxury Education Foundation does

Mission

The Luxury Education Foundation supports educational programs for undergraduate and graduate students in the disciplines of design and business with respect to creation and marketing of luxury goods. Lef programs provide students with various platforms to engage with senior executives in leading luxury firms to understand and appreciate the unique properties of this industry.

As stated on its FY2024 Form 990.

Program

  1. Educational - grants made to learning institutions to facilitate support of design and business courses in the luxury field.

    $200,084 spentof which $27,500 as grants
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $200,084.

02The organization over time

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. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($325k) Expenses 100 ($291k) Net assets 100 ($238k)2018 Revenue 102 ($330k) Expenses 86 ($251k) Net assets 135 ($322k)2019 Revenue 74 ($242k) Expenses 94 ($272k) Net assets 122 ($292k)2020 Revenue 50 ($161k) Expenses 64 ($186k) Net assets 112 ($266k)2021 Revenue 47 ($153k) Expenses 63 ($185k) Net assets 98 ($235k)2022 Revenue 82 ($266k) Expenses 80 ($232k) Net assets 113 ($268k)2023 Revenue 59 ($191k) Expenses 96 ($281k) Net assets 75 ($179k)2024 Revenue 98 ($319k) Expenses 108 ($313k) Net assets 78 ($185k)
'17'18'19'20'21'22'23'24
Revenue (98)Expenses (108)Net assets (78)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $270k to $182k (−32%).

$244k
$323k
$293k
$296k
$262k
$270k
$182k
$186k
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

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.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 27%. Grants only. Government contracts and fees sit inside program revenue.

100% of THE LUXURY EDUCATION FOUNDATION’s revenue is contributions — more reliant on donations than three-quarters of its peers (87% for the typical peer).

This organization
Typical peer · 7,828 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.

$34k
’17
$79k
’18
−$30k
’19
−$25k
’20
−$32k
’21
$34k
’22
−$89k
’23
$6k
’24
7.1
months of
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

Joyce Green

Chair

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed118887788
Joined·+2+0+0+0+0+3+0
No longer listed·5001020
03Who funds it

Who funds it, year by year

2017 → 2021: the base held at 1 funder, grant income fell $250 → $100.

Funder
'17
'21
total
funders
1
1

From the IRS filings of THE LUXURY EDUCATION FOUNDATION’s funders (the co-funder graph). 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.

Where its funders are

100% of THE LUXURY EDUCATION FOUNDATION's grant income comes from New York funders.

NY

In-state vs out-of-state, by year

’17
’21
New York out of state home

Funder states come from each funder’s own filing. 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.

04Its place in the field

Against its field

THE LUXURY EDUCATION FOUNDATION receives grants from 1 organization whose IRS filings report $350 to it.

Operating margin2% · below the median
Months of reserve7.1mo · below the median
Revenue growth (annualized)−0% · below the median

this organization peer median middle 50% of peers· 7,117 philanthropy nonprofits $100k–$1M, FY2024

Organizations like THE LUXURY EDUCATION 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

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

64% of spending goes to programs.

Program 64%Management 36%Fundraising 0%

Governance

7
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

45%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

NY

Screen this organization

A dated, signed PDF of the compliance screen for THE LUXURY EDUCATION 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 THE LUXURY EDUCATION FOUNDATION?
THE LUXURY EDUCATION FOUNDATION (New York) receives grants from 1 organization whose IRS filings report $350 to it, the largest being KAY UNGER FAMILY FOUNDATION ($350). 1 of them have funded it in more than one year.
How many funders does THE LUXURY EDUCATION FOUNDATION have?
IRS filings report 1 organization giving $350 in grants to THE LUXURY EDUCATION FOUNDATION, 1 of which have funded it in more than one year.
Who is the largest funder of THE LUXURY EDUCATION FOUNDATION?
KAY UNGER FAMILY FOUNDATION is the largest funder on record, with $350 in grants. The full list of funders is on this page.
How can an organization like THE LUXURY EDUCATION 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 FY2024 (financials across 2017–2024), and the filings of 1 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 14, 2026. What this page cannot tell you · view filing