The International Council Of Shop Ping Centers Foundation Inc

Organization Overview

The International Council Of Shop Ping Centers Foundation Inc is located in New York, NY. The organization was established in 1991. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Council Of Shop Ping Centers Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, International Council Of Shop Ping Centers Foundation Inc generated $992.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.6%) each year. All expenses for the organization totaled $525.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, International Council Of Shop Ping Centers Foundation Inc has awarded 138 individual grants totaling $2,401,050. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

DEDICATED TO CREATING A VIBRANT RETAIL REAL ESTATE INDUSTRY, THE FOUNDATION IS COMMITTED TO BUILDING THE INDUSTRYS NEXT GENERATION OF TALENT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

UNDERGRADUATE AND GRADUATE SCHOLARSHIP AWARDS: THE FOUNDATION PROVIDES UNDERGRADUATE AND GRADUATE SCHOLARSHIPS TO STUDENTS INTERESTED IN RETAIL REAL ESTATE. THESE SCHOLARSHIPS ARE OFFERED DIRECTLY BY THE FOUNDATION OR FUNDED THROUGH PARTNER UNIVERSITIES. GENERALLY, SCHOLARSHIPS COVER TUITION AND RELATED EXPENSES WITH SOME ADDITIONAL FUNDING TO COVER ATTENDANCE AT INDUSTRY EVENTS.


TALENT 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.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$598,525
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$598,525
Total Program Service Revenue$0
Investment income $308,542
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $85,155
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $992,222

Grants Awarded

Over the last fiscal year, The International Council Of Shop Ping Centers Foundation Inc has awarded $259,183 in support to 16 organizations.

Grant RecipientAmount

FLORIDA INTERNATIONAL UNIVERSITY FOUNDATION

Org PageRecipient Profile

Miami, FL

PURPOSE: Scholarship

$64,000

RUTGERS THE STATE UNIVERSITY OF NJ

Org PageRecipient Profile

Piscataway, NJ

PURPOSE: Scholarship

$38,200

CORNELL UNIVERSITY

Org PageRecipient Profile

Ithaca, NY

PURPOSE: Scholarship

$35,000

SOUTHERN METHODIST UNIVERSITY

Org PageRecipient Profile

Dallas, TX

PURPOSE: Scholarship

$17,000

New York, NY

PURPOSE: Scholarship

$10,333

GEORGETOWN UNIVERSITY

Org PageRecipient Profile

Washington, DC

PURPOSE: Scholarship

$10,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that The International Council Of Shop Ping Centers Foundation Inc has recieved totaling $50,000.

Awarding OrganizationAmount
Northshore Community Foundation

Covington, LA

PURPOSE: SUPPORT THE MAURIN-OGDEN TULANE TALENT INCUBATOR FUND

$50,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$3,161,750
Earnings$283,380
Net Contributions$500,750
Grants$408,065
Ending Balance$3,537,815

Peer Organizations

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