Polo Ralph Lauren Corporate Foundation
- Assets
- $34.1m
- Revenue
- $8.0m
- Investments
- $27.1m
- Employees
- 0
- Location
- New York, NY
- Founding
- 06/2001
- Data as of
- 03/2022
- EIN
- 52-2316766
Organization Overview
Polo Ralph Lauren Corporate Foundation is located in New York, NY. The organization was established in 2001. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Polo Ralph Lauren Corporate Foundation 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 03/2022, Polo Ralph Lauren Corporate Foundation generated $8.0m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.2% each year . All expenses for the organization totaled $11.5m during the year ending 03/2022. While expenses have increased by 19.1% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Polo Ralph Lauren Corporate Foundation has awarded 435 individual grants totaling $51,538,371. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bette-Ann Gwathmey Head Of Foundation Philanthropic Advan | 40 | $215,905 | |
Alyssa Youngerman Head Of Foundation Operations, Strateg | 40 | $151,851 | |
Andreea Stan Assistant Secretary | 0.5 | $0 | |
Roseann Lynch Head Of The Foundation | 0.5 | $0 | |
Laura Twomey Director | 0.5 | $0 | |
David Lauren President/director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $6,007,759 |
| Interest on Savings | $0 |
| Dividends & Interest | $410,747 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,540,353 |
| Capital Gain Net Income | $1,540,931 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $7,958,859 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $367,756 |
| Other employee salaries and wages | $31,819 |
| Pension plans, employee benefits | $35,696 |
| Interest | $0 |
| Taxes | $32,508 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $253,217 |
| Total operating and administrative expenses | $797,229 |
| Contributions, gifts, grants paid | $10,717,141 |
| Total expenses and disbursements | $11,514,370 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,833,815 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $20,596,575 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $4,135,106 |
| Total assets | $34,064,654 |
| Accounts payable and accrued expenses | $22,162 |
| Grants payable | $4,774,058 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $4,796,220 |
Grants Awarded
Over the last fiscal year, Polo Ralph Lauren Corporate Foundation has awarded $10,717,141 in support to 50 organizations.
| Grant Recipient | Amount |
|---|---|
Morrisville, NC PURPOSE: CHARITY | $4,611,202 |
MEMORIAL SLOAN KETTERING CANCER CENTER PURPOSE: CHARITY | $1,800,000 |
Minneapolis, MN PURPOSE: CHARITY | $1,158,333 |
Washington, DC PURPOSE: CHARITY | $737,855 |
Atlanta, GA PURPOSE: CHARITY | $500,000 |
Atlanta, GA PURPOSE: CHARITY | $500,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Polo Ralph Lauren Corporate Foundation has recieved totaling $19,468.
| Awarding Organization | Amount |
|---|---|
Frontstream Global Fund Alexandria, VA PURPOSE: Use by the organization's general fund | $19,468 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Gray Foundation Cohoes, NY | $79,676,216 | $85,340,733 |
Liberty Mutual Foundation Inc Boston, MA | $40,383,671 | $39,283,240 |
Tl Foundation Suffern, NY | $597,015 | $24,643,909 |
Park Foundation Inc Ithaca, NY | $505,545,130 | $75,092,084 |
The Nathan Cummings Foundation Inc New York, NY | $538,275,709 | $724,216 |
Donald A Pels Charitable Tr 081892 Harrison, NY | $318,380,585 | $19,080,873 |
Fisher Koch Family Foundation Inc New York, NY | $18,346,148 | $55,675,398 |
One Tree Planted Inc Shelburne, VT | $46,452,599 | $64,092,797 |
Maguire Foundation West Conshohocken, PA | $0 | $10,846,953 |
Mercer Family Foundation Waltham, MA | $54,165,721 | $38,341,516 |
Mabel Pew Myrin Trust Philadelphia, PA | $417,886,148 | $39,075,922 |
Brooks Family Foundation Boston, MA | $0 | $26,552,695 |