Coach Foundation Inc
- Assets
- $69.3m
- Revenue
- $10.5m
- Investments
- $66.7m
- Employees
- 0
- Location
- New York, NY
- Founding
- 02/2009
- Data as of
- 07/2022
- EIN
- 26-2939018
Organization Overview
Coach Foundation Inc is located in New York, NY. The organization was established in 2009. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Coach 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 07/2022, Coach Foundation Inc generated $10.5m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 58.0% each year . All expenses for the organization totaled $30.2m during the year ending 07/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Coach Foundation Inc has awarded 565 individual grants totaling $9,238,684. 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
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Tapestry Inc | 7/1/22 | $223,253 |
Ghost Note Agency | 7/1/22 | $75,000 |
Jp Morgan Chase & Co | 7/1/22 | $95,904 |
Baker Mckenzie | 7/1/22 | $71,120 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $2,309,287 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $8,177,012 |
| Capital Gain Net Income | $8,177,012 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $21,532 |
| Total Revenue | $10,507,831 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $223,253 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $131,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $47,131 |
| Total operating and administrative expenses | $788,776 |
| Contributions, gifts, grants paid | $29,425,300 |
| Total expenses and disbursements | $30,214,076 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $908,061 |
| Savings and temporary cash investments | $42,302 |
| 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 | $66,048,872 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,670,463 |
| Total assets | $69,281,946 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| 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 | $0 |
Grants Awarded
Over the last fiscal year, Coach Foundation Inc has awarded $4,425,300 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
CHINA YOUTH DEVELOPMENT FOUNDATION PURPOSE: FURTHER 501(C)(3) CHARITABLE PURPOSE | $1,000,000 |
BOTTOM LINE PURPOSE: FURTHER 501(C)(3) CHARITABLE PURPOSE | $750,000 |
THE OPPORTUNITY NETWORK PURPOSE: FURTHER 501(C)(3) CHARITABLE PURPOSE | $750,000 |
CHARITIES AID FOUNDATION OF AMERICA (CAF) PURPOSE: FURTHER 501(C)(3) CHARITABLE PURPOSE | $250,000 |
HISPANIC SCHOLARSHIP FUND PURPOSE: FURTHER 501(C)(3) CHARITABLE PURPOSE | $250,000 |
CHARITIES AID FOUNDATION OF AMERICA (CAF) PURPOSE: FURTHER 501(C)(3) CHARITABLE PURPOSE | $250,000 |