Charity profile · Historical source record

Fashion Institute of Technology Foundation

Historical collection: May 2019 · Rating details mostly from 2017. Source & context

The mission

What this organization describes

Nurturing and educating the future leaders of the fashion industry
Founded in 1944, when apparel industry leaders obtained a charter to establish a fashion institute of design and technology, The Fashion Institute of Technology Foundation was born, to nurture and educate the future leaders of the fashion industry. The FIT Foundation serves as an advisory and fundraising body to FIT. The special relationship between the college and foundation creates valuable opportunities to share knowledge and experience. Board members, who include today's leaders and innovators, serve on panels and appear as special lecturers, enabling students to meet outstanding representatives from the fields of industrial production, labor, design, merchandising, and the arts.

Mission and tagline reproduced from the source record.

Historical scorecard

Three perspectives. One record.

82.99Overall score
out of 100
81.21Financial score
out of 100
85.00Accountability & transparency
out of 100

These are the dataset’s historical numeric fields, not a current rating or a new DonorAPI.com assessment. Read the score context ↗

Financial context

Revenue, expenses, and composition

Total revenue · USD$7,154,971
Total expenses · USD$5,704,618

Program expenses

$3,993,232.60 recorded amount
70.0%

Fundraising expenses

$188,252.39 recorded amount
3.3%

Administrative expenses

$1,517,428.39 recorded amount
26.6%
Fundraising efficiency
$0.05 spent per $1 raised in donations, as defined in the source.

Expense shares are displayed as percentages. Component amounts in this collection match total expenses multiplied by the source ratios; rounding can leave a small difference from the total. The source does not supply a row-specific fiscal year. Field definitions ↗

Historical leadership record

The leadership information supplied

Recorded leader
Joyce F. Brown
Recorded compensation
$44,672.00
Recorded compensation percentage
0.78%

These fields do not establish the current officeholder or current compensation. The metadata does not specify the denominator of the leader compensation percentage. Read with context ↗

Inspect all 23 original source fields

Exact source strings are retained below, including numeric precision. A blank value is marked as not reported; zero remains zero.

All 23 original fields for Fashion Institute of Technology Foundation
Source fieldOriginal source value
ascore
Accountability & transparency score
85.0
category
Category
Education
description
Mission & description
Founded in 1944, when apparel industry leaders obtained a charter to establish a fashion institute of design and technology, The Fashion Institute of Technology Foundation was born, to nurture and educate the future leaders of the fashion industry. The FIT Foundation serves as an advisory and fundraising body to FIT. The special relationship between the college and foundation creates valuable opportunities to share knowledge and experience. Board members, who include today's leaders and innovators, serve on panels and appear as special lecturers, enabling students to meet outstanding representatives from the fields of industrial production, labor, design, merchandising, and the arts.
ein
EIN
13-5675757
tot_exp
Total expenses
5704618.0
admin_exp_p
Administrative expense fraction
0.266
fund_eff
Fundraising efficiency ($ per $1 raised)
0.05
fund_exp_p
Fundraising expense fraction
0.033
program_exp_p
Program expense fraction
0.7
fscore
Financial score
81.21
leader
Recorded leader
Joyce F. Brown
leader_comp
Recorded leader compensation
44672.0
leader_comp_p
Recorded leader compensation fraction
0.0078000000000000005
motto
Tagline
Nurturing and educating the future leaders of the fashion industry
name
Charity name
Fashion Institute of Technology Foundation
tot_rev
Total revenue
7154971.0
score
Overall score
82.99
state
State code
NY
subcategory
Subcategory
Scholarship and Financial Support
size
Source size label
mid
program_exp
Program expenses
3993232.5999999996
fund_exp
Fundraising expenses
188252.394
admin_exp
Administrative expenses
1517428.388

Source: Charity Navigator Scores Expenses Dataset, version 1, attributed to katyjqian on Kaggle. Collection: May 2019; rating details mostly from 2017. Read attribution, scope, and reuse notes.