FOOT LOCKER FOUNDATION INC: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- FOOT LOCKER FOUNDATION INC (EIN 52-2348625)
- Tax period
- 2023-02-01 to 2024-01-31
- Filed
- 2024-12-11
- IRS object ID
- 202403469349300130
- Schema version
- 2023v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule G
- Schedule I
- Schedule J
- Schedule O
- Schedule R
- Reasonable Cause Explanation
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-12-11T09:24:52-07:00 | ReturnTs |
| Tax Period End | 2024-01-31 | TaxPeriodEndDt |
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-02-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 522348625 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FOOT LOCKER FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | FOOT | BusinessNameControlTxt |
| Phone | 2127203944 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 330 West 34th Street | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10001 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Larisa Love | PersonNm |
| Person Title | VP Taxation | PersonTitleTxt |
| Phone | 2127203944 | PhoneNum |
| Signature | 2024-12-11 | SignatureDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Larisa Love | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 330 West 34th Street | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10001 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $1,572,453 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2001 | FormationYr |
| Legal Domicile State | DE | LegalDomicileStateCd |
| Activity Or Mission | The Foundation is committed to supporting youth, athletics, education, and the communities in which Foot Locker, Inc. has operations. | ActivityOrMissionDesc |
| Voting Members Governing Body | 3 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 0 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 21 | TotalVolunteersCnt |
| Total Gross UBI | $14,280 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $5,879,414 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,271,404 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,375 | PYInvestmentIncomeAmt |
| CY Investment Income | $14,280 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$37,693 | PYOtherRevenueAmt |
| CY Other Revenue | $7,055 | CYOtherRevenueAmt |
| PY Total Revenue | $5,843,096 | PYTotalRevenueAmt |
| CY Total Revenue | $1,292,739 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $3,575,362 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $2,976,124 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $0 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $0 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $152,117 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $302,731 | PYOtherExpensesAmt |
| CY Other Expenses | $282,569 | CYOtherExpensesAmt |
| PY Total Expenses | $3,878,093 | PYTotalExpensesAmt |
| CY Total Expenses | $3,258,693 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $1,965,003 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$1,965,954 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $4,366,196 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,405,242 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $5,000 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $4,366,196 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $2,400,242 | NetAssetsOrFundBalancesEOYAmt |
| Mission | The Foundation is committed to supporting youth, athletics, education, and the communities in which Foot Locker, Inc. has operations. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $578,654 | ExpenseAmt |
| Grant | $503,195 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | Foot Locker Scholar Athletes program awards nineteen $5,000 and one $6,250 scholarships per year for four years to high school seniors who demonstrate academic excellence and exemplify strong leadership skills both in sports and within their communities. The Foundation also awards twenty-nine $5,000 and one $10,000 scholarships to employees of Foot Locker, Inc. and its subsidiaries. The criteria for awarding these scholarships is the same as for the external programs but further limited by the guidelines in Rev. Proc. 76-47. Officers and directors (and their children) of the Foundation or of Foot Locker, Inc. are not eligible for the internal program. The Foundation engages a third party to develop and manage the scholarship process. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $2,472,929 | ExpenseAmt |
| Grant | $2,472,929 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | The Foot Locker Foundation makes grants to other 501(c)(3) organizations. The largest grants in 2023 was to the Local Initiatives Support Corporation as detailed on Schedule I, Part II. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $0 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $0 | TotalOtherProgSrvcGrantAmt |
| Total Other Prog Srvc Revenue | $0 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $3,051,583 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | 0 | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 0 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Form8899 Filedind | 0 | Form8899Filedind |
| Form1098 C Filed | 0 | Form1098CFiledInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 3 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 0 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Larisa Love | BusinessNameLine1Txt |
| Business Name Line2 | Foot Locker Inc | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2127203944 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 330 West 34th Street | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10001 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (7 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| Various Former-Avail upon request | |||||||||
| Various-Former Directors Officers | 0 | 40 | Yes (X) | $0 | $12,541,444 | $0 | |||
| Various Current-Avail upon request | |||||||||
| Various- Current Directors Officers | 0 | 40 | $0 | $4,122,312 | $0 | Yes (X) | Yes (X) | ||
| Mary Dillon | |||||||||
| President and CEO | 0 | 40 | $0 | $2,781,630 | $0 | Yes (X) | |||
| Frank Bracken | |||||||||
| Director and President | 0 | 40 | $0 | $2,199,064 | $0 | Yes (X) | Yes (X) | ||
| Elliott Rodgers | |||||||||
| EVP & Chief Operations Officer | 0 | 40 | $0 | $1,501,350 | $0 | Yes (X) | |||
| Robert Higginbotham | |||||||||
| Senior Vice President and Treasurer | 0 | 40 | $0 | $675,327 | $0 | Yes (X) | |||
| Mike Baughn | |||||||||
| Director | 0 | 40 | $0 | $664,053 | $0 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $0 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $24,485,180 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 16 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (1) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp
Contractor Name ContractorName
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Sequence Events LLC | BusinessNameLine1Txt |
Contractor Address ContractorAddress
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 15 West 38th Street | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10018 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Services | Catering and Entertainment | ServicesDesc |
| Compensation | $342,583 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 1 | CntrctRcvdGreaterThan100KCnt |
| Federated Campaigns | $0 | FederatedCampaignsAmt |
| Membership Dues | $0 | MembershipDuesAmt |
| Fundraising | $740,760 | FundraisingAmt |
| Related Organizations | $500,000 | RelatedOrganizationsAmt |
| Government Grants | $0 | GovernmentGrantsAmt |
| All Other Contributions | $30,644 | AllOtherContributionsAmt |
| Noncash Contributions | $9,265 | NoncashContributionsAmt |
| Total Contributions | $1,271,404 | TotalContributionsAmt |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $0 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $14,280 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $14,280 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
| Personal | $0 | PersonalAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $0 | SecuritiesAmt |
| Other | $0 | OtherAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $286,769 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $740,760 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $279,714 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $7,055 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $7,055 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $0 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,292,739 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $14,280 | UnrelatedBusinessRevenueAmt |
| Exclusion | $7,055 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,472,929 | TotalAmt |
| Program Services | $2,472,929 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $503,195 | TotalAmt |
| Program Services | $503,195 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $33,000 | TotalAmt |
| Management And General | $33,000 | ManagementAndGeneralAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $227,576 | TotalAmt |
| Program Services | $75,459 | ProgramServicesAmt |
| Fundraising | $152,117 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $21,379 | TotalAmt |
| Management And General | $21,379 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| CT Corporation | $208 | $0 | $208 | $0 |
| Postage | $13 | $0 | $13 | $0 |
| Tax filing fee | $393 | $0 | $393 | $0 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Fundraising | $0 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,258,693 | TotalAmt |
| Program Services | $3,051,583 | ProgramServicesAmt |
| Management And General | $54,993 | ManagementAndGeneralAmt |
| Fundraising | $152,117 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,345,737 | BOYAmt |
| EOY | $2,135,142 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,000 | BOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,459 | BOYAmt |
| EOY | $270,100 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,366,196 | BOYAmt |
| EOY | $2,405,242 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $5,000 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $5,000 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,366,196 | BOYAmt |
| EOY | $2,400,242 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,366,196 | BOYAmt |
| EOY | $2,400,242 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,366,196 | BOYAmt |
| EOY | $2,405,242 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$1,965,954 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $0 | NetUnrlzdGainsLossesInvstAmt |
| Donated Services And Use Fclts | $0 | DonatedServicesAndUseFcltsAmt |
| Investment Expense | $0 | InvestmentExpenseAmt |
| Prior Period Adjustments | $0 | PriorPeriodAdjustmentsAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,286,873 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,326,266 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $5,090,926 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $5,879,414 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,271,404 | CurrentTaxYearAmt |
| Total | $14,854,883 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,286,873 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,326,266 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $5,090,926 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $5,879,414 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,271,404 | CurrentTaxYearAmt |
| Total | $14,854,883 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $7,826,664 | SubstantialContributorsTotAmt |
| Public Support Total170 | $7,028,219 | PublicSupportTotal170Amt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $10,607 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $0 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $0 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | -$37,693 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $14,420 | CurrentTaxYearAmt |
| Total | -$12,666 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $14,842,217 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $0 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.47353 | PublicSupportCY170Pct |
| Public Support PY170 | 0.46509 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule A, Part II, Line 10 | FormAndLineReferenceDesc |
| Explanation | Net income or (loss) from fundraising events. | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Financial Derivatives FinancialDerivativesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | $0 | BookValueAmt |
Closely Held Equity Interests CloselyHeldEquityInterestsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | $0 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $0 | TotalBookValueSecuritiesAmt |
| Federal Income Tax Liability | $0 | FederalIncomeTaxLiabilityAmt |
| Total Liability | $0 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $1,572,454 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $0 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $0 | DonatedServicesAndUseFcltsAmt |
| Recoveries Prior Year Grants | $0 | RecoveriesPriorYearGrantsAmt |
| Other Revenue | $286,769 | OtherRevenueAmt |
| Revenue Not Reported | $286,769 | RevenueNotReportedAmt |
| Revenue Subtotal | $1,285,685 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $0 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $7,054 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $7,054 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $1,292,739 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $3,538,407 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $0 | DonatedServicesUseFcltsAmt |
| Prior Year Adjustments | $0 | PriorYearAdjustmentsAmt |
| Losses Reported | $0 | LossesReportedAmt |
| Other Expenses Included | $279,714 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $279,714 | ExpensesNotReportedAmt |
| Expenses Subtotal | $3,258,693 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $0 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $0 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $3,258,693 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule D, Part X, Line 2 | U.S. generally accepted accounting principles require the Foundation to evaluate tax positions taken by the Foundation and recognize a tax liability (or asset) if the plan has takan an uncertain position that more likely than not would not be sustained upon examination by the Internal Revenue Service. The Foundation has analyzed the tax positions taken, and has concluded that as of February 3, 2024 and January 28, 2023 there were no uncertain positions taken or expected to be taken that would required recognition of a liability (or asset) or disclosure in the financial statements. |
| Schedule D, Part XI, Line 2d | Gross revenue from fundraising event |
| Schedule D, Part XI, Line 4b | Net income from fundraising event |
| Schedule D, Part XII, Line 2d | Direct expenses for fundraising events |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | On Our Feet | Event1Nm |
| Gross Receipts Event1 | $1,027,529 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $740,760 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $286,769 | GrossRevenueEvent1Amt |
| Cash Prizes Event1 | $0 | CashPrizesEvent1Amt |
| Non Cash Prizes Event1 | $0 | NonCashPrizesEvent1Amt |
| Rent Facility Costs Event1 | $0 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $0 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $0 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $279,714 | OtherDirectExpensesEvent1Amt |
| Food And Beverage Other Events | $0 | FoodAndBeverageOtherEventsAmt |
| Entertainment Other Events | $0 | EntertainmentOtherEventsAmt |
| Gross Receipts Total | $1,027,529 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $740,760 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $286,769 | GrossRevenueTotalEventsAmt |
| Cash Prizes Total Events | $0 | CashPrizesTotalEventsAmt |
| Non Cash Prizes Total Events | $0 | NonCashPrizesTotalEventsAmt |
| Rent Fclty Costs Total Events | $0 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $0 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $0 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $279,714 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $279,714 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $7,055 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (7 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|---|
| Boys & Girls Clubs of America | ||||||||
| PO Box 117431 | Atlanta | GA | 30368 | 135562976 | 501(c)(3) | $250,000 | $0 | General Grant |
| Laureus Sport for Good | ||||||||
| 645 Fifth Avenue | New York | NY | 10022 | 300047132 | 501(c)(3) | $300,000 | $0 | General Grant |
| Local Initiatives Support Corp | ||||||||
| 28 Liberty Street | New York | NY | 10005 | 133030229 | 501(c)(3) | $1,500,000 | $0 | General Grant |
| Two Ten Footwear Foundation Inc | ||||||||
| 1466 Main Street | Walham | MA | 02451 | 222579809 | 501(c)(3) | $12,929 | $0 | General Grant |
| Two Ten Footwear Foundation Inc | ||||||||
| 1466 Main Street | Walham | MA | 02451 | 222579809 | 501(c)(3) | $100,000 | $0 | General Grant |
| United Negro College Fund | ||||||||
| 80 Pine Street 9th Floor | New York | NY | 10005 | 131624241 | 501(c)(3) | $10,000 | $0 | General Grant |
| United Negro College Fund | ||||||||
| 80 Pine Street 9th Floor | New York | NY | 10005 | 131624241 | 501(c)(3) | $300,000 | $0 | General Grant |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 7 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (100 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt |
|---|---|---|---|
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
| Scholarship for College | 1 | $5,000 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule I, Part I, Line 2 | The Foundation engages a third party Do Something to develop and manage the scholarship process. |
| Schedule I, Part II, Line 1 | Local Initiatives Support Corp $1,500,000, United Negro College Fund $310,000, Laureus Sport for Good $300,000, Boys & Girls Clubs of America $250,000 and Two Ten Foundation $112,929. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | Yes (1) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | Yes (1) | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | Yes (1) | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | Yes (1) | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (7 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Various Former-Avail upon request | ||||||||||||||
| Various-Former Directors Officers | $0 | $547,371 | $0 | $15,819,922 | $0 | $649,962 | $0 | $2,881,373 | $0 | -$7,357,184 | $0 | $12,541,444 | $0 | $0 |
| Various Current-Avail upon request | ||||||||||||||
| Various- Current Directors Officers | $0 | $2,373,760 | $0 | $2,433,439 | $0 | $105,875 | $0 | $65,772 | $0 | -$856,534 | $0 | $4,122,312 | $0 | $0 |
| Mary Dillon | ||||||||||||||
| President & CEO | $0 | $1,300,000 | $0 | $1,481,630 | $0 | $22,523 | $0 | $0 | $0 | -$22,523 | $0 | $2,781,630 | $0 | $0 |
| Frank Bracken | ||||||||||||||
| Director and President | $0 | $856,600 | $0 | $1,919,304 | $0 | $51,211 | $0 | $0 | $0 | -$628,051 | $0 | $2,199,064 | $0 | $0 |
| Elliott Rodgers | ||||||||||||||
| EVP & Chief Operations Officer | $0 | $800,000 | $0 | $700,000 | $0 | $21,699 | $0 | $0 | $0 | -$20,349 | $0 | $1,501,350 | $0 | $0 |
| Robert Higginbotham | ||||||||||||||
| Senior Vice President and Treasurer | $0 | $480,977 | $0 | $194,350 | $0 | $6,159 | $0 | $0 | $0 | -$6,159 | $0 | $675,327 | $0 | $0 |
| Mike Baughn | ||||||||||||||
| Director | $0 | $361,932 | $0 | $300,000 | $0 | $11,024 | $0 | $0 | $0 | -$8,903 | $0 | $664,053 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule J, Part I, Line 4 | a. Andrew Page - Severance $590,833: all from Foot Locker, Inc. b. Lauren Peters - SERP $643,949: all from Foot Locker, Inc. c. 3. Mary Dillon - Stock Awards $11,754,925, Option Awards $1,600,011: all from Foot Locker, Inc., 4. Frank Bracken - Stock Awards $1,570,364, Option Awards $392,582, Change in Pension Value and Non-Qualified Deferred Compensation Earnings $3,489: all from Foot Locker, Inc., 5. Elliott Rodgers - Stock Awards $1,440,032, Option Awards $360,010: all from Foot Locker, Inc., 6. Robert Higginbotham - Stock Awards $695,098, Option Awards $80,007: all from Foot Locker, Inc., 7. Michael Baughn - Stock Awards $1,497,885, Option Awards $260,008: all from Foot Locker, Inc. |
| Schedule J, Part I, Line 5 | Bonus and LTIP are contingent on the Company's performance. |
| Schedule J, Part I, Line 6 | Bonus and LTIP are contingent on the Company's performance. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (11 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section A, Line 2 | All of the officers and directors of the Foundation are employees of Foot Locker, Inc. |
| Form 990, Part VI, Section A, Line 7a | All the Directors of the Foundation are selected by senior officers of Foot Locker, Inc. |
| Form 990, Part VI, Section A, Line 8a | Board minutes are prepared annually. Committee minutes are prepared monthly. |
| Form 990, Part VI, Section B, Line 11b | All directors sign and review the audited financial statements of the Foundation. Then they require the responsible tax officer of the Foundation to prepare the Form 990 in a manner consistent with those financial statements. |
| Form 990, Part VI, Section B, Line 12c | The officers and directors of the Foundation are all employees of Foot Locker, Inc. and are all bound by the Foot Locker, Inc. Code of Conduct. Each officer and director must review the policy every year and certify that they are in compliance with it. |
| Form 990, Part VI, Section B, Line 13 | The Foundation's directors and officers are all bound by the code of conduct and document retention policies of Foot Locker, Inc. |
| Form 990, Part VI, Section B, Line 14 | The Foundation's directors and officers are all bound by the code of conduct and document retention policies of Foot Locker, Inc. |
| Form 990, Part VI, Section B, Line 15 | No director or officer receives any compensation from the Foundation and the Foundation has no employees. |
| Form 990, Part VI, Section C, Line 19 | The Foundation's governing documents, conflicts of interest policy, and financial statements are available to the public upon request. |
| Form 990, Part VII, Section A, Line 1a | Compensation information for various former and various current officers, directors, trustees, key employees is available upon request. |
| Form 990, Part IX, Line 11g | Scholarship consulting expenses and related expenses $75,459, direct allocated expenses $72,134 and direct unallocated expenses $79,983. |
Schedule R IRS990ScheduleR
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foot Locker Inc | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 330 West 34th Street | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10001 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 133513936 | EIN |
| Primary Activities | Retailer | PrimaryActivitiesTxt |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Entity Type | C | EntityTypeTxt |
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (1) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | Yes (1) | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (2 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| Foot Locker Inc | ||
| c | $500,000 | Cash |
| Foot Locker Inc | ||
| m | $21,379 | Time allocations |
Reasonable Cause Explanation ReasonableCauseExplanation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | Form 8868 for tax year 2023 was filed for The Foot Locker Foundation, Inc. and was accepted on 6/10/2024. | ExplanationTxt |