2025-12-12T07:51:53-07:00 2025-01-31 990 2024-02-01 522348625 FOOT LOCKER FOUNDATION INC FOOT 2127203944 1 Penn Plaza Suite 3200 New York NY 10119 Larisa Love VP Taxation 2127203944 2025-12-12 1 2024 2025-03-06 01:10:19Z X Larisa Love 31 Tain Drive Great Neck NY 11021 4190285 0 X X 2001 DE The Foundation is committed to supporting youth, athletics, education, and the communities in which Foot Locker, Inc. has operations. 3 0 0 17 0 0 1271404 3871791 0 0 14280 22044 7055 -19791 1292739 3874044 2976124 3846306 0 0 0 0 0 0 80670 282569 317820 3258693 4164126 -1965954 -290082 2405242 2360161 5000 250000 2400242 2110161 The Foundation is committed to supporting youth, athletics, education, and the communities in which Foot Locker, Inc. has operations. 0 0 681271 526250 0 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. 3320056 3320056 0 The Foot Locker Foundation makes grants to other 501(c)(3) organizations which share and/or support the mission of the Foundation. The largest grant given in 2024 was to the Local Initiatives Support Corporation as detailed on Schedule I, Part II. 0 0 0 4001327 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 X 3 0 1 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X X Larisa Love Foot Locker Inc 2127203944 31 Tain Drive Great Neck NY 11021 X Franklin Bracken Director and President 0 40 X X 0 0 0 Michael Baughn Director 0 40 X 0 0 0 Giovanna Cipriano Director and Senior Vice President 0 40 X X 0 0 0 Cynthia Carlisle Executive Vice President 0 40 X 0 0 0 Robert Higginbotham Senior Vice President & Treasurer 0 40 X 0 0 0 Erin Conway Vice President & Corporate Secretary 0 40 X 0 0 0 Larisa Love Assistant Treasurer 0 40 X 0 0 0 Tate Fenner Assistant Treasurer 0 40 X 0 0 0 Yevgeniya Grafman Assistant Secretary 0 40 X 0 0 0 Lily Wang Assistant Secretary 0 40 X 0 0 0 0 0 0 20 0 0 0 Sequence Events LLC 15 West 38th Street New York NY 10018 Catering and Entertainment 365855 0 1297253 2508927 65611 19337 3871791 0 22044 0 0 22044 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 296450 1297253 316241 -19791 -19791 0 0 0 0 0 0 0 0 0 0 0 0 0 3874044 0 0 2253 X 3320056 3320056 526250 526250 35000 35000 235691 155021 80670 46274 46274 CT Corporation 375 0 375 0 Tax Return Filing Fees for 990 & CHAR500 361 0 361 0 Write-off cas reconciling item 119 0 119 0 4164126 4001327 82129 80670 2135142 2062193 11027 270100 286941 2405242 2360161 5000 250000 0 0 5000 250000 X 2400242 2110161 0 0 2400242 2110161 2405242 2360161 X -290082 0 0 0 0 1 X 0 1 X 1 0 X 1244279 4935100 6143616 1532350 3596573 17451918 1244279 4935100 6143616 1532350 3596573 17451918 13411910 4040008 857 35 1375 14280 22044 38591 0 0 0 0 0 0 17490509 0.23098 0.21132 X Despite the organization failing to meet the 33 1/3 support test, the organization meets the alternative test because a substantial portion of the funds of the organization are derived from the general public, rather than a limited number of contributors; the organization seeks to cultivate and secure new and additional donations from the general public on an annual basis; a substantial portion of the organization's funds are utilized on a current basis as opposed to being placed in endowment; and the organization's programs and funding supports a wide range of community interests and constituencies. Schedule A, Part II, Line 10 Net income or (loss) from fundraising events. Schedule A, Part II, Line 17b Minor errors on a prior Schedule A, which did not affect the Foundation's public charity status, have been corrected in this return. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 X 4190285 0 0 0 296450 296450 3893835 0 -19791 -19791 3874044 4480366 0 0 0 316241 316241 4164125 0 1 1 4164126 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 taken 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 1, 2025 and February 3, 2024, there were no uncertain positions taken or expected to be taken that would require recognition of a Schedule D (Form 990) 2024 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 expense for fundraising events Schedule D, Part XII, Line 4b Rounding On Our Feet 1593703 1297253 296450 0 0 0 0 0 316241 0 0 1593703 1297253 296450 0 0 0 0 0 316241 316241 -19791 1 Boys & Girls Clubs of America PO Box 117431 Atlanta GA 30368 135562976 501(c)(3) 257500 0 General Grant Local Initiatives Support Corp 28 Liberty Street New York NY 10005 133030229 501(c)(3) 1500000 0 General Grant Two Ten Footwear Foundation Inc 1466 Main Street Walham MA 02451 222579809 501(c)(3) 128346 0 General Grant United Negro College Fund 80 Pine Street 9th Floor New York NY 10005 131624241 501(c)(3) 310000 0 General Grant Winston-Salem State University Foundation Incorporated 601 Martin Luther King Jr Drive Winston Salem NC 27110 560989620 501(c)(3) 25000 0 General Grant Pensole Lewis College of Business 200 Walker Street Detroit MI 48207 382048961 170(b)(1)(A)(ii) 1000000 0 General Grant Virginia Union University 1500 N Lombardy Street Richmond VA 23220 540524516 501(c)(3) 25000 0 General Grant 7 1 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Scholarship for College 1 5000 0 Schedule I, Part I, Line 2 Schedule I, Part I, Line 2 - The Foundation engages a third party Do Something to develop and manage the scholarship process. 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 Assistant Treasurer of the Foundation to prepare the Form 990 at the direction of the board. 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 Foundation, 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 Foundation, 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 $155,021, direct allocated expenses $68,951 and direct unallocated expenses $11.719. Form 990, Part XI, Line 9 Rounding Foot Locker Inc 1 Penn Plaza Suite 3200 New York NY 10119 133513936 Retailer NY N/A C 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 Foot Locker Inc c 2508927 Cash Foot Locker Inc m 46274 Time allocations Form 8868 for tax year 2024 was filed for The Foot Locker Foundation, Inc and was accepted on 6/11/2025.