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Filing year 2024

THE LUXURY EDUCATION FOUNDATION

New York, New York·EIN 13-3490808·NTEE T70Z · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$319k
Total assets
$186k
Total expenses
$313k
Reported officers
8
Mission

THE LUXURY EDUCATION FOUNDATION SUPPORTS EDUCATIONAL PROGRAMS FOR UNDERGRADUATE AND GRADUATE STUDENTS IN THE DISCIPLINES OF DESIGN AND BUSINESS WITH RESPECT TO CREATION AND MARKETING OF LUXURY GOODS. LEF PROGRAMS PROVIDE STUDENTS WITH VARIOUS PLATFORMS TO ENGAGE WITH SENIOR EXECUTIVES IN LEADING LUXURY FIRMS TO UNDERSTAND AND APPRECIATE THE UNIQUE PROPERTIES OF THIS INDUSTRY.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in New York.

Employee
Highest Compensated Employee
25th percentile to median
$132k
$142k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 7 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at THE LUXURY EDUCATION FOUNDATION equaled 42% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
42%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 1%
from 2023

From $130k in 2023 to $132k in 2024.

$130k
2023
$132k
2024
In today's dollarsEst.
Down 2% in real terms$146k to $142k

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Highest Compensated Employee pay rose 1% from 2023 to 2024, while revenue rose 67%.

$130k in 2023 to $132k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about THE LUXURY EDUCATION FOUNDATION

What does the Highest Compensated Employee of THE LUXURY EDUCATION FOUNDATION earn?

In 2024, the Highest Compensated Employee of THE LUXURY EDUCATION FOUNDATION received $131,667 in total compensation. This pay is below the median (the midpoint) for Highest Compensated Employee roles among Philanthropy, Voluntarism & Grantmaking organizations in New York, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Highest Compensated Employee pay at THE LUXURY EDUCATION FOUNDATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in New York, the 2024 pay of the Highest Compensated Employee at THE LUXURY EDUCATION FOUNDATION falls between the 25th percentile and the median. In 2024, the highest total compensation at THE LUXURY EDUCATION FOUNDATION equaled 42% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are THE LUXURY EDUCATION FOUNDATION's revenue and expenses?

In 2024, THE LUXURY EDUCATION FOUNDATION reported $319k in total revenue and $313k in total expenses on its IRS Form 990.

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