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: Verified by RoundPaper

FY 2024

Verified NonprofitLast Filed 2024EIN 52-2348625

Foot Locker Foundation Inc

New York, NYNTEE: M20Founded 2001

mission statement

The Foundation is committed to supporting youth, athletics, education, and the communities in which Foot Locker, Inc. has operations.

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Total Revenue

$3.9M

FY 2024

Program Spending

96.1%

of total expenses

Known Funders

2019–2024 filings

Key Metrics (FY 2024)

The Numbers

$2.4M

Total Assets

$2.1M net

6.08 mo

Operating Reserves

FY 2024

+200%

Revenue Growth

YoY

Sector

NTEE M20

Funding Track Record

Backed by 6 Institutional Funders

$145K raised across 10 grants (2019–2024 filings)

Funder Geography

Funders across 6 states (2019–2024 filings)

Institutional Funding by Year

PaidCommittedBoth

Funder	Location	Total Awarded
The Oregon Community Foundation	Portland, OR	$75,000
Fidelity Investments Charitable Gift Fund	BOSTON, MA	$36,750
American Endowment Foundation	HUDSON, OH	$20,000
The Blackbaud Giving Fund	CHARLESTON, SC	$10,000
New Era Cap Foundation	BUFFALO, NY	$2,000
Crowley Cares Foundation	Wilmington, DE	$1,250

Total tracked: $145,000 across 10 grants (2019–2024 filings)

Totals reflect grants as reported on funder tax returns. Timing may not match recipient revenue: funder and recipient fiscal years often differ, and grants paid by a funder in one year may be recognized by the recipient in a different year.

Programs (FY 2024)

What They Do

$681K in expenses

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.

$3.3M in expenses

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.

Financial History