International Council of Shopping Centers Foundation Inc
INTERNATIONAL COUNCIL OF SHOPPING is a public charity based in New York, New York. Its 2025 filing describes the ICSC Foundation as ICSC’s philanthropic arm, focused on building a pipeline of talent for the retail real estate industry through scholarships and student engagement initiatives.
International Council of Shopping Centers Foundation Inc at a glance
In short: International Council of Shopping Centers Foundation Inc gave $341K across 23 grants in 2025 (avg $15K), top state Georgia. 33% of 2025 grantees were new. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $340,531
- -15.2% vs 2024
- Grants made (2025)
- 23
- -8.0% vs 2024
- Average grant
- $14,806
- -7.9% vs 2024
- Median grant
- $12,450
- Total assets
- $19,672,737
- +10.5% vs 2024
- New grantees (estimate)
- 33% first-time grantees (7 of 21, 2025; small sample)
- Primary geography
- Georgia (19% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to International Council of Shopping Centers Foundation Inc
- Contact
Mailing address: 1251 Avenue Of The Americas 45Th Fl, New York, NY 10020
Phone: (646) 728-3607
Website: https://icsc.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who International Council of Shopping Centers Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Morehouse College ($37K). Together the top 10 received $196K.
Organizations only. It also paid 3 individual scholarships ($49,526), which are not listed by name.
Grant Size Distribution
123 grants across all recorded years
The most common grant size was under $50K: 116 grants of 123 (94%).
Geographic Focus
Where this funder awards grants
The 2025 grant dollars were distributed across recipients in multiple states. The largest shares went to Georgia (19%), New York (13%), an individual recipient (10%), Wisconsin (9%), and Texas (9%).
Grant Distribution by State
Share of 2025 grant dollars across all 23 itemized grants.
States
Cities
Is International Council of Shopping Centers Foundation Inc open to new grantees?
33%
first-time grantees, 2025
In 2025, 7 of 21 grantees (33%) were first-time recipients. With only 21 grantees, that is a small sample: one grantee more or less moves the share by about 5 points. First grants averaged $15K; repeat grants $17K. How we count
Medians: $10K first-time, $14K repeat.
- 48% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (−3%). Method
Estimate from itemized grant lists in IRS Form 990 filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $259K (2021) to $525K (2023). In 2025 it made 23 grants totaling $341K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Morehouse College Atlanta, GA | Scholarship | $36,750 |
| 3 individual scholarships Recipients not named | — | $49,526 |
| University of Wisconsin System Madison, WI | Scholarships | $25,000 |
| The Trustees of Columbia University in the City of NY New York, NY | Scholarships | $25,000 |
| The University of Texas at Austin Austin, TX | Scholarships | $20,000 |
| New York University New York, NY | Scholarships | $20,000 |
| LSU Foundation Baton Rouge, LA | Scholarships | $15,750 |
| The Board of Trustees of the University of Alabama Tuscaloosa, AL | Scholarships | $15,600 |
| The Pennsylvania State University University Park, PA | Scholarships | $13,000 |
| The Administrators of the Tulane Educational Fund New Orleans, LA | Scholarships | $12,500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $19,672,737 | $2,042,498 | $1,369,510 | $340,531 | 23 | $827,828 |
| 2024 | $17,811,135 | $2,328,782 | $1,405,887 | $401,764 | 25 | $1,074,138 |
| 2023 | $16,432,443 | $2,024,402 | $1,210,228 | $525,448 | 32 | $399,886 |
| 2022 | $14,797,028 | $1,856,092 | $862,102 | $349,458 | 27 | $233,858 |
| 2021 | $15,419,811 | $992,222 | $525,235 | $259,183 | 16 | $393,697 |
| 2020 | $14,269,996 | $4,339,911 | $484,099 | $270,059 | 19 | $3,423,280 |
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The organization states that its mission is to create a vibrant retail real estate industry responsive to the needs of its members and communities by building a pipeline of outstanding talent that can excel in the industry.
Its filing describes undergraduate and graduate scholarships for students interested in retail real estate. Scholarships may be offered directly or funded through partner universities and generally cover tuition and related expenses, with some additional support for attending industry events. The filing also describes mentorship, internship, university partnership, education, and networking initiatives for students.
The 2025 grants listed are primarily to colleges, universities, and their foundations, with scholarship purposes specified for the largest grants. Among the supported organizations, Morehouse College’s National Alumni Association describes its mission as supporting and furthering the ideals and interests of Morehouse College. NYU describes its primary missions as education, research and scholarship, and patient care. The LSU Foundation says it cultivates philanthropic partnerships to support and advance LSU’s academic priorities.
Grantmaking
In 2025, the organization reported 23 grants totaling $340,531. Grants ranged from $6,000 to $36,750, with a median of $12,450. The largest awards included $36,750 to Morehouse College; $25,000 each to an individual recipient Central University Foundation, the University of Wisconsin System, and the Trustees of Columbia University; and $20,000 each to the University of Texas at Austin and New York University. The stated purposes for these largest awards were scholarships.
The filing says most grants go to nonprofit organizations in good standing. In some cases, students may be reimbursed directly for travel and meal expenses associated with attending a conference or event. The Foundation conducts periodic grantee reviews to assess compliance with awards and track use of funds.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Thomas McGee as a director; Glenn Rufrano as chair; Brian Finnegan as vice-chair; and Samuel Ankin, Mary Lynne Boorn, Karen Case, Carren Coston, Andrea Drasites, Rachel Elias Wein, and Ivy Greaner as directors. ICSC’s leadership page identifies Tom McGee as its president and chief executive officer.
International Council of Shopping Centers Foundation Inc is led by Lauri Novick, President on every filing since 2020; none of the 29 officers listed in 2025 report compensation.
Officers on the 2025 filing
Lauri Novick
President
On filings since 2020
35 hrs/week
No compensation reported
Jazmen Johnson
President
New on the 2025 filing
35 hrs/week
No compensation reported
Glenn Rufrano
Chair
On filings since 2024
1 hr/week
No compensation reported
Andrea Drasites
Director
On filings since 2020
1 hr/week
No compensation reported
Angele Robinson-Gaylord
Director
On filings since 2020
1 hr/week
No compensation reported
James Maurin
Director
On filings since 2020
1 hr/week
No compensation reported
Joseph Tichar
Director
On filings since 2020
1 hr/week
No compensation reported
Karen B. Case
Director
On filings since 2020
1 hr/week
No compensation reported
Samuel Ankin
Director
On filings since 2020
1 hr/week
No compensation reported
Thomas McGee
Director
On filings since 2020
1 hr/week
No compensation reported
Amy Hall
Director
On filings since 2021
1 hr/week
No compensation reported
Ivy Greaner
Director
On filings since 2021
1 hr/week
No compensation reported
Melvin Mance
Director
On filings since 2021
1 hr/week
No compensation reported
Robert Whelan
Director
On filings since 2021
1 hr/week
No compensation reported
Steven Vittorio
Director
On filings since 2021
1 hr/week
No compensation reported
Rachel Elias Wein
Director
On filings since 2023
1 hr/week
No compensation reported
Scott McPherson
Director
On filings since 2023
1 hr/week
No compensation reported
Carren Coston
Director
On filings since 2024
1 hr/week
No compensation reported
Alex Nyhan
Director
New on the 2025 filing
1 hr/week
No compensation reported
Christopher Hoffmann
Director
New on the 2025 filing
1 hr/week
No compensation reported
Eve Sembler
Director
New on the 2025 filing
1 hr/week
No compensation reported
Fabrizio Stanghieri
Director
New on the 2025 filing
1 hr/week
No compensation reported
Joshua Simon
Director
New on the 2025 filing
1 hr/week
No compensation reported
Mary Lynne Boorn
Director
New on the 2025 filing
1 hr/week
No compensation reported
Nicholas Hodge
Director
New on the 2025 filing
1 hr/week
No compensation reported
Reginald Livingston
Director
New on the 2025 filing
1 hr/week
No compensation reported
Brian Finnegan
Vice Chair
Director → Vice Chair, 2021
On filings since 2020
1 hr/week
No compensation reported
Lesley H Campbell
Secretary
On filings since 2020
1 hr/week
No compensation reported
Sean Kron
Treasurer
CFO & Treasurer → Treasurer, 2022
On filings since 2021
1 hr/week
No compensation reported
Former officers (24)
- Former: Bryan Ley (2020–2024) — Director
- Former: Laurie Mahowald (2020–2024) — Director
- Former: Robin Zeigler (2020–2024) — Director
- Former: Jeffrey Edison (2021–2024) — Director
- Former: Chris Hoffman (2023–2024) — Director
- Former: Lesley Gibson (2023–2024) — Director
- Former: Reggie Livingston (2023–2024) — Director
- Former: Whitney Livingston (2023–2024) — Director
- Former: Josh Simon (2024) — Director
- Former: Beverly A. Ricks (2020–2023) — Director
- Former: Andy Drasites (2022–2023) — Director
- Former: Jeff Edison (2022–2023) — Director
- Former: David G. Krueger (2020–2022) — Director
- Former: Greg Maloney (2020–2022) — Director
- Former: John R. Morrison (2020–2022) — Director
- Former: Richard J. Kuhle (2020–2022) — Director
- Former: Pat Donahue (2022) — Past Chair
- Former: John Bucksbaum (2020–2021) — Director
- Former: Luke Petherbridge (2020–2021) — Director
- Former: Patrick S. Donahue (2020–2021) — Chair
- Former: Peter S Eisenberg (2020–2021) — Past Chair
- Former: Stefan E Freiberg (2020–2021) — CFO & Treasurer
- Former: Leslie Fox (2020) — Secretary
- Former: Scott Burns (2020) — Director
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about International Council of Shopping Centers Foundation Inc
How much does International Council of Shopping Centers Foundation Inc give each year?
International Council of Shopping Centers Foundation Inc gave $341K across 23 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $402K across 25 grants.
What is International Council of Shopping Centers Foundation Inc's typical grant size?
International Council of Shopping Centers Foundation Inc's median grant in 2025 was $12,450, and its average grant was $14,806, across 23 grants on its 2025 IRS Form 990. Organizations receiving their first grant from International Council of Shopping Centers Foundation Inc that year got $15K on average.
Where does International Council of Shopping Centers Foundation Inc give grants?
International Council of Shopping Centers Foundation Inc's top state is Georgia, with 19% of the grant dollars itemized on its 2025 IRS Form 990. The next largest states were New York (13%) and North Carolina (10%). The most frequent recipient cities were Atlanta, GA (2 grants), New York, NY (2 grants) and Madison, WI (2 grants).
Does International Council of Shopping Centers Foundation Inc give general operating support?
Not in 2025: none of the 23 grants with a stated purpose on International Council of Shopping Centers Foundation Inc's 2025 IRS Form 990 were described as general or operating support. Recurring purposes include "Scholarships" (22 grants).
Who are International Council of Shopping Centers Foundation Inc's largest grantees?
International Council of Shopping Centers Foundation Inc's largest 2025 grantees include Morehouse College ($36,750), University of Wisconsin System ($25,000) and The Trustees of Columbia University in the City of NY ($25,000), according to its 2025 IRS Form 990. It also paid 3 individual scholarships ($49,526), which are not listed by name. Together they received 25% of its itemized 2025 grant dollars.
How large is International Council of Shopping Centers Foundation Inc?
International Council of Shopping Centers Foundation Inc reported $19.7M in total assets on its 2025 IRS Form 990. Its revenue that year was $2.0M.
What does International Council of Shopping Centers Foundation Inc fund?
The organization states that its mission is to create a vibrant retail real estate industry responsive to the needs of its members and communities by building a pipeline of outstanding talent that can excel in the industry. See mission & focus areas ↑
How do I apply for a grant from International Council of Shopping Centers Foundation Inc?
International Council of Shopping Centers Foundation Inc has no public application process in the sources Grantable reviewed. Check icsc.org for current guidelines, or contact the foundation directly before submitting a request.
What is International Council of Shopping Centers Foundation Inc's EIN?
International Council of Shopping Centers Foundation Inc's EIN (Employer Identification Number) is 13-3525440. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 1, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 2, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS October 25, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS August 19, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS August 12, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS August 3, 2026)
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). International Council of Shopping Centers Foundation Inc funder profile. GrantGraph. Retrieved October 4, 2026, from https://grantable.co/funders/international-council-of-shopping-centers-foundation-inc-morg_b83a79c7ca804a5d9eb1c8e131798867
BibTeX
@misc{grantable_133525440_2026,
author = {{Grantable}},
title = {{International Council of Shopping Centers Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/international-council-of-shopping-centers-foundation-inc-morg_b83a79c7ca804a5d9eb1c8e131798867},
note = {Accessed 2026-10-04. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from International Council of Shopping Centers Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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