The Saks Fifth Avenue Foundation is a private, company-sponsored grantmaking foundation established in 1998 and based in New York City. The foundation operates as a 501(c)(3) organization and focuses on philanthropic giving aligned with the Saks Fifth Avenue retail company's values and community commitments.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$436K
-68.7% YoY
Annual Giving
$1.1M
-5.1% YoY
Grant Count
17
-10.5% YoY
Avg Grant Size
$66K
+6.1% YoY
Mission & Focus Areas
The foundation's mission centers on making mental health a priority in every community. The foundation supports mental health programs that increase awareness, bolster education, and improve access to care, with particular emphasis on reaching underserved communities.
Historically, the foundation has also supported the American Red Cross and awarded scholarships and grants to Saks employees.
Grantmaking
The foundation does not accept unsolicited applications. Grants are awarded by invitation only.
Grant Range
$30,000
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Revenue (as of February 2025):
- Total assets: $435,607
- Total revenues: $411,408
- Total expenses: $1,367,460
- Number of employees: 0
Historical Financial Data:
- 2024: Assets of $1.4 million; total giving of $1.2 million
- 2023: Assets of $1.9 million; total giving of $1.5 million
- Giving rate: 85.2% of assets
Tax Status:
- EIN: 63-1207483
- Tax-exempt since July 1999
- Files Form 990-PF annually
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $435,607 | $1,391,659 | $1,859,700 |
| Revenue | $411,408 | $926,121 | $2,408,107 |
| Expenses | $1,367,460 | $1,394,162 | $1,817,363 |
| Qualifying Distributions | $1,125,000 | $1,185,000 | $1,525,000 |
| Net Investment Income | $55,237 | $70,074 | $23,531 |
| Distributable Amount | $60,520 | $73,795 | $67,733 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
Grant Size Distribution
89 grants across all recorded years
Open Grants
1 open opportunity from Saks Fifth Avenue Foundation
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Marc Metrick — CEO of Saks Global and Vice President of the Saks Fifth Avenue Foundation Board
- Emily Essner — President and Chief Commercial Officer, Saks Global & Officer of Saks Fifth Avenue Foundation
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RICHARD BAKER | PRESIDENT | — | — |
| MARC METRICK | DIRECTOR | — | — |
| EMILY ESSNER | TREASURER | — | — |
| ANDREW WOODWORTH | SECRETARY | — | — |
Recent News & Activity
Recent developments and announcements
**2025 Impact Report & Announcements:**
In October 2025, the foundation released its annual Impact Report highlighting achievements in advancing its mental health mission. The report announced new partnerships, including RAISEfashion, and a collaboration with football player Kayvon Thibodeaux to support his JREAM Foundation. From July 2024 through July 2025, the foundation's nonprofit partners reached thousands of individuals directly and supported programs uplifting underserved communities across the country.
Saks Fifth Avenue Honors World Mental Health Day with the ...**2024 Impact Report:**
In October 2024, the foundation released its annual Impact Report on World Mental Health Day, announcing recipients of its 2024 local grant program and underscoring its commitment to supporting mental health programs that increase awareness, bolster education, and improve access to care.
Saks Fifth Avenue Honors World Mental Health Day with the ...Contact Information
Address: 225 Liberty Street, 31st Floor New York, NY 10281-1089
Phone: 973-932-4926
Subject Areas
Focus areas based on grantmaking activity
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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