The Kors Le Pere Foundation

NEW YORK, NY EIN: 45-4035400

The Kors Le Pere Foundation is a private independent foundation established in Delaware in September 2012. Based in New York City, the foundation operates as a 501(c)(3) charitable organization dedicated to philanthropic grantmaking.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$1.2M

-4.5% YoY

Grant Count

39

+14.7% YoY

Avg Grant Size

$30K

-16.7% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation supports causes meaningful to its founders, with demonstrated funding interests in:

  • LGBTQ+ advocacy and cultural preservation
  • Food security and hunger relief
  • Healthcare and medical services
  • Arts and cultural institutions

Grantmaking

The foundation made 34 grants in 2023, with a median grant size of $10,000 and a maximum grant of $170,000. Recent grants include:

Grant Range

of $10,000 and a maximum grant of $170,000. Recent grants include:

How to Apply

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in New York, with particular emphasis on New York City-based nonprofits.

Grant Distribution by State

8states

Cities

ATLANTABALTIMOREBELLEVILLEBRADENTONBROOKLYNLITTLE ROCKMIAMINEW YORKPORT WASHINGTONSAN FRANCISCOSARASOTAST PETERSBURGTALLEVASTWASHINGTONWEST HOLLYWOOD

Financial History

Multi-year comparison from IRS filings

As of December 2024:

  • Total Assets: $18,479,438
  • Total Revenues: $2,065,632
  • Total Expenses: $1,372,121
  • Total Distributions: $1.3 million

Revenue Composition (2024):

  • Investment income and dividends: $231,148
  • Net gain from sale of non-inventory assets: $1,752,265
  • Miscellaneous revenues: $82,219

The foundation has no employees and receives no grant contributions or donations.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.120202021202220232024
Metric202420232022
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$336K$672K$1M$1M1 grants20201 grants20211 grants202234 grants202339 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

PRIDE LIVE INC$167KGOD'S LOVE WE DELIVER$100KLESBIAN AND GAY COMMUNIT…$100KNEW YORK-PRESBYTERIAN FU…$100KROUNDABOUT THEATRE COMPANY$100KHOSPITAL FOR SPECIAL SUR…$50KNEW YORK RESTORATION PRO…$50KNEW YORK RESTORATION PRO…$50KPLANNED PARENTHOOD FEDER…$50KPUBLICOLOR$50K

Grant Size Distribution

76 grants across all recorded years

55<$50K7$50–100K11$100–250K$250–500K1$500K–1M2$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

Michael Kors — President (serves 1 hour per week, no compensation)

Lance Le Pere — Secretary and Treasurer (serves 1 hour per week, no compensation)

Michael Kors is a renowned American fashion designer who founded his eponymous fashion brand in 1981. Lance Le Pere joined the Michael Kors company in 1992 and serves as creative director of women's design. The couple married in August 2011 and are longtime New York City residents. Both serve on the board of trustees of The American LGBTQ+ Museum.

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
MICHAEL KORSPRESIDENT1
LANCE LE PERESECRETARY AND TREASURER1

Recent News & Activity

Recent developments and announcements

2027

Michael Kors and Lance Le Pere were appointed to the board of trustees of The American LGBTQ+ Museum, which is preparing to open its inaugural physical location at the New York Historical Society at 170 Central Park West in fall 2027. The museum will occupy 5,000 square feet of gallery space.

2012

The foundation has been a longstanding supporter of God's Love We Deliver, a New York City-based nonprofit providing medically tailored meals to people living with critical illnesses. Michael Kors's personal gift in 2012 helped initiate a major facility expansion, culminating in the opening of the Michael Kors Building at God's Love We Deliver in 2015.

Golden Heart Society - God's Love We Deliver

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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