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
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
Cities
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.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
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 2024
Grant Size Distribution
76 grants across all recorded years
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
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHAEL KORS | PRESIDENT | 1 | — |
| LANCE LE PERE | SECRETARY AND TREASURER | 1 | — |
Recent News & Activity
Recent developments and announcements
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.
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 DeliverSubject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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