Tiffany & Co. Foundation

The Tiffany and Co. Foundation is a 501(c)(3) private foundation whose agenda includes granting money to left-of-center causes including coral and wildlife preservation, urban park support, and environmentally friendly mining.1 The Foundation is closely tied to the jewelry company of the same name, and most of the top executives at the foundation are employees of the jewelry company.1

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At-A-Glance

Type: Non-profit, 501(c)(3), Private Foundation
Formation:

2000

Location: Parisppany, NJ View on map
Tax ID: 13-4096178
Most Recent Filing: 2024
Budget (2024): Assets: $6,018,554 Revenue: $-55,556 Expenses: $2,000,965

Contents

    Background

    The Tiffany and Co Foundation, founded in 2000, primarily serves as a provider of funds to various groups that work for stricter environmental regulations and policies. The Foundation possesses over $16,000,000 in assets, and the grants it gives range from $6,000 to $5,000,000.2

    The four types of groups to which it donates fall under the categories of “Responsible Mining”, “Coral Conservation”, “Urban Parks”, and “Excellence in Design.”3 Recently, however, the Foundation has slowed down and now ceased its grants to the “Excellence in Design” program, which previously included donations to organizations such as the Metropolitan Museum of Art, the Dallas Museum of Art, and the Orlando Museum of Art.3 Grants given by the foundation currently focus on left-wing, ideologically driven movements like global warming. Notable groups that Tiffany and Co. Foundation donated to include Skytruth, The Mayor’s Fund to Advance New York City, Earthworks, Trout Unlimited, The Coral Reef Alliance, the National Forest Foundation, and the Native American Rights Fund.3

    People

    The Foundation is tightly linked to the luxury jewelry retailer, and was founded to “focus the company’s philanthropic endeavors.”1 Because of this, the top people at the Foundation also have prominent roles at the jewelry company. Anisa Kamadoli Costa, the President of Tiffany and Co. Foundation, is also the Chief Sustainability Officer at Tiffany and Co.4 Leigh Harlan, a Director at the Foundation, is also a senior vice president at Tiffany and Co.5 Michael Kowalski, also a Director at the Foundation, is currently the Chairman of the Board at Tiffany and Co6.

    The Foundation is funded through private donations, as well as being heavily supported by Tiffany and Co.

    Finances

    COVID-19

    In 2020, Tiffany & Co. Foundation pledged $750,000 to the World Health Organization’s COVID-19 Solidarity Response Fund and $250,000 to the New York City COVID-19 Response & Impact Fund.7

    Financial Statistics

    Total Assets

    Total Revenue

    Total Expenses

    YearTotal AssetsTotal RevenueTotal ExpensesFiling
    2024 $6,018,554 $-55,556 $2,000,965 View
    2023 $7,755,848 $319,569 $1,576 View
    2022 $7,307,485 $6,222,890 $6,001,079 View
    2021 $7,967,621 $186,760 $5,002,621 View
    2020 $12,948,759 $12,177,308 $3,998,250 View

    Prior year filings: 2019, 2015, 2014, 2013, 2012, 2011

    Expenses Detail

    Grant Activity

    All-time grants given statistics from Candid dataset:

    • Total Grant Value: $64,439,750
    • Number of Grants: 259
    • Number of Recipients: 116

    Selection of highest value grants given from the last seven years:

    AmountYearFunderSubject
    $1,200,0002021 XPRIZE FoundationSUPPORT FOR THE XPRIZE CORAL RESTORATION, A PRIZE TO HELP SAVE THE WORLDS OCEANS BY CREATING AND ACCELERATING INNOVATION TO RESTORE THE LARGEST AREAS OF CORAL REEFS AT AN UNMATCHED SPEED AND SCALE.
    $1,000,0002024 Rockefeller Philanthropy Advisors, Inc.SUPPORT FOR OCEANS 5, WHICH IS DEDICATED TO PROTECTING THE WORLD'S OCEANS, WITH A FOCUS ON ESTABLISHING MARINE PROTECTED AREAS.
    $1,000,0002022 Rockefeller Philanthropy Advisors, Inc.SUPPORT FOR OCEANS 5, WHICH IS DEDICATED TO PROTECTING THE WORLDS OCEANS, WITH A FOCUS ON ESTABLISHING MARINE PROTECTED AREAS.
    $1,000,0002022 Rockefeller Philanthropy Advisors, Inc.SUPPORT FOR OCEANS 5, WHICH IS DEDICATED TO PROTECTING THE WORLDS OCEANS, WITH A FOCUS ON ESTABLISHING MARINE PROTECTED AREAS.
    $1,000,0002021 Conservation International FoundationSUPPORT FOR THE BLUE NATURE ALLIANCE, AN UNPRECEDENTED EFFORT TO DOUBLE THE WORLD'S MARINE PROTECTED AREAS BY 2025.
    $1,000,0002021 Rockefeller Philanthropy Advisors, Inc.SUPPORT FOR OCEANS 5, WHICH IS DEDICATED TO PROTECTING THE WORLDS OCEANS, WITH A FOCUS ON ESTABLISHING MARINE PROTECTED AREAS.
    $750,0002020 United Nations Foundation, Inc.SUPPORT FOR THE COVID-19 SOLIDARITY RESPONSE FUND FOR THE WORLD HEALTH ORGANIZATION.
    $565,0002022 Wildlife & Conservation Foundation IncSUPPORT FOR REEFS FOR THE FUTURE, WHICH WORKS TO PROTECT THE MOST RESILIENT REEFS IN THE WORLD.
    $550,0002022 EarthworksSUPPORT TO CONTINUE TO ADVANCE RESPONSIBLE MINING WITH A FOCUS ON DEVELOPING BEST PRACTICES AND STANDARDS IN MINE SITE TAILING MANAGEMENT.
    $500,0002022 Wildlife & Conservation Foundation IncSUPPORT FOR REEFS FOR THE FUTURE, WHICH WORKS TO PROTECT THE MOST RESILIENT REEFS IN THE WORLD.
    $500,0002021 Wildlife Conservation SocietySUPPORT FOR REEFS FOR THE FUTURE, WHICH WORKS TO PROTECT THE MOST RESILIENT REEFS IN THE WORLD.
    $500,0002020 Conservation International FoundationSUPPORT FOR AN INTERACTIVE, UNDERWATER VIRTUAL REALITY EXPERIENCE, AS A COMPANION TO VALEN'S REEF, TO INCREASE AWARENESS ABOUT THE OCEANS.
    $500,0002020 Rockefeller Philanthropy Advisors, Inc.SUPPORT FOR OCEANS 5, WHICH IS DEDICATED TO PROTECTING THE WORLD'S OCEANS, WITH A FOCUS ON ESTABLISHING MARINE PROTECTED AREAS.
    $355,0002022 Resolve IncSUPPORT TO SCALE THE PEACE DIAMONDS+ RESTORATION INITIATIVE IN SIERRA LEONE TO ADVANCE RESPONSIBLE ARTISANAL DIAMOND MINING PRACTICES.
    $350,0002022 National Geographic SocietySUPPORT FOR ITS PARTNERSHIP WITH OCEANX TO CREATE A DIGITAL STORYTELLING SERIES TO RAISE AWARENESS FOR CORAL REEFS.
    $300,0002024 Conservation International FoundationSUPPORT CONSERVATION INITIATIVES ACROSS THE HIGH SEAS, MEXICO, PERU, COSTA RICA, THE GALAPAGOS ISLANDS, JAPAN, AND NIUE, CATALYZING LARGE-SCALE OCEAN PROTECTION, COMMUNITY ENGAGEMENT AND SUSTAINABLE FINANCING MECHANISMS.
    $300,0002024 Wildlife Conservation SocietySUPPORT TO CREATE, EXPAND AND SCALE THE MANAGEMENT OF MARINE PROTECTED AREAS IN KENYA, THE PHILIPPINES, SOLOMON ISLANDS, AND BELIZE.
    $250,0002022 Hawai‘i Community FoundationSUPPORT FOR THE ESTABLISHMENT OF PROTECTED AREAS TO SAFEGUARD CORAL REEFS AND SUPPORT COMMUNITIES THROUGH THE HAWAII MARINE 30X30 INITIATIVE.
    $250,0002021 Hawai‘i Community FoundationSUPPORT FOR THE ESTABLISHMENT OF PROTECTED AREAS TO SAFEGUARD CORAL REEFS AND SUPPORT COMMUNITIES THROUGH THE HAWAII MARINE 30X30 INITIATIVE.
    $250,0002020 City Parks FoundationSUPPORT FOR NEW YORK GREEN RELIEF AND RECOVERY FUND, TO SUPPORT EQUITABLE ACCESS TO NEW YORK CITY PARKS AND GREEN SPACES DURING AND IN THE AFTERMATH OF COVID-19.
    $250,0002020 Community Funds IncSUPPORT FOR THE NEW YORK COMMUNITY TRUST'S NYC COVID-19 RESPONSE & IMPACT FUND.
    $250,0002020 Direct ReliefSUPPORT FOR PROVIDING PERSONAL PROTECTIVE EQUIPMENT TO 24 COUNTRIES ACROSS AFRICA TO PROTECT COMMUNITY HEALTH WORKERS IN THEIR EFFORTS TO STOP THE SPREAD OF COVID-19.
    $250,0002020 Hawai‘i Community FoundationSUPPORT FOR THE ESTABLISHMENT OF PROTECTED AREAS TO SAFEGUARD CORAL REEFS AND SUPPORT COMMUNITIES THROUGH THE HAWAII MARINE 30X30 INITIATIVE.
    $250,0002020 National Urban League, Inc.SUPPORT THE NATIONAL URBAN LEAGUE'S URBAN APPRENTICESHIP JOBS PROGRAM TO ADDRESS RACIAL WORKFORCE DISPARITIES AND MITIGATE THE IMPACTS OF COVID-19 IN AMERICAN ECONOMIC LIFE.
    $200,0002024 Wildlife Conservation SocietySUPPORT THE DESIGNATION OF THE HUDSON CANYON AS A NATIONAL MARINE SANCTUARY, THE FIRST MARINE PROTECTED AREA IN THE NEW YORK METROPOLITAN AREA, AND SUPPORT FOR THE GLOBAL 30X30 ACCELERATOR IN INDIA, TANZANIA AND ARGENTINA.

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    Financials, employee compensation, and grant information provided by Candid.

    Mentioned in this Article

    References

    1. The Tiffany & Co. Foundation | About the Foundation. Accessed July 25, 2017. http://www.tiffanyandcofoundation.org/about/.
    2. Pardon Our Interruption. Accessed July 25, 2017. https://www.guidestar.org/profile/13-4096178.
    3. The Tiffany & Co. Foundation | Grants | 2016. Accessed July 25, 2017. http://www.tiffanyandcofoundation.org/grants/.
    4. The Tiffany & Co. Foundation | About the Foundation | Anisa Kamadoli Costa, Chairman and President. Accessed July 25, 2017. http://www.tiffanyandcofoundation.org/about/bio_akcosta.aspx.
    5. The Tiffany & Co. Foundation | About the Foundation | Leigh M. Harlan, Director. Accessed July 25, 2017. http://www.tiffanyandcofoundation.org/about/bio_lharlan.aspx.
    6. The Tiffany & Co. Foundation | About the Foundation | Michael J. Kowalski, Director. Accessed July 25, 2017. http://www.tiffanyandcofoundation.org/about/bio_mjkowalski.aspx.
    7. The CEO Magazine. “Tiffany & Co. Pledges US$1 Million towards Fight against Coronavirus.” The CEO Magazine. The CEO Magazine Our talented editorial team brings a wealth of experience to the inspiring stories you read in The CEO Magazine., April 28, 2020. https://www.theceomagazine.com/business/philanthropy/tiffany-co-foundation-covid/.