The FIT Foundation serves as an advisory and fundraising body to FIT. The special relationship between the college and foundation creates valuable opportunities to share knowledge and experience. Board members, who include today's leaders and innovators, serve on panels and appear as special lecturers, enabling students to meet outstanding representatives from the fields of industrial production, labor, design, merchandising, and the arts.
The FIT Foundation is the organization charged with receiving gifts for FIT. The FIT Foundation is designated a tax-exempt institution under the Federal Internal Revenue Service Code Section 501(c)(3).