Coach Foundation Announces Bold $20M Investment, Doubling Down on Its Commitment to Empower the Next Generation

NEW YORK, June 16, 2025/3BL/ - The Coach Foundation announces a transformative $20M investment to advance opportunities for under-resourced young people who have the courage to make their dreams a reality – nearly doubling its commitment to the North American Dream It Real program by 2030 through multi-year grants to key partners and additional support. This bold expansion marks a new chapter for the Foundation's flagship scholarship initiative, now in its seventh year, accelerating the Coach Foundation's ambitious goal of awarding 10,000 scholarships by 2030 and putting the Foundation on track to meet that target early.

The Dream It Real program is the Coach Foundation's signature initiative, rooted in the Foundation's mission of creating opportunities and removing barriers for the next generation through collegiate scholarship, mentorship and other resources. The increased commitment comes as the Foundation celebrates remarkable outcomes from its Dream It Real scholars: 97% of students are on track to graduate college on time*—a stark contrast to the 21% national average for students from similar backgrounds. Additionally, 94% of Dream It Real scholars are first-generation college students who graduate with 88% less debt than the national average.

Through strategic partnerships with leading education organizations Bottom Line and The Opportunity Network, the Coach Foundation continues to dismantle barriers to higher education and drive lasting change for young people as they follow their dreams. To date, the Foundation has provided over 7,000 scholarships to young people around the world.

"This investment represents our unwavering commitment to the young people we support," said Todd Kahn, Coach CEO and Brand President. "With an expanded investment in North American programs, we're accelerating our impact and scaling what we know works. These young people are achieving remarkable outcomes and we're committed to helping even more of the next generation realize their potential and shape the future. Our new 2030 goals will ensure we can reach even more students who deserve access to pursue their dreams."

The $20M announcement was made during the Coach Foundation's signature annual Dream Day convening on Thursday, June 12. This year's Dream Day was particularly special as it celebrated a unique milestone—recognizing the first official cohort of graduating Dream It Real scholars while simultaneously welcoming the program's largest and newest cohort of students.

With over 400 young people in attendance and inspiring conversation from WNBA players Kiki Iriafen (Washington Mystics) and Aneesah Morrow (Connecticut Sun), the event embodied this year's theme, Dream Horizons—a powerful turning point where one chapter ends and another begins. The day served as a collective moment to ignite inspiration and look boldly toward the future, with activities including speed mentoring, manifestation stations and interactive workshops.

With this new commitment, the Coach Foundation will continue to advance its mission of helping young people reach their highest potential—driven by the belief that all young people should have access to pursue their dreams. For more information about The Coach Foundation, please visit coach.com/coachfoundation.

About Coach Foundation
Established in 2008, to help create a better future for all, the Coach Foundation has donated over $70 million to hundreds of worthy causes across the globe. Dream It Real is the Coach Foundation's signature initiative focused on supporting historically under-resourced young people as they pursue their dreams. Through the Dream It Real program, the Coach Foundation partners with nonprofit organizations globally to fund scholarships and provide pivotal resources for young people inclusive of mentorship opportunities, career workshops, college and career advising, and more. For more information, please visit https://www.coach.com/coachfoundation.

About Tapestry, Inc.
Tapestry, Inc. is a New York -based house of modern luxury lifestyle brands. The Company's portfolio includes Coach, Kate Spade and Stuart Weitzman. Our Company and our brands are founded upon a creative and consumer-led view of luxury that stands for inclusivity and approachability. Each of our brands are unique and independent, while sharing a commitment to innovation and authenticity defined by distinctive products and differentiated customer experiences across channels and geographies. To learn more about Tapestry, please visit www.tapestry.com. The Company's common stock is traded on the New York Stock Exchange under the symbol TPR.

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