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TDF officials say their source of funding comes from the private sector, since the interest money they receive on the FCC auction deposits are paid to the fund by a bank.
TDF incorporated in 1997 in the District of Columbia as a non-profit, tax exempt organization under Section 501 C (4) of the IRS code, which is supposed to cover entities with a "social welfare" purpose.
TDF's advisory board is made up entirely of executives from such large companies as Verizon, AOL Time Warner and Goldman Sachs.
TDF's two-fold mission is to identify and provide support, including financial assistance, to theatrical works of artistic merit and to encourage and enable diverse audiences to attend live theatre and dance in all their venues.
TDF's ticket programs including the TKTS™ Discount Theatre Centres in Times Square and at 2 World Trade Center, and TDF's mailing and voucher programs, touch the lives of millions of New Yorkers and tourists who might not otherwise be able to enjoy the unique experience of live performance.
TDF also presents highly regarded sign-interpreted and open-captioned performances for the deaf, sponsors comprehensive training courses for future producers, provides a 24-hour New York City arts hotline and maintains a 75,000 item Costume Collection.
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