2026-06-15T09:55:09-05:00 2025-07-31 331374517 PKF O'CONNOR DAVIES ADVISORY LLC 245 PARK AVENUE 12TH FLOOR NEW YORK NY 10167 990 2024-08-01 208513748 FASHION SCHOLARSHIP FUND FASH 2122780008 224 W 35TH STREET 500 NEW YORK NY 10001 PETER ARNOLD EXECUTIVE DIRECTOR 2122780008 2026-06-15 1 1 EVA MRUK P00543254 2122862600 2026-06-15 2024 2025-03-06 01:10:19Z JOHN TIGHE 224 W 35TH STREET 500 NEW YORK NY 10001 41211060 0 X WWW.FASHIONSCHOLARSHIPFUND.ORG X 2006 NY TO PROMOTE EDUCATION OF THE FASHION ARTS AND BUSINESS BY GRANTING SCHOLARSHIPS TO TALENTED STUDENTS AND FACILITATING INTERNSHIPS, MENTORSHIPS, AND CAREER PROGRAMS. 38 37 9 150 0 0 3571795 4234050 0 0 581241 1397744 -788821 -830593 3364215 4801201 1629577 1978332 0 0 1110606 1749226 71150 18256 640174 1209108 1647814 4020441 5393628 -656226 -592427 26155903 25915524 749527 719407 25406376 25196117 TO ADVANCE THE FASHION INDUSTRY BY ENCOURAGING GIFTED AND ENTERPRISING YOUNG PEOPLE TO PURSUE CAREERS IN DESIGN, MERCHANDISING, RETAILING AND BUSINESS, ENSURING THE INDUSTRY WILL CONTINUE TO ATTRACT DEDICATED AND CAPABLE INDIVIDUALS. 0 0 4239137 1978332 0 AS THE PREMIER EDUCATIONAL FASHION NON-PROFIT IN THE UNITED STATES, THE FASHION SCHOLARSHIP FUND SEEKS TO IDENTIFY AND CREATE CAREER OPPORTUNITIES FOR YOUNG PEOPLE WORLDWIDE. THE ORGANIZATION GRANTS THE SINGLE LARGEST SUM OF MONEY AND TOTAL NUMBER OF SCHOLARSHIPS IN THE ENTIRE FASHION COMMUNITY, SUPPLEMENTING FINANCIAL SUPPORT WITH A RICH CURRICULUM OF COMPREHENSIVE, INDUSTRY-LEADING PROGRAMS FOR SCHOLARS, OFFERING HANDS-ON EXPERIENCE WITH THE WORLD'S TOP FASHION COMPANIES AND MOST INFLUENTIAL LEADERS. 4239137 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 1 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 28 0 9 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 38 37 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 NY X X PETER ARNOLD 2122780008 224 W 35TH STREET 500 NEW YORK NY 10001 PETER ARNOLD EXECUTIVE DIRECTOR, SECRETARY 40.00 X X 547415 0 34574 JOHN TIGHE CHAIRMAN 2.00 X X 0 0 0 MARC MASTRONARDI DIRECTOR (CHAIRMAN THRU APR 2025) 2.00 X X 0 0 0 AMANDA SMITH PRESIDENT 2.00 X X 0 0 0 NATA DVIR VICE PRESIDENT 2.00 X X 0 0 0 YEHUDA SHMIDMAN TREASURER (VP THRU JUN 2025) 2.00 X X 0 0 0 HEATH GOLDEN DIRECTOR (TREASURER THRU JUN 2025) 2.00 X X 0 0 0 MIKE ALIC DIRECTOR 2.00 X 0 0 0 SAM ARCHIBALD DIRECTOR 2.00 X 0 0 0 DAVID BASSUK DIRECTOR 2.00 X 0 0 0 KRISTY CASTELLUCCIO DIRECTOR 2.00 X 0 0 0 CAROLYN D'ANGELO DIRECTOR 2.00 X 0 0 0 HOWARD FELLER DIRECTOR 2.00 X 0 0 0 MIKE FRALIX DIRECTOR 2.00 X 0 0 0 KIERA GANANN DIRECTOR 2.00 X 0 0 0 ALEX GRINBERG DIRECTOR 2.00 X 0 0 0 CELESTE GUDAS DIRECTOR 2.00 X 0 0 0 STACIE HENDERSON-CAPECE MINUTOLO DIRECTOR 2.00 X 0 0 0 BRITTANY KATZ DIRECTOR 2.00 X 0 0 0 DAVID KATZ DIRECTOR 2.00 X 0 0 0 HILDY KURYK DIRECTOR 2.00 X 0 0 0 MATT LAUKAITIS DIRECTOR 2.00 X 0 0 0 JESSICA LOMAX DIRECTOR 2.00 X 0 0 0 MECCA MITCHELL DIRECTOR 2.00 X 0 0 0 KENNETH NOLAN DIRECTOR 2.00 X 0 0 0 DAN ORWIG DIRECTOR 2.00 X 0 0 0 KRISTIN REHBERG DIRECTOR 2.00 X 0 0 0 PAUL ROSENGARD DIRECTOR 2.00 X 0 0 0 HEATHER ROUSSEL DIRECTOR THRU APR 2025 2.00 X 0 0 0 EMILIE RUBINFELD DIRECTOR 2.00 X 0 0 0 MICHAEL SETOLA DIRECTOR 2.00 X 0 0 0 STANLEY SILVERSTEIN DIRECTOR 2.00 X 0 0 0 GENA SMITH DIRECTOR 2.00 X 0 0 0 CHIP THOMPSON DIRECTOR 2.00 X 0 0 0 LANA TODOROVICH DIRECTOR 2.00 X 0 0 0 JENNIFER VECCHIO DIRECTOR 2.00 X 0 0 0 MARRISA WILSON DIRECTOR 2.00 X 0 0 0 MICHELLE WLAZLO DIRECTOR 2.00 X 0 0 0 MELISSA WORTH DIRECTOR 2.00 X 0 0 0 MARIE COLLETTA DIRECTOR OF ED PROGRAMS 40.00 X 151250 0 25740 ANYA KAPLAN DIRECTOR OF PARTNERSHIPS 40.00 X 115901 0 11136 ALYSSA ZINOLA DIRECTOR, EVENTS & SPECIAL PROJECTS 40.00 X 129244 0 0 943810 0 71450 4 0 1 0 LIBERTY LOVES COMPANY LLC 112 CONNETT PLACE SOUTH ORANGE NJ 07079 PUBLIC RELATIONS SERVICES 475449 STUDIO PRODUCTION 660 12TH AVENUE 5TH FLOOR NEW YORK NY 10019 GALA PRODUCTION SERVICES 131568 ALIGN SOCIAL IMPACT 276 5TH AVENUE SUITE 704 NEW YORK NY 10001 STRATEGIC PLAN CONSULTING 129295 KORN FERRY 1900 AVENUE OF THE STARS LOS ANGELES CA 90067 RECRUITMENT CONSULTING 117600 MARY GUILIANI CATERING 18 WEST 21ST STREET ROOM 202 NEW YORK NY 10010 GALA CATERING SERVICES 107290 5 2432000 1802050 4234050 973306 973306 35836883 35412445 424438 424438 424438 166821 2432000 997414 -830593 -830593 4801201 0 0 567151 X 1978332 1978332 756998 512449 131983 112566 770224 553512 56135 160577 121188 89536 8764 22888 100816 72314 10884 17618 12938 12938 125468 25093 75281 25094 18256 18256 102327 102327 596036 381401 75951 138684 272066 179489 92577 48935 9392 16078 23465 126198 106180 9569 10449 62330 62330 40428 21339 6363 12726 26637 26637 11666 3889 3888 3889 6926 1385 4156 1385 EDUCATOR FORUM 133737 133737 SCHOLAR MENTORING 49000 49000 PROF. DEVELOPMENT 25500 25500 ALUMNI PROGRAMS 7622 7622 5393628 4239137 514317 640174 181884 106606 97669 517022 97500 233091 19355 99519 34998 31109 15555 3889 19710916 9894683 6033024 15049514 0 11200 26155903 25915524 749527 619407 0 100000 749527 719407 X 25306376 25096117 100000 100000 25406376 25196117 26155903 25915524 -592427 382168 0 X 0 1 X 1 0 X 2236550 2991166 2997050 3571795 4234050 16030611 2236550 2991166 2997050 3571795 4234050 16030611 1276803 14753808 106170 164931 121691 422126 973306 1788224 427 427 17819262 0.82800 0.87660 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2020 AMOUNT: $ 427. SCHEDULE A, PART VI, LIST OF UNUSUAL GRANTS: DESCRIPTION: ACADEMIC SCHOLARSHIPS DATE: 07/31/22 AMOUNT: 18148888. DESCRIPTION: ACADEMIC SCHOLARSHIPS DATE: 07/31/23 AMOUNT: 390079. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5419002 346609 5765611 3521227 1897775 5419002 2632280 888947 3521227 3233115 -600835 2632280 2284781 948334 3233115 0.98266 0.01734 0.00000 0 0 34998 31109 3889 3889 MS ACCOUNT X7732 POST MODERN FID 12905392 F MS ACCOUNT X8163 PRIVATE CREDIT AND EQUITY FUNDS 2144122 F 15049514 X 5081042 382168 382168 4698874 102327 102327 4801201 5291301 0 5291301 102327 102327 5393628 PART V, LINE 4: THE ORGANIZATION'S ENDOWMENT CONSISTS OF A DONOR DESIGNATED FUND AND A BOARD DESIGNATED FUND THAT WERE ESTABLISHED TO PROVIDE A CONTINUOUS INCOME STREAM TO SUPPORT THE ORGANIZATION'S OPERATIONS. PART X, LINE 2: FSF RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. MANAGEMENT HAS DETERMINED THAT FSF HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. FSF IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR THE PERIODS PRIOR TO JULY 31, 2022. X X X X X X 1 MOIRA ARIEV 425 EAST 86TH ST NEW YORK NY 10028 DEVELOPMENT COMMUNICATIONS STRATEGY SUPPORT 0 0 18256 -18256 18256 -18256 NY GALA 2598821 2432000 166821 489488 144500 27000 336426 2598821 2432000 166821 489488 144500 27000 336426 997414 -830593 1 SCHOLARSHIPS AND TRAVEL REIMBURSEMENT 221 1978332 PART I, LINE 2: FULL-TIME STUDENTS ENROLLED AT ONE OF 74 MEMBER SCHOOLS LISTED ON THE FSF WEBSITE WHO ARE PURSUING CAREERS IN THE FASHION INDUSTRY ARE ELIGIBLE TO RECEIVE SCHOLARSHIPS. IN ADDITION, FULL-TIME, UNDERGRADUATE STUDENTS FROM SCHOOLS THAT ARE NOT FSF MEMBER SCHOOLS, BUT WHO OTHERWISE MEET THE FSF SCHOLARSHIP ELIGIBILITY REQUIREMENTS, MAY COMPETE FOR THE FSF AND VIRGIL ABLOH "POST-MODERN" SCHOLARSHIPS. THE SCHOLARSHIPS ARE REMITTED TO THE STUDENTS. A LETTER ACCOMPANIES THE AWARD ANNOUNCEMENT NOTIFYING THE STUDENT AND THE RESPECTIVE FACULTY MEMBER FROM THE STUDENT'S SCHOOL OF HOW THE MONEY IS TO BE USED. ACADEMIC PERFORMANCE OF SCHOLARSHIP RECIPIENTS IS MONITORED FOR ELIGIBILITY. APPLICATIONS ARE EVALUATED BY A PANEL OF INDUSTRY LEADERS. THE GRANT IS AWARDED TO THE RECIPIENT EQUITY-FREE. X X X 0 0 0 0 0 0 0 1 0 PETER ARNOLD EXECUTIVE DIRECTOR, SECRETARY 335415 0 212000 0 0 0 0 0 34574 0 581989 0 0 0 MARIE COLLETTA DIRECTOR OF ED PROGRAMS 151250 0 0 0 0 0 0 0 25740 0 176990 0 0 0 PART I, LINE 7 EXECUTIVE DIRECTOR, PETER ARNOLD RECEIVED A PERFORMANCE BASED BONUS WITHIN THE APPROVED BUDGET, AS REPORTED ON SCHEDULE J, PART II, COLUMN B(II) AND INCLUDED ON FORM 990, PART VII, COLUMN (D). FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM BASED ON DATA PROVIDED BY THE ORGANIZATION, AND IS REVIEWED BY THE ORGANIZATION'S TREASURER AND EXECUTIVE DIRECTOR. A COMPLETE COPY OF FORM 990 WAS ELECTRONICALLY PROVIDED TO THE FULL BOARD PRIOR TO THE FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY WHICH REQUIRES MEMBERS OF THE BOARD OF GOVERNORS, OFFICERS AND EMPLOYEES TO DISCLOSE ACTUAL OR POTENTIAL CONFLICTS OF INTEREST WITH THE GOVERNING BOARD. CONFLICTS ARE REVIEWED BY THE GOVERNANCE COMMITTEE OF THE BOARD AND THE PERSON WITH THE CONFLICT IS NOT PERMITTED TO BE PRESENT OR PARTICIPATE IN THE DELIBERATIONS OR VOTING. ON AN ANNUAL BASIS, EACH GOVERNOR IS REQUIRED TO SIGN A CONFLICT OF INTEREST STATEMENT, DISCLOSING ANY POTENTIAL CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15 LINE 15A: THE COMPENSATION OF THE EXECUTIVE DIRECTOR IS DETERMINED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS AFTER A THOROUGH REVIEW PROCESS AGAINST MEASURABLE GOALS. THE COMMITTEE UTILIZES COMPENSATION DATA FROM SIMILARLY SITUATED NON-PROFIT ORGANIZATIONS TO DETERMINE COMPENSATION. THE MEETINGS OF THE EXECUTIVE COMMITTEE OF THE BOARD ARE CONTEMPORANEOUSLY DOCUMENTED. THIS PROCESS WAS LAST COMPLETED IN 2024. LINE 15B: THE COMPENSATION OF THE KEY EMPLOYEES IS DETERMINED AND APPROVED BY THE EXECUTIVE DIRECTOR AFTER A THOROUGH REVIEW PROCESS AGAINST MEASURABLE GOALS. THE EXECUTIVE DIRECTOR DISCUSSES SALARY CHANGES, INCLUDING BONUSES, WITH THE BOARD CHAIRMAN. COMPENSATION DATA FROM SIMILARLY SITUATED NON-PROFIT ORGANIZATIONS ARE USED TO DETERMINE COMPENSATION AND THIS PROCESS WAS LAST COMPLETED IN 2024. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 990, GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST. THE FORM 990 IS ALSO AVAILABLE ON GUIDESTAR.ORG AND SIMILAR TYPES OF WEBSITES. FORM 990, PART IX, LINE 11G CASE STUDY WRITER: PROGRAM SERVICE EXPENSES 30,440. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 30,440. ADMINISTRATIVE SUPPORT: PROGRAM SERVICE EXPENSES 264. MANAGEMENT AND GENERAL EXPENSES 1,768. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,032. DEVELOPMENT CONSULTING: PROGRAM SERVICE EXPENSES 74,091. MANAGEMENT AND GENERAL EXPENSES 750. FUNDRAISING EXPENSES 27,009. TOTAL EXPENSES 101,850. STRATEGIC PLAN CONSULTANTS AND CONTRACTORS: PROGRAM SERVICE EXPENSES 266,701. MANAGEMENT AND GENERAL EXPENSES 71,468. FUNDRAISING EXPENSES 108,369. TOTAL EXPENSES 446,538. PAYROLL FEES: PROGRAM SERVICE EXPENSES 9,905. MANAGEMENT AND GENERAL EXPENSES 1,965. FUNDRAISING EXPENSES 3,306. TOTAL EXPENSES 15,176. AAFA EDUCATION FOUNDATION 224 W 35TH STREET SUITE 500 NEW YORK NY 10001 237005563 SCHOLARSHIPS. STUDENT FINANCIAL AID SERVICES. PROVIDING EDUCATIONAL GRANTS NY 501(C)(3) LINE 12C, III-FI 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0