Fashion Scholarship Fund

New York, NY · Founded 2006

Awarding scholarships and career development opportunities for fashion industry students

Primary audience
Business community
Work area
Community services
Topic
Community development
Contact
Marie Colletta
Website Contact

About Organization

Advances the fashion industry by encouraging talented students to pursue careers in design, merchandising, retailing, and business through scholarships and professional development. Based in New York, NY, the fund awards over $1.9 million annually in scholarships and provides internships, mentorship, and career programs. Operating with $3.4 million in annual revenue and 8 employees.

What They Focus On

Mission Delivery

Implementing core programs that directly advance organizational purpose.

Capacity Building

Strengthening infrastructure through strategic planning and resource development.

Community Impact

Creating measurable outcomes that benefit populations served.

Financial Information

Form 990 data showing organizational financial health and growth.

Revenue (2023)

$3.4M

-84% vs 2021

Expenses (2023)

$4.0M

+41.1% vs 2021

Assets (2023)

$26.2M

+4.4% vs 2021

Employees (2023)

8

+60% vs 2021

Year Revenue Expenses Assets Employees
2023 $3,364,215 $4,020,441 $26,155,903 8
2021 $21,006,937 $2,849,873 $25,057,087 5
2020 $2,500,994 $2,229,074 $7,380,835 7
2018 $2,992,578 $2,491,463 $7,094,788 7
2017 $1,665,198 $2,440,458 $6,440,613 8

Source: IRS Form 990 filings. All figures in USD.

How They Work

Learn more
  • 01

    Identify Needs

    Assess community priorities through stakeholder engagement and analysis.

  • 02

    Plan Initiatives

    Design strategic programs and allocate resources to address needs.

  • 03

    Execute Programs

    Implement services through trained staff while maintaining quality standards.

  • 04

    Evaluate Results

    Measure outcomes and gather feedback to assess impact and improve.

Programs and Initiatives

Services and programs offered by Fashion Scholarship Fund

Scholarships

Grant-funded initiative supporting organizational mission and community needs.

This Grant Is Designated For

Grant-funded initiative supporting organizational mission and community needs.

General Support

Grant-funded initiative supporting organizational mission and community needs.

For Grant Recipient's Exempt Purposes

Grant-funded initiative supporting organizational mission and community needs.

Team & Leadership

Meet the people behind Fashion Scholarship Fund.

MC

Marie Colletta

Director Of Ed Programs
Full-time
Compensation: $137,459
DS

David Sirkin

Director Thru Jul 2024
2 hrs/week
JT

John Tighe

President
2 hrs/week
KB

Keith Baptista

Director Thru Jul 2024
2 hrs/week
SH

Stacie Henderson-Capece

Minutolo Director
2 hrs/week
YS

Yehuda Shmidman

Vice President
2 hrs/week
MM

Marc Mastronardi

Chairman
2 hrs/week

Milestones

2006

Organization Founded

2006

Fashion Scholarship Fund was established to address community needs and advance its mission.

2014

Leadership Development

2014

Strengthened governance with expanded board and executive team.

2020

Program Expansion

2020

Significant growth in organizational capacity and service delivery.

2023

Community Impact

2023

Demonstrated effectiveness through measurable program outcomes.

Associated People

Board members, advisors, and key contributors

Board of Directors

PA
Peter Arnold Executive Director, Secretary 40.00 hrs/week · $461,413
AG
Alex Grinberg Director 2.00 hrs/week
AS
Amanda Smith Director 2.00 hrs/week
CD
Carolyn D'angelo Director 2.00 hrs/week
CG
Celeste Gudas Director 2.00 hrs/week
CT
Chip Thompson Director 2.00 hrs/week
DO
Dan Orwig Director 2.00 hrs/week
DK
David Katz Director 2.00 hrs/week
ER
Emilie Rubinfeld Director 2.00 hrs/week
GS
Gena Smith Director 2.00 hrs/week
HG
Heath Golden Treasurer 2.00 hrs/week
HR
Heather Roussel Director 2.00 hrs/week
HF
Howard Feller Director 2.00 hrs/week
JV
Jennifer Vecchio Director 2.00 hrs/week
JL
Jessica Lomax Director 2.00 hrs/week
KN
Kenneth Nolan Director 2.00 hrs/week
KG
Kiera Ganann Director 2.00 hrs/week
KR
Kristin Rehberg Director 2.00 hrs/week
LT
Lana Todorovich Director 2.00 hrs/week
ML
Matt Laukaitis Director 2.00 hrs/week
MM
Mecca Mitchell Director 2.00 hrs/week
MS
Michael Setola Director 2.00 hrs/week
MW
Michelle Wlazlo Director 2.00 hrs/week
MA
Mike Alic Director 2.00 hrs/week
MF
Mike Fralix Director 2.00 hrs/week
ND
Nata Dvir Director 2.00 hrs/week
PR
Paul Rosengard Director 2.00 hrs/week
SA
Sam Archibald Director 2.00 hrs/week
SS
Stanley Silverstein Director 2.00 hrs/week
VA
Virgil Abloh† Off-White
MA
Michael Allison† Burlington Stores, Inc.EVP/Chief Human Resources Officer
DB
David Bassuk Alix
KC
Kristy Castelluccio Levi Strauss & Co.Vice President of Wholesale, Sales Ops & Strategy
SH
Stacie Henderson* TOD'S Group
BK
Brittany Katz Christian Dior Couture
HK
Hildy Kuryk Artemis Strategies
MM
Marc Mastronardi* Equinox
YS
Yehuda Shmidman* WHP Global
MS
Maureen Storch American Apparel & Footwear Association
JT
John Tighe* Tailored Brands
MW
Meghan Willis Under Armour
MW
Marrisa Wilson New York
MW
Melissa Worth Abercrombie and Fitch Co.EVP, MD Americas
KB
Keith Baptista PRODJECTManaging Partner
GE
Glen Ellen Brown Ember Advisory
JD
June Defabio Abercrombie & Fitch
AD
Abbey Doneger DONEGER | TOBEPresident and CEO
DM
Debra Malbin Associates
KM
Karen Murray Fivestory
PS
Peter Sachse Tailored Brands
WS
William Susman Cascadia Capital, LLCManaging Director
EV
Electa Varnish Industry Consultant
KW
Kenneth Wyse Wyse Consulting, LLCPresident

Information compiled from IRS Form 990 and organizational materials.

Executive Compensation

Top compensated officers & key employees from IRS Form 990

Total Reported (2023)

$659K

Highest Paid

$496K

Peter Arnold

Compensated Officers

2

Name Title Base Other Total Hrs/Wk
Peter Arnold Executive Director, Secretary $461,413 $34,196 $495,609 40
Marie Colletta Director Of Ed Programs $137,459 $25,616 $163,075 40

Source: IRS Form 990 filings. Compensation includes base and other reported compensation.

Partners & Funders

Grant funding relationships from IRS Form 990 filings

$270K Grants Received
6 Organizations

Top Funders

6 total
CF
Communities Foundation Of Texas Inc.
$125K
AO
American Online Giving Foundation Inc.
$80K
TA
The Ayco Charitable Foundation
$23K
PC
PAYPAL Charitable Giving Fund
$21K
AA
American Apparel & Footwear Association
$13K
FI
Fidelity Investments Charitable Gift Fund
$9K
Communities Foundation Of Texas Inc. American Online Giving Foundation Inc. The Ayco Charitable Foundation PAYPAL Charitable Giving Fund American Apparel & Footwear Association Fidelity Investments Charitable Gift Fund
Communities Foundation Of Texas Inc. American Online Giving Foundation Inc. The Ayco Charitable Foundation PAYPAL Charitable Giving Fund American Apparel & Footwear Association Fidelity Investments Charitable Gift Fund

Source: IRS Form 990 Schedule I filings. Amounts may span multiple tax years.

Contact

Get in touch with Fashion Scholarship Fund

Email

[email protected]

Phone

(212) 278-0008

Social

Visit Website
224 W 35th Street 500 New York, NY 10001