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Fashion Scholarship Fund

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 208513748 ✦ New york, NY ✦ Designated as a 501(c)(3)

Overview

What is Fashion Scholarship Fund?

The Fashion Scholarship Fund is a leading nonprofit organization based in New York City, specifically at 1501 Broadway 2001, with a mission to identify and create career opportunities for talented young people in the fashion industry worldwide. They are the largest scholarship grantor and provider in the fashion community, awarding substantial financial support accompanied by an extensive curriculum of industry-leading programs. These programs offer scholars hands-on experience with renowned fashion companies and influential industry leaders. The Fashion Scholarship Fund promotes education in the fashion arts and business by providing scholarships, internships, mentorships, and career programs, ensuring the fashion industry continues to attract dedicated and capable individuals. The organization's workforce consists of 5 dedicated professionals.


Official website here: www.fashionscholarshipfund.org

Is Fashion Scholarship Fund legitimate?

Fashion Scholarship Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fashion Scholarship Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $481,886
Professional Fundraising Fees: $0
Other Salaries and Wages: $336,024

For more financial information, click here


Official website here: www.fashionscholarshipfund.org

What is the mission statement of Fashion Scholarship Fund?

The Fashion Scholarship Fund, a leading educational non-profit in the fashion industry, is dedicated to promoting the education of fashion arts and business by granting scholarships to talented students and facilitating internships, mentorships, and career programs. By encouraging gifted and ambitious young people to pursue careers in design, merchandising, retailing, and business, the organization ensures the fashion industry continues to attract dedicated and capable individuals. The Fashion Scholarship Fund is the largest scholarship provider in the fashion community, granting a significant amount of financial support and offering comprehensive, industry-leading programs for scholars, providing hands-on experience with top fashion companies and influential leaders.


Official website here: www.fashionscholarshipfund.org

Who is the CEO of Fashion Scholarship Fund?

Marc Mastronardi is the Principal Officer of Fashion Scholarship Fund.


Official website here: www.fashionscholarshipfund.org

What is the revenue of Fashion Scholarship Fund?

Fashion Scholarship Fund's revenue in 2022 was $21,006,937.


Official website here: www.fashionscholarshipfund.org

Who are the executives of Fashion Scholarship Fund and what are their salaries?

The average compensation at Fashion Scholarship Fund during 2022 was $163,582. There are 5 employees and 46 volunteers at Fashion Scholarship Fund.

Here are 47 key members and their salaries:

    Peter Arnold (Executive Director, Secretary)
  • Compensation: $372,462
  • Related: $0
  • Other: $31,047

    • Marie Colletta (Director Of Ed Programs)
  • Compensation: $130,215
  • Related: $0
  • Other: $0

    • William Susman (Chairman Thru Sept 2021) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marc Mastronardi Chairman (President Thru Sept 2021) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jennifer Vecchio President (Vice President Thru Sept 2021) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Tighe Vice President (Director Thru Sept 2021)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Rosengard Treasurer (Director Thru Sept 2021)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peter Sachse Director (Treasurer Thru Sept 2021) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Virgil Abloh (Director Thru Dec 2021)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Alic (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Allison (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Annunziata (Director Thru Sept 2021)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sam Archibald (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Keith Baptista (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Glen Ellen Brown (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carolyn D'Angelo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • June Defabio (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Abbey Doneger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nata Dvir (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Howard Feller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Fralix (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kiera Ganann (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Heath Golden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Georgie Greville (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alex Grinberg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Celeste Gudas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stacie Henderson-Capece (Minutolo Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Katz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mitchell Konsker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Matt Laukaitis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jessica Lomax (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Debra Malbin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeff Manby (Director Thru Sept 2021)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karen Murray (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kenneth Nolan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dan Orwig (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kristin Rehberg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Heather Roussel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Setola (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Yehuda Shmidman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stanley Silverstein (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Sirkin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Amanda Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chip Thompson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lana Todorovich (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Electa Varnish (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kenneth Wyse (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.fashionscholarshipfund.org

    Where can I find the form 990 for Fashion Scholarship Fund?

    The Fashion Scholarship Fund’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.fashionscholarshipfund.org

    Learn more at the official website: www.fashionscholarshipfund.org

    Mission Statement of Fashion Scholarship Fund

    The Fashion Scholarship Fund, a renowned educational non-profit in the United States, is dedicated to advancing the fashion industry by nurturing talented and ambitious young people. By granting scholarships and facilitating internships, mentorships, and career programs, the organization ensures the fashion industry continues to attract capable and dedicated individuals.

    As the premier fashion non-profit in the country, the Fashion Scholarship Fund sets out to identify and create career opportunities for young people worldwide. Through its extensive scholarship program, the organization grants the largest sum of money and the highest number of scholarships in the entire fashion community, supplementing financial support with an industry-leading curriculum designed to provide hands-on experience with the world's top fashion companies and influential leaders.

    The Fashion Scholarship Fund's mission goes beyond providing financial assistance. With a commitment to fostering the next generation of fashion professionals, the organization offers a rich tapestry of comprehensive programs tailored to students in design, merchandising, retailing, and business. These programs equip scholars with the essential skills and knowledge needed to excel in their chosen careers, positioning them as valuable assets to the fashion industry.

    Impact

    This information is meant to be a general summary of Fashion Scholarship Fund. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Fashion Scholarship Fund has a significant impact on the fashion industry by promoting education in the fashion arts and business. It grants scholarships to talented students and provides opportunities for internships, mentorships, and career programs. As the premier educational fashion organization in the United States, the Fashion Scholarship Fund plays a key role in identifying and creating career opportunities for young people worldwide. By offering the single largest sum of money and total number of scholarships in the fashion community, the organization not only provides financial support but also enriches scholars with comprehensive, industry-leading programs. Through hands-on experience with the world's top fashion companies and influential leaders, the Fashion Scholarship Fund helps cultivate the next generation of skilled professionals who will contribute to the continued development and innovation of the fashion industry.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $173,885
  • Program Service Revenue: $0
  • Gross Receipts: $25,580,851

    • Assets and Liabilities:
  • Total Assets: $25,057,087
  • Total Liabilities: $531,183
  • Net Assets: $24,525,904
  • Organization Details

    Founding Year

    2006

    Principal Officer

    Marc Mastronardi

    Main Address

    1501 BROADWAY 2001, NEW YORK, NY, 10036

    NTEE Category

    Code: B82 - Education

    If you are a representative of Fashion Scholarship Fund and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.