Laboratory Institute of Merchandising Fashion Education Foundation (LIM FEF)

The LIM Fashion Education Foundation was founded in 1977, in response to students’ financial needs. A 501(c) (3) non-profit organization, it is separate and distinct from LIM College. 95% of donations go towards scholarships and foundation-related activities.

Since 1979, the LIM Fashion Education Foundation (LIM FEF) has awarded more than $1 million in scholarships to deserving students to help bridge the gap between the cost of an education at LIM College and what they and their families can afford. In a time of increased student need, we are seeking to transform our fundraising to increase the number and size of scholarships and to provide more educational enhancements that directly benefit LIM students.

Mission: Our mission is to help students who have chosen to attend LIM College – primarily by raising scholarship money to help them attend and graduate from LIM College. Our primary purpose is to raise and administer funds for scholarships and educational enhancements that benefit LIM College students. 

Funds: LIM FEF’s funds have been raised through support from individuals, alumni, corporations, and special events. They now stand at just over $1 million and LIM FEF has worked hard to invest them wisely. To ensure longevity, total annual scholarship awards are capped at a payout rate of 5% of the average asset value of the funds over the past three years.

Leadership: LIM FEF is managed by a volunteer Board of Directors, which brings quality and diversity to the scholarship program.