Ross Stores Partners With YMA Fashion Scholarship Fund, Announces Multi-Year Endowment

NEW YORK, May 13 /PRNewswire/ -- The YMA Fashion Scholarship Fund (FSF) is proud to announce its new partnership with Ross Stores, Inc. ("Ross"), the nation's second largest off-price retailer. California-based Ross will provide the FSF with a multi-year endowment totaling $100,000.

In addition, FSF and Ross will award a $5,000 scholarship annually to each of four students who demonstrate excellence in retail leadership.  These award recipients will also be offered a summer internship with Ross. This year's winners from the FSF Class of 2010 include: Alexandra Silvestri from Lehigh University, Chelsea Volpe from Iowa University, Marissa Zappia from Indiana University, and Marlena Filipowska from the Wharton School of the University of Pennsylvania.

Jennifer Vecchio, newly-appointed FSF Board Member and Executive Vice President, Merchandising for Ross said, "We believe this is an ideal opportunity to create a strategic relationship with an organization that is committed to developing and supporting the next generation of fashion industry leaders.  This partnership also benefits Ross by enabling us to identify and cultivate new talent to support our long-term growth."  

FSF President Ken Wyse added, "We are both thrilled and extremely grateful for the generosity of Ross Stores to our organization. We are delighted that the goals of Ross are consistent with our overall mission to promote education of both the merchandising and business aspects of the fashion industry."

The YMA Fashion Scholarship Fund (FSF) is a national non-profit association consisting of influential members of the fashion community dedicated to promoting education of the fashion arts and business by granting scholarships to talented students and facilitating internships, mentorships, and career programs. For more information on the YMA Fashion Scholarship Fund, visit http://fashionscholarshipfund.org.

Ross Stores, Inc., an S&P 500, Fortune 500 and Nasdaq 100 (ROST) company headquartered in Pleasanton, California, is the nation's second largest off-price retailer with more than 1,000 locations and fiscal 2009 revenues of $7.2 billion. For more information on Ross Stores visit http://www.rossstores.com.

SOURCE The YMA Fashion Scholarship Fund

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