2019 ANNUAL REPORT SUMMARY

A LETTER FROM TWO TEN LEADERSHIP

We are pleased to share with you the Two Ten Foundation Annual Report Summary for FY19, covering the time period of July 1, 2018 – June 30, 2019.

We provided nearly $1.9 million in financial relief to 1,551 footwear employees and their families in crisis, to help them avoid eviction or foreclosure, to keep the lights and heat in their homes, and to put food on their tables.

We awarded close to $1 million in scholarships to 300 footwear family scholars in 46 states, helping them afford the high cost of a college education.

We continued to grow our database and improve digital communications so we can effectively and efficiently reach more of the 334,000 members of our industry. We also spent a great deal of time connecting with and engaging employees across the country by personally presenting the Foundation and our mission to workers in distribution centers, retail stores and corporate offices. The combined impact of these efforts increased awareness of Two Ten and our opportunity to help more employees, which was reflected in a higher call volume to our Social Services team vs. FY18.

Results like these require smart and effective management of resources, and the generosity of our donors and partners.

We are a fortunate organization to have a committed and engaged Board of Directors who are all equally dedicated to our mission of improving the lives and careers of footwear employees across the U.S. Because of this group of dedicated champions, Two Ten can look forward to continuing our mission into our 80th year and beyond.

While we’ve made extraordinary strides this past year, we have much more to do. With your participation and generosity, we can continue to deliver on our mission and strengthen our industry.

Thank you for your support.

Greg Tunney Debbie Ferrée President, Hush Puppies Vice Chairman and Chief Merchandising Officer Wolverine Worldwide, Inc. DSW Designer Warehouse, Inc. Chair, Two Ten Board of Directors Vice Chair, Two Ten Board of Directors FY 2019 SOCIAL SERVICES IMPACTS SOCIAL SERVICES SNAPSHOT (7/1/18 - 6/30/19)

During fiscal year 2019(7/1/18 - 6/30/19), the Two Ten Footwear Foundation continued to take care of our footwear industry 1,551 RELIEF CASES workforce as we provided nearly $1.9 million in emergency financial assistance to 1,551 footwear families. Two Ten Social Services staff also helped1,173 footwear workers through our counseling services and 3,887 individuals were given referrals to local community resources. $1,894,925 RELIEF DOLLARS

908 EVICTIONS OR FORECLOSURES PREVENTED

Top Five 4 2 MI STATES AND TERRITORIES 571 5 FAMILIES RECEIVED WITH THE LARGEST NUMBER IN EMERGENCY UTILITY OF FOOTWEAR FAMILIES SUPPORT CA SERVED IN FY 2019 1

TN 3’887 3 REFERRALS TO LOCAL COMMUNITY RESOURCES FL

GENDER OF CALLERS

75% FEMALE

25% MALE SCHOLARSHIPS SNAPSHOT

Through the generosity of our donors, Two Ten was able to FY 2019 SCHOLARSHIP IMPACTS Awarded August 2018 for school year 2018/2019 provide nearly $1 million in scholarships to footwear employees and their families during FY19, helping make a college degree more affordable and professional education more accessible for 300 TOTAL SCHOLARS COMPRISED OF 300 scholars in total. 79 NEW SCHOLARS & 221 RENEWAL SCHOLARS Two Ten partners with National Shoe Travelers (NST), National shoe Retailers Association (NSRA) and United Shoe Retailers Association (USRA) to provide members and their families $999,500 with scholarships; partners with Footwear Plus to sponsor their TOTAL DOLLARS AWARDED Independent Retailer Scholarship Awards; and offers a Footwear Warriors Scholarship Fund specifically for veterans and their families working in the footwear industry. 22% OF SCHOLARS WERE PROFESSIONALS WORKING To further footwear design education, Two Ten partners with IN THE FOOTWEAR INDUSTRY Pensole Footwear Design Academy and ARSUTORIA to offer scholarships for industry professionals. 118 BRANDS IN 46 STATES STATEMENT OF FINANCIAL POSITION FINANCIAL INFORMATION FOR JUNE 30, 2019 FOR JUNE 30, 2019

ASSETS REVENUE AND SUPPORT Cash and Cash Equivalents $263,611 Annual Giving $1,271,888 Prepaid and Deferred Expenses 236,952 Net Revenue from Special Events 2,739,940 Contributions Receivable, Net 1,807,909 Interest and Dividends 1,387,253 Total Current Assets $2,308,472 Allocated Investment Income 844,261 Other 355 Fixed Assets $2,063,293 Total Revenue and Support $6,243,697 OTHER ASSETS EXPENSES Investments $35,569,367 Human Services $4,317,374 Contributions Receivable, Net 1,883,498 Membership and Education 305,591 Total Other Assets $37,452,865 Leadership Development/Public Awareness 521,683 Total Assets $41,824,630 Total Program $5,144,648

Management and Administration $1,054,644 LIABILITIES AND NET ASSETS Fundraising 912,774 Total Expenses $7,112,066 Accounts Payable, and Accrued Liabilities Accounts Payable, Trade $181,835 Change in Net Asset Before Other Changes (868,369) Other Liabilities and Deferred Income 627,931 Total Current Liabilities $809,766 Other Changes (416,203) Change in Net Assets (1,284,572) OTHER LIABILITIES Net Assets Beginning of Year $42,251,320 Annuities Payable $48,116 Net Assets End of Year $40,966,748 Total Liabilities $857,882

NET ASSETS Board Designated $ 830,184 Unrestricted Net Assets 709,763 Permanently Restricted 39,426,801 Total Net Assets $40,966,748

Total Liabilities and Net Assets $41,824,630

36% 15% ANNUAL GIVING 20% PROGRAM EXPENSES 72%

SPECIAL EVENTS 44% ADMINISTRATION 15% 20% 13% REVENUE SELF GENERATED REVENUE 36% SPENDING FUNDRAISING 13%

72% 44%

11 FY 2019 DONOR DIRECTORY FY 2019 DONOR DIRECTORY JULY 1, 2018-JUNE 30, 2019 JULY 1, 2018-JUNE 30, 2019

Thank you to all of our generous donors. We have worked hard to confirm the accuracy of this donor directory which includes gifts made during fiscal year 2019 (July 1, 2018 – June 30, 2019) and we apologize for any errors you may find. Please contact [email protected] with any questions.

MULTI-YEAR GIFTS* $50,000 - $99,999 SUSTAINING DONORS DIRECTOR’S SOCIETY

Thank you to the following donors who ALTRA Footwear have made long-term commitments Glenn and Midge Barrett to ensuring the Two Ten Footwear Martin Berman Foundation is able to fulfill our mission Camuto Group to help footwear employees when they need it most. Sam and Libby Edelman Foot Locker Foundation Caleres Footwear Unlimited Global Brand Group The Lunder Family Foundation Berkshire Hathaway Shoe Holdings Mason Companies, Inc. The Lunder Family Foundation Foundation Marc Fisher Footwear .com Micro-Pak Ltd. Stella International Michael Mooney Nordstrom Weyco Group OrthoLite Wolverine Worldwide Rack Room Shoes & Off Broadway Shoe * All pledges are accounted for based on fiscal years Warehouse

Shoes.com $100,000 - $499,999 Stella International TRUSTEE’S SOCIETY Diane Sullivan

Titan Industries ALDO Group, Inc. BBC International Caleres $25,000 - $49,999 Dr. Bob Campbell ASICS America Corporation Michael Greenberg Ariat International New Balance Foundation Birkenstock USA Blowfish Malibu Steven Madden Burlington Coat Factory VF Corporation Louise Camuto Wolverine Worldwide Chinese Laundry Zappos White Mountain by Connors Consolidated Shoe Company Dunion Industrial Limited Deckers Brands Dynasty Group Designer Brands ECCO Earth, Inc. Eastland Shoe Company The Ellison Foundation Eastman Group Debbie Ferrée Eastmount Shoes Ever Rite International Ron and Cheri Fromm Farylrobin Chris Gallagher FN PLATFORM Robert Goldman Fortune Dynamic, Inc. Kenneth Cole Productions G-III Apparel Group, Ltd. Blake and Mary Krueger Ken and Lucy Hicks Lacoste Highline United LLC- Modern Shoe Michael Kors Susan Itzkowitz Nike The Jay Group Pentland USA Kurt Geiger R.G. Barry Corporation Kuru Footwear Rosenthal and Rosenthal Nancy LaPann Ross Stores Macy’s Shoe Carnival James Manges The TJX Companies Mason Companies, Inc. WEYCO Group Tracey McLeod Yellow Box Corporation Minnetonka Moccasin Robert Mullaney

$10,000 - $24,999 National Shoe Travelers Association O’Donovan Family Foundation Anonymous Joe Ouaknine North America Properwell Shoes Manufacturing, Ltd. Apex The Atlanta Shoe Market Gregg and Polly Ribatt Steven Bautista The Rockport Company Synclaire Brands Tom Romeo Bearpaw Edward Rosenfeld Brookfield Properties Saks Fifth Avenue Katie Butler & Dr. Chris Howes Kevin and Carol Donahue Giovanna Cipriano Daniel and Barbara Schwartz Clarks Americas Serena TIEM Elizabeth Cross United Legwear & Apparel Co. Deer Stags Vida Shoes International Dillard’s Downtown Locker Room FY 2019 DONOR DIRECTORY JULY 1, 2018-JUNE 30, 2019

$5,000 - $9,999

ADJMI Apparel Group J. Renee American Apparel & Footwear Howard & Lynn Jenkins Association Jones & Vining, Inc. Amster, Rothstein & Ebenstein LLP Journey’s Shoes Beijing Crespi Synthetic Leather Co., Ltd Kai Hong Shoes Co., Ltd Capelli New York Douglas Koch Carlos A. Castellon Kohl’s Dept. Store Century 21 Associates Foundation, Inc. Matthew LaFargue Chainson Footwear, Inc. Luen Thai USA Terry C. Chen Mark Tucker Inc. China Ease Enterprise Limited Matisse Footwear Cole Haan Holdings, Inc. McPeak Wealth Management Group of Concord Printing Co. Wells Fargo Advisors Consumer Exports Group, Inc. Modell’s Sporting Goods Coronet Synthetic Leather Joel Oblonsky Dada Enterprises Private Ltd. John O’Brien DaDa Footwear Okabashi Brands Inc Davis Wright Tremaine, LLP Pajar Canada Dechert LLP Pediluxe Footwear Chris DeMoulin Puibright Dorsey & Whitney LLP Right Rich Development Limited East Mount Shoes Ltd John W. Schmidt EisnerAmper LLP SEI Investments E-Teen Company, Ltd. Michael Shirey First Precise Trading Limited Super Team Footwear LLC Funds2Org Tata Leather Genatt V, LLC The Man Fai Group Gibson, Dunn & Crutcher LLP The NPD Group Inc Golden Chang Industrial Co., Ltd. Greg & Heidi Tunney Richard M. Graham Wha Nam Leather Ind. Co. LTD Greg Goldstein Importer of FS Inc. Tarek Hassan High Vista Strategies LLC Christopher Howes Hua Jian Industrial Holding Co. Ltd. Hue Phong Impo International, Inc. ISA Tantec Limited $2,500 - $4,999

Richard & Barbara Ausick Tehchang Leather Products CO., LTD Carol Baiocchi Tong Hong Patrick Baylor Tyche Leather Industrial Company, Ltd. Chanty Shoes Vibram USA CIT Group Inc. Wei Feng Footwear Co. Ltd. Gregory Connors James Weinberg Corky’s Footwear Richard Woodworth Dansko Yong Hong Ji (H.K) Shoes Umberto De Marco DongGuan Baoding Footwear Co., Ltd Marcelle P. Duggan E.S. Originals, Inc. Foley & Lardner LLP Fossil Daniel Friedman Honeywell Footwear James E. Issler Michael Jeppesen Tom Kennedy LeeWay International Company Leverett Shoes, Inc. Modapelle (HK) Limited NCH Holdings Co., Limited New Wing Addis Shoes Factory Payless ShoeSource Jim Pisani Joseph Preston Rag & Bone Paula J. Reid Sean Scales Jake Schwartz Cliff & Kathy Sifford Skechers USA, Inc. Josue Solano Michael Stornant William S. Susman FY 2019 BOARD OF DIRECTORS JULY 1, 2018-JUNE 30, 2019

OFFICERS

CHAIR Michael Atmore Beverly Goldberg Philippa Newman

Editorial Director Vice President President Accessories Greg Tunney Footwear News Florsheim & Footwear President Michael Kors Hush Puppies Carol Baiocchi Wolverine Worldwide Rick Graham SVP, Domestic Sales Joel Oblonsky Glenn Barrett Skechers USA CEO VICE CHAIR Chairman & CEO Titan Industries OrthoLite Debbie Ferrée Dave Grange Joe Ouaknine President & Vice Chairman SVP, Footwear Martin Berman Chairman Designer Brands Lacoste USA Managing Director Titan Industries Micro-Pak Sofia Haberman SECRETARY GVP/DMM Jim Pisani Katie Butler Global Brand President Larry Siff Macy’s SVP & GM Franco Sarto Timberland Managing Director Caleres Neptune Advisors Jim Issler CEO & President Joe Preston Robert Campbell H.H.Brown President & CEO TREASURER CEO & Founder New Balance BBC International Beth Cross Susan Itzkowitz President Gregg Ribatt CEO & President Louise Camuto Ariat Marc Fisher Footwear CEO The Rockport Group Giovanna Cipriano SVP, Chief Accounting Officer David Jay PRESIDENT Liz Rodbell Foot Locker Chairman Neal Newman The Jay Group Group President Retail, Accessories & Two Ten Footwear David DiPasquale Foundation David Kahan Licensing Steve Madden Jeff Espersen CEO VP, General Manager, Birkenstock Americas Merchanding Carrie Rubin President ZAPPOS.COM Blake Krueger Chairman, CEO & President Pentland USA Jonathan Frankel Wolverine Worldwide Senior Vice President Jim Salzano ALDO Group Gene McCarthy Clifton Sifford CEO & President Patrik Frisk Robert McHugh President & CEO Shoe Carnival, Inc. Tracey McLeod CEO Diane Sullivan CEO, Chairman & President Kristin Frossmo TIEM Athletic EVP/GMM Shoe Division Caleres Nordstrom Danny Muskat SVP, Strategic Business Tom Tarica President, Private Brands Leslie Gallin Development President, Footwear Deer Stags Concepts Jimlar/LF USA INFORMA Tsering Namgyal Group President Chinese Laundry

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