Kids in Distressed Situations Inc. will host its birthday fund-raising gala, with partner charity Fashion Delivers, on Dec. 4 at the Mandarin Oriental New York. U.S. Senator Barack Obama (D., Ill.) will deliver the keynote address.

New York Yankees catcher Jorge Posada will receive the K.I.D.S. Mentor Award. Posada and his wife are founders of the Jorge Posada Foundation, which provides financial assistance for children affected by craniosynostosis.

The fund-raiser, expected to draw over 500 executives from the fashion, financial and related industries, will also honor chief executive and chairman Fred Rowan and president Joe Pacifico of the William Carter Co., and Anthony Buccina, vice chairman and president of merchandising for the Bon-Ton Stores Inc.

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