The Colleagues were founded in 1950 and have, for over 100 years, raised money for the Children's Institute. It is Nancy Reagan's favorite charity, and everyone in town knows it. Each year the luncheon is totally sold out. This year, President Alexandra Dwek announced that their honoree this years is Sherry Lansing, and her award will be presented by Barbara Walters. Oscar De La Renta will be there with Barbara, and he is doing the luncheon fashion show. It's going to be amazing.