"It" boy Fabian Basabe has been gone from the headlines so long, the likes of likes of Tinsley Mortimer and Luigi Tadini have nearly replaced him from our consciousness. But Fabian, never one to run from a headline – other than those involving the terms "Star Room" and "negroes" – is intent on creating his own. And how else does an orientation-ambigious male socialite go about doing that? The same way a female socialite would: via charity. We hear that Fabian went and created the Imaginary Heroes Foundation, which we're told is registered as a 501c3/charitable non-profit. Which is a great way to accept tax-free contributions for a good cause. Or hide your income in a tax shelter. Either way, it needs a mission statement:

A philanthropic non-profit institution that serves as a resource for innovative people and initiatives worldwide. Its mission is to promote universal cooperation, and advance human achievement through support programs in such areas as medicine, education, research and service. With the help of other humanitarian organizations we will distribute funds to community development efforts around the world.

It's not that Imginary Heroes' mission sounds like nearly every other half-assed good-for-karma cause that puts a kink in our Frank Gehry-designed Tiffany necklace. It's that Fabian dubbed his foundation "Imaginary Heroes," the name of the 2005 Sigourney Weaver film that carries the tagline: "People are never who they seem to be." So close to reality, it's trippy.