Red Backpack Fund
In the wake of Covid-19, to support the recovery and revitalization of women-owned businesses, the SPANX by Sara Blakely Foundation donated $5 million to female entrepreneurs and teamed up with GlobalGiving to establish The Red Backpack Fund. Each recipient received a gift of $5,000, the exact amount Sara Blakely started Spanx with 20 years ago. Small business is the backbone of our culture and we know first-hand what it’s like to start small and dream big!