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Let me first say that human beings can be quarantined, but the human spirit cannot be contained. I am in awe by the amount of giving and acts of kindness taking place around the world right now. Strangers helping strangers… neighbors helping neighbors... it’s truly inspiring. I want to help too. I have decided to donate $5 million directly to female entrepreneurs to help their businesses, families and employees. This donation will immediately provide 1,000 female business owners here in the United States with $5,000 in funding each. My hope is that this gift will help alleviate some of the pressures caused by this horrible pandemic.
20 years ago, I started Spanx with $5,000 in savings and I see this as a time to pay it forward. Small business is the backbone of our culture. I know what it’s like to be a small business owner, and I want to provide some relief to these entrepreneurs during this time. We have teamed up with GlobalGiving to manage the fund and application process. The applications to receive these donations will open April 6th and will be available for the next five months. All you have to do is visit GlobalGiving’s website at www.globalgiving.org/redbackpackfund and complete an application for The Red Backpack Fund.
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