The Red Backpack Fund is an initiative started by The Spanx by Sara Blakely Foundation. The foundation donated $5 million to GlobalGiving to establish The Red Backpack Fund. GlobalGiving will be making at least 1,000 grants of $5,000 each to female entrepreneurs in the U.S. to help alleviate the immediate needs and support the long-term recovery of those impacted by this crisis. To learn more about The Red Backpack Fund, please visit

Eligible women-owned businesses:

  • You are at least 51% majority women-owned
  • You have withheld payroll taxes for at least one employee in addition to yourself (unfortunately, we are unable to accept applications from sole proprietors or individuals who exclusively employ contractors at this time)
  • You are registered in the U.S. and its territories as a legal entity and have a valid EIN number
  • You have fewer than 50 employees
  • Your annual revenues did not exceed $5M in any of the past three years
  • You are 18 years or older
  • Unfortunately, sole proprietorships (businesses owned and staffed by one person) and businesses that exclusively employ contractors are not eligible to apply for grants from The Red Backpack Fund at this time.

    For more information and FAQ’s, click here. To apply, click here.