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Frank & Eileen Doubles Down on Support for Women Entrepreneurs

Los Angeles, CA – In a significant move to foster female leadership, Frank & Eileen, the prominent B Corp certified apparel brand wholly owned by women, has announced a remarkable $20 million pledge as part of the second phase of its Giving Pledge initiative. The focus of this pledge is to enhance women's entrepreneurial capacities and further their access to resources that support their ambitions.

Originally launched in 2020, the Giving Pledge aimed to donate a total of $10 million over ten years, a target the brand remarkably achieved in just four years. With its new commitment, Frank & Eileen not only reaffirms its dedication to supporting women but also sets a precedent in corporate philanthropy geared towards social impact.

Empowering Change Through Education

The initial pledge enabled the launch of various fellowship programs at prestigious MBA institutions such as Babson College, MIT Sloan School of Management, and Stanford Graduate School of Business. Additionally, the Frank & Eileen Accelerator, established at a Los Angeles school for girls from grades 7-12, has been instrumental in fostering entrepreneurial skills among young women.

• - 762 women engaged annually through the Frank & Eileen™ Center for Women's Entrepreneurial Leadership at Babson College, the first comprehensive center of its kind at a business school in the U.S.
• - 9 scholarships awarded to women MBA students at leading entrepreneurial schools, as highlighted by US News & World Report 2024.
• - The Frank & Eileen Accelerator has completed its third year, having benefited countless young women at Marlborough.
• - Scholarships are also available for multiple K-12 schools, ensuring a foundation of support for future leaders.

Audrey McLoghlin, CEO and Founder of Frank & Eileen, expressed great enthusiasm over the renewed pledge. "When I first made this commitment, it was driven by my belief in the transformative power of entrepreneurship, especially for women. We've made significant strides in a short time, and I am optimistic that this new chapter will be even more impactful," she stated.

A New Standard in Corporate Responsibility

The announcement of the $20 million pledge aligns with the launch of Frank & Eileen’s inaugural Impact Report, emphasizing the brand's commitment to sustainable practices in the fashion sector. As the highest-scoring woman-owned apparel brand in the U.S. on the B Corp impact scale, Frank & Eileen stands as a model for ethical fashion and responsible business practices.

The Impact Report not only details the success of the first Giving Pledge but also showcases the steps taken to align the brand with sustainable fashion standards. It aims to redefine what it means to embody corporate responsibility in an industry famed for its ecological footprint.

Frank & Eileen began its journey in 2009, sourcing premium Italian menswear fabrics to reinvent the women's button-up shirt. Today, it has grown into a global omnichannel retail brand while maintaining a commitment to ethical manufacturing and female empowerment. Every piece of clothing is designed to be loved and lived in, reflecting a sustainable and caring ethos.

Through their initiatives, Frank & Eileen envisions a world where women are not just participants but leaders in entrepreneurship, making a lasting impact on communities and industries worldwide. As the brand continues to support female leadership and empowerment, it sets a compass for others in the sector to follow suit and raise standards in support of women everywhere.

To explore more about their impact initiatives and find the full report, visit frankandeileen.com.