PS: What are your proudest accomplishments as the leader of the Tory Burch Foundation?
TB: I am incredibly proud of our loan programs with Fearless Fund, The Cru, and Bank of America. Through our long-standing partnership with Bank of America, we have given $75 million to more than 4,800 women. It's hard to believe we have almost reached our $100 million goal.
Our Fellows program has grown substantially in the last seven years, and we have reached a point where we have meaningful statistics. Nearly 30 percent of our Fellows have surpassed $1 million in annual sales, compared to just 4.2 percent of all women-owned businesses in the US, and 14 percent of our Fellows have raised venture capital, compared to less than 3 percent of women founders in the US. Our Fellows are also staying in business far longer than the average early stage company in the US.
