State Bags co-founder Scot Tatelman discusses his New York-based bag company and their donation of revenue to those in need.
The holiday season is meant for giving back and serving the community. One New York City-based backpack company, State Bags, uses the power of business to donate fully-packed backpacks year-round to those in need.
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State Bags CEO Scot Tatelman told FOX Business’ Maria Bartiromo on Monday that the inspiration came after starting a nonprofit summer camp with his wife. What they experienced was a true wake-up call.
“We started seeing a recurring theme of kids coming to camp carrying their belongings in ripped trash bags,” Tatelman said. “And this was kind of eye-opening to us.”
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The realization jumpstarted State Bags’ beginnings – with a goal to bring home the “one-for-one” business model.
“For every bag we sell, we support American kids, families and communities in the ways they need it most,” Tatelman said.
Students at a State Bags bag drop rally. (Credit: State Bags)
State Bags hosts several bag drop rallies and donation events per year at schools and nonprofit organizations. Students and community members receive brand-new State Bag backpacks with fun surprises to stuff inside.
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“For-profit companies do all types of different things, but we actually work with schools, nonprofit organizations,” Tatelman said. “We want to be a company that does way more than just give product … We have a platform. We want to do well. We want to support communities and families that really need it and we do it in a variety of ways.”
Tatelman said the holiday season is similar to back-to-school for State Bags, and the business is doing well.
“The more bags we can sell, the more we can do for the communities that we serve,” he said.
