High Water Women launches third annual backpack drive

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High Water Women, a hedge fund industry group focused on philanthropy and volunteerism, has launched its third annual back-to-school backpack drive, which aims to deliver backpacks to children in the New York City area who cannot afford basic back-to-school items.

The organization is accepting both cash donations and donations of backpacks already filled with age-appropriate school supplies, books and basic clothing. High Water Women will deliver these backpacks to New York City area charities before the start of the 2007-2008 school year.

Last year, the group collected over 1,400 backpacks, which were distributed through Iris House, The Children's Aid