David Anspaugh (“Hoosiers”) will direct indie drama “Little Red Wagon,” inspired by the true story of 12-year-old homeless-youth advocate Zach Bonner.

Pic’s funded by the John Templeton Foundation through its Philanthropy Project and produced in association with Anonymous Content. Philanthropy Project’s Michael Guillen’s producing in partnership with David Kanter of Anonymous Content. Steve Golin of Anonymous and Barbara Kelly exec produce.

“Little Red Wagon” was penned by Patrick Sheane Duncan (“Mr. Holland’s Opus”). Shooting’s expected to begin this spring, coinciding with Bonner’s “March Across America” — launching in Tampa, Fla., on March 23 and culminating in L.A. in September — to raise awareness and funds for homeless children.

Producers will seek a distrib partner once production’s completed.

Anspaugh won two Emmys for directing “Hill Street Blues.” He’s in pre-production on indie drama “4Chosen.” Billy Zane, Laurence Fishburne, Lou Gossett Jr. and Cybill Shepherd star.Bonner founded the Little Red Wagon Foundation in 2005 at age 7 to help children in the wake of Hurricane Charley.