Selena Gomez’s $100 Mn Rare Impact Fund for Mental Health Services
Selena Gomez’s Makeup brand Rare Beauty Announces $100 Million Rare Impact Fund for Mental Health Services on the 28th birthday of Salena on Wednesday.
From now onward beauty brand Rare Beauty’s first sale, one percent of annual sales on Rare Beauty products in addition to funds raised by partners will benefit the fund
As per estimations plans to raise the $100 million goal over the next 10 years.
After reaching its goal, the Rare Impact Fund will become one of the largest known funds supporting mental health from a corporate entity.
Selena Gomez’s $100 Mn Rare Impact Fund for Mental Health Services
Salena : “I’m so grateful to be surrounded by a team that’s helped make the Rare Impact Fund a reality,”
“Since the brand’s inception, we wanted to find a way to give back to our community and further support people who needed access to mental health services,
which have had a profound impact on my life. Rare Beauty is focused on helping people feel more connected to one another and less alone in the world.
The Rare Impact Fund will make a direct impact on many lives and, ultimately, make a difference in the world. I’m proud of the work we’ve begun to do with our partners to offer these services to anyone who needs support.”
She continued “Our goal is ambitious. We want to raise $100 million for mental health in the next 10 years,” said Scott Friedman, CEO of Rare Beauty, in the release.
“With the launch of the Rare Impact Fund, we will create one of the largest philanthropic efforts focused on mental health in the world. The funds will go toward increasing access to mental health services, particularly for undeserved communities.”
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