Rare Beauty, owned by singer Selena Gomez, has launched the Rare Impact Fund to provide $ 100 million over the next decade to support mental health services. Selena Gomez made the announcement on her 28th birthday.
1% annual sales of Rare Beauty products; Funds raised from affiliates will be donated to the fund. If the fundraiser is as planned, the Rare Impact Fund will become one of the leading fundraisers supporting mental health services.
“I am very grateful to the team members who helped make the Rare Impact Fund a reality. Since its inception, the brand has wanted to support people who need access to mental health services. Rare Beauty focuses on helping people feel more connected to each other. The Rare Impact Fund will make a difference in people’s lives. “I’m proud of what we have started,” Selina told a news conference.
Selena founded Rare Beauty in February. The make-up is Selena’s third album, Rare, which was released earlier this year. “Our goal is very big,” he said. You need to make $ 100 million over the next 10 years for mental health. Once the Rare Impact Fund is launched, it will strive to be the largest mental health charity in the world.
Funding will be provided for mental health services, ”said Scott Friedman, CEO of Rare Beauty. Rare Beauty is a non-profit, non-partisan, non-profit organization dedicated to guiding companies. Organizations and companies have also formed the Rare Beauty Mental Health Council, which includes mental health professionals.