Selena Gomez's makeup company Rare Beauty launched the Rare Impact Fund on her 28th birthday today (July 22), which plans to raise $100 million to provide mental health services to underserved communities.Going forward with the mission-driven beauty brand's very first sale, 1% of annual sales on Rare Beauty products in addition to funds raised by partners will benefit the fund, which 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."I’m so grateful to be surrounded by a team that’s helped make the Rare Impact Fund a reality," Gomez said in a press release.
Read more on billboard.com
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.