Beyonce’s BeyGOOD charity is donating over $500k to people in danger of losing their homes during the pandemic
- The organization will be awarding 100 individuals/families in need $5k grants
- Applications will open January 7th 2021, with funds to go out later that month
- Previously BeyGOOD had helped organize donations of essential supplies
- They also created a Small Business Impact fund, which has given over 250 businesses $10k grants
Beyonce is donating over $500k to families in danger of losing their homes after the federal eviction and foreclosure moratorium expires on December 26th.
The diva, 39, announced the initiative via her personal website on Tuesday, explaining how her charity BeyGOOD has been committed to helping during the pandemic.
After helping get people essential supplies and launching a Small Business Impact fund, the Queen Bey’s organization will now be giving $5,000 grants to 100 people facing foreclosure or eviction.
Doing good: Beyonce’s BeyGOOD charity will be giving over $500k in grants to those in danger of losing their homes after the federal eviction and foreclosure moratorium expires on December 26th. She’s seen in 2019 above
‘When we were faced with the pandemic caused by COVID-19, BeyGOOD created a plan to make a difference,’ the statement read.
‘We assisted organizations across the country that were providing people with basic needs like food, water, household supplies and COVID testing. We also provided mental health support.’
Additionally the charity launched the BeyGOOD Small Business Impact fund, which has given over 250 small businesses $10k grants.
‘Beyoncé is continuing her heart of support and helping where needed most,’ it went on before explaining how Phase Two of the BeyGOOD Impact Fund will address those impacted by the looming housing crisis.
Charitable: the Queen Bey’s organization will awarding 100 people $5,000 grants
‘The housing moratorium is set to end on December 26th, resulting in mortgage foreclosures and rental evictions. Many families are impacted, due to the pandemic that resulted in job loss, sickness and overall economy downturn,’
‘This holiday season, while many are stressed with what they will do next regarding their housing, we are proud to share some GOOD news. Beyoncé is giving $5k grants to individuals and families facing foreclosures or evictions.’
The online application process opens January 7, 2021, with funds set to be disbursed later that month. A second round will open in February.
Applicants must provide the necessary documentation to the NAACP.
The message ended: ‘#BeyGOOD. Keep the Faith. Remain in Hope. Together we can all Help.’