Los Angeles, CA (March 18, 2020)—A new COVID-19 Relief Fund, has been founded by the Recording Academy and its MusiCares foundation. The fund, which starts with a base of $2 million, is intended to aid musicians, artists and professionals affected by the outbreak and subsequent cancellation of multiple music events.
Administered through MusiCares, the COVID-19 Fund will be used to directly support those in the music community with the greatest need, according to a statement. To establish the fund, both the Recording Academy and MusiCares each contributed an initial donation of $1 million, and additionally, all Recording Academy Chapters have committed to fundraising in their local communities.
“Event cancellations are at unprecedented levels and the situation, therefore, requires an unprecedented response,” said Harvey Mason, Jr., Chair and Interim CEO of the Recording Academy, in a statement. “Many people in the industry are now in crisis, not knowing what the future holds or having to deal with dire commercial realities. We are asking the entire industry to stand with us to support the musicians, artists and professionals who are the bedrock and the future of our music community.”
MusiCares chair Steve Boom added, “The music industry is built on the work of musicians, artists, and music professionals. It is in times like these, that the industry needs to come together to support those who are struggling, particularly those who rely on touring incomes to survive. We know this fund will need to be significant. We will not be able to do it alone, and that’s why we are asking the entire music community including labels, streaming services, and anyone who is able to join us in this important effort. We’re all in when the good times roll, and it’s important that we’re all in when times are tough, too.”
COVID-19 Relief Fund • https://www.grammy.com/MusiCares/CoronavirusReliefFund