The coronavirus pandemic has led to strict stay-at-home orders throughout the globe, increasing anxiety and different mental health challenges for young folks. The newly launched fund seeks to provide sources for those in want.
Richard Branson and Demi Lovato are big names among the backers of a new fund aimed toward easing the strain of the coronavirus pandemic by providing psychological health assistance to those in need.
Branson and Lovato have partnered with Royal Bank of Canada, Virgin Unite, Canadian Family Foundations, and Draper Richards Kaplan on the Project, known as The Psychological Health Fund. So far, they’ve raised $2 million to support the work of groups that provide disaster intervention via text message 24/7.
Crisis Text Line serves as the founder of The Mental Health Fund, which is working with an objective of reaching $5 million.
Other organizations involved in the launch include Shout UK, Kids Help Phone, and SpunOut.ie, and every one of these groups reported massive increases in call and text volumes from these in need of support.
“The virus itself is terrible and causing anxiety and grief, and then the quarantines and financial smash is causing different intense pain,” stated Nancy Lublin, CEO, and co-founder of Crisis Text Line.