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Selena Gomez’s Rare Impact Fund benefit raises about $3 million and introduces Katherine Short award

The fourth annual Los Angeles benefit raised money for youth mental health initiatives and recognized a Sacramento nonprofit with a new award honoring Martin Short’s daughter.

Exterior of the Hollywood Palladium in 1947, with an event listing on its marquee.
The Hollywood Palladium in Los Angeles in 1947, shown with an event listing on its marquee. File photograph; it does not show the 2026 Rare Impact Fund benefit. GeorgeLouis — Hollywood Palladium in 1947 — George Garrigues (published by BeenAroundAWhile at en.wikipedia) (resized and converted to WebP). CC BY-SA 3.0.Image sourceImage licence: CC BY-SA 3.0
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Selena Gomez’s fourth annual Rare Impact Fund Benefit raised roughly $3 million for youth mental health initiatives on Oct. 14, 2026, at the Hollywood Palladium in Los Angeles, Billboard reported. The event introduced an award honoring Katherine Short, the daughter of actor Martin Short, who died by suicide in February 2026, according to Billboard.

Katherine Short award goes to Sacramento nonprofit

Gomez and Martin Short presented the new award to La Familia Counseling Center, a Sacramento nonprofit, Billboard reported. The award recognizes commitment to mental health and community service. Billboard said the center was honored for more than five decades of community service, making it the first recipient of the award established in Katherine Short’s memory.

Billboard reported that Martin Short spoke about his family’s grief and described mental illness as a disease. He emphasized widening access to support and reducing stigma. His remarks placed the tribute alongside the work recognized by the award: helping people obtain mental health support through community services.

How the Rare Impact Fund raises money

Billboard said the benefit’s fundraising came through paddle raises and a live auction. In an August announcement ahead of the event, Rare Beauty said Sean Hayes would serve as emcee. The company described the fund’s goal as mobilizing $100 million for organizations expanding young people’s access to mental health services and education worldwide.

Rare Beauty said in August that the fund had raised more than $30 million and supported 30 nonprofit partners across five continents. It said those partners reached 3.5 million young people annually. Those figures describe the fund at the time of the company’s announcement, before the October benefit.

The company also said it donates 1% of Rare Beauty sales to the fund. It identified philanthropic foundations, individuals, corporate partners and its community as other sources of funding. The annual benefit is another part of the fund’s effort to finance organizations working on youth mental health services and education.

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