WASHINGTON, May 12, 2021 /PRNewswire/ — 1,000 Dreams Fund (1DF) and the Ila and Dinesh Paliwal Foundation are proud to announce the launch of the Paliwal Club of 100 Music Scholars Fund, which will finance the dreams of talented young women pursuing careers in music.
The new fund will help women in music accelerate their progress toward their career goals while in school and ease the transition into the workforce. For the next ten years, the fund will either award four annual grants of $2,000 each, or provide a larger number of yearly grants ranging from $500–$2,000 apiece. Supporting and empowering young women across the music industry is critical because, in 2020, only 20.2% of artists featured in songs that made the top 100 charts were women, and women held only 2.6% of all producing positions across the Billboard Hot 100 Songs.
“1,000 Dreams Fund has worked closely with the Paliwal Foundation to support women in S.T.E.A.M. for years, and we are incredibly excited to further expand this partnership to specifically fuel the dreams of aspiring female music professionals,” says 1DF founder and CEO Christie Garton. “Removing existing barriers like access to funding will further our shared goal of elevating women in the male-dominated music industry so that they may achieve their dreams.”
“Investing in the future of the music industry is more…