Art&Co., an initiative connecting the worlds of art, finance, and support groups has launched an online auction bringing relief to COVID-19 victims.
Art&Co. addresses a stark statistic that only 3% of natural disasters are covered by insurance. Funds raised from the online auction, which includes more than 200 pieces, will support frontline charities and NGOs providing healthcare, food, medicines and guidance to those affected by the contagion.
All donations will be equally distributed to ICU steps, The Care Workers Charity, Khalsa Aid International, Painting Our World In Silver, Solace Women’s Aid, and Za Teb. UK charities are forecasted to lose £4 billion over April to June, due to the lockdown.
“We don’t heal in isolation but within a community,” said Bundeep Singh Rangar, PremFina’s CEO and Art&Co. founder. “Art&Co. enables finance and insurance companies to support organisations assisting those suffering from the immediate effects of the coronavirus as well as consequential mental health or domestic violence difficulties.”
The auction encourages both individuals and corporations to participate and bid on one-of-a-kind art representing themes such as health, nature, and spirituality. The funds raised will mostly go to frontline organisations, with the remainder going toward more than 30 freelance artists who are contributing their work and otherwise unable to sell art due to the lockdown. The artwork purchased will become a tangible display of their efforts to support those challenged in the years to come, and can be used as a part of their Corporate Social Responsibility goals.
“It’s heartbreaking to think that lockdown measures have forced some women to endure making the choice between domestic abuse and the virus, daily,” said Fiona Dwyer, CEO of Solace Women’s Aid. “Art&Co. helps ensure that no woman is forced to make such a choice.”
The auction supports Art&Co.’s mandate to support those affected by humanitarian disasters, public health, and safety crises, focusing on events for which insurance is scarce or unavailable.
Listen: BBC interview Art&Co. Founder Bundeep Singh Rangar >
Learn more about the Art&Co. auction at www.artandco.net.