Binc’s new initiative has received $500,000 jointly from Ingram Charities and Ingram Content Group, $250,000 from Bookshop.org, and $250,000 total from Hachette, HarperCollins, Macmillan, and Penguin Random House.
The Book Industry Charitable Foundation may be able to help owners or employees with personal household expenses related to a natural disaster. In addition, Binc can assist with expenses directly related to the store in certain cases.
In the first 10 months of 2020, Binc helped more than 600 bookseller/comics retailer families, distributing more than $700,000. Comparatively, in the first 10 months of 2019, 88 grants were given totaling approximately $200,000.
The Indie Shindig is aiming to raise $15,000 for Binc by hosting weekly events that introduce booksellers to new and upcoming titles. All participating publishers split a donation of $10 per bookseller attendee.
The American Booksellers Association, a national not-for-profit trade organization, works with booksellers and industry partners to ensure the success and profitability of independently owned book retailers, and to assist in expanding the community of the book.
Independent bookstores act as community anchors; they serve a unique role in promoting the open exchange of ideas, enriching the cultural life of communities, and creating economically vibrant neighborhoods.