BINC Announces $2 million Survive to Thrive Initiative
The Book Industry Charity Foundation (Binc) announced today the establishment of the Survive to Thrive bookstore grant program. Founded with initial support from Ingram Charities and Ingram Content Group, the program will quickly provide grants to independent bookstores and comic shops affected by COVID-19.
With a leading gift of $500k jointly from Ingram Charities and Ingram Content Group, $250k from Bookshop.org, and an additional $250k total from Hachette, Harper Collins, Macmillan Publishers, and Penguin Random House, the Survive to Thrive initiative has raised the first million dollars of its $2 million goal.
The Survive to Thrive grant program will provide substantial support to as many as 200 brick-and-mortar bookstores and comic shops in the U.S. that have a strong foundation in their community but are facing financial challenges due to the impacts of the pandemic.
With $2 million, the Survive to Thrive initiative could make grants of up to $10,000 to 200 independent bookstores and comic shops.
Grants will be made via a juried review process designed to provide grants to stabilize stores and help them thrive, retaining the many and varied benefits local bookstores and comic shops provide to their communities. The Survive to Thrive jury of reviewers will be made of industry leaders who love book and comic shops and have the knowledge and expertise to review the grant applications. The Survive to Thrive applications are expected to open in mid-April, with grants to be distributed in early June.
Survive to Thrive is relying on industry and community support. All gifts to Binc in support of the Survive to Thrive grant program will make a difference for independent bookstores and comic shops that, with some help, can continue to be vital Main Street anchors, community gathering spots, and the backbone of the book and comics industries. Visit to donate today.
In 2020, Binc distributed $2.9 million to help more than 2,200 bookstores, comic shops, and individual store owners and employees. In 8 weeks beginning in late March 2020, Binc distributed more aid than in the prior 8 years combined.