Nas, Steve Stoute, Ben Horowitz, And More Join To Award $500K To Hip-Hop 'Contributors Who Didn’t Get What They Deserved'

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It’s one thing to put the spotlight on Hip-Hop culture, but it’s another to properly give its pioneers their dues.

Nas, Steve Stoute, Andreessen Horowitz co-founder Ben Horowitz, and his wife, Felicia Horowitz, have joined forces to not only pay homage to Hip-Hop greats but also provide financial support. The group is behind the first-ever Hip Hop Grandmaster Awards, which is set to honor artists Rakim and Scarface, according to The Paid in Full Foundation’s website. Of the event’s proceeds, 100% will go to the foundation’s programs “to support hip hop greats and other creatives.”

“Over the past several decades, Hip Hop music and culture rose from a local niche New York art form into a global phenomenon,” The Paid in Full Foundation’s website stated. “In doing so, it has created countless careers, many fortunes, and, most importantly, gave hope and aspiration to a generation of young people.”

It continued, “Unfortunately, many of the most impactful original artists never received recognition proportional with their exceptional contributions to arts and culture. The Paid in Full Foundation aims to rectify that through its grantmaking program, by both honoring the people who built Hip Hop and enabling them to pursue their creative and intellectual pursuits for the benefit of society.”

During an interview with “Rap Radar Podcast,” Stoute revealed that the foundation will give $500,000 as well as health care to Hip-Hop “contributors who didn’t get what they deserved.” The executive also shared that he and the team are making the Hip Hop Grandmaster Awards an annual event.





What I wanna do is, all of the artists who [came in] early who signed bad deals or were taken advantage of, that the least we could do is give to them,” Stoute said on the podcast. “Pay that forward and give to them.”


Although it aligns with the 50th anniversary of Hip-Hop, Stoute shared that the event was two years in the making as he worked with Horowitz, Nas, Fab 5 Freddy, and Quincy Jones III, and more. The sold-out Hip Hop Grandmaster Awards will take place Nov. 17 in Las Vegas, NV.
 

Rekkapryde

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All these rappers who stay bragging about being rich should contribute.
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DontEemTry

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They kinda playin with words. Is it 500K to each person?

Or is 500K being split among everybody on the list. :lolbron:
 

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This is dope as fukk.

Wanted to get that post in before the upcoming hating, criticism, and trolling.
Dawg....anyone who doesn't support this is a fukking moron, might be gay and unquestionably supports Al-Qaeda.

What a great and noble idea and premise....sad to know that so many artists died NEEDING something like this, and that their deaths may have possibly been prevented as a result.
 
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