Selena Gomez Foundation is going through financial problems

Since the end of March, employees, suppliers and independent collaborators of the Wondermind Foundation had not received their payments, so Selena Gomez’s mother mortgaged her home to finance the expenses.
A financial crisis put in check to Wondermindthe Mental Health Foundation co -founded by Selena Gómez. To avoid his collapse, his mother, Mandy Teefeymade an extreme decision: He mortgaged his house.
According to Forbes, since the end of March, employees, suppliers and independent collaborators They had not received their payments. Last May 8, Teefey49, he informed the team that requested a loan using his home as a guarantee To keep the startup running.
With that money, He managed to cover part of the debtsaccording to the same medium. However, a source cited by People Sunday assured that The loan was not to cover payrolland that it was the own Selena who decided to invest again after knowing the economic situation of the company.
Until now, employees They have only received one of the two pending salarieswhile freelancers and external suppliers They are still waiting for payments that could ascend to hundreds of thousands of dollars.
Although the singer does not participate in the daily management of Wondermindhas supported the project since its inception, contributing millions of dollars. The startup, based in Los Angeles, has 15 employees and a network of external collaborators.
A spokesman for the organization recognized financial difficulties, but assured that they were already overcome and that adjustments have been implemented to guarantee the specific payment of the equipment and operational stability.
“In the next few days we will start a new stage for Wondermind And we will continue with our important work in mental well -being, which helps hundreds of thousands of people “he said.
Wondermind It was founded in 2021 by Selena Gómez, Mandy Teefey and the businesswoman Daniella Pierson.