Beyoncé is to fund a $500,000 annual grant to beauty schools and salons. The ‘Halo’ hitmaker’s newly-launched haircare line Cécred and her charity BeyGOOD will be jointly funding the sum to cosmetology schools and salons in Atlanta, Chicago, Houston, Los Angeles, and New Jersey, with the specific sites chosen due to their “large, diverse community” of hair stylists. A statement on BeyGood’s website said: “Hairstylists have an immense impact on the people in their chairs. They create a sacred space where we can show up how we want and express ourselves through our hair. We’re honoured to give b…