Beyoncé is not only celebrating talented women. She's paying them.

This week marks the first anniversary of Beyoncé's "Lemonade."

Do you remember where you were April 24, 2016? Of course you do. It was a cultural touchstone. It was the moon landing minus the conspiracy theories and white men.

To celebrate, Beyoncé established college scholarships for women!

More information after this celebratory Bey GIF!

Formation scholars will be named for the 2017-18 school year to "encourage and support young women who are unafraid to think outside the box and are bold, creative, conscious and confident." The awards are available to undergraduate and graduate students pursuing degrees in African-American studies, literature, music, art, or creative arts.

Four institutions were selected for the program, and one Formation scholar will be selected from each school. The colleges include Howard University in Washington, D.C., Spelman College in Atlanta, Berklee College of Music in Boston, and Parsons School of Design at the New School in New York City.

Details, including the award amount and application deadlines, are available through each school's financial aid or scholarship office.

Queen Bey is benevolent, generous, and serious about lifting up black women.

"Lemonade" was a love letter to black women and girls, a melanin-rich piece of art that couldn't have come at a better time. Her tour raised money to support the families of Flint, Michigan. She spoke out against police violence after the deaths of Philando Castile and Alton Sterling. Then, she campaigned for Hillary Clinton in hopes she would work on solutions for criminal justice reform and policies to fight poverty and racism.

With the creation of these scholarships — two at historically black colleges — Beyoncé continues to use her power and influence for good, all while making some of the most important music of the decade.

They don't call her queen for nothing.