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A portion of the proceeds from Justin Bieber's new Christmas album will benefit charity.

Under The Mistletoe comes out on November 1, and will benefit two of Justin’s favorite charities, Pencils of Promise and the Make-A-Wish Foundation.

“Universal [Music] never actually allowed money from the album to go to charity, so it’s kind of a unique thing and I’m very happy and proud of what we’ve done,” he said.

Bieber has been involved in a number of fundraising initiatives for Pencils of Promise in the last year, including donating $1 from every ticket on his My World tour to the charity. His fans raised enough cash to build 20 schools for underprivileged children, prompting DoSomething.org to include Bieber in their list of the top 20 Celebs Gone Good for 2010. Earlier this year, Bieber raised thousands of dollars for the charity when he donated them a lock of his hair for auction.

Under The Mistletoe will feature collaborations with a host of stars, including Mariah Carey, Boyz II Men, Usher, Chris Brown and many more.

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