[rmd2]

Originally Posted by Northwoods

Here are a few black athletes that are trying to help underprivileged children achieve a better life:

Tiger Woods Foundation provides money for deserving but impoverished students who want to go to college. It awards dozens of grants to improve under-privileged children’s health. Millions of young people have benefitted from his generosity.
The foundation has doled out over $30 million in grants, scholarships and internships. It also provides specialized education on such courses as graphic design, marine biology, and aerospace engineering so that these students have a meaningful career upon graduation.

Derek Jeter launched the Turn 2 Foundation. Its goal is to “create and support signature programs and activities that motivate young people to turn away from drugs and alcohol and ‘TURN 2’ healthy lifestyles”. Over the last 20 years, the foundation has donated approximately $1 million annually to its cause.

The Lebron James Family Foundation gave $2.5 million and 1,000 new computers to the Boys and Girls Club of America, and James himself gave $2.5 million to the Smithsonian National Museum of African-American History and Culture. His foundation has raised $40 million for the After-School All-Stars and his I Promise program provides mentors, supplies, support and programs for 1,400 Akron students — much of which comes from James’ own donations.

Almost all foundations use "other people's" money. They don't use their own. The lend out their name to collect money from other people.