Diddy was in a philanthropic mood over the weekend, donating $2 million to two Black-worthy initiatives in the Atlanta area.
The 53-year-old rapper and producer (born as Sean John Combs) first attended the Investing Fest at the ATL World Convention Center, where he answered questions from fans.
He also teamed up with Earn Your Leisure co-founders Rashad Bilal and Troy Mellings to create an investment fund, to which he donated $1 million.
He also said that any profits made would be allocated to his three charter schools on the East Coast.
Diddy also stopped by the MEAC-SWAC Cricket Challenge kick-off, donating $1 million to the Jackson State University Development Fund over the weekend.
The Earn Your Leisure investment will pay for educational tools and resources to help black businesses get off the ground.
“I’m excited to join Earn Your Leisure.” “We are going beyond discussing finances and taking action to demystify the investment world for our community,” Didi said in a statement.
As for his donation to Jackson State, the money will be distributed in regular installments over several years.
“Supporting historically black colleges and universities is critical to preserving their heritage and ensuring they continue to transform their lives,” Didi said in a statement.
“This donation to Jackson State is not just a financial contribution, it is an investment in the future of our culture,” he added.
Diddy also took to Instagram on Sunday, sharing footage of him presenting the check to the Jackson State University Development Fund at the game between Jackson State and South Carolina State, both historically black colleges and universities (HBCU), fulfilling a pledge he made last year at the BET Awards. .
“I wouldn’t be here if it wasn’t for the HBCUs. It’s my honor and responsibility to support black college colleges!” Diddy began captioning his post.
“The work they are doing is commendable!” My grandmother raised me to plant my seeds in my community, and this is what I will continue to do!!’ He said.
The donation was made at the end of the first quarter of the game, with Diddy presenting the check to JSU Acting President Dr. Eileen Hayes Anthony, and Vice President/Director of Athletics Ashley Robinson.
“As someone who went to Howard University and understands the invaluable experience of attending historically black colleges and universities, it is important that we all do our part to protect and preserve their heritage,” he added in another statement.
“This contribution to Jackson State isn’t just about making a financial donation, it’s about giving back to a part of our culture that has changed countless lives and ensuring HBCU gets the support it deserves,” he added.
“Investing in our students’ higher education experience is key to transforming their lives, which is why Sean Combs’ generous philanthropy is so important,” said Dr. Anthony, adding, “These funds will greatly benefit our student-athletes and encourage them to strive for excellence in all walks of life.” Life We couldn’t be more appreciative of his giving spirit.
“This contribution by one of the world’s greatest and most influential artists and entrepreneurs is another landmark moment in the legendary history of Jackson State University. Beyond the financial investment, what it represents is most important, which is the belief in the value of our student-athletes in football within And off the field, it provides a pathway for the elite to achieve current and future success.”