Floyd Mayweather donations: what does former boxer do with money?

Floyd Mayweather donations: what does former boxer do with money?

Floyd Mayweather is among the wealthiest athletes in the world. During his time as a boxer, he earned a stupendous amount of wealth. Perhaps, this helps to explain the idea behind his “Money” nickname. Apart from him buying expensive stuff, he also donates his money to charities. Well, how much do you know about Floyd Mayweather donations?

Floyd Mayweather donations

Image: instagram.com, @floydmayweather
Source: Instagram

Unlike most celebrities, Mayweather has been on the frontline supporting the underprivileged in society. He has a charity foundation whose main objective is to support and empower the needy in the community. Also, he has, at times, offered his financial aid to various epidemic-stricken organizations in the United States.

What charities does Mayweather contribute to?

In his drive to support and empower the needy, he usually donates to events, hospitals, and learning centers. At times, he also extends his philanthropic interest to disaster victims. However, his primary objective is to use his foundation to give back to the community.

How much does Mayweather give to charity?

Over the years, the retired boxer has been offering huge sums of money to different charity organizations. For instance, in 2012 alone, he donated a total of $690,000 to four charity organizations. While there is no exact figure about his total donations, it is evident that he has been offering significant financial help to the underprivileged.

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List of charities linked to Floyd Mayweather

By now, you know that the boxing promoter loves philanthropic work. He has been linked to various charity works in places such as Las Vegas, Houston, Michigan, among many others. Precisely, here is where Floyd Mayweather money goes to in term of philanthropic projects:

1. The Floyd Mayweather Jr. Foundation (TFMJF)

TFMJF is a charity organization created by the former boxer to support the needy and youth to reach their dreams. The foundation is based in Nevada, Las Vegas. Since its establishment in 2008, the organization has been solely empowering the community and impacting youth leadership.

Its mission is to support and promote the community through entrepreneurship, education, and community development. His desire is to make a difference in the community. Over the years, he has been injecting enough cash to the foundation to support the needy.

floyd mayweather donations to charity

Image: facebook.com, @tfmjf
Source: Facebook

The recent events held by TFMJF are as follows:

  • Social Sundays held at Pinot’s Palace on 11th February 2018
  • 4th Annual Fight 4 Fitness 5K Run, 2K Walk & Kids Fun Run held on 11th March 2018
  • Social Sundays: Mother’s Day Edition held at Pinot’s Palace on 6th May 2018
  • Back 2 School Barnes & Noble Book Fundraiser held on 8th July 2018
  • 6th Annual Back-2-School Giveaway held on 12th August 2018
  • 5th Annual Thanksgiving Giveaway, 17th November 2018
  • Barnes & Noble Book Fair: A Gift-Wrapping Affair, 9th December 2018
  • 7th Annual Back 2 School Giveaway, 10th August 2019
  • 6th Annual Thanksgiving Giveaway, 23rd November 2019

2. Floyd Mayweather donations Houston

In 2017, reports about him donating $200 million to Hurricane Harvey victims in Huston filled the internet. People applauded him for the kind act. However, a few days later, it was established the claims were false because a fake online magazine published the news. Even with controversy involved with the issue, Floyd did not confirm the reports.

3. Floyd Mayweather donations to Flint

floyd mayweather donations to flint

Image: instagram.com, @floydmayweather
Source: Instagram

During the Flint water crisis experienced in Michigan, the former boxer expressed his willingness to help the people with bottled water. Speaking in a press conference, he pledged to offer his support through his charity organization. Quoting him, the flamboyant Mayweather said:

We want to of course get hundreds of thousands of bottles of water to Flint.

READ ALSO: Floyd Mayweather earned $500k from each punch he landed in the last decade

4. National Golden Gloves

In 2012, he donated a sum of $40,000 to the National Golden Gloves. According to him, it was a sign of good faith because he was a beneficiary of their sponsored facilities while starting his boxing career.

He also took the opportunity to encourage other champions to give back to the community. Above all, Floyd Mayweather donations to charity work remain to be impressive.

5. Donation to save a 10-months old kid

It seems 2012 was a good year for the legendary boxer. In what can be seen as a sign of humility, he offered to a pay medical bill amounting to $49,000 for a boy. The boy whose name has been identified to be Austin York was suffering from a heart condition, and his parents could not afford to pay the bills for his surgeries.

Apart from the donations mentioned above, Mayweather has similarly given financial aid to the following foundations:

  • Three Square Food Banks
  • Rainbow Dreams Academy Charter School
  • Habitat for Humanity in LA
  • Susan G Komen Chapter of Southern Nevada
  • Cure Duchenne
  • Make-A-Wish-Foundation
  • Shriners Hospitals for Children
  • Muscular Dystrophy Association
  • Ryan Seacrest Foundation

Some of the above charity organizations are also financially funded by other celebrities. They include; Jason Derulo, Justin Timberlake, Kevin Jonas, Miguel, Bieber, Ed McMahon, and Devitian, among many others.

Floyd Mayweather donations in Africa incident

Speaking in an interview with 107.3 Jamz, the retired boxer contradicted his charity deeds, especially when it involved African nations. Well, despite the “good heart” tag given to him, he did not feel that it was his responsibility to work tirelessly and give all his returns to people.

The boxing legendary said,

[People] say ‘well, he got all this money, why is he not giving to Africa?”

He continued to say,

Well, what has Africa given to us? What has Africa came and gave to my children and to my family? Things work two ways.

His stand on the issue saw him trend for days, with some people terming his statements discriminative. Even so, he has continued offering his financial aid to different organizations across the US.

Indeed, Floyd Mayweather donations have come in handy for the needy living in Las Vegas and other parts of the US in numerous ways. Also, his foundation has been on the frontline, empowering, and supporting the community for more than ten years.

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READ ALSO: Floyd Mayweather: Ex-boxer wears expensive $17k jacket as he takes swipes at critics

Source: Yen.com.gh

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