LeBron James Foundation Scales Back
December 17, 2008
A foundation started by the professional basketball player LeBron James has announced it is cutting its staff and scaling back its charitable activities, according to The Cleveland Plain Dealer.
The LeBron James Family Foundation, started in 2004 by the Cleveland Cavaliers star, currently operates with a staff of six. It posted net losses through 2006, but its fortunes seemed to be improving recently with the addition of corporate partners. The organization’s mission is to develop family events and to support education and physical-fitness programs.
