The UPS Foundation said today it is making a USD 500,000 gift to the Muhammad Ali Center to support education initiatives promoting social awareness and entrepreneurship.
It's the first big fundraising announcement at the center in Ali's hometown in Louisville since the former heavyweight boxing champion died June 3 at age 74 after a long battle with Parkinson's disease. It comes as the center begins charting a course without its namesake co-founder.
"Just as Muhammad's journey was about transformation, so is the work of the Ali Center, which uses the inspiration of Muhammad as a catalyst for championing positive change in the world," Lonnie Ali, who did not attend the event, said in a statement.
Ali Center President and CEO Donald Lassere said today that a global fundraising campaign will support programs to continue the champ's humanitarian agenda. The goal, he said, is to inspire people to reach their own potential by promoting six core values: respect, confidence, conviction, dedication, giving and spirituality.
More From This Section
The center's attendance has surged since Ali's death, with more than 20,000 people passing through the doors. In 2015, visitors totaled about 100,000, center officials said. Donations account for about 70 per cent of the center's income, they said. The rest comes from admissions, memberships, retail sales and private events. The center's annual budget is about USD 4.5 million.
Brendan Canavan, president of Louisville-based UPS Airlines, said the half-million-dollar gift "was just the right thing to do." UPS also has a sprawling air hub in Louisville.
"Our people really wanted to honor 'The Greatest,'" he said.