Michael Jordan Gives Back With $500,000 Investment

Photo by Streeter Lecka/Getty Images
Michael Jordan epitomizes NBA Cares as he invests a half million dollars into child literacy programs across the country.

Basketball legend Michael Jordan is giving back.

The Charlotte Hornets owner is investing half a million dollars in literacy programs for youth. The money will go to child care and community centers, and local libraries. 

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According to The Charlotte Observer, Jordan told reporters that he purchased the Charlotte Hornets to connect to the community. "When I took over majority control of the team, one of the biggest impacts I wanted ... was to reconnect back to the community. I felt (that connection) was lost a little bit with the previous ownership, and I felt it was very important."

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Since purchasing the team, Jordan and the Hornets have donated more than $3 million to causes that give back to the community including education, hunger, the military, and wellness. Carolyn Hazeldine of Child Care Resources Inc., one of the organizations that will receive a portion of the $500,000, said, "He’s a local celebrity who can give to a lot of causes, but when he chooses to give to early literacy, it puts a face on the issue, It tells people in the community that this is important."

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