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Categories: Sports News

Phoenix Suns Vice Chairman Jahm Najafi commits $10M to NBA Foundation

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NBA 2021: Phoenix Suns Vice Chairman and CEO of Najafi Companies Jahm Najafi has pledged a $10 million dedication to the NBA Foundation, it was introduced at this time by NBA Foundation Executive Director Greg Taylor.

Najafi’s contribution, $1 million per yr over the subsequent 10 years, will additional the Foundation’s mission to drive financial empowerment for Black communities by way of employment and profession development.

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His donation is along with the $10 million the Phoenix Suns have already pledged to the Foundation as a part of the $300 million dedication made by the 30 NBA groups in preliminary funding.

This past year I have been inspired by the NBA family’s efforts to advance social justice, especially through the Board of Governor’s long-term commitment in creating the NBA Foundation,” stated Najafi.  “I’ve seen firsthand how economic opportunity can change lives, and I look forward to supporting the Foundation over the next 10 years as they impact the lives of Black youth.

Since 2002, Najafi – and Alternate Governor of the Phoenix Suns – has been the CEO of Najafi Companies, a global personal funding agency servicing the sports, client, media, expertise, and actual property industries.

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With a robust ardour for social influence, Najafi, along with Colin Kaepernick, just lately created the Mission Advancement Corp., a particular objective acquisition firm dedicated to partnering, investing, and advancing a world-class client firm with the intention of making significant monetary, social and cultural worth.

The NBA Foundation is grateful for Mr. Najafi’s generous commitment,” stated Taylor.  “As a proven leader in sports and business and advocate for social justice, we look forward to working together toward our shared goal of creating greater opportunity and outcomes for Black young people.

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The NBA Foundation will search to extend entry and help for highschool, college-aged and career-ready people, and help nationwide and native organizations that present abilities coaching, mentorship, teaching, and pipeline improvement in NBA markets and communities throughout the United States and Canada.

As a public charity, the Foundation will proceed to work strategically to develop further programming and funding sources that deepen the NBA household’s dedication to racial equality and social justice.

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