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The Lebron James Family Foundation

Public charity
DBA: % COHEN & CO ADVISORY LLC
Research & Policy · AKRON, OH · EIN 02-0716277

About

Through its CORE i promise program that serves more than 1,700 akron public schools students identified by APS as at-risk, the foundation addresses the educational needs and eliminates barriers for the entire family so ALL CAN pursue a greater future. The foundation provides programs, mentors, incentives and strategic outreach to the students and their entire families year-round to help them be successful and ultimately graduate from high school, after which the foundation has secured scholarship opportunities for ALL eligible i promise students to either the university of akron, KENT state university or stark state college. To prepare students and families for life on a college campus, the foundation established the i promise institute on the UA campus that hosts family gatherings and will be an around-the-clock resource for i promise students once they arrive on campus. And that is just the beginning. Recognizing the deeply-rooted barriers these students and families are facing, the foundation opened the i promise school in 2018 that would instill social emotional learning and a "we are family" philosophy from the onset. IPS also maintains a full-time family resource center that provides wide-ranging services for ALL students and family members including legal aid, medical care, GED classes, financial literacy programming, job & family services, and a full-time food and essentials pantry. Eliminating needs and establishing trust with the families, in 2019 the foundation opened the i promise village that serves as transitional housing for ALL students in immediate need of safe and stable housing. At the village, families live RENT-free and family-first with access to resources and skill-building programming to help them prepare for their next phase. Later in 2019, the foundation took this commitment one step further, entering into a partnership with eandc to develop long-term i promise housing planned for opening in 2023. The foundation also purchased tangiers which is being transformed into house three thirty, a space for the community to gather that will also provide financial stability & job training for students and families within the foundation's program. Additionally, the foundation purchased a building across the street from house three thirty which is being transformed into i promise healthquarters, which will be a community-based primary care center offering medical, dental, and optometry supports with on-site lab services and a reduced-cost pharmacy provided by axesspointe as well as mental health services from coleman health services. Designed with the needs of i promise families in mind, i promise healthquarters will serve the entire akron community with family-oriented primary care. ALL located within a few city blocks of the i promise school, the foundation has physically and emotionally transformed the akron community, lifting up its students, families and partners to provide an ALL-encompassing model for creating change in urban communities.

In care of Cohen & CO Advisory LLC

Donations are tax-deductible
Category
Research & Policy
Employees
91
Volunteers
500

Financial Snapshot

FY ending 2024-12-31
Revenue
$7.5M
Expenses
$11.1M
Assets
$25.5M
Liabilities
$4.6M

Financial history

$17.3M$8.6M$0
161718192021222324
RevenueExpenses
Latest FY2024: $7.5M · Peak FY2022: $17.3M · Avg: $7.4M

Political & Grant Activity

Campaign Spending
Lobbying
Grants Given
$2.3M
THE LEBRON JAMES FAMILY FOUNDATION
Your actions

Address

3800 Embassy PKWY STE 360
Akron, OH, 44333-838

Governance

Voting board members4
Independent members4
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Initial contract exceptionNo
Public records
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