Jay-Z Raises $6 Million at the Shawn Carter Foundation Gala - Black Enterprise
Black Enterprise magazine Fall 2019 issue

The Roc Boys were in the building this weekend, and they brought their paper out … all for a good cause. The Shawn Carter Foundation Gala raised $6 million for deserving students, according to Complex.

The Shawn Carter Foundation announced the results of its fundraiser on its Twitter account, “Tonight, the Shawn Carter Foundation Gala raised $6 million toward funding post-secondary educational opportunities for future scholars. Thank you to all patrons and supporters for this successful night. #SCFGala

The Foundation, founded by hip-hop billionaire Shawn “Jay-Z” Carter, hosted The Shawn Carter Foundation Gala Weekend on Nov. 15–16, 2019, at the Seminole Hard Rock Hotel and Casino in Hollywood, Florida. As the organization’s sole fundraiser of the year, there was a blackjack tournament experience, a black-tie gala, silent and live auctions, in addition to a performance by Grammy Award-winning icon Alicia Keys, and other special events, all in the name of supporting deserving scholars.

At Saturday night’s black-tie gala, Robin Roberts served as the master of ceremonies. Some of the guests included singers Beyoncé and Normani; rappers Fat Joe, Meek Mill, Fabolous, and Yo Gotti; comedian Michael Blackson; producers DJ Khaled, DJ Trauma, and Swizz Beatz; NFL owner Robert Kraft; studio owner Tyler Perry; fashionista Dapper Dan; baseball player Eddie Rosario; and several others. 

The Foundation was founded as a public charity in 2003 by Jay-Z and his mother, Gloria Carter. It supports initiatives to empower youth and communities in need through the following programs: Scholarship Fund, College Prep and Exposure, International Exposure, Professional Development, Scholar Support, and Community & Goodwill Programs. In April, Jay-Z announced a partnership with Toyota for the Shawn Carter Foundation annual black college bus tour. The program gives students the opportunity to visit several historically black colleges and universities around the country. You can find out more information about The Foundation on its website.