December 06, 2004
Agassi foundation has helped an estimated 184,000 youths
By Ed Koch
LAS VEGAS SUN
Of the $42 million raised by the Andre Agassi Charitable Foundation, $25.9 million has been spent or is being spent on projects that in the past 10 years have benefited an estimated 184,000 Las Vegas youths, project officials say.
Agassi Foundation President Perry Rogers, Agassi's manager and longtime friend, said the other $16.1 million that has been raised will go to an endowment that eventually will total $35 million and will operate the foundation in perpetuity.
"The way we designed this was for our fundraising to be intense now but only for a short time," Rogers said. "We do not want to be raising money many years down the road. Our goal is for the endowment to become large enough to sustain the foundation forever."
Rogers said his salary and the salaries of a half-dozen other foundation workers are paid by Andre Agassi from funds funneled through the charity. But no donated money is used for salaries or administrative costs, Rogers said.
"When a person donates a dollar to the foundation, the whole dollar goes to helping the children," he said.
Here's how nearly $26 million of the funds raised to date have been spent, according to foundation officials:
Andre Agassi College Preparatory Academy: $17.5 million. The school serves 300 disadvantaged youths and provides an accelerated curriculum, focusing on technology and cultural activities.
Andre Agassi Boys & Girls Club: $3.5 million. About 1,600 youths per year have gone to the clubs since their opening in 1997.
Assistance League of Las Vegas' Operation School Bell: $1.2 million. More than 3,700 children received clothing from the 30-year-old program in 2003.
Boys Hope/Girls Hope of Nevada: $280,000. Since 1997, the Agassi foundation has helped 16 boys go through the program that provides disadvantaged children with nurturing homes and quality education through college.
Child Haven: $1.5 million to build the Agassi Center for Education in 1997 and the Andre Agassi Cottage for Medically Fragile Children in 2001. Child Haven is a temporary shelter for abused, neglected or abandoned children.
Class! Publication: $43,000. About 83,500 high school students have access to the 11-year-old monthly publication produced by and for Clark County students.
Cynthia Bunker and Joy McClenahan Memorial Scholarship Fund: $1 million. 25 students have received the scholarship that for 10 years has benefited students enrolled in UNLV's Fine and Performing Arts classes.
Greater Las Vegas After-School All-Stars (formerly Inner-City Games): $525,000. More than 40,000 children have participated in the athletic program.
I Have a Dream Foundation: $200,000. There are 60 students enrolled in the 8-year-old program that is designed to help disadvantaged children with tutoring and an opportunity for higher education.
Las Vegas Sun Summer Camp Fund: $125,000. More than 500 local children have been sent to summer camp from Agassi Foundation contributions to the program that was started by the newspaper 35 years ago to serve disadvantaged children.
Las Vegas Philharmonic Youth Concert Series: $25,000. About 55,000 4th and 5th graders throughout the valley have participated in the six-year-old program that encourages development and appreciation of fine music.
Andre Agassi forever