LAS VEGAS, NV--(Marketwire - March 5, 2008) - On the heels of winning last week's L.A. Poker Classic and his first World Poker Tour (WPT) bracelet, and then placing third in this weekend's NBC National Heads Up Championship, the usually private and reserved poker professional Phil Ivey made a generous $50,000 donation to Empowered 2 Excel (E2E), a local Las Vegas Christian Academy.
Ivey also announced on Sunday that he intends to continue his grandfather's philanthropic legacy through The Budding Ivey Foundation, named in part after the late Leonard "Bud" Simmons. The Budding Ivey Foundation will be led by Ivey's close friend R. Winston Morgan, secretary LaTosha Perry, and Ivey's mother Pamela, who will serve as the foundation's treasurer. The foundation's non-profit status is currently pending. E2E is one of the many programs that will fall under the umbrella of The Budding Ivey Foundation.
"I've been given a lot of gifts," said Ivey from his Las Vegas home during a meeting with Budding Ivey Foundation representatives. "This foundation provides me an opportunity to give back."
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