Today Yao Ming announced the launch of the Yao Ming Foundation, with its first intent to help rebuild earthquake-resistant schools in China that were destroyed from the recent quake.

100% of all donations will go to the Foundation, with Yao paying all administrative costs. Donations can be directed to other efforts by request. Yao also announced he will be donating more of his own money — this time $2 million.

Click here for more photos from the press conference and additional news reports. Thanks go to Raymond for all the Foundation coverage in the YaoMania! forum while I’ve been away on business.

Donations can be made at TheYaoMingFoundation.org.

This entry was posted on Tuesday, June 10th, 2008 at 1:01 pm and is filed under Charity work. You can follow any responses to this entry through the RSS 2.0 feed.