Jay-Z, photographed at "Making the Ordinary Extraordinary," a carnival-themed fundraiser event for his Shawn Carter Scholarship Foundation, held at New York's Pier 54 on September 29, 2011.
The event raised over $1,000,000 for his foundation, which provides college scholarships for underprivileged youth. It was founded in 2002 by Hov and his mother Gloria Carter, who serves as the foundation's CEO.
Ever wonder why Jay Z chose to form the SCSF? Well, it was a seemingly insignificant event that changed his life forever and helped him understand the importance of providing a quality, loving education to underprivileged youth. His sixth-grade teacher Renee Rosenblum-Lowden, who taught him at I.S. 318 in Williamsburg, once told a shy Shawn Carter that "You know what, you’re kind of smart" and encouraged him to pursue a career that would make full use of his literary talents. Thankfully he believed her, replying "Yeah, I'm smart, right?" In a discussion with magnate Warren Buffet for "Forbes" in 2010 Jay explained how this simple compliment from his teacher changed his outlook on education: "She sparked that idea in my mind. So that's why my first thing is a scholarship fund, because there are a ton of very intelligent kids coming out of these urban areas who can make it all the way if given the opportunity." In an interview with "People" magazine in 1999 Miss Lowden said of Jay: "He was a very dear kid. There is so much more to him than being a person who sings about bitches and hoes. [Laughs] Gee, I hope I'm not killing his image!" #jayz @shawncartersf #2011 #ogjuan