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Phelps Says He'll Donate $1 Million To Charity

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Sep 9, 2008 10:36 am US/Eastern

Phelps Says He'll Donate $1 Million To Charity

BALTIMORE (AP) ― Michael Phelps is starting his own charity and the swimmer who won a record eight gold medals at the Beijing Olympics made the first donation by committing the $1 million bonus he earned for his golden haul.

The Michael Phelps Foundation will launch an eight-city U.S. tour in collaboration with Speedo, Phelps' swimsuit sponsor that paid him the bonus, to visit children and share his Olympic experiences.

The tour will feature an education program called "Dream, Plan, Reach" to give children a game plan to lead healthy, active lives.

Speedo announced last week that it will donate an extra $200,000 to Phelps' foundation in honor of his eighth gold medal.

(© 2009 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.)

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