The Milwaukee Bucks launched a new charitable organization called the Milwaukee Bucks Foundation and gave out three $25,000 grants to local charitable organizations and initiatives Monday afternoon at the Pieper-Hillside Boys & Girls Club.

Milwaukee Bucks co-owner Jamie Dinan announces the launch of the Milwaukee Bucks Foundation on Monday, June 6, 2016.

The foundation was formed in order to answer a “critical need for services to help address systemic issues of poverty and segregation, not only within the city of Milwaukee, but across the entire state,” according to a statement released by the team’s press office.

The organization will focus on supporting youth education, health and wellness, and community improvement programs. The program, called “Volun-Deers” will give Bucks employees 16 hours per year of paid time away from the office to volunteer.

The foundation will give future grants on an annual basis and has created a list of grant guidelines and eligibility requirements charitable organizations must follow in order to be considered, as well as an application process.

The Milwaukee Bucks launched a new charitable organization called the Milwaukee Bucks Foundation and gave out three $25,000 grants to local charitable organizations and initiatives Monday afternoon at the Pieper-Hillside Boys & Girls Club.

Milwaukee Bucks co-owner Jamie Dinan announces the launch of the Milwaukee Bucks Foundation on Monday, June 6, 2016.

The foundation was formed in order to answer a “critical need for services to help address systemic issues of poverty and segregation, not only within the city of Milwaukee, but across the entire state,” according to a statement released by the team’s press office.

The organization will focus on supporting youth education, health and wellness, and community improvement programs. The program, called “Volun-Deers” will give Bucks employees 16 hours per year of paid time away from the office to volunteer.

The foundation will give future grants on an annual basis and has created a list of grant guidelines and eligibility requirements charitable organizations must follow in order to be considered, as well as an application process.