Just In: Jayson Tatum receives $1 Million Boost for St. Louis Home‑Buying Fund

 

Boston Celtics star Jayson Tatum has secured a generous $1 million donation from financial services giant SoFi, aimed at expanding his foundation’s efforts to help first-time homebuyers in his hometown of St. Louis . Announced earlier this week, the contribution establishes the SoFi Generational Wealth Fund, a down-payment assistance program under the Jayson Tatum Foundation.

 

Tatum, who was raised in St. Louis by his single mother, says the initiative “would have impacted myself and my mom growing up,” recalling how surreal buying his first home felt . The fund, targeting single-parent households, will distribute grants over the next three to five years. Recipients will also gain access to SoFi’s financial tools and advisory resources, though they won’t be required to use SoFi’s mortgage services .

 

Tatum launched his foundation in 2017, and it’s been active in St. Louis through toy drives, scholarship giveaways, basketball camps, financial literacy workshops, and now – this homeownership initiative . Earlier this year, the foundation held a home-buying workshop in partnership with SoFi to guide local families through the mortgage process .

 

A recent update from Tatum’s foundation highlights its ongoing commitment: following a devastating mid-May tornado, the group organized food drives, collected over 52,000 pounds of essentials, and hosted a second relief effort on June 14 – showcasing its consistent support for the St. Louis community .

 

With this $1 million gift, Tatum is reinforcing his focus on financial literacy and generational wealth — providing tangible tools and support to empower families to invest in their futures.