Trae Young, Atlanta Hawks Star Point Guard, Cancels Over One Million Dollars of Medical Debt for Those Struggling in the City
Donating $10K through his foundation, to the national nonprofit RIP Medical Debt, 570 families in the Atlanta area will benefit
ATLANTA – Jan. 8, 2020 – Atlanta Hawks star, Trae Young, has partnered with RIP Medical Debt to relieve over a million dollars in past due medical debts for Atlanta residents who cannot pay them.
“The city of Atlanta has welcomed me with open arms,” said Young. “Giving back to this community is extremely important to me. I hope these families can find a bit of relief knowing that their bills have been taken care of as we enter the New Year.”
RIP Medical is a 501(c)(3) nonprofit started in 2014 by two former debt collectors that uses donated funds to purchase portfolios of bundled medical debt on the secondary debt market for pennies on the dollar. It specifically buys accounts for those most in need (individuals: two times or below the federal poverty level, insolvent and/or with debts that are five percent or more of gross annual income). Unfortunately, RIP cannot target individual debtors and as such, relief is random. To learn more visit: www.ripmedicaldebt.org
Young donated $10,000 through the Trae Young Foundation to target relief in the Greater Atlanta Area. Through this charitable act $1,059,186.39 of medical debt will be erased. The average amount abolished is $1,858 for 570 people. Those benefiting from relief will receive a branded, RIP yellow envelope, which landed in Atlanta on January 3.
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RIP Medical Debt
RIP Medical Debt is a nonprofit that buys and forgives medical debt across America. RIP works with individual donors, philanthropists and organizations to purchase medical debt for pennies on the dollar to provide financial relief for those burdened by impossible medical bills. To learn more visit: www.ripmedicaldebt.org
2019 Rookie of the Year Finalist, Trae Young, is the star point guard for the Atlanta Hawks. A unanimous selection for the 2018-19 NBA All-Rookie First Team, Young was the fifth overall pick in the 2018 NBA Draft and is currently ranked 4th in points and 5th in the league in assists. Already making NBA history books in only his second year in the league, Young and Oscar Roberston are the only players with 2,000 points and 800 assists through their first 100 career games.
To the dismay of his many doubters, Young put up numbers as a freshman that cemented him in NCAA and University of Oklahoma history books forever. By the end of his only college season, Young became the only player to lead the NCAA in both points and assists in a single season and his 27.4 points per game marked the highest scoring average ever recorded by an Oklahoma or Big 12 player. A Norman, Oklahoma native, Young was a member of the US Men’s National U18 team that won a gold medal at the 2016 FIBA Americas U18 Championships. Follow Trae on Instagram (@traeyoung), Twitter (@TheTraeYoung), Facebook (@TheRealTrae11) and Snapchat (@traeyoung).
Alyssa Romano (Octagon)
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