LeBron James makes announcement about the future of his family foundation

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SANDUSKY -LeBron James made a big announcement at Cedar Point on Thursday, announcing that his family foundation will work with the University of Akron to fund thousands of scholarships.

James and University of Akron will team up to give scholarships to current and future students.

The foundation has just recently partnered with Cedar Point to host annual family reunion event this year.

More than 5000 children and their families will be at the park in order to celebrate with the star.

James will also be on hand to welcome a new class of third-graders into the Wheels for Education program to kick off a new school year.