During a press conference at Westcott Elementary School in Chicago today, Chance the Rapper proudly announced that he will be donating $1 million to the Chicago Public Schools system, and presented a giant cheque addressed “to the kids.”

Additionally, Chance stated that for every $100,000 raised, his nonprofit organization SocialWorks will donate an extra $10,000.

You can watch the Chi-Town rapper’s full conference below and head on over to his website for more information.