Common will partner with the Chicago Urban League and other organizations to raise funds to create 1,000 year-round jobs for the city's youth.
"I've come back home and shot videos in the hood and around my neighborhood where I don't live anymore. And I felt that I have to do more," said Common.
The Common Foundation also announced a music festival, called "Aahh fest," coming in September, which will be held behind the Museum of Science and Industry.