Dr. Dre is reportedly worth over $700 million, so he is clearly not hurting for money. The legendary producer is forgoing collecting royalties from his latest album Compton: A Soundtrack in order to donate his profits from the project to help build a new performing arts and entertainment facility for the children in Compton, Los Angeles.

The announcement about Dre’s contribution was made during Zane Lowe’s Beats 1 Radio program. The creator of tracks like “Nuthin’ But A ‘G’ Thang,” “The Real Slim Shady,” and “In Da Club” will be working with Compton Mayor Aja Brown to complete the new space.

“I feel it’s the right thing to do and I hope everybody appreciates the work I put into this album,” said Dre.

He added, “I’ve been really trying to do something special for Compton and just couldn’t quite figure out what it was. Mayor Brown actually had this idea and she was already in the process of working on it. I said, ‘Boom, this is what we should do.’”

The city of Compton could be looking at a nice endowment from Dre. Compton: A Soundtrack is expected to sell over 300,000 copies in its first week alone. The LP hits stores today (August 7).