Cricketers David Warner, Yuvraj Singh and other prominent personalities will be present for the launch.
The foundation has been in existence for the last two years and it is currently supporting 90 children and four IIT students, Laxman told reporters here today.
A 'black tie-dinner' (fund raiser) would be organised on May 5, he said. "The whole idea of this launch and fund-raiser on May 5 is to build a corpus and to support more (children)," he said.
The discussion on 'Future of Sports coaching in India', to be moderated by cricket commentator and writer Harsha Bhogle, would be participated by Yuvraj Singh, David Warner and Pullela Gopichand.
The second debate on 'Power of Dreams' would be attended by Telangana IT minister KT Rama Rao and south Indian actress Samantha.
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