I was wondering what was happening with this coin, so I googled/youtubed it.
"In a surprise twist to end the Litecoin Summit in Nashville, Charlie Lee announced that he would be offering an annual contribution of up to $250,000 per year for the next five years years, matching donations to Litecoin Foundation!"
https://www.litecoin.net/news/charlie-lee-to-match-fundingThoughts?