The music mogul hosted a massive carnival-themed blowout at Marlins Park in Miami to celebrate his son’s second birthday on Saturday. In addition to celebrating Asahd’s birthday, the bash also doubled as a launching ground for the youngster’s first charitable initiative.

Asahd’s Initiative, a program part of Khaled’s We The Best Foundation, will focus on enriching the lives of children by financially supporting programs focused on community needs, family values and youth entrepreneurship. While the initiative will give donations to charities and individuals around the country, its focus will be on Miami, where the famous family lives.

In keeping with the charitable spirit of the afternoon, over 250 kids from various community organizations were invited to celebrate with Asahd.

The former New York Yankee player and current CEO of the Miami Marlins was on hand to present Asahd with a $100,000 check on behalf of the Marlins and $10,000 from Cybex, a company that produces strollers.

While launching his charitable initiative is already a rewarding gift, the birthday boy was also presented with his own Ferrari car — and matching stroller.