When little Joshua Smith set up his lemonade stand business last weekend, he wasn't looking to get some extra money to buy an X-BOX.

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Instead, the 9-year-old has been selling snacks and drinks in front of his family's Detroit home to raise money for the city ever since he overheard on the radio that the struggling city faces a $200 million budget deficit. By Monday, he had earned the respect and praise of supporters nationwide after he managed to raise more than $3,000 which will be used to fund a playground.

For his efforts, Joshua was awarded the Spirit of Detroit Award by a local city councilwoman. And once word about Joshua's lemonade stand went viral, the Rosa Parks Scholarship Foundation decided they will give him a $2,000 scholarship, as long as he graduates high school with a grade point average of at least 2.5. Ironically, his mother Rhonda Smith was awarded the same scholarship when she graduated from Cass Technical High School in 1987.

via Freep