"Having spent years teaching underprivileged children to acquire basic water safety techniques around aquatic environments, I can only say that simple ideas are often the most effective," the Princess told the crowd at the launch

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Even when she’s splashing away, Princess Charlene of Monaco still can’t help but look flawless … and it’s all for a good cause!

Her Serene Highness was joined by former Olympic diver, Greg Louganis, to celebrate the launch of the US Chapter of the Princess Charlene of Monaco Foundation in Los Angeles on Wednesday.

The foundation, which strives to promote water safety and sportsmanship to children, was inspired by the princess’ background as an Olympic swimmer in South Africa.

“Around the globe, thousands of innocent lives are tragically lost to drowning every year,” the Princess said at the launch. “I am here to share with you how many lives we are saving – and how many we can save, simply by training the trainers and by focusing on one person, one family, and one community.”

She added, “Having spent years teaching underprivileged children to acquire basic water safety techniques around aquatic environments, I can only say that simple ideas are often the most effective.”

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That being said, the the princess – who wore a black wetsuit – didn’t hesitate to get in the water and teach the kids a thing or two – all while having a blast!

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“The water has been so much of my life and there really could be a joy in it and teaching kids and their families, as far as water safety, how to be safe and look after each other,” Louganis, 56 told PEOPLE at the event. It’s just a wonderful thing.”

Though promoting water safety, fun in the sun was had by all.

Reporting by RAHA LEWIS