In what's a very generous gift of financial support to the Hollywood community, Steven Spielberg and his Dreamworks SKG partners Jeffrey Katzenberg and David Geffen, have each donated $30 million towards the Motion Picture & Television Fund's $350 million endowment campaign.
Campaign co-chair and MPTF board member George Clooney made the announcement on Oct. 16, praising the three film legends for their enormous generosity.
"Steven Spielberg, Jeffrey Katzenberg and David Geffen are each legendary for their philanthropy and individually have made immeasurable impact on charities and organizations ranging from arts and culture, health care, education, film preservation and social services in our Hollywood community and around the nation,” Clooney said. “And now for them to make this unified commitment to MPTF only adds to that incredible record of generosity."
As detailed in its mission statement, for more than 90 years the MPTF has worked to provide financial assistance and basic needs for the entertainment community, as well as developing outreach programs and services for seniors.
"It becomes very personal when someone you know or have worked with is cared for at 'the Home' or a crew member is helped financially by MPTF," said Spielberg in a statement. "The mission 'we take care of our own' is suddenly very real and tangible, and so this new donation is an extension of what we have been doing for a number of years to support that mission."
Additional gifts by celebrities and notables to the cause include $20 million by Anne and Kirk Douglas, $30 million by entertainment mogul Barry Diller and $30 million by film producer Steve Bing.