Steven Spielberg, Jeffrey Katzenberg, and David Geffen – the Hollywood luminaries who founded DreamWorks SKG 18 years ago this week – have each donated $30 million to the Motion Picture & Television Fund, the Hollywood charity that provides financial assistance, medical services, and retirement facilities to industry professionals.
“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.”
The donations are part of a $350 million campaign to shore up the endowment for the MPTF, which was founded 90 years ago by Hollywood legends like Charlie Chaplin, Mary Pickford, Douglas Fairbanks, and D.W. Griffith.
Katzenberg is also chairman of the MPTF Foundation.