Spielberg, Katzenberg and Geffen Donate $90 Million to Nonprofit
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Jeffrey Katzenberg, Steven Spielberg and David Geffen have teamed up to the tune of $90 million in donations to the Motion Picture & Television Fund’s endowment campaign.
Each entertainment mogul is donating $30 million to the nonprofit, which provides support, including health and social services, to active and retired entertainment industry workers.
The donations by the trio, founders of DreamWorks SKG, will significantly advance the $350 million endowment campaign of the fund, of which Katzenberg is chairman.