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Academy of Motion Picture Arts and Sciences Receives $20 Million for Museum

originally posted by Philanthropy News Digest
November 20, 2013

The Academy of Motion Picture Arts and Sciences has announced gifts of $10 million each from filmmakers Jeffrey Katzenberg and Steven Spielberg in support of the planned Academy Museum of Motion Pictures.

In recognition of the gifts, the two main galleries on the building’s lobby floor will be named the Marilyn and Jeffrey Katzenberg Gallery and the Spielberg Family Gallery. The galleries will showcase exhibitions that explore the past, present, and future of moviemaking.

Designed by architects Renzo Piano and Zoltan Pali, the 300,000-square-foot museum will feature theaters, screening rooms, and dedicated space for exhibitions and special events. Scheduled to open in 2017, it will be located next to the Los Angeles County Museum of Art in the historic Wilshire May Company building.

“Steven and Jeffrey share a passion for moviemaking and philanthropy,” said Academy Museum campaign chair Bob Iger. “With these incredibly generous gifts, they are combining the two, moving us closer to our goal of building a museum to preserve the history of motion pictures and inspire the next generation of filmmakers.

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