Charity, L.A. Local
Nov 13, 2020

Academy Museum of Motion Pictures Hits Pre-Opening Fundraising Goal

The Academy of Motion Picture’s museum has a big reason to celebrate. Ahead of their opening, they have hit and even surpassed their fundraising goals.

Renzo Piano Building Workshop/Academy Museum Foundation/Image from L’Autre Image

The Museum of Motion Pictures has now met and, actually, exceeded its pre-opening fundraising goal of $388 million, the museum announced on Friday. One of the major players in hitting this milestone was animation studio Laika. Laika is responsible for closing out a campaign that was launched in 2012 and overseen by chair Bob Iger and co-chairs Annette Bening and Tom Hanks. A gallery dedicated to special collections will be named after the Oregon-based company when the museum opens to the public.

More than 13,000 donors contributed to the campaign, the museum reported, with gifts coming from individuals, corporations, foundations and government entities. The largest contribution, $50 million, came from Cheryl Saban and Haim Saban; the portion of the museum that occupies the former May Company department studio will be named the Saban Building in their honor.

Ted Sarandos, who recently succeeded Ron Meyer as the chair of the museum’s board of trustees, chimed in, “Thanks to the strong leadership of Bob Iger, the enlightened support of the Academy’s Board of Governors, and the dedication of the Academy Museum’s Board and staff, this new institution is now poised to deliver on its promise as the world’s premier museum of film.”

*More information on the museum can be found in the original article first shared by The Hollywood Reporter.