Media mogul Barry Diller has donated $30 million to the Motion Picture & Television Fund, the non-profit organisation said Tuesday. Diller’s donation is part of the MPTF’s $350 million capital campaign announced in February.
“Seems impossible to me to have had success in the entertainment industry and not strongly support the MPTF,” Diller said in a statement. “I’m just glad and happy to be able to do so.”
Diller, a billionaire and the former chairman of Fox and Paramount Pictures, currently heads the American internet company, IAC/InterActiveCorp.
“This incredible pledge now insures that these services will be there forever and we are grateful to Barry for honouring the legacy of caring for our own in such a significant way,” — Jeffrey Katzenberg, MPTF Foundation chairman
The fundraising push is being led by MPTF Foundation chairman Jeffrey Katzenberg, and the funds will be used to support primary health care, build a cash reserve and renovate facilities on the organisation’s Wasserman Campus in Woodland Hills.
“This incredible pledge now insures that these services will be there forever and we are grateful to Barry for honouring the legacy of caring for our own in such a significant way,” Katzenberg said in a statement.
When the campaign was initially announced, MPTF leadership said it had raised $238 million — or 68 per cent of its goal.
Among the big names who have contributed to the film and television industry charity’s campaign are construction and entertainment magnate Steve Bing, “Hangover” director Todd Phillips, producer Joe Roth, George Clooney, media and music entrepreneur David Geffen and Kate and Steven Spielberg.
The money raised by the campaign will not primarily be used for propping up its financially troubled long-term care facility.
However, that operation no longer faces closure, as it once did and has even begun admitting new patients for the first time since plans to shutter the facility were announced in 2009.
At the launch of the capital campaign last February, MPTF leadership portrayed the campaign as a new day for the organisation and a chance to turn the page on the three years of protests and strife that have greeted the aborted efforts to close its long-term care unit.
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