OVERVIEW: The Chartwell Charitable Foundation is the philanthropic vehicle of Jerrold Perenchio, former chairman and CEO of Univision and his wife, Margaret. Supporting the arts is a top priority of theirs.
IP TAKE: Between Perenchio’s $500 million dollar art collection, set to go to LACMA upon his death, and Margaret’s artist background, this couple has a serious passion for art, and supporting it. Perenchio is known for making anonymous gifts, as well, so the scope of the couple's philanthropy might be even greater.
PROFILE: Perenchio was born in Fresno and moved down to Los Angeles to attend UCLA, from where he graduated in 1954. He served in the U.S. Air Force for several years before starting a long and successful career in entertainment. His first job was at the talent agency MCA. It wasn’t long before he started an agency of his own, Chartwell Artists, which grew to become the fifth-largest talent agency in the world and was eventually sold to International Creative Management. (ICM). He helped produce film and television classics as All in the Family and Driving Miss Daisy and co-promoted the Muhammad Ali and Joe Frazier fight as well as the Bobby Riggs/Billie Jean King "Battle of the Sexes" tennis match. In 1992, he purchased Univision Communications and sold his stake in 2007 for $1.3 billion.
Perenchio and his wife, Margaret, are generous supporters of the arts. Perenchio fell in love with art as a young talent agent after meeting British actor Charles Laughton, who had a penchant for art museums. Margaret, meanwhile, is an artist who has painted the likes of Luciano Pavarotti and Les Moonves. The couple has an enormous art collection, with 47 of their paintings valued at $500 million. In late 2014, the Perenchios announced that their collection would go to LACMA upon their death.
In recent years, the Perenchios have supported outfits such as LACMA (which received $100,000 in 2014), the Met ($100,000 in 2014), the Hammer Museum, Zimmer Children's Museum, MoCA, and MoMA through the Chartwell Charitable Foundation. Again, it’s likely they've donated anonymously as well.
Outside of visual arts, the couple has also been supportive of music and dance, giving recent sums to Los Angeles Chamber Orchestra, Los Angeles Opera, The Los Angeles Music Center Spotlight Awards, Ballet Hispanico in New York and Los Angeles Philharmonic, which received at least $400,000 in 2014. Los Angeles and New York appear to be preferred locations in this area.
Perenchio also was a founding trustee at Geffen Playhouse, which received at least $325,000 in 2014. Sums have also gone to P.S. Arts, an arts education outfit in Venice.
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