Steven Spielberg

NET WORTH: $3.7 billion

SOURCE OF WEALTH: Director and Producer, cofounder of Dreamworks Studios

FUNDING AREAS: Health, Jewish Causes, Arts, Education & Youth, Environment & Animals

OVERVIEW: Steven Spielberg started his giving early, but likes to keep a low profile. He moves giving through the Righteous Persons Foundation, which focuses on Jewish causes, as well as the Wunderkinder Foundation, which focuses on a range of causes often in Los Angeles and New York. Spielberg also gives anonymously.

BACKGROUND: After failing to get into USC film school, Steven Spielberg got his start as an unpaid intern in the editing department of Universal. The list of films Spielberg has directed and produced includes Jaws, E.T., Jurrassic Park, Indiana Jones, Schindler’s List, The Color Purple, and Saving Private Ryan. He founded Dreamworks Animation with Jeffrey Katzenberg and David Geffen.

ISSUES:

JEWISH CAUSES: After directing Schindler's List, Spielberg started several foundations to support the Jewish community and survivors of the Holocaust, saying he could not keep the profits from the movie “because it was blood money.” Instead, he used it to create the Righteous Persons Foundation, which donates money to Jewish organizations and historical projects that relate to the Holocaust, and the Shoah Foundation, which has collected over 50,000 testimonials of people who lived through the Holocaust or experienced it firsthand, including Jews, Gypsies, homosexuals, and other minorities; it is now focused on its new mission of overcoming prejudice, intolerance, and bigotry, and continues to produce educational materials. Righteous Persons Foundation grantees have included JCC Manhattan; Auburn, which "brings together religious leaders of Jewish, Christian, Muslim and other faiths to advance their leadership skills, raise their visibility, and work across religious divides on the key social justice issues of our time"; and One Table,  an "organization dedicated to spreading the practice of Shabbat."

HEALTH: In 1997, Spielberg made a gift to the Cedars-Sinai Medical Center in West Hollywood for pediatric medicine in an amount that was significant enough to get the hospital to name a wing of the building after him. He is also the Chairman Emeritus for the STARBRIGHT Foundation, which is dedicated to the development of projects that empower seriously ill children to combat the medical and emotional challenges they face. Via the Wunderkinder Foundation, Spielberg has supported places like American Heart Association, Children's Diabetes Foundation, Planned Parenthood of Los Angeles, Teddy Bear Cancer Foundation, and the UCLA Foundation towards medical research. 

ARTS & CULTURE: The Museum of the Academy of Motion Picture Arts and Sciences has received at least $10 million from Spielberg. He has also made donations to the Film Foundation. Wunderkinder Foundation grantees have included The Shakespeare Center of Los Angeles, Tribeca Film Institute, and Friends of the Brentwood Arts Center.  In 2012, Spielberg pledged $30 million to the Motion Picture and Television Fund Foundation, where he serves on the board.

EDUCATION & YOUTH: Wunderkinder Foundation grantees have included American Film Institute, Big Brothers Big Sisters of Greater Los Angeles, Campbell Hall, Children's Defense Fund, and the USC School of Cinematic Arts.

ENVIRONMENT & ANIMALS: Spielberg, via Wunderkinder, has supported places like Peconic Land Trust Incorporated, The Nature Conservancy, and Angel City Pit Bulls.

LOOKING FORWARD: Spielberg likely has a significant amount of giving left to do. And he’s not getting any younger, either, so we’re expecting his giving to start picking up significantly before too long.

CONTACT:

The Wunderkinder Foundation does not provide a clear avenue to get in touch with Spielberg but below is an address

The Wunderkinder Foundation
11400 W. Olympic Blvd, No 550
Los Angeles, CA 90064

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