One year ago, Congress defunded public media. Now that we're 100% community funded, please become a sustaining member or increase your existing membership today.
This is an archival story that predates current editorial management.
This archival content was written, edited, and published prior to LAist's acquisition by its current owner, Southern California Public Radio ("SCPR"). Content, such as language choice and subject matter, in archival articles therefore may not align with SCPR's current editorial standards. To learn more about those standards and why we make this distinction, please click here.
David Geffen Foundation Donates $25 Million to Academy Museum of Motion Pictures
Photo by Arsgera via Shutterstock
The Academy of Motion Picture Arts and Sciences is getting to work on building a new museum at the corner of Wilshire and Fairfax, and they now have another $25 million at their disposal, thanks to a massive donation from the David Geffen Foundation.
Variety reports that the organization's gift will result in a theater at the museum being named the David Geffen Theater.
According to Deadline.com, the donation is part of a $300 million capital campaign that's being co-chaired by Annette Bening and Tom Hanks.
The design for the theater sounds like it will handily restore the outside of the building as well, which is located on LACMA's campus:
The design for the Academy Museum fully restores the Wilshire and Fairfax street-front facades of the original 1939 Streamline Moderne building. It also includes a spherical wing at the northern end of the original building that will replace an extension made to the structure in 1946. Designed to represent the marriage of art and technology, the wing will house The David Geffen Theater and will be a spectacular new piece of contemporary architecture that will perfectly complement the historic building.
The Academy's website notes that the building will be designed by architects Renzo Piano and Zoltan Pali.
One year ago, Congress voted to defund public media, eliminating a critical $1.7 million from our budget every year going forward. But they couldn’t silence us, and we’re not going anywhere. LAist is now 100% community funded and that means we’re taking our future into our own hands and turning to you to keep local reporting strong.
You come to LAist because you want independent reporting and trustworthy local information. Our nonprofit newsroom doesn’t answer to shareholders looking to turn a profit. Instead, we answer to you and our communities. We are free to follow facts wherever they lead and to hold power to account without fear or favor. Our only loyalty is to our readers and listeners and our mission: to inform, engage, and strengthen Southern California’s communities.
If this story helped you, please become a monthly member today to help sustain this mission. It just takes 1 minute to donate below.
You come to LAist because you want independent reporting and trustworthy local information. Our nonprofit newsroom doesn’t answer to shareholders looking to turn a profit. Instead, we answer to you and our communities. We are free to follow facts wherever they lead and to hold power to account without fear or favor. Our only loyalty is to our readers and listeners and our mission: to inform, engage, and strengthen Southern California’s communities.
If this story helped you, please become a monthly member today to help sustain this mission. It just takes 1 minute to donate below.
Senior Vice President News, Editor in Chief
