Sumner Redstone has made a $20 million gift to the Motion Picture & Television Fund Campaign, the Hollywood non-profit said Tuesday. The Viacom and CBS Executive Chairman made the donation through his charitable foundation.
The MPTF launched a $350 million fundraising campaign in February 2012 and with Redstone’s gift the charity has raised over $300 million towards that goal. The non-profit will use the money build its endowment and provide services and financial assistance to entertainment-industry members in need.
Also read: Sumner Redstone Donates $10M to USC’s School of Cinematic Arts
Redstone joins a list of moguls and movie stars who have donated to the campaign including DreamWorks Animation chief Jeffrey Katzenberg, his former business partners Steven Spielberg and David Geffen, IAC chairman Barry Diller, Anne and Kirk Douglas, 21st Century Fox head Rupert Murdoch and producer Steve Bing.