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Annenberg Foundation

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Annenberg Foundation
FoundedJuly 1, 1989
(section 509(a)(3) organization)
FounderWalter H. Annenberg
TypeNon-operating private foundation
(IRS exemption status): 501(c)(3)[1]
FocusArts, Education, Health and Human Services, Animal services and Civic responsibility
Location
Coordinates34°03′30″N 118°24′56″W / 34.058233°N 118.415536°W / 34.058233; -118.415536
Area served
United States
OwnerWallis Annenberg
Key people
  • Wallis Annenberg
  • Lauren Bon
  • Gregory Annenberg Weingarten
  • Charles Annenberg Weingarten
Websitewww.annenbergfoundation.org

The Annenberg Foundation is a foundation that provides funding and support to non-profit organizations.

Overview

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The Annenberg Foundation was established by Walter H. Annenberg in 1989 with $1.2 billion, one-third of the assets from the sale of Annenberg's Triangle Publications.[2]

The Annenberg Foundation has focused on educational programming, and its efforts have also included environmental stewardship, social justice, and animal welfare. The foundation has roots as a traditional grantmaking institution and is also involved in the community.

As of 2021, the foundation has $1.59 billion in assets.[3]

Ownership and Board of Directors

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Walter H. Annenberg headed the Annenberg Foundation until his death in 2002. Leonore Annenberg, his wife, ran it until her death in March 2009. Since then, the foundation's trusteeship has been led by Wallis Annenberg and three of her children: Lauren Bon, Gregory Annenberg Weingarten, and Charles Annenberg Weingarten.[citation needed]

  • Chairman of the Board, President and CEO, Wallis Annenberg
  • Vice President and Director, Lauren Bon
  • Vice President and Director, Gregory Annenberg Weingarten
  • Vice President and Director, Charles Annenberg Weingarten

The Ballona Wetlands Restoration Project

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On January 28, 2013, the Annenberg Foundation signed a Memorandum of Understanding with the California Department of Fish and Wildlife and several other state agencies to explore the possibility of constructing a 46,000 square foot facility in the protected Ballona Wetlands Ecological Reserve which would have included adoption and veterinary services for domestic pets.[4] However, on December 2, the Foundation announced that it was suspending its plans.[5] The Los Angeles Times reported that some wetlands advocates had opposed the proposal.[6] The Los Angeles Daily News noted that this was the Foundation's second failed attempt to construct this project on public land.[7] The Los Angeles Times and Los Angeles Daily News editorial boards called the project "a bad fit" and "inappropriate," respectively.[8][9]

References

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  1. ^ "Foundation Growth and Giving Estimates" (PDF). Foundation Centre. Retrieved 31 August 2013.
  2. ^ Eichenwald, Kurt (1988-08-08). "THE MEDIA BUSINESS; Murdoch Agrees to Buy TV Guide In a $3 Billion Sale by Annenberg". The New York Times. ISSN 0362-4331. Retrieved 2024-07-09.
  3. ^ "Annenberg Foundation". www.influencewatch.org. Retrieved 2021-05-26.
  4. ^ "Fully Executed MOU Jan 28 2013.pdf". Google Docs. January 28, 2013. Retrieved September 11, 2023.
  5. ^ Official Announcement of Withdrawal
  6. ^ Groves, Martha (December 3, 2014). "Annenberg Foundation suspends plan for Ballona Wetlands visitors center". Los Angeles Times. Retrieved September 11, 2023.
  7. ^ Mazza, Sandy (December 2, 2014). "Annenberg pulls $45 million for controversial Ballona Wetlands redevelopment". Daily News. Retrieved September 11, 2023.
  8. ^ "A bad fit for Ballona Wetlands". Los Angeles Times. September 20, 2013. Retrieved September 11, 2023.
  9. ^ "Ballona Wetlands not appropriate place for a pet adoption center: Editorial". Daily News. July 2, 2014. Retrieved September 11, 2023.