Can Family Fund Help Television? The Saban Family’s Impact on the Television Academy
The Saban Family Foundation, established by Haim and Cheryl Saban, has made a significant contribution to the Television Academy’s New Destination Campaign. This generous gift has enabled the Academy to expand its NoHo Arts District campus and construct the new Saban Media Center. This act of philanthropy raises the question: can family funds significantly help television? The Saban’s contribution provides a compelling case study.
The Saban Media Center: A Hub for Television’s Future
The Saban Media Center, a 30,000 square foot LEED-certified building, will serve as the new home for the Television Academy and its Foundation. This state-of-the-art facility will significantly enhance the organization’s ability to support and educate its 20,000 members, encompassing various roles in television production. The center will provide a nurturing environment for the next generation of television leaders through internships, scholarships, professional training, and recognition programs. This investment in the future of television underscores the potential impact of family funding.
Fostering Innovation and Collaboration in Television
The Saban Media Center will house a technology center and pocket studio, providing hands-on experience for interns and young professionals. This will allow them to hone their skills and contribute to the ever-evolving landscape of television. Haim Saban, recognizing the dynamic nature of the industry, emphasized the importance of playing a meaningful role in its evolution. The Saban family’s support for the Academy’s educational initiatives demonstrates how family funds can foster innovation and collaboration within the television industry.
The Saban Family’s Commitment to Education and Community
The Saban Family Foundation’s commitment extends beyond financial support. They share the Academy’s passion for encouraging thought leadership through education, collaboration, and community building. Their dedication to nurturing the next generation of television professionals aligns with the Academy’s mission to represent all aspects of the creative process in television production. This shared vision highlights the synergistic potential when family foundations align with organizations dedicated to advancing their respective fields.
A Legacy of Philanthropy in Television
The Saban Family Foundation, known for its support of various causes, including medical, children’s, and educational programs, has demonstrated a deep commitment to philanthropy. Their contribution to the Television Academy reflects their belief in the power of television as a medium for education and cultural enrichment. The Saban Media Center stands as a testament to the transformative potential of family funds in shaping the future of television.
